Dream City Foundation
EIN: 451456334 · Phoenix, AZ · NTEE: P11
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $875K |
| Net Assets | $126K |
Is Dream City Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dream City Foundation
Dream City Foundation (EIN: 451456334) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code P11. The organization reported total revenue of $167K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dream City Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dream City Foundation is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 26.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $810K |
| Total Expenses | $875K |
| Surplus / Deficit | $-65,779 |
| Total Assets | $215K |
| Total Liabilities | $89K |
| Net Assets | $126K |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 41.3% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Dream City Foundation reported a deficit of $66K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 41.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Dream City Foundation's revenue has grown at a compound annual growth rate (CAGR) of 26.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.1% | -41.9% | -1.1% |
| 2022 | -49.8% | -31.0% | -49.7% |
| 2021 | +41.8% | +23.7% | +634.3% |
| 2020 | +1967.7% | +2888.7% | -70.6% |
| 2018 | +20.3% | -14.4% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dream City Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dream City Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.3%.
Frequently Asked Questions about Dream City Foundation
Is Dream City Foundation a legitimate charity?
Dream City Foundation (EIN: 451456334) is a registered tax-exempt nonprofit based in Arizona. It has 12 years of IRS 990 filings on record. Total revenue: $167K. No red flags identified. Financial health grade: C.
How does Dream City Foundation spend its money?
Dream City Foundation reported $167K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Dream City Foundation tax-deductible?
Dream City Foundation is registered as a tax-exempt nonprofit (EIN: 451456334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dream City Foundation located?
Dream City Foundation is headquartered in Phoenix, Arizona and files with the IRS under EIN 451456334. It is classified under NTEE code P11.
How many years of IRS 990 filings does Dream City Foundation have?
Dream City Foundation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $167K in total revenue.
Filing History
IRS 990 filing history for Dream City Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Dream City Foundation's revenue has grown by 1519.1%, moving from $50K to $810K. Total assets increased by 21519500% over the same period, from $1 to $215K. Total functional expenses rose by 613.4%, from $123K to $875K. In its most recent filing year (2023), Dream City Foundation reported a deficit of $66K, with expenses exceeding revenue. The organization holds $89K in liabilities against $215K in assets (debt-to-asset ratio: 41.3%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $810K | $875K | $215K | $89K | — | — |
| 2022 | $1.3M | $1.5M | $218K | $26K | — | View 990 |
| 2021 | $2.6M | $2.2M | $432K | $21K | — | — |
| 2020 | $1.8M | $1.8M | $59K | $31K | — | — |
| 2018 | $88K | $59K | $200K | $5K | — | View 990 |
| 2017 | $73K | $69K | $167K | $0 | — | View 990 |
| 2016 | $33K | $244K | $161K | $109 | — | View 990 |
| 2015 | $589K | $320K | $387K | $15K | — | View 990 |
| 2014 | $406K | $398K | $128K | $25K | — | View 990 |
| 2013 | $233K | $194K | $103K | $7K | — | View 990 |
| 2012 | $270K | $141K | $164K | $108K | — | View 990 |
| 2011 | $50K | $123K | $1 | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $810K, expenses of $875K, and assets of $215K (revenue -37.1% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.5M, and assets of $218K (revenue -49.8% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.2M, and assets of $432K (revenue +41.8% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.8M, and assets of $59K (revenue +1967.7% year-over-year).
- 2018: Revenue of $88K, expenses of $59K, and assets of $200K (revenue +20.3% year-over-year).
- 2017: Revenue of $73K, expenses of $69K, and assets of $167K (revenue +121.8% year-over-year).
- 2016: Revenue of $33K, expenses of $244K, and assets of $161K (revenue -94.4% year-over-year).
- 2015: Revenue of $589K, expenses of $320K, and assets of $387K (revenue +45.2% year-over-year).
- 2014: Revenue of $406K, expenses of $398K, and assets of $128K (revenue +74.2% year-over-year).
- 2013: Revenue of $233K, expenses of $194K, and assets of $103K (revenue -13.8% year-over-year).
- 2012: Revenue of $270K, expenses of $141K, and assets of $164K (revenue +440.3% year-over-year).
- 2011: Revenue of $50K, expenses of $123K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dream City Foundation:
Data Sources and Methodology
This transparency report for Dream City Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.