Civic Intelligence

Dream Hunt Foundation Inc.

990 • Fiscal year 2023 • EIN 46-2680999

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 07, 2024

315 Deer CrossingStonewall, LA 71078

(318) 455-9797

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

31st percentile

0.02x

Higher debt load relative to revenue than 31% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

82nd percentile

31%

Higher net margin than 82% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$104,599

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

70th percentile

14%

Faster asset growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-1.6%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,441,748

Up $182,301 (+14%) from 2022

Net Assets

Up

$1,431,638

Up $175,348 (+14%) from 2022

Liabilities

Up

$10,110

Up $6,953 (+220%) from 2022

Revenue

Down

$566,377

Down $9,391 (-1.6%) from 2022

Expenses

Up

$390,890

Up $45,169 (+13%) from 2022

Net Income

Down

$175,487

Down $54,560 (-24%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $101,974Net Assets 2014: $101,9742014Assets 2015: $196,704Liabilities 2015: $870Net Assets 2015: $195,8342015Assets 2016: $283,203Liabilities 2016: $319Net Assets 2016: $282,8842016Assets 2017: $340,103Liabilities 2017: $808Net Assets 2017: $339,2952017Assets 2018: $408,039Liabilities 2018: $1,611Net Assets 2018: $406,4282018Assets 2019: $551,496Liabilities 2019: $223Net Assets 2019: $551,2732019Assets 2020: $762,485Liabilities 2020: $53,979Net Assets 2020: $708,5062020Assets 2021: $1,033,056Liabilities 2021: $2,011Net Assets 2021: $1,031,0452021Assets 2022: $1,259,447Liabilities 2022: $3,157Net Assets 2022: $1,256,2902022Assets 2023: $1,441,748Liabilities 2023: $10,110Net Assets 2023: $1,431,6382023Assets 2024: $1,620,044Liabilities 2024: $19,288Net Assets 2024: $1,600,7562024

Highlighted filing

2023

Assets$1,441,748
Liabilities$10,110
Net Assets$1,431,638

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2014: $131,833Expenses 2014: $32,286Net Income 2014: $99,5472014Revenue 2015: $180,545Expenses 2015: $86,685Net Income 2015: $93,8602015Revenue 2016: $183,091Expenses 2016: $96,041Net Income 2016: $87,0502016Revenue 2017: $204,501Expenses 2017: $142,646Net Income 2017: $61,8552017Revenue 2018: $238,302Expenses 2018: $165,249Net Income 2018: $73,0532018Revenue 2019: $433,986Expenses 2019: $294,151Net Income 2019: $139,8352019Revenue 2020: $676,639Expenses 2020: $335,443Net Income 2020: $341,1962020Revenue 2021: $632,868Expenses 2021: $318,192Net Income 2021: $314,6762021Revenue 2022: $575,768Expenses 2022: $345,721Net Income 2022: $230,0472022Revenue 2023: $566,377Expenses 2023: $390,890Net Income 2023: $175,4872023Revenue 2024: $659,792Expenses 2024: $490,294Net Income 2024: $169,4982024

Highlighted filing

2023

Revenue$566,377
Expenses$390,890
Net Income$175,487
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$824,008
Mission and Program Overview

Mission

NONE

Dream hunt foundation desires to take kids on the hunt of a lifetime. We want to provide them a positive experience in a tough season of their life, teach them principles from a trusted adult that goes beyond the hunt, & create a platform to share the hope we have in christ.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,256,290$1,431,638▲ $175,348
Land, Buildings, and Equipment, Net$130,000$883,735▲ $753,735
Savings and Temporary Cash Investments$538,256$291,191▼ $247,065
Cash and Non-Interest-Bearing Accounts$132,528$157,588▲ $25,060
Investments in Publicly Traded Securities$105,332$109,234▲ $3,902
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,259,447$1,441,748▲ $182,301
Other Assets Total$353,331$0▼ $353,331
Liabilities
Accounts Payable and Accrued Expenses$3,157$10,110▲ $6,953
Total Liabilities$3,157$10,110▲ $6,953
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,256,290$1,431,638▲ $175,348
Total Liabilities and Net Assets / Fund Balance$1,259,447$1,441,748▲ $182,301

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$749,583$4,026$753,609
Land$130,000-$130,000
Equipment$2,928$12,481$15,409
Other Land Buildings$1,224$4,976$6,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeff WarrenExecutive DirectorFT$104,599$104,599

Board Members and Trustees

NameTitle
Jayson RichardsonChairperson
Keith RatcliffDirector
Chris SolomonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$353,618
Program Service Revenue
$0
Investment Income
$6,949
Other Revenue
$205,810
All Other Contributions
$21,889
Change in Net Assets
$175,487
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,108
Salaries, Compensation, and Employee Benefits$168,782
Total Fundraising Expense$13,140
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$81,587$16,736$6,276$104,599
Other Salaries and Wages$40,707$8,350$3,131$52,188
Insurance$22,202$5,550-$27,752
Travel$11,264$13,548$867$25,679
Depreciation Depletion$10,742$10,741-$21,483
Occupancy-$21,253-$21,253
Information Technology$11,069$2,271$851$14,191
Payroll Taxes$9,356$1,919$720$11,995
Other Expenses$4,336$3,292$1,234$4,336
Fees for Services Accounting-$2,833-$2,833
All Other Expenses$795$202$61$1,058
Fees for Service Investment Mgmnt Fees-$723-$723
Fees for Services Other$32$594-$626
Total Functional Expenses$289,738$88,012$13,140$390,890
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$312,546
Fundraising Direct Expenses$204,517
Gaming Gross Income$130,714
Gaming Direct Expenses$33,359
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner & Auction$499,551$296,007$13,392$282,615
Golf Tournament$74,644$4,359$10,754$-6,395
Total Events$644,275$312,546$204,517$108,029
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Board members elect other board members by motion and unanimous vote

Form 990, Part VI, Section B, Line 11B

One board member who is a cpa reviews the financials and all documentation in comparison to the form 990 draft and reports to the full board. If no discrepencies are noted, the 990 is signed by the treasurer and filed with the irs.

Form 990, Part VI, Section B, Line 12C

All board members are required to disclose any conflicts of interests. If any arise, the board evaluates the relationship and votes on whether to continue with the transaction. The board member with the conflict abstains from voting on the issue

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dream Hunt Foundation Inc
EIN
46-2680999
Phone
3184559797
Address
315 DEER CROSSING, STONEWALL, LA 71078

Signing Officer

Name
Chris Solomon
Title
Treasurer
Phone
3184559797
Signed
2024-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Solomon
Formed
2013
Legal Domicile
La
Voting Board Members
4
Independent Board Members
3
Employees
2
Volunteers
500

Preparer

Firm
Heard Mcelroy & Vestal LLC
Address
333 TEXAS STREET SUITE 1525, SHREVEPORT, LA 71101
Preparer
Jennifer M Hill
Phone
3184291525
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01649152
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06644
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02747
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0779
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02582
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04198
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016950
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85900
IRS990ScheduleA/PublicSupportPY170Pct00.89800
IRS990ScheduleA/PublicSupportTotal170Amt01431131
IRS990ScheduleA/SubstantialContributorsTotAmt0218021
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0353618
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0321425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0333967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0452972
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0187170
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01649152
IRS990ScheduleA/TotalSupportAmt01666102
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0749583
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04026
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0753609
IRS990ScheduleD/EquipmentGrp/BookValueAmt02928
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012481
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015409
IRS990ScheduleD/LandGrp/BookValueAmt0130000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0130000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01224
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04976
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06200
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0883735
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0331729
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0203544
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt070285
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt057900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0204517
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt02500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL DINNER & AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt036380
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt02664
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0696
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt039740
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0499551
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt074644
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt070080
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0644275
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0296007
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt04359
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt012180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0312546
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0108029
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt095446
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt095446
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt04641
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt028787
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013392
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt010754
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt015298
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt011984
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt010762
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt038044
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt033359
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0130714
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0130714
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt097355
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt032840
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt032840
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt0519
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0519
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/StatesWhereGamingConductedCd0LA
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS ELECT OTHER BOARD MEMBERS BY MOTION AND UNANIMOUS VOTE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONE BOARD MEMBER WHO IS A CPA REVIEWS THE FINANCIALS AND ALL DOCUMENTATION IN COMPARISON TO THE FORM 990 DRAFT AND REPORTS TO THE FULL BOARD. IF NO DISCREPENCIES ARE NOTED, THE 990 IS SIGNED BY THE TREASURER AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTERESTS. IF ANY ARISE, THE BOARD EVALUATES THE RELATIONSHIP AND VOTES ON WHETHER TO CONTINUE WITH THE TRANSACTION. THE BOARD MEMBER WITH THE CONFLICT ABSTAINS FROM VOTING ON THE ISSUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01259447
IRS990/TotalAssetsEOYAmt01441748
IRS990/TotalAssetsGrp/BOYAmt01259447
IRS990/TotalAssetsGrp/EOYAmt01441748
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0353618
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013140
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088012
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0289738
IRS990/TotalFunctionalExpensesGrp/TotalAmt0390890
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03157
IRS990/TotalLiabilitiesEOYAmt010110
IRS990/TotalLiabilitiesGrp/BOYAmt03157
IRS990/TotalLiabilitiesGrp/EOYAmt010110
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01256290
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01431638
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0289738
IRS990/TotalReportableCompFromOrgAmt0104599
IRS990/TotalRevenueGrp/ExclusionAmt0212759
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0566377
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01259447
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01441748
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0867
IRS990/TravelGrp/ManagementAndGeneralAmt013548
IRS990/TravelGrp/ProgramServicesAmt011264

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