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Nonprofit · EIN 46-1643964

DREAAM OPPORTUNITY CENTER

Also known as DREAAM PROJECT

Tax-exempt · CHAMPAIGN, IL 61820

Financials

$1.6M$1.2M2020$2.8M$2.8M2022$2.8M$2.5M2023$2.7M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of DREAAM OPPORTUNITY CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,676,155$2,522,386$153,769$1,535,574$236,821$1,298,753
June 30, 2024990$2,756,484$2,531,992$224,492$1,394,882$249,898$1,144,984
June 30, 2023990$2,839,171$2,757,019$82,152$1,110,948$190,456$920,492
June 30, 2021990 (amended)$1,568,844$1,244,169$324,675$1,013,471$350,553$662,918
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,657,372
of which government grants
$2,024,939
Program service revenue
$0
Investment income
$6,512
Other revenue
$12,271

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$100,000
Other salaries and wages
$1,086,699
Salaries, compensation and benefits (total)
$1,323,761
Professional fundraising fees
$0
Legal fees
$14,850
Accounting fees
$20,500
Occupancy
$94,240
Travel
$51,732
Depreciation
$4,355
Program services (functional)
$2,158,943
Management and general (functional)
$343,417
Fundraising (functional)
$20,026

Balance sheet and other

Total assets, start of year
$1,394,882
Total assets, end of year
$1,535,574
Total liabilities, end of year
$236,821
Net assets, end of year
$1,298,753
Land, buildings and equipment
$48,571
Net assets without donor restrictions
$1,281,039
Net assets with donor restrictions
$17,714
Gross receipts
$2,676,155
Employees
129
Volunteers
50
Year formed
2017
State of legal domicile
IL

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.

NameTitleHours / weekCompensationOther / benefits
TRACY DACECHIEF EXECUTIVE OFFICER
Officer
40$100,000$529
DELORIS HENRYPRESIDENT
Trustee or director, Officer
2$0$0
BRETT ANDERSONTREASURER
Trustee or director, Officer
2$0$0
LARA HEBERTSECRETARY
Trustee or director, Officer
2$0$0
ALFRED GREENDIRECTOR
Trustee or director
1$0$0
ERICA BURKSDIRECTOR
Trustee or director
1$0$0
MARGARETH ETIENNEDIRECTOR
Trustee or director
1$0$0
JOE BRADLEYDIRECTOR
Trustee or director
1$0$0
DEMENTRO POWELLDIRECTOR
Trustee or director
1$0$0
BECKY PRESTONDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
TRACY DACECHIEF EXECUTIVE OFFICER
Officer
40$109,823$4,919
DELORIS HENRYPRESIDENT
Trustee or director, Officer
2$0$0
BRETT ANDERSONTREASURER
Trustee or director, Officer
2$0$0
LARA HEBERTSECRETARY
Trustee or director, Officer
2$0$0
ALFRED GREENDIRECTOR
Trustee or director
1$0$0
AZARK COBBDIRECTOR
Trustee or director
1$0$0
MARGARETH ETIENNEDIRECTOR
Trustee or director
1$0$0
JOE BRADLEYDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
TRACY DACECHIEF EXECUTIVE OFFICER
Officer
40$107,245$7,960
WILLIAM P MATTHEWS JRPRESIDENT
Trustee or director, Officer
2$0$0
DELORIS HENRYVICE PRESIDENT
Trustee or director, Officer
2$0$0
JOE BRADLEYTREASURER
Trustee or director, Officer
2$0$0
LARA HEBERTSECRETARY
Trustee or director, Officer
2$0$0
ALFRED GREENDIRECTOR
Trustee or director
1$0$0
AZARK COBBDIRECTOR
Trustee or director
1$0$0
BRETT ANDERSONDIRECTOR
Trustee or director
1$0$0
MARGARETH ETIENNEDIRECTOR
Trustee or director
1$0$0
ROBERT KIRBYDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2021: 12 people
NameTitleHours / weekCompensation
TRACY DACECHIEF EXECUTIVE OFFICER
Officer
40$80,283
BRETT ANDERSONMEMBER
Trustee or director
2$0
JOE BRADLEYTREASURER
Trustee or director, Officer
2$0
AZARK COBBSMEMBER
Trustee or director
2$0
MARGARETH ETIENNEMEMBER
Trustee or director
2$0
REBECCA GINSBURGMEMBER
Trustee or director
2$0
LARA HEBERTMEMBER
Trustee or director, Officer
2$0
DR DELORIS HENRYVICE PRESIDENT
Trustee or director, Officer
2$0
ROBERT KIRBYSECRETARY
Trustee or director, Officer
2$0
WILLIAM MATTHEWSPRESIDENT
Trustee or director, Officer
2$0
DEMARIO TURNERMEMBER
Trustee or director
2$0
LOU TURNERMEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2009 FOX DR STE C, CHAMPAIGN, IL 61820-7375
Principal officer (990 for 2024)
TRACY DACE, 2009 FOX DRIVE C, CHAMPAIGN, IL 61820
Signed the 990
TRACY DACE, CHIEF EXECUTIVE OFFICER
Phone
(217) 373-4818
Website
DREAAM.ORG
Return prepared by
STRIEGEL KNOBLOCH & COMPANY LLC

Mission

SUPPORT BOYS AND YOUNG MEN BY PROVIDING TRANSFORMATIVE EXPERIENCES TO REDUCE THE ACHIEVEMENT AND OPPORTUNITY GAPS AMOUNG BOYS AND YOUNG MEN.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT BOYS AND YOUNG MEN BY PROVIDING TRANSFORMATIVE EXPERIENCES TO REDUCE THE ACHIEVEMENT AND OPPORTUNITY GAPS AMOUNG BOYS AND YOUNG MEN.
    Expenses $2,158,943 · revenue $12,271

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-1643964
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$1,535,574
Income (IRS master file)
$2,676,155

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,676,155$2,522,386$1,535,574XML
990June 2024$2,756,484$2,531,992$1,394,882XML
990June 2023$2,839,171$2,757,019$1,110,948XML
990June 2022$2,098,013$1,922,591$1,090,752IRS
990June 2021$1,568,844$1,244,169$1,013,471XML
990June 2020–––IRS
990June 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 46-1643964).

Questions about DREAAM OPPORTUNITY CENTER

What is the EIN of DREAAM OPPORTUNITY CENTER?
The employer identification number (EIN) of DREAAM OPPORTUNITY CENTER is 46-1643964.
Is DREAAM OPPORTUNITY CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to DREAAM OPPORTUNITY CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAAM OPPORTUNITY CENTER 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 DREAAM OPPORTUNITY CENTER 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 DREAAM OPPORTUNITY CENTER 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 DREAAM OPPORTUNITY CENTER?
The 990 for the year ended June 30, 2025 names TRACY DACE.
Who are the officers and directors of DREAAM OPPORTUNITY CENTER?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $100,000 (TRACY DACE, CHIEF EXECUTIVE OFFICER).
How much revenue does DREAAM OPPORTUNITY CENTER have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,676,155, expenses of $2,522,386 and total assets of $1,535,574 at year end.

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