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North Carolina · Nonprofit

DreamKey Partners Inc

DreamKey Partners Inc (North Carolina) receives grants from 19 organizations whose IRS filings report $8,656,479 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($4,962,295). 10 of them have funded it in more than one year.

Revenue FY2024
$28M
Funders on record
19
Grants received
$8.7M
Net assets
$22M
10/19 repeat funderspeak grant-dependency 7%
01What it does

What DreamKey Partners Inc does

Mission

To provide housing to low and moderate income families.

As stated on its FY2024 Form 990.

Program

  1. Dreamkey partners, inc. Is a nonprofit housing development and finance corporation organized in the state of north carolina on july 5, 1988 to expand affordable and well-maintained housing and promote stable neighborhoods for low and moderate income families with a continuing interest in the ability of occupants to more fully enter the economic mainstream. The strategies that dreamkey partners, inc. Has adopted to fulfill its mission are as follows: revitalizing targeted inner city neighborhoods, developing and managing affordable rental property, and providing homeownership opportunities. Dreamkey partners, inc. Is designated as a community based development organization (cbdo) by the city of charlotte.

    $17,751,843 spent$21,387,763 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $17,751,843.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($14M) Expenses 100 ($11M) Net assets 100 ($17M)2018 Revenue 105 ($15M) Expenses 118 ($13M) Net assets 123 ($20M)2019 Revenue 94 ($14M) Expenses 105 ($12M) Net assets 123 ($20M)2020 Revenue 235 ($34M) Expenses 301 ($33M) Net assets 127 ($21M)2021 Revenue 609 ($88M) Expenses 738 ($82M) Net assets 166 ($27M)2022 Revenue 563 ($81M) Expenses 718 ($79M) Net assets 177 ($29M)2023 Revenue 178 ($26M) Expenses 218 ($24M) Net assets 80 ($13M)2024 Revenue 191 ($28M) Expenses 194 ($22M) Net assets 132 ($22M)
'17'18'19'20'21'22'23'24
Revenue (191)Expenses (194)Net assets (132)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $77M to $109M (+41%).

$68M
$67M
$74M
$77M
$109M
$135M
$126M
$153M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 17% · 2018 19% · 2019 11% · 2020 68% · 2021 79% · 2022 74% · 2023 26% · 2024 15%. Grants only. Government contracts and fees sit inside program revenue.

23% of DreamKey Partners Inc’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 888 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$3.4M
’17
$2.1M
’18
$1.9M
’19
$637k
’20
$6.4M
’21
$1.8M
’22
$1.6M
’23
$6.1M
’24
8.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Ms Jessica Hindman

Board Chair

As listed on its FY2024 Form 990.

2017201820192020202120222024
Listed26252628272926
Joined·+6+6+5+2+5·
No longer listed·75333·
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 9 funders, grant income rose $567k → $1.5M.

2 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of DreamKey Partners Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

DreamKey Partners Inc leans on a few funders — its largest provides 57% of grant income and the top three 71%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DreamKey Partners Inc.

57%
largest funder
71%
top three
~3
effective funders

Largest funder’s share by year: 2017 84% · 2018 100% · 2019 64% · 2020 67% · 2021 54% · 2022 88% · 2023 32% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

44% of DreamKey Partners Inc's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

DreamKey Partners Inc draws 78% of its grant income from funders outside North Carolina, across 9 states in all.

ME
MN
NY
MA
MD
AZ
NC
DC
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $193k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

DreamKey Partners Inc runs a healthier operating margin than three-quarters of the 818 housing & shelter nonprofits its size.

Operating margin22% · top quartile
Months of reserve8.5mo · top quartile
Revenue growth (annualized)10% · below the median

this organization peer median middle 50% of peers· 818 housing & shelter nonprofits $10M–$100M, FY2024

Government funding DreamKey Partners Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.0M on record.

Federal$3.0M
grants $3.0Mcontracts $0
Top agencies
  • Department of Housing and Urban Development$3.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like DreamKey Partners Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

20
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

SC
GA

Part of a family of 69 related entities

  • Billingsley Road LLC · disregarded
  • CFU Brighton Place LLC · disregarded
  • CFU Pleasant View LLC · disregarded
  • CFU Portfolio LLC · disregarded
  • CFU Shelton Knoll LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for DreamKey Partners Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds DreamKey Partners Inc?
DreamKey Partners Inc (North Carolina) receives grants from 19 organizations whose IRS filings report $8,656,479 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($4,962,295). 10 of them have funded it in more than one year.
How many funders does DreamKey Partners Inc have?
IRS filings report 19 organizations giving $8,656,479 in grants to DreamKey Partners Inc, 10 of which have funded it in more than one year.
Who is the largest funder of DreamKey Partners Inc?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $4,962,295 in grants. The full list of funders is on this page.
How can an organization like DreamKey Partners Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds DreamKey Partners →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing