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MISSION

The organization was created with the intention of hosting car inspired events for children with special needs and those fighting life threatening illnesses. These events can range from carnivals for the children to organizing food banks.

 FORM 1023-EZ for DRIVE4DREAMS INC

DEMOGRAPHIC

ADDRESS
67 WEST 71ST STREET
10023
COUNTY
new york county, NY

ORGANIZATIONAL OVERVIEW & RANKINGS

DRIVE4DREAMS INC is a based in NEW YORK, NY, focused on Educational Institutions and Related Activities causes , specifically Fund Raising and/or Fund Distribution. Established in December 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,133.00, this ranks 747,805 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 57,538 out of 159,053 organizations in NY (Top 37%).

In new york county, NY, the organization ranks 15,231 out of 28,878 nonprofits by assets (Top 53%), while locally in new york, it stands at 15,147 among 28,547 organizations (Top 53%).

The organization reported no revenue in the most recent filing period, placing it at 1,892,580 nationally and 153,218 in NY.

Within its specific NTEE classification (B12 - B: Educational Institutions and Related Activities), which includes 11,494 similar organizations, DRIVE4DREAMS INC ranks 2,825 in assets (Top 25%) and 11,299 in revenue (Top 99%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 and was reinstated on November 15, 2023 .

The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
Reinstated: Wednesday, November 15, 2023
Data current as of Oct. 2024
TAX PERIOD
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$1.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2023
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$2,133.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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