Reaching Your Dream Foundation
- Assets
- $58.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-5352419
Organization Overview
Reaching Your Dream Foundation is located in Danville, CA. The organization was established in 2014. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, 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. Reaching Your Dream 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 12/2021, Reaching Your Dream Foundation generated $46.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $82.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT ECONOMICALLY DISADVANTAGED AND DEDICATED YOUNG RACQUETBALL PLAYERS TO COMPETE AT THE PROFESSIONAL LEVEL AND REACH THEIR HIGHEST POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Lippitt Chairman- Executive Member | 8 | $0 | |
John Dalisky President- Executive Membe | 4 | $0 | |
Mike Manoske Executive Member | 4 | $0 | |
Kim Randolph Executive Vice President | 4 | $0 | |
Harold Jagoda Board Member | 4 | $0 | |
Tyrone Snipes Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,355 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,170 |
| Other Revenue | $1,450 |
| Total Revenue | $45,975 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,104 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,840 |
| Total expenses | $82,584 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,267 |
| Other assets | $0 |
| Total assets | $58,267 |
| Total liabilities | $1,186 |
| Net assets or fund balances | $57,081 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reaching Your Dream Foundation has recieved totaling $167.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $167 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta-Pacific Northwest Section Beaverton, OR | $10,364,483 | $7,064,482 |
Beverly Hills Tennis Club Inc Beverly Hills, CA | $2,309,166 | $2,797,755 |
Usta-Hawaii Pacific Section Honolulu, HI | $0 | $1,613,919 |
Berkeley Tennis Club Berkeley, CA | $3,688,047 | $2,587,848 |
Belvedere Tennis Club Tiburon, CA | $4,399,407 | $2,534,693 |
East Palo Alto Tennis And Tutoring Palo Alto, CA | $1,922,035 | $1,623,690 |
Marty Hennessy Inspiring Children Foundation Boulder City, NV | $2,001,454 | $2,553,075 |
Rancho Bernardo Swim & Tennis Club San Diego, CA | $4,244,361 | $1,515,338 |
Palos Verdes Tennis Foundation Palos Verdes Estates, CA | $870,836 | $1,783,286 |
Marin Tennis Club San Rafael, CA | $3,004,234 | $1,464,389 |
Mill Valley Tennis Club Mill Valley, CA | $2,138,090 | $1,408,475 |
Saddlebrooke Pickleball Association Tucson, AZ | $216,834 | $469,910 |