Can Dream Foundation Inc
- Assets
- $29.2k
- Revenue
- $3.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Hanover, MD
- Founding
- 11/2010
- Data as of
- 12/2022
- EIN
- 27-3065540
Organization Overview
Can Dream Foundation Inc is located in Hanover, MD. The organization was established in 2010. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Can Dream Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Can Dream Foundation Inc generated $3.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $1.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CURING ALZHEIMER'S NOW (CAN) DREAM FOUNDATION IS A 501(C)3 PRIMARILY SERVING MARYLAND, D.C., AND VIRGINIA WITH A PASSION FOR INCREASING AWARENESS OF ALZHEIMER'S DISEASE (AD), ESPECIALLY AMONG AFRICAN AMERICANS. OUR HOPE IS TO AID REMOVING THE STIGMA OF THE DISEASE WHILE HELPING TO EDUCATE AND IMPROVE INVOLVEMENT IN OUR COMMUNITY. OUR MISSION IS TO PROVIDE EDUCATIONAL OUTREACH TO STUDENTS ABOUT AD. OUR VISION IS TO IGNITE STUDENTS' INTEREST IN FINDING SOLUTIONS THAT REDUCE THE BURDEN OF ALZHEIMER'S ON SOCIETY. OUR GOALS ARE TO: - EMPOWER STUDENTS TO BE ACTIVE PARTICIPANTS IN THE AD MOVEMENT - ENCOURAGE STUDENTS TO BE CHANGE AGENTS FOR AD IN THEIR COMMUNITY - IGNITE AN INCREASE IN THE PIPELINE OF STUDENTS INTO STEM CAREERS OR OTHER INNOVATIVE FIELDS THAT WOULD POSITIVELY IMPACT AD
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAN DREAM FOUNDATION INC IS AN ORGANIZATION THAT STRIVES TO SERVE THE COMMUNITY BY PROVIDING MENTAL AND PHYSICAL HEALTH, EDUCATION AND AWARENESS SERVICES AMONG DIVERSE POPULATIONS. IT IS OUR GOAL TO SUPPORT OUR MEMBERS BY PROVIDING INFORMATION AND ENCOURAGING THEM TO MOVE FORWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacquelyn Seth Director | OfficerTrustee | $0 | |
Brandy Blair Director | Trustee | $0 | |
Randy Mortis Director | Trustee | $0 | |
Rochelle Brown Director | Trustee | $0 | |
Larease Thomas Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,649 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,649 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $820 |
| Advertising and promotion | $0 |
| Office expenses | $256 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $475 |
| All other expenses | $0 |
| Total functional expenses | $1,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,154 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,154 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $29,154 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $29,154 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Can Dream Foundation Inc has recieved totaling $92.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Insight Memory Care Center Fairfax, VA | $3,154,973 | $3,550,226 |
Davos Alzheimers Collaborative Inc Washington, DC | $12,443,051 | $14,514,120 |
The Mertz Charitable Trust Pittsburgh, PA | $0 | $180,463 |
Ftd Disorders Registry Llc King Of Prussia, PA | $1,122,791 | $727,717 |
Rick Sharp Alz Foundation Virginia Beach, VA | $1,126,907 | $702,010 |
Laurel Highlands Alzheimers Foundation Johnstown, PA | $126,802 | $0 |
Can Dream Foundation Inc Hanover, MD | $29,154 | $3,649 |