Civic Intelligence

Dreams Will Come True Foundation

990 • Fiscal year 2021 • EIN 47-4510419

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 28, 2022

Organization ProfileN/A
756 Grape AveSunnyvale, CA 94087

(650) 537-1598

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.03x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.59x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

5th percentile

-61%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

31st percentile

0.9%

Faster asset growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-90%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$767,010

Up $6,964 (+0.9%) from 2020

Net Assets

Up

$743,010

Up $6,964 (+0.9%) from 2020

Liabilities

Flat

$24,000

Flat from 2020

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin5th percentile

Revenue

Down

$40,543

Down $351,423 (-90%) from 2020

Expenses

Down

$65,143

Down $77,718 (-54%) from 2020

Net Income

Down

-$24,600

Down $273,705 (-110%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$800K$600K$400K$200K$0Assets 2015: $120,580Liabilities 2015: $02015Assets 2016: $255,215Liabilities 2016: $02016Assets 2017: $324,628Liabilities 2017: $02017Assets 2018: $1Liabilities 2018: $02018Assets 2019: $482,236Liabilities 2019: $0Net Assets 2019: $482,2362019Assets 2020: $760,046Liabilities 2020: $24,000Net Assets 2020: $736,0462020Assets 2021: $767,010Liabilities 2021: $24,000Net Assets 2021: $743,0102021Assets 2022: $678,507Liabilities 2022: $0Net Assets 2022: $678,5072022Assets 2023: $616,449Liabilities 2023: $50,000Net Assets 2023: $566,4492023

Highlighted filing

2021

Assets$767,010
Liabilities$24,000
Net Assets$743,010
Open 2021 Filing

Operations Trend

Revenue Growth1st percentile

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

$400K$200K$0-$200KRevenue 2015: $121,000Expenses 2015: $420Net Income 2015: $120,5802015Revenue 2016: $180,000Expenses 2016: $49,213Net Income 2016: $130,7872016Revenue 2017: $153,220Expenses 2017: $78,677Net Income 2017: $74,5432017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $112,454Expenses 2019: $89,778Net Income 2019: $22,6762019Revenue 2020: $391,966Expenses 2020: $142,861Net Income 2020: $249,1052020Revenue 2021: $40,543Expenses 2021: $65,143Net Income 2021: -$24,6002021Revenue 2022: -$40,043Expenses 2022: $38,725Net Income 2022: -$78,7682022Revenue 2023: $5,663Expenses 2023: $38,692Net Income 2023: -$33,0292023

Highlighted filing

2021

Revenue$40,543
Expenses$65,143
Net Income-$24,600
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 28, 2022
Return Version
2021v4.0
Gross Receipts
$40,543
Mission and Program Overview

Mission

The non-profit organization mission is to help people reach their dreams by providing education and any necessary tools. To achieve this mission, we will provide different educational platforms based on the needs of the participants. For the under-privileged who have desire to improve their lives, we will provide a platform for them to acquire necessry redentials or skills to enable them to reach higher socioeconomic status.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$736,046$743,010▲ $6,964
Savings and Temporary Cash Investments$277,322$590,000▲ $312,678
Investments in Publicly Traded Securities$100,709$129,478▲ $28,769
Cash and Non-Interest-Bearing Accounts$382,015$47,532▼ $334,483
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$760,046$767,010▲ $6,964
Other Assets Total-$0-
Liabilities
Other Liabilities$24,000$24,000→ $0
Total Liabilities$24,000$24,000→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$736,046$743,010▲ $6,964
Total Liabilities and Net Assets / Fund Balance$760,046$767,010▲ $6,964
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Joseph KungPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$40,535
Program Service Revenue
$0
Investment Income
$8
Other Revenue
$0
All Other Contributions
$7,500
Change in Net Assets
$-24,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,143
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$7,431--$7,431
Other Expenses$3,135--$3,135
Fees for Services Accounting$1,500--$1,500
Total Functional Expenses$65,143$0$0$65,143
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Loan$24,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Dreams Will Come True Foundation
EIN
47-4510419
Phone
6505371598
Address
756 GRAPE AVE, SUNNYVALE, CA 94087

Signing Officer

Name
Joseph Kung
Title
President
Signed
2022-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Kung
Formed
2015
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
G C Tax Institute
Address
995 Montague Expwy 212, Milpitas, CA 95035
Preparer
George Chow Ea Mstax
Phone
4089450813
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“1099 MISC: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“AWARD: Column (A) - Total = $200; Column (B) - Program Services = $200; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“BANK FEE: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“CA ATTORNEY GENERAL FEE: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“ETT TAXES: Column (A) - Total = $7; Column (B) - Program Services = $7; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“FTB: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“FUTA TAXES: Column (A) - Total = $42; Column (B) - Program Services = $42; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MEDICAL INSURANCE: Column (A) - Total = $2356; Column (B) - Program Services = $2356; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MEDICARE TAXES: Column (A) - Total = $576; Column (B) - Program Services = $576; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PAYROLL TAX FILING SERVICE: Column (A) - Total = $650; Column (B) - Program Services = $650; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Postage and Shipping: Column (A) - Total = $27; Column (B) - Program Services = $27; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SOCIAL SECURITY TAXES: Column (A) - Total = $2465; Column (B) - Program Services = $2465; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“TAX AND LICENSE: Column (A) - Total = $275; Column (B) - Program Services = $275; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“TAX FILING: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“UI TAXES: Column (A) - Total = $301; Column (B) - Program Services = $301; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“WEB SERVICES: Column (A) - Total = $532; Column (B) - Program Services = $532; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Other Changes In Net Assets Or Fund Balances - Other Increases

“adj. = $31564”

Raw XML Appendix382 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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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt0894737
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt040543
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0391901
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0112293
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0200000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/Total509Grp/TotalAmt0894737
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt040543
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0391966
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0112293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0200000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0894802
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
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SBA LOAN
IRS990ScheduleD/TotalLiabilityAmt024000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21099 MISC: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AWARD: Column (A) - Total = $200; Column (B) - Program Services = $200; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK FEE: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CA ATTORNEY GENERAL FEE: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ETT TAXES: Column (A) - Total = $7; Column (B) - Program Services = $7; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FTB: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FUTA TAXES: Column (A) - Total = $42; Column (B) - Program Services = $42; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEDICAL INSURANCE: Column (A) - Total = $2356; Column (B) - Program Services = $2356; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEDICARE TAXES: Column (A) - Total = $576; Column (B) - Program Services = $576; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PAYROLL TAX FILING SERVICE: Column (A) - Total = $650; Column (B) - Program Services = $650; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Postage and Shipping: Column (A) - Total = $27; Column (B) - Program Services = $27; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13SOCIAL SECURITY TAXES: Column (A) - Total = $2465; Column (B) - Program Services = $2465; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14TAX AND LICENSE: Column (A) - Total = $275; Column (B) - Program Services = $275; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15TAX FILING: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16UI TAXES: Column (A) - Total = $301; Column (B) - Program Services = $301; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17WEB SERVICES: Column (A) - Total = $532; Column (B) - Program Services = $532; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18adj. = $31564
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0760046
IRS990/TotalAssetsEOYAmt0767010
IRS990/TotalAssetsGrp/BOYAmt0760046
IRS990/TotalAssetsGrp/EOYAmt0767010
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt040535
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065143
IRS990/TotalFunctionalExpensesGrp/TotalAmt065143
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024000
IRS990/TotalLiabilitiesEOYAmt024000
IRS990/TotalLiabilitiesGrp/BOYAmt024000
IRS990/TotalLiabilitiesGrp/EOYAmt024000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0736046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0743010
IRS990/TotalProgramServiceExpensesAmt065143
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt040543
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0760046
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0767010
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0756 GRAPE AVE
IRS990/USAddress/CityNm0SUNNYVALE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094087
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH KUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DREAMS WILL COME TRUE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0474510419
ReturnHeader/Filer/PhoneNum06505371598
ReturnHeader/Filer/USAddress/AddressLine1Txt0756 GRAPE AVE
ReturnHeader/Filer/USAddress/CityNm0SUNNYVALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094087
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770510314
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0G C Tax Institute
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0995 Montague Expwy 212
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milpitas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095035
ReturnHeader/PreparerPersonGrp/PhoneNum04089450813
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE CHOW EA MSTAX
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-10-28T13:15:15-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KUNG
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$767,010
Liabilities
$24,000
Net assets
$743,010
Revenue
$40,543
Expenses
$65,143
Net income
-$24,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.50$5.66$0.06$0.39$0.33
2022Detailed filing. Detailed filing data is available for this year.$6.79$0.00$6.79$0.40$0.39$0.79
2021Detailed filing. Detailed filing data is available for this year.$7.67$0.24$7.43$0.41$0.65$0.25
2020Detailed filing. Detailed filing data is available for this year.$7.60$0.24$7.36$3.92$1.43$2.49
2019Detailed filing. Detailed filing data is available for this year.$4.82$0.00$4.82$1.12$0.90$0.23
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$3.25$0.00$1.53$0.79$0.75
2016Summary only. Only limited summary data is available for this year.$2.55$0.00$1.80$0.49$1.31
2015Summary only. Only limited summary data is available for this year.$1.21$0.00$1.21$0.00$1.21