League Of Dreams Inc
- Assets
- $124.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 10/2003
- Data as of
- 12/2023
- EIN
- 45-0465237
Organization Overview
League Of Dreams Inc is located in Baltimore, MD. The organization was established in 2003. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. League Of Dreams 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, League Of Dreams Inc generated $115.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $146.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ALLOWED DISABLED INDIVIDUALS THE OPPORTUNITY TO PLAY BASEBALL AND MEET MAJOR LEAGUE BASEBALL PLAYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Kolarek President | 25 | $50,000 | |
Dorothy Kolarek Vice-President | 10 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,268 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,268 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,755 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $87,214 |
| Total expenses | $145,969 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,833 |
| Other assets | $0 |
| Total assets | $124,833 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,833 |