Nonprofit · EIN 27-4062747
DREAM IT BE IT INCORPORATED
Tax-exempt · FORTUNA, CA 95540
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $368,988 | $383,791 | -$14,803 | $2,818,704 | $2,369,791 | $448,913 |
| June 30, 2024 | 990 | $440,760 | $473,301 | -$32,541 | $2,854,872 | $2,391,156 | $463,716 |
| June 30, 2023 | 990 | $303,449 | $308,792 | -$5,343 | $2,930,427 | $2,434,170 | $496,257 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $278,804
- Investment income
- $0
- Net income from fundraising events
- $90,184
- Other revenue
- $90,184
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $130,847
- Salaries, compensation and benefits (total)
- $142,985
- Professional fundraising fees
- $0
- Program services (functional)
- $381,269
- Management and general (functional)
- $2,522
Balance sheet and other
- Total assets, start of year
- $2,854,872
- Total assets, end of year
- $2,818,704
- Total liabilities, end of year
- $2,369,791
- Net assets, end of year
- $448,913
- Land, buildings and equipment
- $2,629,779
- Gross receipts
- $377,462
- Employees
- 3
- Year formed
- 2010
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 |
|---|---|---|---|
| KYLE SHAMP | Vice President Trustee or director, Officer | 1 | $0 |
| SARAH WILLIAMS | Secretary Trustee or director, Officer | 1 | $0 |
| SARAH LOURENZO | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| SIANA EMMONS | BOARD MEMBER Trustee or director | 0 | $0 |
| EMILY HOBELMANN | President Trustee or director | 0 | $0 |
| RYAN RICHARDSON | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| GNESA kIRCHMAN | Treasurer Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH POUST | President Trustee or director, Officer | 1 | $0 |
| DIANE GARRISON | Secretary Trustee or director, Officer | 1 | $0 |
| JASON WOODWARD | Vice President Trustee or director, Officer | 1 | $0 |
| CHRISTINE BARBEE | BOARD MEMBER Trustee or director | 0 | $0 |
| EMILY HOBELMANN | BOARD MEMBER Trustee or director | 0 | $0 |
| PATRICIA SORCI | Treasurer Trustee or director, Officer | 1 | $0 |
| GNESA kIRCHMAN | BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH POUST | Treasurer Trustee or director, Officer | 1 | $0 |
| DIANE GARRISON | Secretary Trustee or director, Officer | 1 | $0 |
| JASON WOODWARD | BOARD MEMBER Trustee or director | 0 | $0 |
| CHRISTINE BARBEE | BOARD MEMBER Trustee or director | 0 | $0 |
| EMILY HOBELMANN | BOARD MEMBER Trustee or director | 0 | $0 |
| PATRICIA SORCI | Vice President Trustee or director, Officer | 1 | $0 |
| RACHEAL HENRY | President Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1480 ROSS HILL RD, FORTUNA, CA 95540-3433
- Signed the 990
- EMILY HOBELMANN, President
- Phone
- (707) 682-6149
- Return prepared by
- Demello McAuley McReynolds & Holland LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 27-4062747 or by the name DREAM IT BE IT INCORPORATED.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SUPPORT AND OPERATE REDWOOD PREPARATORY CHARTER SCHOOL FOR GRADES K THROUGH 8TH.
Program accomplishments
- PROVIDE SUPPORT FOR REDWOOD PREPARATORY CHARTER SCHOOL.Expenses $199,911
- PROVIDE PREMISES FOR REDWOOD PREPARATORY CHARTER SCHOOL.Expenses $181,358
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
- 27-4062747
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $2,818,704
- Income (IRS master file)
- $377,462
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $368,988 | $383,791 | $2,818,704 | XML |
| 990 | June 2024 | $440,760 | $473,301 | $2,854,872 | XML |
| 990 | June 2023 | $303,449 | $308,792 | $2,930,427 | XML |
| 990 | June 2022 | $211,355 | $268,159 | $2,975,666 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 27-4062747).
Questions about DREAM IT BE IT INCORPORATED
- What is the EIN of DREAM IT BE IT INCORPORATED?
- The employer identification number (EIN) of DREAM IT BE IT INCORPORATED is 27-4062747.
- Is DREAM IT BE IT INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to DREAM IT BE IT INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAM IT BE IT INCORPORATED 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 DREAM IT BE IT INCORPORATED 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 DREAM IT BE IT INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of DREAM IT BE IT INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does DREAM IT BE IT INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $368,988, expenses of $383,791 and total assets of $2,818,704 at year end.
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