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Nonprofiteer
← DREAMBUILDERS FOUNDATION INC

Form 990 for tax year 2023

Filed by DREAMBUILDERS FOUNDATION INC.

Totals

Total revenue
$865,567
Total expenses
$923,317
Contributions and grants received
$861,439
Grants paid
$643,593
Program service revenue
$0
Investment income
$4,128
Other revenue
$0
Total assets, end of year
$579,614
Total liabilities, end of year
$11,179
Net assets or fund balances, end of year
$568,435
Program services expenses (Part IX)
$643,593
Management and general expenses
$175,343
Fundraising expenses
$104,381
Program service expenses (Part III)
$643,593

Program services were 69.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $76,422

  • 1f · All other contributions, gifts and grants

    $785,017

  • 3 · Investment income

    total $4,128 · related or exempt $4,128

  • 8a · Fundraising events: contributions included on line 1c

    $76,422

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $643,593 · program services $643,593

  • 11a · Fees: management

    total $84,000 · management and general $84,000

  • 11c · Fees: accounting

    total $16,325 · management and general $16,325

  • 11g · Fees: other

    total $83,321 · fundraising $83,321

  • 13 · Office expenses

    total $19,528 · management and general $19,528

  • 17 · Travel

    total $23,357 · management and general $23,357

  • 24a · Other expenses: CONTRACT LABOR

    total $23,080 · management and general $23,080

  • 24b · Other expenses: EVENT EXPENSES

    total $21,060 · fundraising $21,060

  • 24c · Other expenses: HOSPITALITY

    total $8,845 · management and general $8,845

  • 24d · Other expenses: OTHER

    total $208 · management and general $208

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $641,629 · end of year $579,614

  • 17 · Accounts payable and accrued expenses

    end of year $11,179

  • 25 · Other liabilities

    beginning of year $15,444

  • 27 · Net assets without donor restrictions

    beginning of year $176,950 · end of year $568,435

  • 28 · Net assets with donor restrictions

    beginning of year $449,235

Mission and programs · 2023

Mission

THE DREAMBUILDERS FOUNDATION IS A NON PROFIT ORGANIZATION DEDCIATED TO HELPING FINANCIALLY, PHYSICALLY OR MENTALLY CHALLENGED YOUTH TO ACHIEVE THEIR DREAMS BY PROVIDING SUPPORT AND FINANCIAL ASSISTANCE TO SECURE THE EQUIPMENT AND OPPORTUNITY NEEDED TO ACHIEVE THESE GOALS.

  • THE DREAMBUILDERS FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO HELPING FINANCIALLY, PHYSICALLY OR MENTALLY CHALLENGED YOUTH TO ACHIEVE THEIR DREAMS BY PROVIDING SUPPORT AND FINANCIAL ASSISTANCE TO SECURE THE EQUIPMENT AND OPPORTUNITY NEEDED TO ACHIEVE THESE GOALS.

    Expenses $643,593 · Revenue $785,017

As filed on the 2023 return.

Listed in Part VII

  • Thomas Tatro

    TREAUSURER

    Total calculated
    $0
    Hours/week
    5
  • Matt Toy

    VICE-PRESIDENT-SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Akin Ayodele

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • DICKS SPORTING GOODS

    $57,530

    TO SUPPORT CHILDREN

  • OPERATION WARM

    $51,000

    TO SUPPORT CHILDREN

  • BOYS & GIRLS CLUB OF GREATER DALLAS

    $30,000

    TO SUPPORT CHILDREN

  • TONY ETCHISON MEMORIAL FOUNDATION

    $29,594

    TO SUPPORT CHILDREN

  • CAMDEN SCHOOLS FOUNDATION

    $25,000

    TO SUPPORT CHILDREN

  • EIGHTY-SEVEN AND RUNNING

    $25,000

    TO SUPPORT CHILDREN

  • PMR CHARITY

    $24,000

    TO SUPPORT CHILDREN

  • FIREFLY

    $23,450

    TO SUPPORT CHILDREN

  • BOYS & GIRLS CLUBS OF TARRANT COUNT

    $20,000

    TO SUPPORT CHILDREN

  • ALDINE SPORTS ASSOCIATION

    $15,000

    TO SUPPORT CHILDREN

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
12 September 2024
IRS schema version
2023v5.1
Source object
202422569349300877

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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