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Nonprofit · EIN 27-3307724

ACADEMY OF SPECIAL DREAMS FOUNDATION

Tax-exempt · PASADENA, CA 91105

Financials

$104K$55K2023
Revenue Expenses · by fiscal year end
Financials of ACADEMY OF SPECIAL DREAMS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$103,878$55,446$48,432$124,691–$124,691
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$103,878

Expenses

Grants and similar amounts paid
$16,998
Compensation of officers, directors and key employees
$12,000
Salaries, compensation and benefits (total)
$12,000
Professional fees and payments to contractors
$13,500
Printing, publications and postage
$4,349
Other expenses
$8,599
Program services (functional)
$49,445

Balance sheet and other

Total assets, start of year
$76,259
Total assets, end of year
$124,691
Total liabilities, end of year
–
Net assets, end of year
$124,691
Cash, savings and investments
$124,691
Gross receipts
$103,878

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Michael DergarCEO10$12,000
Jerry J RuizDirector of Adm5$0
Wendy OsawaDirector0$0
Rosemarie ValerioDirector3$0
Edgar O Garcia-MoraDirector0$0

Address and contacts

Address (IRS master file)
115 W CALIFORNIA BLVD 326, PASADENA, CA 91105-3005
In care of
% JERRY RUIZ
Mailing address (990-N for 2025)
115 W California Blvd 326, Pasadena CA 91105
Principal officer (990-N for 2025)
Michael Dergar, 777 S Orange Grove Blvd Apt 3, Pasadena CA 91105
Signed the 990-EZ
Jerry J Ruiz, Director
Phone
(323) 253-7380
Return prepared by
SAMUEL ORTIZ CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 27-3307724 or by the name ACADEMY OF SPECIAL DREAMS FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Increase public awareness of artists with disibilities

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Produce, develop and maintain online virtual galleries featuring the creative expressions of more than 250 local and international artists whih self-identity with disabilities that promote, encourage and support them by making their art viewable by anyone with an internet connection.
    Expenses $15,000
  • Produce, curate, install and break down physical exhibitions of art featuring original works of art by both artists who self identify with disabilities and those artist who do not self-identify to create "inclusive". art exhibitions that focus on the creativity of the art and not the artist.
    Expenses $13,195
  • Working Artists Grants to Artists who self-dentify with desabilities to support their micro-businesses that fosters a sence of self-worth and idependence.
    Expenses $16,998
  • Web hosting, develop and maintenance of virtual online galleries for over 250 Artists in Residence.
    Expenses $4,252

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-3307724
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
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P20)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Michael Dergar
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Michael Dergar
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$103,878$55,446$124,691XML
990-N for 2022
Officer: Jerry Ruiz
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Michael Dergar
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Michael Dergar
December 31, 2019≤ $50,000 receipts––e-Postcard

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 27-3307724).

Questions about ACADEMY OF SPECIAL DREAMS FOUNDATION

What is the EIN of ACADEMY OF SPECIAL DREAMS FOUNDATION?
The employer identification number (EIN) of ACADEMY OF SPECIAL DREAMS FOUNDATION is 27-3307724.
Is ACADEMY OF SPECIAL DREAMS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to ACADEMY OF SPECIAL DREAMS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ACADEMY OF SPECIAL DREAMS FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ACADEMY OF SPECIAL DREAMS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ACADEMY OF SPECIAL DREAMS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of ACADEMY OF SPECIAL DREAMS FOUNDATION?
The 990-N for 2025 names Michael Dergar.
Who are the officers and directors of ACADEMY OF SPECIAL DREAMS FOUNDATION?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 1 received compensation from the organization, the highest $12,000 (Michael Dergar, CEO).
How much revenue does ACADEMY OF SPECIAL DREAMS FOUNDATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $103,878, expenses of $55,446 and total assets of $124,691 at year end.

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