Mountain Dreamers

Frisco, CO · Public charity (501(c)(3)) · Civil Rights & Advocacy

✓ Tax-deductible Latest data FY2024
Revenue
$912K
▲ +37% vs prior year
Spent
$645K
To programs
88%
Net assets
$625K

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Colorado Immigrant Rights Coalition
$20K in the latest grant year.
Spent on programs?
88% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +37% vs prior year
Legal name (IRS)Hdr · item CMountain Dreamers
EINHdr · item D61-1897751
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2019
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CFrisco, CO
NTEE classificationIRS BMFCivil Rights & Advocacy (R20)
WebsiteHdr · item Jwww.mountaindreamers.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.10 Fundraising $0.02
Program services88%$565K
Management & general10%$67K
Fundraising2%$12K
Total functional expensesLn 25$645K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$912K
FY2024▲ +37%
Expenses
$645K
FY2024▲ +8%
Program efficiency
88%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
11.9mo
months of highly liquid reserves at operating expense rate▲ +59% vs prior filing year
Surplus margin
+29%
revenue over expenses, this year▲ +171% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$641K
FY2024▲ +72%
Total liabilities
$16K
FY2024▲ +18%
Revenue less expensesPt I · Ln 19$267K
Total assetsPt X · Ln 16$641K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$620K
Total assetsLn 16$641K
Total liabilitiesLn 26$16K
Total net assetsLn 32$625K
Months of cash on handcomputed11.5

Statement of Revenue

Part VIII
Contributions & grants$883K · 97%
Program service revenue$27K · 3%
Contributions & grants97%$883K
Program service revenue3%$27K
Investment income$717
Other revenue$1K
— government grantsLn 1e$242K
Total revenueLn 12$912K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $620K · Operating expenses (Pt IX) $645K · Less non-cash grants $18K · Cash operating expenses/yr $627K
11.9 months
Where the money goes
Program services
Program services $565K · Total expenses $645K
88%
Management & General
Management & general $67K · Total expenses $645K
10%
Fundraising
Fundraising $12K · Total expenses $645K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $25K · Solicited contributions (3-yr avg) $506K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $883K · Total revenue $912K
97%
Government reliance
Government grants $242K · Total revenue $912K
27%
Earned-income share
Program service revenue $27K · Total revenue $912K
3%
Investment reliance
Investment income $717 · Total revenue $912K
+0.08%
Program self-sufficiency
Program service revenue $27K · Total expenses $645K
4%
Growth & trend
Revenue growth (YoY)
This year $912K · Prior year $667K
+37%
Revenue CAGR
FY2020 $268K · FY2024 $912K
+36%
Net-asset trend (YoY)
End of year $625K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $912K · Expenses $645K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $641K
—
Net-asset ratio
Net assets $625K · Total assets $641K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $641K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Peter Bakken · Reported title EXECUTIVE DI · Highest reported compensation $81K · Total expenses $645K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $255K · Total expenses $645K
40%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 10%——
Fundraising cost ratio 1%——
Revenue growth 37%——
Accounting fee ratio 0.5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$80,913Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Member at La
$0Pt VII · Sec A
Member at La
$0Pt VII · Sec A
Member at La
$0Pt VII · Sec A

Peter Bakken’s $81K as Executive Di is at the 59th percentile of top reported officer pay among 1031 $100K–1M civil rights & advocacy 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

NameFY2024FY2023FY2022FY2021FY2020
Peter Bakken$80,913$79,563$70,132$61,076$57,500

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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Empowering Rocky Mountain residents to advocate for immigrants' rights through community education.

Provided by the organization

This section is blank until Mountain Dreamers claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $446K of program spending, described in the organization's own filed words · FY2024.
01

Community Education/Advocacy

In 2024 MD participated on state and local policy advocacy efforts related to immigration legal defense, the co immigrant driver's licenses, and equitable access to housing and transportation. Language justice to build a more equitable summit school district.

$278Kprogram expense
02

Immigrant Services

In 2024, MD served 2087 individual unique immigrant cases with resources and referrals to partner agencies on a variety of needs, and with in-person assistance to obtain the co immigrant driver's license; with tax preparation and itin applications, wage theft; and with gaining professional and occupational state licensing.

$140Kprogram expense
03

Immigration Legal Services

In 2024, MD helped 550 people with some type of immigration related legal service, with priority given to cases involving daca renewals & advance parole, gaining work authorization and protection from deportation, victims of violence, persons fleeing persecution and violence and seeking asylum, women and families, and juvenile victims of…

$28Kprogram expense

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Funders

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$20K
Grants paid · 12 grants · $296K · 2020–2024
Unitemized GrantFY2024$20,360
Unitemized GrantFY2024$1,522
Unitemized GrantFY2024$180
Unitemized GrantFY2024$57
Unitemized GrantFY2024$49
Unitemized GrantFY2023$106,115
Unitemized GrantFY2022$57,665
Unitemized GrantFY2022$7,655
Unitemized GrantFY2021$37,100
Unitemized GrantFY2021$9,970
Unitemized GrantFY2020$33,795
Unitemized GrantFY2020$22,000

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $912K$645K+37% 990 PDF
FY2023 $667K$595K+61% 990 PDF
FY2022 $415K$341K+67% 990 PDF
FY2021 $249K$191K-7% 990 PDF
FY2020 $268K$142K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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