DREAMFIELD FOUNDATION

EIN: 800102481 501(c)(3) Philanthropy & Grantmaking

Midlothian, VA

Total Revenue
$308,400
Total Expenses
$16,992
Total Assets
$303,000
Net Assets
$300,000
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
VA
Principal Officer
Steven Leighty
Phone
8043498785
Tax Period
2025-01-01 to 2025-12-31

DREAMFIELD FOUNDATION, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $308K in total revenue in fiscal year 2025. The organization ran a surplus of $291K, a strong 94% operating margin.

Mission

The mission is to raise money and awareness for smaller scholarships and nonprofits through the event creation which reaches thousands of attendees each year.

Program Service Accomplishments

Program 1
Expenses: $16,992 Revenue: $27,128

Three individual charity concert events utilizing volunteer staff to raise money and awareness for local charities and scholarships. Revenue generated from the event reached over 10,000 attendees and...

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Three individual charity concert events utilizing volunteer staff to raise money and awareness for local charities and scholarships. Revenue generated from the event reached over 10,000 attendees and contributions were made to local charitable organizations for their volunteer staff contributions. The objective of the series is to bring awareness to the community and serve as a conduit for revenue generation to some lesser known charitiable organizations who don't have the capacity to spread awareness themselves.

Program 2
Expenses: $0 Revenue: $5,000

Multi-day charity concert spanning one weekend of the year. The event reached over 12,000 participants who attended and served local business owners and other non-profit organizations. The objective...

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Multi-day charity concert spanning one weekend of the year. The event reached over 12,000 participants who attended and served local business owners and other non-profit organizations. The objective of the festival was to bring awareness to the community and serve as a conduit for revenue generation to some lesser known charitiable organizations who don't have the capacity to spread awareness themselves.

Program 3
Expenses: $0 Revenue: $0

Volunteer service events established to support local food banks and smaller non-profit organizations who don't have enough staff to support their missions. All time is donated by the coordinated...

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Volunteer service events established to support local food banks and smaller non-profit organizations who don't have enough staff to support their missions. All time is donated by the coordinated efforts of the foundation and there is no cost or revenue generated from these service events throughout the year. The team participated in 12 individual events this past year, and the mission is to continue to grow the number of people involved as well increase the number of events year over year.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $307,128
Program Service Revenue $0
Investment Income $1,272
Other Revenue $0
TOTAL REVENUE $308,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $16,992
Other Expenses $16,992
TOTAL EXPENSES $16,992

Year-over-Year Comparison

2025 2024 Change
Revenue $308,400 $308,401 0.0%
Expenses $16,992 $16,992 N/A
Net Income $291,408 $291,409 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steven Leighty President 3.00
Officer
$0 $0 $0
James Leighty Vice-President 2.00
Officer
$0 $0 $0
Jonas Beals Secretary 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $308,400 $16,992 $303,000 $291,408
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