American Dream Foundation Inc
- Assets
- $1.5m
- Revenue
- $213.9k
- Investments
- $1.4m
- Employees
- 0
- Location
- Ogden, UT
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 31-1642351
Organization Overview
American Dream Foundation Inc is located in Ogden, UT. The organization was established in 1999. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American 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 12/2021, American Dream Foundation Inc generated $213.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $94.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Gullo Trustee | 20 | $0 | |
Brett Dagley Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $12 |
| Dividends & Interest | $20,265 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,649 |
| Capital Gain Net Income | $93,649 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $213,926 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,895 |
| Total operating and administrative expenses | $94,412 |
| Contributions, gifts, grants paid | $472 |
| Total expenses and disbursements | $94,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,674 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $3,070 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,461,663 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, American Dream Foundation Inc has awarded $472 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Orem, UT PURPOSE: GENERAL CHARITABLE PURPOSE | $150 |
TUNNEL TO TOWERS FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $116 |
SALVATION ARMY PURPOSE: GENERAL CHARITABLE PURPOSE | $104 |
Memphis, TN PURPOSE: GENERAL CHARITABLE PURPOSE | $102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Industries For The Blind Phoenix, AZ | $15,708,519 | $11,232,717 |
Denverworks Denver, CO | $2,746,663 | $6,201,899 |
Northern Area Local Workforce Development Board Santa Fe, NM | $314,154 | $4,682,823 |
Colorado Womens Employment And Education Incorporated Denver, CO | $5,914,548 | $4,615,932 |
Desta Littleton, CO | $1,571,949 | $3,165,760 |
Worklife Partnership Denver, CO | $2,829,316 | $4,589,879 |
Mt Carmel Veterans Service Center Colorado Springs, CO | $1,750,141 | $3,064,131 |
St Joseph The Worker Phoenix, AZ | $1,213,582 | $2,764,793 |
Ser-Jobs For Progress Inc Tucson, AZ | $663,267 | $2,398,267 |
Cochise Private Industry Council Sierra Vista, AZ | $308,488 | $2,093,819 |
Jobpath Inc Tucson, AZ | $1,049,348 | $2,058,435 |
Futureindesign Inc Price, UT | $328,674 | $1,762,629 |