Civic Intelligence

Dream Life Inc.

990EZ • Fiscal year 2020 • EIN 81-3801278

Jan 01, 2020 to Dec 31, 2020 • Filed on May 10, 2021

672 Hildabrand RoadOcoee, TN 37361

(602) 999-5905

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

38th percentile

-1.4%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

21st percentile

-18%

Faster asset growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-58%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$4,381

Down $956 (-18%) from 2019

Net Assets

$4,381

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$83,968

Down $115,120 (-58%) from 2019

Expenses

Down

$85,178

Down $114,592 (-57%) from 2019

Net Income

Down

-$1,210

Down $528 (-77%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $12,958Liabilities 2016: $0Net Assets 2016: $12,9582016Assets 2017: $8,243Liabilities 2017: $0Net Assets 2017: $8,2432017Assets 2018: $6,033Liabilities 2018: $142018Assets 2019: $5,337Liabilities 2019: $02019Assets 2020: $4,381Net Assets 2020: $4,3812020Assets 2021: $482,990Liabilities 2021: $467,429Net Assets 2021: $15,5612021Assets 2022: $504,117Liabilities 2022: $441,799Net Assets 2022: $62,3182022Assets 2023: $551,673Liabilities 2023: $415,207Net Assets 2023: $136,4662023Assets 2024: $492,592Liabilities 2024: $387,187Net Assets 2024: $105,4052024

Highlighted filing

2020

Assets$4,381
Liabilities-
Net Assets$4,381

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $479,711Expenses 2016: $466,753Net Income 2016: $12,9582016Revenue 2017: $23,308Expenses 2017: $28,022Net Income 2017: -$4,7142017Revenue 2018: $44,586Expenses 2018: $46,810Net Income 2018: -$2,2242018Revenue 2019: $199,088Expenses 2019: $199,770Net Income 2019: -$6822019Revenue 2020: $83,968Expenses 2020: $85,178Net Income 2020: -$1,2102020Revenue 2021: $201,912Expenses 2021: $190,479Net Income 2021: $11,4332021Revenue 2022: $316,329Expenses 2022: $269,573Net Income 2022: $46,7562022Revenue 2023: $426,799Expenses 2023: $352,651Net Income 2023: $74,1482023Revenue 2024: $101,128Expenses 2024: $167,236Net Income 2024: -$66,1082024

Highlighted filing

2020

Revenue$83,968
Expenses$85,178
Net Income-$1,210
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 10, 2021
Return Version
2020v4.1
Gross Receipts
$83,968
Mission and Program Overview

Mission

To spread the Gospel of Jesus Christ, our Lord and Savior

To spread the Gospel of Jesus Christ

Program Services

DescriptionGrantsExpenses
To spread the Gospel of Jesus Christ, our Lord and Savior,through preaching, teaching and evangelizing using anymedia available.$0$85,178
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eddie JamesPresidentPT$0--
Edward S James SrVice PresidentPT$0--
Naomi StewartSecretary/TreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Dream Life Inc
EIN
81-3801278
Phone
6029995905
Address
672 Hildabrand Road, Ocoee, TN 37361

Signing Officer

Name
Eddie James
Title
President
Phone
6029995905
Signed
2021-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Chitwood & Chitwood
Address
5746 Marlin Road Suite 500, Chattanooga, TN 37411
Preparer
H Michael Chitwood
Phone
4238924882
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Edward S James, Sr. and Eddie James are father and son.

Pt VI, Line 8A

All meetings of the board are memorialized with minutes.

Pt VI, Line 8B

There are no committees with the authority to act on behalf of the board.

Pt VI, Line 11B

A copy of the completed IRS form 990 was given to each member of the Board of Directors for review prior to signing and submission.

Pt VI, Line 12C

All issues requiring a decision by the board are reviewed conflicts of interest before a vote is taken.

Pt VI, Line 15A

When there is an issue with the compensation of the CEO the board obtains information from a third party concerning salaries and reviews the Housing Allowance Request prior to any approval.

Pt VI, Line 15B

There are no paid employees. However, when an enployee is hired the wages will be set commensurate with other local clerical wages.

Pt VI, Line 18

After submission to the Internal Revenue Service copies of the IRS form 990 are available at: www.guidestar.org

Pt VI, Line 19

Public documents for the ministry are available at the office of the ministry upon request by appointment during normal business hours.

Form 990EZ, Part I, Line 8

From Affiliates: Eddie James Productions 2800.

Form 990EZ, Part I, Line 8

Eddie James Ministries 43141.

Form 990EZ, Part I, Line 16

Advertising & Promotion 666.

Form 990EZ, Part I, Line 16

Auto Expenses 13478.

Form 990EZ, Part I, Line 16

Bank Service Charges 377.

Form 990EZ, Part I, Line 16

IT Expense 222.

Form 990EZ, Part I, Line 16

Depreciation 2239.

Form 990EZ, Part I, Line 16

Travel 7621.

Form 990EZ, Part I, Line 16

Laundry & Uniforms 1166.

Form 990EZ, Part I, Line 16

Licenses & Permits 852.

Form 990EZ, Part I, Line 16

Food 11173.

Form 990EZ, Part I, Line 16

Benevolence 199.

Form 990EZ, Part I, Line 16

Office Supplies 392.

Form 990EZ, Part I, Line 16

Fellowship Activities 136.

Form 990EZ, Part I, Line 16

Equipment Rental

Form 990EZ, Part I, Line 16

Ministry Supplies 14755.

Form 990EZ, Part I, Line 16

Outside Service to EJP 250.

Form 990EZ, Part I, Line 16

Honorariums 520.

Form 990EZ, Part I, Line 16

Ministry of Helps 122.

Form 990EZ, Part I, Line 16

Donations to EJM 12009.

Form 990EZ, Part I, Line 20

Employee FICA Taxes 254.

Form 990EZ, Part II, Line 24

Musical Equipment 275.

Form 990EZ, Part II, Line 24

Audio Equipment 247.

Form 990EZ, Part II, Line 24

Other Equipment 3948.

Raw XML Appendix224 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
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IRS990ScheduleA/Total509Grp/TotalAmt0631573
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Edward S James, Sr. and Eddie James are father and son.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All meetings of the board are memorialized with minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There are no committees with the authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A copy of the completed IRS form 990 was given to each member of the Board of Directors for review prior to signing and submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All issues requiring a decision by the board are reviewed conflicts of interest before a vote is taken.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5When there is an issue with the compensation of the CEO the board obtains information from a third party concerning salaries and reviews the Housing Allowance Request prior to any approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6There are no paid employees. However, when an enployee is hired the wages will be set commensurate with other local clerical wages.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7After submission to the Internal Revenue Service copies of the IRS form 990 are available at: www.guidestar.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Public documents for the ministry are available at the office of the ministry upon request by appointment during normal business hours.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9From Affiliates: Eddie James Productions 2800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Eddie James Ministries 43141.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Advertising & Promotion 666.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Auto Expenses 13478.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Bank Service Charges 377.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14IT Expense 222.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Depreciation 2239.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Travel 7621.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Laundry & Uniforms 1166.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Licenses & Permits 852.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Food 11173.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Benevolence 199.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Office Supplies 392.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Fellowship Activities 136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23Equipment Rental
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Ministry Supplies 14755.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Outside Service to EJP 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26Honorariums 520.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27Ministry of Helps 122.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28Donations to EJM 12009.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29Employee FICA Taxes 254.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30Musical Equipment 275.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31Audio Equipment 247.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32Other Equipment 3948.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc29Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc30Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc31Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc32Form 990EZ, Part II, Line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Eddie James
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06029995905
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Dream Life Inc
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0813801278
ReturnHeader/Filer/PhoneNum06029995905
ReturnHeader/Filer/USAddress/AddressLine1Txt0672 Hildabrand Road
ReturnHeader/Filer/USAddress/CityNm0Ocoee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037361
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Chitwood & Chitwood
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05746 Marlin Road Suite 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chattanooga
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037411
ReturnHeader/PreparerPersonGrp/PhoneNum04238924882
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0H MICHAEL CHITWOOD
ReturnHeader/ReturnTs02021-06-03T08:40:47-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Eddie
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0James
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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