Genes Dream Foundation Inc
- Assets
- $23.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-5069305
Organization Overview
Genes Dream Foundation Inc is located in Myrtle Beach, SC. The organization was established in 2018. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genes 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 12/2021, Genes Dream Foundation Inc generated $14.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $20.0k during the year ending 12/2021. 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
FUNDS PROVIDED TO THE FIRST TEE OF COASTAL CAROLINASSUPPORTING LOCAL YOUTH IN GOLF & LEADERSHIP EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wil Weldon Chairman | 7.5 | $0 | |
Joe White Secretary | 15 | $0 | |
Mike Buccerone Director | 2.5 | $0 | |
Kelly Tilghman Vice President Of Development | 15 | $0 | |
Rod Jahner Treasurer | 10 | $0 | |
Tj O'brien Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,524 |
| Other Revenue | $5 |
| Total Revenue | $14,531 |
| 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 | $35 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,923 |
| Total expenses | $19,958 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,862 |
| Other assets | $0 |
| Total assets | $23,862 |
| Total liabilities | $552 |
| Net assets or fund balances | $23,310 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Genes Dream Foundation Inc has recieved totaling $13,500.
| Awarding Organization | Amount |
|---|---|
Fmu Charitable Foundationincorporated Surfside, FL PURPOSE: DONATION | $13,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
One Eleuthera Foundation Clemson, SC | $425,301 | $3,559,088 |
The Jesse Helms Center Foundation Wingate, NC | $10,139,785 | $832,538 |
Dreams Fore Kids Inc Greensboro, NC | $52,918 | $671,050 |
Atlanta Charity Clays Inc Atlanta, GA | $645,655 | $485,330 |
Oglethorpe County Athletic Booster Lexington, GA | $0 | $82,853 |
Chuck Gardner Bowl4life Scholarship Foundation Ridgeway, SC | $92,160 | $0 |
Frank Ski Kids Foundation Inc Atlanta, GA | $61,612 | $0 |
T-Bonz Foundtation Inc Charleston, SC | $626,424 | $697,382 |
S Janel Bullock 24 Foundaion Group Inc Grayson, GA | $26,545 | $0 |
Rye Foundation Inc Winstonsalem, NC | $8,723 | $0 |
Lanier Band Booster Association Buford, GA | $62,370 | $76,775 |
National Charity League Inc Milton Chapter Alpharetta, GA | $107,886 | $0 |