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Nonprofit · EIN 51-0301470

DELAWARE DREAMS INC

Tax-exempt · HOCKESSIN, DE 19707

Financials

$40K$37K2023$55K$37K2024$73K$41K2025
Revenue Expenses · by fiscal year end
Financials of DELAWARE DREAMS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$73,109$40,741$32,368$669,033$0$669,033
December 31, 2024990-PF$54,947$36,737$18,210$636,665$0$636,665
December 31, 2023990-PF$39,604$36,748$2,856$618,455$0$618,455
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,821
Dividends
$20,402
Interest
$586
Net gain from sales of assets
$49,300

Expenses

Grants and similar amounts paid
$20,924
Compensation of officers, directors and key employees
$10,200
Disbursements for charitable purposes
$35,726
Excise tax on investment income
$902

Balance sheet and other

Total assets, start of year
$636,665
Total assets, end of year
$669,033
Total liabilities, end of year
$0
Net assets, end of year
$669,033
Fair market value of assets
$879,689
Qualifying distributions
$35,726
Net investment income
$69,124

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
DENISE BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
PRESIDENT & SECRETARY20$10,200
MATTHEW P D'EMILIO
PO BOX 1417, HOCKESSIN, DE 19707
VICE PRESIDENT20$0
TERRY MASON
PO BOX 1417, HOCKESSIN, DE 19707
TREASURER5$0
ELIZABETH BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0
JOSEPH FACCIOLO
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0
MICHAEL BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
DENISE BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
PRESIDENT & SECRETARY20$10,200
MATTHEW P D'EMILIO
PO BOX 1417, HOCKESSIN, DE 19707
VICE PRESIDENT20$0
TERRY MASON
PO BOX 1417, HOCKESSIN, DE 19707
TREASURER5$0
ELIZABETH BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0
JOSEPH FACCIOLO
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0
MICHAEL BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DENISE BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
PRES & SEC20$10,200
MATTHEW P D'EMILIO
PO BOX 1417, HOCKESSIN, DE 19707
VICE PRESIDENT20$0
TERRY MASON
PO BOX 1417, HOCKESSIN, DE 19707
TREASURER5$0
ELIZABETH BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0
JOSEPH FACCIOLO
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0
MICHAEL BAROSKI
PO BOX 1417, HOCKESSIN, DE 19707
DIRECTOR5$0

Address and contacts

Address (IRS master file)
PO BOX 1417, HOCKESSIN, DE 19707-5417
Signed the 990-PF
DENISE BAROSKI, SECRETARY
Phone
(302) 239-0428
Return prepared by
BELFINT LYONS & SHUMAN PA

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, 2024990-PF on file

IRS record

EIN
51-0301470
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
1988
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$669,033
Income (IRS master file)
$114,165

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$73,109$40,741$669,033XML
990-PFDecember 2024$54,947$36,737$636,665XML
990-PFDecember 2023$39,604$36,748$618,455XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 51-0301470).

Questions about DELAWARE DREAMS INC

What is the EIN of DELAWARE DREAMS INC?
The employer identification number (EIN) of DELAWARE DREAMS INC is 51-0301470.
Is DELAWARE DREAMS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to DELAWARE DREAMS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DELAWARE DREAMS INC file?
Form 990-PF. Private foundations file every year.
When is the next return of DELAWARE DREAMS 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 DELAWARE DREAMS 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 are the officers and directors of DELAWARE DREAMS INC?
The 990-PF for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $10,200 (DENISE BAROSKI, PRESIDENT & SECRETARY).
How much revenue does DELAWARE DREAMS INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $73,109, expenses of $40,741 and total assets of $669,033 at year end.

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