MILDREDS DREAM FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MILDREDS DREAM FOUNDATION INC (EIN 84-3762271)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-16
IRS object ID
202511979349300441
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-16T14:43:49-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN475478565PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Genovese Zdon & Associates LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line155 Realty Drive Suite 310AddressLine1Txt
CityCheshireCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06410ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN843762271EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MILDRED'S DREAM FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMILDBusinessNameControlTxt
Phone8577773482PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 170909AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02117ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD PILTCHPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8577773482PhoneNum
Signature2025-07-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRobert B Zdon CPAPreparerPersonNm
PTINP00356522PTIN
Phone2032502075PhoneNum
Preparation2025-07-16PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRICHARD PILTCHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 BOYLSTON STREET UNIT 220AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$959,912GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.mildredsdreamfoundation.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2019FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES FOR THE ADVANCEMENT OF EDUCATION, THE PROMOTION OF HEALTH, AND THE RELIEF OF THE DISTRESSED, INCLUDING INDIVIDUALS AND FAMILIES AFFECTED BY CANCER, MENTAL HEALTH ISSUES AND HEALTH-RELATED CONCERNS, VIOLENCE OR ABUSE.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$787,089PYContributionsGrantsAmt
CY Contributions Grants$916,369CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$22,827PYInvestmentIncomeAmt
CY Investment Income$43,543CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$809,916PYTotalRevenueAmt
CY Total Revenue$959,912CYTotalRevenueAmt
PY Grants And Similar Paid$562,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$835,014CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$22,829PYOtherExpensesAmt
CY Other Expenses$25,384CYOtherExpensesAmt
PY Total Expenses$585,329PYTotalExpensesAmt
CY Total Expenses$860,398CYTotalExpensesAmt
PY Revenues Less Expenses$224,587PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$99,514CYRevenuesLessExpensesAmt
Total Assets BOY$343,882TotalAssetsBOYAmt
Total Assets EOY$445,668TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$343,882NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$445,668NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES FOR THE ADVANCEMENT OF EDUCATION, THE PROMOTION OF HEALTH, AND THE RELIEF OF THE DISTRESSED, INCLUDING INDIVIDUALS AND FAMILIES AFFECTED BY CANCER, MENTAL HEALTH ISSUES AND HEALTH-RELATED CONCERNS, VIOLENCE OR ABUSE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$860,398ExpenseAmt
Grant$835,014GrantAmt
Revenue$916,369RevenueAmt
DescTHE ORGANIZATION SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES FOR THE ADVANCEMENT OF EDUCATION, THE PROMOTION OF HEALTH, AND THE RELIEF OF THE DISTRESSED, INCLUDING INDIVIDUALS AND FAMILIES AFFECTED BY CANCER, MENTAL HEALTH ISSUES AND HEALTH-RELATED CONCERNS, VIOLENCE OR ABUSE.Desc
Total Program Service Expenses$860,398TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT ZDONPersonNm
Phone2032502075PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 689AddressLine1Txt
CityWESTBROOKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06498ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RICHARD PILTCH
PRESIDENT15.00Yes (X)Yes (X)$0$0$0
ROBERT ZDON
TREASURER15.00Yes (X)Yes (X)$0$0$0
DEBORAH PILTCH
DIRECTOR10.00Yes (X)$0$0$0
CALEB PILTCH-LOEB
DIRECTOR5.00Yes (X)$0$0$0
ANDREW GOLDBERG
DIRECTOR5.00Yes (X)$0$0$0
MARK GUDAITIS
DIRECTOR5.00Yes (X)$0$0$0
ASHLEY WADE
DIRECTOR5.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$759,480FundraisingAmt
All Other Contributions$156,889AllOtherContributionsAmt
Total Contributions$916,369TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,543TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$759,480ContriRptFundraisingEventAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$959,912TotalRevenueColumnAmt
Related Or Exempt Func Income$43,543RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$835,014TotalAmt
Program Services$835,014ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,456TotalAmt
Program Services$1,456ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,560TotalAmt
Program Services$1,560ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CREDIT CARD FEES$21,448$21,448$0$0
BANK CHARGES & FEES$920$920$0$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$860,398TotalAmt
Program Services$860,398ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$341,915BOYAmt
EOY$441,711EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,967BOYAmt
EOY$3,957EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$343,882BOYAmt
EOY$445,668EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$343,882BOYAmt
EOY$445,668EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$343,882BOYAmt
EOY$445,668EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$343,882BOYAmt
EOY$445,668EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$99,514ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,757NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$485PriorPeriodAdjustmentsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$440,918CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$327,408CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$345,118CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$787,041CurrentTaxYearMinus1YearAmt
Current Tax Year$916,369CurrentTaxYearAmt
Total$2,816,854TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$440,918CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$327,408CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$345,118CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$787,041CurrentTaxYearMinus1YearAmt
Current Tax Year$916,369CurrentTaxYearAmt
Total$2,816,854TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$815,077SubstantialContributorsTotAmt
Public Support Total170$2,001,777PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$4CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,857CurrentTaxYearMinus1YearAmt
Current Tax Year$43,543CurrentTaxYearAmt
Total$66,409TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$2,883,263TotalSupportAmt
Public Support CY1700.69430PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 2THE PILTCH FAMILY MAKE UP THREE OF THE SEVEN MEMBERS OF THE BOARD OF DIRECTORS.
Pt VI, Line 11bTHE PRESIDENT REVIEWS AND SIGNS THE 990. AT THE NEXT BOARD MEETING THE GOVERNING BOARD IS MADE AWARE OF THE 990 FILING AND 990 FORM IS REVIEWED BY THE GOVERNING BOARD IF WARRANTED.
Pt VI, Line 12cTHE BOARD OF DIRECTORS REVIEW AND SIGN OFF ANNUALLY ON ANY POTENTIAL CONFLITS OF INTEREST.

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