Civic Intelligence

Dreamchasers

990 • Fiscal year 2022 • EIN 47-4939937

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 29, 2023

200 Rachel CourtClarksville, TN 37043

(931) 624-6675

Siviq Scores

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

Liabilities / Assets

61st percentile

0.06x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

46th percentile

0.01x

Higher debt load relative to revenue than 46% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

42nd percentile

2.4%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

79th percentile

$74,757

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

83rd percentile

39%

Faster asset growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

71%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$239,943

Up $67,926 (+39%) from 2021

Net Assets

Up

$226,168

Up $54,151 (+31%) from 2021

Liabilities

Up

$13,775

Up $13,775 from 2021

Revenue

Up

$991,224

Up $413,007 (+71%) from 2021

Expenses

Up

$967,369

Up $413,957 (+75%) from 2021

Net Income

Down

$23,855

Down $950 (-3.8%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $13,739Liabilities 2015: $0Net Assets 2015: $13,7392015Assets 2016: $80,799Liabilities 2016: $0Net Assets 2016: $80,7992016Assets 2017: $179,232Liabilities 2017: $23,456Net Assets 2017: $155,7762017Assets 2018: $207,100Liabilities 2018: $21,422Net Assets 2018: $185,6782018Assets 2019: $179,778Liabilities 2019: $0Net Assets 2019: $179,7782019Assets 2020: $147,212Liabilities 2020: $0Net Assets 2020: $147,2122020Assets 2021: $172,017Liabilities 2021: $0Net Assets 2021: $172,0172021Assets 2022: $239,943Liabilities 2022: $13,775Net Assets 2022: $226,1682022Assets 2023: $407,794Liabilities 2023: $13,773Net Assets 2023: $394,0212023Assets 2024: $359,754Liabilities 2024: $17,553Net Assets 2024: $342,2012024

Highlighted filing

2022

Assets$239,943
Liabilities$13,775
Net Assets$226,168

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $33,311Expenses 2015: $19,572Net Income 2015: $13,7392015Revenue 2016: $546,188Expenses 2016: $479,128Net Income 2016: $67,0602016Revenue 2017: $1,030,332Expenses 2017: $941,775Net Income 2017: $88,5572017Revenue 2018: $1,180,872Expenses 2018: $1,150,970Net Income 2018: $29,9022018Revenue 2019: $1,211,481Expenses 2019: $1,217,381Net Income 2019: -$5,9002019Revenue 2020: $412,764Expenses 2020: $445,330Net Income 2020: -$32,5662020Revenue 2021: $578,217Expenses 2021: $553,412Net Income 2021: $24,8052021Revenue 2022: $991,224Expenses 2022: $967,369Net Income 2022: $23,8552022Revenue 2023: $1,584,348Expenses 2023: $1,416,495Net Income 2023: $167,8532023Revenue 2024: $1,332,558Expenses 2024: $1,196,825Net Income 2024: $135,7332024

Highlighted filing

2022

Revenue$991,224
Expenses$967,369
Net Income$23,855
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 29, 2023
Return Version
2022v5.0
Gross Receipts
$991,224
Mission and Program Overview

Mission

Our goal at dream chasers is to raise funds to donate to scholarships for anything pertaining to education, extracurricular activites, sports, health, medical, arts, sciences, religion and any other nonprofit.

Provide grants and scholarships for education, extracurricular activites, sports, health, medical, arts, sciences, religion and other nonprofit activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$170,392$213,686▲ $43,294
Accounts Receivable-$25,932-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$172,017$239,943▲ $67,926
Other Assets Total$1,625$325▼ $1,300
Liabilities
Accounts Payable and Accrued Expenses-$13,775-
Total Liabilities$0$13,775▲ $13,775
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$172,017$226,168▲ $54,151
Total Net Assets Fund Balance$172,017$226,168▲ $54,151
Total Liabilities and Net Assets / Fund Balance$172,017$239,943▲ $67,926
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brittany BensonSecretaryFT$74,757$74,757
Isabelle LorenzoVice PresidentFT$74,757$74,757
Miller BoisseauDirectorPT$13,484$13,484

Board Members and Trustees

NameTitle
Gareth McdonaldPresident
Lori GeistTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$991,224
Change in Net Assets
$23,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$776,300
Salaries, Compensation, and Employee Benefits$174,994
Other Expenses$16,075
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$776,300--$776,300
Current Officers, Directors, Trustees, and Key Employees$32,600$130,398-$162,998
Payroll Taxes$2,021$9,975-$11,996
Advertising$7,290--$7,290
Travel$3,821$65-$3,886
Other Expenses$1,380--$1,380
Total Functional Expenses$826,931$140,438$0$967,369
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Apsu CheerleadingClarksville, TN--$29,950
University of Tn ChattanoogaChattanooga, TN--$21,150
Pensacola Christian CollegePensacola, FL--$21,000
University of Tn KnoxvilleKnoxville, TN--$20,900
Dance ForceClarksville, TN--$16,250
Dance WorksMurfreesboro, TN--$13,700
Clarksville AcademyClarksville, TN--$13,000
Spotlite Dance StudioMurfreesboro, TN--$11,050
Tennessee Tech UniversityCookville, TN--$10,300
University of KyLexington, KY--$9,500
Mc Autism Education & SportsSpring Hill, TN--$8,000
Austins Beauty CollegeClarksville, TN--$7,450
Dc Dance FactoryFranklin, TN--$6,950
Milele AcademyNashville, TN--$6,500
Jackson State BaseballJackson, TN--$5,800
Legacy CheerNashville, TN--$5,650
Power AllstarsPleasant View, TN--$5,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$991,224
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concession Services$991,224$991,224-$991,224
Total Events$991,224$991,224-$991,224
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
No
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 A, Line 8B

There are no separate committees that meet outside of the board of directors.

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

Management will review prior to signing.

Form 990, Part VI, Section C, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Dreamchasers
EIN
47-4939937
Phone
9316246675
Address
200 Rachel Court, CLARKSVILLE, TN 37043

Signing Officer

Name
Brittany Benson
Title
Director
Signed
2023-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brittany Benson
Formed
2015
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
5
Employees
3

Preparer

Firm
Stone Rudolph & Henry Plc
Address
124 CENTER POINTE DRIVE, CLARKSVILLE, TN 37040
Preparer
Benjamin T Carroll
Phone
9316484786
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Adjustment to match 2021 audit = $30296

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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/Total509Grp/TotalAmt04339158
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0991224
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IRS990ScheduleI/RecipientTable/CashGrantAmt413700
IRS990ScheduleI/RecipientTable/CashGrantAmt56950
IRS990ScheduleI/RecipientTable/CashGrantAmt65800
IRS990ScheduleI/RecipientTable/CashGrantAmt75650
IRS990ScheduleI/RecipientTable/CashGrantAmt88000
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IRS990ScheduleI/RecipientTable/CashGrantAmt149500
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IRS990ScheduleI/RecipientTable/USAddress/CityNm11PLEASANT VIEW
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IRS990ScheduleI/RecipientTable/USAddress/CityNm13COOKVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm14LEXINGTON
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6TN
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11TN
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd13TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd14KY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd15TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd16TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd037044
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd137040
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd237040
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd337043
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd437129
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd537067
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd638301
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd737211
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd837174
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd937203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1032503
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1137146

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