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Nonprofit · EIN 46-5669064

DREAM BIG INC

Tax-exempt (reinstated) · RIO RANCHO, NM 87144

Financials

$103K$64K2022$268K$280K2024$276K$285K2025
Revenue Expenses · by fiscal year end
Financials of DREAM BIG INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$276,497$284,897-$8,400$33,897$0$33,897
December 31, 2024990-PF$268,000$279,591-$11,591$42,297$0$42,297
December 31, 2022990-PF$102,551$63,952$38,599$71,042$0$71,042
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$276,484
Other income
$13

Expenses

Grants and similar amounts paid
$0

Balance sheet and other

Total assets, start of year
$42,297
Total assets, end of year
$33,897
Total liabilities, end of year
$0
Net assets, end of year
$33,897

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KEVIN W BANKS
1204 SPRUCE MEADOWS DR NE, RIO RANCHO, NM 87144
President & CEO0$0
CHERYL BURDEN
601 CYAN CT NW, ALBUQUERQUE, NM 87120
Vice President0$0
ANGELA BANKS
1204 SPRUCE MEADOWS DR NE, RIO RANCHO, NM 87144
Secretary0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
KEVIN W BANKS
1204 SPRUCE MEADOWS DR NE, RIO RANCHO, NM 87144
President & CEO0$0
CHERYL BURDEN
601 CYAN CT NW, ALBUQUERQUE, NM 87120
Vice President0$0
ANGELA BANKS
1204 SPRUCE MEADOWS DR NE, RIO RANCHO, NM 87144
Secretary0$0
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
KEVIN W BANKS
1204 SPRUCE MEADOWS DR NE, RIO RANCHO, NM 87144
President & CEO0$0
CHERYL BURDEN
601 CYAN CT NW, ALBUQUERQUE, NM 87120
Vice President0$0
PAMELA DUNCAN
2226 MEADOW VIEW PL NW, ALBUQUREQUE, NM 87104
Secretary0$0

Address and contacts

Address (IRS master file)
1024 SPRUCE MEADOWS DR NE, RIO RANCHO, NM 87144-0000
Mailing address (990-N for 2014)
PO BOX 66798, ALBUQUERQUE NM 87193
Principal officer (990-N for 2014)
KEVIN W BANKS, PO BOX 66798, ALBUQUERQUE NM 87193
Signed the 990-PF
KEVIN W BANKS, President & CEO
Return prepared by
New Mexico Tax Group LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
46-5669064
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P40)
Assets (IRS master file)
$33,897
Income (IRS master file)
$276,497

Revocation and reinstatement

Exemption revoked
May 15, 2018
Posted by the IRS
August 13, 2018
Reinstated
Effective May 15, 2018

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$276,497$284,897$33,897XML
990-PFDecember 2024$268,000$279,591$42,297XML
990-PFDecember 2022$102,551$63,952$71,042XML
990-EZDecember 2021$0$14,771$32,443IRS
990-N for 2014
Officer: KEVIN W BANKS
December 31, 2014≤ $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 46-5669064).

Questions about DREAM BIG INC

What is the EIN of DREAM BIG INC?
The employer identification number (EIN) of DREAM BIG INC is 46-5669064.
Is DREAM BIG INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
Are donations to DREAM BIG INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DREAM BIG INC file?
Form 990-PF. Private foundations file every year.
When is the next return of DREAM BIG INC 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 DREAM BIG INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who is the principal officer of DREAM BIG INC?
The 990-N for 2014 names KEVIN W BANKS.
Who are the officers and directors of DREAM BIG INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does DREAM BIG INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $276,497, expenses of $284,897 and total assets of $33,897 at year end.

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