Dreams Come True Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Our mission is to inspire and create a better society where everyone has a safe home, enabling them to pursue their dreams and contribute to a better world. To this end, DCTF empowers real estate professionals and community leaders to increase sustainable homeownership and ensure affordable and resilient housing for the AAPI community, and other minority communities at large. We champion diversity, equity, and economic opportunities by generating and pooling resources to foster a more inclusive and stronger society.
- Income
- $66,413
- Spending
- $47,120
- Reserves
- 1.8 months of spending
- Largest source of income
- donations and private grants, 67%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, 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 (1)
- $45,796 spent. During 2024: *DCTF hosted five first-time homebuyer seminars, including one in the Korean language, and participated in four additional homeownership fairs. *Directly assisted three first-time homebuyers in securing their dream homes with grants and down payment assistance (DPA),while continuing to support many others in their journey toward homeownership. *Educated over 600 potential first-time homebuyers. *Engaged with more than 80 first-time homebuyers, providing guidance and preparation to help them turn their homeownership dreams into reality. *Advocated with federal entities, including Freddie Mac, to ensure the AAPI community is properly represented in policies and mandates. *Collaborated with major corporations to incorporate the well-being of the AAPI community in their business practices and mergers. *Represented the AAPI community at the Home Free-USA Convention. *Held multiple meetings with the L.A. City Affordable Housing Department to address challenges and develop solutions for expanding affordable housing. *Hosted a fireside chat with Congresswoman Judy Chu. *Actively engaged with the L.A. City Homelessness Department to bring critical resources to the community. *Hosted a symposium with CERIK, a leading Korean semi-governmental real estate research institute, to exchange knowledge and solutions for affordable and senior housing. *Formed collaborations with FIABCI Korea and the K-Expats Forum to address population challenges in advanced countries. *Organized multiple networking and educational events for members. *Conducted seminars for over 400 Korean nationals on U.S. home ownership. *Distributed free food to more than 400 people. *Established seven chapters and two diversity-focused chapters nationwide. *Launched a Google Ad campaign to educate first-time homebuyers. *Formed the Resilient Housing Committee. *Hosted the Korea Alliance Mission 2024.Preparing to launch Explore Philippines 2025. *Engaged in two affordable housing projects comprising 40 and 200 units.
Source: Form 990EZ for the year ending December 31, 2024, 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? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 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 2024.
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 March 2022.
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 October 21, 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.