Civic Intelligence

Dream Academy Inc

990EZ • Fiscal year 2022 • EIN 61-1617571

Jan 01, 2022 to Dec 31, 2022 • Filed on May 07, 2023

Organization ProfileN/A
2114 Miller Ave 2nd FloorRichmond, VA 23222-4341

(804) 690-9404

Siviq Scores

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

Liabilities / Assets

98th percentile

2.77x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

0.49x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

51st percentile

5.5%

Higher net margin than 51% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

82nd percentile

44%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

72nd percentile

48%

Faster revenue growth than 72% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$16,218

Up $4,978 (+44%) from 2021

Net Assets

Up

-$28,782

Up $4,978 (+15%) from 2021

Liabilities

Flat

$45,000

Flat from 2021

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin51st percentile

Revenue

Up

$91,129

Up $29,434 (+48%) from 2021

Expenses

Up

$86,151

Up $11,013 (+15%) from 2021

Net Income

Up

$4,978

Up $18,421 (+137%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth82nd 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

2022

Assets$16,218
Liabilities$45,000
Net Assets-$28,782
Open 2022 Filing

Operations Trend

Revenue Growth72nd 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

2022

Revenue$91,129
Expenses$86,151
Net Income$4,978
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 7, 2023
Return Version
2022v5.0
Gross Receipts
$91,129
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
Graduated 65 students who received diplomas and went to work.$0$36,000
Enabled students to train for and be certified in medical billing and coding and phlebotomy$0$8,000
Worked with Richmond Ambulance Authority to ensure students were certified in CPR$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Clarence McGillChairmanPT$0--
Joann HenryDirector PrincipalFT$0--
Adeline ClarkeDirectorPT$0--
Gerilyn HarrisDirectorPT$0--
Jeremy LazarusTreasurer Chief Financial OfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Dream Academy
EIN
61-1617571
In Care Of
% Jeremy Lazarus
Address
2114 MILLER AVE 2ND FLOOR, RICHMOND, VA 23222-4341

Signing Officer

Name
Jeremy Lazarus
Title
chief financial officer
Signed
2023-05-07
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 8

“| Other Revenues:, Amount:| Kroger, $100|”

Part I, line 16

“| Other Expenses:, Amount:| Advertising telephone computer computer service medical services program expenses etc., $34831.00|”

Part II, line 26

“| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $45000, $45000|”

Raw XML Appendix153 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/BusinessName/BusinessNameLine1Txt0Hawley Financial Services
IRS990EZ/BooksInCareOfDetail/PhoneNum08046909404
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02114 Miller Ave
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt02nd Floor
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Richmond
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023222
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011240
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IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04978
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt031000
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt091129
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-33760
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-28782
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-33760
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-28782
IRS990EZ/OccupancyRentUtltsAndMaintAmt019700
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Clarence McGill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Joann Henry
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Adeline Clarke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Gerilyn Harris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jeremy Lazarus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director Principal
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer Chief Financial Officer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt034831
IRS990EZ/OtherRevenueTotalAmt0100
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0A second-chance high school for adults with some medical training programs
IRS990EZ/PrintingPublicationsPostageAmt0620
IRS990EZ/ProgramServiceRevenueAmt056029
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Graduated 65 students who received diplomas and went to work.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Enabled students to train for and be certified in medical billing and coding and phlebotomy
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Worked with Richmond Ambulance Authority to ensure students were certified in CPR
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt036000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt18000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt045000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt045000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt086151
IRS990EZ/TotalProgramServiceExpensesAmt044000
IRS990EZ/TotalRevenueAmt091129
IRS990EZ/TypeOfOrganizationCorpInd0X
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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Announced on social media
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1, line 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| Kroger, $100|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Advertising telephone computer computer service medical services program expenses etc., $34831.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $45000, $45000|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeremy Lazarus
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0chief financial officer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DREAM ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0611617571
ReturnHeader/Filer/ForeignPhoneNum08046909404
ReturnHeader/Filer/InCareOfNm0% Jeremy Lazarus
ReturnHeader/Filer/USAddress/AddressLine1Txt02114 MILLER AVE 2ND FLOOR
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0232224341
ReturnHeader/ReturnTs02023-05-07T17:12:04-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,218
Liabilities
$45,000
Net assets
-$28,782
Revenue
$91,129
Expenses
$86,151
Net income
$4,978
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