Nonprofit · EIN 99-3177087
DREAMTREE PRESCHOOL BY USBKS
Tax-exempt · FEDERAL WAY, WA 98003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $74,388 | $101,330 | -$26,942 | $174,369 | $201,311 | -$26,942 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,000
- Program service revenue
- $68,372
- Investment income
- $16
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $21,940
- Other salaries and wages
- $15,674
- Salaries, compensation and benefits (total)
- $40,811
- Professional fundraising fees
- $0
- Legal fees
- $4,300
- Accounting fees
- $1,000
- Occupancy
- $21,500
- Program services (functional)
- $93,580
- Management and general (functional)
- $7,750
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $174,369
- Total liabilities, end of year
- $201,311
- Net assets, end of year
- -$26,942
- Net assets without donor restrictions
- -$26,942
- Gross receipts
- $74,388
- Employees
- 7
- Year formed
- 2024
- State of legal domicile
- WA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIYON KIM | CENTER DIREC Trustee or director | 12 | $21,940 |
| JISUN KIM | TRESURER Trustee or director, Officer | – | $0 |
| SIMONE KIM | SECRETARY Trustee or director, Officer | – | $0 |
| JOSHUA LEE | VICE PRESIDE Trustee or director, Officer | – | $0 |
| JENNIFER SOHN | PRESIDENT Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 34400 PACIFIC HWY S, FEDERAL WAY, WA 98003-6818
- Principal officer (990 for 2024)
- JENNIFER SOHN, 3006 NORTHUP WAY STE 100, BELLEVUE, WA 98004
- Signed the 990
- JENNIFER SOHN, PRESIDENT
- Phone
- (206) 617-7874
- Website
- DREAMTREES.ORG
- Return prepared by
- SHK GROUP PLLC
Mission
THE MISSION FOR DREAMTREE PRESCHOOL BY USBKS ("DREAMTREE") IS TO PROVIDE A CARING AND NURTURING ENVIRONMENT WHERE CHILDREN CAN LEARN, BUILD STRONG RELATIONSHIPS, AND EXPRESS THEMSELVES THROUGH PLAY AND ENGAGING DAILY ACTIVITIES. AS A KOREAN IMMERSION SCHOOL, DREAMTREE INTEGRATES KOREAN CULTURE AND LANGUAGE INTO ITS CURRICULUM, PROVIDING A RICH AND HOLISTIC EDUCATIONAL EXPERIENCE.
Program accomplishments
- DREAMTREE PRESCHOOL BY USBKS PROVIDES CARING AND NURTURING ENVIRONMENT WHERE CHILDREN CAN LEARN, BUILD STRONG RELATIONSHIPS, AND EXPRESS THEMSELVES THROUGH PLAY AND ENGAGING DAILY ACTIVITIES. AS A KOREAN IMMERSION SCHOOL, DREAMTREE INTEGRATES KOREAN CULTURE AND LANGUAGE INTO ITS CURRICULUM, PROVIDING A RICH AND HOLISTIC EDUCATIONAL EXPERIENCE.Expenses $93,580 · revenue $68,372
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3177087
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B21)
- Assets (IRS master file)
- $174,369
- Income (IRS master file)
- $74,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $74,388 | $101,330 | $174,369 | XML |
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 99-3177087).
Questions about DREAMTREE PRESCHOOL BY USBKS
- What is the EIN of DREAMTREE PRESCHOOL BY USBKS?
- The employer identification number (EIN) of DREAMTREE PRESCHOOL BY USBKS is 99-3177087.
- Is DREAMTREE PRESCHOOL BY USBKS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to DREAMTREE PRESCHOOL BY USBKS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAMTREE PRESCHOOL BY USBKS 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 DREAMTREE PRESCHOOL BY USBKS 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 DREAMTREE PRESCHOOL BY USBKS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DREAMTREE PRESCHOOL BY USBKS?
- The 990 for the year ended December 31, 2024 names JENNIFER SOHN.
- Who are the officers and directors of DREAMTREE PRESCHOOL BY USBKS?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $21,940 (JIYON KIM, CENTER DIREC).
- How much revenue does DREAMTREE PRESCHOOL BY USBKS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $74,388, expenses of $101,330 and total assets of $174,369 at year end.
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