Civic Intelligence

Dreams for Schools

990 • Fiscal year 2019 • EIN 36-4683422

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

16381 Scientific WayIrvine, CA 92618

(408) 215-8578

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

65th percentile

10%

Higher net margin than 65% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$61,125

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

81st percentile

27%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

89th percentile

64%

Faster revenue growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$335,204

Up $71,521 (+27%) from 2018

Net Assets

Up

$331,131

Up $75,971 (+30%) from 2018

Liabilities

Down

$4,073

Down $4,450 (-52%) from 2018

Revenue

Up

$729,276

Up $285,013 (+64%) from 2018

Expenses

Up

$653,004

Up $227,258 (+53%) from 2018

Net Income

Up

$76,272

Up $57,755 (+312%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $265,261Liabilities 2016: $11,578Net Assets 2016: $253,6832016Assets 2017: $236,911Liabilities 2017: $268Net Assets 2017: $236,6432017Assets 2018: $263,683Liabilities 2018: $8,523Net Assets 2018: $255,1602018Assets 2019: $335,204Liabilities 2019: $4,073Net Assets 2019: $331,1312019Assets 2020: $786,159Liabilities 2020: $54,606Net Assets 2020: $731,5532020Assets 2021: $756,904Liabilities 2021: $1,538Net Assets 2021: $755,3662021Assets 2022: $1,128,930Liabilities 2022: $16,239Net Assets 2022: $1,112,6912022Assets 2023: $1,221,791Liabilities 2023: $3,315Net Assets 2023: $1,218,4762023Assets 2024: $1,173,339Liabilities 2024: $6,490Net Assets 2024: $1,166,8492024

Highlighted filing

2019

Assets$335,204
Liabilities$4,073
Net Assets$331,131

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $341,528Expenses 2016: $87,845Net Income 2016: $253,6832016Revenue 2017: $376,675Expenses 2017: $243,715Net Income 2017: $132,9602017Revenue 2018: $444,263Expenses 2018: $425,746Net Income 2018: $18,5172018Revenue 2019: $729,276Expenses 2019: $653,004Net Income 2019: $76,2722019Revenue 2020: $920,630Expenses 2020: $520,208Net Income 2020: $400,4222020Revenue 2021: $889,286Expenses 2021: $865,473Net Income 2021: $23,8132021Revenue 2022: $1,204,522Expenses 2022: $846,667Net Income 2022: $357,8552022Revenue 2023: $1,163,272Expenses 2023: $1,057,487Net Income 2023: $105,7852023Revenue 2024: $787,338Expenses 2024: $838,965Net Income 2024: -$51,6272024

Highlighted filing

2019

Revenue$729,276
Expenses$653,004
Net Income$76,272
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$729,276
Mission and Program Overview

Mission

Help inspire, create, and educate students to be stem literate. These activities help fulfill its exempt purpose of working with young people in k-12 education system by exposing them to careers in stem and provide them with more opportunities in stem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$232,385$180,986▼ $51,399
Cash and Non-Interest-Bearing Accounts$14,992$125,583▲ $110,591
Accounts Receivable$16,306$28,635▲ $12,329
Total Assets$263,683$335,204▲ $71,521
Liabilities
Accounts Payable and Accrued Expenses$8,523$4,073▼ $4,450
Total Liabilities$8,523$4,073▼ $4,450
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$255,160$331,131▲ $75,971
Total Net Assets Fund Balance$255,160$331,131▲ $75,971
Total Liabilities and Net Assets / Fund Balance$263,683$335,204▲ $71,521
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nithin JillaExecutive Director/CEOFT$61,125$61,125

Board Members and Trustees

NameTitle
Mark C PercyChairman/CFO
Mark PowellDirector
Mojdeh EskandariDirector
Neil SahotaDirector
Ramgopal RaoDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$377,362
Program Service Revenue
$351,655
Investment Income
$259
Other Revenue
$0
All Other Contributions
$377,362
Change in Net Assets
$76,272

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$30,871Fair Market Value (FMV)
Other Non Cash Contri Table29$5,760Fair Market Value (FMV)
Other Non Cash Contri Table80$800Fair Market Value (FMV)
Other Non Cash Contri Table6$450Fair Market Value (FMV)
Food Inventory72$400Fair Market Value (FMV)
Total Noncash Contributions187$38,281-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$409,278
Other Expenses$243,726
Total Fundraising Expense$17,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$295,898$15,574-$311,472
Current Officers, Directors, Trustees, and Key Employees$12,225$42,787$6,113$61,125
Information Technology$25,932$19,831$5,085$50,848
Payroll Taxes$16,430$12,564$3,221$32,215
Office Expenses$17,706$8,391-$26,097
Occupancy$10,530$8,053$2,065$20,648
Insurance-$9,683-$9,683
Fees for Services Other$4,195$4,445-$8,640
All Other Expenses$4,357$1,611$329$6,297
Other Expenses$5,507--$5,507
Fees for Services Accounting-$4,959-$4,959
Other Employee Benefits$4,243$223-$4,466
Travel$1,441$1,821$596$3,858
Conferences and Meetings$118-$118$236
Fees for Services Legal-$20-$20
Total Functional Expenses$505,515$129,962$17,527$653,004
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft of the form 990 will be reviewed by the board. The final copy of the form 990 will be forwarded to all members of the board before it is filed with the irs.

Form 990, Part VI, Section B, Line 12C

Board members and executive staff are required to disclose the existence of financial or other beneficial interests on an annual basis. Board members also disclose when potential conflicts materialize during the year. When processing transactions and arrangements, staff flag any potential conflicts of interest in light of these disclosures. If a potential conflict exists, the person with the potential conflict is given the opportunity to disclose all material facts for consideration of the governing board, who then exercise due diligence to determine if any conflict exists.

Form 990, Part VI, Section B, Line 15A

A review of competitive and comparable salaries was used. The board reviewed and discussed the information before making the final determination.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Dreams for Schools
EIN
36-4683422
Phone
4082158578
Address
16381 SCIENTIFIC WAY, IRVINE, CA 92618

Signing Officer

Name
Nithin Jilla
Title
Executive Director
Phone
4082158578
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nithin Jilla
Formed
2011
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
208
Volunteers
165

Preparer

Firm
Yh Advisors Inc
Address
5882 BOLSA AVENUE SUITE 100, HUNTINGTON BEACH, CA 92649
Preparer
Brian Yacker
Phone
3109822803
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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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0891973
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0259
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0259
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0351655
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0231405
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0107120
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt066775
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0756955
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0259
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0259
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01648469
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0409
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0459
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0729017
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0444263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0284120
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0191528
IRS990ScheduleA/Total509Grp/TotalAmt01648928
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0729276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0444263
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0284120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0191528
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01649187
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt030871
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt072
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0400
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt029
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt180
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt26
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1SUN PANELS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2EVENT TICKETS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt05760
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt1800
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt2450
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THE NUMBER OF ITEMS DONATED ARE BEING LISTED.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, COLUMN (B):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE FORM 990 WILL BE REVIEWED BY THE BOARD. THE FINAL COPY OF THE FORM 990 WILL BE FORWARDED TO ALL MEMBERS OF THE BOARD BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND EXECUTIVE STAFF ARE REQUIRED TO DISCLOSE THE EXISTENCE OF FINANCIAL OR OTHER BENEFICIAL INTERESTS ON AN ANNUAL BASIS. BOARD MEMBERS ALSO DISCLOSE WHEN POTENTIAL CONFLICTS MATERIALIZE DURING THE YEAR. WHEN PROCESSING TRANSACTIONS AND ARRANGEMENTS, STAFF FLAG ANY POTENTIAL CONFLICTS OF INTEREST IN LIGHT OF THESE DISCLOSURES. IF A POTENTIAL CONFLICT EXISTS, THE PERSON WITH THE POTENTIAL CONFLICT IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS FOR CONSIDERATION OF THE GOVERNING BOARD, WHO THEN EXERCISE DUE DILIGENCE TO DETERMINE IF ANY CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REVIEW OF COMPETITIVE AND COMPARABLE SALARIES WAS USED. THE BOARD REVIEWED AND DISCUSSED THE INFORMATION BEFORE MAKING THE FINAL DETERMINATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0263683
IRS990/TotalAssetsEOYAmt0335204
IRS990/TotalAssetsGrp/BOYAmt0263683
IRS990/TotalAssetsGrp/EOYAmt0335204
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0377362
IRS990/TotalEmployeeCnt0208
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017527
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0129962
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0505515
IRS990/TotalFunctionalExpensesGrp/TotalAmt0653004
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08523
IRS990/TotalLiabilitiesEOYAmt04073
IRS990/TotalLiabilitiesGrp/BOYAmt08523
IRS990/TotalLiabilitiesGrp/EOYAmt04073
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0255160
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0331131
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0505515
IRS990/TotalProgramServiceRevenueAmt0351655
IRS990/TotalReportableCompFromOrgAmt061125
IRS990/TotalRevenueGrp/ExclusionAmt0259
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0351655
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0729276
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0165
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0263683
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0335204
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0596
IRS990/TravelGrp/ManagementAndGeneralAmt01821
IRS990/TravelGrp/ProgramServicesAmt01441
IRS990/TravelGrp/TotalAmt03858
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt016381 SCIENTIFIC WAY
IRS990/USAddress/CityNm0IRVINE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092618
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.DREAMSFORSCHOOLS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z

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