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Nonprofit · EIN 33-1162803

AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED

Tax-exempt · NEW YORK, NY 10128

Financials

$388K$436K2023$395K$414K2024$394K$417K2025
Revenue Expenses · by fiscal year end
Financials of AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$393,534$417,016-$23,482$109,247$4,334$104,913
December 31, 2024990$394,964$413,833-$18,869$131,117$2,722$128,395
December 31, 2023990$388,212$436,417-$48,205$148,659$1,395$147,264
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$393,534
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$316,092
Other salaries and wages
$48,000
Salaries, compensation and benefits (total)
$51,941
Professional fundraising fees
$0
Accounting fees
$20,701
Travel
$3,780
Program services (functional)
$329,298
Management and general (functional)
$67,467
Fundraising (functional)
$20,251

Balance sheet and other

Total assets, start of year
$131,117
Total assets, end of year
$109,247
Total liabilities, end of year
$4,334
Net assets, end of year
$104,913
Net assets without donor restrictions
$94,913
Net assets with donor restrictions
$10,000
Gross receipts
$408,738
Employees
1
Volunteers
20
Year formed
2007
State of legal domicile
IN

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Lydia SpinelliPresident
Trustee or director, Officer
10$0
Gracey StoddardVice President
Trustee or director, Officer
20$0
Heidi R LeiserVice President
Trustee or director, Officer
10$0
Daryl DavisActing Corporate Secretary & General Counsel
Trustee or director, Officer
2$0
Richard RippeTreasurer
Trustee or director, Officer
2$0
Reverend Thomas SmithCorporate Secretary
Trustee or director
2$0
Blanche MansfieldDirector
Trustee or director
2$0
Christine GarrisonDirector
Trustee or director
2$0
Inzata FofanaDirector
Trustee or director
2$0
Jennifer CoyleDirector
Trustee or director
2$0
Kathryn SmerlingDirector
Trustee or director
2$0
William HardieDirector
Trustee or director
2$0
Robert McCrieDirector
Trustee or director
2$0
Kristin AllenDirector
Trustee or director
2$0
Lise EvansDirector
Trustee or director
2$0
5 more people on this return
NameTitleHours / weekCompensation
Alison KenworthyDirector
Trustee or director
2$0
Miranda OrbachDirector
Trustee or director
2$0
Sophia PedrazziDirector
Trustee or director
2$0
Kurt W RoeloffsChairman Emeritus
Trustee or director, Officer
2$0
Reverend Samuel R EndersFounder and Executive Director
Officer
40$0
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensation
Lydia SpinelliPresident
Trustee or director, Officer
10$0
Gracey StoddardVice President
Trustee or director, Officer
20$0
Heidi R LeiserVice President
Trustee or director, Officer
10$0
Daryl DavisSecretary
Trustee or director, Officer
2$0
Richard RippeTreasurer
Trustee or director, Officer
2$0
Blanche MansfieldDirector
Trustee or director
2$0
Christine GarrisonDirector
Trustee or director
2$0
Inzata FofanaDirector
Trustee or director
2$0
Jennifer CoyleDirector
Trustee or director
2$0
Kathryn SmerlingDirector
Trustee or director
2$0
Sam SeraphimDirector
Trustee or director
2$0
William HardieDirector
Trustee or director
2$0
Robert McCrieDirector
Trustee or director
2$0
Lise EvansDirector
Trustee or director
2$0
Kurt W RoeloffsChairman Emeritus
Trustee or director, Officer
2$0
Reverend Thomas SmithCorporate Secretary
Trustee or director, Officer
2$0
Reverend Samuel R EndersFounder and Executive Director
Officer
40$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
LYDIA SPINELLIPRESIDENT
Trustee or director, Officer
10$0
GRACEY STODDARDVICE PRESIDENT
Trustee or director, Officer
20$0
HEIDI R LEISERVICE PRESIDENT
Trustee or director, Officer
10$0
DARYL DAVISSECRETARY
Trustee or director, Officer
2$0
RICHARD D RIPPETREASURER
Trustee or director, Officer
2$0
BLANCHE G MANSFIELDDIRECTOR
Trustee or director
2$0
CHRISTINE GARRISONDIRECTOR
Trustee or director
2$0
INZATA FOFANADIRECTOR
Trustee or director
2$0
JACQUELINE L CURIELDIRECTOR
Trustee or director
2$0
JENNIFER COYLEDIRECTOR
Trustee or director
2$0
KATHRYN SMERLINGDIRECTOR
Trustee or director
2$0
NATASHA BERGREENDIRECTOR
Trustee or director
2$0
OLIVER T MOSESDIRECTOR
Trustee or director
5$0
ROBERT MCCRIEDIRECTOR
Trustee or director
2$0
SAM SERAPHIMDIRECTOR
Trustee or director
2$0
WILLIAM HARDIEDIRECTOR
Trustee or director
2$0
REV SAMUEL R ENDERSFOUNDER & EXECUTIVE DIRECTOR
Officer
40$0

Address and contacts

Address (IRS master file)
1617 3RD AVE UNIT 286102, NEW YORK, NY 10128-9403
In care of
% SAMUEL ENDERS
Principal officer (990 for 2025)
Lydia Spinelli, 1617 Third Avenue 286102, New York, NY 10128
Signed the 990
Lydia Spinelli, President
Phone
(888) 865-5217
Return prepared by
Robert Terry CPA

Mission

To provide support for a school that educates, trains, and provides counseling and guidance to underprivileged children located in Liberia, West Africa.

990 for the year ended December 31, 2025

Program accomplishments

  • Providing on-going support to African Dream Academy of Liberia which owns and operates a school in Liberia, West Africa whose goal is to reduce poverty and foster sustainable development by empowering African children through education.
    Expenses $329,298 · grants $316,092

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
33-1162803
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
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$131,117
Income (IRS master file)
$404,123

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$393,534$417,016$109,247XML
990December 2024$394,964$413,833$131,117IRS
990December 2023$388,212$436,417$148,659XML
990December 2022$360,798$499,547$197,940IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 33-1162803).

Questions about AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED

What is the EIN of AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED?
The employer identification number (EIN) of AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED is 33-1162803.
Is AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFRICAN DREAM ACADEMY FOUNDATION 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 AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED?
The 990 for the year ended December 31, 2025 names Lydia Spinelli.
Who are the officers and directors of AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED?
The 990 for the year ended December 31, 2025 lists 20 people; 0 received compensation from the organization.
How much revenue does AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED have?
On its 990 for the year ended December 31, 2025 it reported revenue of $393,534, expenses of $417,016 and total assets of $109,247 at year end.

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