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Nonprofit · EIN 81-3154031

MAKING DREAMS REALITY

Tax-exempt · MARICOPA, AZ 85138

Financials

$165K$240K2023
Revenue Expenses · by fiscal year end
Financials of MAKING DREAMS REALITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$165,283$239,859-$74,576$1,517$158,576-$157,059
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Program service revenue
$33,136
Investment income
$26,000
Net income from fundraising events
$106,147

Expenses

Grants and similar amounts paid
$107,000
Compensation of officers, directors and key employees
$40,000
Salaries, compensation and benefits (total)
$40,000
Professional fees and payments to contractors
$1,451
Occupancy
$11,845
Other expenses
$79,563
Program services (functional)
$31,452

Balance sheet and other

Total assets, start of year
$9,157
Total assets, end of year
$1,517
Total liabilities, end of year
$158,576
Net assets, end of year
-$157,059
Cash, savings and investments
$1,517
Gross receipts
$176,618

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
Ronald A Jacobs IICEO60$40,000

Address and contacts

Address (IRS master file)
44383 W MESCAL ST, MARICOPA, AZ 85138-4048
In care of
% RONALD JACOBS II
Mailing address (990-N for 2020)
44383 W Mescal St, Maricopa AZ 85138
Principal officer (990-N for 2020)
Ronald Algernon Jacobs, 44383 W Mescal St, Maricopa AZ 85138
Signed the 990-EZ
Ronald A Jacobs II, CEO
Phone
(623) 205-8211

Mission

Youth and young adult mentoring and training

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Launch Youth Empowerment and Leadership Initiative - Hosted 25 youth to include one on one mentorship, workshops and community service projects
    Expenses $3,264 · grants $15,000
  • New contracts with Delaware North - Allowed us to issue grants to 50 youth and their families
    Expenses $27,109 · grants $90,000
  • Transportation/Housing/Uniforms - Volunteer Assistance
    Expenses $1,079 · grants $2,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-3154031
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,517
Income (IRS master file)
$176,618

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$165,283$239,859$1,517XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Ronald Algernon Jacobs
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Ronald A Jacobs II
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 81-3154031).

Questions about MAKING DREAMS REALITY

What is the EIN of MAKING DREAMS REALITY?
The employer identification number (EIN) of MAKING DREAMS REALITY is 81-3154031.
Is MAKING DREAMS REALITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to MAKING DREAMS REALITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAKING DREAMS REALITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MAKING DREAMS REALITY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAKING DREAMS REALITY last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who is the principal officer of MAKING DREAMS REALITY?
The 990-N for 2020 names Ronald Algernon Jacobs.
Who are the officers and directors of MAKING DREAMS REALITY?
The 990-EZ for the year ended December 31, 2023 lists 1 person; 1 received compensation from the organization, the highest $40,000 (Ronald A Jacobs II, CEO).
How much revenue does MAKING DREAMS REALITY have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $165,283, expenses of $239,859 and total assets of $1,517 at year end.

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