Civic Intelligence

Dreaam Opportunity Center

990 • Fiscal year 2024 • EIN 46-1643964

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 20, 2025

2009 Fox Drive CChampaign, IL 61820

(217) 373-4818

Siviq Scores

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

Liabilities / Assets

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.09x

Higher debt load relative to revenue than 52% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

57th percentile

8.1%

Higher net margin than 57% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$114,742

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

82nd percentile

26%

Faster asset growth than 82% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-2.9%

Faster revenue growth than 30% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,394,882

Up $283,934 (+26%) from 2023

Net Assets

Up

$1,144,984

Up $224,492 (+24%) from 2023

Liabilities

Up

$249,898

Up $59,442 (+31%) from 2023

Revenue

Down

$2,756,484

Down $82,687 (-2.9%) from 2023

Expenses

Down

$2,531,992

Down $225,027 (-8.2%) from 2023

Net Income

Up

$224,492

Up $142,340 (+173%) from 2023

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 2018: $31,344Liabilities 2018: $9,8642018Assets 2019: $70,156Liabilities 2019: $6,269Net Assets 2019: $63,8872019Assets 2020: $365,875Liabilities 2020: $3,494Net Assets 2020: $362,3812020Assets 2021: $1,016,954Liabilities 2021: $352,916Net Assets 2021: $664,0382021Assets 2022: $1,090,752Liabilities 2022: $252,412Net Assets 2022: $838,3402022Assets 2023: $1,110,948Liabilities 2023: $190,456Net Assets 2023: $920,4922023Assets 2024: $1,394,882Liabilities 2024: $249,898Net Assets 2024: $1,144,9842024

Highlighted filing

2024

Assets$1,394,882
Liabilities$249,898
Net Assets$1,144,984

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2018: $177,556Expenses 2018: $159,081Net Income 2018: $18,4752018Revenue 2019: $465,805Expenses 2019: $422,204Net Income 2019: $43,6012019Revenue 2020: $837,734Expenses 2020: $539,240Net Income 2020: $298,4942020Revenue 2021: $1,518,057Expenses 2021: $1,242,348Net Income 2021: $275,7092021Revenue 2022: $2,098,013Expenses 2022: $1,922,591Net Income 2022: $175,4222022Revenue 2023: $2,839,171Expenses 2023: $2,757,019Net Income 2023: $82,1522023Revenue 2024: $2,756,484Expenses 2024: $2,531,992Net Income 2024: $224,4922024

Highlighted filing

2024

Revenue$2,756,484
Expenses$2,531,992
Net Income$224,492
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 20, 2025
Return Version
2023v6.0
Gross Receipts
$2,756,484
Mission and Program Overview

Mission

Support boys and young men by providing transformative experiences to reduce the achievement and opportunity gaps amoung boys and young men.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$499,483$864,627▲ $365,144
Cash and Non-Interest-Bearing Accounts$532,938$475,480▼ $57,458
Land, Buildings, and Equipment, Net$38,981$34,926▼ $4,055
Prepaid Expenses and Deferred Charges$4,359$1,096▼ $3,263
Total Assets$1,110,948$1,394,882▲ $283,934
Other Assets Total$35,187$18,753▼ $16,434
Liabilities
Accounts Payable and Accrued Expenses$145,914$202,480▲ $56,566
Deferred Revenue$9,355$28,665▲ $19,310
Other Liabilities$35,187$18,753▼ $16,434
Total Liabilities$190,456$249,898▲ $59,442
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$920,492$1,144,984▲ $224,492
Total Net Assets Fund Balance$920,492$1,144,984▲ $224,492
Total Liabilities and Net Assets / Fund Balance$1,110,948$1,394,882▲ $283,934

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$32,192$10,401$42,593
Equipment$2,734$3,344$6,078
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tracy DaceChief Executive OfficerFT$109,823$4,919$114,742

Board Members and Trustees

NameTitle
Deloris HenryPresident
Alfred GreenDirector
Azark CobbDirector
Joe BradleyDirector
Margareth EtienneDirector
Lara HebertSecretary
Brett AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,748,707
Program Service Revenue
$0
Investment Income
$6,688
Other Revenue
$1,089
All Other Contributions
$485,584
Change in Net Assets
$224,492

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,756,484
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,756,484
Total Revenue per Form 990
$2,756,484
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,397,452
Other Expenses$1,134,540
Total Fundraising Expense$22,467
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,075,398$63,821$6,382$1,145,601
Fees for Services Other$245,682$55,777$233$301,692
Payroll Taxes$114,916$9,173$917$125,006
Current Officers, Directors, Trustees, and Key Employees$53,620$59,579$5,958$119,157
Travel$82,257$30,399-$112,656
Occupancy$78,004$8,983-$86,987
Office Expenses$51,825$9,716$6,838$68,379
Fees for Services Accounting-$19,750-$19,750
Other Expenses$1,766$17,966-$19,732
Insurance$9,625$7,722-$17,347
Information Technology$14,470$1,316-$15,786
All Other Expenses$13,063$2,064$150$15,277
Fees for Services Legal$14,850--$14,850
Advertising$8,021-$891$8,912
Other Employee Benefits$67$6,928$693$7,688
Depreciation Depletion$2,839$811$405$4,055
Total Functional Expenses$2,174,264$335,261$22,467$2,531,992

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,531,992
Total Expenses per Audited Statements$2,531,992
Total Expenses per Form 990$2,531,992
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$18,753
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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 copy of form 990 will be provided to the board of directors before it is filed.

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

The board of directors reviews the compensation of the organization's ceo on at least an annual basis.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Dreaam Opportunity Center
EIN
46-1643964
Phone
2173734818
Address
2009 FOX DRIVE C, CHAMPAIGN, IL 61820

Signing Officer

Name
Tracy Dace
Title
Chief Executive Officer
Phone
2173734818
Signed
2025-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Dace
Formed
2017
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
155
Volunteers
40

Preparer

Firm
Striegel Knobloch & Company LLC
Address
115 W JEFFERSON ST SUITE 200, BLOOMINGTON, IL 61701
Preparer
Stephen H Arendt Partner
Phone
3098294303
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants and program professionals: program service expenses 245,682. Management and general expenses 55,777. Fundraising expenses 233. Total expenses 301,692.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require the organization's management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more than likely would not be sustained upon examination by applicable taxing authorities. Management has analyzed the tax positions taken by the organization and has concluded that as of june 30, 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Tax years prior to 2021 are closed.

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IRS990/PYRevenuesLessExpensesAmt082152
IRS990/PYSalariesCompEmpBnftPaidAmt01431299
IRS990/PYTotalExpensesAmt02757019
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02839171
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0224492
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02738707
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02834966
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02093608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01517752
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0836618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010021651
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0993
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0305
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012391
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04301
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99880
IRS990ScheduleA/PublicSupportPY170Pct00.99890
IRS990ScheduleA/PublicSupportTotal170Amt010022767
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt01116
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01116
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02738707
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02834966
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02093608
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01517752
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0837734
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010022767
IRS990ScheduleA/TotalSupportAmt010035158
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt032192
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010401
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt042593
IRS990ScheduleD/EquipmentGrp/BookValueAmt02734
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03344
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06078
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02531992
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018753
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02756484
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TAX YEARS PRIOR TO 2021 ARE CLOSED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034926
IRS990ScheduleD/TotalExpensesPerForm990Amt02531992
IRS990ScheduleD/TotalLiabilityAmt018753
IRS990ScheduleD/TotalRevenuePerForm990Amt02756484
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02756484
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02531992
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE ORGANIZATION'S CEO ON AT LEAST AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTANTS AND PROGRAM PROFESSIONALS: PROGRAM SERVICE EXPENSES 245,682. MANAGEMENT AND GENERAL EXPENSES 55,777. FUNDRAISING EXPENSES 233. TOTAL EXPENSES 301,692.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01394882
IRS990/TotalAssetsGrp/BOYAmt01110948
IRS990/TotalAssetsGrp/EOYAmt01394882
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02748707
IRS990/TotalEmployeeCnt0155
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022467
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0335261
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02174264
IRS990/TotalFunctionalExpensesGrp/TotalAmt02531992
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0190456
IRS990/TotalLiabilitiesEOYAmt0249898
IRS990/TotalLiabilitiesGrp/BOYAmt0190456
IRS990/TotalLiabilitiesGrp/EOYAmt0249898
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0920492
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01144984
IRS990/TotalOtherCompensationAmt04919
IRS990/TotalProgramServiceExpensesAmt02174264
IRS990/TotalReportableCompFromOrgAmt0109823
IRS990/TotalRevenueGrp/ExclusionAmt06688
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01089
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02756484
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01110948
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01394882
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt030399
IRS990/TravelGrp/ProgramServicesAmt082257
IRS990/TravelGrp/TotalAmt0112656
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02009 FOX DRIVE C
IRS990/USAddress/CityNm0CHAMPAIGN
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061820
IRS990/VotingMembersGoverningBodyCnt07

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