Nonprofit · EIN 85-0360858
CATCHING THE DREAM
Tax-exempt · ALBUQUERQUE, NM 87110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $372,940 | $390,010 | -$17,070 | $2,391,733 | $4,855 | $2,386,878 |
| June 30, 2024 | 990 | $625,579 | $382,310 | $243,269 | $2,284,776 | $6,519 | $2,278,257 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $295,704
- Program service revenue
- $0
- Investment income
- $77,236
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $145,095
- Other salaries and wages
- $118,798
- Salaries, compensation and benefits (total)
- $145,921
- Professional fundraising fees
- $0
- Accounting fees
- $9,957
- Occupancy
- $28,833
- Travel
- $873
- Depreciation
- $245
- Program services (functional)
- $243,060
- Management and general (functional)
- $97,965
- Fundraising (functional)
- $48,985
Balance sheet and other
- Total assets, start of year
- $2,284,776
- Total assets, end of year
- $2,391,733
- Total liabilities, end of year
- $4,855
- Net assets, end of year
- $2,386,878
- Land, buildings and equipment
- $529
- Publicly traded securities
- $2,276,987
- Net assets without donor restrictions
- $1,835,560
- Net assets with donor restrictions
- $551,318
- Gross receipts
- $372,940
- Employees
- 2
- Year formed
- 1986
- State of legal domicile
- NM
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Lujan | President Trustee or director, Officer | 1 | $0 |
| Jodie Palmer | Secretary Trustee or director, Officer | 1 | $0 |
| Cynthia Chavers | Board Member Trustee or director | 1 | $0 |
| John Tohtsoni Jr | Treasurer Trustee or director, Officer | 1 | $0 |
| Lester Sandoval | Vice President Trustee or director, Officer | 1 | $0 |
| Lynne Okon Scholnick | Board Member Trustee or director | 1 | $0 |
| Ed Harris | Regent Trustee or director | 0 | $0 |
| Lindsay Wagner | Regent Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ed Harris | Regent Trustee or director | 0 | $0 |
| Lynne Okon Scholnick | Board Member Trustee or director | 1 | $0 |
| Cynthia Chavers | Board Member Trustee or director | 1 | $0 |
| Kelvin Sampson | Regent Trustee or director | 0 | $0 |
| Lindsay Wagner | Regent Trustee or director | 0 | $0 |
| Jodie Palmer | Secretary Trustee or director, Officer | 1 | $0 |
| James Lujan | President Trustee or director, Officer | 1 | $0 |
| Lester Sandoval | Vice President Trustee or director, Officer | 1 | $0 |
| John Tohtsoni Jr | Treasurer Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8200 MOUNTAIN RD NE, ALBUQUERQUE, NM 87110-7843
- In care of
- % JOY NOLL
- Principal officer (990 for 2024)
- James Lujan, 8200 Mountain Road Suite 103, Albuquerque, NM 87110
- Signed the 990
- JOY NOLL, Interim Director
- Phone
- (505) 262-2351
- Return prepared by
- Gary E Hellmer CPA
Mission
Scholarship awards were made to high potential Native American Students for college study. Priorities are math, engineering, science, business, education and computers.
Program accomplishments
- Scholarship awards were made to high potential Native American Students for college study. Priorities are math, engineering, science, business, education and computers.Expenses $243,060 · grants $145,095 · revenue $377,455
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 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0360858
- 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
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $2,391,733
- Income (IRS master file)
- $372,940
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $372,940 | $390,010 | $2,391,733 | XML |
| 990 | June 2024 | $625,579 | $382,310 | $2,284,776 | XML |
| 990 | June 2022 | $409,013 | $408,703 | $1,784,791 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 85-0360858).
Questions about CATCHING THE DREAM
- What is the EIN of CATCHING THE DREAM?
- The employer identification number (EIN) of CATCHING THE DREAM is 85-0360858.
- Is CATCHING THE DREAM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to CATCHING THE DREAM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CATCHING THE DREAM 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 CATCHING THE DREAM 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 CATCHING THE DREAM 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 CATCHING THE DREAM?
- The 990 for the year ended June 30, 2025 names James Lujan.
- Who are the officers and directors of CATCHING THE DREAM?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does CATCHING THE DREAM have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $372,940, expenses of $390,010 and total assets of $2,391,733 at year end.
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