Civic Intelligence

Precious Dreams Foundation

990 • Fiscal year 2022 • EIN 45-5456961

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 02, 2023

Organization ProfilePRECIOUSDREAMSFOUNDATION.ORG
116 East 27th Street Ste 10th FNew York, NY 10016

(347) 514-3833

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.04x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.02x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Net Margin

35th percentile

-2.6%

Higher net margin than 35% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Top Officer Pay

99th percentile

$85,154

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 20.8% of source-year revenue.

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Asset Growth

42nd percentile

-3.3%

Faster asset growth than 42% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

55th percentile

19%

Faster revenue growth than 55% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$264,733

Down $9,137 (-3.3%) from 2021

Net Assets

Down

$255,398

Down $10,659 (-4.0%) from 2021

Liabilities

Up

$9,335

Up $1,522 (+19%) from 2021

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin35th percentile

Revenue

Up

$409,688

Up $64,064 (+19%) from 2021

Expenses

Up

$420,347

Up $70,067 (+20%) from 2021

Net Income

Down

-$10,659

Down $6,003 (-129%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $1Liabilities 2011: $02011Assets 2012: $974Net Assets 2012: $9742012Assets 2013: $13,101Net Assets 2013: $13,1012013Assets 2014: $36,761Liabilities 2014: $0Net Assets 2014: $36,7612014Assets 2015: $34,670Liabilities 2015: $0Net Assets 2015: $34,6702015Assets 2016: $62,594Liabilities 2016: $0Net Assets 2016: $62,5942016Assets 2017: $70,807Liabilities 2017: $0Net Assets 2017: $70,8072017Assets 2018: $87,216Liabilities 2018: $0Net Assets 2018: $87,2162018Assets 2019: $120,855Liabilities 2019: $0Net Assets 2019: $120,8552019Assets 2020: $270,713Liabilities 2020: $0Net Assets 2020: $270,7132020Assets 2021: $273,870Liabilities 2021: $7,813Net Assets 2021: $266,0572021Assets 2022: $264,733Liabilities 2022: $9,335Net Assets 2022: $255,3982022Assets 2023: $305,360Liabilities 2023: $20,728Net Assets 2023: $284,6322023Assets 2024: $164,768Liabilities 2024: $18,905Net Assets 2024: $145,8632024

Highlighted filing

2022

Assets$264,733
Liabilities$9,335
Net Assets$255,398
Open 2022 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $2,456Expenses 2012: $1,482Net Income 2012: $9742012Revenue 2013: $24,295Expenses 2013: $12,168Net Income 2013: $12,1272013Revenue 2014: $48,086Expenses 2014: $24,426Net Income 2014: $23,6602014Revenue 2015: $34,899Expenses 2015: $36,990Net Income 2015: -$2,0912015Revenue 2016: $57,205Expenses 2016: $37,110Net Income 2016: $20,0952016Revenue 2017: $86,820Expenses 2017: $78,607Net Income 2017: $8,2132017Revenue 2018: $140,031Expenses 2018: $123,622Net Income 2018: $16,4092018Revenue 2019: $152,509Expenses 2019: $121,325Net Income 2019: $31,1842019Revenue 2020: $377,164Expenses 2020: $240,918Net Income 2020: $136,2462020Revenue 2021: $345,624Expenses 2021: $350,280Net Income 2021: -$4,6562021Revenue 2022: $409,688Expenses 2022: $420,347Net Income 2022: -$10,6592022Revenue 2023: $474,568Expenses 2023: $445,334Net Income 2023: $29,2342023Revenue 2024: $327,195Expenses 2024: $465,964Net Income 2024: -$138,7692024

Highlighted filing

2022

Revenue$409,688
Expenses$420,347
Net Income-$10,659
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 2, 2023
Return Version
2022v5.0
Gross Receipts
$409,688
Mission and Program Overview

Mission

To provide comfort items and programs to support the dreams of children and young adults in foster care and homeless shelters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$233,470$196,765▼ $36,705
Accounts Receivable$40,400$62,075▲ $21,675
Prepaid Expenses and Deferred Charges-$5,893-
Total Assets$273,870$264,733▼ $9,137
Liabilities
Accounts Payable and Accrued Expenses$7,813$9,335▲ $1,522
Total Liabilities$7,813$9,335▲ $1,522
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$266,057$255,398▼ $10,659
Total Net Assets Fund Balance$266,057$255,398▼ $10,659
Total Liabilities and Net Assets / Fund Balance$273,870$264,733▼ $9,137
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Nicole RussellExecutive DirectorFT$85,154$85,154

Board Members and Trustees

NameTitle
Joseph BelluckChairperson
Julie EvansChairperson
Bernadette CatalanaVice Chairperson
Susan KraizgrunSecretary
Angelica AlamTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$409,688
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$162,914
Change in Net Assets
$-10,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$198,752
Other Expenses$184,695
Total Fundraising Expense$101,339
Grants and Similar Amounts Paid$36,900
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$55,350$17,031$12,773$85,154
Other Salaries and Wages$15,832$39,580$23,748$79,160
Other Expenses$5,459-$57,640$57,640
Grants to Domestic Individuals$36,900--$36,900
Other Employee Benefits$9,103$5,150$3,461$17,714
Payroll Taxes$7,245$5,762$3,717$16,724
Office Expenses-$7,643-$7,643
Travel$7,479--$7,479
Fees for Services Other$1,075$4,500-$5,575
Fees for Services Accounting-$5,436-$5,436
All Other Expenses$1,760$3,360-$5,120
Advertising-$276-$276
Total Functional Expenses$230,270$88,738$101,339$420,347
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$240,377$240,377$5,724$234,653
Jr Trivia$6,397$6,397$1,355$5,042
Total Events$246,774$246,774$57,640$189,134
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Governing body decisions Part VI line 7B

“Decisions are subject to board members approval”

Form 990 governing body review Part VI line 11

“The governing body is required to be provided a copy of the form 990 for review prior to it being filed by the accounting firm”

Conflict of interest policy compliance Part VI line 12C

“Adherence to the conflict of interest policy is monitered and enforced by the governing body. There were no incidents during the current year.”

CEO executive director top management comp Part VI line 15A

“The board of directors determines the compensation to officers by the percentage of time devoted to the organization.”

Other officer or key employee compensation Part VI line 15B

“The board of directors determines the compensation to other officers or key employees by the percentage of time devoted to the organization.”

Governing documents etc available to public Part VI line 19

“All public documents of the organization are available to the general public upon requestby email or telephone. The information is also available on the organizations website.”

Filing and Contact Details

Filer

Filer Name
Precious Dreams Foundation
EIN
45-5456961
Address
116 EAST 27TH STREET STE 10TH F, New York, NY 10016

Signing Officer

Name
Nicole Russell
Title
Executive Direc
Phone
3475143833
Signed
2023-06-02
Discuss with paid preparer
No

Organization Details

Formed
2012
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
4

Preparer

Firm
Matthew DiPasquale CPA LLC
Address
572 Route 303, Blauvelt, NY 10913
Preparer
Matthew DiPasquale
Phone
9143193025
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Program management & general fundraising$-0- $4,500 $-0- bookkeeping$1,075 $-0- $-0- other contractors”

General explanation attachment

“Precious dreams foundation is run by dedicated volunteers and one full-time executive director. Sometimes travel or food expenses are covered as compensation for the hard work of our volunteers that work long hours to shop for items, stuff bags and execute our comfort drop program for children across the country.”

Raw XML Appendix397 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07813
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09335
IRS990/AccountsReceivableGrp/BOYAmt040400
IRS990/AccountsReceivableGrp/EOYAmt062075
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE COMFORT ITEMS AND PROGRAMS TO SUPPORT THE DREAMS OF CHILDREN AND YOUNG ADULTS IN FOSTER CARE AND HOMELESS SHELTERS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0276
IRS990/AdvertisingGrp/TotalAmt0276
IRS990/AllOtherContributionsAmt0162914
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03360
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01760
IRS990/AllOtherExpensesGrp/TotalAmt05120
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0NICOLE RUSSELL
IRS990/BooksInCareOfDetail/PhoneNum03475143833
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0116 EAST 27TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010016
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0233470
IRS990/CashNonInterestBearingGrp/EOYAmt0196765
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt012773
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt017031
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt055350
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085154
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0246774
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0409688
IRS990/CYGrantsAndSimilarPaidAmt036900
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0184695
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-10659
IRS990/CYSalariesCompEmpBnftPaidAmt0198752
IRS990/CYTotalExpensesAmt0420347
IRS990/CYTotalFundraisingExpenseAmt0101339
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0409688
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0WE PROVIDED PROGRAMMING TO EMPOWER YOUTH TO SELF-COMFORT AND DISCOVER PATHWAYS TO THEIR DREAMS. PROGRAMS INCLUDE YOGA, JOURNALING, MEDITATION EXERCISES AND PILLOWCASE DECORATING. OUR NEWEST PROGRAM, THE HUMBLE DREAMS INITIATIVE, IS A COHORT FOR TEENS AND YOUNG ADULTS THAT FINANCIAL SUPPORT AND MENTORSHIP TO HELP THEM RECOGNIZE THEIR DREAMS AND BRING THEM TO FRUITION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0230270
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05436
IRS990/FeesForServicesAccountingGrp/TotalAmt05436
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01075
IRS990/FeesForServicesOtherGrp/TotalAmt05575
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0NICOLE RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm1BERNADETTE CATALANA
IRS990/Form990PartVIISectionAGrp/PersonNm2ANGELICA ALAM
IRS990/Form990PartVIISectionAGrp/PersonNm3JULIE EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH BELLUCK
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN KRAIZGRUN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt085154
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0246774
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt036900
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt036900
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0409688
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE COMFORT ITEMS AND PROGRAMS TO SUPPORT THE DREAMS OF CHILDREN AND YOUNG ADULTS IN FOSTER CARE AND HOMELESS SHELTERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0266057
IRS990/NetAssetsOrFundBalancesEOYAmt0255398
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0266057
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0255398
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07643
IRS990/OfficeExpensesGrp/TotalAmt07643
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03461
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05150
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09103
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017714
IRS990/OtherExpensesGrp/Desc0COMFORT ITEMS
IRS990/OtherExpensesGrp/Desc1CHAPTER PROGRAMS & DEVELOP
IRS990/OtherExpensesGrp/Desc2PROGRAM SERVICE FEES
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt057640
IRS990/OtherExpensesGrp/ProgramServicesAmt089594
IRS990/OtherExpensesGrp/ProgramServicesAmt1473
IRS990/OtherExpensesGrp/ProgramServicesAmt25459
IRS990/OtherExpensesGrp/TotalAmt089594
IRS990/OtherExpensesGrp/TotalAmt1473
IRS990/OtherExpensesGrp/TotalAmt25459
IRS990/OtherExpensesGrp/TotalAmt357640
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023748
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039580
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015832
IRS990/OtherSalariesAndWagesGrp/TotalAmt079160
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03717
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05762
IRS990/PayrollTaxesGrp/ProgramServicesAmt07245
IRS990/PayrollTaxesGrp/TotalAmt016724
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05893
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0345624
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0227747
IRS990/PYRevenuesLessExpensesAmt0-4656
IRS990/PYSalariesCompEmpBnftPaidAmt0122533
IRS990/PYTotalExpensesAmt0350280
IRS990/PYTotalRevenueAmt0345624
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-10659
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0168998
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0197019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0208796
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt013571
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt057992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0646376
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0240690
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0148605
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0163008
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0163376
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt094579
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0810258
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01456634
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0409688
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0345624
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0371804
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0176947
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0152571
IRS990ScheduleA/Total509Grp/TotalAmt01456634
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0409688
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0345624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0371804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0176947
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0152571
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01456634
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt057640
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07688
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt07688
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0JR TRIVIA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt024000
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt024000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0240377
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06397
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0246774
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0240377
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06397
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0246774
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0189134
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07079
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05724
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01355
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt018873
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018873
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt036900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GENERAL PROGRAM SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt022
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DECISIONS ARE SUBJECT TO BOARD MEMBERS APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY IS REQUIRED TO BE PROVIDED A COPY OF THE FORM 990 FOR REVIEW PRIOR TO IT BEING FILED BY THE ACCOUNTING FIRM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADHERENCE TO THE CONFLICT OF INTEREST POLICY IS MONITERED AND ENFORCED BY THE GOVERNING BODY. THERE WERE NO INCIDENTS DURING THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION TO OFFICERS BY THE PERCENTAGE OF TIME DEVOTED TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION TO OTHER OFFICERS OR KEY EMPLOYEES BY THE PERCENTAGE OF TIME DEVOTED TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL PUBLIC DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUESTBY EMAIL OR TELEPHONE. THE INFORMATION IS ALSO AVAILABLE ON THE ORGANIZATIONS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROGRAM MANAGEMENT & GENERAL FUNDRAISING$-0- $4,500 $-0- BOOKKEEPING$1,075 $-0- $-0- OTHER CONTRACTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRECIOUS DREAMS FOUNDATION IS RUN BY DEDICATED VOLUNTEERS AND ONE FULL-TIME EXECUTIVE DIRECTOR. SOMETIMES TRAVEL OR FOOD EXPENSES ARE COVERED AS COMPENSATION FOR THE HARD WORK OF OUR VOLUNTEERS THAT WORK LONG HOURS TO SHOP FOR ITEMS, STUFF BAGS AND EXECUTE OUR COMFORT DROP PROGRAM FOR CHILDREN ACROSS THE COUNTRY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7General explanation attachment
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0273870
IRS990/TotalAssetsEOYAmt0264733
IRS990/TotalAssetsGrp/BOYAmt0273870
IRS990/TotalAssetsGrp/EOYAmt0264733
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0409688
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0101339
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088738
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0230270
IRS990/TotalFunctionalExpensesGrp/TotalAmt0420347
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07813
IRS990/TotalLiabilitiesEOYAmt09335
IRS990/TotalLiabilitiesGrp/BOYAmt07813
IRS990/TotalLiabilitiesGrp/EOYAmt09335
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0266057
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0255398
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0230270
IRS990/TotalReportableCompFromOrgAmt085154
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0409688
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0273870
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0264733
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07479
IRS990/TravelGrp/TotalAmt07479
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0PRECIOUSDREAMSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLE RUSSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum03475143833
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRECIOUS DREAMS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PREC
ReturnHeader/Filer/EIN0455456961
ReturnHeader/Filer/USAddress/AddressLine1Txt0116 EAST 27TH STREET STE 10TH F
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010016
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203987537
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Matthew DiPasquale CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0572 Route 303
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Blauvelt
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010913
ReturnHeader/PreparerPersonGrp/PhoneNum09143193025
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Matthew DiPasquale
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-07-13T16:54:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICOLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RUSSELL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$264,733
Liabilities
$9,335
Net assets
$255,398
Revenue
$409,688
Expenses
$420,347
Net income
-$10,659
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.65$0.19$1.46$3.27$4.66$1.39
2023Detailed filing. Detailed filing data is available for this year.$3.05$0.21$2.85$4.75$4.45$0.29
2022Detailed filing. Detailed filing data is available for this year.$2.65$0.09$2.55$4.10$4.20$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.74$0.08$2.66$3.46$3.50$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$3.77$2.41$1.36
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$1.53$1.21$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$1.40$1.24$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.87$0.79$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.57$0.37$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.35$0.37$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.48$0.24$0.24
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.24$0.12$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.02$0.01$0.01
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00