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Nonprofit · EIN 99-3177087

DREAMTREE PRESCHOOL BY USBKS

Tax-exempt · FEDERAL WAY, WA 98003

Financials

$74K$101K2024
Revenue Expenses · by fiscal year end
Financials of DREAMTREE PRESCHOOL BY USBKS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$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.

NameTitleHours / weekCompensation
JIYON KIMCENTER DIREC
Trustee or director
12$21,940
JISUN KIMTRESURER
Trustee or director, Officer
–$0
SIMONE KIMSECRETARY
Trustee or director, Officer
–$0
JOSHUA LEEVICE PRESIDE
Trustee or director, Officer
–$0
JENNIFER SOHNPRESIDENT
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
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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$74,388$101,330$174,369XML

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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