- Revenue 2024
- $622,675
- Expenses 2024
- $365,835
Program services were 78.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- T22
- Classification
- 1000
- Street
- 3013 MEDIAL AVE
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
The goal of the Foundation is to equip the Next Generation of Leaders (athletes, entertainers, politicians, doctors, lawyers, etc) with the tools to be successful spiritually, mentally and physically. In a nation where Inner-City children are often times more likely to end up in jail than they are pursuing higher education opportunities. The Devoted Dreamers Project has created a number of initiatives aimed at connecting young men and women of the future to the resources needed to make their biggest dreams a reality.
-
Devoted Dreamers equips the Next Generation with tools to be successful in the classroom. Devoted Dreamers Academy is a 7 week summer program for children entering 6-8th grades, placing an emphasis on financial literacy, reading comprehension, physical fitness and character development, while preparing youth for the upcoming school year. Devoted Dreamers also conducts fundraising events to generate revenue for the foregoing causes. Future goals include establishing a central location for the Academy, develop a year-round tutoring program, develop a school of arts Fall program and ultimately to establish a Devoted Dreamers School.
Expenses $143,532
-
Devoted dreamers also works to provide the Next Generation with tools to help them live healthy spiritual lives. Activities include Encounter, a one-night worship experience designed to help usher young men and women into the presence of the Lord. Future goals include developing a full day Encounter conference, gospel music, and contemporary worship event, and discipleship and evangelism training summer camp. Devoted Dreamers also works to provide the Next Generation of young ladies with tools to help them build character and live healthy spiritual lives. P.E.A.R.L.S.Pure Essence and Real Love Sisterhood is a program to help build character through inspiring and motivating
Expenses $71,766
-
Devoted Dreamers works to provide the Next Generation with tools for success, on and off the field. The 7 v 7 Elite Sports team is a travel team formed through tryouts. The mentorship program consists of the best athletes across the state of Mississippi and prepares participants academically, athletically, and spiritually. The goal is to help players who have a desire to play D-1 football, to gain exposure while also developing fundamental skills in a highly competitive atmosphere. Dreamers Foundation provides ACT/SAT prep for the athletes as well as continued academic support throughout the school year, in addition to focusing on personal development.
Expenses $71,765
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Demario Davis
President
- Total calculated
- $0
- Hours/week
- 2
-
Tamela Davis
Secretary
- Total calculated
- $0
- Hours/week
- 15
-
David Loria
Treasurer
- Total calculated
- $0
- Hours/week
- 2
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $622,675
- Expenses
- $365,835
- Contributions
- $622,675
- Grants paid
- $0
-
2023
- Revenue
- $459,786
- Expenses
- $253,954
- Contributions
- $437,500
- Grants paid
- $0
-
2022
- Revenue
- $620,511
- Expenses
- $776,064
- Contributions
- $620,511
- Grants paid
- $270,000
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $525,249
- Expenses
- $398,641
- Assets (EOY)
- $175,090
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Form 990-N e-Postcard, tax year 2020
- Tax period
- 1 January 2020 to 31 December 2020
- Principal officer
-
Demario Davis
- Mailing address
- 350 West Washington Suite 308Tempe AZ 85281
As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2023 GROWTH
-
2024 COMMUNITY DEVELOPMENT
-
2022 GROWTH
-
2022 For grant recipient's exempt purposes
-
2023 MAN OF THE YEAR GRANTS
-
2022 GENERAL SUPPORT
-
$7,200
2025 Programming
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.