Michigan · Nonprofit
HANG ON TO THE DREAM FOUNDATION
HANG ON TO THE DREAM FOUNDATION (Michigan) receives grants from 3 organizations whose IRS filings report $167,033 to it, the largest being JAVITCH KAREN SOKOLOF CHART FND ($137,000). 3 of them have funded it in more than one year.
- Revenue FY2022
- $21k
- Funders on record
- 3
- Grants received
- $167k
- Net assets
- $13k
What Hang on to the Dream Foundation does
Mission
Provide young people who are considered positive role models for other kids with needed equipment, opportunities and/or finances, to help them achieve their goals in life.
As stated on its FY2022 Form 990-EZ.
Program
Identify and assist underserved children of families in need. Provide resources, consultation, and other direct assistance to those families. Maintain connections and relationships with assisted families to ensure life changing outcomes for children.
$38,420 spent100% of program spending
The program described on its FY2022 Form 990-EZ. Program spending in total: $38,420.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.
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 $142k to $69k (−51%).
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.
Government-grant reliance: 2020 100%. Grants only. Government contracts and fees sit inside program revenue.
100% of HANG ON TO THE DREAM FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (99% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.
reserve
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $96k.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% 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 HANG ON TO THE DREAM FOUNDATION’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
HANG ON TO THE DREAM FOUNDATION leans on a few funders — its largest provides 82% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2021 91% · 2022 62% · 2023 100% — broadly stable.
“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.
Where its funders are
HANG ON TO THE DREAM FOUNDATION draws 100% of its grant income from funders outside Michigan, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $30k 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.
Against its field
HANG ON TO THE DREAM FOUNDATION's funding base is broadening — from 1 funders to 2 as grant income climbed.
this organization peer median middle 50% of peers· 4,334 youth development nonprofits under $100k, FY2022
Organizations like HANG ON TO THE DREAM FOUNDATION
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 Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
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 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HANG ON TO THE DREAM FOUNDATION: 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.
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 HANG ON TO THE DREAM FOUNDATION?
- HANG ON TO THE DREAM FOUNDATION (Michigan) receives grants from 3 organizations whose IRS filings report $167,033 to it, the largest being JAVITCH KAREN SOKOLOF CHART FND ($137,000). 3 of them have funded it in more than one year.
- How many funders does HANG ON TO THE DREAM FOUNDATION have?
- IRS filings report 3 organizations giving $167,033 in grants to HANG ON TO THE DREAM FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of HANG ON TO THE DREAM FOUNDATION?
- JAVITCH KAREN SOKOLOF CHART FND is the largest funder on record, with $137,000 in grants. The full list of funders is on this page.
- How can an organization like HANG ON TO THE DREAM FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. 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 Hang on to the Dream →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2020–2022), and the filings of 3 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 14, 2026. What this page cannot tell you · view filing