Civic Intelligence

Dream Works Inc.

990 • Fiscal year 2024 • EIN 61-1438878

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 07, 2024

Organization ProfileN/A
PO Box 35211Charlotte, NC 28235

(502) 459-4647

Siviq Scores

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

Liabilities / Assets

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.24x

Higher debt load relative to revenue than 74% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Source year 2024

Net Margin

8th percentile

-42%

Higher net margin than 8% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$84,819

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 120.0% of source-year revenue.

2024 filings • NTEE F • $500k-$1M nonprofits • Source year 2024

Asset Growth

34th percentile

-4.7%

Faster asset growth than 34% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-11%

Faster revenue growth than 26% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$543,380

Down $26,588 (-4.7%) from 2023

Net Assets

Down

$526,364

Down $29,366 (-5.3%) from 2023

Liabilities

Up

$17,016

Up $2,778 (+20%) from 2023

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin8th percentile

Revenue

Down

$70,695

Down $8,537 (-11%) from 2023

Expenses

Down

$100,061

Down $668 (-0.7%) from 2023

Net Income

Down

-$29,366

Down $7,869 (-37%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$800K$600K$400K$200K$0Assets 2011: $747,038Liabilities 2011: $16,012Net Assets 2011: $731,0262011Assets 2012: $726,865Liabilities 2012: $14,648Net Assets 2012: $712,2172012Assets 2013: $707,160Liabilities 2013: $19,253Net Assets 2013: $687,9072013Assets 2014: $692,635Liabilities 2014: $12,424Net Assets 2014: $680,2112014Assets 2015: $678,734Liabilities 2015: $5,264Net Assets 2015: $673,4702015Assets 2016: $668,465Liabilities 2016: $2,074Net Assets 2016: $666,3912016Assets 2017: $666,255Liabilities 2017: $15,434Net Assets 2017: $650,8212017Assets 2018: $652,587Liabilities 2018: $14,815Net Assets 2018: $637,7722018Assets 2019: $634,528Liabilities 2019: $7,115Net Assets 2019: $627,4132019Assets 2020: $612,883Liabilities 2020: $2,770Net Assets 2020: $610,1132020Assets 2021: $597,248Liabilities 2021: $3,256Net Assets 2021: $593,9922021Assets 2022: $584,639Liabilities 2022: $7,412Net Assets 2022: $577,2272022Assets 2023: $569,968Liabilities 2023: $14,238Net Assets 2023: $555,7302023Assets 2024: $543,380Liabilities 2024: $17,016Net Assets 2024: $526,3642024Assets 2025: $530,554Liabilities 2025: $25,244Net Assets 2025: $505,3102025

Highlighted filing

2024

Assets$543,380
Liabilities$17,016
Net Assets$526,364
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $30,153Expenses 2011: $54,335Net Income 2011: -$24,1822011Revenue 2012: $40,038Expenses 2012: $58,847Net Income 2012: -$18,8092012Revenue 2013: $40,035Expenses 2013: $64,345Net Income 2013: -$24,3102013Revenue 2014: $57,159Expenses 2014: $64,855Net Income 2014: -$7,6962014Revenue 2015: $59,236Expenses 2015: $65,977Net Income 2015: -$6,7412015Revenue 2016: $59,242Expenses 2016: $66,321Net Income 2016: -$7,0792016Revenue 2017: $53,083Expenses 2017: $68,653Net Income 2017: -$15,5702017Revenue 2018: $54,950Expenses 2018: $67,999Net Income 2018: -$13,0492018Revenue 2019: $59,266Expenses 2019: $69,625Net Income 2019: -$10,3592019Revenue 2020: $55,809Expenses 2020: $73,109Net Income 2020: -$17,3002020Revenue 2021: $61,794Expenses 2021: $77,915Net Income 2021: -$16,1212021Revenue 2022: $68,454Expenses 2022: $85,219Net Income 2022: -$16,7652022Revenue 2023: $79,232Expenses 2023: $100,729Net Income 2023: -$21,4972023Revenue 2024: $70,695Expenses 2024: $100,061Net Income 2024: -$29,3662024Revenue 2025: $76,982Expenses 2025: $98,036Net Income 2025: -$21,0542025

Highlighted filing

2024

Revenue$70,695
Expenses$100,061
Net Income-$29,366
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$70,695
Mission and Program Overview

Mission

To provide housing for persons with intellectual disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$531,525$516,274▼ $15,251
Cash and Non-Interest-Bearing Accounts$54$539▲ $485
Accounts Receivable$45$105▲ $60
Total Assets$569,968$543,380▼ $26,588
Other Assets Total$38,344$26,462▼ $11,882
Liabilities
Accounts Payable and Accrued Expenses$12,188$15,043▲ $2,855
Other Liabilities$1,975$1,787▼ $188
Deferred Revenue$75$186▲ $111
Total Liabilities$14,238$17,016▲ $2,778
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$555,730$526,364▼ $29,366
Total Net Assets Fund Balance$555,730$526,364▼ $29,366
Total Liabilities and Net Assets / Fund Balance$569,968$543,380▼ $26,588

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$451,928$402,815$854,743
Land$53,560-$53,560
Equipment$8,466$5,530$13,996
Other Land Buildings$2,320$180$2,500
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jenifer FrommeyerExecutive DirectorPT$84,819$84,819

Board Members and Trustees

NameTitle
Donna SchneiterPresident
Joe AmmermanVice President
David C HarrisDirector
Lisa TiemeyerDirector
Michael SauerDirector
Mike MarraDirector
Mitzi WyrickDirector
Sean DowningSecretary
Debby SextonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$70,692
Investment Income
$3
Other Revenue
$0
Change in Net Assets
$-29,366

Audited Revenue Reconciliation

Revenue per Audited Statements
$70,695
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$70,695
Total Revenue per Form 990
$70,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,061
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
Occupancy$57,623--$57,623
Depreciation Depletion$23,504--$23,504
Fees for Services Accounting-$9,766-$9,766
Fees for Services Management-$5,709-$5,709
Office Expenses-$3,226-$3,226
Other Expenses-$81-$81
Total Functional Expenses$81,127$18,934$0$100,061

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$100,061
Total Expenses per Audited Statements$100,061
Total Expenses per Form 990$100,061
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$1,787
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has a management agreement with an affliated organization, dreams with wings,inc.”

Form 990, Part VI, Section A, Line 8B

“Due to the size of the organization and its board of directors, it does not have any sub-committees. The governing body makes all decisions.”

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

“The board of directors reviews form 990 before filing.”

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

“Officers and directors must disclose any conflicts of interests. Business with those interests are monitored.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Dream Works Inc
EIN
61-1438878
Phone
5024594647
Address
PO BOX 35211, CHARLOTTE, NC 28235

Signing Officer

Name
Jenifer Frommeyer
Title
Executive Director
Phone
5024594647
Signed
2024-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenifer Frommeyer
Formed
2002
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
9300 SHELBYVILLE ROAD SUITE 1100, LOUISVILLE, KY 40222-5187
Preparer
Melinda L Heck
Phone
5024269660
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

“The selection of an independent auditor is approved by the board of directors of the organization.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal, kentucky and local income taxes as a not-for-profit corporation as described under internal revenue code section 501(c)(3). The organization files an informational tax return in the u.s. Federal jurisdiction and with the kentucky office of the attorney general. However, income from certain activities not directly related to the organization's tax-exempt purpose may be subject to taxation as unrelated business income. Management does not believe that the organization has unrelated business income for the years ended june 30, 2024 and 2023. As of june 30, 2024 and 2023, the organization did not have any accrued interest or penalties related to income tax liabilities, and no interest or penalties have been charged to operations for the years then ended.”

Raw XML AppendixShowing 400 of 454 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012188
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015043
IRS990/AccountsReceivableGrp/BOYAmt045
IRS990/AccountsReceivableGrp/EOYAmt0105
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING FOR PERSONS WITH INTELLECTUAL DISABILITIES.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENIFER FROMMEYER - EXECUTIVE DIREC
IRS990/BooksInCareOfDetail/PhoneNum05024594647
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01579 BARDSTOWN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040205
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt054
IRS990/CashNonInterestBearingGrp/EOYAmt0539
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03
IRS990/CYOtherExpensesAmt0100061
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt070692
IRS990/CYRevenuesLessExpensesAmt0-29366
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0100061
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt070695
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt075
IRS990/DeferredRevenueGrp/EOYAmt0186
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt023504
IRS990/DepreciationDepletionGrp/TotalAmt023504
IRS990/Desc0TO PROVIDE HOUSING FOR PERSONS WITH INTELLECTUAL DISABILITES. RENTAL INCOME IS PAID BY RESIDENTS AND RENT SUBSIDIES ARE RECEIVED FROM HUD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt081127
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09766
IRS990/FeesForServicesAccountingGrp/TotalAmt09766
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt05709
IRS990/FeesForServicesManagementGrp/TotalAmt05709
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt910.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt96167
IRS990/Form990PartVIISectionAGrp/PersonNm0MITZI WYRICK
IRS990/Form990PartVIISectionAGrp/PersonNm1DEBBY SEXTON
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID C HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm3DONNA SCHNEITER
IRS990/Form990PartVIISectionAGrp/PersonNm4SEAN DOWNING
IRS990/Form990PartVIISectionAGrp/PersonNm5JOE AMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MIKE MARRA
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL SAUER
IRS990/Form990PartVIISectionAGrp/PersonNm8LISA TIEMEYER
IRS990/Form990PartVIISectionAGrp/PersonNm9JENIFER FROMMEYER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt978652
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt070695
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0408525
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0531525
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0516274
IRS990/LandBldgEquipCostOrOtherBssAmt0924799
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING FOR PERSONS WITH INTELLECTUAL DISABILITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0555730
IRS990/NetAssetsOrFundBalancesEOYAmt0526364
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0555730
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0526364
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt057623
IRS990/OccupancyGrp/TotalAmt057623
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03226
IRS990/OfficeExpensesGrp/TotalAmt03226
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038344
IRS990/OtherAssetsTotalGrp/EOYAmt026462
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT/TRAIN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0152
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt181
IRS990/OtherExpensesGrp/TotalAmt0152
IRS990/OtherExpensesGrp/TotalAmt181
IRS990/OtherLiabilitiesGrp/BOYAmt01975
IRS990/OtherLiabilitiesGrp/EOYAmt01787
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JENIFER FROMMEYER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT RENTALS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt070692
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt070692
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09665
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03
IRS990/PYOtherExpensesAmt0100729
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt069564
IRS990/PYRevenuesLessExpensesAmt0-21497
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0100729
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt079232
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-29366
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt070695
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt09665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09665
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0126
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt070692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt069564
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt068448
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt061780
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt055709
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0326193
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0126
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99800
IRS990ScheduleA/PublicSupportTotal509Amt0335858
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt070692
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt079229
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt068448
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt061780
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt055709
IRS990ScheduleA/Total509Grp/TotalAmt0335858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt070695
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt079232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt068454
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt061794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt055809
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0335984
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0451928
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0402815
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0854743
IRS990ScheduleD/EquipmentGrp/BookValueAmt08466
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05530
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013996
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0100061
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt053560
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt053560
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02320
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0180
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01787
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt070695
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL, KENTUCKY AND LOCAL INCOME TAXES AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION FILES AN INFORMATIONAL TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE KENTUCKY OFFICE OF THE ATTORNEY GENERAL. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT DOES NOT BELIEVE THAT THE ORGANIZATION HAS UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. AS OF JUNE 30, 2024 AND 2023, THE ORGANIZATION DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES RELATED TO INCOME TAX LIABILITIES, AND NO INTEREST OR PENALTIES HAVE BEEN CHARGED TO OPERATIONS FOR THE YEARS THEN ENDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0516274
IRS990ScheduleD/TotalExpensesPerForm990Amt0100061
IRS990ScheduleD/TotalLiabilityAmt01787
IRS990ScheduleD/TotalRevenuePerForm990Amt070695
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt070695
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0100061
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH AN AFFLIATED ORGANIZATION, DREAMS WITH WINGS,INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE TO THE SIZE OF THE ORGANIZATION AND ITS BOARD OF DIRECTORS, IT DOES NOT HAVE ANY SUB-COMMITTEES. THE GOVERNING BODY MAKES ALL DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND DIRECTORS MUST DISCLOSE ANY CONFLICTS OF INTERESTS. BUSINESS WITH THOSE INTERESTS ARE MONITORED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SELECTION OF AN INDEPENDENT AUDITOR IS APPROVED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0DREAMS WITH WINGS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DREAMS WITH WINGS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BUILDING DREAMS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0611371540
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1208175343
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE HOUSING, JOB & LIFE SKILLS FOR THOSE WITH INTELLECTUAL DISABILITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE HOUSING FOR PERSONS WITH INTELLECTUAL DISABILITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1509(A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01579 BARDSTOWN ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11579 BARDSTOWN ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd040205
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd140205
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0569968
IRS990/TotalAssetsEOYAmt0543380
IRS990/TotalAssetsGrp/BOYAmt0569968
IRS990/TotalAssetsGrp/EOYAmt0543380
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018934
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt081127
IRS990/TotalFunctionalExpensesGrp/TotalAmt0100061
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014238
IRS990/TotalLiabilitiesEOYAmt017016
IRS990/TotalLiabilitiesGrp/BOYAmt014238
IRS990/TotalLiabilitiesGrp/EOYAmt017016
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0555730

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$543,380
Liabilities
$17,016
Net assets
$526,364
Revenue
$70,695
Expenses
$100,061
Net income
-$29,366
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$0.25$5.05$0.77$0.98$0.21
2024Detailed filing. Detailed filing data is available for this year.$5.43$0.17$5.26$0.71$1.00$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.70$0.14$5.56$0.79$1.01$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.85$0.07$5.77$0.68$0.85$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.97$0.03$5.94$0.62$0.78$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.13$0.03$6.10$0.56$0.73$0.17
2019Summary only. Only limited summary data is available for this year.$6.35$0.07$6.27$0.59$0.70$0.10
2018Summary only. Only limited summary data is available for this year.$6.53$0.15$6.38$0.55$0.68$0.13
2017Summary only. Only limited summary data is available for this year.$6.66$0.15$6.51$0.53$0.69$0.16
2016Summary only. Only limited summary data is available for this year.$6.68$0.02$6.66$0.59$0.66$0.07
2015Summary only. Only limited summary data is available for this year.$6.79$0.05$6.73$0.59$0.66$0.07
2014Summary only. Only limited summary data is available for this year.$6.93$0.12$6.80$0.57$0.65$0.08
2013Summary only. Only limited summary data is available for this year.$7.07$0.19$6.88$0.40$0.64$0.24
2012Summary only. Only limited summary data is available for this year.$7.27$0.15$7.12$0.40$0.59$0.19
2011Summary only. Only limited summary data is available for this year.$7.47$0.16$7.31$0.30$0.54$0.24