Civic Intelligence

Dreams Come True Foundation Inc.

990EZ • Fiscal year 2022 • EIN 87-1105545

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 12, 2023

34 E Foothill BlvdArcadia, CA 91006

(323) 388-6433

Siviq Scores

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

Liabilities / Assets

96th percentile

1.30x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

32nd percentile

-4.9%

Higher net margin than 32% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

$3,082

No earlier filing loaded for comparison.

Net Assets

-$918

No earlier filing loaded for comparison.

Liabilities

$4,000

No earlier filing loaded for comparison.

Revenue

$18,750

No earlier filing loaded for comparison.

Expenses

$19,668

No earlier filing loaded for comparison.

Net Income

-$918

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.

$20K$10K$0-$10KAssets 2022: $3,082Liabilities 2022: $4,000Net Assets 2022: -$9182022Assets 2023: $3,028Liabilities 2023: $10,160Net Assets 2023: -$7,1322023Assets 2024: $13,062Liabilities 2024: $6,100Net Assets 2024: $6,9622024

Highlighted filing

2022

Assets$3,082
Liabilities$4,000
Net Assets-$918

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2022: $18,750Expenses 2022: $19,668Net Income 2022: -$9182022Revenue 2023: $26,430Expenses 2023: $26,615Net Income 2023: -$1852023Revenue 2024: $66,413Expenses 2024: $47,120Net Income 2024: $19,2932024

Highlighted filing

2022

Revenue$18,750
Expenses$19,668
Net Income-$918
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 12, 2023
Return Version
2022v5.0
Gross Receipts
$18,750
Mission and Program Overview

Mission

Our mission is to inspire and create a better society where everyone has a safe home, enabling them to pursue their dreams and contribute to a better world. To this end, DCTF empowers real estate professionals and community leaders to increase sustainable homeownership and ensure affordable and resilient housing for the AAPI community, and other minority communities at large. We champion diversity, equity, and economic opportunities by generating and pooling resources to foster a more inclusive and stronger society.

The Organization's mission is to strive to increase sustainable homeownership for the Korean American and minority communities at large by educating and empowering the real estate professionals and be the platform for advocacy and economic opportunities by creating and gathering the resources to the communities and to build a better society

Program Services

DescriptionGrantsExpenses
The organization provide programs and events to build networks, opportunities, and expertise. The organziation provided steps for industry leaders to make changes and help diversify their organizations by providing a network of minority real estate professionals. The organization also organizes groups to attend events related to their mission.-$11,988
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER PARKChairmanPT$0--
YOUNG AHNPresidentPT$0--
STEVEN LEETreasurerPT$0--
PETER PARKSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Dreams Come True Foundation Inc
EIN
87-1105545
Phone
3233886433
Address
34 E FOOTHILL BLVD, ARCADIA, CA 91006

Signing Officer

Name
Peter Park
Title
Chairman
Signed
2023-10-12
Discuss with paid preparer
Yes

Preparer

Firm
Tellees
Address
1513 Highland Avenue, Glendale, CA 91202
Preparer
Thomas Lee CPA MST
Phone
6268882810
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $706

Other Expenses.1003

Information Technology $4100

Other Expenses.1005

Travel $11988

Other Expenses.1

Bank service fees $259

Other Expenses.2

Meals and Entertainment $89

Total Liabilities.1

Due to Officer - Beginning $0 Due to Officer - Ending $4000

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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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ReturnHeader/TaxPeriodBeginDt02022-01-01
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ReturnHeader/TaxYr02022

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