Nonprofit · EIN 26-1507549
DREAMBUILDERS FOUNDATION INC
Tax-exempt · BRENTWOOD, TN 37027
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,309,210 | $1,349,057 | -$39,847 | $558,738 | $30,150 | $528,588 |
| June 30, 2024 | 990 | $865,567 | $923,317 | -$57,750 | $579,614 | $11,179 | $568,435 |
| June 30, 2023 | 990 | $1,189,414 | $994,859 | $194,555 | $641,629 | $15,444 | $626,185 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,306,781
- Program service revenue
- $0
- Investment income
- $2,429
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $981,412
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $13,500
- Travel
- $30,319
- Program services (functional)
- $981,412
- Management and general (functional)
- $183,809
- Fundraising (functional)
- $183,836
Balance sheet and other
- Total assets, start of year
- $579,614
- Total assets, end of year
- $558,738
- Total liabilities, end of year
- $30,150
- Net assets, end of year
- $528,588
- Net assets without donor restrictions
- $528,588
- Gross receipts
- $1,309,210
- Employees
- 0
- Year formed
- 2008
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AKIN AYODELE | PRESIDENT Trustee or director | 5 | $0 |
| MATT TOY | VICE-PRESIDENT-SECRETARY Trustee or director | 5 | $0 |
| THOMAS TATRO | TREAUSURER Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS TATRO | TREAUSURER Trustee or director | 5 | $0 |
| MATT TOY | VICE-PRESIDENT-SECRETARY Trustee or director | 5 | $0 |
| AKIN AYODELE | PRESIDENT Trustee or director | 5 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AKIN AYODELE | DIRECTOR Trustee or director | 5 | $0 |
| MATT TOY | DIRECTOR Trustee or director | 5 | $0 |
| THOMAS TATRO | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2020 WILLOWMET LN, BRENTWOOD, TN 37027-8949
- In care of
- % AKIN AYODELE
- Mailing address (990-N for 2024)
- 2020 Willowmet Ln, Brentwood TN 37027
- Principal officer (990-N for 2024)
- Terry McLaurin, 2020 Willowmet Ln, Brentwood TN 37027
- Signed the 990
- AKIN AYODELE, PRESIDENT
- Phone
- (615) 330-6969
- Return prepared by
- Brandon Silvers LLC
Mission
THE DREAMBUILDERS FOUNDATION IS A NON PROFIT ORGANIZATION DEDCIATED TO HELPING FINANCIALLY, PHYSICALLY OR MENTALLY CHALLENGED YOUTH TO ACHIEVE THEIR DREAMS BY PROVIDING SUPPORT AND FINANCIAL ASSISTANCE TO SECURE THE EQUIPMENT AND OPPORTUNITY NEEDED TO ACHIEVE THESE GOALS.
Program accomplishments
- THE DREAMBUILDERS FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO HELPING FINANCIALLY, PHYSICALLY OR MENTALLY CHALLENGED YOUTH TO ACHIEVE THEIR DREAMS BY PROVIDING SUPPORT AND FINANCIAL ASSISTANCE TO SECURE THE EQUIPMENT AND OPPORTUNITY NEEDED TO ACHIEVE THESE GOALS.Expenses $981,412
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-N on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-N on file |
IRS record
- EIN
- 26-1507549
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O51)
- Assets (IRS master file)
- $558,738
- Income (IRS master file)
- $1,309,210
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: Terry McLaurin | June 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2025 | $1,309,210 | $1,349,057 | $558,738 | XML |
| 990-N for 2023 Officer: Terry McLaurin | June 30, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2024 | $865,567 | $923,317 | $579,614 | XML |
| 990-N for 2022 Officer: Terry McLaurin | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2023 | $1,189,414 | $994,859 | $641,629 | XML |
| 990 | June 2022 | $908,138 | $932,880 | $506,630 | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1507549).
Questions about DREAMBUILDERS FOUNDATION INC
- What is the EIN of DREAMBUILDERS FOUNDATION INC?
- The employer identification number (EIN) of DREAMBUILDERS FOUNDATION INC is 26-1507549.
- Is DREAMBUILDERS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to DREAMBUILDERS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAMBUILDERS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DREAMBUILDERS FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DREAMBUILDERS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
- Who is the principal officer of DREAMBUILDERS FOUNDATION INC?
- The 990-N for 2024 names Terry McLaurin.
- Who are the officers and directors of DREAMBUILDERS FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does DREAMBUILDERS FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,309,210, expenses of $1,349,057 and total assets of $558,738 at year end.
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