Civic Intelligence

Dream Academy Inc

990EZ • Fiscal year 2020 • EIN 61-1617571

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 30, 2022

Organization ProfileN/A
2114 Miller AveRichmond, VA 23222

(804) 228-8200

Siviq Scores

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

Liabilities / Assets

97th percentile

1.82x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

1.00x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

12th percentile

-51%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

98th percentile

832%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-50%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$24,683

Up $22,035 (+832%) from 2019

Net Assets

Down

-$20,317

Down $22,965 (-867%) from 2019

Liabilities

Up

$45,000

Up $45,000 from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin12th percentile

Revenue

Down

$45,163

Down $44,965 (-50%) from 2019

Expenses

Down

$68,128

Down $22,449 (-25%) from 2019

Net Income

Down

-$22,965

Down $22,516 (-5015%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$100K$50K$0-$50KAssets 2015: $4,873Liabilities 2015: $4,2002015Assets 2016: $20,139Liabilities 2016: $02016Assets 2017: $27,765Liabilities 2017: $22,4412017Assets 2018: $2,171Liabilities 2018: $6,600Net Assets 2018: -$4,4292018Assets 2019: $2,648Liabilities 2019: $0Net Assets 2019: $2,6482019Assets 2020: $24,683Liabilities 2020: $45,000Net Assets 2020: -$20,3172020Assets 2021: $11,240Liabilities 2021: $45,000Net Assets 2021: -$33,7602021Assets 2022: $16,218Liabilities 2022: $45,000Net Assets 2022: -$28,7822022Assets 2023: $55,531Liabilities 2023: $48,062Net Assets 2023: $7,4692023Assets 2024: $7,673Liabilities 2024: $37,976Net Assets 2024: -$30,3032024

Highlighted filing

2020

Assets$24,683
Liabilities$45,000
Net Assets-$20,317
Open 2020 Filing

Operations Trend

Revenue Growth22nd percentile

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

$150K$100K$50K$0-$50KRevenue 2015: $54,581Expenses 2015: $57,349Net Income 2015: -$2,7682015Revenue 2016: $67,548Expenses 2016: $47,409Net Income 2016: $20,1392016Revenue 2017: $62,251Expenses 2017: $54,625Net Income 2017: $7,6262017Revenue 2018: $108,972Expenses 2018: $106,101Net Income 2018: $2,8712018Revenue 2019: $90,128Expenses 2019: $90,577Net Income 2019: -$4492019Revenue 2020: $45,163Expenses 2020: $68,128Net Income 2020: -$22,9652020Revenue 2021: $61,695Expenses 2021: $75,138Net Income 2021: -$13,4432021Revenue 2022: $91,129Expenses 2022: $86,151Net Income 2022: $4,9782022Revenue 2023: $85,743Expenses 2023: $98,116Net Income 2023: -$12,3732023Revenue 2024: $100,418Expenses 2024: $92,745Net Income 2024: $7,6732024

Highlighted filing

2020

Revenue$45,163
Expenses$68,128
Net Income-$22,965
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 30, 2022
Return Version
2020v4.1
Gross Receipts
$45,163
Mission and Program Overview

Mission

A second-chance high school for adults with some medical training programs

A second chance high school for adults seeking a diploma with some career training.

Program Services

DescriptionGrantsExpenses
GRADUATED ADULTS$0$33,461
MEDICAL BILLING TRAINING$0$2,402
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOANN HENRYPrincipal And DirectorFT$0--
JEREMY LAZARUSCFO-$0--
JOHNNY WALKERChairman-$0--
ALBERTINA R WALKERDirector-$0--
BERNICE TRAVERSDirector-$0--
JERALYNN LAWSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Dream Academy Inc
EIN
61-1617571
Phone
8042288200
Address
2114 MILLER AVE, RICHMOND, VA 23222

Signing Officer

Name
Jeremy Lazarus
Title
CFO
Phone
8042288200
Signed
2022-08-30

Preparer

Firm
Larry Saunders & Associates
Address
2902 CHAMBERLAYNE AVE, RICHMOND, VA 23222
Preparer
James E Benson
Phone
8043218512
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“BUSINESS EXPENSE 55.”

Form 990EZ, Part I, Line 16

“OPERATIONS 6615.”

Form 990EZ, Part I, Line 16

“TRAVELS 25.”

Form 990EZ, Part I, Line 16

“PROGRAMS 35863.”

Form 990EZ, Part II, Line 26

“SBA LOAN 45000.”

Raw XML Appendix181 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0CAROLYN HAWLEY
IRS990EZ/BooksInCareOfDetail/PhoneNum08049718978
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02114 MILLER AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023222
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02648
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024683
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01400
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-22965
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05739
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02648
IRS990EZ/Form990TotalAssetsGrp/EOYAmt024683
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt045163
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02648
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-20317
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02648
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-20317
IRS990EZ/OccupancyRentUtltsAndMaintAmt019831
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOANN HENRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEREMY LAZARUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHNNY WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALBERTINA R WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BERNICE TRAVERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JERALYNN LAWSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRINCIPAL AND DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt042558
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0A SECOND CHANCE HIGH SCHOOL FOR ADULTS SEEKING A DIPLOMA WITH SOME CAREER TRAINING.
IRS990EZ/ProgramServiceRevenueAmt043763
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRADUATED ADULTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MEDICAL BILLING TRAINING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt033461
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12402
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt045000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt068128
IRS990EZ/TotalProgramServiceExpensesAmt035863
IRS990EZ/TotalRevenueAmt045163
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
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
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUSINESS EXPENSE 55.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OPERATIONS 6615.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAVELS 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAMS 35863.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SBA LOAN 45000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JEREMY LAZARUS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08042288200
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DREAM ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0611617571
ReturnHeader/Filer/PhoneNum08042288200
ReturnHeader/Filer/USAddress/AddressLine1Txt02114 MILLER AVE
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023222
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LARRY SAUNDERS & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02902 CHAMBERLAYNE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023222
ReturnHeader/PreparerPersonGrp/PhoneNum08043218512
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James E Benson
ReturnHeader/ReturnTs02022-09-01T07:04:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEREMY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LAZARUS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,683
Liabilities
$45,000
Net assets
-$20,317
Revenue
$45,163
Expenses
$68,128
Net income
-$22,965
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.08$0.38$0.30$1.00$0.93$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.48$0.07$0.86$0.98$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.45$0.29$0.91$0.86$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.11$0.45$0.34$0.62$0.75$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.45$0.20$0.45$0.68$0.23
2019Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.90$0.91$0.00
2018Summary only. Only limited summary data is available for this year.$0.02$0.07$0.04$1.09$1.06$0.03
2017Summary only. Only limited summary data is available for this year.$0.28$0.22$0.62$0.55$0.08
2016Summary only. Only limited summary data is available for this year.$0.20$0.00$0.68$0.47$0.20
2015Summary only. Only limited summary data is available for this year.$0.05$0.04$0.55$0.57$0.03