Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1998.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
26 cents of each dollar spent went to programs.
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
22 people listed on the 990; $66K paid to officers and key staff.
Teresa Novak’s $66K as Executive Director is at the 56th percentile of top reported officer pay among 2168 $100K–1M human services 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 · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Teresa Novak | $66,000 | $66,000 | $66,000 | $66,000 | $55,000 | $55,000 |
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.
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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
Offers emotional and financial help to advertising, PR, and media professionals facing severe hardship.
Questions for Dream Fund
Your first name shows with your question. Dream Fund answers here, for everyone.
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Provided assistance to 10 individuals of the advertising & media industry.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $103K | $99K |
| InvestmentsLn 11–13 | $282K | $251K |
| Total assetsLn 16 | $385K | $350K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $385K | $350K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $22K | $22K | ||
| Pay of current officers, directors and key staffLn 5 | $66K | $7K | $33K | $26K |
| Investment management feesLn 11f | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $18K | $18K | ||
| Total functional expensesLn 25 | $110K | $28K | $55K | $26K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $138K | $120K | $18K | $423K | 990 PDF |
| FY2024 | $177K | $110K | $67K | $397K | 990 PDF |
| FY2023 | $104K | $144K | −$40K | $336K | 990 PDF |
| FY2022 Viewing | $75K | $110K | −$35K | $350K | 990 PDF |
| FY2021 | $102K | $93K | $9K | $385K | 990 PDF |
| FY2020 | $85K | $143K | −$59K | $376K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $74,639 revenue, 12 lines filed
Part VI · Governance 21 of 21 board members independent, 2 to look at
Part VIII · Statement of revenue $74,639 across 8 lines filed
Part IX · Statement of functional expenses $109,758 across 4 lines filed
Part X · Balance sheet $349,838 assets, 8 lines filed
Part XI · Reconciliation of net assets $349,838 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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