D R E A M Alive INC

Tax-deductible

Indianapolis, IN501(c)(3)Since 2001Youth DevelopmentEIN 35-2153384Revenue $1.9M in FY2025

On file with the IRSdreamaliveinc.orgPo Box 78674, 46278-0674 · Indianapolis, INTax-exempt since May 2002Publicly supported charity — 170(b)(1)(A)(vi)

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To help vulnerable youth break the cycle of poverty by providing mentoring and career development programs for 6 continual years from 7th through 12 grade.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Run by 468 volunteers and 20 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
5 of 6
filings with a surplus
Average surplus $437K a year · 36% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 8% of spending
Top officer’s pay lower than 95% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
16 mo
of spending, in cash
Looks good: 16.0 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
$35K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+54% vs prior year
Spent
$1.4M
To programs
83%
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$1.9M
FY2025▲ +54%
Tap a bar for its year
Revenue by fiscal year
FY2020$419K
FY2021$1.0M
FY2022$532K
FY2023$2.2M
FY2024$1.2M
FY2025$1.9M
Expenses
$1.4M
FY2025▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$254K
FY2021$404K
FY2022$600K
FY2023$805K
FY2024$1.2M
FY2025$1.4M
Net assets
$2.7M
FY2025▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$194K
FY2021$802K
FY2022$734K
FY2023$2.1M
FY2024$2.2M
FY2025$2.7M

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

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2002.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $1.1M Management & general 14% · $196K Fundraising 3% · $37K

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

11 people listed on the 990; $104K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$60,752Pt VII · Sec A
Vice President
$43,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Ex-Officio
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Eric Muller’s $61K as President & CEO is at the 5th percentile of top reported officer pay among 1552 $1–10M youth development 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Eric Muller$60,752$130,000$89,906$87,999$52,500$60,106
Stephen Smith$43,000$96,000$70,000———

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Strengthens communities through education, mentoring, and service programs.

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Provided by the organization

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3 programs · $1.1M · in their own filed words · FY2025
01

After School Programming

Dream alive mentors vulnerable youth towards career paths through 7 continual years of intentional, daily programming. This results in 250+ hours of mentoring, career development and character development per student, per year. In 2025, dream alive provided 32,291 total hours of programming, which included 95 career-based field trips.

$1.1Mprogram expense
02

21ST annual dream christmas celebration: on december 17, 2025, dream alive hosted its annual dream christmas celebration at gainbridge fieldhouse. We hosted roughly 600 guests and provided christmas gifts to 106 children from theodore potter spanish immersion school 74 and brightlane learning.

Pt IX · col B
03

Dream Awards

Bright futures in full bloom - on april 28, 2025, dream alive hosted its annual dream awards ceremony and dinner at the indiana farm bureau football center's gridiron hall. This very special event honored the achievements of our 18 graduating high school seniors, while also recognizing local companies and individuals who had a sizable…

Pt IX · col B

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 · FY2025
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.8M
Investment incomeLn 3$71K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.1M
Managementcol C$196K
Fundraisingcol D$37K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$2.7M
LiabilitiesLn 26$35K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Government grantsLn 1e$112K
Noncash giftsLn 1g$50K
Fundraising eventsLn 1c$204K
Investment incomeLn 3$71K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$372K
SavingsLn 2$1.5M
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$511K
Land, buildings, equipmentLn 10c$94K
Total assetsLn 16$2.7M
LiabilitiesLn 26$35K
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 520
VolunteersI 6468
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.2M$1.8M
InvestmentsLn 11–13$511K
Land, buildings, equipmentLn 10c$47K$94K
Total assetsLn 16$2.2M$2.7M
LiabilitiesLn 26$63K$35K
Net assetsLn 32$2.2M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$104K$89K$10K$4K
Other salaries and wagesLn 7$728K$627K$73K$28K
Other employee benefitsLn 9$51K$44K$5K$2K
Payroll taxesLn 10$65K$56K$6K$3K
Accounting feesLn 11c$8K$8K
Office expensesLn 13$76K$17K$59K
Information technologyLn 14$23K$23K
TravelLn 17$38K$38K$544
Conferences, conventions and meetingsLn 19$5K$5K
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$30K$30K
Other expenses (24a–d)Ln 24$238K$238K$0
Total functional expensesLn 25$1.4M$1.1M$196K$37K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.9M$1.4M$501K$2.7M 990 PDF
FY2024 $1.2M$1.2M$43K$2.2M 990 PDF
FY2023 $2.2M$805K$1.4M$2.1M 990 PDF
FY2022 $532K$600K−$68K$734K 990 PDF
FY2021 $1.0M$404K$607K$802K 990 PDF
FY2020 $419K$254K$165K$194K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,876,111 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,168,882$1,815,786
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $53,052$71,057
I-11 Other revenuePrior year $0−$10,732
I-12 Total revenuePrior year $1,221,934$1,876,111
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $863,830$948,296
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $315,029$427,109
I-18 Total expensesPrior year $1,178,859$1,375,405
I-19 Revenue less expensesPrior year $43,075$500,706
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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
Part VIII · Statement of revenue $1,876,111 across 8 lines filed
VIII-1c Fundraising events$203,578
VIII-1e Government grants$111,508
VIII-1f All other contributions, gifts and grants$1,500,700
VIII-1g Noncash contributions (included above)$49,668
VIII-1h Total contributions, gifts and grants$1,815,786
VIII-3 Investment incomeExcluded from tax $71,057$71,057
VIII-8 Net income from fundraising eventsExcluded from tax −$10,732−$10,732
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $60,325$1,876,111
Part IX · Statement of functional expenses $1,375,405 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $89,324 · Management $10,375 · Fundraising $4,053$103,752
IX-7 Other salaries and wagesPrograms $626,985 · Management $72,826 · Fundraising $28,447$728,258
IX-9 Other employee benefitsPrograms $44,246 · Management $5,139 · Fundraising $2,008$51,393
IX-10 Payroll taxesPrograms $55,869 · Management $6,489 · Fundraising $2,535$64,893
IX-11c Accounting feesManagement $7,897$7,897
IX-13 Office expensesPrograms $17,198 · Management $58,501$75,699
IX-14 Information technologyPrograms $22,883$22,883
IX-17 TravelPrograms $37,812 · Management $544$38,356
IX-19 Conferences, conventions and meetingsManagement $4,574$4,574
IX-22 Depreciation, depletion and amortizationPrograms $9,138$9,138
IX-23 InsuranceManagement $30,129$30,129
IX-24 Other expenses (24a–d)Programs $238,433 · Fundraising $0$238,433
IX-25 Total functional expensesPrograms $1,141,888 · Management $196,474 · Fundraising $37,043$1,375,405
Part X · Balance sheet $2,686,640 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,682,564$371,751
X-2 Savings and temporary cash investmentsStart of year $483,652$1,462,641
X-4 Accounts receivable$247,000
X-10c Land, buildings and equipment, netStart of year $47,291$94,228
X-12 Other securities$511,020
X-16 Total assetsStart of year $2,213,507$2,686,640
X-17 Accounts payable and accrued expensesStart of year $62,579$35,006
X-26 Total liabilitiesStart of year $62,579$35,006
X-27 Net assets without donor restrictionsStart of year $2,150,928$2,395,638
X-28 Net assets with donor restrictions$255,996
X-32 Total net assets or fund balancesStart of year $2,150,928$2,651,634
X-33 Total liabilities and net assetsStart of year $2,213,507$2,686,640
Part XI · Reconciliation of net assets $2,651,634 net assets at year end
XI-1 Total revenue$1,876,111
XI-2 Total expenses$1,375,405
XI-3 Revenue less expenses$500,706
XI-4 Net assets at start of year$2,150,928
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,651,634

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

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