Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Hang on to the Dream Foundation
EIN 04-3785573 • 501(c)3 • Troy, MI
Profile
Provide young people who are considered positive role models for other kids with needed equipment, opportunities and/or finances, to help them achieve their goals in life.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Down$13,435
Down $55,310 (-80%) from 2021
Liabilities
Flat$0
Flat from 2021
Net Assets
Down$13,435
Down $55,310 (-80%) from 2021
Revenue
Down$21,010
Down $5,819 (-22%) from 2021
Expenses
Down$76,051
Down $23,437 (-24%) from 2021
Net Income
Up-$55,041
Up $17,618 (+24%) from 2021
Trend Graphs
Filings
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $13,435
- Liabilities
- $0
- Net assets
- $13,435
- Revenue
- $21,010
- Expenses
- $76,051
- Net income
- -$55,041
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.13 | $0.00 | $0.13 | $0.21 | $0.76 | $0.55 |
| 2021Detailed filing. Detailed filing data is available for this year. | $0.69 | $0.00 | $0.69 | $0.27 | $0.99 | $0.73 |
| 2020Detailed filing. Detailed filing data is available for this year. | $1.42 | $0.00 | $1.42 | $2.25 | $0.86 | $1.39 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 15, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $21,010
Mission and Program Overview
Mission
Provide young people who are considered positive role models for other kids with needed equipment, opportunities and/or finances, to help them achieve their goals in life.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| IDENTIFY AND ASSIST UNDERSERVED CHILDREN OF FAMILIES IN NEED. PROVIDE RESOURCES, CONSULTATION, AND OTHER DIRECT ASSISTANCE TO THOSE FAMILIES. MAINTAIN CONNECTIONS AND RELATIONSHIPS WITH ASSISTED FAMILIES TO ENSURE LIFE CHANGING OUTCOMES FOR CHILDREN. | - | $38,420 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEVEN EWING | President | - | $0 | - | - |
| DORA EWING | Secretary | - | $0 | - | - |
| ELIZABETH QUALE | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Hang on to the Dream Foundation
- EIN
- 04-3785573
- Phone
- 8883732615
- Address
- 200 E BIG BEAVER RD, TROY, MI 48083
Signing Officer
- Name
- Steven Ewing
- Title
- President
- Phone
- 8883732615
- Signed
- 2023-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Dickson & Associates Pc
- Address
- 1380 E JEFFERSON AVE, DETROIT, MI 48207
- Preparer
- Jeffrey Randall
- Phone
- 3132594600
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses supplies 1,113 office expense 638 travel 7,923 meetings 2,010 advertising 713 insurance 4,465 miscellaneous 46 professional dues 2,110 software 998 telephone 1,650 bank service 3 program b expense 117 professional liability 3,250 total 25,036”
Form 990-ez, Part I, Line 20
“Book / tax depreciation difference -270”
Form 990-ez, Part II, Line 24
“2,699 2,699 less accumulated depreciation 337 607 450 450 less accumulated amortization 38 68 total 2,774 2,474”
Form 990-ez, Part III
“Provide young people who are considered positive role models for other kids with needed equipment, opportunities and/or finances, to help them achieve their goals in life.”
Form 990-ez, Part III, Line 28
“Identify and assist underserved children of families in need. Provide resources, consultation, and other direct assistance to those families. Maintain connections and relationships with assisted families to ensure life changing outcomes for children.”
Raw XML Appendix134 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | STEVEN EWING |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8883732615 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 200 EAST BIG BEAVER RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | TROY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 48083 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 65972 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 10961 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 21000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -55041 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4509 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 68746 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 13435 |
| IRS990EZ/GrossReceiptsAmt | 0 | 21010 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 10 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 68746 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 13435 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 68746 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 13435 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 45820 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEVEN EWING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DORA EWING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ELIZABETH QUALE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2774 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2474 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -270 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 25036 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE YOUNG PEOPLE WHO ARE CONSIDERED POSITIVE ROLE MODELS FOR OTHER KIDS WITH NEEDED EQUIPMENT, OPPORTUNITIES AND/OR FINANCES, TO HELP THEM ACHIEVE THEIR GOALS IN LIFE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 686 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IDENTIFY AND ASSIST UNDERSERVED CHILDREN OF FAMILIES IN NEED. PROVIDE RESOURCES, CONSULTATION, AND OTHER DIRECT ASSISTANCE TO THOSE FAMILIES. MAINTAIN CONNECTIONS AND RELATIONSHIPS WITH ASSISTED FAMILIES TO ENSURE LIFE CHANGING OUTCOMES FOR CHILDREN. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 38420 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 76051 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 38420 |
| IRS990EZ/TotalRevenueAmt | 0 | 21010 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HANGONTOTHEDREAM.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 21000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 26785 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 224519 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 272304 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 44 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 68 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 112 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 54 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 272304 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 21000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 26785 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 224519 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 272304 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 272416 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES SUPPLIES 1,113 OFFICE EXPENSE 638 TRAVEL 7,923 MEETINGS 2,010 ADVERTISING 713 INSURANCE 4,465 MISCELLANEOUS 46 PROFESSIONAL DUES 2,110 SOFTWARE 998 TELEPHONE 1,650 BANK SERVICE 3 PROGRAM B EXPENSE 117 PROFESSIONAL LIABILITY 3,250 TOTAL 25,036 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOOK / TAX DEPRECIATION DIFFERENCE -270 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 2,699 2,699 LESS ACCUMULATED DEPRECIATION 337 607 450 450 LESS ACCUMULATED AMORTIZATION 38 68 TOTAL 2,774 2,474 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PROVIDE YOUNG PEOPLE WHO ARE CONSIDERED POSITIVE ROLE MODELS FOR OTHER KIDS WITH NEEDED EQUIPMENT, OPPORTUNITIES AND/OR FINANCES, TO HELP THEM ACHIEVE THEIR GOALS IN LIFE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | IDENTIFY AND ASSIST UNDERSERVED CHILDREN OF FAMILIES IN NEED. PROVIDE RESOURCES, CONSULTATION, AND OTHER DIRECT ASSISTANCE TO THOSE FAMILIES. MAINTAIN CONNECTIONS AND RELATIONSHIPS WITH ASSISTED FAMILIES TO ENSURE LIFE CHANGING OUTCOMES FOR CHILDREN. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN EWING |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8883732615 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HANG ON TO THE DREAM FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HANG |
| ReturnHeader/Filer/EIN | 0 | 043785573 |
| ReturnHeader/Filer/PhoneNum | 0 | 8883732615 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 E BIG BEAVER RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TROY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 48083 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382965451 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DICKSON & ASSOCIATES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1380 E JEFFERSON AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DETROIT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 48207 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3132594600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFFREY RANDALL |
| ReturnHeader/ReturnTs | 0 | 2023-11-15T19:52:21-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | STEVEN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | EWING |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.