Gold Coast Foundation - I Have a Dream San Diego

Nonprofit profile at a glance

EIN
204266594
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Cave Creek, AZ, USA
Phone
8587710076
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$54,782
Expenses
$61,149
Assets
$1,502
Liabilities
$22,000

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • David VanHeel (President)

People named in this filing

  • David VanHeel (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Corporation is organized for the charitable and educational purposes of: (a) Providing tuition assistance for college and/or vocational school to groups of students from economically disadvantaged families from public housing developments or who attend elementary schools having high drop-out rates (determined by at least 75% of its student body having free or reduced lunch). (b) Organizing programs to aid such students no later than third grade and through twelfth grade to fulfill the requirements for admission to college or vocational school upon high school graduation. Such programs may include, but shall not be limited to:(i) tutoring and other remedial academic and educational activities;(ii) preparation for college entrance exams;(iii) field trips;(iv) counseling and guidance in an effort to minimize or eliminate cultural barriers and educational deficiencies; and(v) group discussions and meetings with students, and, if indicated, with their families and schools in order to mo

What it reported doing in 2025

The Corporation is organized for the charitable and educational purposes of: (a) Providing tuition assistance for college and/or vocational school to groups of students from economically disadvantaged families from public housing developments or who attend elementary schools having high drop-out rates (determined by at least 75% of its student body having free or reduced lunch). (b) Organizing programs to aid such students no later than third grade and through twelfth grade to fulfill the requirements for admission to college or vocational school upon high school graduation. Such programs may include, but shall not be limited to:(i) tutoring and other remedial academic and educational activities;(ii) preparation for college entrance exams;(iii) field trips;(iv) counseling and guidance in an effort to minimize or eliminate cultural barriers and educational deficiencies; and(v) group discussions and meetings with students, and, if indicated, with their families and schools in order to motivate and encourage these students to achieve admission to and to attend college or vocational school, and the conduct of any and all other activities as shall from time to time be found appropriate in connection with the foregoing, except as restricted herein or prohibited by law.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

SUPPORTED - The filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.3%; rating input score 94
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -11.6%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 14.65; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -11.4% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -135.9% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 94.3% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.