Civic Intelligence

The Microdreams Foundation Inc.

990 • Fiscal year 2013 • EIN 54-2013523

Jan 01, 2013 to Dec 31, 2013 • Filed on May 21, 2014

60 Park Place Suite 210007102

(973) 230-3678

Siviq Scores

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

Liabilities / Assets

80th percentile

0.32x

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

2013 filings • NTEE Q • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

99th percentile

1.87x

Higher debt load relative to revenue than 99% of similar nonprofits.

2013 filings • NTEE Q • $1M-$5M nonprofits • Source year 2013

Net Margin

19th percentile

-28%

Higher net margin than 19% of similar nonprofits.

2013 filings • NTEE Q • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

33rd percentile

-6.0%

Faster asset growth than 33% of similar nonprofits.

2013 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$1,046,336

Down $66,987 (-6.0%) from 2012

Net Assets

Down

$714,400

Down $49,161 (-6.4%) from 2012

Liabilities

Down

$331,936

Down $17,826 (-5.1%) from 2012

Revenue

$177,407

No earlier filing loaded for comparison.

Expenses

Up

$226,568

Up $186,270 (+462%) from 2012

Net Income

-$49,161

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $847,450Liabilities 2010: $224,886Net Assets 2010: $622,5642010Assets 2011: $1,036,963Liabilities 2011: $405,070Net Assets 2011: $631,8932011Assets 2012: $1,113,323Liabilities 2012: $349,762Net Assets 2012: $763,5612012Assets 2013: $1,046,336Liabilities 2013: $331,936Net Assets 2013: $714,4002013Assets 2014: $1,063,424Liabilities 2014: $324,750Net Assets 2014: $738,6742014Assets 2015: $1,067,771Liabilities 2015: $335,360Net Assets 2015: $732,4112015Assets 2016: $1,208,036Liabilities 2016: $327,233Net Assets 2016: $880,8032016Assets 2017: $1,294,060Liabilities 2017: $316,833Net Assets 2017: $977,2272017Assets 2018: $1,198,956Liabilities 2018: $57,060Net Assets 2018: $1,141,8962018Assets 2019: $1,343,697Liabilities 2019: $17,900Net Assets 2019: $1,325,7972019Assets 2020: $1,588,249Liabilities 2020: $30,706Net Assets 2020: $1,557,5432020Assets 2021: $1,806,799Liabilities 2021: $36,803Net Assets 2021: $1,769,9962021Assets 2022: $2,048,539Liabilities 2022: $24,019Net Assets 2022: $2,024,5202022Assets 2023: $2,363,661Liabilities 2023: $49,832Net Assets 2023: $2,313,8292023Assets 2024: $2,498,854Liabilities 2024: $24,477Net Assets 2024: $2,474,3772024

Highlighted filing

2013

Assets$1,046,336
Liabilities$331,936
Net Assets$714,400

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $174,5602010Expenses 2011: $247,4782011Expenses 2012: $40,2982012Revenue 2013: $177,407Expenses 2013: $226,568Net Income 2013: -$49,1612013Revenue 2014: $292,582Expenses 2014: $268,308Net Income 2014: $24,2742014Revenue 2015: $201,273Expenses 2015: $207,536Net Income 2015: -$6,2632015Revenue 2016: $325,261Expenses 2016: $176,869Net Income 2016: $148,3922016Revenue 2017: $270,965Expenses 2017: $174,541Net Income 2017: $96,4242017Revenue 2018: $263,173Expenses 2018: $98,504Net Income 2018: $164,6692018Revenue 2019: $326,116Expenses 2019: $143,617Net Income 2019: $182,4992019Revenue 2020: $404,092Expenses 2020: $172,298Net Income 2020: $231,7942020Revenue 2021: $363,278Expenses 2021: $151,884Net Income 2021: $211,3942021Revenue 2022: $491,604Expenses 2022: $238,384Net Income 2022: $253,2202022Revenue 2023: $441,749Expenses 2023: $157,064Net Income 2023: $284,6852023Revenue 2024: $387,232Expenses 2024: $227,371Net Income 2024: $159,8612024

Highlighted filing

2013

Revenue$177,407
Expenses$226,568
Net Income-$49,161
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 21, 2014
Return Version
2013v3.0
Gross Receipts
$177,407
Mission and Program Overview

Mission

The microdreams foundation supports small promising microfinance institutions in the developing world to achieve permanency through financial self-sufficiency.

The microdreams foundation provides direct investments, bilateral loans and loan guarantees to highly rated small microfinance institutions, ensuring funds continue to reach entrepeneurs in need throughout the developing world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$852,804$848,936▼ $3,868
Cash and Non-Interest-Bearing Accounts$92,135$118,427▲ $26,292
Savings and Temporary Cash Investments$161,750$70,176▼ $91,574
Land, Buildings, and Equipment, Net$0$7,199▲ $7,199
Pledges and Grants Receivable$6,634$1,550▼ $5,084
Total Assets$1,113,323$1,046,336▼ $66,987
Other Assets Total$0$48▲ $48
Liabilities
Unsecured Notes Loans Payable$300,000$300,000→ $0
Other Liabilities$49,601$31,875▼ $17,726
Accounts Payable and Accrued Expenses$161$61▼ $100
Total Liabilities$349,762$331,936▼ $17,826
Net Assets / Fund Balance
Unrestricted Net Assets$763,561$714,400▼ $49,161
Total Net Assets Fund Balance$763,561$714,400▼ $49,161
Total Liabilities and Net Assets / Fund Balance$1,113,323$1,046,336▼ $66,987

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,199$2,051$9,250
Investment Program Related Org$12,133--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gregory CasagrandePresident
James YoungVice President
Cathleen MclaughlinTrustee
Jerome CasagrandeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Transformative Ventures LLCManagement/consulting Services-$151,957
Revenue and Support

Revenue Composition

Contributions and Grants
$115,164
Program Service Revenue
$75,425
Investment Income
$169
Other Revenue
$-13,351
All Other Contributions
$115,164
Change in Net Assets
$-49,161

Audited Revenue Reconciliation

Revenue per Audited Statements
$177,407
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$18,235
Total Revenue per Audited Statements
$195,642
Total Revenue per Form 990
$177,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$226,568
Total Fundraising Expense$10,806
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$15,196$7,598$22,794
Fees for Services Accounting-$16,308-$16,308
Travel$11,171$886$1,955$14,012
Interest$8,000--$8,000
Advertising$2,652$688$887$4,227
Office Expenses-$868-$868
Other Expenses$30$155$366$551
All Other Expenses$-17,726--$-17,726
Total Functional Expenses$181,661$34,101$10,806$226,568

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$244,803
Expenses per Audited Statements$226,568
Total Expenses per Form 990$226,568
Expenses Not Reported on Form 990$18,235
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$300,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the Pacific - Solomon IslandsProgram ServicesMicrofinance Loans--$180,000
East Asia and the Pacific Island - FijiProgram ServicesMicrofinance Loans--$120,000
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Owned by PresidentConsulting FeesNo$129,163
-Owned by PresidentManagement FeesNo$22,797
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Guarantee Reserves$31,875
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 2

Line 2 explanation - gregory casagrande and jerome casagrande are officers of the organization who are related by blood.

Form 990, Part VI, Section B, Line 11

Line 11a explanation - a copy of the 990 was presented to the organization's governing body via electronic means for comments and feedback prior to filing the final copy of the 990.

Form 990, Part VI, Section C, Line 19

Statements available via online at www.microdreams.org/financials.html or by calling 973-230-3678

Filing and Contact Details

Filer

EIN
54-2013523
Phone
9732303678

Signing Officer

Name
Gregory Casagrande
Title
President
Phone
9732303678
Signed
2014-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Casagrande
Formed
2000
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
6

Preparer

Preparer
Edward C Horton CPA
Phone
9732180500
Raw XML AppendixShowing 400 of 413 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0161
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt061
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MICRODREAMS FOUNDATION PROVIDES DIRECT INVESTMENTS, BILATERAL LOANS AND LOAN GUARANTEES TO HIGHLY RATED SMALL MICROFINANCE INSTITUTIONS, ENSURING FUNDS CONTINUE TO REACH ENTREPENEURS IN NEED THROUGHOUT THE DEVELOPING WORLD.
IRS990/AdvertisingGrp/FundraisingAmt0887
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0688
IRS990/AdvertisingGrp/ProgramServicesAmt02652
IRS990/AdvertisingGrp/TotalAmt04227
IRS990/AllOtherContributionsAmt0115164
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-17726
IRS990/AllOtherExpensesGrp/TotalAmt0-17726
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09732303678
IRS990/BooksInCareOfDetail/USAddress/AddressLine1060 PARK PLACE SUITE 2100
IRS990/BooksInCareOfDetail/USAddress/City0NEWARK
IRS990/BooksInCareOfDetail/USAddress/State0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCode007102
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt092135
IRS990/CashNonInterestBearingGrp/EOYAmt0118427
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0151957
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1060 PARK PLACE SUITE 2100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0NEWARK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode007102
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10TRANSFORMATIVE VENTURES LLC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT/CONSULTING SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0115164
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0169
IRS990/CYOtherExpensesAmt0226568
IRS990/CYOtherRevenueAmt0-13351
IRS990/CYProgramServiceRevenueAmt075425
IRS990/CYRevenuesLessExpensesAmt0-49161
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0226568
IRS990/CYTotalFundraisingExpenseAmt010806
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0177407
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE MICRODREAMS FOUNDATION PROVIDES DIRECT INVESTMENTS, BILATERAL LOANS AND LOAN GUARANTEES TO HIGHLY RATED SMALL MICROFINANCE INSTITUTIONS, ENSURING FUNDS CONTINUE TO REACH ENTREPENEURS IN NEED THROUGHOUT THE DEVELOPING WORLD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0181661
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016308
IRS990/FeesForServicesAccountingGrp/TotalAmt016308
IRS990/FeesForServicesManagementGrp/FundraisingAmt07598
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt015196
IRS990/FeesForServicesManagementGrp/TotalAmt022794
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
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/PersonNm0GREGORY CASAGRANDE
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm2JEROME CASAGRANDE
IRS990/Form990PartVIISectionAGrp/PersonNm3CATHLEEN MCLAUGHLIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0177407
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt08000
IRS990/InterestGrp/TotalAmt08000
IRS990/InvestmentIncomeGrp/ExclusionAmt0169
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0169
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0852804
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0848936
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02051
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07199
IRS990/LandBldgEquipCostOrOtherBssAmt09250
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MICRODREAMS FOUNDATION SUPPORTS SMALL PROMISING MICROFINANCE INSTITUTIONS IN THE DEVELOPING WORLD TO ACHIEVE PERMANENCY THROUGH FINANCIAL SELF-SUFFICIENCY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0763561
IRS990/NetAssetsOrFundBalancesEOYAmt0714400
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0868
IRS990/OfficeExpensesGrp/TotalAmt0868
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt048
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONSULTING FEES
IRS990/OtherExpensesGrp/Desc1LOAN GUARANTEE PROVISIO
IRS990/OtherExpensesGrp/Desc2AMORTIZATION
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/FundraisingAmt0366
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0155
IRS990/OtherExpensesGrp/ProgramServicesAmt0129163
IRS990/OtherExpensesGrp/ProgramServicesAmt146320
IRS990/OtherExpensesGrp/ProgramServicesAmt22051
IRS990/OtherExpensesGrp/ProgramServicesAmt330
IRS990/OtherExpensesGrp/TotalAmt0129163
IRS990/OtherExpensesGrp/TotalAmt146320
IRS990/OtherExpensesGrp/TotalAmt22051
IRS990/OtherExpensesGrp/TotalAmt3551
IRS990/OtherLiabilitiesGrp/BOYAmt049601
IRS990/OtherLiabilitiesGrp/EOYAmt031875
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0FOREIGN CURRENCY LOSS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-13351
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-13351
IRS990/OtherRevenueTotalAmt0-13351
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06634
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01550
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GREGORY CASAGRANDE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0LOAN GUARANTEE INTERES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt075367
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt075367
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE MICRODREAMS FOUNDATION PROVIDES DIRECT INVESTMENTS, BILATERAL LOANS AND LOAN GUARANTEES TO HIGHLY RATED SMALL MICROFINANCE INSTITUTIONS, ENSURING FUNDS CONTINUE TO REACH ENTREPENEURS IN NEED THROUGHOUT THE DEVELOPING WORLD.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt089246
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0232
IRS990/PYOtherExpensesAmt040298
IRS990/PYOtherRevenueAmt05262
IRS990/PYProgramServiceRevenueAmt077226
IRS990/PYRevenuesLessExpensesAmt0131668
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt040298
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0171966
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-49161
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt062074
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0161750
IRS990/SavingsAndTempCashInvstGrp/EOYAmt070176
IRS990ScheduleA/FactsAndCircumstancesTestTxt0AS A RESULT OF CURRENT ECONOMIC CONDITIONS, CONTRIBUTIONS FROM THE GENERAL PUBLIC HAS DECLINED; HOWEVER, THE ORGANIZATION CONTINUES TO RECEIVE OVER 33% OF ITS SUPPORT FROM THE GENERAL PUBLIC UNDER NORMAL CIRCUMSTANCES.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0115364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt089246
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0186882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0374132
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0146427
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0912051
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0275371
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.27510
IRS990ScheduleA/PublicSupportPY170Pct00.29720
IRS990ScheduleA/PublicSupportTotal170Amt0250924
IRS990ScheduleA/SubstantialContributorsTotAmt0661127
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0115364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt089246
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0186882
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0374132
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0146427
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0912051
IRS990ScheduleA/TotalSupportAmt0912051
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/DonatedServicesAndUseFcltsAmt018235
IRS990ScheduleD/DonatedServicesUseFcltsAmt018235
IRS990ScheduleD/ExpensesNotReportedAmt018235
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0226568
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0836803
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt112133
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LOANS RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INTEREST AND FEES RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07199
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02051
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN GUARANTEE RESERVES
IRS990ScheduleD/RevenueNotReportedAmt018235
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0177407
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07199
IRS990ScheduleD/TotalBookValueProgramRltdAmt0848936
IRS990ScheduleD/TotalExpensesPerForm990Amt0226568
IRS990ScheduleD/TotalLiabilityAmt031875
IRS990ScheduleD/TotalRevenuePerForm990Amt0177407
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0195642
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0244803
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0120000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1180000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC ISLAND - FIJI
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC - SOLOMON ISLANDS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0MICROFINANCE LOANS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1MICROFINANCE LOANS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0300000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE MICRODREAMS FOUNDATION RECEIVES PROGRESS REPORTS FROM THE RECIPIENT IN REGARDS TO THE FUNDS EXPENDED.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0300000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10TRANSFORMATIVE VENTURES LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine11TRANSFORMATIVE VENTURES LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNED BY PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OWNED BY PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt022797
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1129163
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT FEES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONSULTING FEES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 2 EXPLANATION - GREGORY CASAGRANDE AND JEROME CASAGRANDE ARE OFFICERS OF THE ORGANIZATION WHO ARE RELATED BY BLOOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11A EXPLANATION - A COPY OF THE 990 WAS PRESENTED TO THE ORGANIZATION'S GOVERNING BODY VIA ELECTRONIC MEANS FOR COMMENTS AND FEEDBACK PRIOR TO FILING THE FINAL COPY OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STATEMENTS AVAILABLE VIA ONLINE AT WWW.MICRODREAMS.ORG/FINANCIALS.HTML OR BY CALLING 973-230-3678
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01113323
IRS990/TotalAssetsEOYAmt01046336
IRS990/TotalAssetsGrp/BOYAmt01113323
IRS990/TotalAssetsGrp/EOYAmt01046336
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0115164
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010806
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034101
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0181661
IRS990/TotalFunctionalExpensesGrp/TotalAmt0226568
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0349762
IRS990/TotalLiabilitiesEOYAmt0331936
IRS990/TotalLiabilitiesGrp/BOYAmt0349762
IRS990/TotalLiabilitiesGrp/EOYAmt0331936
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0763561
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0714400
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt058
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt058
IRS990/TotalProgramServiceExpensesAmt0181661
IRS990/TotalProgramServiceRevenueAmt075425
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0169
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt062074
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0177407
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01113323
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01046336
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01955
IRS990/TravelGrp/ManagementAndGeneralAmt0886
IRS990/TravelGrp/ProgramServicesAmt011171
IRS990/TravelGrp/TotalAmt014012
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0763561
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0714400
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0300000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0300000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1060 PARK PLACE SUITE 2100
IRS990/USAddress/City0NEWARK
IRS990/USAddress/State0NJ
IRS990/USAddress/ZIPCode007102
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.MICRODREAMS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY CASAGRANDE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09732303678
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE MICRODREAMS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MICR
ReturnHeader/Filer/EIN0542013523
ReturnHeader/Filer/PhoneNum09732303678
ReturnHeader/Filer/USAddress/AddressLine1060 PARK PLACE SUITE 2100
ReturnHeader/Filer/USAddress/City0NEWARK
ReturnHeader/Filer/USAddress/State0NJ
ReturnHeader/Filer/USAddress/ZIPCode007102

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.02$2.47$0.39$0.23$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.05$2.31$0.44$0.16$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.02$2.02$0.49$0.24$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.04$1.77$0.36$0.15$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.03$1.56$0.40$0.17$0.23
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.02$1.33$0.33$0.14$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.06$1.14$0.26$0.10$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.32$0.98$0.27$0.17$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.33$0.88$0.33$0.18$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.34$0.73$0.20$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.32$0.74$0.29$0.27$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.05$0.33$0.71$0.18$0.23$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.35$0.76$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.41$0.63$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.22$0.62$0.17