Nonprofit · EIN 99-3029997
DREAM INITIATIVE
Tax-exempt · SHREVEPORT, LA 71149
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $55,765 | $45,974 | $9,791 | $13,127 | – | $13,127 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $55,750
- Program service revenue
- $0
- Investment income
- $15
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $44,882
- Printing, publications and postage
- $5
- Other expenses
- $1,087
- Program services (functional)
- $44,882
Balance sheet and other
- Total assets, start of year
- $3,336
- Total assets, end of year
- $13,127
- Total liabilities, end of year
- –
- Net assets, end of year
- $13,127
- Cash, savings and investments
- $13,127
- Gross receipts
- $55,765
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Vernae E Thompson | Program Director | 40 | $0 |
| Bruce Ewing | President | 4 | $0 |
| Valerie P Ewing | Secretary and Treasurer | 25 | $0 |
| Angela Roark | Member | 2 | $0 |
| Jon Roark | Member | 2 | $0 |
| Lance Thompson | Member | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 19023, SHREVEPORT, LA 71149-0023
- In care of
- % LANCE THOMPSON
- Mailing address (990-N for 2024)
- P O Box 19023, Shreveport LA 71149
- Principal officer (990-N for 2024)
- Lance Emanuel Thompson, P O Box 19023, Shreveport LA 71149
- Signed the 990-EZ
- Valerie P Ewing, Treasurer
Mission
Support Youth Program
Program accomplishments
- Dream Initiative supports an impactful innovative program Dream Big Interactive Initiative. Serving target audience K-5 grades throughout Northwest Louisiana. To date 18,000 students plus teachers and staff were reached; 3 step program combined with storytelling original music and interactive participation and feedback.Expenses $44,882
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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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3029997
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S01)
- Assets (IRS master file)
- $13,127
- Income (IRS master file)
- $55,765
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $55,765 | $45,974 | $13,127 | IRS |
| 990-N for 2024 Officer: Lance Emanuel Thompson | December 31, 2024 | ≤ $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 99-3029997).
Questions about DREAM INITIATIVE
- What is the EIN of DREAM INITIATIVE?
- The employer identification number (EIN) of DREAM INITIATIVE is 99-3029997.
- Is DREAM INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to DREAM INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAM INITIATIVE 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 INITIATIVE 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 DREAM INITIATIVE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of DREAM INITIATIVE?
- The 990-N for 2024 names Lance Emanuel Thompson.
- Who are the officers and directors of DREAM INITIATIVE?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does DREAM INITIATIVE have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $55,765, expenses of $45,974 and total assets of $13,127 at year end.
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All nonprofits in SHREVEPORT · Louisiana · Community improvement and capacity building