Idream Athletes Foundation

990EZ • Fiscal year 2022 • EIN 47-4130572

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 17, 2023

Organization Profile IDAPH.NET/IDREAM-ATHLETES-FOUNDATION

PO Box 1466Skyland, NC 28776

(828) 684-4501

Siviq Scores

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

0.00x

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

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

0.00x

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

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

-14%

Higher net margin than 12% of similar nonprofits.

2022 filings • NTEE N12 • <$500k nonprofits • Source year 2022

Higher top officer pay than 98% of similar nonprofits.

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

2022 filings • NTEE N12 • <$500k nonprofits • Source year 2022

-7.6%

Faster asset growth than 30% of similar nonprofits.

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

-16%

Faster revenue growth than 18% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets68th percentile

Assets

Down

$4,480

Down $367 (-7.6%) from 2021

Net Assets

Down

$4,480

Down $367 (-7.6%) from 2021

Liabilities

Flat

Flat from 2021

Revenue And Expenses

Liabilities / Revenue68th percentile Net Margin12th percentile

Revenue

Down

$2,594

Down $481 (-16%) from 2021

Expenses

$2,961

Up $611 (+26%) from 2021

Net Income

Down

-$367

Down $1,092 (-151%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

Highlighted filing

2022

Assets$4,480

Liabilities$0

Net Assets$4,480

Open 2022 Filing

Operations Trend

Revenue Growth18th percentile

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

Highlighted filing

2022

Revenue$2,594

Expenses$2,961

Net Income-$367

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: Mar 17, 2023
Return Version: 2022v5.0
Gross Receipts: $2,594

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

Description	Grants	Expenses
IDREAM ATHLETES FOUNDATION WAS ABLE TO PROVIDE SPONSORSHIPS TO IC IMAGINE XC & MTB TEAMS DURING 2022. FUNDS FROM IDREAM ATHLETES FOUNDATION WERE ALSO USED TO SPONSOR MEMBERS OF THE LOCAL COMMUNITY IN TRAINING FOR AND PARTICIPATING IN SPORTING EVENTS.	$2,224	$2,961

Compensation and Service Providers

Top Officer Pay98th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
DAPHNE KIRKWOOD	Director	PT	$0	-	-
STEVEN FRANKLIN	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Idream Athletes Foundation
EIN: 47-4130572
Address: PO BOX 1466, SKYLAND, NC 28776

Signing Officer

Name: Daphne Kirkwood
Title: Director
Phone: 8284507514
Signed: 2023-03-17
Discuss with paid preparer: Yes

Preparer

Firm: Franklin Freeman CPA Pllc
Address: 1998 HENDERSONVILLE RD STE 14, ASHEVILLE, NC 28803-2192
Preparer: Steven D Franklin
Phone: 8286844501

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses computer software 232 usa triathlon membership 155 total 387”

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 sponsorships to ic imagine xc & mtb teams during 2022. Funds from idream athletes foundation were also used to sponsor members of the local community in training for and participating in sporting events.”

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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/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	2224
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IRS990EZ/ScheduleBNotRequiredInd	0	X
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IRS990EZ/TotalRevenueAmt	0	2594
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IRS990EZ/TypeOfOrganizationCorpInd	0	X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	11851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	28005
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	2594
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	28005
IRS990ScheduleA/TotalSupportAmt	0	28005
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES COMPUTER SOFTWARE 232 USA TRIATHLON MEMBERSHIP 155 TOTAL 387
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	IDREAM ATHLETES FOUNDATION WAS ABLE TO PROVIDE SPONSORSHIPS TO IC IMAGINE XC & MTB TEAMS DURING 2022. FUNDS FROM IDREAM ATHLETES FOUNDATION WERE ALSO USED TO SPONSOR MEMBERS OF THE LOCAL COMMUNITY IN TRAINING FOR AND PARTICIPATING IN SPORTING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
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ReturnHeader/PreparerPersonGrp/PreparationDt	0	2023-03-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	STEVEN D FRANKLIN
ReturnHeader/ReturnTs	0	2023-03-25T11:15:40-04:00
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ReturnHeader/TaxPeriodEndDt	0	2022-12-31
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing

Assets: $4,480
Liabilities: $0
Net assets: $4,480
Revenue: $2,594
Expenses: $2,961
Net income: -$367

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$3.17		$3.17	$2.98	$4.82	$1.84
2023Detailed filing. Detailed filing data is available for this year.	$5.01	$0.00	$5.01	$5.98	$5.45	$0.53
2022Detailed filing. Detailed filing data is available for this year.	$4.48	$0.00	$4.48	$2.59	$2.96	$0.37
2021Detailed filing. Detailed filing data is available for this year.	$4.85	$0.00	$4.85	$3.08	$2.35	$0.73
2020Detailed filing. Detailed filing data is available for this year.	$4.12	$0.00	$4.12	$3.20	$1.84	$1.36
2019Detailed filing. Detailed filing data is available for this year.	$2.76	$0.00	$2.76	$7.28	$12.9	$5.65
2018Detailed filing. Detailed filing data is available for this year.	$8.41	$0.00	$8.41	$11.9	$12.6	$0.79
2017Detailed filing. Detailed filing data is available for this year.	$9.20	$0.00	$9.20	$13.4	$12.3	$1.12
2016Detailed filing. Detailed filing data is available for this year.	$8.08	$0.00	$8.08	$24.5	$19.3	$5.24
2015Detailed filing. Detailed filing data is available for this year.	$2.84	$0.00	$2.84	$7.36	$4.52	$2.84