Idream Athletes Foundation is located in Skyland, NC. The organization was established in 2015. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Idream Athletes 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 12/2022, Idream Athletes Foundation generated $2.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $3.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
IDREAM ATHLETES FOUNDATION WAS ABLE TO PROVIDE SPONSORSHIPS TO IC IMAGINE XC & MTB TEAMS DURING 2022. FUNDS FROM IDREAM ATHLETES FOUNDATION WERE ALSO USED TO SPONSOR MEMBERS OF THE LOCAL COMMUNITY IN TRAINING FOR AND PARTICIPATING IN SPORTING EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daphne Kirkwood Director | 6 | $0 | |
Steven Franklin Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,594 |
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 | $2,594 |
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 | $350 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $387 |
Total expenses | $2,961 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,480 |
Other assets | $0 |
Total assets | $4,480 |
Total liabilities | $0 |
Net assets or fund balances | $4,480 |