Dreaming Out Loud Foundation
EIN: 261286043 · Washington, DC · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $3.1M |
Is Dreaming Out Loud Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dreaming Out Loud Foundation
Dreaming Out Loud Foundation (EIN: 261286043) is a nonprofit organization based in Washington, DC, classified under NTEE code O50. The organization reported total revenue of $6.1M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dreaming Out Loud Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dreaming Out Loud Foundation is a mid-size nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 41.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-103,194 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -3.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Dreaming Out Loud Foundation reported a deficit of $103K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2010–2023), Dreaming Out Loud Foundation's revenue has grown at a compound annual growth rate (CAGR) of 41.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.2% | +36.1% | -100.0% |
| 2022 | -30.5% | +14.5% | -7.8% |
| 2021 | +43.3% | +45.2% | +104.4% |
| 2020 | +218.5% | +122.9% | +962.5% |
| 2019 | +132.8% | +171.4% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dreaming Out Loud 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 Dreaming Out Loud 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 $103K, with expenses exceeding revenue.
Frequently Asked Questions about Dreaming Out Loud Foundation
Is Dreaming Out Loud Foundation a legitimate charity?
Dreaming Out Loud Foundation (EIN: 261286043) is a registered tax-exempt nonprofit based in Washington DC. It has 11 years of IRS 990 filings on record. Total revenue: $6.1M. No red flags identified. Financial health grade: C.
How does Dreaming Out Loud Foundation spend its money?
Dreaming Out Loud Foundation reported $6.1M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Dreaming Out Loud Foundation tax-deductible?
Dreaming Out Loud Foundation is registered as a tax-exempt nonprofit (EIN: 261286043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dreaming Out Loud Foundation located?
Dreaming Out Loud Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 261286043. It is classified under NTEE code O50.
How many years of IRS 990 filings does Dreaming Out Loud Foundation have?
Dreaming Out Loud Foundation has 11 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 $6.1M in total revenue.
Filing History
IRS 990 filing history for Dreaming Out Loud Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Dreaming Out Loud Foundation's revenue has grown by 8672.7%, moving from $35K to $3.0M. Total assets decreased by 100% over the same period, from $3K to $0. Total functional expenses rose by 8894.5%, from $35K to $3.1M. In its most recent filing year (2023), Dreaming Out Loud Foundation reported a deficit of $103K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.1M | $0 | $0 | — | View 990 |
| 2022 | $2.1M | $2.3M | $1.7M | $53K | — | View 990 |
| 2021 | $3.0M | $2.0M | $1.8M | $62K | — | View 990 |
| 2020 | $2.1M | $1.4M | $881K | $116K | — | View 990 |
| 2019 | $653K | $621K | $83K | $12K | — | View 990 |
| 2018 | $281K | $229K | $0 | $0 | — | View 990 |
| 2017 | $240K | $140K | $1 | $0 | — | View 990 |
| 2014 | $97K | $107K | $20K | $0 | — | View 990 |
| 2012 | $89K | $78K | $18K | $741 | — | — |
| 2011 | $68K | $64K | $7K | $336 | — | — |
| 2010 | $35K | $35K | $3K | $3 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.1M, and assets of $0 (revenue +46.2% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.3M, and assets of $1.7M (revenue -30.5% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.0M, and assets of $1.8M (revenue +43.3% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.4M, and assets of $881K (revenue +218.5% year-over-year).
- 2019: Revenue of $653K, expenses of $621K, and assets of $83K (revenue +132.8% year-over-year).
- 2018: Revenue of $281K, expenses of $229K, and assets of $0 (revenue +16.7% year-over-year).
- 2017: Revenue of $240K, expenses of $140K, and assets of $1 (revenue +147.9% year-over-year).
- 2014: Revenue of $97K, expenses of $107K, and assets of $20K (revenue +9.4% year-over-year).
- 2012: Revenue of $89K, expenses of $78K, and assets of $18K (revenue +30.5% year-over-year).
- 2011: Revenue of $68K, expenses of $64K, and assets of $7K (revenue +96.8% year-over-year).
- 2010: Revenue of $35K, expenses of $35K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dreaming Out Loud Foundation:
Data Sources and Methodology
This transparency report for Dreaming Out Loud 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.