Civic Intelligence

Dream Alliance Inc.

990EZ • Fiscal year 2017 • EIN 26-4287857

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

233 Woodside AvenueNewark, NJ 07104

(862) 368-2213

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE S • <$500k nonprofits • Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2017 filings • NTEE S • <$500k nonprofits • Source year 2017

Asset Growth

14th percentile

-25%

Faster asset growth than 14% of similar nonprofits.

2017 filings • NTEE S • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • NTEE S • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$71,091

Down $24,217 (-25%) from 2016

Net Assets

Down

$71,091

Down $24,217 (-25%) from 2016

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Down

$0

Down $64,857 (-100%) from 2016

Expenses

Down

$373

Down $17,166 (-98%) from 2016

Net Income

Down

-$373

Down $47,691 (-101%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2014: $30,860Net Assets 2014: $30,8602014Assets 2015: $47,990Net Assets 2015: $47,9902015Assets 2016: $95,308Net Assets 2016: $95,3082016Assets 2017: $71,091Liabilities 2017: $0Net Assets 2017: $71,0912017Assets 2018: $74,974Liabilities 2018: $0Net Assets 2018: $74,9742018

Highlighted filing

2017

Assets$71,091
Liabilities$0
Net Assets$71,091

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2014: $42,435Expenses 2014: $13,450Net Income 2014: $28,9852014Revenue 2015: $38,230Expenses 2015: $21,100Net Income 2015: $17,1302015Revenue 2016: $64,857Expenses 2016: $17,539Net Income 2016: $47,3182016Revenue 2017: $0Expenses 2017: $373Net Income 2017: -$3732017Revenue 2018: $3,883Expenses 2018: $0Net Income 2018: $3,8832018

Highlighted filing

2017

Revenue$0
Expenses$373
Net Income-$373
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$0
Mission and Program Overview

Mission

Dream alliance, inc. (dreams) was formed to engage in social service agency and funding, for the express purpose of providing charitable community services and to foster community development. Dreams will focus on certain community outreach programs such as education on relevant health issues in the community, programs to enhance higher education and economic development, and programs for mental health counseling and emotional support.

Program Services

DescriptionGrantsExpenses
DREAM ALLIANCE, INC. (DREAMS) SUCCESSFULLY COMPLETED ITS THIRD YEAR OF OPERATIONS IN THE FURTHERANCE OF ITS MISSION TO SUPPORT THE DEVELOPMENT OF ITS COMMUNITY BY ESTABLISHING AND OPERATING A PRESCHOOL FOR THE YOUNG CHILDREN OF THE COMMUNITY, AND INCREASING ENROLLMENT AND PARTICIPATION IN THE PRESCHOOL SIGNIFICANTLY FROM THE PRIOR YEAR.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jose A SegarraPresidentPT$0--
Teresa SegarraVice-President-$0--
Samantha MaldonadoPresident-$0--
Jackie NunezSecretary-$0--
Carmen BaezVice-Chairperson-$0--
Michele MaggiulliMember-$0--
Toni GamarroMember-$0--
Filing and Contact Details

Filer

Filer Name
Dream Alliance Inc
EIN
26-4287857
Phone
8623682213
Address
233 WOODSIDE AVENUE, NEWARK, NJ 07104

Signing Officer

Name
Jose A Segarra
Title
President
Phone
8623682213
Signed
2018-05-15

Preparer

Firm
Galleros Koh Llp
Address
115 DAVIS STATION ROAD, CREAM RIDGE, NJ 08514
Preparer
Leonora Galleros
Phone
7324622020
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Memberships and Dues. Amount: 26. Description: Payroll Expenses. Amount: 347. Total to Form 990-EZ, line 16: 373.

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

Description: Prior period revenue adjustment. Amount: -23,844.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Accounts Receivable. Beg. of Year Amount: 16,100. End of Year Amount: 244. Description: Other assets. Beg. of Year Amount: 9,803. End of Year Amount: 0.

Raw XML Appendix162 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Toni Gamarro
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IRS990EZ/PrimaryExemptPurposeTxt0DREAM ALLIANCE, INC. (DREAMS) WAS FORMED TO ENGAGE IN SOCIAL SERVICE AGENCY AND FUNDING, FOR THE EXPRESS PURPOSE OF PROVIDING CHARITABLE COMMUNITY SERVICES AND TO FOSTER COMMUNITY DEVELOPMENT. DREAMS WILL FOCUS ON CERTAIN COMMUNITY OUTREACH PROGRAMS SUCH AS EDUCATION ON RELEVANT HEALTH ISSUES IN THE COMMUNITY, PROGRAMS TO ENHANCE HIGHER EDUCATION AND ECONOMIC DEVELOPMENT, AND PROGRAMS FOR MENTAL HEALTH COUNSELING AND EMOTIONAL SUPPORT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Memberships and Dues. Amount: 26. Description: Payroll Expenses. Amount: 347. Total to Form 990-EZ, line 16: 373.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Prior period revenue adjustment. Amount: -23,844.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Accounts Receivable. Beg. of Year Amount: 16,100. End of Year Amount: 244. Description: Other assets. Beg. of Year Amount: 9,803. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jose A Segarra
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08623682213
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DREAM ALLIANCE INC
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0264287857
ReturnHeader/Filer/PhoneNum08623682213
ReturnHeader/Filer/USAddress/AddressLine1Txt0233 WOODSIDE AVENUE
ReturnHeader/Filer/USAddress/CityNm0NEWARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007104
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0943C2B779621AE68CF3E0BED5C235FDF89DF7949
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06410079965079D3074AAD5C60F569B728853E432
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.110.17.47
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm019:40:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273263553
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GALLEROS KOH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0115 DAVIS STATION ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CREAM RIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008514
ReturnHeader/PreparerPersonGrp/PhoneNum07324622020
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEONORA GALLEROS
ReturnHeader/ReturnTs02018-05-15T19:40:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • <$500k nonprofits