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Nonprofit · EIN 26-4810540

DREAMS FOUNDATION OF ACADIANA

Tax-exempt · LAFAYETTE, LA 70508

Financials

$236K$258K2023$297K$268K2024
Revenue Expenses · by fiscal year end
Financials of DREAMS FOUNDATION OF ACADIANA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$296,824$267,742$29,082$317,735$40,682$277,053
December 31, 2023990$236,484$257,863-$21,379$292,000$44,029$247,971
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$230,315
Program service revenue
$66,509
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$5,691
Depreciation
$9,805
Program services (functional)
$127,449
Management and general (functional)
$42,730
Fundraising (functional)
$97,563

Balance sheet and other

Total assets, start of year
$292,000
Total assets, end of year
$317,735
Total liabilities, end of year
$40,682
Net assets, end of year
$277,053
Land, buildings and equipment
$53,118
Net assets without donor restrictions
$277,053
Gross receipts
$296,824
Employees
0
Volunteers
30
Year formed
2007
State of legal domicile
LA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
NONENONE–$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
NONENONE–$0

Address and contacts

Address (IRS master file)
125 LONDONDERRY SQ, LAFAYETTE, LA 70508-6443
Mailing address (990-N for 2014)
125 LONDONDERRY SQ, LAFAYETTE LA 70508
Principal officer (990 for 2024)
Kathy Boudreaux, 410 ALTHEA DRIVE, DUSON, LA 70529
Principal officer (990-N for 2014)
DONIELLE, 125 LONDONDERRY SQ, LAFAYETTE LA 70508
Signed the 990
Kathy Boudreaux, Board Member-Sec/Treas
Phone
(337) 267-9199
Return prepared by
DONIELLE WATKINS CPA

Mission

PROVIDE ACTIVITIES, SPORTS AND JOB TRAINING FOR INDIVIDUALS WITH UNIQUE SPECIAL NEEDS

990 for the year ended December 31, 2024

Program accomplishments

  • Provide activities, sports and resources to indiviuals with special needs
    Expenses $13,925 · revenue $22,032
  • Provide jobs to individuals with special needs at the DREAMS Manufacturing company by manufacturing meat pies from scratch
    Expenses $113,524 · revenue $44,409

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-4810540
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
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E50)
Assets (IRS master file)
$317,735
Income (IRS master file)
$296,824

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$296,824$267,742$317,735XML
990December 2023$236,484$257,863$292,000XML
990December 2022$193,761$198,400$315,774IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2014
Officer: DONIELLE
December 31, 2014≤ $50,000 receipts––e-Postcard

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 26-4810540).

Questions about DREAMS FOUNDATION OF ACADIANA

What is the EIN of DREAMS FOUNDATION OF ACADIANA?
The employer identification number (EIN) of DREAMS FOUNDATION OF ACADIANA is 26-4810540.
Is DREAMS FOUNDATION OF ACADIANA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to DREAMS FOUNDATION OF ACADIANA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAMS FOUNDATION OF ACADIANA 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 DREAMS FOUNDATION OF ACADIANA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DREAMS FOUNDATION OF ACADIANA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DREAMS FOUNDATION OF ACADIANA?
The 990 for the year ended December 31, 2024 names Kathy Boudreaux.
Who are the officers and directors of DREAMS FOUNDATION OF ACADIANA?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does DREAMS FOUNDATION OF ACADIANA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $296,824, expenses of $267,742 and total assets of $317,735 at year end.

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