I HAVE A DREAM FOUNDATION - NEW JERSEY INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
I HAVE A DREAM FOUNDATION - NEW JERSEY INC (EIN 02-0775259)
Tax period
2011-07-01 to 2012-06-30
Filed
2013-01-31
IRS object ID
201300319349300320
Schema version
2011v1.2
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)
Timestamp2013-01-31T08:47:50-06:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN271728945EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1O'CONNOR DAVIES LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line115 ESSEX RDAddressLine1
CityPARAMUSCity
StateNJState
ZIP Code076521412ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN020775259EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1I HAVE A DREAM FOUNDATION -BusinessNameLine1
Business Name Line2NEWARK NJ PROGRAM INCBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlIHAVNameControl
Phone8453590347Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1877 ROUTE 9WAddressLine1
CityGRANDVIEWCity
StateNYState
ZIP Code10960ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSAM SCHWARTZName
TitleTREASURERTitle
Phone8453590347Phone
Date Signed2013-01-25DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameBRIAN M FLYNNName
PTINP00739850PTIN
Phone2017129800Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonSAM SCHWARTZNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1877 ROUTE 9WAddressLine1
CityGRANDVIEWCity
StateNYState
ZIP Code10960ZIPCode
FieldValueIRS element (for citing)
Gross Receipts91475GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2006YearFormation
State Legal DomicileNJStateLegalDomicile
Activity Or Mission Description"I HAVE A DREAM" FOUNDATION - NEWARK, NJ PROGRAM, INC. IS A NONPROFIT ORGANIZATION TO MOTIVATE AND EMPOWER CHILDREN FROM LOW-INCOME COMMUNITIES TO REACH THEIR EDUCATION AND CAREER GOALS BY PROVIDING A LONG-TERM PROGRAM OF MENTORING, TUTORING, AND ENRICHMENT, AND THE PROMISE OF TUITION ASSISTANCE FOR POST-SECONDARY EDUCATION.ActivityOrMissionDescription
Nbr Voting Members Governing Body10NbrVotingMembersGoverningBody
Nbr Independent Voting Members8NbrIndependentVotingMembers
Total Nbr Employees1TotalNbrEmployees
Total Nbr Volunteers9TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year96343ContributionsGrantsPriorYear
Contributions Grants Current Year88796ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year3769InvestmentIncomePriorYear
Investment Income Current Year2679InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year100112TotalRevenuePriorYear
Total Revenue Current Year91475TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year55728SalariesEtcPriorYear
Salaries Etc Current Year53444SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year39685OtherExpensePriorYear
Other Expenses Current Year41072OtherExpensesCurrentYear
Total Expenses Prior Year95413TotalExpensesPriorYear
Total Expenses Current Year94516TotalExpensesCurrentYear
Revenues Less Expenses Prior Year4699RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-3041RevenuesLessExpensesCY
Total Assets BOY534594TotalAssetsBOY
Total Assets EOY531553TotalAssetsEOY
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY534594NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY531553NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission Description"I HAVE A DREAM" FOUNDATION - NEWARK, NJ PROGRAM, INC. IS A NONPROFIT ORGANIZATION TO MOTIVATE AND EMPOWER CHILDREN FROM LOW-INCOME COMMUNITIES TO REACH THEIR EDUCATION AND CAREER GOALS BY PROVIDING A LONG-TERM PROGRAM OF MENTORING, TUTORING, AND ENRICHMENT, AND THE PROMISE OF TUITION ASSISTANCE FOR POST-SECONDARY EDUCATION.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense72045Expense
Description"I HAVE A DREAM" FOUNDATION - NEWARK, NJ PROGRAM PROVIDES A LONG-TERM PROGRAM OF MENTORING, TUTORING, AND ENRICHMENT, AND THE PROMISE OF TUITION ASSISTANCE FOR POST-SECONDARY EDUCATION.Description
Total Program Service Expense72045TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees1NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members10NbrVotingGoverningBodyMembers
Number Independent Voting Members8NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNJStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1SAM SCHWARTZBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number8453590347TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1877 ROUTE 9WAddressLine1
CityGRANDVIEWCity
StateNYState
ZIP Code10960ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
JERRY ROBINSON
TRUSTEE1.00X000
BERNARD ROBINSON
TRUSTEE1.00X000
SAM SCHWARTZ
TREASURER1.00X000X
JAMES HUDGINS
PRESIDENT1.00X000X
CHRISTINE LYDON
TRUSTEE1.00X000
ANTHONY SANTIAGO
TRUSTEE1.00X000
DIANE HILL
TRUSTEE1.00X000
DEACON FRANCIS DIXON
TRUSTEE1.00X000
LISA COOPER HUDGINS
SECRETARY1.00X000X
PEGGY BARNETT
TRUSTEE1.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions88796AllOtherContributions
Total Contributions88796TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column2679TotalRevenueColumn
Exclusion$2,679ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column91475TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$2,679ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total39892Total
Program Services39892ProgramServices

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total1803Total
Program Services1803ProgramServices

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total11749Total
Program Services11749ProgramServices

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total816Total
Management And General816ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total1878Total
Management And General1878ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total4472Total
Management And General4472ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total3087Total
Management And General3087ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
EDUCATIONAL SERVICES1543015430
MISCELLANEOUS56625662
CAMP31713171
EVENT EXPENSES22282228

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total4328Total
Management And General4328ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total94516Total
Program Services72045ProgramServices
Management And General22471ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY418853BOY
EOY371357EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY685BOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY115056BOY
EOY160196EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY534594BOY
EOY531553EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY534594BOY
EOY531553EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY534594BOY
EOY531553EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY534594BOY
EOY531553EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-3041ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or Review1AccountantCompileOrReview
FS Audited0FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years139319CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years78833CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years81253CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year82643CurrentTaxYearMinus1Year
Current Tax Year88796CurrentTaxYear
Total470844Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years139319CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years78833CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years81253CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year82643CurrentTaxYearMinus1Year
Current Tax Year88796CurrentTaxYear
Total470844Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total78900AmountsSubstContributorsTotal
Public Support Total170391944PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years18414CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years9117CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years6840CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3769CurrentTaxYearMinus1Year
Current Tax Year2690CurrentTaxYear
Total40830Total
FieldValueIRS element (for citing)
Total Support511674TotalSupport
Public Support Pertcentage1700.76600PublicSupportPertcentage170
Public Support Pertcent Prior Year0.90260PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Securities OtherSecurities (3 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
WELLS FARGO SWEEP ACCT3977F
INVESCO TAX EX FUND30012F
VANGUARD HEALTHCARE126207F
FieldValueIRS element (for citing)
Total Of Book Value Securities160196TotalOfBookValueSecurities

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION A, LINE 2FORM 990 PART VI LINE 2: JERRY ROBINSON AND BERNARD ROBINSON HAVE A FAMILY RELATIONSHIP. JAMES HUDGINS AND LISA COOPER HUDGINS HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11FORM 990 PART VI LINE 11A: WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, AN ELECTRONIC OR PAPER COPY IS SENT TO MEMBERS OF THE BOARD FOR REVIEW AND COMMENTS. ANY COMMENTS AND QUESTIONS CONCERNING THE 990 ARE DISCUSSED WITH MANAGEMENT AND APPROPRIATE ACTIONS ARE TAKEN WHEN NECESSARY BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION C, LINE 19FORM 990 PAGE 6 PART VI LINE 19: "I HAVE A DREAM" FOUNDATION MAKES IT FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF TH INTERNAL REVENUE CODE BY POSTING OF THE RETURN ON FOUNDATIONCENTER.ORG.
FORM 990, PART XII, LINE 2DTHE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.