I Have A Dream Foundation-Dallas in Dallas, Texas (TX)

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I Have A Dream Foundation-Dallas
Employer Identification Number (EIN)752153030
Name of OrganizationI Have A Dream Foundation-Dallas
In Care of NameJay R Downs
AddressPO BOX 191747, Dallas, TX 75219-8506
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date09/2013
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$5,368
Amount of Income$153,843
Form 990 Revenue Amount$153,843
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Development Programs, Other


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$93,218
Contributions, gifts, grants, and similar amounts received$91,196
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$845
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$1,177
Total expenses$166,349
Total net assets$11,339
Deficit for the year$-73,131
Net assets or fund balances at beginning of year$84,470
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$11,339
Total liabilities$0
Net assets or fund balances$11,339
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$461,891
Gifts, grants, contributions, and membership fees received$460,946
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$945
Gross receipts from related activities, etc.$0
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