Nonprofit · EIN 02-0775259
I HAVE A DREAM FOUNDATION - NEW JERSEY INC
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $899,504 | $598,545 | $300,959 | $564,935 | $0 | $564,935 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $885,711
- of which government grants
- $590,000
- Program service revenue
- $0
- Investment income
- $13,793
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $296,422
- Salaries, compensation and benefits (total)
- $355,750
- Professional fundraising fees
- $0
- Accounting fees
- $10,800
- Program services (functional)
- $364,714
- Management and general (functional)
- $194,528
- Fundraising (functional)
- $39,303
Balance sheet and other
- Total assets, start of year
- $263,976
- Total assets, end of year
- $564,935
- Total liabilities, end of year
- $0
- Net assets, end of year
- $564,935
- Publicly traded securities
- $255,741
- Net assets without donor restrictions
- $532,371
- Net assets with donor restrictions
- $32,564
- Gross receipts
- $899,504
- Employees
- 22
- Volunteers
- 11
- Year formed
- 2006
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EUGENE THOMAS | CO-PRESIDENT Trustee or director, Officer | 2 | $0 |
| MIGUEL BRITO | CO-PRESIDENT Trustee or director, Officer | 2 | $0 |
| MIKE PERETZ | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| PETER TYNDALE | TREASURER Trustee or director | 2 | $0 |
| BETH BERNSTEIN | CO-SECRETARY Trustee or director | 2 | $0 |
| ERIKA JUNGBLUT ESQ | CO-SECRETARY Trustee or director | 2 | $0 |
| LEONARD MORTIMORE | MEMBER Trustee or director | 2 | $0 |
| MICHAEL OJO | MEMBER Trustee or director | 2 | $0 |
| DOUG EVANS | MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 8 LOMBARDY ST UNIT 347, NEWARK, NJ 07102-3210
- In care of
- % PETER TYNDALE
- Principal officer (990 for 2023)
- EUGENE THOMAS, 78 JOHN MILLER WAY, KEARNY, NJ 07032
- Signed the 990
- EUGENE THOMAS, CO-PRESIDENT
- Phone
- (201) 589-7484
- Return prepared by
- Wielkotz & Company LLC
Mission
TO MOTIVATE AND EMPOWER CHILDREN TO REACH THEIR EDUCATIONAL AND CAREER GOALS.
Program accomplishments
- DREAMERS COLLEGE PROGRAM THE COLLEGE PATH PROJECT: A PROGRESSIVE FOUR-YEAR PLAN THAT PROVIDES OUR DREAMERS WITH A ROAD-MAP TO SUCCESSFULLY COMPLETE HIGH SCHOOL AND TO MAKE WELL INFORMED DECISIONS, WHILE GAINING ACCESST O COLLEGE AND/OR AN ACCREDITED TRADE SCHOOL. 2019 SAW THE FIRST DREAMERS CLASS GRADUATE.Expenses $13,848
- 13TH AVENUE SCHOOL PROGRAM IDENTIFY AND UNDERSTAND THE NEEDS OF THE 13TH AVE STUDENTS AND THEIR FAMILIES SO THAT WE MAY CONTRIBUTE LONG-TERM SOCIAL AND ACADEMIC SUPPORT.Expenses $350,866 · grants $590,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0775259
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $564,935
- Income (IRS master file)
- $899,504
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $899,504 | $598,545 | $564,935 | XML |
| 990 | June 2022 | $281,599 | $520,036 | $354,242 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0775259).
Questions about I HAVE A DREAM FOUNDATION - NEW JERSEY INC
- What is the EIN of I HAVE A DREAM FOUNDATION - NEW JERSEY INC?
- The employer identification number (EIN) of I HAVE A DREAM FOUNDATION - NEW JERSEY INC is 02-0775259.
- Is I HAVE A DREAM FOUNDATION - NEW JERSEY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to I HAVE A DREAM FOUNDATION - NEW JERSEY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does I HAVE A DREAM FOUNDATION - NEW JERSEY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of I HAVE A DREAM FOUNDATION - NEW JERSEY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did I HAVE A DREAM FOUNDATION - NEW JERSEY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of I HAVE A DREAM FOUNDATION - NEW JERSEY INC?
- The 990 for the year ended June 30, 2024 names EUGENE THOMAS.
- Who are the officers and directors of I HAVE A DREAM FOUNDATION - NEW JERSEY INC?
- The 990 for the year ended June 30, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does I HAVE A DREAM FOUNDATION - NEW JERSEY INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $899,504, expenses of $598,545 and total assets of $564,935 at year end.
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