To further the growth and development of the nation's best athletes by helping them realize their athletic goals and Dreams through career management, mentorship and financial support.

501(c)(3) charity; gifts are tax-deductible.
$128K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $165K a year · 24% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
346%
of spending
Looks good: 346% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$128K
to officers and key staff · 35% of spending
Concern: pay to officers and key staff is 35% of spending; over 30%.
Pt VII · Sec A
10 mo
of spending, in cash
Looks good: 10.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$542K
-44% vs prior year
Spent
$360K
To programs
346%
Net assets
$944K
By yearFY2020–FY2024
Revenue
$542K
FY2024▼ -44%
Tap a bar for its year
Revenue by fiscal year
FY2020$166K
FY2021$1.3M
FY2022$500K
FY2023$971K
FY2024$542K
Expenses
$360K
FY2024▼ -59%
Tap a bar for its year
Expenses by fiscal year
FY2020$126K
FY2021$619K
FY2022$662K
FY2023$879K
FY2024$360K
Net assets
$944K
FY2024▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2020$181K
FY2021$854K
FY2022$649K
FY2023$750K
FY2024$944K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2008.

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

Where the money goes

346 cents of each dollar spent went to programs.

Program services 346% · $1.2M Management & general 39% · $141K Fundraising 9% · $31K

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

25 people listed on the 990; $128K paid to officers and key staff.

Part VII, Section A · reportable compensation
$74,375Pt VII · Sec A
Executive Dir.
$42,500Pt VII · Sec A
Executive Dir.
$10,625Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Thomas Biesemeyer’s $74K as President is at the 18th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Thomas Biesemeyer$42,500$73,750$60,000—
Tommy Biesemeyer———$27,808
Claire Biesemeyer$10,625———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See World Cup Dreams Foundation 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps top athletes achieve dreams through career management, mentorship, and financial aid.

Questions for World Cup Dreams Foundation

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Your first name shows with your question. World Cup Dreams Foundation answers here, for everyone.

Provided by the organization

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2 programs · $1.6M · in their own filed words · FY2024
01

The organization provided scholarships to elite ski racing athletes to offset training & competition.

$1.2Mprogram expense
02

The organization provided scholarships to elite ski racing athletes to offset training & competition.

$309Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$8K
Grants paid · 3 grants · $2.2M · 2023–2024
Unitemized GrantFY2024$1,196,625
Unitemized GrantFY2024$293,138
Unitemized GrantFY2023$725,809

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$542K
Ln 12
Gifts and grantsLn 1h$542K
Investment incomeLn 3$2
Money outPt IX
$360K
Ln 25
Programscol B$1.2M
Managementcol C$141K
Fundraisingcol D$31K
Owns and owesPt X
$944K
net assets · Ln 32
Cash and savingsLn 1–2$315K
Total assetsLn 16$944K
LiabilitiesLn 26$0
PeoplePt VI, VII
25
listed · VII A
PaidVII A3
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$542K
Investment incomeLn 3$2
Total revenueLn 12$542K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$315K
Total assetsLn 16$944K
LiabilitiesLn 26$0
Net assetsLn 32$944K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $542K$360K$181K$944K 990 PDF
FY2023 $971K$879K$92K$750K 990 PDF
FY2022 $500K$662K−$162K$649K 990 PDF
FY2021 $1.3M$619K$673K$854K 990 PDF
FY2020 $166K$126K$40K$181K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations
See the full FY2024 990 (1 part)
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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