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Nonprofit · EIN 81-1859394

DREAMCATCHER INITIATIVE INC

Also known as DREAMCATCHER INTIATIVE

Tax-exempt · FITCHBURG, MA 01420

Financials

$279K$256K2022$386K$407K2023$333K$292K2024
Revenue Expenses · by fiscal year end
Financials of DREAMCATCHER INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$332,636$291,583$41,053$66,702$11,979$54,723
December 31, 2023990$386,225$407,143-$20,918$24,730$11,060$13,670
December 31, 2022990$279,095$255,742$23,353$42,587$8,000$34,587
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$332,636
of which government grants
$125,968
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$68,353
Salaries, compensation and benefits (total)
$74,720
Professional fundraising fees
$0
Occupancy
$646
Travel
$6,049
Program services (functional)
$243,225
Management and general (functional)
$37,404
Fundraising (functional)
$10,954

Balance sheet and other

Total assets, start of year
$24,730
Total assets, end of year
$66,702
Total liabilities, end of year
$11,979
Net assets, end of year
$54,723
Net assets without donor restrictions
-$13,670
Net assets with donor restrictions
$68,393
Gross receipts
$332,636
Employees
0
Volunteers
0
Year formed
2016
State of legal domicile
MA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
ADRIAN MAJORPRESIDENT/CHAIR
Trustee or director, Officer
25$84,316
ALEXIS BRIMAGE-MAJORCOO, ASST DIR OF PROGRAMMI
Trustee or director
25$50,993
DASHAWNA BRIMAGESECRETARY
Trustee or director, Officer
10$0
JACQUELINE RIVERATREASURER
Trustee or director, Officer
10$0
TIMOTHY FITZGERALDBOARD MEMBER
Trustee or director
10$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ADRIAN MAJORPRESIDENT/CHAIR
Trustee or director, Officer
25$113,904
ALEXIS BRIMAGE-MAJORCOO, ASST DIR OF PROGRAMMING
Trustee or director
25$94,774
DASHAWNA BRIMAGESECRETARY
Trustee or director, Officer
10$0
JACQUELINE RIVERATREASURER
Trustee or director, Officer
10$0
JAMES EDWARDSBOARD MEMBER
Trustee or director
10$0
990 for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
ADRIAN MAJORPRESIDENT/CHAIR
Trustee or director, Officer
25$75,885
DASHAWNA BRIMAGESECRETARY
Trustee or director, Officer
10$0
JACQUELINE RIVERATREASURER
Trustee or director, Officer
10$0
JAMES EDWARDSBOARD MEMBER
Trustee or director
10$0

Address and contacts

Address (IRS master file)
37 KLONDIKE AVE, FITCHBURG, MA 01420-3615
Mailing address (990-N for 2020)
37 Klondike Ave, Fitchburg MA 01420
Principal officer (990 for 2024)
ADRIAN MAJOR, 37 KLONDIKE AVENUE, FITCHBURG, MA 01420
Principal officer (990-N for 2020)
Adrian Major, 37 Klondike Ave, Fitchburg MA 01420
Signed the 990
ADRIAN MAJOR, FOUNDER AND DIRECTOR OF PROGRAMMING
Phone
(857) 244-0342
Return prepared by
TREEFUL DAMASO ANICETO INC

Mission

TO ELIMINATE THE STATE OF BEING THAT IS HOPELESS IN UNDERSERVED YOUTH POPULATIONS BY CREATING PATHWAYS AND PROGRAMS THAT WILL HELP THEM ACHIEVE THEIR DREAMS AND REALIZE THEIR POTENTIAL.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRESS MADE IN COMMUNITY AND ECONOMIC DEVELOPMENT AND YOUTH ORGANIZING
    Expenses $243,225 · revenue $332,636

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-1859394
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$66,702
Income (IRS master file)
$332,636

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$332,636$291,583$66,702XML
990December 2023$386,225$407,143$24,730XML
990December 2022$279,095$255,742$42,587XML
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Adrian Major
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Adrian Major
December 31, 2019≤ $50,000 receipts––e-Postcard

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 81-1859394).

Questions about DREAMCATCHER INITIATIVE INC

What is the EIN of DREAMCATCHER INITIATIVE INC?
The employer identification number (EIN) of DREAMCATCHER INITIATIVE INC is 81-1859394.
Is DREAMCATCHER INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to DREAMCATCHER INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAMCATCHER INITIATIVE INC 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 DREAMCATCHER INITIATIVE INC 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 DREAMCATCHER INITIATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DREAMCATCHER INITIATIVE INC?
The 990 for the year ended December 31, 2024 names ADRIAN MAJOR.
Who are the officers and directors of DREAMCATCHER INITIATIVE INC?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $84,316 (ADRIAN MAJOR, PRESIDENT/CHAIR).
How much revenue does DREAMCATCHER INITIATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $332,636, expenses of $291,583 and total assets of $66,702 at year end.

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