DREAMSPRING
AI Summary
DREAMSPRING is a nonprofit CDFI and SBA lender focused on entrepreneurship and dedicated to expanding economic inclusion for underserved small business owners across 27 states, including low-income earners, rural communities, startups, and people with disabilities. Founded in 1994, it reported a 2024 operating budget of $14.3M and total revenue of $14.5M, with major funders including JPMORGAN CHASE FOUNDATION, EWING MARION KAUFFMAN FOUNDATION, and Wells Fargo Foundation.
Mission Statement
DREAMSPRING IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND U.S. SMALL BUSINESS ADMINISTRATION (SBA) LENDER DEDICATED TO ACCELERATING THE ECONOMIC INCLUSION AND STRENGTH OF UNDERSERVED COMMUNITIES. FOUNDED IN 1994, THE ORGANIZATION PROVIDES RAPID ACCESS TO CAPITAL AND CUSTOMIZED WRAP-AROUND SUPPORT TO THE MOST VULNERABLE SMALL BUSINESS OWNERS IN 27 STATES, FOCUSING ON UNDERCAPITALIZED COMMUNITIES INCLUDING LOW-INCOME EARNERS, RURAL COMMUNITIES, STARTUPS, PEOPLE WITH DISABILITIES, AND OTHERS."
Cause Areas
1
Entrepreneurship
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 65 funders
- 64 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is DREAMSPRING’s budget?
In 2024, DREAMSPRING reported an annual operating budget of around $14.3 million. More detailed financial information is available to registered users.
What causes does DREAMSPRING support?
DREAMSPRING supports work in Entrepreneurship.
Where does DREAMSPRING operate?
DREAMSPRING is headquartered in Albuquerque, NM.
Who funded DREAMSPRING recently?
In 2025, DREAMSPRING received grants from TARGET FOUNDATION, GREAT RIVERS COMMUNITY TRUST, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant DREAMSPRING received in 2024?
The largest grant to DREAMSPRING in 2024 exceeds $256 thousand.
What is DREAMSPRING’s reliance on government grants?
DREAMSPRING relied on government grants for more than 15% of their total revenue in 2024.