Civic Intelligence

Little Dreams Foundation USA Inc

990 • Fiscal year 2018 • EIN 46-2995369

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 25, 2021

4040 NE 2nd Avenue No 414Miami, FL 33137

(786) 651-8100

Siviq Scores

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

Liabilities / Assets

86th percentile

0.56x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.06x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

26th percentile

-6.0%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

54th percentile

$15,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

55th percentile

3.2%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$104,089

Up $3,181 (+3.2%) from 2017

Net Assets

Down

$46,282

Down $54,626 (-54%) from 2017

Liabilities

Up

$57,807

Up $57,807 from 2017

Revenue

Up

$916,143

Up $178,474 (+24%) from 2017

Expenses

Up

$970,769

Up $261,530 (+37%) from 2017

Net Income

Down

-$54,626

Down $83,056 (-292%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $22,154Liabilities 2013: $0Net Assets 2013: $22,1542013Assets 2014: $95,963Liabilities 2014: $3,442Net Assets 2014: $92,5212014Assets 2015: $11,192Liabilities 2015: $5,602Net Assets 2015: $5,5902015Assets 2016: $72,478Liabilities 2016: $0Net Assets 2016: $72,4782016Assets 2017: $100,908Liabilities 2017: $0Net Assets 2017: $100,9082017Assets 2018: $104,089Liabilities 2018: $57,807Net Assets 2018: $46,2822018

Highlighted filing

2018

Assets$104,089
Liabilities$57,807
Net Assets$46,282

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $45,233Expenses 2013: $23,079Net Income 2013: $22,1542013Revenue 2014: $257,024Expenses 2014: $86,658Net Income 2014: $170,3662014Revenue 2015: $161,777Expenses 2015: $248,708Net Income 2015: -$86,9312015Revenue 2016: $413,269Expenses 2016: $346,381Net Income 2016: $66,8882016Revenue 2017: $737,669Expenses 2017: $709,239Net Income 2017: $28,4302017Revenue 2018: $916,143Expenses 2018: $970,769Net Income 2018: -$54,6262018

Highlighted filing

2018

Revenue$916,143
Expenses$970,769
Net Income-$54,626
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 25, 2021
Return Version
2018v3.2
Gross Receipts
$969,018
Mission and Program Overview

Mission

To fulfill the dreams of young

To fulfill the dreams of young talent of all types within the worlds of music, art and sports.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$93,041$93,041→ $0
Land, Buildings, and Equipment, Net$7,867$11,048▲ $3,181
Total Assets$100,908$104,089▲ $3,181
Liabilities
Unsecured Notes Loans Payable-$57,807-
Total Liabilities$0$57,807▲ $57,807
Net Assets / Fund Balance
Unrestricted Net Assets$100,908$46,282▼ $54,626
Total Net Assets Fund Balance$100,908$46,282▼ $54,626
Total Liabilities and Net Assets / Fund Balance$100,908$104,089▲ $3,181

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,048$15,314$26,362
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Olivier MangelinickMember of Council-$15,000$15,000
Tomas NydalhMember of CouncilPT$10,000$10,000
Terry ByrneMember of CouncilPT$7,500$7,500
Renata MunozDirector of Ldf USAPT$5,000$5,000
Jean Pierre Espiritu SantoMusical Director-$2,800$2,800
Lynette VargasMarketing Director-$2,291$2,291

Board Members and Trustees

NameTitle
Orianne CollinsCo-founder & Chairman
Alexandre WittamerMember of Council
Lionel ZeiterMember of Council
Mojdeg WittarmenMember of Council
Patrick TrotignonMember of Council
Stephane LagonicoMember of Council
Revenue and Support

Revenue Composition

Contributions and Grants
$605,403
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$310,740
All Other Contributions
$405,283
Change in Net Assets
$-54,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$730,136
Total Fundraising Expense$477,885
Salaries, Compensation, and Employee Benefits$105,633
Grants and Similar Amounts Paid$75,000
Professional Fundraising Fees$60,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$44,012$66,018$110,031$220,061
Occupancy$20,720$31,080$51,801$103,601
Travel$18,025$27,038$45,064$90,127
Grants to Domestic Orgs$75,000--$75,000
Other Salaries and Wages$12,609$18,912$31,521$63,042
Fees for Services Professional Fundraising--$60,000$60,000
Advertising$10,559$15,838$26,397$52,794
Current Officers, Directors, Trustees, and Key Employees$8,518$12,777$21,296$42,591
All Other Expenses$4,613$6,922$11,534$23,069
Office Expenses$3,402$5,103$8,504$17,009
Other Expenses$2,920$4,380$7,300$14,600
Fees for Services Legal$721$1,081$1,801$3,603
Information Technology$680$1,020$1,700$3,400
Insurance$483$724$1,207$2,414
Total Functional Expenses$242,154$250,730$477,885$970,769
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ellton John Aids Foundation IncNew York, NY501(c)(3)Exempt Purpose$25,000
Best BuddiesMiami, FL501(c)(3)Exempt Purpose$15,000
NICKLAUS CHILDREN'S HEALTH CARE FOUNDATIONNorth Palm Beach, FL501(c)(3)Exempt Purpose$15,000
Diabetes Research Institute Foundation IncHollywood, FL501(c)(3)Exempt Purpose$10,000
Women of TomorrowDoral, FL501(c)(3)Exempt Purpose$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$363,615
Professional Fundraising Fees$60,000
Fundraising Direct Expenses$52,875

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala 2018$563,735$363,615$20,775$342,840
Total Events$563,735$363,615$52,875$310,740
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The directors for each country can make decisions to appoint one or more members of the governing body along with the founder.

Form 990, Part VI, Section A, Line 7B

All decisions are always made by the board members, directors and founders during board meetings.

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

No review was or will be conducted

Form 990, Part VI, Section B, Line 15

The ceo and directors make all decisions together during discussions and meetings with eachother. All employees are key to the organization, but the final decisions are made between directors, board members and the ceo/founder.

Form 990, Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Little Dreams Foundation USA Inc
EIN
46-2995369
Phone
7866518100
Address
4040 NE 2ND AVENUE NO 414, MIAMI, FL 33137

Signing Officer

Name
Orianne Collins
Title
Cofounder & Chairman
Phone
7866518100
Signed
2021-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Orianne Collins
Formed
2013
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
5

Preparer

Firm
Marcum Llp
Address
ONE SOUTHEAST THIRD AVE SUITE 1100, MIAMI, FL 33131
Preparer
Michael Novak
Phone
3059959600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees: program service expenses 44,012. Management and general expenses 66,018. Fundraising expenses 110,031. Total expenses 220,061.

Financial Statement Notes

PART III, LINE 4:

The organization collected art from different sponsors, partners and donors, with the purpose of having it in the gala and events, live and silent auction, to raise funds for the kids in the organization every year. The organization does not maintain or keep the art for internal use, it is used for the purpose of raising funds for the organization.

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IRS990/OtherExpensesGrp/ProgramServicesAmt23529
IRS990/OtherExpensesGrp/ProgramServicesAmt32920
IRS990/OtherExpensesGrp/TotalAmt0101794
IRS990/OtherExpensesGrp/TotalAmt180018
IRS990/OtherExpensesGrp/TotalAmt217646
IRS990/OtherExpensesGrp/TotalAmt314600
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt031521
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018912
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012609
IRS990/OtherSalariesAndWagesGrp/TotalAmt063042
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ORIANNE COLLINS
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0776653
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt059330
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0649909
IRS990/PYOtherRevenueAmt0-38984
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt028430
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0709239
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0737669
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-54626
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0605403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0776653
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0494371
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0214191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02190618
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0310740
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0310740
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69020
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01726361
IRS990ScheduleA/SubstantialContributorsTotAmt0464257
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0605403
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0776653
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0494371
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0214191
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02190618
IRS990ScheduleA/TotalSupportAmt02501358
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/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt011048
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015314
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026362
IRS990ScheduleD/SolicitedAssetsSaleInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION COLLECTED ART FROM DIFFERENT SPONSORS, PARTNERS AND DONORS, WITH THE PURPOSE OF HAVING IT IN THE GALA AND EVENTS, LIVE AND SILENT AUCTION, TO RAISE FUNDS FOR THE KIDS IN THE ORGANIZATION EVERY YEAR. THE ORGANIZATION DOES NOT MAINTAIN OR KEEP THE ART FOR INTERNAL USE, IT IS USED FOR THE PURPOSE OF RAISING FUNDS FOR THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011048
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0LIVE & SILENT AUCTION FOR THE GALA
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt1PRODUCTION AND STAGE FOR THE KIDS TO PERFORM AT THE FUNDRAIS
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt2FUNDRAISING EVENTS SUCH AS BRUNCH AND OTHERS
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd10
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd20
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0200000
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt1200000
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt215000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0170000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt1175000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt210000
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0WHIP FUNDRAISING
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt1ACT PRODUCTIONS
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt2ELLE EVENT PLANNING
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt030000
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt125000
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt25000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0485 MADISON AVE 1300
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt1407 LINCOLN ROAD 302
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt26120 LEWIS AND CLARK AVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm1MIAMI BEACH
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm2WINTER GARDEN
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd1FL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd2FL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd010022
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd133139
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd234787
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0200120
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0200120
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt052875
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt032100
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt032100
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA 2018
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0563735
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0563735
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0363615
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0363615
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0310740
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020775
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt020775
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0415000
IRS990ScheduleG/TotalNetToOrganizationAmt0355000
IRS990ScheduleG/TotalRetainedByContractorsAmt060000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt315000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EXEMPT PURPOSE

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