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Dreamspring

Albuquerque, NM · EIN 85-0417347 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Dreamspring reported $8.8 million in revenue and $8.5 million in expenses for calendar year 2025. Of every $100 it spent, $86.28 went to program services, $8.25 to management and general costs and $5.47 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 56.7% of the total. The highest compensation it reported for one person was $307,018 (PRES/CEO(THRU 7/25)/SR. BOARD ADVISOR). 10 people received more than $100,000 in reportable compensation. Revenue fell 9% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $8.5M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $8.8M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
86.3%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
8.3%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
5.5%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.19$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
28.3%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.8%14.9%
Program service revenue share
Part VIII 2g ÷ 12
56.7%11.9%
Highest reported compensation
Part VII-A, columns D–F
$307,018$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.62%1.49%
People paid over $100,000
Part VII, line 2
105
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
36.39.2
Independent voting board members
Part VI 1a–1b
9 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$7.3M expenses · 100.0% of program spending · revenue $5.1M

No description in Part III; see the filing.

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRES/CEO(THRU 7/25)/SR. BOARD ADVISOR
Director/trustee, officer, 40.00 hrs/week
$283,076$0$23,942$307,018
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$258,723$0$27,310$286,033
ACTING CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$243,538$0$7,503$251,041
CHIEF CREDIT OFFICER
Officer, 40.00 hrs/week
$206,342$0$14,850$221,192
CHIEF ENAGEMENT OFFICER
Officer, 40.00 hrs/week
$199,167$0$18,577$217,744
DIRECTOR OF MARKETING
Key employee, 40.00 hrs/week
$160,329$0$14,110$174,439
SR. DIRECTOR OF FINANCE
Key employee, 40.00 hrs/week
$162,992$0$10,117$173,109
DIRECTOR OF TECHNOLOGY
Highest compensated employee, 40.00 hrs/week
$121,791$0$17,739$139,530

10 people received more than $100,000 in reportable compensation from Dreamspring (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M2019202020212022202320242025$8.8M$8.5M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$8.8M$8.5M86.3%$26M$307,018
2024 ⓘ$15M$14M88.4%$25M$296,658
2023 ⓘ$15M$23M91.6%$25M$276,374
2022 ⓘ$26M$20M90.1%$38M$309,809
2021 ⓘ$25M$9.1M84.6%$32M$270,980
2020 ⓘ$18M$16M92.9%$16M$202,655
2019 ⓘ$9.7M$12M91.1%$13M$224,133

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 541
  • Volunteers Part I, line 611

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only
IT SOLUTIONS CONSULTING
It consultations
$143,177

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

7 private foundations reported grants to Dreamspring totaling $4.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Dreamspring's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Dreamspring, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in New Mexico

Questions people ask

How much of Dreamspring's spending goes to programs?

In calendar year 2025, Dreamspring reported that 86.3% of its $8.5 million in expenses went to program services, 8.3% to management and general and 5.5% to fundraising (Form 990, Part IX).

How much does Dreamspring pay its top executive?

The largest total compensation Dreamspring reported for one person in calendar year 2025 was $307,018, for the role of PRES/CEO(THRU 7/25)/SR. BOARD ADVISOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Dreamspring get its money?

Of $8.8 million in revenue in calendar year 2025, 28.3% came from contributions and grants (including 2.8% from government grants) and 56.7% from program service revenue (Form 990, Part VIII).

Is Dreamspring a registered charity?

The IRS lists EIN 85-0417347 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202602099349300710 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202503089349301040 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202413039349301611 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303069349301450 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233139349302053 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202142869349300524 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202001769349301205 · read the filing

All filings for EIN 85-0417347: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.