Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
The King'S Dream
990EZ • Fiscal year 2023 • EIN 45-2258921
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
8th percentile
Faster revenue growth than 8% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $16,441 (-100%) from 2022
Net Assets
Down-$71,900
Down $16,441 (-30%) from 2022
Liabilities
Flat$71,900
Flat from 2022
Revenue And Expenses
Revenue
Down$10,674
Down $19,112 (-64%) from 2022
Expenses
Down$27,115
Down $11,267 (-29%) from 2022
Net Income
Down-$16,441
Down $7,845 (-91%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 13, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $10,674
Mission and Program Overview
Mission
Declaring the exceedingly great worth of jesus christ from the heart of our state through day and night worship and prayer
MINISTRY
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROGRAM WORSHIP EVENTS | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WAYNE LEE JR | President | PT | $0 | - | - |
| JILL MURPHY | Secretary | - | $0 | - | - |
| DAVID GULINO | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- THE KING'S DREAM
- EIN
- 45-2258921
- In Care Of
- % DAVID GULINO
- Phone
- 3345381830
- Address
- 17 DEXTER AVENUE, MONTGOMERY, AL 36104
Signing Officer
- Name
- David Gulino
- Title
- Treasurer
- Phone
- 3345381830
- Signed
- 2024-11-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Samuel E Bone CPA
- Address
- 2529 EAST FIFTH STREET, MONTGOMERY, AL 36107
- Preparer
- Samuel E Bone
- Phone
- 3342653034
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10, Grants Paid
“Activity , Grantee THE SOUND OF ALABAMA, INC. 2900 HWY 78 W JASPER AL 35501, Cash Grant 1,259, Relationship”
Form 990-EZ, Part I, Line 10, Grants Paid
“Activity , Grantee THE SOUND OF ALABAMA, INC. 2900 HWY 78 W JASPER AL 35501, Relationship , Description of Property VARIOUS DEPRECIABLE ASSETS, Purpose of Payment TO DONATE UNUSED ASSETS TO A NON-PROFIT ABLE TO SERVE THE PUBLIC, Book Value 15,588, Method Used to Determine BV DEPRECIATION SCHEDULE, Fair Market Value 15,588, Method Used to Determine FMV MATCHING BOOK VALUE, Date Received 12/31/2023”
Form 990-EZ, Part I, Line 16, Other Expenses
“STORAGE 2,071”
Form 990-EZ, Part I, Line 16, Other Expenses
“INSURANCE 1,489”
Form 990-EZ, Part I, Line 16, Other Expenses
“ADVERTISING 2,047”
Form 990-EZ, Part I, Line 16, Other Expenses
“Dues and subscriptions 1,245”
Form 990-EZ, Part I, Line 16, Other Expenses
“POSTAGE AND SHIPPING 208”
Form 990-EZ, Part I, Line 16, Other Expenses
“OFFICE EXPENSES 513”
Form 990-EZ, Part I, Line 16, Other Expenses
“Bookkeeping and quickbooks charges 2,200”
Form 990-EZ, Part II, Line 24, Other Assets
“OTHER DEPRECIABLE ASSETS Beginning of year 15,588, End of year 0”
Form 990-EZ, Part II, Line 26, Liabilities
“NOTES PAYABLE Beginning of year 71,900, End of year 71,900”
Raw XML Appendix173 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 | DAVID GULINO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3342653034 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15 DEXTER AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MONTGOMERY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 36104 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 853 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10674 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -16441 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 495 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 16441 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 16847 |
| IRS990EZ/GrossReceiptsAmt | 0 | 10674 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -55459 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -71900 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -55459 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -71900 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 005.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 001.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 002.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WAYNE LEE JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JILL MURPHY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID GULINO |
| 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 | 15588 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 9773 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | MINISTRY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROGRAM WORSHIP EVENTS |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 71900 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 71900 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 27115 |
| IRS990EZ/TotalRevenueAmt | 0 | 10674 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.DAVIDSTENTALABAMA.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 10674 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 29644 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96354 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 108744 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 82137 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 327553 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 10674 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 31144 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96354 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 108744 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 82137 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 329053 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 327553 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 329053 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 10674 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 31144 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96354 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 108744 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 82137 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 329053 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 10674 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 29644 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96354 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 108744 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 82137 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 327553 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 327553 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 10674 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 31144 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 96354 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 108744 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 82137 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 329053 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity , Grantee THE SOUND OF ALABAMA, INC. 2900 HWY 78 W JASPER AL 35501, Cash Grant 1,259, Relationship |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity , Grantee THE SOUND OF ALABAMA, INC. 2900 HWY 78 W JASPER AL 35501, Relationship , Description of Property VARIOUS DEPRECIABLE ASSETS, Purpose of Payment TO DONATE UNUSED ASSETS TO A NON-PROFIT ABLE TO SERVE THE PUBLIC, Book Value 15,588, Method Used to Determine BV DEPRECIATION SCHEDULE, Fair Market Value 15,588, Method Used to Determine FMV MATCHING BOOK VALUE, Date Received 12/31/2023 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | STORAGE 2,071 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | INSURANCE 1,489 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ADVERTISING 2,047 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DUES AND SUBSCRIPTIONS 1,245 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | POSTAGE AND SHIPPING 208 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | OFFICE EXPENSES 513 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | BOOKKEEPING AND QUICKBOOKS CHARGES 2,200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | OTHER DEPRECIABLE ASSETS Beginning of year 15,588, End of year 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | NOTES PAYABLE Beginning of year 71,900, End of year 71,900 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10, Grants Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 10, Grants Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990-EZ, Part II, Line 24, Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990-EZ, Part II, Line 26, Liabilities |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID GULINO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3345381830 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE KING'S DREAM |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KING |
| ReturnHeader/Filer/EIN | 0 | 452258921 |
| ReturnHeader/Filer/InCareOfNm | 0 | % DAVID GULINO |
| ReturnHeader/Filer/PhoneNum | 0 | 3345381830 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 17 DEXTER AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MONTGOMERY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 36104 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 631187820 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SAMUEL E BONE CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2529 EAST FIFTH STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MONTGOMERY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 36107 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3342653034 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SAMUEL E BONE |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2024-11-13T03:28:11-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $71,900
- Net assets
- -$71,900
- Revenue
- $10,674
- Expenses
- $27,115
- Net income
- -$16,441