Civic Intelligence

Dream Big Foundation Inc.

990 • Fiscal year 2021 • EIN 82-3026540

Jul 01, 2020 to Jun 30, 2021 • Filed on May 06, 2022

Organization ProfileWWW.DREAMBIGBALTIMORE.ORG
1450 Wilderness Ridge TrailCrownsville, MD 21032

(410) 925-6423

Siviq Scores

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

Liabilities / Assets

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

1.34x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

3rd percentile

-91%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

90th percentile

$198,500

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 47.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

59th percentile

14%

Faster asset growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

901%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$3,093,434

Up $383,943 (+14%) from 2020

Net Assets

Down

$2,535,725

Down $159,300 (-5.9%) from 2020

Liabilities

Up

$557,709

Up $543,243 (+3755%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin3rd percentile

Revenue

Up

$416,051

Up $374,491 (+901%) from 2020

Expenses

Up

$795,651

Up $440,885 (+124%) from 2020

Net Income

Down

-$379,600

Down $66,394 (-21%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2017: $1,500,256Liabilities 2017: $0Net Assets 2017: $1,500,2562017Assets 2018: $2,553,603Liabilities 2018: $0Net Assets 2018: $2,553,6032018Assets 2019: $3,052,907Liabilities 2019: $2,861Net Assets 2019: $3,050,0462019Assets 2020: $2,709,491Liabilities 2020: $14,466Net Assets 2020: $2,695,0252020Assets 2021: $3,093,434Liabilities 2021: $557,709Net Assets 2021: $2,535,7252021Assets 2022: $3,123,942Liabilities 2022: $863,462Net Assets 2022: $2,260,4802022Assets 2023: $2,318,086Liabilities 2023: $17,873Net Assets 2023: $2,300,2132023Assets 2024: $1,915,858Liabilities 2024: $100,562Net Assets 2024: $1,815,2962024

Highlighted filing

2021

Assets$3,093,434
Liabilities$557,709
Net Assets$2,535,725
Open 2021 Filing

Operations Trend

Revenue Growth99th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $1,500,256Expenses 2017: $0Net Income 2017: $1,500,2562017Revenue 2018: $1,575,598Expenses 2018: $449,770Net Income 2018: $1,125,8282018Revenue 2019: $797,119Expenses 2019: $506,850Net Income 2019: $290,2692019Revenue 2020: $41,560Expenses 2020: $354,766Net Income 2020: -$313,2062020Revenue 2021: $416,051Expenses 2021: $795,651Net Income 2021: -$379,6002021Revenue 2022: $1,405,342Expenses 2022: $1,379,738Net Income 2022: $25,6042022Revenue 2023: $1,590,611Expenses 2023: $1,661,087Net Income 2023: -$70,4762023Revenue 2024: $1,307,354Expenses 2024: $1,609,982Net Income 2024: -$302,6282024

Highlighted filing

2021

Revenue$416,051
Expenses$795,651
Net Income-$379,600
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 6, 2022
Return Version
2020v4.0
Gross Receipts
$416,051
Mission and Program Overview

Mission

To strengthen the performance of community-based nonprofits and effectively integrate them to achieve life changing results for children and youth living in underserved baltimore neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,175,051$2,633,145▲ $458,094
Cash and Non-Interest-Bearing Accounts$533,443$459,624▼ $73,819
Land, Buildings, and Equipment, Net$997$665▼ $332
Total Assets$2,709,491$3,093,434▲ $383,943
Liabilities
Other Liabilities$14,466$557,709▲ $543,243
Total Liabilities$14,466$557,709▲ $543,243
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,695,025$2,535,725▼ $159,300
Total Net Assets Fund Balance$2,695,025$2,535,725▼ $159,300
Total Liabilities and Net Assets / Fund Balance$2,709,491$3,093,434▲ $383,943

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$665$997$1,662
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Veronica NolanPartnerFT$178,500$20,000$198,500

Board Members and Trustees

NameTitle
Ricky LevineVice Chairma
Donald ScheelerBoard Member
Doug AustinBoard Member
Michelle Becote-jacksonBoard Member
Stephen W ShawBoard Member
Sean F Murphy SrFounder/boar
Laura ScheelerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$390,835
Program Service Revenue
$0
Investment Income
$22,858
Other Revenue
$2,358
All Other Contributions
$390,835
Change in Net Assets
$-379,600

Audited Revenue Reconciliation

Revenue per Audited Statements
$392,081
Revenue Not Reported on Financial Statements
$23,970
Revenue Not Reported on Form 990
$245,225
Total Revenue per Audited Statements
$637,306
Total Revenue per Form 990
$416,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$418,238
Other Expenses$307,625
Grants and Similar Amounts Paid$69,788
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$338,083--$338,083
All Other Expenses$89,880$3,806-$93,686
Grants to Domestic Orgs$69,788--$69,788
Fees for Services Other-$43,591-$43,591
Other Salaries and Wages$37,068$320-$37,388
Payroll Taxes$27,004$32-$27,036
Other Expenses$22,246--$22,246
Advertising-$19,930-$19,930
Fees for Services Accounting-$15,472-$15,472
Office Expenses-$13,276-$13,276
Pension Plan Contributions$8,843--$8,843
Other Employee Benefits$6,888--$6,888
Insurance$3,796--$3,796
Fees for Services Legal-$1,202-$1,202
Depreciation Depletion$332--$332
Conferences and Meetings$312--$312
Total Functional Expenses$698,022$97,629$0$795,651

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$795,651
Total Expenses per Audited Statements$795,651
Total Expenses per Form 990$795,651
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Creative KidsBaltimore, MD-Learning Pods$69,788
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held on Behalf of Others$522,674
Accrued Expenses$24,830
Capital One Credit Card$10,205
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Laura scheeler don scheeler treasurer board member spouse”

Form 990, Page 6, Part VI, Line 11B

“Chairman reviews tax return and makes copies available to all board members.”

Form 990, Page 6, Part VI, Line 12C

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

Form 990, Page 6, Part VI, Line 15A

“The organization engaged smith pilot (a washington, dc based company) to assist in determining reasonable and competitive pay for its executive directors.”

Form 990, Page 6, Part VI, Line 19

“Made available upon request.”

Filing and Contact Details

Filer

Filer Name
Dream Big Foundation Inc
EIN
82-3026540
Phone
4109256423
Address
1450 WILDERNESS RIDGE TRAIL, CROWNSVILLE, MD 21032

Signing Officer

Name
Sean F Murphy Sr
Title
Founder/board Chair
Phone
4109256423
Signed
2022-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean F Murphy Sr
Formed
2017
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
7

Preparer

Firm
Hcfl
Address
1954 GREENSPRING DR STE 305, TIMONIUM, MD 21093
Preparer
Kalman Danziger CPA
Phone
4108284446
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“All board members of dream big foundation, inc. Provide their services without receiving compensation in any capacity.”

Form 990, Part IX, Line 24E

“Academic strategy 20,000 0 0 school supplies 16,809 0 0 high quality programming 16,438 0 0 incentives & rewards 11,113 0 0 educational materials 8,283 0 0 chance for life 7,500 0 0 lego scholars 7,250 0 0 bank charges 0 3,806 0 other program expenses 2,071 0 0 website development 416 0 0 total 89,880 3,806 0”

Raw XML AppendixShowing 400 of 421 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO STRENGTHEN THE PERFORMANCE OF COMMUNITY-BASED NONPROFITS AND EFFECTIVELY INTEGRATE THEM TO ACHIEVE LIFE CHANGING RESULTS FOR CHILDREN AND YOUTH LIVING IN UNDERSERVED BALTIMORE NEIGHBORHOODS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt019930
IRS990/AdvertisingGrp/TotalAmt019930
IRS990/AllOtherContributionsAmt0390835
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03806
IRS990/AllOtherExpensesGrp/ProgramServicesAmt089880
IRS990/AllOtherExpensesGrp/TotalAmt093686
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0LAURA SCHEELER
IRS990/BooksInCareOfDetail/PhoneNum04109256423
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01405 GATESHEAD ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0TOWSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021286
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0533443
IRS990/CashNonInterestBearingGrp/EOYAmt0459624
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0338083
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0338083
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0312
IRS990/ConferencesMeetingsGrp/TotalAmt0312
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0390835
IRS990/CYGrantsAndSimilarPaidAmt069788
IRS990/CYInvestmentIncomeAmt022858
IRS990/CYOtherExpensesAmt0307625
IRS990/CYOtherRevenueAmt02358
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-379600
IRS990/CYSalariesCompEmpBnftPaidAmt0418238
IRS990/CYTotalExpensesAmt0795651
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0416051
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0332
IRS990/DepreciationDepletionGrp/TotalAmt0332
IRS990/Desc0STRENGTHENED THE PERFORMANCE OF COMMUNITY-BASED NONPROFITS AND EFFECTIVELY INTEGRATED THEM TO ACHIEVE LIFE CHANGING RESULTS FOR CHILDREN AND YOUTH LIVING IN UNDERSERVED BALTIMORE NEIGHBORHOODS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0698022
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015472
IRS990/FeesForServicesAccountingGrp/TotalAmt015472
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01202
IRS990/FeesForServicesLegalGrp/TotalAmt01202
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt043591
IRS990/FeesForServicesOtherGrp/TotalAmt043591
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0SEAN F MURPHY SR
IRS990/Form990PartVIISectionAGrp/PersonNm1RICKY LEVINE
IRS990/Form990PartVIISectionAGrp/PersonNm2LAURA SCHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm3STEPHEN W SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm4DONALD SCHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUG AUSTIN
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHELLE BECOTE-JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm7VERONICA NOLAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7198500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDER/BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PARTNER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt069788
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt069788
IRS990/GrantsToDomesticOrgsGrp/TotalAmt069788
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0416051
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03796
IRS990/InsuranceGrp/TotalAmt03796
IRS990/InvestmentExpenseAmt0-23970
IRS990/InvestmentIncomeGrp/ExclusionAmt022858
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022858
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02175051
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02633145
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0997
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0997
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0665
IRS990/LandBldgEquipCostOrOtherBssAmt01662
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO STRENGTHEN THE PERFORMANCE OF COMMUNITY-BASED NONPROFITS AND EFFECTIVELY INTEGRATE THEM TO ACHIEVE LIFE CHANGING RESULTS FOR CHILDREN AND YOUTH LIVING IN UNDERSERVED BALTIMORE NEIGHBORHOODS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02695025
IRS990/NetAssetsOrFundBalancesEOYAmt02535725
IRS990/NetUnrlzdGainsLossesInvstAmt0245225
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02695025
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02535725
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt022857
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013276
IRS990/OfficeExpensesGrp/TotalAmt013276
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06888
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06888
IRS990/OtherExpensesGrp/Desc0ACADEMIC RECOVERY
IRS990/OtherExpensesGrp/Desc1BROADBAND ACCESS
IRS990/OtherExpensesGrp/Desc2COMMUNITY PARTNERSHIP
IRS990/OtherExpensesGrp/Desc3COMMUNITY SUPPORT
IRS990/OtherExpensesGrp/ProgramServicesAmt038141
IRS990/OtherExpensesGrp/ProgramServicesAmt130641
IRS990/OtherExpensesGrp/ProgramServicesAmt225000
IRS990/OtherExpensesGrp/ProgramServicesAmt322246
IRS990/OtherExpensesGrp/TotalAmt038141
IRS990/OtherExpensesGrp/TotalAmt130641
IRS990/OtherExpensesGrp/TotalAmt225000
IRS990/OtherExpensesGrp/TotalAmt322246
IRS990/OtherLiabilitiesGrp/BOYAmt014466
IRS990/OtherLiabilitiesGrp/EOYAmt0557709
IRS990/OtherRevenueMiscGrp/Desc0CREDIT CARD REWARDS
IRS990/OtherRevenueMiscGrp/ExclusionAmt02358
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02358
IRS990/OtherRevenueTotalAmt02358
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0320
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt037068
IRS990/OtherSalariesAndWagesGrp/TotalAmt037388
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032
IRS990/PayrollTaxesGrp/ProgramServicesAmt027004
IRS990/PayrollTaxesGrp/TotalAmt027036
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08843
IRS990/PensionPlanContributionsGrp/TotalAmt08843
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SEAN F MURPHY SR
IRS990/PriorPeriodAdjustmentsAmt0-955
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt041560
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0114786
IRS990/PYOtherExpensesAmt069869
IRS990/PYRevenuesLessExpensesAmt0-313206
IRS990/PYSalariesCompEmpBnftPaidAmt0170111
IRS990/PYTotalExpensesAmt0354766
IRS990/PYTotalRevenueAmt041560
IRS990/ReconcilationRevenueExpnssAmt0-379600
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0390835
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0804734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01592495
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01500000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04288064
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt022858
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt055909
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037961
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0256
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0116984
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02358
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02358
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0750156
IRS990ScheduleA/SubstantialContributorsTotAmt03537908
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0390835
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0804734
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01592495
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01500000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04288064
IRS990ScheduleA/TotalSupportAmt04407406
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0665
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0997
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01662
IRS990ScheduleD/ExpensesSubtotalAmt0795651
IRS990ScheduleD/InvestmentExpensesNotIncldAmt023970
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0245225
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0522674
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124830
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210205
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD ON BEHALF OF OTHERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CAPITAL ONE CREDIT CARD
IRS990ScheduleD/RevenueNotReportedAmt0245225
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt023970
IRS990ScheduleD/RevenueSubtotalAmt0392081
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0665
IRS990ScheduleD/TotalExpensesPerForm990Amt0795651
IRS990ScheduleD/TotalLiabilityAmt0557709
IRS990ScheduleD/TotalRevenuePerForm990Amt0416051
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0637306
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0795651
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt069788
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LEARNING PODS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CREATIVE KIDS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0701 CHERRY HILL ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd021225
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0178500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount020000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0VERONICA NOLAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PARTNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0198500
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL BOARD MEMBERS OF DREAM BIG FOUNDATION, INC. PROVIDE THEIR SERVICES WITHOUT RECEIVING COMPENSATION IN ANY CAPACITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LAURA SCHEELER DON SCHEELER TREASURER BOARD MEMBER SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHAIRMAN REVIEWS TAX RETURN AND MAKES COPIES AVAILABLE TO ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION ENGAGED SMITH PILOT (A WASHINGTON, DC BASED COMPANY) TO ASSIST IN DETERMINING REASONABLE AND COMPETITIVE PAY FOR ITS EXECUTIVE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACADEMIC STRATEGY 20,000 0 0 SCHOOL SUPPLIES 16,809 0 0 HIGH QUALITY PROGRAMMING 16,438 0 0 INCENTIVES & REWARDS 11,113 0 0 EDUCATIONAL MATERIALS 8,283 0 0 CHANCE FOR LIFE 7,500 0 0 LEGO SCHOLARS 7,250 0 0 BANK CHARGES 0 3,806 0 OTHER PROGRAM EXPENSES 2,071 0 0 WEBSITE DEVELOPMENT 416 0 0 TOTAL 89,880 3,806 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02709491
IRS990/TotalAssetsEOYAmt03093434
IRS990/TotalAssetsGrp/BOYAmt02709491
IRS990/TotalAssetsGrp/EOYAmt03093434
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0390835
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt097629
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0698022
IRS990/TotalFunctionalExpensesGrp/TotalAmt0795651
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014466
IRS990/TotalLiabilitiesEOYAmt0557709
IRS990/TotalLiabilitiesGrp/BOYAmt014466
IRS990/TotalLiabilitiesGrp/EOYAmt0557709
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02695025
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02535725
IRS990/TotalProgramServiceExpensesAmt0698022
IRS990/TotalReportableCompFromOrgAmt0198500
IRS990/TotalRevenueGrp/ExclusionAmt025216
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0416051
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02709491
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03093434
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01450 WILDERNESS RIDGE TRAIL
IRS990/USAddress/CityNm0CROWNSVILLE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021032
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.DREAMBIGBALTIMORE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SEAN F MURPHY SR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER/BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04109256423
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DREAM BIG FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0823026540

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,093,434
Liabilities
$557,709
Net assets
$2,535,725
Revenue
$416,051
Expenses
$795,651
Net income
-$379,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.10$1.82$1.31$1.61$0.30
2023Detailed filing. Detailed filing data is available for this year.$2.32$0.02$2.30$1.59$1.66$0.07
2022Detailed filing. Detailed filing data is available for this year.$3.12$0.86$2.26$1.41$1.38$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.09$0.56$2.54$0.42$0.80$0.38
2020Summary only. Only limited summary data is available for this year.$2.71$0.01$2.70$0.04$0.35$0.31
2019Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$0.80$0.51$0.29
2018Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$1.58$0.45$1.13
2017Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$1.50$0.00$1.50