Dream City Foundation

“The organization is the process of adopting a written whistleblower policy. This question will be answered yes on the 6/30/2024 tax return.”

“The organization is the process of adopting a written document retention policy. This question will be answered yes on the 6/30/2024 tax return.”

“The CFO is compensated by an unrelated organization and City Help Foundation does not set her compensation. It is established by the Board of the unrelated organization. No set amount has been established for reimbursement to the unrelated organization for the CFO's time.”

“Jeff May - President and Jann May - Director - Family relationship, Brendon Zastrow - Secretary and Sarah Zastrow -Director - Family relationship, Kent Sexton - Treasurer and Kristie Sexton - Director - Family relationship, Warren Panico - Director and Kathleen Panico - Director - Family relationship, Craig Smith - Director and Melissa Smith - Director - Family relationship, Jack Debartolo - Director and Pat Debartolo - Director - Family relationship, Mark Reed - Director and Lisa Reed - Director - Family relationship, Andy Shipe - Director and Joanna Shipe - Director - Family relationship, Anthony Decanti - Director and Stacy Decanti - Director - Family relationship, Doug Hunt - Director and Sheila Hunt - Director - Family relationship, Jerry Salandro - Director and Melissa Salandro - Director - Family relationship, Philip Gibbs - Director and Amy Gibbs - Director - Family relationship”

“The Board of Directors shall always consist of at least three Founding Directors. The Founding Directors serve as the nominating committee for new candidates for consideration to elect to the Board of Directors. The Founding Directors shall also nominate new Founding Directors in the event of the death, resignation or expiration of term of a Founding Director.”

“The 990 is prepared by an independent CPA firm. A draft 990 is reviewed by the executive director and CFO prior to filing.”

“EACH DIRECTOR ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. The organization is the process of adopting a requirement for all officers and board members to complete annual conflict of interest disclosures so that the organization can answer yes to these questions on future returns.”

“The President's compensation is established by the independent members of the Board of Directors. The board takes into consideration the experience and training of the individual along with compensation studies and other publicly available comparability data. The process is documented in the Board minutes.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Misc - Total Revenue: 112, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 112;”

“Admin Services - Total Expense: 120110, Program Service Expense: 27921, Management and General Expenses: 64268, Fundraising Expenses: 27921; Other services - Total Expense: 21000, Program Service Expense: 9204, Management and General Expenses: , Fundraising Expenses: 11796; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”

“Contributions designated for specific organizational recipients were previously included in contribution revenue with corresponding grant expense when funds were released to the designated entity. We have determined that such transfers are better classified as custodial arrangements and beginning this reporting period, have thus reclassified the receipt of such payments as custodial liabilities on the Balance Sheet until the funds are released.”