Nonprofit · EIN 85-3722205
DIME
Tax-exempt · MATTHEWS, NC 28104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $341,720 | $385,957 | -$44,237 | $234,453 | $0 | $234,453 |
| December 31, 2024 | 990 | $352,831 | $321,162 | $31,669 | $289,797 | $11,107 | $278,690 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $332,469
- Program service revenue
- $0
- Investment income
- $6,466
- Other revenue
- $2,785
Expenses
- Grants and similar amounts paid
- $68,541
- Compensation of officers, directors and key employees
- $24,000
- Other salaries and wages
- $82,830
- Salaries, compensation and benefits (total)
- $113,610
- Professional fundraising fees
- $0
- Accounting fees
- $350
- Travel
- $5,380
- Program services (functional)
- $278,632
- Management and general (functional)
- $107,325
Balance sheet and other
- Total assets, start of year
- $289,797
- Total assets, end of year
- $234,453
- Total liabilities, end of year
- $0
- Net assets, end of year
- $234,453
- Land, buildings and equipment
- $1,870
- Net assets without donor restrictions
- $234,453
- Gross receipts
- $341,720
- Employees
- 2
- Year formed
- 2020
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dion Woods | Executive Director Trustee or director | 25 | $24,000 |
| Micahel Verano | Director Trustee or director | 1 | $0 |
| Sonya Rorie | Director Trustee or director | 10 | $0 |
| Ryan Mytrick | Board member Trustee or director | 1 | $0 |
| John Richter | Director Trustee or director | 3 | $0 |
| Emily Phillips | Board Member Trustee or director | 1 | $0 |
| Nimisha Srivastava | Board member Trustee or director | 1 | $0 |
| Josean Fernandez | Board member Trustee or director | 1 | $0 |
| Nafis Smith | Board Member Trustee or director | 1 | $0 |
| Mary Morris | Board member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Josean Hernandez | Director Trustee or director | 1 | $0 |
| Michael Verano | Director Trustee or director | 1 | $0 |
| Sonya Rorie | Director Trustee or director | 10 | $0 |
| Dion Woods | Executive Director Trustee or director, Officer | 15 | $0 |
| Nimisha Srivastava | Director Trustee or director | 1 | $0 |
| Milena Humplik | Director Trustee or director | 1 | $0 |
| John Richter | Director Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 13663 PROVIDENCE RD, MATTHEWS, NC 28104-9373
- In care of
- % DION WOODS
- Mailing address (990-N for 2021)
- 13663 Providence Road, Charlotte NC 28104
- Principal officer (990 for 2025)
- Dion Woods, 13663 Providence Road Suite 256, Weddington, NC 28104
- Principal officer (990-N for 2021)
- Dion Woods, 1117 Bromley Drive, Weddington NC 28104
- Signed the 990
- Dion Woods, Executive Director
- Phone
- (804) 516-3842
Mission
DIME is a wealth literacy program whose mission is to build the next generation of young investors giving them the knowledge and tools to build real wealth.
Program accomplishments
- Provided $30,000 in college scholarships; Delivered $10,000 in student investment accounts and saw more than 90 students enrolled and participated in one or more of our program curriculum.Eight students completed the entire four semester curriculum.Expenses $209,291 · grants $278,632 · revenue $332,669
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-3722205
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $234,453
- Income (IRS master file)
- $341,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $346,985 | $182,360 | $250,851 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Dion Woods | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about DIME
- What is the EIN of DIME?
- The employer identification number (EIN) of DIME is 85-3722205.
- Is DIME tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to DIME tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DIME 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 DIME due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DIME last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DIME?
- The 990 for the year ended December 31, 2025 names Dion Woods.
- Who are the officers and directors of DIME?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $24,000 (Dion Woods, Executive Director).
- How much revenue does DIME have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $341,720, expenses of $385,957 and total assets of $234,453 at year end.
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