2025-03-24T14:57:31-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-02-21 991580856 DREAMS ABROAD INC DREA 9547908263 611 PENNSYLVANIA AVENUE SE PMB 205 WASHINGTON DC 20003 BRAD TRUESDELL TREASURER 9547908263 2025-03-24 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z X X LEESA TRUESDELL 611 PENNSYLVANIA AVENUE SE PMB 205 WASHINGTON DC 20003 232513 0 X WWW.DREAMSABROAD.COM X 2024 DE SEE PART III, LINE 1. 2 2 0 2 0 0 232513 0 0 0 232513 1041 0 0 0 40187 186931 187972 44541 44541 0 44541 X DREAMS ABROAD EDUCATES, SUPPORTS, AND EMPOWERS PROFESSIONALS WHO DREAM TO WORK, STUDY, AND LIVE ABROAD. THE ORGANIZATION HAS BEEN ESTABLISHED AND IS TO BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. SPECIFICALLY, THE ORGANIZATION WILL (CONT. ON SCHEDULE O) WILL ACCELERATE THE DREAMS AND CAREERS OF GLOBAL PROFESSIONALS THROUGH AUTHENTIC ENGAGEMENT WITH KNOWLEDGEABLE LOCALS, EXPERIENTIAL LEARNING, AND PERSONAL EXPLORATION. THROUGH THE ORGANIZATION'S WEBSITE, SOCIAL MEDIA, LOCAL EVENTS, AND SCHOLARSHIP AND SPONSORSHIP PROGRAMS, IT WILL PROVIDE PROFESSIONALS WITH VITAL INFORMATION AND RESOURCES TO INSPIRE AND GUIDE THEM THROUGH THE VAST OPPORTUNITIES AVAILABLE TO WORK, STUDY, AND LIVE OVERSEAS. 0 0 82187 1041 THE ORGANIZATION WILL CHRONICLE THE LIVES OF ITS INTERNATIONAL NETWORK AND PROVIDE A PLATFORM FOR INDIVIDUALS TO CHART THEIR GLOBAL ADVENTURES, EDUCATE OTHERS ON SPECIFIC LOCATIONS AND CUSTOMS, AND SHARE STORIES TO ENLIGHTEN AND INSPIRE OTHERS. THE ORGANIZATION ALSO CONDUCTS A "MEET THE LOCALS" PROGRAM WHICH TURNS A SPOTLIGHT ON LOCAL COMMUNITY-MINDED ENTREPRENEURS, ARTISTS, SMALL BUSINESSES, AND NONPROFITS MAKING A PROFOUND IMPACT WITHIN THEIR COMMUNITIES AROUND THE WORLD. IN ADDITION TO FEATURED ARTICLES, THE ORGANIZATION HOSTS MEET THE LOCALS EVENTS ACROSS THE GLOBE, HIGHLIGHTS THE PASSION, EXPERTISE, AND ENGAGEMENT THE LOCALS OFFER THEIR COMMUNITY AND ORGANIZATION SPONSORSHIP RECIPIENTS AND SUPPORTERS. THE ORGANIZATION IS ACTIVELY RECRUITING ENTREPRENEURS, SMALL BUSINESSES, AND (CONT. ON SCHEDULE O) NONPROFITS TO ITS MEET THE LOCALS PROGRAM. THE ORGANIZATION DEVELOPED A SCHOLARSHIP PROGRAM IN 2024 TO HELP DEFRAY THE COSTS OF PARTICIPANTS' EDUCATIONAL AND PROFESSIONAL JOURNEYS. THESE SCHOLARSHIPS COVER A WIDE RANGE OF ACTIVITIES AND AGE GROUPS THAT ALIGN TO THE MISSION OF THE ORGANIZATION. 82187 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X BRAD TRUESDELL 9547908263 611 PENNSYLVANIA AVENUE SE PMB 205 WASHINGTON DC 20003 X LEESA TRUESDELL PRESIDENT AND SECRETARY 60.00 X X 0 0 0 BRAD TRUESDELL TREASURER 10.00 X X 0 0 0 0 0 0 0 0 0 0 0 232513 232513 232513 0 0 0 X 1041 1041 56536 56536 5542 5542 10886 10886 60364 41214 19150 2195 1327 868 20269 19999 270 6142 6142 19631 19631 1675 1675 DUES AND SUBSCRIPTIONS 1598 1350 248 RECRUITING 1555 1555 PHOTOGRAPHY AND VIDEO 538 538 187972 82187 65598 40187 0 44541 0 44541 0 0 X 44541 0 44541 0 44541 44541 0 X 0 0 0 X 232513 232513 232513 232513 20350 212163 232513 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION WAS INCORPORATED ON FEBRUARY 21, 2024. THE 2024 RETURN COVERS THE SHORT YEAR BEGINNING FEBRUARY 21, 2024 AND ENDING DECEMBER 31, 2024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION A, LINE 2 OFFICERS LEESA TRUESDELL AND BRAD TRUESDELL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 LEESA TRUESDELL IS THE SOLE INITIAL MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE INITIAL MEMBER MAY DESIGNATE ADDITIONAL MEMBERS. THE MEMBERS ELECT THE BOARD DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS MAY BE AMENDED OR REPEALED BY THE MAJORITY OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE CEO AND TREASURER. A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH COVERED PERSON ACKNOWLEDGES THAT HE OR SHE HAS READ AND IS IN COMPLIANCE WITH THE CONFLICT-OF-INTEREST POLICY AND COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE PRIOR TO TAKING OFFICE OR BEGINNING EMPLOYMENT AND ANNUALLY THEREAFTER. EACH COVERED PERSON UPDATES THE QUESTIONNAIRE AS NECESSARY TO REFLECT CHANGES DURING THE YEAR. COMPLETED QUESTIONNAIRES SHOULD BE SUBMITTED TO THE CHAIR OF THE AUDIT COMMITTEE. COVERED PERSONS ARE DEFINED AS DIRECTORS, OFFICERS, AND KEY EMPLOYEES. THE CORPORATION MAY ENTER INTO A COVERED TRANSACTION WHEN THE BOARD, OR AN AUTHORIZED BOARD COMMITTEE, DETERMINES THAT THE COVERED TRANSACTION IS FAIR AND REASONABLE AND IN THE BEST INTERESTS OF THE CORPORATION. IN MAKING ITS DETERMINATION, THE BOARD MAY CONSIDER FACTORS SUCH AS (A) MARKET DATA ON COMPARABLE TRANSACTIONS, (B) ALTERNATIVE TRANSACTIONS THAT DO NOT INVOLVE A CONFLICT, AND (C) WHETHER THE COVERED TRANSACTION MAY BE SUBJECT TO ANY FEDERAL OR STATE LAWS THAT APPLY TO SUCH TRANSACTIONS. THE BOARD, OR AN AUTHORIZED BOARD COMMITTEE, CONTEMPORANEOUSLY DOCUMENTS THE BASIS FOR ITS DETERMINATION IN THE MINUTES OF THE MEETING(S) AT WHICH THE COVERED TRANSACTION IS CONSIDERED. THE DOCUMENTATION SHOULD INCLUDE, TO THE EXTENT APPLICABLE, ANY DOCUMENTS REVIEWED, EXPERT ADVICE RECEIVED, CONSIDERATION OF ALTERNATIVES, COMPARATIVE COSTS OR BIDS, MARKET VALUE INFORMATION AND SIMILAR INFORMATION RELIED ON TO SUPPORT THE DETERMINATION, AND THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE COVERED TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI THE FUNCTIONAL EXPENSE REPORTS A SUBSTANTIAL AMOUNT OF SUPPORTING SERVICES EXPENSE IN RELATION TO PROGRAM EXPENSE. THIS IS DUE TO THE ORGANIZATION BEING IN ITS INITIAL YEAR. THEREFORE, ADDITIONAL START-UP FEES PRIMARILY ADMINISTRATIVE IN NATURE, HAVE BEEN INCURRED.