Civic Intelligence

Firehouse Dream Inc.

990 • Fiscal year 2020 • EIN 83-1605150

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 12, 2021

Organization ProfileWWW.THEFIREHOUSEDREAM.ORG
511 St Charles RdMaywood, IL 60153

(773) 552-6318

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

87th percentile

47%

Higher net margin than 87% 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

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

$31,435

No earlier filing loaded for comparison.

Net Assets

$31,435

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin87th percentile

Revenue

$67,502

No earlier filing loaded for comparison.

Expenses

$36,067

No earlier filing loaded for comparison.

Net Income

$31,435

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0Assets 2020: $31,435Liabilities 2020: $0Net Assets 2020: $31,4352020Assets 2021: $49,483Liabilities 2021: $0Net Assets 2021: $49,4832021Assets 2022: $33,695Liabilities 2022: $0Net Assets 2022: $33,6952022Assets 2023: $40,006Liabilities 2023: $0Net Assets 2023: $40,0062023Assets 2024: $44,261Liabilities 2024: $0Net Assets 2024: $44,2612024Assets 2025: $58,710Liabilities 2025: $0Net Assets 2025: $58,7102025

Highlighted filing

2020

Assets$31,435
Liabilities$0
Net Assets$31,435
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2020: $67,502Expenses 2020: $36,067Net Income 2020: $31,4352020Revenue 2021: $75,463Expenses 2021: $48,611Net Income 2021: $26,8522021Revenue 2022: $220,369Expenses 2022: $242,789Net Income 2022: -$22,4202022Revenue 2023: $154,673Expenses 2023: $148,362Net Income 2023: $6,3112023Revenue 2024: $200,431Expenses 2024: $178,396Net Income 2024: $22,0352024Revenue 2025: $282,358Expenses 2025: $267,894Net Income 2025: $14,4642025

Highlighted filing

2020

Revenue$67,502
Expenses$36,067
Net Income$31,435
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 12, 2021
Return Version
2019v5.1
Gross Receipts
$67,502
Mission and Program Overview

Mission

To connect young adults with a safe space to discover creative skill sets and be equipped with the tools needed in order to thrive in every area of their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$31,435-
Total Assets$0$31,435▲ $31,435
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$31,435-
Total Net Assets Fund Balance$0$31,435▲ $31,435
Total Liabilities and Net Assets / Fund Balance$0$31,435▲ $31,435
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Jasmine LopezExecutive Director
Jeremias LopezCo-founder
Revenue and Support

Revenue Composition

Contributions and Grants
$67,502
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$67,502
Change in Net Assets
$31,435
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$36,067
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$35,022--$35,022
Advertising$1,045--$1,045
Total Functional Expenses$36,067$0$0$36,067
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Officer directors etc family relationship Part VI line 2

“(a) name of person: jeremias lopez(b) relationship between interested person and organization: spouse of executive director(d) description of transaction: co-founder”

Form 990 governing body review Part VI line 11

“A copy of the form 990 was provided to the organizations governing body before it was filed.”

Governing documents etc available to public Part VI line 19

“Forms can be requested from the firehouse dream via mail. Send request to 511 st charles rd maywood, il 60153”

Filing and Contact Details

Filer

Filer Name
The Firehouse Dream Inc
EIN
83-1605150
Address
511 ST CHARLES RD, MAYWOOD, IL 60153

Signing Officer

Name
Jasmine Lopez
Title
Executive Direc
Phone
7735526318
Signed
2021-01-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Jasmine Lopez
Formed
2018
Legal Domicile
Il
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
D Tax People
Address
6336 N Cicero Ave, CHICAGO, IL 60646
Preparer
David Torres
Phone
7733466968
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Other expenses - utlilites, rental and stipends”

Raw XML Appendix236 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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IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
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IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt067502
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
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IRS990/NondeductibleContributionsInd0false
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/PartialLiquidationInd0false
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt067502
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0(A) NAME OF PERSON: JEREMIAS LOPEZ(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: SPOUSE OF EXECUTIVE DIRECTOR(D) DESCRIPTION OF TRANSACTION: CO-FOUNDER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATIONS GOVERNING BODY BEFORE IT WAS FILED.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum07735526318
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FIREHOUSE DREAM INC
ReturnHeader/Filer/BusinessNameControlTxt0FIRE
ReturnHeader/Filer/EIN0831605150
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060646
ReturnHeader/PreparerPersonGrp/PhoneNum07733466968
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID TORRES
ReturnHeader/ReturnTs02021-01-20T13:15:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,435
Liabilities
$0
Net assets
$31,435
Revenue
$67,502
Expenses
$36,067
Net income
$31,435
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$2.82$2.68$0.14
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$2.00$1.78$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$1.55$1.48$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$2.20$2.43$0.22
2021Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.75$0.49$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.68$0.36$0.31