Dream Stream Foundation
- Assets
- $10.2k
- Revenue
- $21.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Encino, CA
- Founding
- 03/2019
- Data as of
- 12/2018
- EIN
- 83-1166429
Organization Overview
Dream Stream Foundation is located in Encino, CA. The organization was established in 2019. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Stream Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
DREAM STREAM'S MISSION IS TO LESSEN DISTRESS, IMPROVEMENTAL WELL-BEING AND PHYSICAL COMFORT, AND ENCOURAGE SOCIALIZATION OF PEDIATRIC PATIENTS INHOSPITALS BY UTILIZING DIGITAL TECHNOLOGY TO CONNECT SICK CHILDREN WITH CELEBRITIES, ATHLETES, AND OTHERROLE MODELS THROUGH LIVE VIDEO AND GAMING MOBILE STREAMS THEREBY INSPIRING THOSE CHILDREN IN THEGREATEST NEED OF HOPE AND SUPPORT. DREAM STREAM INTENDS TO DEVELOP A MOBILE APP THAT ALLOWS ONLYCHILDREN IN HOSPITALS TO VIEW LIVE VIDEO AND GAMING STREAMING SESSIONS WITH CELEBRITIES, ATHLETES, ANDINFLUENCERS, WHO WILL PROVIDE SPECIAL ACCESS INTO THEIR WORLD, BE IT A STAR ATHLETE TAKING CHILDRENTHROUGH HIS PRE-GAME ROUTINE OR A TEENAGE HEARTTHROB SINGING A FEW VERSES ACAPELLA IN HIS ROOM TOTHEM. BY FOSTERING AN ENVIRONMENT OFHOPE, POSITIVITY, AND EXCITEMENT, THESE SESSIONS WILL LESSENTHE MENTAL AND PHYSICAL DISTRESS ASSOCIATED WITH BEING IN AN UNFAMILIAR AND STRESSFUL ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DREAM STREAM'S APP - THE APP WILL BE AVAILABLE FOR CHILDREN IN HOSPITALS AND THEIR PARENTS TO DOWNLOAD ONTO MOBILE DEVICES. THERE WILL BE NO CHARGES TO EITHER DOWNLOAD THE APP OR ACCESS ANY OF THE CONTENT ON THE APP; EVERYTHING WILL BE MADE COMPLETELY FREE FOR THE BENEFIT OF THE CHILDREN. THE APP WILL CONTAIN GEOLOCATION SOFTWARE THAT WILL DETERMINE THE PRECISE LOCATION OF THE DEVICE, AND IT WILL ONLY ALLOW THE USER TO ACCESS THE APP'S CONTENT IF THE USER IS LOCATED WITHIN A DESIGNATED HOSPITAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Katz President | Trustee | 8 | $0 |
Cameron Katz Co-Chair | Trustee | 15 | $0 |
Deena Katz Co-Chair | Trustee | 8 | $0 |
Kenneth Scherer Treasurer | Trustee | 8 | $0 |
Jessica Cranston Secretary | Trustee | 8 | $0 |
Ernest Wolfe Vice President | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,224 |
| Noncash contributions included in lines 1a–1f | $20,224 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,224 |
| Total Program Service Revenue | $0 |
| Investment income | $71 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $846 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,141 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,928 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,213 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,213 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $10,213 |