Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Dreams Academy International
990EZ • Fiscal year 2021 • EIN 81-3518258
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 34.0% of source-year revenue.
Asset Growth
89th percentile
Faster asset growth than 89% of similar nonprofits.
Revenue Growth
78th percentile
Faster revenue growth than 78% of similar nonprofits.
Balance Sheet
Assets
Up$118,838
Up $59,089 (+99%) from 2020
Net Assets
Up$975
Up $21,199 (+105%) from 2020
Liabilities
Flat$0
Flat from 2020
Revenue And Expenses
Revenue
Up$120,311
Up $45,390 (+61%) from 2020
Expenses
Up$150,293
Up $39,115 (+35%) from 2020
Net Income
Up-$29,982
Up $6,275 (+17%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Apr 10, 2023
- Return Version
- 2021v4.2
- Gross Receipts
- $120,311
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 experienc e and be exposed to activities and thought-provoking dialogue that wi l l holistically encourage and teach soft skills problem solving caree r guidance and financial literacy. These sessions will be taught by pr ed ominantly african-american male professionals that presently work i n 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 | $8,000 | $8,000 |
| CHANGE EXPERIMENT | $4,500 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BRANDON SCARBOROUGH | Executive Director | FT | $40,900 | - | $40,900 |
| ZACHARY KOHL | Board Member | - | $0 | - | - |
| DR CRYSHANNA J LEFTWICH | Board Member | - | $0 | - | - |
| HERMAN MATHERSON | Board Member | - | $0 | - | - |
| CHRISTOPER MITCHELL | Board Member | - | $0 | - | - |
| GABRIELLE M DANIEL | Treasurer | PT | $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
- Lakisha a Barclay
- Title
- President
- Phone
- 3308362100
- Signed
- 2023-04-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sos 1040 Plus LLC
- Address
- 252 GRAYLING DRIVE, FAIRLAWN, OH 44333
- Preparer
- Lakisha a Barclay
- Phone
- 3308362100
Supplemental Narrative
Additional Explanations
Part I, Line 16
“1) other expenses operating expenses amount 19726 2) other expenses car truck amount 8057 3) other expenses legal and professional fees amount 1006 4) other expenses hotels lodging amount 2847 5) other expenses transportation amount 85 6) other expenses music equipment amount 610 7) other expenses music supplies amount 5256 8) other expenses queens expenses amount 780 9) other expenses dreams expenses amount 23901”
Raw XML Appendix152 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GABRIELLE M DANIEL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3308362100 |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FAIRLAWN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 44333 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 30957 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 118838 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 41728 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -29982 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6440 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form720FiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 30957 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 118838 |
| IRS990EZ/GrossReceiptsAmt | 0 | 120311 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 30957 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 975 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 30957 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 118838 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 12677 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 40900 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| 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 | ZACHARY KOHL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DR CRYSHANNA J LEFTWICH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | HERMAN MATHERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CHRISTOPER MITCHELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | GABRIELLE M DANIEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| 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 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 62268 |
| 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 WI L L HOLISTICALLY ENCOURAGE AND TEACH SOFT SKILLS PROBLEM SOLVING CAREE R GUIDANCE AND FINANCIAL LITERACY. THESE SESSIONS WILL BE TAUGHT BY PR ED OMINANTLY AFRICAN-AMERICAN MALE PROFESSIONALS THAT PRESENTLY WORK I N A MULTITUDE OF FIELDS AND VOCATIONS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 78583 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FOR PROGRAMS RELATED TO DREAMS ACADEMY AFTER SCHOOL PROGRAM MUSIC PROGRAM AND DREAMS ACADEMY FALL AND SPRING SESSIONS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | CHANGE EXPERIMENT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 8000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 4500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 8000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 68908 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 150293 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 8000 |
| IRS990EZ/TotalRevenueAmt | 0 | 120311 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| 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 | 60480 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 77000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 137480 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 102273 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 102273 |
| 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 | 239753 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 162753 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 77000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 239753 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 162753 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 77000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 239753 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 1) OTHER EXPENSES OPERATING EXPENSES AMOUNT 19726 2) OTHER EXPENSES CAR TRUCK AMOUNT 8057 3) OTHER EXPENSES LEGAL AND PROFESSIONAL FEES AMOUNT 1006 4) OTHER EXPENSES HOTELS LODGING AMOUNT 2847 5) OTHER EXPENSES TRANSPORTATION AMOUNT 85 6) OTHER EXPENSES MUSIC EQUIPMENT AMOUNT 610 7) OTHER EXPENSES MUSIC SUPPLIES AMOUNT 5256 8) OTHER EXPENSES QUEENS EXPENSES AMOUNT 780 9) OTHER EXPENSES DREAMS EXPENSES AMOUNT 23901 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 16 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LAKISHA A BARCLAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3308362100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-04-10 |
| 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 | LAKISHA A BARCLAY |
| ReturnHeader/ReturnTs | 0 | 2023-07-16T12:35:45-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | LAKISHA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BARCLAY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $118,838
- Liabilities
- $0
- Net assets
- $975
- Revenue
- $120,311
- Expenses
- $150,293
- Net income
- -$29,982