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Nonprofit · EIN 75-2738823

DREAMS SCHOLARSHIP FOUNDATION

Tax-exempt · AZLE, TX 76020

Financials

$15K$4K2023$3K$16K2024$5K$13K2025
Revenue Expenses · by fiscal year end
Financials of DREAMS SCHOLARSHIP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2026990-PF$5,004$13,078-$8,074$77,288$0$77,288
February 28, 2025990-PF$3,356$16,188-$12,832$85,362$0$85,362
February 29, 2024990-PF$15,103$3,577$11,526$98,194$0$98,194
Financial details: 990-PF for the year ended February 28, 2026

Revenue

Dividends
$2,287
Interest
$1
Net gain from sales of assets
$2,716

Expenses

Grants and similar amounts paid
$13,000
Disbursements for charitable purposes
$13,078
Excise tax on investment income
$32

Balance sheet and other

Total assets, start of year
$85,362
Total assets, end of year
$77,288
Total liabilities, end of year
$0
Net assets, end of year
$77,288
Fair market value of assets
$68,148
Qualifying distributions
$13,078
Net investment income
$2,288

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 February 28, 2026, highest compensation first.

NameTitleHours / weekCompensation
TRISHA MCADA
P O BOX 2076, WEATHERFORD, TX 76086
BOARD CHAIR0$0
BEN MCADA
P O BOX 2076, WEATHERFORD, TX 76086
VICE PRESIDE0$0
PAUL SEEDS
4717 BOULDER RUN, FORT WORTH, TX 76109
PRESIDENT0$0
RENEE SEEDS
4717 BOULDER RUN, FORT WORTH, TX 76109
VICE PRESIDE0$0
J R SEEDS
3103 N CARDINAL ROAD, AZLE, TX 76020
TREASURER0.5$0
990-PF for the year ended February 28, 2025: 5 people
NameTitleHours / weekCompensation
TRISHA MCADA
P O BOX 2076, WEATHERFORD, TX 76086
BOARD CHAIR0$0
BEN MCADA
P O BOX 2076, WEATHERFORD, TX 76086
VICE PRESIDE0$0
PAUL SEEDS
4717 BOULDER RUN, FORT WORTH, TX 76109
PRESIDENT0$0
RENEE SEEDS
4717 BOULDER RUN, FORT WORTH, TX 76109
VICE PRESIDE0$0
J R SEEDS
3103 N CARDINAL ROAD, AZLE, TX 76020
TREASURER0$0
990-PF for the year ended February 29, 2024: 5 people
NameTitleHours / weekCompensation
TRISHA MCADA
P O BOX 2076, WEATHERFORD, TX 76086
BOARD CHAIR0$0
BEN MCADA
P O BOX 2076, WEATHERFORD, TX 76086
VICE PRESIDE0$0
PAUL SEEDS
4717 BOULDER RUN, FORT WORTH, TX 76109
PRESIDENT0$0
RENEE SEEDS
4717 BOULDER RUN, FORT WORTH, TX 76109
VICE PRESIDE0$0
J R SEEDS
3103 N CARDINAL ROAD, AZLE, TX 76020
TREASURER0$0

Address and contacts

Address (IRS master file)
3103 N CARDINAL RD, AZLE, TX 76020-6825
In care of
% JAMES RICHARD SEEDS
Signed the 990-PF
J R SEEDS, TREASURER
Phone
(817) 832-3845
Return prepared by
DEBBIE BUNERO CPA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026990-PF on file
2024February 28, 2025July 15, 2025990-PF on file
2023February 29, 2024July 15, 2024990-PF on file

IRS record

EIN
75-2738823
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
1998
Accounting year ends
February
Files
Form 990-PF
Assets (IRS master file)
$77,288
Income (IRS master file)
$9,517

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFFebruary 2026$5,004$13,078$77,288XML
990-PFFebruary 2025$3,356$16,188$85,362XML
990-PFFebruary 2024$15,103$3,577$98,194XML
990-PFFebruary 2023–––IRS
990-PFFebruary 2022–––IRS
990-PFFebruary 2021–––IRS
990-TFebruary 2021–––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 75-2738823).

Questions about DREAMS SCHOLARSHIP FOUNDATION

What is the EIN of DREAMS SCHOLARSHIP FOUNDATION?
The employer identification number (EIN) of DREAMS SCHOLARSHIP FOUNDATION is 75-2738823.
Is DREAMS SCHOLARSHIP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to DREAMS SCHOLARSHIP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DREAMS SCHOLARSHIP FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of DREAMS SCHOLARSHIP FOUNDATION due?
The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DREAMS SCHOLARSHIP FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended February 2026.
Who are the officers and directors of DREAMS SCHOLARSHIP FOUNDATION?
The 990-PF for the year ended February 28, 2026 lists 5 people; 0 received compensation from the organization.
How much revenue does DREAMS SCHOLARSHIP FOUNDATION have?
On its 990-PF for the year ended February 28, 2026 it reported revenue of $5,004, expenses of $13,078 and total assets of $77,288 at year end.

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