Nonprofit · EIN 93-1728619
DREAM VENTURE LABS
Tax-exempt · CAMBRIDGE, MA 02142
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $456,434 | $435,414 | $21,020 | $73,321 | $50,000 | $23,321 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $11,111
- Program service revenue
- $445,298
- Investment income
- $25
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $24,000
- Other salaries and wages
- $129,714
- Salaries, compensation and benefits (total)
- $167,616
- Professional fundraising fees
- $0
- Legal fees
- $244,340
- Accounting fees
- $135
- Occupancy
- $4,630
- Program services (functional)
- $392,066
- Management and general (functional)
- $42,832
- Fundraising (functional)
- $516
Balance sheet and other
- Total assets, start of year
- $52,301
- Total assets, end of year
- $73,321
- Total liabilities, end of year
- $50,000
- Net assets, end of year
- $23,321
- Net assets without donor restrictions
- $23,321
- Gross receipts
- $456,434
- Employees
- 11
- Volunteers
- 0
- Year formed
- 2023
- State of legal domicile
- MA
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 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIA GORSKIKH | PRESIDENT/EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $17,962 |
| GIBRAN NASIR | TREASURER/DIRECTOR Trustee or director, Officer | 5 | $0 |
| JUSTIN NARDELLA | CLERK/DIRECTOR Trustee or director, Officer | 5 | $0 |
| ANASTASIIA SAMOILOVA | DIRECTOR Trustee or director | 5 | $0 |
| SERGIO SOTELO | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- ONE BROADWAY, CAMBRIDGE, MA 02142-1100
- In care of
- % MARIA GORSKIKH
- Mailing address (990-N for 2023)
- One Broadway, Cambridge MA 02142
- Principal officer (990 for 2024)
- SERGIO SOTELO, ONE BROADWAY, CAMBRIDGE, MA 02142
- Principal officer (990-N for 2023)
- Maria Gorskikh, 100 Landsdowne St, Cambridge MA 02139
- Signed the 990
- SERGIO SOTELO, EXECUTIVE DIRECTOR
- Phone
- (757) 740-8701
- Return prepared by
- GREG ROGERS CPA LLC
Mission
EMPOWERING IMMIGRANT ENTREPRENEURS TO BUILD SUCCESSFUL BUSINESSES BY PROVIDING ACCESS TO RESOURCES, MENTORSHIP, AND NETWORKS THEY NEED TO THRIVE
Program accomplishments
- THE BUILD FELLOWSHIP PROGRAM IS A PROGRAM THROUGH WHICH DREAM VENTURE LABS (DVL), IN PARTNERSHIP WITH THE BUILD FELLOWSHIP BY OPEN AVENUES, ASSISTS FOREIGN FOUNDERS ON CAP-EXEMPT H-1B VISAS IN CONTRIBUTING TO EDUCATION WHILE ADVANCING THEIR STARTUPS THROUGH STRUCTURED PROFESSIONAL, EDUCATIONAL, AND EMPLOYMENT-RELATED OPPORTUNITIES. IT GENERATES REVENUE THROUGH PER-FELLOW ONBOARDING PAYMENTS, SALARY SHARE, AND OTHER PROGRAM-RELATED SUPPORT FEES UNDER THE PARTNERSHIP AGREEMENT.Expenses $385,845 · revenue $438,232
- THE INTERNSHIP PROGRAM IS A WORKFORCE DEVELOPMENT INITIATIVE THAT CONNECTS TECH STARTUPS WITH STUDENT INTERNS FOR HANDS-ON, INDUSTRY-RELEVANT LEARNING EXPERIENCES. IT GENERATES REVENUE THROUGH FEES CHARGED BY DVL FOR FACILITATING PLACEMENTS AND COORDINATING RELATED PROGRAM ACTIVITIES.Expenses $6,221 · revenue $7,066
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-N on file |
IRS record
- EIN
- 93-1728619
- 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
- 2024
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $73,321
- Income (IRS master file)
- $456,434
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $456,434 | $435,414 | $73,321 | XML |
| 990-N for 2023 Officer: Maria Gorskikh | May 31, 2024 | ≤ $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 93-1728619).
Questions about DREAM VENTURE LABS
- What is the EIN of DREAM VENTURE LABS?
- The employer identification number (EIN) of DREAM VENTURE LABS is 93-1728619.
- Is DREAM VENTURE LABS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to DREAM VENTURE LABS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAM VENTURE LABS 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 DREAM VENTURE LABS due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DREAM VENTURE LABS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of DREAM VENTURE LABS?
- The 990 for the year ended May 31, 2025 names SERGIO SOTELO.
- Who are the officers and directors of DREAM VENTURE LABS?
- The 990 for the year ended May 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $17,962 (MARIA GORSKIKH, PRESIDENT/EXECUTIVE DIRECTOR).
- How much revenue does DREAM VENTURE LABS have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $456,434, expenses of $435,414 and total assets of $73,321 at year end.
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All nonprofits in CAMBRIDGE · Massachusetts · Community improvement and capacity building