Is Dream Makerz Foundation Legit?

Quick charity verification for Dream Makerz Foundation (EIN: 205585809)

Verdict: Dream Makerz Foundation appears trustworthy

80/100Mission Score
$1.2MRevenue
$5.0MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Dream Makerz Foundation exhibits inconsistent financial performance over the past decade, with significant fluctuations in revenue and expenses. While the organization reported $1,175,160 in latest revenue and holds substantial assets of $4,980,268, recent years show expenses exceeding revenue, such as in 2023 ($478,930 expenses vs. $273,847 revenue) and 2022 ($573,460 expenses vs. $226,748 revenue). This trend suggests reliance on prior year surpluses or asset drawdowns to cover operational costs. The consistent reporting of $0 officer compensation across all filings indicates a strong commitment to minimizing administrative overhead in this area, which is a positive sign for transparency and efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The organization's asset base has grown significantly from $1,858,660 in 2011 to $4,980,268 currently, indicating effective asset management or substantial past fundraising success. The minimal liabilities reported ($0 or $1 across all filings) points to a very healthy balance sheet with little debt. The lack of officer compensation is a notable strength in terms of transparency and resource allocation. However, the recent operating deficits warrant closer examination to ensure long-term financial sustainability, especially given the substantial swings in annual revenue, which peaked at $2,266,042 in 2021 before declining.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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