Nonprofit · EIN 56-1791366
DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $765,438 | $886,160 | -$120,722 | $87,474 | $246,867 | -$159,393 |
| June 30, 2023 | 990 | $1,178,780 | $1,196,665 | -$17,885 | $194,876 | $233,547 | -$38,671 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $765,438
- of which government grants
- $728,870
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $26,250
- Other salaries and wages
- $524,916
- Salaries, compensation and benefits (total)
- $640,348
- Professional fundraising fees
- $5,460
- Accounting fees
- $77,225
- Travel
- $1,753
- Program services (functional)
- $789,113
- Management and general (functional)
- $91,587
- Fundraising (functional)
- $5,460
Balance sheet and other
- Total assets, start of year
- $194,876
- Total assets, end of year
- $87,474
- Total liabilities, end of year
- $246,867
- Net assets, end of year
- -$159,393
- Land, buildings and equipment
- $2,058
- Net assets without donor restrictions
- -$159,393
- Gross receipts
- $765,438
- Employees
- 68
- Year formed
- 1992
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Han Grohs | Board Member Trustee or director | 1 | $0 |
| Ana Phakin | Board Member Trustee or director | 1 | $0 |
| Clara Muschkin | Board Member Trustee or director | 1 | $0 |
| Julie Edmunds | Board Member Trustee or director | 1 | $0 |
| Dietrich Danner | Vice Chair Trustee or director, Officer | 1 | $0 |
| Helen Ladd | Board Chair Trustee or director, Officer | 1 | $0 |
| Melissa Ekanem | Board Chair Trustee or director, Officer | 1 | $0 |
| Dianne Pledger | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Han Grohs | Board Member Trustee or director | 1 | $0 |
| Ana Phakin | Board Member Trustee or director | 1 | $0 |
| Julie Edmunds | Board Member Trustee or director | 1 | $0 |
| Clara Muschkin | Board Member Trustee or director | 1 | $0 |
| Shawn Cockerham | Board Member Trustee or director | 1 | $0 |
| Dietrich Danner | Vice Chair Trustee or director, Officer | 1 | $0 |
| Helen Ladd | Board Chair Trustee or director, Officer | 1 | $0 |
| Melissa Ekanem | Board Chair Trustee or director, Officer | 1 | $0 |
| Dianne Pledger | Treasurer Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8608 BOURNEMOUTH DR, RALEIGH, NC 27615-2008
- In care of
- % MELISSA EKANEM
- Signed the 990
- Melissa Ekanem, Board Chair
- Return prepared by
- JS Accounting Inc
Mission
To improve outcomes for students in the Durham community by providing programs focused on academic success, social-emotional well being, and leadership.
Program accomplishments
- To improve outcomes for students in the Durham community by providing programs focused on academic success, social-emotional well being, and leadership.Expenses $789,113
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 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1791366
- 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
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $87,474
- Income (IRS master file)
- $765,438
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $765,438 | $886,160 | $87,474 | XML |
| 990 | June 2023 | $1,178,780 | $1,196,665 | $194,876 | XML |
| 990 | June 2022 | $952,943 | $821,146 | $162,060 | 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 56-1791366).
Questions about DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION
- What is the EIN of DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION?
- The employer identification number (EIN) of DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION is 56-1791366.
- Is DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION 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 DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION 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 DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who are the officers and directors of DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION?
- The 990 for the year ended June 30, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does DURHAM DREAMS YOUTH MENTORSHIP FOUNDATION have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $765,438, expenses of $886,160 and total assets of $87,474 at year end.
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