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Nonprofit · EIN 81-4402678

DREAM BUILDERS 4 EQUITY

Tax-exempt · SAINT LOUIS, MO 63109

Financials

$1.3M$1.3M2023$1.2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of DREAM BUILDERS 4 EQUITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,206,460$1,359,041-$152,581$1,128,118$66,397$1,061,721
December 31, 2023990$1,265,356$1,318,424-$53,068$1,338,296$123,994$1,214,302
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$953,203
Program service revenue
$151,629
Investment income
$37,324
Net rental income
$42,905
Other revenue
$64,304

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$100,000
Other salaries and wages
$197,137
Salaries, compensation and benefits (total)
$360,149
Professional fundraising fees
$0
Legal fees
$729
Accounting fees
$44,140
Depreciation
$37,165
Program services (functional)
$880,191
Management and general (functional)
$447,674
Fundraising (functional)
$31,176

Balance sheet and other

Total assets, start of year
$1,338,296
Total assets, end of year
$1,128,118
Total liabilities, end of year
$66,397
Net assets, end of year
$1,061,721
Land, buildings and equipment
$696,748
Net assets without donor restrictions
$771,721
Net assets with donor restrictions
$290,000
Gross receipts
$1,206,460
Employees
5
Volunteers
50
Year formed
2016
State of legal domicile
MO

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
MICHAEL WOODSPresident & CEO
Trustee or director, Officer
40$100,000
ADAM LAYNEDirector
Trustee or director
1$0
JANA HAYWOODTreasurer
Trustee or director, Officer
2$0
MARK BUTLERDirector
Trustee or director
2$0
MATTHEW THURMANDirector
Trustee or director
1$0
ADRIENNE EAGLINSecretary
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Michael WoodsPresident and CEO
Trustee or director, Officer
40$97,115
Adrienne EaglinSecretary
Trustee or director, Officer
1$0
Adam LayneBoard Member
Trustee or director
2$0
Mark ButlerBoard Member
Trustee or director
1$0
Matthew ThurmanBoard Member
Trustee or director
1$0
Dr Jana HaywoodTreasurer
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
4991 THOLOZAN AVE, SAINT LOUIS, MO 63109-1736
In care of
% NEAL RICHARDSON
Principal officer (990 for 2024)
MICHAEL WOODS, 4220 DUNCAN AVENUE, ST LOUIS, MO 63110
Signed the 990
MICHAEL WOODS, President
Phone
(314) 497-5609
Return prepared by
Manosh Singh CPA & Associates

Mission

Dream Builders 4 Equity (DB4E) is working to develop economically sustainable and socially engaged communities by growing equity for youth, businesses, residents, and real estate.

990 for the year ended December 31, 2024

Program accomplishments

  • Real Estate Program- DB4E actively addresses the vacant home and building epidemic in North City by rehabilitating and reimagining previously vacant properties. This initiative expands economic opportunities for minority contractors, fosters community business growth, and establishes sustained long-term momentum and investment in Hyde Park. Currently, DB4E is revitalizing four dilapidated properties in the Hyde Park neighborhood, contributing directly to the ongoing renewal of the St. Louis community while involving youth ages 16-24 in the rehabilitation process. As part of our commitment to the community, DB4E has completed seven free home repairs for seniors in the Hyde neighborhood and undertaken four community projects. Additionally, the Dream Builders team and youth played a crucial role in restoring the Hyde Park community after a major storm, clearing numerous fallen trees and debris. The DB4E youth dedicated 352 hours to neighborhood beautification and community cleanup efforts.
    Expenses $631,248 · revenue $101,795
  • The Summer Build Academy is an eight-week program at the heart of DB4E's youth-driven community transformation. It equips participants aged 16-24 with essential tools, resources, and support, enabling them to thrive and lead in various aspects of life. Throughout the summer, participants engage in community development projects and reflect on their experiences in journals. Their writings are published in a book, with proceeds directly benefiting the youth. After completing the academy, participants are paired with mentors and have opportunities to earn money through property rehabilitation and teaching chess. They also take part in monthly events and have access to free therapy. In 2024, a total of 46 young people completed the Summer Build Academy, collectively investing 9,247 hours in transforming themselves and the Hyde Park community. Graduates from this program serve as chess coaches through our Black Squares Chess initiative, now active in six schools in partnership with Soul Fishers Ministry, where they teach chess to children from kindergarten to eighth grade. Remarkably, 96% of our program participants have achieved significant outcomes, including gainful employment, high school graduation, college enrollment, and successful college graduation, with many currently on track to graduate from high school.
    Expenses $199,601 · revenue $43,546
  • HOV House of Vision (HOV) is a vibrant community store that highlights locally made clothing, art, books, and other products created by youth and community members. As a catalyst for successful entrepreneurship, HOV removes barriers and risks, providing a safe training ground for our youth and local residents. HOV plays a crucial role in our comprehensive strategy for transforming North St. Louis City. We recognize that building a prosperous community involves more than just rehabilitating homes; it also requires essential services such as retail stores, grocery stores, childcare facilities, and more. By actively contributing to these needs, HOV encourages businesses to return to the area or establish themselves here. In addition to serving as a community store, HOV operates a print and embroidery shop for external businesses, employing our youth as staff members. This integrated model reflects our commitment to nurturing talent, fostering entrepreneurship, and promoting equity within the community. To date, House of Vision has supported 22 local entrepreneurs, providing them with a platform to showcase their products and generate revenue for their small businesses.
    Expenses $49,342 · revenue $6,288

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
81-4402678
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,128,118
Income (IRS master file)
$1,206,460

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,206,460$1,359,041$1,128,118XML
990December 2023$1,265,356$1,318,424$1,338,296XML
990December 2022$1,500,290$852,266$1,571,217IRS
990December 2021–––IRS
990December 2020–––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 81-4402678).

Questions about DREAM BUILDERS 4 EQUITY

What is the EIN of DREAM BUILDERS 4 EQUITY?
The employer identification number (EIN) of DREAM BUILDERS 4 EQUITY is 81-4402678.
Is DREAM BUILDERS 4 EQUITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to DREAM BUILDERS 4 EQUITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAM BUILDERS 4 EQUITY 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 BUILDERS 4 EQUITY 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 BUILDERS 4 EQUITY 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 DREAM BUILDERS 4 EQUITY?
The 990 for the year ended December 31, 2024 names MICHAEL WOODS.
Who are the officers and directors of DREAM BUILDERS 4 EQUITY?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $100,000 (MICHAEL WOODS, President & CEO).
How much revenue does DREAM BUILDERS 4 EQUITY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,206,460, expenses of $1,359,041 and total assets of $1,128,118 at year end.

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