DREAMSPRING

Albuquerque, NM, US
501(c)3
EIN
85-0417347
Logo for "DREAMSPRING"
Albuquerque, NM, US
501(c)3
EIN
85-0417347

Overview

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Est.

1994

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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DREAMSPRING is a nonprofit community development financial institution (CDFI) and U.S. Small Business Administration (SBA) lender founded in 1994, dedicated to enhancing economic inclusion and strength in underserved communities across 27 states. With an operating budget of $14.3 million and total revenue of $14.5 million, the organization provides rapid access to capital and tailored support to vulnerable small business owners, including those in low-income and rural areas, as well as individuals with disabilities. DREAMSPRING does not rely on a single funder for 50% or more of its revenue. For more information, visit www.dreamspring.org.

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."
Revenues

$14.5M

Expenses

$14.3M

Net Income:
+$244.1K
Assets

$69.2M

Liabilities

$44.2M

Net Assets:
+$25M
Operating Budget

$14.3M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

16

Median grant size
$22.5K
Largest grant received
$256.1K
A
Anne Haines
Board Member
J
Jerrie Merritt
Board Member
B
Betty Arkell
Board Member

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.
Overview
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