Dream Makerz Foundation

Dream Makerz Foundation shows strong asset growth and no officer compensation, but recent years indicate operating deficits.

EIN: 205585809 · Buffalo Grove, IL · NTEE: T20 · Updated: 2026-03-28

$1.2MRevenue

$5.0MAssets

80/100Mission Score (Excellent)

T20

About Dream Makerz Foundation

Dream Makerz Foundation (EIN: 205585809) is a nonprofit organization based in Buffalo Grove, IL, classified under NTEE code T20. The organization reported total revenue of $1.2M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dream Makerz Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dream Makerz Foundation with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Dream Makerz Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Dream Makerz Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is a highly positive indicator for minimizing administrative costs and maximizing resources for its mission, especially for an organization with nearly $5 million in assets.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Dream Makerz Foundation's IRS 990 filings:

Operating deficits in recent years (2023 and 2022), where expenses significantly exceeded revenue, raising questions about short-term financial sustainability.
Highly volatile revenue streams, with a peak of $2.2 million in 2021 followed by a sharp decline to under $300,000 in subsequent years, indicating potential unpredictability in funding.

Strengths

The following positive indicators were identified for Dream Makerz Foundation:

Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to minimizing executive overhead.
Significant growth in assets from $1.8 million in 2011 to nearly $5 million currently, indicating effective asset management or successful past fundraising.
Extremely low liabilities ($0 or $1 reported), reflecting a very healthy balance sheet and minimal debt burden.
Long operational history with 10 years of filings, suggesting stability and experience in the nonprofit sector.

Frequently Asked Questions about Dream Makerz Foundation

Is Dream Makerz Foundation financially sustainable given recent operating deficits?

The organization has experienced operating deficits in 2023 ($205,083) and 2022 ($346,712), meaning expenses exceeded revenue. While it has substantial assets ($4,980,268) that can absorb these deficits in the short term, a sustained trend could impact long-term financial health.

What caused the significant revenue fluctuation, particularly the peak in 2021 and subsequent decline?

Revenue peaked at $2,266,042 in 2021, then dropped to $226,748 in 2022 and $273,847 in 2023. Understanding the source of the 2021 revenue surge (e.g., a large grant, specific fundraising event) and the reasons for the subsequent sharp decline is crucial for assessing future revenue predictability.

How does Dream Makerz Foundation manage its substantial assets?

With assets growing from $1.8 million in 2011 to nearly $5 million, and minimal liabilities, the organization appears to be a good steward of its assets. Further details on investment strategies or asset utilization would provide more insight.

What are the specific program activities funded by Dream Makerz Foundation?

The NTEE code T20 indicates 'Youth Development, Services, and Recreation'. Understanding the specific programs and their impact would help evaluate the effectiveness of the organization's mission delivery.

Filing History

IRS 990 filing history for Dream Makerz Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Dream Makerz Foundation's revenue has grown by 184.2%, moving from $96K to $274K. Total assets increased by 145.1% over the same period, from $1.9M to $4.6M. Total functional expenses rose by 454.4%, from $86K to $479K. In its most recent filing year (2023), Dream Makerz Foundation reported a deficit of $205K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$274K	$479K	$4.6M	$1	—	—
2022	$227K	$573K	$4.7M	$1	—	View 990
2021	$2.3M	$378K	$5.3M	$1	—	View 990
2020	$1.2M	$377K	$4.5M	$1	—	View 990
2019	$860K	$270K	$4.5M	$0	—	View 990
2015	$204K	$122K	$2.8M	$0	—	View 990
2014	$533K	$114K	$2.8M	$0	—	View 990
2013	$504K	$89K	$2.3M	$0	—	View 990
2012	$144K	$75K	$1.9M	$0	—	View 990
2011	$96K	$86K	$1.9M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $274K, expenses of $479K, and assets of $4.6M (revenue +20.8% year-over-year).
2022: Revenue of $227K, expenses of $573K, and assets of $4.7M (revenue -90.0% year-over-year).
2021: Revenue of $2.3M, expenses of $378K, and assets of $5.3M (revenue +86.9% year-over-year).
2020: Revenue of $1.2M, expenses of $377K, and assets of $4.5M (revenue +41.0% year-over-year).
2019: Revenue of $860K, expenses of $270K, and assets of $4.5M (revenue +321.4% year-over-year).
2015: Revenue of $204K, expenses of $122K, and assets of $2.8M (revenue -61.7% year-over-year).
2014: Revenue of $533K, expenses of $114K, and assets of $2.8M (revenue +5.7% year-over-year).
2013: Revenue of $504K, expenses of $89K, and assets of $2.3M (revenue +250.8% year-over-year).
2012: Revenue of $144K, expenses of $75K, and assets of $1.9M (revenue +49.1% year-over-year).
2011: Revenue of $96K, expenses of $86K, and assets of $1.9M.

Data Sources and Methodology

This transparency report for Dream Makerz 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.