Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Dreams Academy International
990EZ • Fiscal year 2020 • EIN 81-3518258
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 15.3% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Balance Sheet
Assets
Up$59,749
Up $56,405 (+1687%) from 2019
Net Assets
Down-$20,224
Down $26,126 (-443%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Up$74,921
Up $42,016 (+128%) from 2019
Expenses
Up$111,178
Up $84,020 (+309%) from 2019
Net Income
Down-$36,257
Down $42,004 (-731%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Apr 21, 2021
- Return Version
- 2020v4.2
- Gross Receipts
- $74,921
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FOR PROGRAMS RELATED TO DREAMS ACADEMY AFTER SCHOOL PROGRAM MUSIC PROGRAM AND DREAMS ACADEMY FALL AND SPRING SESSIONS. | $50,000 | $50,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BRANDON SCARBOROUGH | Founder | FT | $11,500 | - | $11,500 |
| CHRISTOPHER MITCHELL | Board Member | - | $0 | - | - |
| DR CRYSHANNA J LEFTWICH | Board Member | - | $0 | - | - |
| ZACHARY KOHL | Board Member | - | $0 | - | - |
| HERMAN MATHERSON | Board Member | - | $0 | - | - |
| GABRIELLE M DANIEL | Board Member | - | $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
- 2021-04-21
- 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 8
“Product income 10260 sales 12965”
Part I, Line 16
“1) other expenses advertising marketing amount 7172 2) other expenses apparel amount 1447 3) other expenses bank charges fees amount 182 4) other expenses car truck amount 46 5) other expenses insurance amount 3253 6) other expenses job supplies amount 1275 7) other expenses legal and professional fees amount 1750 8) other expenses legal and professional services amount 803 9) other expenses meals amount 608 10) other expenses mmm equipment amount 2871 11) other expenses office supplies amount 8499 12) other expenses reimbursable expenses amount 3595 13) other expenses shipping amount 522”
Raw XML Appendix148 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/PersonNm | 0 | GABRIELLE M DANIEL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3308362100 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 252 GRAYLING DR |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | AKRON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 44333 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 16033 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 59749 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 43406 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -36257 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11500 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form720FiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 16033 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 59749 |
| IRS990EZ/GrossReceiptsAmt | 0 | 74921 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 16033 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -20224 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 16033 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 59749 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 12655 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 11500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BRANDON SCARBOROUGH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CHRISTOPHER MITCHELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DR CRYSHANNA J LEFTWICH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ZACHARY KOHL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | HERMAN MATHERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | GABRIELLE M DANIEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | FOUNDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 32023 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 23225 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 8290 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FOR PROGRAMS RELATED TO DREAMS ACADEMY AFTER SCHOOL PROGRAM MUSIC PROGRAM AND DREAMS ACADEMY FALL AND SPRING SESSIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 50000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 50000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 55000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 111178 |
| IRS990EZ/TotalRevenueAmt | 0 | 74921 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | http://www.dreamsacademyakron.org/ |
| IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 77000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 77000 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 77000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 77000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 77000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 77000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 77000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PRODUCT INCOME 10260 SALES 12965 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 1) OTHER EXPENSES ADVERTISING MARKETING AMOUNT 7172 2) OTHER EXPENSES APPAREL AMOUNT 1447 3) OTHER EXPENSES BANK CHARGES FEES AMOUNT 182 4) OTHER EXPENSES CAR TRUCK AMOUNT 46 5) OTHER EXPENSES INSURANCE AMOUNT 3253 6) OTHER EXPENSES JOB SUPPLIES AMOUNT 1275 7) OTHER EXPENSES LEGAL AND PROFESSIONAL FEES AMOUNT 1750 8) OTHER EXPENSES LEGAL AND PROFESSIONAL SERVICES AMOUNT 803 9) OTHER EXPENSES MEALS AMOUNT 608 10) OTHER EXPENSES MMM EQUIPMENT AMOUNT 2871 11) OTHER EXPENSES OFFICE SUPPLIES AMOUNT 8499 12) OTHER EXPENSES REIMBURSABLE EXPENSES AMOUNT 3595 13) OTHER EXPENSES SHIPPING AMOUNT 522 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART I, LINE 16 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GABRIELLE M DANIEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VICE PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3308362100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-04-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DREAMS ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DREA |
| ReturnHeader/Filer/EIN | 0 | 813518258 |
| ReturnHeader/Filer/PhoneNum | 0 | 3309572474 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 730 NOME AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AKRON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 44320 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 275014403 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SOS 1040 PLUS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 252 GRAYLING DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FAIRLAWN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 44333 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3308362100 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GABRIELLE DANIEL |
| ReturnHeader/ReturnTs | 0 | 2022-10-19T12:30:47-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GABRIELLE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | DANIEL |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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.
- Assets
- $59,749
- Liabilities
- $0
- Net assets
- -$20,224
- Revenue
- $74,921
- Expenses
- $111,178
- Net income
- -$36,257