Nonprofit · EIN 88-3523695
D R E A M ACADEMY LA INC
Tax-exempt · LOS ANGELES, CA 90043
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $180,012 | $112,634 | $67,378 | $72,392 | – | $72,392 |
| December 31, 2023 | 990-EZ | $67,750 | $64,312 | $3,438 | $3,438 | $0 | $3,438 |
| December 31, 2022 | 990-EZ | $200 | $200 | $0 | $0 | $0 | $0 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $175,149
- Program service revenue
- $4,863
- Investment income
- $0
Expenses
- Benefits paid to members
- $3,275
- Compensation of officers, directors and key employees
- $51,040
- Salaries, compensation and benefits (total)
- $67,816
- Professional fees and payments to contractors
- $8,544
- Occupancy
- $4,294
- Printing, publications and postage
- $96
- Other expenses
- $28,609
- Program services (functional)
- $175,149
Balance sheet and other
- Total assets, start of year
- $3,438
- Total assets, end of year
- $72,392
- Total liabilities, end of year
- –
- Net assets, end of year
- $72,392
- Cash, savings and investments
- $72,392
- Gross receipts
- $180,012
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRESTON DILLINGHAM | CHAIPERSON | 5 | $29,820 |
| SIGNORA DILLINGHAM | VICE CHAIR | 5 | $11,200 |
| BRITTANY WEATHERSBY | SECRETARY | 5 | $10,020 |
| HOSEA COLLINS | TREASURER | 5 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Preston Dillingham | Chairperson | 5 | $0 |
| Signora Dillingham | Vice Chair | 5 | $0 |
| Hosea Collins | Treasurer | 5 | $0 |
| Brittany Weathersby | Secretart | 5 | $0 |
990-EZ for the year ended December 31, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Preston Dillingham | Chairperson | 1 | $0 |
| Signora Dillingham | Vice Chair | 1 | $0 |
| Hosea Collins | Treasurer | 1 | $0 |
| Brittany Weathersby | Secretart | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4711 11TH AVE, LOS ANGELES, CA 90043-5438
- Signed the 990-EZ
- PRESTON DILLINGHAM, CHAIRPERSON
- Phone
- (661) 860-0566
- Return prepared by
- Michael Hepworth
California records
California keeps its own records of charities and corporations. Search them by EIN 88-3523695 or by the name D R E A M ACADEMY LA INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PROVIDING YOUTH WITH A VARIETY OF SKILLS TO PREPARE THEM TO REACH THERE FULL POTENTIAL ATHLETICALLY AND HOLISTICALLY. DEVELOPING RERAL EFFORT ACHIEVES MORE D.R.E.A.M, AS WE GUIDE THEM ON THE PATH TO MAKING THEIR DREAMS A REALITY.
Program accomplishments
- YOUTH MENTORSHIP BASKETBALL LEAGUE.YOUTH EMPOWERMENT.Expenses $175,149 · grants $175,149
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-3523695
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N99)
- Assets (IRS master file)
- $72,392
- Income (IRS master file)
- $180,012
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $180,012 | $112,634 | $72,392 | XML |
| 990-EZ | December 2023 | $67,750 | $64,312 | $3,438 | XML |
| 990-EZ | December 2022 | $200 | $200 | $0 | XML |
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 88-3523695).
Questions about D R E A M ACADEMY LA INC
- What is the EIN of D R E A M ACADEMY LA INC?
- The employer identification number (EIN) of D R E A M ACADEMY LA INC is 88-3523695.
- Is D R E A M ACADEMY LA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to D R E A M ACADEMY LA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does D R E A M ACADEMY LA 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 D R E A M ACADEMY LA 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 D R E A M ACADEMY LA INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of D R E A M ACADEMY LA INC?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $29,820 (PRESTON DILLINGHAM, CHAIPERSON).
- How much revenue does D R E A M ACADEMY LA INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $180,012, expenses of $112,634 and total assets of $72,392 at year end.
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All nonprofits in LOS ANGELES · California · Recreation and sports