I Have A Dream Foundation Of Washington Dc in Silver Spring, Maryland (MD)

I Have A Dream Foundation Of Washington Dc
Employer Identification Number (EIN)	541421855
Name of Organization	I Have A Dream Foundation Of Washington Dc
Address	12069 Tech Rd, Silver Spring, MD 20904-1981
Activities	Scholarships (other), Other school related activities
Subsection	Charitable Organization
Ruling Date	08/1987
Deductibility	Contributions are deductible
Foundation	Private operating foundation (other)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	05/2013
Assets	$500,000 to $999,999
Income	$100,000 to $499,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$569,827
Amount of Income	$150,597
Form 990 Revenue Amount	$221,803

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$150,597	$11,290	$11,290
Contributions, gifts, grants, etc., received	$138,674
Interest on savings and temporary cash investments	$96
Dividends and interest from securities	$11,194
Gross rents	$0
Gross sales price for all assets	$0
Gross profit from sales of goods	$0
Other income	$633
Total expenses and disbursements	$252,590	$2,500	$0	$250,090
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$3,600
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$4,255
Printing and publications	$0
Total operating and administrative expenses	$252,590	$2,500		$250,090
Contributions, gifts, grants paid	$0
Excess of revenue over expenses and disbursements	$-101,993
Net investment income		$8,790
Adjusted net income			$11,290

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$723,437	$786,020	$682,420	$740,954	$569,827	$512,712
Cash - non-interest-bearing	$179,507		$136,748		$119,063
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$0		$469,406		$389,522
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$427,151		$0		$0
Other assets			$0		$0
Total liabilities	$1,907		$5,568		$5,568
Mortgages and other notes payable	$0		$0		$0
Other liabilities			$0		$0
Total liabilities and net assets/fund balances	$721,530		$676,852		$564,259

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$0	$0
Net capital loss	$0	$0	$0

	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$159	$97	$88
Total credits and payments	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$97	$88
Overpayment		$0	$0
Amount to be credited to next year's estimated tax	$0	$0	$0

	2011	2012	2013
Statements Regarding Activities
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	Yes	Yes	Yes
Did any persons become substantial contributors during the tax year?		No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?	No	No	No
Agree to pay money or property to a government official?	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?		No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?		No	No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?	No	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?	No	No	No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?	No	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$744,006	$754,105	$519,616
Net value of noncharitable-use assets		$742,793	$511,822
Minimum investment return	$36,642	$37,140	$25,591

	2011	2012	2013
Distributable Amount
Distributable amount	$0	$0	$0

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$0	$0	$0
Undistributed income for this year. This amount must be distributed in the next year	$0	$0	$0

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
The lesser of the adjusted net income or the minimum investment return	$11,290	$0	$0	$0	$11,290
Qualifying distributions made directly for active conduct of exempt activities	$250,090	$202,523	$251,303	$246,291	$950,207
Value of all assets	$569,828	$0	$0	$0	$569,828
Value of assets qualifying under section 4942(j)(3)(B)(i)	$569,828	$0	$0	$0	$569,828
2/3 of minimum investment return	$0	$0	$0	$0	$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)	$0	$0	$0	$0	$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)	$0	$0	$0	$0	$0
Gross investment income	$0	$0	$0	$0	$0

Supplementary Information (for 2013)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$0	$96
Dividends and interest from securities	$0	$11,194

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend I Have A Dream Foundation Of Washington Dc to others? (optional)

Yes

Add photo of I Have A Dream Foundation Of Washington Dc (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (18.119.123.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD
Roxies Fund Inc in Silver Spring, MD
National Ku Klux Klan Museum Inc in Silver Spring, MD
Scottish Terrier Club Of Greater Washington Dc Inc in Silver Spring, MD
Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD
Phoenix Wildlife Center Inc in Phoenix, MD
Bright Eyes Sanctuary Inc in Hagerstown, MD
St Mary Episcopal Church in Woodlawn, MD
Turning Point Church in Rockville, MD
Beaverbrook Community Association Inc in Columbia, MD

Recently Added Reviews

Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD

Roxies Fund Inc in Silver Spring, MD

National Ku Klux Klan Museum Inc in Silver Spring, MD

Scottish Terrier Club Of Greater Washington Dc Inc in Silver Spring, MD

Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD

Phoenix Wildlife Center Inc in Phoenix, MD

Bright Eyes Sanctuary Inc in Hagerstown, MD

St Mary Episcopal Church in Woodlawn, MD

Turning Point Church in Rockville, MD

Beaverbrook Community Association Inc in Columbia, MD

Id	Name	Address	State	Established	Total Income
Other organizations in Maryland
1	Hyattsville Mt Rainier Brentwood	PO BOX 123, Mount Rainier, MD 20712-0123	MD	1991-08	$13,822
2	Hyattsville Volunteer Fire Department Incorporated	6200 Belcrest Road, Hyattsville, MD 20782-2951	MD	1999-06	$2,043,476
3	Hyman Ginsberg I Ginsberg Lillian Ginsberg & R G Friedman Fdt Inc	One South St 27th Fl, Baltimore, MD 21202-3298	MD	1991-01	$4,054
4	Hype Youth Zone Inc	10730 Castleton Way, Upper Marlboro, MD 20774	MD	2004-06	$0
5	I Can Inc	PO BOX 1167, Baltimore, MD 21203-1167	MD	1997-03	$1,309,233
6	I Cant We Can Incorporation, Israel Cason	4637 Park Heights Avenue, Baltimore, MD 21215-6352	MD	1998-10	$1,993,346
7	I Care Inc	13205 Okinawa Ave, Rockville, MD 20851-1730	MD	1981-11	$358,886
8	I E C Chesapeake Apprenticeship & Training Inc	8751 Freestate Dr Ste 250, Laurel, MD 20723-5891	MD	1998-04	$1,016,488
9	Independent Electrical Contractors Inc, Iec Chesapeake	8751 Freestate Dr Ste 250, Laurel, MD 20723-5891	MD	2007-07	$453,253
10	I Franklin Feld Memorial Fund Inc	4512 Gridley Rd, Silver Spring, MD 20906-4636	MD	2002-09	$19,500
11	I Have A Dream Foundation Of Washington Dc	12069 Tech Rd, Silver Spring, MD 20904-1981	MD	1987-08	$150,597
12	I M A Star Inc	16001 Trade Zone Ave, Uppec Marlhdrd, MD 20774-8795	MD	2004-05	$54,497
13	I Say No 2 Inc	7511 Langport Ct, Hanover, MD 21076-1783	MD	2000-10	$9,600
14	Iac-Enteprises Nehemiah Development Inc	312 N Martin Luther King Jr Blvd St, Baltimore, MD 21201-1221	MD	1991-09	$5
15	Iaff Local 1605 Foundation Inc	PO BOX 55, Funkstown, MD 21734-0055	MD	2005-12	$1,336,054
16	Iaff Local 1619-Mda Fund Inc	16701 Melford Blvd Ste 124, Bowie, MD 20715-4452	MD	2001-02	$63,845
17	Iatse Local 22 Welfare Fund	11247 Lockwood Dr Ste C, Silver Spring, MD 20901-4561	MD	1972-09	$4,209,206
18	Ibadan Descendents Union - Baltimore Chapter	7813 Aiken Ave, Parkville, MD 21234-5401	MD	2008-03	$3,275
19	Ibew Afl-Cio Local 1501 Health & Welfare Fund, Ibew Afl-Cio Health And Welfare Fun	123 Church Ln, Cockeysville, MD 21030-4903	MD	1940-08	$112,367
20	Ibew Local Union 24 Scholarship Fund	2701 West Patapsco Avenue, Baltimore, MD 21230-2700	MD	2009-10	$29,686

NonProfitFacts.com is not associated with, endorsed by, or sponsored by I Have A Dream Foundation Of Washington Dc and has no official or unofficial affiliation with I Have A Dream Foundation Of Washington Dc