Live Your Dream
Public records show a registered, tax-exempt organization in good standing.
What it says it does
We are dedicated to supporting single-mother families in achieving their dreams through education scholarships. Additionally, we offer essential back-to-school supplies, holiday assistance, care packages, and engaging family activities that create lasting memories.
- Income
- $394,892
- Spending
- $174,471
- Spent on programs
- 85%
- Reserves
- 77.8 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 2
- Volunteers
- 200
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 71% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 77.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 56% of income.
Income trend
5 of 15Income fell 24% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 81% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 254 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $126,252 spent. In 2025, Live Your Dream Foundation awarded 81 scholarships to single mothers in Utah pursuing higher education, vocational training, and career advancement opportunities to improve long-term financial stability for their families.
- $11,500 spent. Live Your Dream Foundation partners with local organizations to provide holiday support to scholarship recipients and selected single-mother families throughout Utah. Through partnerships with Strengthen Her Utah and the Span Foundation, families receive Christmas assistance. Thanksgiving Heroes provides meals to many families in the scholarship program. The foundation also participates in the annual Mother's Day to Remember event, partnering with community organizations to provide Mother's Day gifts to scholarship recipients and mothers in domestic violence shelters across the state.
- $4,950 spent. Through donor-supported funding, Live Your Dream Foundation provides back-to-school assistance to scholarship recipients and selected single-mother families in the community. Families receive up to $150 per child, with a maximum of $600 per family, to purchase school supplies, backpacks, clothing, coats, calculators, and other educational necessities through Amazon. This program helps ensure children have the tools they need for a successful school year while easing the financial burden on single mothers pursuing education and career advancement.
- $4,790 spent. Live Your Dream Foundation hosted a Night of Service, a community outreach initiative focused on supporting single mothers throughout Utah. During the event, volunteers, families, and community members assembled more than 400 care packages for single mothers experiencing challenging circumstances.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2013 for not filing returns for three years, and reinstated on April 15, 2014.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.