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RELEASING DREAMS NETWORK INC

SHELBY, North Carolina, 28150

EIN: 85-3804625

Human Services - Multipurpose and Other

MISSION

THE ORGANIZATION IS INCORPORATED SOLELY FOR CHARITABLE PURPOSES. THE PURPOSE IS TO PROVIDE ADVOCACY, PROGRAMMING, AND RESOURCES FOR INDIVIDUALS IN NEED OF SUPPORTS; AND EMPOWER, ENCOURAGE AND ENRICH THE LIVES OF CHILDREN, WOMEN, FAMILIES, AND COMMUN

 FORM 1023-EZ for RELEASING DREAMS NETWORK INC

DEMOGRAPHIC

ADDRESS
1616 KINGS RD
28150
COUNTY
cleveland county, NC
IN CARE OF NAME
GABRIEL RAMSEUR

ORGANIZATIONAL OVERVIEW & RANKINGS

RELEASING DREAMS NETWORK INC is a based in SHELBY, NC, focused on Human Services - Multipurpose and Other causes , specifically Children's, Youth Services. Established in February 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,562,204 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 59,490 out of 80,207 organizations in NC (Top 75%).

In cleveland county, NC, the organization ranks 574 out of 611 nonprofits by assets (Top 94%), while locally in shelby, it stands at 365 among 365 organizations (Top 100%).

The organization reported no revenue in the most recent filing period, placing it at 2,038,545 nationally and 57,350 in NC.

Within its specific NTEE classification (P30 - P: Human Services - Multipurpose and Other), which includes 10,314 similar organizations, RELEASING DREAMS NETWORK INC ranks 9,939 in assets (Top 97%) and 9,938 in revenue (Top 97%).

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

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a May 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
P: Human Services - Multipurpose and Other
NTEE CODE
P30: Children's, Youth Services
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, November 15, 2023;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Sep. 2023
TAX PERIOD
N/A
ACCOUNTING PERIOD
06
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 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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