Dreambridge Foundation Inc
- Assets
- $12.2k
- Revenue
- $42.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, NH
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-4270882
Organization Overview
Dreambridge Foundation Inc is located in Salem, NH. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dreambridge 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, Dreambridge Foundation Inc generated $42.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $31.4k during the year ending 12/2021. While expenses have increased by 20.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Roberts President/treasurer | 5 | $0 | |
Renee Brown Secretary | 3 | $0 | |
Melissa Roberts Ditector | 2 | $0 | |
Sonya Treadwell Director | 4 | $0 | |
Robert Korbey Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $42,672 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,073 |
| Other expenses | $619 |
| Total operating and administrative expenses | $1,692 |
| Contributions, gifts, grants paid | $29,689 |
| Total expenses and disbursements | $31,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,206 |
| 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 | $0 |
| 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 | $12,206 |
| 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, Dreambridge Foundation Inc has awarded $29,689 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SOPHIA'S FUND PURPOSE: PEDIATRIC CANCER | $15,000 |
MULTIPLE SCLEROSIS SOCIETY PURPOSE: MULTIPLE SCLEROSIS | $5,000 |
TEEN CHALLENGE OF NH PURPOSE: TEEN ALCOHOL DRUG REHAB | $2,600 |
JANET'S JOURNEY PURPOSE: WOMAN BLINDED BY ATTACKER | $2,025 |
MISCELLANEOUS CONTRIBUTIONS PURPOSE: MISCELLANEOUS CHARITIES | $1,554 |
Concord, NH PURPOSE: CHARITABLE FOUNDATION-GRANTS SCHOLARSHIPS | $1,510 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
Loring Wolcott & Coolidge Charitable Tr - I Boston, MA | $103,000 | $4,276,644 |
Hopedale Charitable Corporation Hopedale, MA | $33,470,135 | $3,283,410 |
Marthas Vineyard Community Foundation Inc West Tisbury, MA | $16,148,193 | $2,758,397 |
Friends Of Mvyradio Inc West Tisbury, MA | $5,681,922 | $2,883,787 |
Haymarket Peoples Fund Inc Jamaica Plain, MA | $12,020,172 | $3,644,454 |
Old North Foundation Of Boston Inc Boston, MA | $5,737,888 | $2,778,217 |
The Story Exchange Foundation Cambridge, MA | $247,994 | $774,321 |
Childrens Investment Fund Inc Boston, MA | $6,709,396 | $2,227,532 |
Vermont Childrens Trust Foundation Burlington, VT | $1,332,390 | $634,206 |