Nonprofit · EIN 46-0699437
DREAM BLUE FOUNDATION
Tax-exempt · PLANO, TX 75024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $533,665 | $824,518 | -$290,853 | $599,682 | $0 | $599,682 |
| December 31, 2023 | 990-PF | $474,600 | $626,123 | -$151,523 | $890,535 | $0 | $890,535 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $533,665
Expenses
- Grants and similar amounts paid
- $824,318
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $824,518
Balance sheet and other
- Total assets, start of year
- $890,535
- Total assets, end of year
- $599,682
- Total liabilities, end of year
- $0
- Net assets, end of year
- $599,682
- Fair market value of assets
- $599,682
- Qualifying distributions
- $824,518
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANG HUN LEE 801 E CAMPBELL RD STE 230, RICHARDSON, TX 75081 | DIRECTOR | 0.1 | $0 |
| SEUNGAH SARAH LEE 801 E CAMPBELL RD STE 230, RICHARDSON, TX 75081 | DIRECTOR | 0.1 | $0 |
| SEUNGEUN SUSAN LEE 801 E CAMPBELL RD STE 230, RICHARDSON, TX 75081 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANG HUN LEE 801 E CAMPBELL RD STE 230, RICHARDSON, TX 75081 | DIRECTOR | 0.1 | $0 |
| SEUNGAH SARAH LEE 801 E CAMPBELL RD STE 230, RICHARDSON, TX 75081 | DIRECTOR | 0.1 | $0 |
| SEUNGEUN SUSAN LEE 801 E CAMPBELL RD STE 230, RICHARDSON, TX 75081 | DIRECTOR | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 8580 BELLEVIEW DR STE 230, PLANO, TX 75024-1001
- In care of
- % SANG HUN LEE
- Signed the 990-PF
- SANG HUN LEE, DIRECTOR
- Phone
- (972) 992-0030
- Return prepared by
- THE MB GROUP LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 46-0699437
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $599,682
- Income (IRS master file)
- $533,665
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $533,665 | $824,518 | $599,682 | IRS |
| 990-PF | December 2023 | $474,600 | $626,123 | $890,535 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 46-0699437).
Questions about DREAM BLUE FOUNDATION
- What is the EIN of DREAM BLUE FOUNDATION?
- The employer identification number (EIN) of DREAM BLUE FOUNDATION is 46-0699437.
- Is DREAM BLUE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to DREAM BLUE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DREAM BLUE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DREAM BLUE FOUNDATION 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 DREAM BLUE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of DREAM BLUE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does DREAM BLUE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $533,665, expenses of $824,518 and total assets of $599,682 at year end.
Other nonprofits in PLANO
- NTFB - PEROT FAMILY CAMPUS EIN 82-1959635 · last filed 990 for 2025
- LU FAMILY FOUNDATION EIN 75-2953588 · last filed 990-PF for 2024
- HORIZON FOUNDATION EIN 75-2947962 · last filed 990-PF for 2024
- ORPHANS IN NEED USA INC EIN 86-1513003 · last filed 990 for 2024
- FISHER GLOBAL FOUNDATION EIN 99-1958855 · last filed 990-PF for 2024
- S-G OWNERS ASSOCIATION INC EIN 76-0597825 · last filed 990 for 2024
- HOPE CENTER FOUNDATION EIN 26-1590757 · last filed 990-PF for 2025
- WESTERMAN FOUNDATION EIN 75-2897679 · last filed 990-PF for 2024
All nonprofits in PLANO · Texas · Philanthropy, voluntarism and grantmaking foundations