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New Mexico · Nonprofit

DREAMSPRING

DREAMSPRING (New Mexico) receives grants from 67 organizations whose IRS filings report $18,784,158 to it, the largest being EWING MARION KAUFFMAN FOUNDATION ($4,300,000). 30 of them have funded it in more than one year.

Revenue FY2025
$8.8M
Funders on record
67
Grants received
$19M
Net assets
$26M
30/67 repeat funderspeak grant-dependency 36%
01What it does

What Dreamspring does

Mission

Dreamspring increases access to business credit, makes loans and provides training which enable underserved entrepreneurs to realize their dreams and be catalysts for positive economic and social change.

As stated on its FY2025 Form 990.

Program

  1. Not described on the e-filed return.

    $7,312,494 spent$5,140,576 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $7,312,494.

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 ($8.3M) Expenses 100 ($8.3M) Net assets 100 ($14M)2019 Revenue 116 ($9.7M) Expenses 147 ($12M) Net assets 97 ($13M)2020 Revenue 212 ($18M) Expenses 187 ($16M) Net assets 115 ($16M)2021 Revenue 304 ($25M) Expenses 110 ($9.1M) Net assets 235 ($32M)2022 Revenue 311 ($26M) Expenses 243 ($20M) Net assets 276 ($38M)2023 Revenue 176 ($15M) Expenses 279 ($23M) Net assets 181 ($25M)2024 Revenue 174 ($15M) Expenses 173 ($14M) Net assets 184 ($25M)2025 Revenue 106 ($8.8M) Expenses 102 ($8.5M) Net assets 188 ($26M)
'17'19'20'21'22'23'24'25
Revenue (106)Expenses (102)Net assets (188)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 $92M to $203M (+121%).

$51M
$52M
$92M
$203M
$96M
$72M
$69M
$66M
'17'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 14% · 2019 7% · 2020 30% · 2021 9% · 2023 26% · 2024 16% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

28% of DREAMSPRING’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).

This organization
Typical peer · 4,444 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$52k
’17
−$2.5M
’19
$2.2M
’20
$16M
’21
$5.7M
’22
−$8.4M
’23
$244k
’24
$338k
’25
46
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

Alice Rodriguez

Board chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'19'20'21'22'23'24'25
Listed2115161819201819
Joined··+3+5+7+3+1+5
No longer listed··236234
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 13 funders to 16 funders, grant income rose $1.1M → $5.3M.

18 of 67 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 DREAMSPRING’s funders (the co-funder graph). Top 30 of 67 funders by total. 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

DREAMSPRING has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

23%
largest funder
54%
top three
~8
effective funders

Largest funder’s share by year: 2017 41% · 2018 39% · 2019 60% · 2020 40% · 2021 35% · 2022 28% · 2023 81% — growing more concentrated.

“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

19% of DREAMSPRING's funders are still giving 3 years after their first grant; 45% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

DREAMSPRING draws 99% of its grant income from funders outside New Mexico, across 23 states in all.

WA
MN
IL
WI
MI
NY
MA
OH
CA
UT
CO
NE
MO
VA
DE
AZ
NM
NC
DC
OK
MS
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
New Mexico out of state home

Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 11 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

DREAMSPRING holds deeper cash reserves than three-quarters of the 2,299 community improvement nonprofits its size.

Operating margin4% · below the median
Months of reserve45.6mo · top quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025

Government funding DREAMSPRING receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11.7M on record.

Federal$11.7M
grants $11.7Mcontracts $0
17
18
19
20
21
23
24
Top agencies
  • Department of the Treasury$10.7M
  • Small Business Administration$507k
  • Department of Commerce$500k
  • Department of Agriculture$20k

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 DREAMSPRING

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 New Mexico

Nationally

05Profile & governance

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

Where the money goes

86% of spending goes to programs.

Program 86%Management 8%Fundraising 5%

Governance

10
board members
90%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

61%

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

Footprint & structure

Files a return copy in 9 states

WA
NV
OH
CA
CO
NM
KS
OK
FL

Part of a family of 7 related entities

  • Dreamspring 2007a LLC · partnership
  • Dreamspring 2011b LLC · partnership
  • Dreamspring 2011c LLC · partnership
  • Dreamspring 2013d LLC · partnership
  • Dreamspring 2014e LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for DREAMSPRING: 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 DREAMSPRING?
DREAMSPRING (New Mexico) receives grants from 67 organizations whose IRS filings report $18,784,158 to it, the largest being EWING MARION KAUFFMAN FOUNDATION ($4,300,000). 30 of them have funded it in more than one year.
How many funders does DREAMSPRING have?
IRS filings report 67 organizations giving $18,784,158 in grants to DREAMSPRING, 30 of which have funded it in more than one year.
Who is the largest funder of DREAMSPRING?
EWING MARION KAUFFMAN FOUNDATION is the largest funder on record, with $4,300,000 in grants. The full list of funders is on this page.
How can an organization like DREAMSPRING find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 67 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