Skip to content
Nonprofiteer
← DREAM WORKS INC

Form 990 for tax year 2024

Filed by DREAM WORKS INC.

Totals

Total revenue
$76,982
Total expenses
$98,036
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$76,979
Investment income
$3
Other revenue
$0
Total assets, end of year
$530,554
Total liabilities, end of year
$25,244
Net assets or fund balances, end of year
$505,310
Program services expenses (Part IX)
$77,901
Management and general expenses
$20,135
Fundraising expenses
$0
Program service expenses (Part III)
$77,901

Program services were 79.5% 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.

  • 2a · Program service revenue: APARTMENT RENTALS

    total $76,979 · related or exempt $76,979

  • 3 · Investment income

    total $3 · related or exempt $3

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $6,217 · management and general $6,217

  • 11c · Fees: accounting

    total $10,266 · management and general $10,266

  • 13 · Office expenses

    total $3,267 · management and general $3,267

  • 16 · Occupancy

    total $53,608 · program services $53,608

  • 22 · Depreciation, depletion and amortization

    total $24,293 · program services $24,293

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $296 · management and general $296

  • 24b · Other expenses: STAFF DEVELOPMENT/TRAIN

    total $89 · management and general $89

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $539 · end of year $3,407

  • 4 · Accounts receivable

    beginning of year $105 · end of year $38

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

    $924,799

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

    $432,818

  • 10c · Land, buildings and equipment, net

    beginning of year $516,274 · end of year $491,981

  • 15 · Other assets

    beginning of year $26,462 · end of year $35,128

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,043 · end of year $22,106

  • 19 · Deferred revenue

    beginning of year $186 · end of year $224

  • 25 · Other liabilities

    beginning of year $1,787 · end of year $2,914

  • 27 · Net assets without donor restrictions

    beginning of year $526,364 · end of year $505,310

Mission and programs · 2024

Mission

TO PROVIDE HOUSING FOR PERSONS WITH INTELLECTUAL DISABILITIES.

  • TO PROVIDE HOUSING FOR PERSONS WITH INTELLECTUAL DISABILITES. RENTAL INCOME IS PAID BY RESIDENTS AND RENT SUBSIDIES ARE RECEIVED FROM HUD.

    Expenses $77,901 · Revenue $76,982

As filed on the 2024 return.

Listed in Part VII

  • Debby Sexton

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • David C Harris

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Donna Schneiter

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Sean Downing

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Ammerman

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Mike Marra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Sauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jenifer Frommeyer

    EXECUTIVE DIRECTOR

    Total calculated
    $94,998
    From this org
    $0
    From related orgs
    $86,069
    Other
    $8,929
    Hours/week
    10 + 40 related

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • DREAMS WITH WINGS INC

    501(C)(3) · PROVIDE HOUSING, JOB & LIFE SKILLS FOR THOSE WITH INTELLECTUAL DISABILITIES · KY

  • BUILDING DREAMS INC

    501(C)(3) · PROVIDE HOUSING FOR PERSONS WITH INTELLECTUAL DISABILITIES · KY · controlled entity

    Directly controlled by DREAMS WITH WINGS INC

Provenance

Return type
form_990
Tax year
2024
Filed
9 December 2025
IRS schema version
2024v5.2
Source object
202503449349301000

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

The source document this was parsed from is served over the API, which is where bulk and document access live.