Development of recreation facilities in the city of edgewood to be used by the public.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 15 volunteers and 26 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $12K a year · 3% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$368K
75% of total assets
Worth a look: liabilities are 75% of assets; over 65%.
Pt X · Ln 26
Independent board members
1
of 3 voting members
Worth a look: 1 of 3 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$560K
+20% vs prior year
Spent
$534K
To programs
99%
Net assets
$125K
By yearFY2020–FY2025
Revenue
$560K
FY2025▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2020$361K
FY2021$463K
FY2022$441K
FY2023$444K
FY2024$466K
FY2025$560K
Expenses
$534K
FY2025▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$375K
FY2021$488K
FY2022$509K
FY2023$425K
FY2024$480K
FY2025$534K
Net assets
$125K
FY2025▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$185K
FY2021$160K
FY2022$93K
FY2023$113K
FY2024$99K
FY2025$125K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $527K Management & general 1% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Treasurer/Se
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
See Community Dreams Incorporated executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and improves public spaces for outdoor activities and sports.

Questions for Community Dreams Incorporated

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Provided by the organization

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1 program · $527K · in their own filed words · FY2025
01

Acquisition and operation of a public golf course for the residents of the city of edgewood and the surrounding communities.

$527Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$40K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$560K
Ln 12
Fees for servicesLn 2g$524K
Gifts and grantsLn 1h$32K
Investment incomeLn 3$4K
Money outPt IX
$534K
Ln 25
Programscol B$527K
Managementcol C$7K
Owns and owesPt X
$125K
net assets · Ln 32
Cash and savingsLn 1–2$76K
Total assetsLn 16$493K
LiabilitiesLn 26$368K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$32K
Fees for servicesLn 2g$524K
Investment incomeLn 3$4K
Other incomeLn 4–11$1K
Gains on assetsLn 7$4K
Total revenueLn 12$560K
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$29K
Cash and savings togetherLn 1–2$76K
Land, buildings, equipmentLn 10c$417K
Total assetsLn 16$493K
LiabilitiesLn 26$368K
Net assetsLn 32$125K
OperationsPt I, VI
EmployeesI 526
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$61K$76K
Land, buildings, equipmentLn 10c$401K$417K
Total assetsLn 16$462K$493K
LiabilitiesLn 26$364K$368K
Net assetsLn 32$99K$125K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$132K$132K
Payroll taxesLn 10$11K$11K
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$5K$5K
OccupancyLn 16$120K$120K
InterestLn 20$19K$19K
Depreciation, depletion and amortizationLn 22$19K$17K$2K
Other expenses (24a–d)Ln 24$207K$207K
All other expensesLn 24e$15K$15K$24
Total functional expensesLn 25$534K$527K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $560K$534K$26K$125K 990 PDF
FY2024 $466K$480K−$14K$99K 990 PDF
FY2023 $444K$425K$20K$113K 990 PDF
FY2022 $441K$509K−$67K$93K 990 PDF
FY2021 $463K$488K−$25K$160K 990 PDF
FY2020 $361K$375K−$14K$185K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $560,397 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $21,000$31,500
I-9 Program service revenuePrior year $444,203$524,143
I-10 Investment incomePrior year $29$3,529
I-11 Other revenuePrior year $478$1,225
I-12 Total revenuePrior year $465,710$560,397
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $138,612$143,184
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $341,056$390,818
I-18 Total expensesPrior year $479,668$534,002
I-19 Revenue less expensesPrior year −$13,958$26,395
Part VI · Governance 1 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $560,397 across 7 lines filed
VIII-1f All other contributions, gifts and grants$31,500
VIII-1h Total contributions, gifts and grants$31,500
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $215,998 · Unrelated business $308,145$524,143
VIII-3 Investment incomeRelated to mission $29$29
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,500$3,500
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,225$1,225
VIII-12 Total revenueRelated to mission $220,752 · Unrelated business $308,145$560,397
Part IX · Statement of functional expenses $534,002 across 9 lines filed
IX-7 Other salaries and wagesPrograms $131,883$131,883
IX-10 Payroll taxesPrograms $11,301$11,301
IX-11c Accounting feesManagement $5,582$5,582
IX-12 Advertising and promotionPrograms $4,826$4,826
IX-16 OccupancyPrograms $119,738$119,738
IX-20 InterestPrograms $19,188$19,188
IX-22 Depreciation, depletion and amortizationPrograms $16,792 · Management $1,866$18,658
IX-24 Other expenses (24a–d)Programs $207,330$207,330
IX-24e All other expensesPrograms $15,472 · Management $24$15,496
IX-25 Total functional expensesPrograms $526,530 · Management $7,472 · Fundraising $0$534,002
Part X · Balance sheet $493,229 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $32,596$46,898
X-2 Savings and temporary cash investmentsStart of year $28,893$28,922
X-10c Land, buildings and equipment, netStart of year $400,689$417,409
X-16 Total assetsStart of year $462,178$493,229
X-17 Accounts payable and accrued expensesStart of year $1,573$1,935
X-25 Other liabilitiesStart of year $5,750$10,044
X-26 Total liabilitiesStart of year $363,623$368,279
X-27 Net assets without donor restrictionsStart of year $98,555$124,950
X-32 Total net assets or fund balancesStart of year $98,555$124,950
X-33 Total liabilities and net assetsStart of year $462,178$493,229
Part XI · Reconciliation of net assets $124,950 net assets at year end
XI-1 Total revenue$560,397
XI-2 Total expenses$534,002
XI-3 Revenue less expenses$26,395
XI-4 Net assets at start of year$98,555
XI-10 Net assets at end of year$124,950

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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