Civic Intelligence

American Dream Fund New York Corp

EIN 81-2870183 • 501(c)3 • Yorktown Heights, NY

Pub. 78 Eligible990-N CoverageNTEE S12

Profile

Assist people to acheive home ownership

879 Hanover StreetYorktown Heights, NY 10598
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.05x

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

NTEE S • <$500k nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Net Margin

21st percentile

-1.3%

Higher net margin than 21% of similar nonprofits.

NTEE S12 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

NTEE S12 • <$500k nonprofits • Source year 2024

Asset Growth

22nd percentile

-25%

Faster asset growth than 22% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

-2.4%

Faster revenue growth than 47% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$1,410

Down $470 (-25%) from 2023

Liabilities

Down

$75

Down $25 (-25%) from 2023

Net Assets

Down

$1,335

Down $445 (-25%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin21st percentile

Revenue

Down

$34,419

Down $830 (-2.4%) from 2023

Expenses

Up

$34,864

Up $1,279 (+3.8%) from 2023

Net Income

Down

-$445

Down $2,109 (-127%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0K$6.0K$4.0K$2.0K$0-$2.0KAssets 2016: $1Liabilities 2016: $989Net Assets 2016: -$9892016Assets 2020: $6,616Liabilities 2020: $3,000Net Assets 2020: $3,6162020Assets 2021: $3,166Liabilities 2021: $3,000Net Assets 2021: $1662021Assets 2022: $6,266Liabilities 2022: $6,150Net Assets 2022: $1162022Assets 2023: $1,880Liabilities 2023: $100Net Assets 2023: $1,7802023Assets 2024: $1,410Liabilities 2024: $75Net Assets 2024: $1,3352024

Highlighted filing

2024

Assets$1,410
Liabilities$75
Net Assets$1,335
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2016: $0Expenses 2016: $989Net Income 2016: -$9892016Revenue 2020: $41,604Expenses 2020: $40,000Net Income 2020: $1,6042020Revenue 2021: $35,550Expenses 2021: $38,600Net Income 2021: -$3,0502021Revenue 2022: $43,450Expenses 2022: $43,500Net Income 2022: -$502022Revenue 2023: $35,249Expenses 2023: $33,585Net Income 2023: $1,6642023Revenue 2024: $34,419Expenses 2024: $34,864Net Income 2024: -$4452024

Highlighted filing

2024

Revenue$34,419
Expenses$34,864
Net Income-$445
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$1,410
Liabilities
$75
Net assets
$1,335
Revenue
$34,419
Expenses
$34,864
Net income
-$445
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.41$0.08$1.34$34.4$34.9$0.45
2023Detailed filing. Detailed filing data is available for this year.$1.88$0.10$1.78$35.2$33.6$1.66
2022Detailed filing. Detailed filing data is available for this year.$6.27$6.15$0.12$43.5$43.5$0.05
2021Detailed filing. Detailed filing data is available for this year.$3.17$3.00$0.17$35.6$38.6$3.05
2020Detailed filing. Detailed filing data is available for this year.$6.62$3.00$3.62$41.6$40.0$1.60
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.99$0.99$0.00$0.99$0.99
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$34,419
Mission and Program Overview

Mission

Assist people to acheive home ownership

Program Services

DescriptionGrantsExpenses
ASSIST PEOPLE IN ACHIEVING THE AMERICAN DREAM OF OWNING THEIR OWN HOME VIA EDUCATION, CREDIT COUNSELING AND FINANCIAL PLANNING-$0
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP DERASMOExecutive DirectorPT$0--
MARIO GAMILOVice President-$0--
LUIGI LAVERGHETTATreasurer-$0--
Filing and Contact Details

Filer

Filer Name
American Dream Fund New York Corp
EIN
81-2870183
In Care Of
% PHILIP DERASMO
Address
879 HANOVER STREET, YORKTOWN HEIGHTS, NY 10598

Signing Officer

Name
Philip Derasmo
Title
Executive Director
Signed
2025-11-15
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountmisc revenue 559”

Description of other expenses Part I line 16

“Description amountfiling fees 199bank service charge 10computer and internet 70professional fees 250”

Description of total liabilities Part II line 26

“Category beginning of year end of yearmisc payable 50 0security deposit 50 75”

Raw XML Appendix126 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PHILIP DERASMO
IRS990EZ/BooksInCareOfDetail/PhoneNum09148743409
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0879 HANOVER STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0YORKTOWN HEIGHTS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010598
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01880
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01410
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-445
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01880
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01410
IRS990EZ/GrossReceiptsAmt034419
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01780
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01335
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01780
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01335
IRS990EZ/OccupancyRentUtltsAndMaintAmt034335
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP DERASMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIO GAMILO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LUIGI LAVERGHETTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0529
IRS990EZ/OtherRevenueTotalAmt0559
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ASSIST PEOPLE TO ACHEIVE HOME OWNERSHIP
IRS990EZ/ProgramServiceRevenueAmt033860
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ASSIST PEOPLE IN ACHIEVING THE AMERICAN DREAM OF OWNING THEIR OWN HOME VIA EDUCATION, CREDIT COUNSELING AND FINANCIAL PLANNING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0100
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt075
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt034864
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt034419
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt035100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt040455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0191865
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0559
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0149
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01708
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99120
IRS990ScheduleA/PublicSupportPY170Pct00.99310
IRS990ScheduleA/PublicSupportTotal170Amt0191865
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt035100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt040455
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0191865
IRS990ScheduleA/TotalSupportAmt0193573
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTMISC REVENUE 559
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTFILING FEES 199BANK SERVICE CHARGE 10COMPUTER AND INTERNET 70PROFESSIONAL FEES 250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARMISC PAYABLE 50 0SECURITY DEPOSIT 50 75
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP DERASMO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN DREAM FUND NEW YORK CORP
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0812870183
ReturnHeader/Filer/InCareOfNm0% PHILIP DERASMO
ReturnHeader/Filer/USAddress/AddressLine1Txt0879 HANOVER STREET
ReturnHeader/Filer/USAddress/CityNm0YORKTOWN HEIGHTS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010598
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02025-11-17T10:09:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.