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Nonprofit · EIN 46-1988039

DREAM ON 3

Tax-exempt · CONCORD, NC 28027

Financials

$2.5M$2.3M2022$2.7M$3M2023$3M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of DREAM ON 3 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,047,861$3,187,170-$139,309$942,195$519,878$422,317
June 30, 2024990$2,673,228$3,017,886-$344,658$1,145,705$584,079$561,626
June 30, 2023990$2,510,038$2,284,194$225,844$1,595,423$689,139$906,284
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,614,888
Program service revenue
$0
Investment income
$74,289
Net income from fundraising events
$353,885
Other revenue
$358,684

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$818,406
Salaries, compensation and benefits (total)
$1,400,541
Professional fundraising fees
$0
Occupancy
$51,058
Travel
$481,917
Depreciation
$5,453
Program services (functional)
$2,114,176
Management and general (functional)
$416,436
Fundraising (functional)
$656,558

Balance sheet and other

Total assets, start of year
$1,145,705
Total assets, end of year
$942,195
Total liabilities, end of year
$519,878
Net assets, end of year
$422,317
Land, buildings and equipment
$6,476
Publicly traded securities
$113,269
Net assets without donor restrictions
$201,932
Net assets with donor restrictions
$220,385
Gross receipts
$3,581,078
Employees
24
Volunteers
578
Year formed
2013
State of legal domicile
NC

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
Ben AllredCEO
Officer
40$131,000$0
Elizabeth LindseyExecutive Dir.
Trustee or director
40$82,775$7,527
Meghan HuffmanChair
Trustee or director, Officer
2.5$0$0
Brandon LindseyPresident
Trustee or director, Officer
2.5$0$0
Steve OBrien MDVice President
Trustee or director, Officer
2.5$0$0
Devin HaysSecretary
Trustee or director
2.5$0$0
Dale FiteTreasurer
Trustee or director
2.5$0$0
Mihret HamdaBoard Member
Trustee or director
2.5$0$0
James RossBoard Member
Trustee or director
2.5$0$0
Julia WhitcombBoard Member
Trustee or director, Officer
2.5$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
Donna StuckerCAO40$125,000$0
Elizabeth LindseyExecutive Dir.
Trustee or director
40$81,000$8,391
Ben AllredChairman
Trustee or director, Officer
1$0$0
Steve O'BrienVice President
Trustee or director, Officer
5$0$0
Dale FiteTreasurer
Trustee or director, Officer
2$0$0
Carla BlackBoard Member
Trustee or director
1$0$0
Julia WhitcombBoard Member
Trustee or director
1$0$0
Kathi KnierBoard Member
Trustee or director
1$0$0
Dan DavisBoard Member
Trustee or director
1$0$0
Brandon LindseyPresident
Trustee or director, Officer
15$0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
BRANDON LINDSEYPRESIDENT/CEO/CO-FOUNDER
Trustee or director, Officer
15$0
STEVE O'BRIENVICE PRESIDENT
Trustee or director, Officer
5$0
DALE FITETREASURER
Trustee or director, Officer
2$0
BEN ALLREDCHAIR
Trustee or director, Officer
1$0
DAN DAVISBOARD MEMBER
Trustee or director
1$0
JULIA WHITCOMBBOARD MEMBER
Trustee or director
1$0
MICHELLE RILEYOUTGOING BOARD MEMBER
Trustee or director
1$0
CARLA BLACKBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
6012 BAYFIELD PKWY STE 106, CONCORD, NC 28027-7597
In care of
% BRANDON LINDSEY
Principal officer (990 for 2024)
Brandon Lindsey, 1523 Elizabeth Avenue 300, Charlotte, NC 28204
Signed the 990
Dale Fite, Treasurer
Phone
(704) 707-6803
Return prepared by
Foard and Company PA

Mission

To make dreams come true for children with chronic illness, development disabilities, or life-altering conditions by creating experiences of joy and magic through the world of sports.

990 for the year ended June 30, 2025

Program accomplishments

  • The Dream Experience - Program serves individuals living with chronic illnesses, intellectual or developmental disabilities or life-altering conditions. Recipients between the ages of 5 and 21 receive a fully customized, VIP experience built around their interests and their ultimate sports dream. Dream On 3 unites the healthcare, business, and sports communities to create these over-the-top experiences. To date we have served over 240 Dream Recipients and their families.
    Expenses $1,372,268 · revenue $659,733
  • Collegiate Dream Teams - Groups of student leaders that are passionate about helping others in their community work alongside Dream On 3 to plan, market, fundraise, and ultimately fulfill the Dream Experience of an individual living with a life-altering medical condition. Teams consist of 15-20 students from each college. CDT members gain a wealth of real-world career and hands-on experience such as leadership development, team building, and community engagement all while helping someone in their community. The program develops work-related skills such as marketing, branding, public relations, social media, fundraising, donor relations, non-profit management, event planning, and more. We have worked with hundreds of students that have served on 47 CDT teams across various college campuses.
    Expenses $438,270 · revenue $232,051
  • Jr. Dream Team - The Jr. Dream Team program helps student leaders plan, fundraise, and rally the school to support a fellow classmate living with a life-altering condition. Students work with faculty members and Dream On 3 staff to rally the entire high school in support of their Dream Recipient. Dream On 3 has found that when entire school and supporting community unite in the spirit of inclusion, the result is life-changing. We have worked with hundreds of students on 30 Jr Dream Teams across various high schools.
    Expenses $96,557 · revenue $84,855
  • Alumni - Our Dream Kids are like family, so our relationship with them extends well past their initial Dream Experiences. Our alumni events are opportunities to reconnect with families and for them to connect with one another much like a family reunion. The Nicholas Thornton Scholarship Fundwas created in honor of our dear friend, Nicholas Thornton. Nicholas was a kind and loving 11-year-old boy who we lost in 2014. His life and values inspired us so much, we wanted his legacy to live on through the lives of our Dream Kids.
    Expenses $87,947 · grants $39,500
  • Day Dreams - Our Day Dream program serves a larger group of children at an in-person sporting event. We partner with athletes and sports organizations to offer an exclusive, one-time opportunity. Recipients are identified through our referral partners in each chapter area.
    Expenses $83,238 · revenue $9,500
  • DreamBoxes - The DreamBox program matches community sponsors with children that are confined to their home or hospital rooms. Dream On 3 partners with childrens hospitals for referrals of patients that would benefit from an over-the-top, VIP DreamBox. The items in the box are specifically tailored to the interests of the child based on an application process completed by the family. Boxes are delivered directly to the recipients home or hospital room, bringing a much-needed smile to a young Dreamer. We have created and delivered more than 325 DreamBoxes across our communities.
    Expenses $35,896 · revenue $3,404

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
46-1988039
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
2013
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E80)
Assets (IRS master file)
$942,195
Income (IRS master file)
$3,581,078

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,047,861$3,187,170$942,195XML
990June 2024$2,673,228$3,017,886$1,145,705XML
990June 2023$2,510,038$2,284,194$1,595,423XML
990June 2022–––IRS
990June 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 46-1988039).

Questions about DREAM ON 3

What is the EIN of DREAM ON 3?
The employer identification number (EIN) of DREAM ON 3 is 46-1988039.
Is DREAM ON 3 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to DREAM ON 3 tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAM ON 3 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 ON 3 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 ON 3 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 DREAM ON 3?
The 990 for the year ended June 30, 2025 names Brandon Lindsey.
Who are the officers and directors of DREAM ON 3?
The 990 for the year ended June 30, 2025 lists 10 people; 2 received compensation from the organization, the highest $131,000 (Ben Allred, CEO).
How much revenue does DREAM ON 3 have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,047,861, expenses of $3,187,170 and total assets of $942,195 at year end.

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