Civic Intelligence

Opal S Dream Foundation Inc.

990 • Fiscal year 2017 • EIN 90-0887035

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 07, 2018

505 Willow CourtElizabethtown, KY 42701

(270) 723-1292

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$42,472

No earlier filing loaded for comparison.

Net Assets

$42,472

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$83,093

No earlier filing loaded for comparison.

Expenses

$94,585

No earlier filing loaded for comparison.

Net Income

-$11,492

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.

$60K$40K$20K$0-$20K-$40KAssets 2017: $42,472Liabilities 2017: $0Net Assets 2017: $42,4722017Assets 2018: $56,833Liabilities 2018: $0Net Assets 2018: $56,8332018Assets 2019: $17,721Liabilities 2019: $1,440Net Assets 2019: $16,2812019Assets 2020: $33,145Liabilities 2020: $0Net Assets 2020: $33,1452020Assets 2021: $47,653Liabilities 2021: $0Net Assets 2021: $47,6532021Assets 2022: $26,093Liabilities 2022: $46,178Net Assets 2022: -$20,0852022Assets 2023: $14,918Liabilities 2023: $11,487Net Assets 2023: $3,4312023Assets 2024: $11,005Liabilities 2024: $11,307Net Assets 2024: -$3022024

Highlighted filing

2017

Assets$42,472
Liabilities$0
Net Assets$42,472

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2017: $83,093Expenses 2017: $94,585Net Income 2017: -$11,4922017Revenue 2018: $162,656Expenses 2018: $148,295Net Income 2018: $14,3612018Revenue 2019: $163,884Expenses 2019: $164,551Net Income 2019: -$6672019Revenue 2020: $174,474Expenses 2020: $159,050Net Income 2020: $15,4242020Revenue 2021: $182,801Expenses 2021: $168,293Net Income 2021: $14,5082021Revenue 2022: $96,404Expenses 2022: $198,459Net Income 2022: -$102,0552022Revenue 2023: $198,438Expenses 2023: $174,922Net Income 2023: $23,5162023Revenue 2024: $82,324Expenses 2024: $86,057Net Income 2024: -$3,7332024

Highlighted filing

2017

Revenue$83,093
Expenses$94,585
Net Income-$11,492
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 7, 2018
Return Version
2017v2.2
Gross Receipts
$102,345
Mission and Program Overview

Mission

Opal's dream foundation, inc. Is a charity that focuses on working in

Opal's dream foundation, inc. Is a charity that focuses on working in senior care facilities to improve the quality of life for the members that reside in those facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,964$42,472▼ $11,492
Total Assets$53,964$42,472▼ $11,492
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$53,964$42,472▼ $11,492
Total Net Assets Fund Balance$53,964$42,472▼ $11,492
Total Liabilities and Net Assets / Fund Balance$53,964$42,472▼ $11,492
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry StithChairman of the Board
Pete RamseyVice-chairman of the Board
Bob StithBoard Member
Bruce CoyneBoard Member
COLLEEN O'CONNORBoard Member
Dick WilsonBoard Member
Tony HillBoard Member
Vanessa PieraniBoard Member
Janet StithSecretary
Chris Ann CherrySocial Media Coordinator
Ken DozerTreasurer
Paul ThompsonWebmaster
Revenue and Support

Revenue Composition

Contributions and Grants
$25,919
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$57,174
All Other Contributions
$25,919
Change in Net Assets
$-11,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,585
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
Other Expenses$32,300$0$0$32,300
Office Expenses$0$3,967$0$3,967
Insurance$0$1,948$0$1,948
Total Functional Expenses$88,670$5,915$0$94,585
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,426
Fundraising Direct Expenses$19,252
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$64,469$64,469-$64,469
Golf Scramble$11,957$11,957-$11,957
Total Events$76,426$76,426$19,252$57,174
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
OPAL'S DREAM FOUNDATION INC
EIN
90-0887035
Phone
2707231292
Address
505 WILLOW COURT, ELIZABETHTOWN, KY 42701

Signing Officer

Name
Kenneth D Dozer
Title
Treasurer/executive Board
Phone
2707231292
Signed
2018-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth D Dozer
Formed
2012
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
30

Preparer

Firm
Burba & Company Psc
Address
1107 CROWNE POINTE DRIVE SUITE 201, ELIZABETHTOWN, KY 42701
Preparer
Jon M Anderson CPA
Phone
2707636601
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A copy of the draft of the federal form 990 for the organization was provided to all members of the board of directors for review, questioning, etc. Before the submission of the 990. After any/all questions were answered, the board of directors voted to approve the 990. After the 990 was approved, notification was provided to the professional firm that the treasurer had the authorization to request the release of the federal form 990 to the internal revenue service.

Pt VI, Line 12C

A copy of the conflict of interest policy is distributed to the board of directors on an annual basis. Furthermore, if a new board member comes on to serve at any point in time, a copy is provided immediately to the new member. At the onset of every board meeting conducted by the organization, the chairman of the board as well as the treasurer remind all voting members of the board that for any business that is undertaken, they should remember that they are subject ot the conflict of interest policy and should act accordingly. Also, once a year, the policy is reviewed for any updates/changes/etc. That need to take place.

Pt VI, Line 15A

In the event that there would be compensation to the ceo/executive director/top individual, then a review and approval from independent people would take place for the organization. There was no such activity for the 2017 return.

Pt VI, Line 15B

In the event that there would be compensation to any other officer or key employee, then a review and approval from independent people would take place for the organization. There was no such activity for the 2017 return.

Pt VI, Line 18

The organization makes the annual federal form 990 available for review and inspection upon request from the board of directors from the organization.

Pt VI, Line 19

The organication makes the governing documents, the currenty and prior conflict of interest policy documents, and the financial records available for review and inspection upon request from the board of directors from the organization.

Pt VI, Line 2

The chairmain of the board of the organization is related to the secretary of the board of directors of the organization due to the fact that they are husband and wife. Neither are compensated by the organization for the volunteer services rendered to the organization.

Form 990EZ, Part I, Line 16

Out-bound ministry program expenses

Form 990EZ, Part I, Line 16

Dream ministry program expenses

Form 990EZ, Part I, Line 16

MISC. OPERATING EXPENSES

Raw XML Appendix381 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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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt064469
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt011957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt076426
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt064469
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt011957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt076426
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt057174
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07250
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt01948
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt09198
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE DRAFT OF THE FEDERAL FORM 990 FOR THE ORGANIZATION WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW, QUESTIONING, ETC. BEFORE THE SUBMISSION OF THE 990. AFTER ANY/ALL QUESTIONS WERE ANSWERED, THE BOARD OF DIRECTORS VOTED TO APPROVE THE 990. AFTER THE 990 WAS APPROVED, NOTIFICATION WAS PROVIDED TO THE PROFESSIONAL FIRM THAT THE TREASURER HAD THE AUTHORIZATION TO REQUEST THE RELEASE OF THE FEDERAL FORM 990 TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FURTHERMORE, IF A NEW BOARD MEMBER COMES ON TO SERVE AT ANY POINT IN TIME, A COPY IS PROVIDED IMMEDIATELY TO THE NEW MEMBER. AT THE ONSET OF EVERY BOARD MEETING CONDUCTED BY THE ORGANIZATION, THE CHAIRMAN OF THE BOARD AS WELL AS THE TREASURER REMIND ALL VOTING MEMBERS OF THE BOARD THAT FOR ANY BUSINESS THAT IS UNDERTAKEN, THEY SHOULD REMEMBER THAT THEY ARE SUBJECT OT THE CONFLICT OF INTEREST POLICY AND SHOULD ACT ACCORDINGLY. ALSO, ONCE A YEAR, THE POLICY IS REVIEWED FOR ANY UPDATES/CHANGES/ETC. THAT NEED TO TAKE PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN THE EVENT THAT THERE WOULD BE COMPENSATION TO THE CEO/EXECUTIVE DIRECTOR/TOP INDIVIDUAL, THEN A REVIEW AND APPROVAL FROM INDEPENDENT PEOPLE WOULD TAKE PLACE FOR THE ORGANIZATION. THERE WAS NO SUCH ACTIVITY FOR THE 2017 RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN THE EVENT THAT THERE WOULD BE COMPENSATION TO ANY OTHER OFFICER OR KEY EMPLOYEE, THEN A REVIEW AND APPROVAL FROM INDEPENDENT PEOPLE WOULD TAKE PLACE FOR THE ORGANIZATION. THERE WAS NO SUCH ACTIVITY FOR THE 2017 RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES THE ANNUAL FEDERAL FORM 990 AVAILABLE FOR REVIEW AND INSPECTION UPON REQUEST FROM THE BOARD OF DIRECTORS FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANICATION MAKES THE GOVERNING DOCUMENTS, THE CURRENTY AND PRIOR CONFLICT OF INTEREST POLICY DOCUMENTS, AND THE FINANCIAL RECORDS AVAILABLE FOR REVIEW AND INSPECTION UPON REQUEST FROM THE BOARD OF DIRECTORS FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CHAIRMAIN OF THE BOARD OF THE ORGANIZATION IS RELATED TO THE SECRETARY OF THE BOARD OF DIRECTORS OF THE ORGANIZATION DUE TO THE FACT THAT THEY ARE HUSBAND AND WIFE. NEITHER ARE COMPENSATED BY THE ORGANIZATION FOR THE VOLUNTEER SERVICES RENDERED TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OUT-BOUND MINISTRY PROGRAM EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DREAM MINISTRY PROGRAM EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISC. OPERATING EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt053964
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IRS990/TotalContributionsAmt025919
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05915
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt088670
IRS990/TotalFunctionalExpensesGrp/TotalAmt094585
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt053964
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt042472
IRS990/TotalProgramServiceExpensesAmt088670
IRS990/TotalRevenueGrp/ExclusionAmt057174
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt083093
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053964
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt042472
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt053964
IRS990/UnrestrictedNetAssetsGrp/EOYAmt042472
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0505 WILLOW COURT
IRS990/USAddress/CityNm0ELIZABETHTOWN
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042701
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0www.opalsdreamfoundation.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH D DOZER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/EXECUTIVE BOARD
ReturnHeader/BusinessOfficerGrp/PhoneNum02707231292
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPAL'S DREAM FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0OPAL
ReturnHeader/Filer/EIN0900887035
ReturnHeader/Filer/PhoneNum02707231292
ReturnHeader/Filer/USAddress/AddressLine1Txt0505 WILLOW COURT
ReturnHeader/Filer/USAddress/CityNm0ELIZABETHTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B24072FF62FAC81C59335FB04883934BEE3A591A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B24072FF62FAC81C59335FB04883934BEE3A591A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.166.21.4
ReturnHeader/FilingSecurityInformation/IPDt02018-09-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm005:37:43
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURBA & COMPANY PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01107 CROWNE POINTE DRIVE SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELIZABETHTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042701
ReturnHeader/PreparerPersonGrp/PhoneNum02707636601
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JON M ANDERSON CPA
ReturnHeader/ReturnTs02018-09-14T05:38:04-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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