Civic Intelligence

Dreams Academy International

990EZ • Fiscal year 2019 • EIN 81-3518258

Jan 01, 2019 to Dec 31, 2019 • Filed on Jan 01, 2019

730 Nome AveAkron, OH 44320

(330) 957-2474

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

100th percentile

334300%

Faster asset growth than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

22%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,344

Up $3,343 (+334300%) from 2018

Net Assets

Down

$5,902

Down $6,595 (-53%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$32,905

Up $5,868 (+22%) from 2018

Expenses

Up

$27,158

Up $12,618 (+87%) from 2018

Net Income

Down

$5,747

Down $6,750 (-54%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2018: $1Liabilities 2018: $0Net Assets 2018: $12,4972018Assets 2019: $3,344Liabilities 2019: $0Net Assets 2019: $5,9022019Assets 2020: $59,749Liabilities 2020: $0Net Assets 2020: -$20,2242020Assets 2021: $118,838Liabilities 2021: $0Net Assets 2021: $9752021Assets 2022: $72,153Liabilities 2022: $39,900Net Assets 2022: $32,2532022Assets 2023: $2,444Liabilities 2023: $0Net Assets 2023: $2,4442023Assets 2024: $2,444Net Assets 2024: $1,4502024

Highlighted filing

2019

Assets$3,344
Liabilities$0
Net Assets$5,902

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $27,037Expenses 2018: $14,540Net Income 2018: $12,4972018Revenue 2019: $32,905Expenses 2019: $27,158Net Income 2019: $5,7472019Revenue 2020: $74,921Expenses 2020: $111,178Net Income 2020: -$36,2572020Revenue 2021: $120,311Expenses 2021: $150,293Net Income 2021: -$29,9822021Revenue 2022: $182,759Expenses 2022: $181,396Net Income 2022: $1,3632022Revenue 2023: $199,966Expenses 2023: $197,522Net Income 2023: $2,4442023Revenue 2024: $184,666Expenses 2024: $185,660Net Income 2024: -$9942024

Highlighted filing

2019

Revenue$32,905
Expenses$27,158
Net Income$5,747
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 1, 2019
Return Version
2019v5.1
Gross Receipts
$32,905
Mission and Program Overview

Mission

To provide a network of professional african american males to mentor teach and ultimately positively affect young black males by sowing int o their manhood dreams academy is for young men ages 10-15. They meet on monday evenings and the during the 8 weeks students will experienc e and be exposed to activities and thought-provoking dialogue that wil l holistically encourage and teach soft skills problem solving career guidance and financial literacy. These sessions will be taught by pred ominantly african-american male professionals that presently work in a multitude of fields and vocations.

To provide a network of professional african american males to mentor teach and ultimately positively affect young black males by sowing int o their manhood dreams academy is for young men ages 10-15. They meet on monday evenings and the during the 8 weeks students will experience and be exposed to activities and thought-provoking dialogue that will holistically encourage and teach soft skills problem solving career guidance and financial literacy. These sessions will be taught by predominantly african-american male professionals that presently work in a multitude of fields and vocations.

Program Services

DescriptionGrantsExpenses
BME GENIUS AWARD $10000-SUPPORTED OPERATING AND GENERAL PROGRAM COSTS.$10,000$10,000
COMMUNITY FUND GRANTS DREAMS SUMMER AND FALL STUDENT PROGRAMS$5,000$5,000
VERNON ODOM GRANT - DREAMS 2019 SUMMER PROGRAM$1,000$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR LATRICE D SNODGRASSVice President-$0--
GARRICK BLACKMarketing Committee Head-$0--
CHRISTOPHER MITCHELLPresident-$0--
EDWIN HUBBARD JRTreasurer-$0--
BRANDON SCARBOROUGHFounderFT$0--
Filing and Contact Details

Filer

Filer Name
Dreams Academy
EIN
81-3518258
Phone
3309572474
Address
730 NOME AVE, AKRON, OH 44320

Signing Officer

Name
Gabrielle M Daniel
Title
Vice President
Phone
3308362100
Signed
2019-01-01
Discuss with paid preparer
Yes

Preparer

Firm
Sos 1040 Plus LLC
Address
252 GRAYLING DRIVE, FAIRLAWN, OH 44333
Preparer
Gabrielle Daniel
Phone
3308362100
Supplemental Narrative

Additional Explanations

Part I, Line 16

1) other expenses advertising marketing amount 2695 2) other expenses apparel amount 1149 3) other expenses bank fees amount 302 4) other expenses insurnce amount 903 5) other expenses legal and professional services amount 6650 6) other expenses meals and entertainment amount 1218 7) other expenses office supplies and software amount 2042 8) other expenses travel amount 1179 9) other expenses utilities amount 582

Raw XML Appendix156 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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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE A NETWORK OF PROFESSIONAL AFRICAN AMERICAN MALES TO MENTOR TEACH AND ULTIMATELY POSITIVELY AFFECT YOUNG BLACK MALES BY SOWING INT O THEIR MANHOOD DREAMS ACADEMY IS FOR YOUNG MEN AGES 10-15. THEY MEET ON MONDAY EVENINGS AND THE DURING THE 8 WEEKS STUDENTS WILL EXPERIENCE AND BE EXPOSED TO ACTIVITIES AND THOUGHT-PROVOKING DIALOGUE THAT WILL HOLISTICALLY ENCOURAGE AND TEACH SOFT SKILLS PROBLEM SOLVING CAREER GUIDANCE AND FINANCIAL LITERACY. THESE SESSIONS WILL BE TAUGHT BY PREDOMINANTLY AFRICAN-AMERICAN MALE PROFESSIONALS THAT PRESENTLY WORK IN A MULTITUDE OF FIELDS AND VOCATIONS.
IRS990EZ/PrintingPublicationsPostageAmt0671
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) OTHER EXPENSES ADVERTISING MARKETING AMOUNT 2695 2) OTHER EXPENSES APPAREL AMOUNT 1149 3) OTHER EXPENSES BANK FEES AMOUNT 302 4) OTHER EXPENSES INSURNCE AMOUNT 903 5) OTHER EXPENSES LEGAL AND PROFESSIONAL SERVICES AMOUNT 6650 6) OTHER EXPENSES MEALS AND ENTERTAINMENT AMOUNT 1218 7) OTHER EXPENSES OFFICE SUPPLIES AND SOFTWARE AMOUNT 2042 8) OTHER EXPENSES TRAVEL AMOUNT 1179 9) OTHER EXPENSES UTILITIES AMOUNT 582
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 16
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GABRIELLE M DANIEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03308362100
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-01
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ReturnHeader/Filer/EIN0813518258
ReturnHeader/Filer/PhoneNum03309572474
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ReturnHeader/FilingSecurityInformation/IPTm011:05:00
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044333
ReturnHeader/PreparerPersonGrp/PhoneNum03308362100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GABRIELLE DANIEL
ReturnHeader/ReturnTs02020-10-14T17:21:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings