Skip to content

New York · Nonprofit

HONOR YOUR DREAMS FOUNDATION INC

HONOR YOUR DREAMS FOUNDATION INC (New York) receives grants from 23 organizations whose IRS filings report $766,504 to it, the largest being NEW SCHOOLS FUND ($250,000). 9 of them have funded it in more than one year.

Revenue FY2026
$112k
Funders on record
23
Grants received
$767k
Net assets
$108k
9/23 repeat fundersgrants exceed reported revenue in one year
01What it does

What Honor Your Dreams Foundation Inc does

Mission

Honor your dreams foundation, inc. Is a nonprofit unlocking economic mobility for low-income students through transformative workforce development, mentorship, and scholarships. We partner with leading employers and partners to connect young people with paid internships, skill-building opportunities, and capital to launch their careers, equipping them to turn dreams and ambitions into dollars and achievements

As stated on its FY2026 Form 990.

Program

  1. Honor your dreams foundation, inc. Empowers low-income and underserved students to achieve economic mobility through workforce development, mentorship, scholarships, and career-connected learning opportunities. The foundation partners with employers, educational institutions, and community organizations to provide students with the resources, professional networks, and practical experiences needed to successfully transition from school to meaningful careers. The foundation's program provides participants with career readiness training, one-on-one mentorship, leadership development, financial support through scholarships, and access to paid internship opportunities that build professional skills and workplace experience. Through strategic partnerships with employers, students gain exposure to career pathways, expand their professional networks, and develop the technical and interpersonal skills necessary for long-term success. Building upon its original fellowship model, the foundation continues to support students by removing barriers to educational and career advancement through targeted investments in workforce development, technology access where needed, and individualized…

    $161,337 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $161,337.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($47k) Expenses 100 ($13k) Net assets 100 ($34k)2022 Revenue 384 ($182k) Expenses 788 ($102k) Net assets 331 ($114k)2023 Revenue 641 ($304k) Expenses 1400 ($182k) Net assets 685 ($236k)2024 Revenue 1205 ($571k) Expenses 3321 ($431k) Net assets 1091 ($375k)2025 Revenue 566 ($268k) Expenses 3557 ($462k) Net assets 528 ($181k)2026 Revenue 237 ($112k) Expenses 1426 ($185k) Net assets 315 ($108k)
202120222023202420252026
Revenue (237)Expenses (1426)Net assets (315)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 2024 to 2025, from $387k to $190k (−51%).

$39k
$156k
$240k
$387k
$190k
$115k
202120222023202420252026
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.

2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

102% of HONOR YOUR DREAMS FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$34k
’21
$79k
’22
$122k
’23
$139k
’24
−$194k
’25
−$73k
’26
6.6
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

Jerome J Sanders

Board chair

As listed on its FY2026 Form 990.

2023202420252026
Listed1112127
Joined·+1+4+0
No longer listed·045
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 11 funders, grant income rose $22k → $483k.

5 of 23 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 HONOR YOUR DREAMS FOUNDATION 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

HONOR YOUR DREAMS FOUNDATION INC has a broad base — no single funder exceeds 33% 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

66% 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 HONOR YOUR DREAMS FOUNDATION INC.

33%
largest funder
58%
top three
~6
effective funders

Largest funder’s share by year: 2020 100% · 2021 33% · 2022 38% · 2023 52% — 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

43% of HONOR YOUR DREAMS FOUNDATION INC's funders are still giving 2 years after their first grant; 39% give in more than one year at all.

first grant+1y+2y

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

HONOR YOUR DREAMS FOUNDATION INC draws 80% of its grant income from funders outside New York, across 8 states in all.

NH
WA
NY
NJ
CA
MD
TX
FL

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

’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $136k arriving through sponsors registered in 5 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

HONOR YOUR DREAMS FOUNDATION INC has grown faster than three-quarters of the 142 community improvement nonprofits its size.

Operating margin−65% · bottom quartile
Months of reserve6.6mo · below the median
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 142 community improvement nonprofits $100k–$1M, FY2026

Organizations like HONOR YOUR DREAMS FOUNDATION 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 New York

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 12%Fundraising 1%

Governance

7
board members
100%
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 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for HONOR YOUR DREAMS FOUNDATION 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 HONOR YOUR DREAMS FOUNDATION INC?
HONOR YOUR DREAMS FOUNDATION INC (New York) receives grants from 23 organizations whose IRS filings report $766,504 to it, the largest being NEW SCHOOLS FUND ($250,000). 9 of them have funded it in more than one year.
How many funders does HONOR YOUR DREAMS FOUNDATION INC have?
IRS filings report 23 organizations giving $766,504 in grants to HONOR YOUR DREAMS FOUNDATION INC, 9 of which have funded it in more than one year.
Who is the largest funder of HONOR YOUR DREAMS FOUNDATION INC?
NEW SCHOOLS FUND is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like HONOR YOUR DREAMS FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 Honor Your Dreams →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2021–2026), and the filings of 23 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