Dream Envision Foundation in Irvine, California (CA)

Organization representatives - add corrected or new information about Dream Envision Foundation »

Non-representatives - add comments about Dream Envision Foundation»

Dream Envision Foundation
Employer Identification Number (EIN)330935544
Name of OrganizationDream Envision Foundation
In Care of NameBachtelle Vossman & Company
Address2 Park Plz Ste 300, Irvine, CA 92614-8513
SubsectionCharitable Organization, Educational Organization
Ruling Date04/2002
DeductibilityContributions are deductible
FoundationPrivate operating foundation (other)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$4,946,246
Amount of Income$2,399,529
Form 990 Revenue Amount$536,371
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Operating Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 50.17.74.162 will be logged.

Amount of income in 2013: $2,399,529 (it was $1,263,493 in 2012)
This organization: 

 $2,399,529
Other organizations performing similar types of work: 

 $45,945

Assets in 2013: $4,946,246 (it was $4,905,096 in 2012)
This organization: 

 $4,946,246
Other organizations performing similar types of work: 

 $120,180

Expenses in 2013: $460,937
This organization: 

 $460,937
Other organizations performing similar types of work: 

 $39,714

Income to expenses ratio in 2013: 5.2
Dream Envision Foundation: 

 5.2
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 2.2%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$502,087$502,087$194,081
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$120,350
Gross rents$0
Gross sales price for all assets$2,279,179
Gross profit from sales of goods$0
Other income$0
Other$381,737
Total expenses and disbursements$460,937$47,247$0$412,915
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$5,885
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$53,192$47,247$5,945
Contributions, gifts, grants paid$407,745
Excess of revenue over expenses and disbursements$41,150
Net investment income$454,840
Adjusted net income$194,081
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$5,132,918$5,440,508$4,905,096$5,482,179$4,946,246$5,898,550
Cash - non-interest-bearing$0$0$0
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$5,013,120$4,751,109$4,786,139
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$0$0$0
Other assets$0$0
Total liabilities$0$0$0
Total liabilities and net assets/fund balances$5,132,918$4,905,096$4,946,246
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$437,291$106,308$381,737
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$4,753$1,979$9,097
Total credits and payments$2,000$4,800$2,806
Current year estimated tax payments and previous year's overpayment credited to current year$2,000$4,800$2,806
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$82$15$121
Tax due$0$6,697
Overpayment$2,806$0
Amount to be credited to next year's estimated tax$0$2,806$0
Statements Regarding Activities
201120122013
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?YesYesYes
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$5,849,793$5,474,368$5,674,333
Net value of noncharitable-use assets$5,392,252$5,589,218
Minimum investment return$288,102$269,613$279,461
Distributable Amount
201120122013
Distributable amount$0$0$0
Undistributed Income
201120122013
Distributable amount for this year$0$0$0
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$194,081$0$0$0$194,081
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$1$0$0$0$1
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$0$120,350
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Dream Envision Foundation to others? (optional)
  
Add photo of Dream Envision Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Attar Supporting Organization707 S Gulfstream Ave Unit 408, Sarasota, FL 34236-7760FL2004-10$460,481
2Pg&e-Psea Emergency Assistance Fund1390 Willow Pass Rd Ste 240, Concord, CA 94520-7904CA1994-07$160,744
3Scenic Philadelphia1504 South St, Philadelphia, PA 19146-1636PA2000-09$125,366
4Las Vegas Health Trust IncPO BOX 2026, Las Vegas, NM 87701-2026NM1949-10$121,871
5J Paul Getty Trust1200 Getty Center Dr Ste 400, Los Angeles, CA 90049-1694CA1954-12$2,501,338,195
6Found Animals Foundation Inc4079 Redwood Ave Ste B, Los Angeles, CA 90066-5101CA2007-01$20,647,188
7Easton Sports Development Foundation7855 Haskell Ave Ste 350, Van Nuys, CA 91406-1936CA1982-12$17,064,027
8Pacific Research Institute For Public Policy1 Embarcadero Ctr Ste 350, San Francisco, CA 94111-3631CA1978-12$7,725,609
9Bravewell Collaborative2300 8th St, Olivenhain, CA 92024-6565CA2002-08$7,616,472
10Shannon & Amy Ko Foundation25622 Rapid Falls Rd, Laguna Hills, CA 92653-7816CA2001-09$4,676,591
11Dynamic Foundation2185 Fortune Dr, San Jose, CA 95131-1805CA2001-08$4,207,595
12Dream Envision Foundation2 Park Plz Ste 300, Irvine, CA 92614-8513CA2002-04$2,399,529
13Flintridge Center236 W Mountain St Ste 106, Pasadena, CA 91103-2968CA2008-07$2,308,724
14Janie And Donald Friend Foundation355 Hayes St, San Francisco, CA 94102-4420CA2005-02$1,405,734
15Foundation For Honeys Children376 Hill St, San Francisco, CA 94114-2917CA2002-07$1,309,609
16Balboa Park Online Collaborative Inc, Bengough Operating Foundation2131 Pan American Plz, San Diego, CA 92101-1683CA2005-02$1,095,414
17Liberty Cap Foundation1727 N Refugio Rd, Santa Ynez, CA 93460-9313CA2009-05$1,064,960
18Nauheim Straus Charitable Foundation IncPO BOX 843, La Habra, CA 90633-0843CA2004-03$847,366
19Chenwu Foundation13081 La Vista Ct, Saratoga, CA 95070-4435CA2009-04$777,692
20Dugan Foundation31823 Lobo Canyon Road, Agoura Hills, CA 91301CA2001-10$705,582
Number of organizations performing similar types of work
Alabama20
Arkansas6
Arizona21
California255
Colorado50
Connecticut21
District of Columbia9
Delaware7
Florida103
Georgia33
Hawaii6
Iowa6
Idaho8
Illinois37
Indiana16
Kansas10
Kentucky11
Louisiana12
Massachusetts40
Maryland20
Maine6
Michigan28
Minnesota26
Missouri19
Mississippi3
Montana5
North Carolina24
Nebraska7
New Hampshire7
New Jersey23
New Mexico9
Nevada26
New York122
Ohio45
Oklahoma9
Oregon16
Pennsylvania47
Rhode Island8
South Carolina15
South Dakota6
Tennessee17
Texas80
Utah25
Virginia29
Vermont4
Washington30
Wisconsin10
Wyoming4
International3
Total1,344

faqs.org is not associated with, endorsed by, or sponsored by Dream Envision Foundation and has no official or unofficial affiliation with Dream Envision Foundation