Everyones Dream Come True
- Assets
- $38.5k
- Revenue
- $235.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Austin, TX
- Founding
- 12/2010
- Data as of
- 06/2024
- EIN
- 30-0654749
Organization Overview
Everyones Dream Come True, operating under the name Dream Come True Foundation, is located in Austin, TX. The organization was established in 2010. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2024, Dream Come True Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Come True Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Dream Come True Foundation generated $235.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $300.6k during the year ending 06/2024. While expenses have increased by 9.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PARTNERING WITH INDIVIDUALS AND THEIR FAMILIES TO MOVE THEM OUT OF POVERTY TO SUSTAINABLE INDEPENDENCE THROUGH EDUCATION, MENTORING, FINANCIAL ASSISTANCE, AND ACCESS TO COMMUNITY PARTNERSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING OUR FY2024 (JULY 1, 2023 - JUNE 30, 2024), 5 MORE DREAM ACHIEVERS GRADUATED, EARNED HIGH-DEMAND JOBS IN CENTRAL TEXAS PAYING FAMILY SUSTAINING LEVEL INCOMES, AND THEIR FAMILIES ARE LIVING IN FINANCIAL INDEPENDENCE. THE INCOME LEVEL FOR THESE FAMILIES INCREASES ON AVERAGE FROM $27,000 PER YEAR TO OVER $56,000 PER YEAR, AN INCREASE OF $29,000 PER FAMILY (TO START AND WILL GROW). THIS WILL RESULT IN AN INCREASE IN SPENDING AND TAXABLE CONTRIBUTIONS TO SUPPORT THE ECONOMY. WITH FAMILIES MOVING OFF OF GOVERNMENT AID, WE SEE A REDUCTION IN GOVERNMENT WELFARE ASSISTANCE BY APPROXIMATELY $65,000 PER YEAR PER FAMILY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shaquille Gould Director | Trustee | 3 | $0 |
Lorie Ramirez Director | Trustee | 1 | $0 |
Raquel Valdez Sanchez Director | Trustee | 3 | $0 |
Yvette Niemeyer Director | Trustee | 1 | $0 |
Sam Myers Secretary | OfficerTrustee | 4 | $0 |
Heather Bailey Director | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $145,060 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,060 |
| Total Program Service Revenue | $6,000 |
| Investment income | $2,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $82,511 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $235,722 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $84,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,327 |
| Compensation of current officers, directors, key employees. | $20,899 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,100 |
| Payroll taxes | $13,049 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,552 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,125 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,805 |
| Advertising and promotion | $0 |
| Office expenses | $4,976 |
| Information technology | $4,390 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,262 |
| All other expenses | $0 |
| Total functional expenses | $300,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,934 |
| Savings and temporary cash investments | $10,427 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,461 |
| Accounts payable and accrued expenses | $80 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $80 |
| Net assets without donor restrictions | $38,381 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $38,461 |