Civic Intelligence

Dreams Soar Inc.

990EZ • Fiscal year 2018 • EIN 81-2549531

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 05, 2019

800 Belle Terre Pkwy Suite 200-139Palm Coast, FL 32164

(510) 365-4458

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

97th percentile

342%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

17th percentile

-30%

Faster revenue growth than 17% of similar nonprofits.

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

Assets

Up

$55,855

Up $43,208 (+342%) from 2017

Net Assets

Up

$55,855

Up $43,208 (+342%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$88,443

Down $38,692 (-30%) from 2017

Expenses

Down

$45,235

Down $85,230 (-65%) from 2017

Net Income

Up

$43,208

Up $46,538 (+1398%) from 2017

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2017: $12,647Liabilities 2017: $0Net Assets 2017: $12,6472017Assets 2018: $55,855Liabilities 2018: $0Net Assets 2018: $55,8552018Assets 2019: $20,434Liabilities 2019: $2,000Net Assets 2019: $18,4342019Assets 2020: $29,838Liabilities 2020: $9,229Net Assets 2020: $20,6092020Assets 2021: $20,405Liabilities 2021: $16,247Net Assets 2021: $4,1582021Assets 2022: $23,069Liabilities 2022: $24,000Net Assets 2022: -$9312022Assets 2023: $12,102Liabilities 2023: $15,229Net Assets 2023: -$3,1272023Assets 2024: $300Liabilities 2024: $4,131Net Assets 2024: -$3,8312024

Highlighted filing

2018

Assets$55,855
Liabilities$0
Net Assets$55,855

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $127,135Expenses 2017: $130,465Net Income 2017: -$3,3302017Revenue 2018: $88,443Expenses 2018: $45,235Net Income 2018: $43,2082018Revenue 2019: $17,360Expenses 2019: $54,781Net Income 2019: -$37,4212019Revenue 2020: $4,202Expenses 2020: $2,027Net Income 2020: $2,1752020Revenue 2021: $3,599Expenses 2021: $20,050Net Income 2021: -$16,4512021Revenue 2022: $884Expenses 2022: $5,973Net Income 2022: -$5,0892022Revenue 2023: $2,026Expenses 2023: $4,222Net Income 2023: -$2,1962023Revenue 2024: $215Expenses 2024: $919Net Income 2024: -$7042024

Highlighted filing

2018

Revenue$88,443
Expenses$45,235
Net Income$43,208
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 5, 2019
Return Version
2018v3.1
Gross Receipts
$88,443
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$45,235
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROSE MARIE NORMANDirector-$0--
DR JAMES SULTONDirector-$0--
ELIZABETH LARSONDirector-$0--
BRUCE GANGERDirector-$0--
HEATHER SCHLICHTINGDirector-$0--
LYNDSE F COSTABILEChair-$0--
LOUIS C SENOVice Chair-$0--
SHAESTA WAIZPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Dreams Soar Inc
EIN
81-2549531
Address
800 BELLE TERRE PKWY SUITE 200-139, PALM COAST, FL 32164

Signing Officer

Name
Shaesta Waiz
Title
President
Phone
5103654458
Signed
2019-09-05
Discuss with paid preparer
No

Preparer

Firm
Elite Tax & Accounting LLC
Address
3723 Southside Blvd Ste 2, Jacksonville, FL 32216
Preparer
Dmitriy Krasnov EA
Phone
9044041769
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountaircraft expenses 23,585flight expenses 7,231travel expenses 605insurance 8,978event expenses 225bank charges and wire fees 751general and admin expenses 113it and website expenses 1,908

Description of other assets Part II line 24

Category beginning of year end of yearprepaid expenses amex 0 23,082

Part III response or note to any other line in Part III

Form 990-ez, part iii, primary exempt purpose:to inspire the next generation of science, technology, engineering and math (stem) and aviation professionals, especially girls and young women. Form 990-ez, part iii, line 28, program service accomplishments:we launched a round-the-world solo flight, piloted by the youngest woman to do so in a single engine airplane. Shaesta waizs solo flight was may 13-october 4, 2017, with outreach at 17 of the 30 stops around the world, with a focus on inspiring girls and young women to enter stem. Form 990-ez, part iii, line 29, program service accomplishments:scholarships make dreams reality for the less privileged, offering the promise of a better future if they are willing to work for it. Girls and young women will be inspired to pursue more education, potentially entering a stem field or even becoming a pilot. Its not overreaching to say girls education is a linchpin to building a more peaceful world.

Raw XML Appendix164 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTAIRCRAFT EXPENSES 23,585FLIGHT EXPENSES 7,231TRAVEL EXPENSES 605INSURANCE 8,978EVENT EXPENSES 225BANK CHARGES AND WIRE FEES 751GENERAL AND ADMIN EXPENSES 113IT AND WEBSITE EXPENSES 1,908
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARPREPAID EXPENSES AMEX 0 23,082
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE:TO INSPIRE THE NEXT GENERATION OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) AND AVIATION PROFESSIONALS, ESPECIALLY GIRLS AND YOUNG WOMEN. FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS:WE LAUNCHED A ROUND-THE-WORLD SOLO FLIGHT, PILOTED BY THE YOUNGEST WOMAN TO DO SO IN A SINGLE ENGINE AIRPLANE. SHAESTA WAIZS SOLO FLIGHT WAS MAY 13-OCTOBER 4, 2017, WITH OUTREACH AT 17 OF THE 30 STOPS AROUND THE WORLD, WITH A FOCUS ON INSPIRING GIRLS AND YOUNG WOMEN TO ENTER STEM. FORM 990-EZ, PART III, LINE 29, PROGRAM SERVICE ACCOMPLISHMENTS:SCHOLARSHIPS MAKE DREAMS REALITY FOR THE LESS PRIVILEGED, OFFERING THE PROMISE OF A BETTER FUTURE IF THEY ARE WILLING TO WORK FOR IT. GIRLS AND YOUNG WOMEN WILL BE INSPIRED TO PURSUE MORE EDUCATION, POTENTIALLY ENTERING A STEM FIELD OR EVEN BECOMING A PILOT. ITS NOT OVERREACHING TO SAY GIRLS EDUCATION IS A LINCHPIN TO BUILDING A MORE PEACEFUL WORLD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III response or note to any other line in Part III
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05103654458
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-05
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ReturnHeader/Filer/EIN0812549531
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ReturnHeader/FilingSecurityInformation/IPDt02019-09-10
ReturnHeader/FilingSecurityInformation/IPTm015:24:41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814651373
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03723 Southside Blvd Ste 2
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dmitriy Krasnov EA
ReturnHeader/ReturnTs02019-09-10T15:10:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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