Nonprofit · EIN 90-0539766
DREAMS WORK INC
Tax-exempt (reinstated) · HYATTSVILLE, MD 20785
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,026,286 | $1,716,938 | $309,348 | $1,540,544 | $56,080 | $1,484,464 |
| December 31, 2023 | 990 | $1,198,630 | $915,345 | $283,285 | $1,245,879 | $21,369 | $1,224,510 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,026,286
- of which government grants
- $515,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $823,459
- Other salaries and wages
- $508,677
- Salaries, compensation and benefits (total)
- $589,680
- Professional fundraising fees
- $0
- Accounting fees
- $3,125
- Travel
- $12,635
- Program services (functional)
- $987,099
- Management and general (functional)
- $673,857
- Fundraising (functional)
- $55,982
Balance sheet and other
- Total assets, start of year
- $1,245,879
- Total assets, end of year
- $1,540,544
- Total liabilities, end of year
- $56,080
- Net assets, end of year
- $1,484,464
- Net assets without donor restrictions
- $1,484,464
- Gross receipts
- $2,026,286
- Employees
- 0
- Volunteers
- 26
- Year formed
- 2010
- State of legal domicile
- MD
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COSTELLO WILSON III | PRESIDENT & TREASURER Officer | 20 | $0 |
| CALVIN FLOWERS | VICE PRESIDENT Officer | 20 | $0 |
| ROBERT BELL | SECRETARY Officer | 5 | $0 |
| NIKKI WILSON | BOARD MEMBER | 5 | $0 |
| RAYMOND BUSH | BOARD MEMBER | 5 | $0 |
| JALYN WILSON | BOARD MEMBER | 5 | $0 |
| REV TONY LEE | BOARD MEMBER | 5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COSTELLO WILSON III | PRESIDENT & TREASURER Officer | 20 | $0 |
| CALVIN FLOWERS | VICE PRESIDENT Officer | 20 | $0 |
| ROBERT BELL | SECRETARY Officer | 5 | $0 |
| NIKKI WILSON | BOARD MEMBER | 5 | $0 |
| RAYMOND BUSH | BOARD MEMBER | 5 | $0 |
| JALYN WILSON | BOARD MEMBER | 5 | $0 |
| REV TONY LEE | BOARD MEMBER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 8201 CORPORATE DR STE 620, HYATTSVILLE, MD 20785-2245
- In care of
- % C WILSON
- Mailing address (990-N for 2018)
- 805 15TH STREET NW SUITE 100, Washington DC DC 20005
- Principal officer (990 for 2024)
- COSTELLO WILSON, 1200 G St NW 8TH Floor, Washington, DC 200053184
- Principal officer (990-N for 2018)
- C Wilson, 805 15th Street NW, Suite 100, Washington DC DC 20005
- Signed the 990
- COSTELLO WILSON, VICE PRESIDENT
- Phone
- (202) 695-8077
- Return prepared by
- RGM
Mission
We wholeheartedly commit to transforming lives and fortifying our community. As a nonprofit organization, we champion the creation of nurturing environments where hope flourishes, even in the face of hopelessness. Through collaborative efforts and unwavering support, we empower individuals to realize their dreams and actively contribute to a vibrant, resilient community.
Program accomplishments
- Hope in Action (HIA) and the University of Maryland Capital Region Medical Center Violence Intervention Program (CAP-VIP). This program aims to reduce violent crime in Prince Georges County, Maryland including gun violence, by deploying several activities such as violence interruption, wrap around, and outreach. Project activities are guided by a collaborative working group of key program stakeholders and a research partner. Key program stakeholders include community residents, survivors of violence, and criminal justice system representatives.Expenses $987,099
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 90-0539766
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $1,540,544
- Income (IRS master file)
- $2,026,286
Revocation and reinstatement
- Exemption revoked
- May 15, 2014
- Posted by the IRS
- August 11, 2014
- Reinstated
- Effective May 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,026,286 | $1,716,938 | $1,540,544 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,198,630 | $915,345 | $1,245,879 | XML |
| 990 | December 2022 | $2,310,300 | $1,438,302 | $1,422,613 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: C Wilson | December 31, 2018 | ≤ $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 90-0539766).
Questions about DREAMS WORK INC
- What is the EIN of DREAMS WORK INC?
- The employer identification number (EIN) of DREAMS WORK INC is 90-0539766.
- Is DREAMS WORK INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
- Are donations to DREAMS WORK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAMS WORK 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 DREAMS WORK 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 DREAMS WORK 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 DREAMS WORK INC?
- The 990 for the year ended December 31, 2024 names COSTELLO WILSON.
- Who are the officers and directors of DREAMS WORK INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does DREAMS WORK INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,026,286, expenses of $1,716,938 and total assets of $1,540,544 at year end.
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