Nonprofit · EIN 20-2378425
SEVEN DREAMS FOUNDATION
Also known as EMILY WALLACE-JACKSON
Tax-exempt · MINNEAPOLIS, MN 55441
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $94,983 | $111,309 | -$16,326 | $251,851 | $175,098 | $76,753 |
| June 30, 2024 | 990 | $82,600 | $96,680 | -$14,080 | $269,972 | $176,893 | $93,079 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $41,122
- Program service revenue
- $0
- Investment income
- $5,389
- Net income from fundraising events
- $48,472
- Other revenue
- $48,472
Expenses
- Grants and similar amounts paid
- $49,673
- Other salaries and wages
- $27,297
- Salaries, compensation and benefits (total)
- $29,494
- Professional fundraising fees
- $0
- Legal fees
- $5,653
- Accounting fees
- $4,408
- Program services (functional)
- $111,309
Balance sheet and other
- Total assets, start of year
- $269,972
- Total assets, end of year
- $251,851
- Total liabilities, end of year
- $175,098
- Net assets, end of year
- $76,753
- Net assets without donor restrictions
- $76,753
- Gross receipts
- $142,437
- Employees
- 2
- Volunteers
- 25
- Year formed
- 2005
- State of legal domicile
- MN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM TORMOEN | EXEC DRCTR-P Trustee or director | 20 | $27,297 |
| GAIL DIANE DICKMEYER | BOARD MEMBER Trustee or director | 7 | $0 |
| RICHARD GENTNER | CHAIR Trustee or director | 10 | $0 |
| TERRY SWANSON | TREASURER Trustee or director | 0.5 | $0 |
| SARI HARTZHEIM | BOARD MEMBER Trustee or director | 1.5 | $0 |
| HELEN BASSETT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOLENE MOORE | SECRETARY Trustee or director | 1.5 | $0 |
| ANDREW BURNS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DAVE KISER | BOARD MEMBER Trustee or director | 1 | $0 |
| ANTHONY WILLIAMS | SCH DIST ADM Trustee or director | 0.5 | $0 |
| JULIE RITZ-SCHAIFER | BOARD MEMBER Trustee or director | 0.75 | $0 |
| KERWIN BELL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JENNIFER ELLISON | BOARD MEMBER Trustee or director | 0.75 | $0 |
| MIKE ENGWALL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SHIRRIE JACKSON | BOARD MEMBER Trustee or director | 0.5 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEENA SINGH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JENNIFER WEINAND | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM TORMOEN | EXEC DRCTR-P Trustee or director | 20 | $22,748 |
| EMILY WALLACE-JACKSON | EXEC DRCTR-P Trustee or director | 20 | $1,731 |
| GAIL DIANE DICKMEYER | BOARD MEMBER Trustee or director | 10 | $0 |
| RICHARD GENTNER | CHAIR Trustee or director | 10 | $0 |
| TERRY SWANSON | TREASURER Trustee or director | 0.5 | $0 |
| SARI HARTZHEIM | BOARD MEMBER Trustee or director | 1.5 | $0 |
| HELEN BASSETT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOLENE MOORE | SECRETARY Trustee or director | 1.5 | $0 |
| ANDREW BURNS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DAVE KISER | BOARD MEMBER Trustee or director | 1 | $0 |
| ANTHONY WILLIAMS | SCH DIST ADM Trustee or director | 0.5 | $0 |
| JULIE RITZ-SCHAIFER | BOARD MEMBER Trustee or director | 0.75 | $0 |
| KERWIN BELL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JENNIFER ELLISON | BOARD MEMBER Trustee or director | 0.75 | $0 |
| MIKE ENGWALL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SHIRRIE JACKSON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| HEENA SINGH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RUTH SOLOM | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JENNIFER WEINAND | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 41782, MINNEAPOLIS, MN 55441-0782
- In care of
- % GAIL DIANE DICKMEYER
- Principal officer (990 for 2024)
- RICHARD GENTNER, PO BOX 41782, PLYMOUTH, MN 55442
- Signed the 990
- RICHARD GENTNER, CHAIR
- Phone
- (763) 504-4088
- Website
- WWW.SEVENDREAMS.ORG
- Return prepared by
- MYSLAJEK KEMP & SPENCER LTD
Mission
WE INSPIRE AND FULFILL INNOVATIVE LEARNING OPPORTUNITIES IN THE ROBBINSDALE AREA SCHOOLS THROUGH COMMUNITY ENGAGEMENT AND FUNDRAISING.
Program accomplishments
- 1. HANDS-ON LEARNING GRANTS: EVERY SPRING WE AWARD AT LEAST 10,000 IN SMALL GRANTS (UP TO 2,500 EACH) TO RAS STAFF WHO APPLY FOR A HANDS-ON LEARNING GRANT. THE FUNDING FOR THESE GRANTS COMES PRIMARILY FROM THE STAFF CHARITABLE GIVING CAMPAIGN IN THE FALL. OUR GENEROUS STAFF MAKE A DONATION TO SEVEN DREAMS FROM THEIR PAYCHECKS THROUGHOUT THE YEAR, OR THROUGH A ONE-TIME DONATION. THEIR GENEROSITY COMES FULL CIRCLE SINCE ALL OF THIS MONEY IS USED TO FUND STAFF GRANTS FOR PROJECTS IN THEIR SCHOOLS. 2. SUPPORT DISTRICT-WIDE INITIATIVES: EVERY YEAR, THE SEVEN DREAMS EDUCATION FOUNDATION WORKS COLLABORATIVELY WITH ROBBINSDALE AREA SCHOOLS' DISTRICT ADMINISTRATORS TO CREATE A LARGE DISTRICT-WIDE INITIATIVE THAT WILL IMPACT MANY STUDENTS. THE FOUNDATION CHOOSES ONE INITIATIVE TO FUND THROUGH PROCEEDS FROM THE BIRD BASH GALA EVENT. INITIATIVES HAVE INCLUDED RAISING STUDENT VOICE IN SONG AND ON STAGE BY PROVIDING THE FUNDS FOR THE STUDENTS TO WORK WITH AN ARTIST IN RESIDENCE TO CREATE A MUSICAL PIECE, THEATER BOXES AND MIRRORS FOR PRACTICE, AND FIELD TRIPS TO LIVE THEATER AND MUSICAL PERFORMANCES, AND ADDITIONAL FUNDS FOR HANDS-ON LEARNING GRANTS.Expenses $111,309 · grants $49,673
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 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2378425
- 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 (B122)
- Assets (IRS master file)
- $251,851
- Income (IRS master file)
- $142,437
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $94,983 | $111,309 | $251,851 | XML |
| 990 | June 2024 | $82,600 | $96,680 | $269,972 | XML |
| 990 | June 2023 | $167,164 | $172,396 | $302,622 | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | 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 20-2378425).
Questions about SEVEN DREAMS FOUNDATION
- What is the EIN of SEVEN DREAMS FOUNDATION?
- The employer identification number (EIN) of SEVEN DREAMS FOUNDATION is 20-2378425.
- Is SEVEN DREAMS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to SEVEN DREAMS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEVEN DREAMS FOUNDATION 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 SEVEN DREAMS FOUNDATION 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 SEVEN DREAMS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SEVEN DREAMS FOUNDATION?
- The 990 for the year ended June 30, 2025 names RICHARD GENTNER.
- Who are the officers and directors of SEVEN DREAMS FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $27,297 (TIM TORMOEN, EXEC DRCTR-P).
- How much revenue does SEVEN DREAMS FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $94,983, expenses of $111,309 and total assets of $251,851 at year end.
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