THE NEW AMERICAN DREAM FOUNDATION INC: Form 990EZ, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
THE NEW AMERICAN DREAM FOUNDATION INC (EIN 81-1540774)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-03-13
IRS object ID
201820729349200547
Schema version
2017v2.2
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)
Return2018-03-13T22:39:23ZReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN431871840PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HRB TAX GROUP INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1153 GREENWOOD AVEAddressLine1Txt
CityBETHELCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06801ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN811540774EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE NEW AMERICAN DREAM FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTHENBusinessNameControlTxt
Phone2037300457PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line132 FARVIEW AVE 2ND FLAddressLine1Txt
CityDANBURYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06810ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCELIA BACELAR-PALMARESPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2037300457PhoneNum
Signature2018-03-05SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJanice HaasePreparerPersonNm
PTINP00075476PTIN
Phone2032073250PhoneNum
Preparation2018-03-13PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressTRIBUNAAMERICANDREAMAWARDS.COMWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Type Of Organization OtherPUBLIC CHARITYTypeOfOrganizationOtherDesc
Gross Receipts$69,813GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$43,500ContributionsGiftsGrantsEtcAmt
Investment Income$6InvestmentIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Other Revenue Total$26,307OtherRevenueTotalAmt
Total Revenue$69,813TotalRevenueAmt
Grants And Similar Amounts Paid$27,680GrantsAndSimilarAmountsPaidAmt
Occupancy Rent Utlts And Maint$3,613OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$2,403PrintingPublicationsPostageAmt
Other Expenses Total$36,023OtherExpensesTotalAmt
Total Expenses$69,719TotalExpensesAmt
Excess Or Deficit For Year$94ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$14,522NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,616NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$15,308BOYAmt
EOY$15,794EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,308BOYAmt
EOY$15,794EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$786BOYAmt
EOY$1,178EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$14,522BOYAmt
EOY$14,616EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTO PROVIDE SCHOLARSHIPS AND FINANCIAL INCENTIVES FOR STUDENTS, VETERANS, PERSONS OF THE YEAR AND LOCAL NON PROFIT ORGANIZATIONS THAT SHARE IN THE CORE AMERICAN VALUES OF EQUAL OPPORTUNITY, PROGRESS, AND FREEDOM IN THE AREAS OF EDUCATION, HEALTH AND CIVIC ENGAGEMENT..PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTHE NEW AMERICAN DREAM FOUNDATION, INC (TNADF) HAVE SINCE 2014 PRESENTED THE AMERICAN DREAM AWARDS TO 12 STUDENTS OF THE YEAR, 4 PERSONS OF THE YEAR, 3 VETERANS OF THE YEAR, AND 2 NON-PROFIT ORGANIZATIONS. THAT REPRESENTS A TOTAL OF $44,000 IN SCHOLARSHIPS AND FINANCIAL INCENTIVES THAT WAS ONLY POSSIBLE TO BE ACHIEVED WITH THE CONTINUOUS COMMITMENT AND SUPPORT OF EACH ONE OF OUR SPONSORS/DONORS. THE AMERICAN DREAM AWARDS GALA, WHICH IS THE MAIN FUND RAISING FOR THE FOUNDATION, ALSO RAISES FUNDS TO BENEFIT THE WESTERN CONNECTICUT HEALTH NETWORK/DANBURY HOSPITAL. FOR THE PAST FOUR YEARS, TNADF HAS WORKED WITH LOCAL VENUES TO KEEP FOOD COST DOWN SO IT COULD GIVE MORE TO THE HOSPITAL. IN 2017, THE $15000 IN PROCEEDS FROM THE EVENT'S TICKETS SALES WERE DONATED TO THE HOSPITAL TO HELP SUBSIDIZE PART OF THE COST OF THE MISSION MERCY- A DAY OF WELLNESS PROVIDED BY A PARTNERSHIP BETWEEN DANBURY HOSPITAL AND WESTERN CT STATE UNIVERSITY TO OFFER FREE HEALTH CARE TREATMENT TO THE LOCAL UNINSURED POPULATION. SO FAR, THE EVENT HAS RAISED $49000 JUST FOR THE HOSPITAL. BETWEEN SCHOLARSHIPS AND THE HOSPITAL FUNDS THAT AMOUNT IS $95,680 SINCE THE EVENT'S INCEPTION. THE DONATIONS TNADF RECEIVES FROM ITS SPONSORS ARE UTILIZED TO OFFSET THE COSTS OF THE AMERICAN DREAM AWARDS GALA AND USED FOR THE SCHOLARSHIPS THAT HELP OUT STUDENTS SUBSIDIZE THE COST OF THEIR COLLEGE TUITION. AND MANY OF THE RECIPIENTS HAVE REMAINED IN THE AREA ATTENDING LOCAL UNIVERSITIES SUCH AS THE WESTERN CT STATE UNIVERSITY, AND UCONN. IN 2017, TNADF HELD FOR THE FIRST TIME THE CHILDREN'S CHRISTMAS CHARITY EVENT WHICH PROVIDED FOOD, AND AN OPPORTUNITY FOR UNDERPRIVILEGED CHILDREN TO HAVE THEIR PICTURE TAKEN WITH SANTA CLAUS. OVER 500 CHILDREN PARTICIPATED IN THE EVENT. THE EVENT COST $2,680 WHICH WAS PAID IN PART WITH TNADF'S FUNDS AND DONORS CONTRIBUTIONS. IT IS ALSO PART OF TNADF'S PLAN TO FINANCIALLY ASSIS LOCAL NON-PROFITS. FOR THAT, WE ARE ASKING THE COMMUNITY TO MAKE DONATIONS OF ANY AMOUNT, ANYTIME OF THE YEAR THROUGH THE FOUNDATION'S WEBSITE. THAT WAY, TNADF WILL BE ABLE TO BUILD A FUND SEPARATE FROM THE MONEY FOR THE SCHOLARSHIPS TO ASSIST LOCAL NON-PROFITS WITH MISSIONS THAT IDENTIFY WITH THE NEW AMERICAN DREAM FOUNDATION'S CORE PURPOSE.DescriptionProgramSrvcAccomTxt
FieldValueIRS element (for citing)
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
CELIA BACELARPALMARES
PRESIDENT20.00$0
EMANUELA PALMARES
VICE PRESIDENT20.00$0
GENILSON PALMARES
TREASURER/SECRETARY20.00$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPRISCILA OLIVEIRAPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1281 MAIN STAddressLine1Txt
CityDanburyCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06810ZIPCd
FieldValueIRS element (for citing)
Phone2037300457PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$68,595CurrentTaxYearMinus1YearAmt
Current Tax Year$69,807CurrentTaxYearAmt
Total$138,402TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$68,595CurrentTaxYearMinus1YearAmt
Current Tax Year$69,807CurrentTaxYearAmt
Total$138,402TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$138,402PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$3CurrentTaxYearMinus1YearAmt
Current Tax Year$6CurrentTaxYearAmt
Total$9TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$3CurrentTaxYearMinus1YearAmt
Current Tax Year$6CurrentTaxYearAmt
Total$9TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$68,598CurrentTaxYearMinus1YearAmt
Current Tax Year$69,813CurrentTaxYearAmt
Total$138,411TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99990PublicSupportCY509Pct
Investment Income CY0.00010InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
LINE 8 PART 1AUCTION CONTRIBUTION REVENUE - $3921
LINE 8 PART 1DONATION INCOME - $2686
LINE 8 PART 1SPECIAL EVENTS REVENUE - $19700
LINE 10 PART 1DONATIONS & CHARITABLES CONTRIBUTIONS - $27680
LINE 16 PART 1DUES & SUBSCRIPTIONS - $524
LINE 16 PART 1ACCOUNTING FEES - $625
LINE 16 PART 1MEALS AND ENTERTAINMENT - $28736
LINE 16 PART 1MERCHANT FEES - $704
LINE 16 PART 1SPECIAL EVENTS - $500
LINE 16 PART 1PEACE LOVE PROJECT - $4934
LINE 26 PART 2LOANS - $1147

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonCELIA BACELAR-PALMARESPersonNm
Short ExplanationNO COMPENSATIONShortExplanationTxt

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonEMANUELA PALMARESPersonNm
Short ExplanationNO COMPENSATIONShortExplanationTxt

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonGENILSON PALMARESPersonNm
Short ExplanationNO COMPENSATIONShortExplanationTxt

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