Nonprofit · EIN 27-3484442
DREAMS OF LOIS
Tax-exempt (reinstated) · FAYETTEVILLE, GA 30214
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $26,000 | $34,457 | -$8,457 | $0 | $0 | -$8,457 |
| December 31, 2024 | 990-EZ | $22,450 | $27,382 | -$4,932 | $0 | $0 | -$4,932 |
| December 31, 2023 | 990-EZ | $23,875 | $17,432 | $6,443 | $0 | – | $6,443 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $26,000
Expenses
- Grants and similar amounts paid
- $12,275
- Compensation of officers, directors and key employees
- $600
- Professional fees and payments to contractors
- $3,250
- Occupancy
- $1,600
- Printing, publications and postage
- $300
- Other expenses
- $17,032
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- -$8,457
- Gross receipts
- $26,000
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IVORY CLOUD | CEO | 30 | $600 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IVORY CLOUD | CEO | 30 | $600 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IVORY CLOUD | CEO | 30 | $500 |
Address and contacts
- Address (IRS master file)
- 245 JULIA CT, FAYETTEVILLE, GA 30214-7131
- In care of
- % IVORY CLOUD
- Signed the 990-EZ
- IVORY CLOUD, CEO
- Phone
- (770) 256-3807
- Website
- WWW.DREAMSOFLOIS.ORG
- Return prepared by
- CLARKS TAX SERVICE
Mission
CHARITABLE ORGANIZATION
Program accomplishments
- provide community outreach and mentoring
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-3484442
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $26,000
Revocation and reinstatement
- Exemption revoked
- February 15, 2013
- Posted by the IRS
- May 13, 2013
- Reinstated
- Effective February 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $26,000 | $34,457 | $0 | XML |
| 990-EZ | December 2024 | $22,450 | $27,382 | $0 | XML |
| 990-EZ | December 2023 | $23,875 | $17,432 | $0 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 27-3484442).
Questions about DREAMS OF LOIS
- What is the EIN of DREAMS OF LOIS?
- The employer identification number (EIN) of DREAMS OF LOIS is 27-3484442.
- Is DREAMS OF LOIS tax-exempt?
- Yes. The IRS revoked its exemption on February 15, 2013 and reinstated it effective February 15, 2013.
- Are donations to DREAMS OF LOIS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAMS OF LOIS file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DREAMS OF LOIS 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 DREAMS OF LOIS last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of DREAMS OF LOIS?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $600 (IVORY CLOUD, CEO).
- How much revenue does DREAMS OF LOIS have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $26,000, expenses of $34,457 and total assets of $0 at year end.
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