Civic Intelligence

Idream Athletes Foundation

990EZ • Fiscal year 2017 • EIN 47-4130572

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 08, 2018

240 Old Airport RdFletcher, NC 28732

(828) 450-7514

Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Net Margin

64th percentile

8.3%

Higher net margin than 64% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Asset Growth

67th percentile

14%

Faster asset growth than 67% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-45%

Faster revenue growth than 5% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$9,200

Up $1,120 (+14%) from 2016

Net Assets

Up

$9,200

Up $1,120 (+14%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$13,436

Down $11,087 (-45%) from 2016

Expenses

Down

$12,317

Down $6,969 (-36%) from 2016

Net Income

Down

$1,119

Down $4,118 (-79%) from 2016

Historical Trend

Balance Sheet Trend

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

$10K$5.0K$0Assets 2015: $2,843Liabilities 2015: $0Net Assets 2015: $2,8432015Assets 2016: $8,080Liabilities 2016: $0Net Assets 2016: $8,0802016Assets 2017: $9,200Liabilities 2017: $0Net Assets 2017: $9,2002017Assets 2018: $8,412Liabilities 2018: $0Net Assets 2018: $8,4122018Assets 2019: $2,763Liabilities 2019: $0Net Assets 2019: $2,7632019Assets 2020: $4,122Liabilities 2020: $0Net Assets 2020: $4,1222020Assets 2021: $4,847Liabilities 2021: $0Net Assets 2021: $4,8472021Assets 2022: $4,480Liabilities 2022: $0Net Assets 2022: $4,4802022Assets 2023: $5,011Liabilities 2023: $0Net Assets 2023: $5,0112023Assets 2024: $3,167Net Assets 2024: $3,1672024

Highlighted filing

2017

Assets$9,200
Liabilities$0
Net Assets$9,200

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2015: $7,360Expenses 2015: $4,517Net Income 2015: $2,8432015Revenue 2016: $24,523Expenses 2016: $19,286Net Income 2016: $5,2372016Revenue 2017: $13,436Expenses 2017: $12,317Net Income 2017: $1,1192017Revenue 2018: $11,851Expenses 2018: $12,639Net Income 2018: -$7882018Revenue 2019: $7,284Expenses 2019: $12,933Net Income 2019: -$5,6492019Revenue 2020: $3,201Expenses 2020: $1,842Net Income 2020: $1,3592020Revenue 2021: $3,075Expenses 2021: $2,350Net Income 2021: $7252021Revenue 2022: $2,594Expenses 2022: $2,961Net Income 2022: -$3672022Revenue 2023: $5,980Expenses 2023: $5,449Net Income 2023: $5312023Revenue 2024: $2,977Expenses 2024: $4,821Net Income 2024: -$1,8442024

Highlighted filing

2017

Revenue$13,436
Expenses$12,317
Net Income$1,119
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 8, 2018
Return Version
2017v2.2
Gross Receipts
$13,436
Mission and Program Overview

Mission

It is the mission, duty and purpose of idream athletes foundation to provide opportunities for western north carolina youth and adults who are unable to pay for sporting event fees, coaching, travel expenses and/or equipment to train for and/or participate in sporting events.

Program Services

DescriptionGrantsExpenses
IDREAM ATHLETES FOUNDATION WAS ABLE TO PROVIDE INDIVIDUALS WITH RACE ENTRY FEES. THERE WERE GROUP RIDES SPONSORED TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS THE OPPORTUNITY TO RIDE IN A NON RACE SETTING. A WINTER SWIM LEAGUE WAS ESTABLISHED TO PROVIDE SWIMMING OPPORTUNITIES TO ATHLETES IN A NON COMPETITIVE MANNER.-$12,317
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAPHNE KIRKWOODDirector-$0--
Filing and Contact Details

Filer

Filer Name
Idream Athletes Foundation
EIN
47-4130572
Address
240 OLD AIRPORT RD, FLETCHER, NC 28732

Signing Officer

Name
Daphne Kirkwood
Title
Director
Phone
8284507514
Signed
2018-02-08
Discuss with paid preparer
Yes

Preparer

Firm
Herbert C Freeman CPA Pc
Address
1998 HENDERSONVILLE RD STE 14, ASHEVILLE, NC 28803-2192
Preparer
Herbert C Freeman
Phone
8286844501
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses sponsorships 1,400 office expense 155 business registration 450 race expenses 5,508 bank service charge 19 sales tax 235 total 7,767

Form 990-ez, Part II, Line 24

Accounts receivable 1,500 0 total 1,500 0

Form 990-ez, Part III

It is the mission, duty and purpose of idream athletes foundation to provide opportunities for western north carolina youth and adults who are unable to pay for sporting event fees, coaching, travel expenses and/or equipment to train for and/or participate in sporting events.

Form 990-ez, Part III, Line 28

Idream athletes foundation was able to provide individuals with race entry fees. There were group rides sponsored to provide opportunities for individuals the opportunity to ride in a non race setting. A winter swim league was established to provide swimming opportunities to athletes in a non competitive manner.

Raw XML Appendix119 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FLETCHER
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021142
IRS990ScheduleA/TotalSupportAmt021142
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SPONSORSHIPS 1,400 OFFICE EXPENSE 155 BUSINESS REGISTRATION 450 RACE EXPENSES 5,508 BANK SERVICE CHARGE 19 SALES TAX 235 TOTAL 7,767
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 1,500 0 TOTAL 1,500 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IT IS THE MISSION, DUTY AND PURPOSE OF IDREAM ATHLETES FOUNDATION TO PROVIDE OPPORTUNITIES FOR WESTERN NORTH CAROLINA YOUTH AND ADULTS WHO ARE UNABLE TO PAY FOR SPORTING EVENT FEES, COACHING, TRAVEL EXPENSES AND/OR EQUIPMENT TO TRAIN FOR AND/OR PARTICIPATE IN SPORTING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IDREAM ATHLETES FOUNDATION WAS ABLE TO PROVIDE INDIVIDUALS WITH RACE ENTRY FEES. THERE WERE GROUP RIDES SPONSORED TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS THE OPPORTUNITY TO RIDE IN A NON RACE SETTING. A WINTER SWIM LEAGUE WAS ESTABLISHED TO PROVIDE SWIMMING OPPORTUNITIES TO ATHLETES IN A NON COMPETITIVE MANNER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings