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Nonprofiteer
← BREES DREAM FOUNDATION

Form 990 for tax year 2023

Filed by BREES DREAM FOUNDATION.

Totals

Total revenue
$1,316,645
Total expenses
$1,091,133
Contributions and grants received
$1,671,328
Grants paid
$1,076,580
Program service revenue
$0
Investment income
-$86,659
Other revenue
-$268,024
Total assets, end of year
$599,064
Total liabilities, end of year
$422,104
Net assets or fund balances, end of year
$176,960
Program services expenses (Part IX)
$1,076,580
Management and general expenses
$14,553
Fundraising expenses
$0
Program service expenses (Part III)
$1,076,580

Program services were 98.7% 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

    $478,855

  • 1f · All other contributions, gifts and grants

    $1,192,473

  • 1g · Noncash contributions included above

    $936,568

  • 3 · Investment income

    total $6,878 · excluded $6,878

  • 7a · Gross sales of assets other than inventory

    other assets $406,463

  • 7b · Less cost or other basis and sales expenses

    other assets $500,000

  • 7c · Gain or loss

    other assets -$93,537

  • 7d · Net gain or loss

    total -$93,537 · related or exempt -$93,537

  • 8a · Fundraising events: gross income

    $59,616

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

    $478,855

  • 8b · Fundraising events: direct expenses

    $327,665

  • 8c · Net income from fundraising events

    total -$268,049 · excluded -$268,049

  • 11a · Other revenue: REIMBURSED EXPENSES

    total $25 · excluded $25

  • 11e · Other revenue, total

    $25

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,076,580 · program services $1,076,580

  • 11c · Fees: accounting

    total $10,225 · management and general $10,225

  • 13 · Office expenses

    total $911 · management and general $911

  • 22 · Depreciation, depletion and amortization

    total $1,560 · management and general $1,560

  • 23 · Insurance

    total $500 · management and general $500

  • 24a · Other expenses: BANK & EXCHANGE COSTS

    total $1,357 · management and general $1,357

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $33,845 · end of year $28,043

  • 2 · Savings and temporary cash investments

    beginning of year $13,974 · end of year $510,241

  • 4 · Accounts receivable

    beginning of year $49,538 · end of year $60,000

  • 10a · Land, buildings and equipment: cost or other basis

    $7,800

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,020

  • 10c · Land, buildings and equipment, net

    beginning of year $2,340 · end of year $780

  • 12 · Investments: other securities

    beginning of year $245,411

  • 14 · Intangible assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    end of year $17,422

  • 18 · Grants payable

    beginning of year $652,503 · end of year $402,503

  • 19 · Deferred revenue

    end of year $2,179

  • 27 · Net assets without donor restrictions

    beginning of year -$307,395 · end of year $176,960

Mission and programs · 2023

Mission

IMPROVING THE QUALITY OF LIFE FOR CANCER PATIENTS. PROVIDE CARE, EDUCATION AND OTHER OPPORTUNITIES FOR CHILDREN AND FAMILIES IN NEED.

Activities or mission (Part I)

IMPROVING THE QUALITY OF LIFE FOR CANCER PATIENTS, AND PROVIDE CARE, EDUCATION AND OPPORTUNITIES FOR CHILDREN AND FAMILIES IN NEED.

  • BUILD STRONG ACADEMY: FUNDING FOR THE ACADEMY THAT HELPS CREATE A SKILLED CONSTRUCTION WORKFORCE IN THE GREATER NEW ORLEANS AREA THROUGH HANDS ON CONSTRUCTION TRAINING AND RELATED TRADES

    Expenses $568,261 · Grants $568,261

  • JUNIOR ACHIEVEMENT FOUNDATION TO HELP YOUNG PEOPLE GAIN THE KNOWLEDGE AND SKILLS THEY NEED TO OWN THEIR ECONOMIC SUCCESS, PLAN FOR THEIR FUTURES, AND MAKE SMART ACADEMIC AND ECONOMIC CHOICES.

    Expenses $173,593 · Grants $173,593

  • OCHSNER CLINIC GRANTS FOR COMMUNITY HEALTH EXPANSION PROJECT AND WOMEN'S WELLNESS.

    Expenses $125,000 · Grants $125,000

  • GRANTS TO VARIOUS 501(C)(3) ORGANIZATIONS

    Expenses $209,726 · Grants $209,726

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Drew Brees

    PRESIDENT/TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • John Palguta

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Brittany Brees

    VICE PRES, TREASURER

    Total calculated
    $0
    Hours/week
    10

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

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

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

  • No recipient named

    $406,463

    Disposition · 14.8228 BITCOIN · Oct 9, 2023

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349316543

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

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