American Dream Foundation Inc
- Assets
- $1.1m
- Revenue
- $82.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- Ogden, UT
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 31-1642351
Organization Overview
American Dream Foundation Inc is located in Ogden, UT. The organization was established in 1999. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Dream Foundation Inc 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 12/2023, American Dream Foundation Inc generated $82.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $307.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, American Dream Foundation Inc has awarded 36 individual grants totaling $321,210. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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 |
|---|---|---|---|
John A Gullo Trustee | 20 | $0 | |
John D Gullo Trustee | 20 | $0 | |
Brett Dagley Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,000 |
| Interest on Savings | $278 |
| Dividends & Interest | $20,317 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,215 |
| Capital Gain Net Income | $22,215 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $82,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $306 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,055 |
| Total operating and administrative expenses | $20,756 |
| Contributions, gifts, grants paid | $286,876 |
| Total expenses and disbursements | $307,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,438 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $513 |
| Total assets | $1,106,872 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, American Dream Foundation Inc has awarded $286,876 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HERO'S PROJECT PURPOSE: GENERAL CHARITABLE PURPOSE | $1,000 |
SALVATION ARMY PURPOSE: GENERAL CHARITABLE PURPOSE | $125 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: GENERAL CHARITABLE PURPOSE | $122 |
TUNNEL TO TOWERS FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $139 |
YOUTH IMPACT PURPOSE: GENERAL CHARITABLE PURPOSE | $2,500 |
UTAH STATE UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSE | $250 |