Nonprofit · EIN 26-3420635
ACHIEVING DREAMS
Tax-exempt · MINNEAPOLIS, MN 55447
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,086,095 | $3,535,682 | $550,413 | $2,910,002 | $0 | $2,910,002 |
| December 31, 2023 | 990 | $3,726,385 | $2,790,179 | $936,206 | $2,337,012 | $0 | $2,337,012 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,576
- Program service revenue
- $4,078,519
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,384,445
- Compensation of officers, directors and key employees
- $70,000
- Salaries, compensation and benefits (total)
- $70,000
- Professional fundraising fees
- $0
- Accounting fees
- $16,185
- Program services (functional)
- $3,477,876
- Management and general (functional)
- $57,806
Balance sheet and other
- Total assets, start of year
- $2,337,012
- Total assets, end of year
- $2,910,002
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,910,002
- Net assets without donor restrictions
- $2,910,002
- Gross receipts
- $4,086,095
- Employees
- 0
- Volunteers
- 2,073
- Year formed
- 2008
- State of legal domicile
- MN
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLIS DAGGS | TREASURER/SECRETARY/VOLUNTEER COORDINATOR Trustee or director, Officer | 16 | $70,000 |
| ERIC DAGGS | PRESIDENT Trustee or director, Officer | 5 | $0 |
| NATALIE HANSEN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| LYNN REGAN | DIRECTOR Trustee or director | 1 | $0 |
| SHELLY ROY | DIRECTOR Trustee or director | 1 | $0 |
| CATHERINE BARNER | DIRECTOR Trustee or director | 2 | $0 |
| CANDACE SWENSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLIS DAGGS | TREASURER/SECRETARY Trustee or director, Officer | 16 | $66,000 |
| ERIC DAGGS | PRESIDENT Trustee or director, Officer | 5 | $0 |
| NATALIE HANSEN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| LYNN REGAN | DIRECTOR Trustee or director | 1 | $0 |
| SHELLY ROY | DIRECTOR Trustee or director | 1 | $0 |
| CATHERINE BARNER | DIRECTOR Trustee or director | 1 | $0 |
| CANDACE SWENSON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 14276 23RD AVE N, MINNEAPOLIS, MN 55447-4910
- Principal officer (990 for 2024)
- ERIC DAGGS, 11026 SUMTER AVE N, CHAMPLIN, MN 553163268
- Signed the 990
- ERIC DAGGS, PRESIDENT
- Phone
- (763) 424-2431
- Website
- WWW.ACHIEVINGDREAMSMN.ORG
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
TO PROVIDE FINANCIAL HELP FOR THE POOR, DISTRESSED, AND FINANCIALLY OVERBURDENED FAMILIES AND INDIVIDUALS, SO THEY MAY PARTICIPATE IN ORGANIZED ACTIVITIES THAT BUILD POSITIVE SELF-ESTEEM, ASSIST IN PERSONAL DEVELOPMENT, ALLOW FOR ARTISTIC INSPIRATION, AND/OR ADVANCE EDUCATION.
Program accomplishments
- THE ORGANIZATION RECEIVES THE MAJORITY OF ITS FUNDS BY CONDUCTING CONSCESSION STAND OPERATIONS AT MAJOR SPORTING EVENTS IN THE STATE OF MINNESOTA, USING A VOLUNTEER WORKFORCE. FROM THOSE CONTRACT PAYMENTS THE ORGANIZATION WAS ABLE TO DO THE FOLLOWING:PROVIDED FINANCIAL HELP FOR THE POOR, DISTRESSED, AND FINANCIALLY OVERBURDENED FAMILIES AND INDIVIDUALS, SO YOUTH COULD PARTICIPATE IN ORGANIZED ACTIVITIES (E.G. DANCE CLASSES, MUSIC LESSONS, AND SPORTS LIKE YOUTH FOOTBALL AND GYMNASTICS), BUILD THEIR SELF-ESTEEM, PARTICIPATE IN PERSONAL DEVELOPMENT AND ARTISTIC EXPRESSION, AND/OR ADVANCE EDUCATIONALLY (E.G. TUITION COSTS FROM PRESCHOOL TO COLLEGE). ACHIEVING DREAMS HELPED OVER 1,000 YOUNG PEOPLE IN 2024 TO GET OR STAY INVOLVED IN MEANINGFUL ACTIVITIES THAT BOTH IMPROVED THE INDIVIDUAL AS WELL AS THE COMMUNITY AS A WHOLE - BY COMBATING COMMUNITY DETERIORATION AND JUVENILE DELINQUENCY; GETTING OR KEEPING YOUTH IN POSITIVE ENVIRONMENTS AND SAFE PLACES, AVOIDING THE ILL EFFECTS OF IDLE, UNSUPERVISED TIME, AND NEGATIVE INFLUENCES LIKE GANGS, DRUGS, AND DELINQUENCY; AND BUILDING A GREATER SENSE OF COMMUNITY.Expenses $3,477,876 · grants $3,384,445 · revenue $4,078,519
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3420635
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $2,910,002
- Income (IRS master file)
- $4,086,095
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,086,095 | $3,535,682 | $2,910,002 | XML |
| 990 | December 2023 | $3,726,385 | $2,790,179 | $2,337,012 | XML |
| 990 | December 2022 | $2,581,569 | $1,994,976 | $1,400,806 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 26-3420635).
Questions about ACHIEVING DREAMS
- What is the EIN of ACHIEVING DREAMS?
- The employer identification number (EIN) of ACHIEVING DREAMS is 26-3420635.
- Is ACHIEVING DREAMS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to ACHIEVING DREAMS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACHIEVING DREAMS 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 ACHIEVING DREAMS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACHIEVING DREAMS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ACHIEVING DREAMS?
- The 990 for the year ended December 31, 2024 names ERIC DAGGS.
- Who are the officers and directors of ACHIEVING DREAMS?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $70,000 (HOLLIS DAGGS, TREASURER/SECRETARY/VOLUNTEER COORDINATOR).
- How much revenue does ACHIEVING DREAMS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,086,095, expenses of $3,535,682 and total assets of $2,910,002 at year end.
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