New Dream Foundation
New Dream Foundation reports no revenue or assets, indicating inactivity or recent formation.
EIN: 208099592 · Las Vegas, NV · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is New Dream Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Dream Foundation
New Dream Foundation (EIN: 208099592) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Dream Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Dream Foundation with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, New Dream Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation data is available as the organization reported $0 in revenue and assets, suggesting no operational activity to support salaries.
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 New Dream Foundation's IRS 990 filings:
- No reported revenue or assets, indicating inactivity or lack of operations.
- No financial activity to assess program impact or efficiency.
Strengths
The following positive indicators were identified for New Dream Foundation:
- Filed IRS 990, demonstrating basic compliance.
Frequently Asked Questions about New Dream Foundation
Is New Dream Foundation a legitimate charity?
New Dream Foundation (EIN: 208099592) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 50/100. 2 red flags identified. 1 strength noted. Financial health grade: D.
How does New Dream Foundation spend its money?
New Dream Foundation reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to New Dream Foundation tax-deductible?
New Dream Foundation is registered as a tax-exempt nonprofit (EIN: 208099592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Dream Foundation CEO make?
New Dream Foundation's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does New Dream Foundation compare to similar nonprofits?
With a transparency score of 50/100 (Fair), New Dream Foundation is near average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Dream Foundation located?
New Dream Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 208099592. It is classified under NTEE code X20.
Is New Dream Foundation a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, there is no financial activity to evaluate its effectiveness as a charity. It appears to be inactive or very newly established.
What are New Dream Foundation's primary programs?
With $0 in reported revenue and assets, the IRS 990 data does not provide information on any active programs or their associated spending.
How transparent is New Dream Foundation?
The organization has filed its IRS 990, which is a step towards transparency. However, the lack of financial activity ($0 revenue, $0 assets) means there's no financial data to scrutinize for deeper transparency insights.
Data Sources and Methodology
This transparency report for New Dream 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.