Civic Intelligence

Dreams & Opportunities Corp

EIN 93-1820843 • 501(c)3 • Carmel, NY

Pub. 78 EligibleNTEE P99

Profile

Our mission is to empower the community through comprehensive support services that focuson education, food security, and health initiatives. Through collaboration and compassion, we strive to enhance the well-being of individuals and families, fostering a thriving.

10 Longfellow DrCarmel, NY 10512
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Source year 2024

Asset Growth

13th percentile

-74%

Faster asset growth than 13% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$261

Down $739 (-74%) from 2023

Liabilities

Down

$261

Down $3,739 (-93%) from 2023

Net Assets

Up

$0

Up $3,000 (+100%) from 2023

Revenue

Flat

$0

Flat from 2023

Expenses

Up

$2,750

Up $2,750 from 2023

Net Income

Down

-$2,750

Down $2,750 from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0K$2.0K$0-$2.0K-$4.0KAssets 2023: $1,000Liabilities 2023: $4,000Net Assets 2023: -$3,0002023Assets 2024: $261Liabilities 2024: $261Net Assets 2024: $02024

Highlighted filing

2024

Assets$261
Liabilities$261
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0K$2.0K$0-$2.0K-$4.0KRevenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $2,750Net Income 2024: -$2,7502024

Highlighted filing

2024

Revenue$0
Expenses$2,750
Net Income-$2,750

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

Our mission is to empower the community through comprehensive support services that focuson education, food security, and health initiatives. Through collaboration and compassion, we strive to enhance the well-being of individuals and families, fostering a thriving.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,000$261▼ $3,739
Total Assets$4,000$261▼ $3,739
Liabilities
Accounts Payable and Accrued Expenses$4,000$261▼ $3,739
Total Liabilities$4,000$261▼ $3,739
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$4,000$261▼ $3,739
Compensation and Service Providers

Board Members and Trustees

NameTitle
Arline J AriasDirector and President
Charles BreedDirector
Lesly Garcia BanchsDirector and Secretary
Luis T AriasDirector and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$2,750--$2,750
Total Functional Expenses$2,750$0$0$2,750
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arline Arias & Associates IncCarmel, NY---
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Statement of Family RelationshipReporting Individual: Arline J. AriasRelated Individual: Luis T. AriasRelationship: Mother and SonArline J. Arias is the mother of Luis T. Arias. This familial relationship has existed since the birth of Luis and continues to the present day. Both individuals are actively involved in their respective roles and responsibilities within the organization.This statement is provided to ensure full disclosure and transparency in accordance with the reporting requirements for the 990 tax-exempt form.

Form 990 governing body review Part VI line 11

REVIEW WILL BE CONDUCTED

Conflict of interest policy compliance Part VI line 12C

Dreams & Opportunities is committed to maintaining the highest standards of integrity and transparency in all our operations. All members of our Board of Directors, officers, and key employees are required to disclose any personal, professional, or financial interests that might conflict with their duties to the organization:Disclosure: Any individual with a potential conflict of interest must disclose the nature of the conflict to the Board of Directors promptly.Recusal: Individuals with a conflict of interest must recuse themselves from any discuss iscussions, decisions, or votes related to the matter.Documentation: All disclosed conflicts and the actions taken to address them are documented in the minutes of Board meetings.

CEO executive director top management comp Part VI line 15A

The compensation for our CEO and directors is determined through a transparent and independent process to ensure fairness and accountability. The steps are as follows:Independent Committee: An independent Compensation Committee, free from conflicts of interest, is formed to oversee the process.Market Research: The committee conducts market research and benchmarking to compare compensation levels with similar positions in comparable non-profits.Performance Evaluation: The CEO and directors performance is evaluated based on pre-established metrics and organizational goals.Proposal Development: The committee develops a compensation proposal based on research and performance evaluations.Independent Approval: The full Board of Directors reviews and approves the proposed compensatio

Other officer or key employee compensation Part VI line 15B

we ensure that the compensation for key employees and officers is determined through a transparent and independent process. The steps are as follows:Independent Committee: An independent Compensation Committee, free from conflicts of interest, is formed to oversee the process.Market Research: The committee conducts market research and benchmarking to compare compensation levels with similar positions in comparable non-profits.Performance Evaluation: The performance of key employees and officers is evaluated based on pre-established metrics and organizational goals.Proposal Development: The committee develops a compensation proposal based on research and performance evaluations.Independent Approval: The full Board of Directors, excluding those with conflicts of interest, reviews.

Governing documents etc available to public Part VI line 19

Our website is now available for public review. As a newly established non-profit organization, we are dedicated to ensuring transparency and accessibility to all our stakeholders and the general public.Please note that since our non-profit organization was created recently, our website is still under construction. We are actively working on adding more content and features to provide comprehensive information about our mission, programs, and initiatives. We appreciate your patience and understanding during this developmental phase.We encourage you to visit our website regularly for updates and new information. If you have any questions or need further assistance, please do not hesitate to contact us.

Filing and Contact Details

Filer

Filer Name
Dreams & Opportunities Corp
EIN
93-1820843
In Care Of
% ARLINE J ARIAS
Phone
8457630315
Address
10 LONGFELLOW DR, Carmel, NY 10512

Signing Officer

Name
Arline J Arias
Title
Director
Phone
9142567894
Signed
2025-07-28
Discuss with paid preparer
No

Organization Details

Principal Officer
Arline J Arias
Formed
2023
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Arline Arias & Associates Inc
Address
1751 US 6, Carmel, NY 10512
Preparer
Arline J Arias
Phone
6464567594
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Statement of Family RelationshipReporting Individual: Arline J. AriasRelated Individual: Luis T. AriasRelationship: Mother and SonArline J. Arias is the mother of Luis T. Arias. This familial relationship has existed since the birth of Luis and continues to the present day. Both individuals are actively involved in their respective roles and responsibilities within the organization.This statement is provided to ensure full disclosure and transparency in accordance with the reporting requirements for the 990 tax-exempt form.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEW WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Dreams & Opportunities is committed to maintaining the highest standards of integrity and transparency in all our operations. All members of our Board of Directors, officers, and key employees are required to disclose any personal, professional, or financial interests that might conflict with their duties to the organization:Disclosure: Any individual with a potential conflict of interest must disclose the nature of the conflict to the Board of Directors promptly.Recusal: Individuals with a conflict of interest must recuse themselves from any discuss iscussions, decisions, or votes related to the matter.Documentation: All disclosed conflicts and the actions taken to address them are documented in the minutes of Board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The compensation for our CEO and directors is determined through a transparent and independent process to ensure fairness and accountability. The steps are as follows:Independent Committee: An independent Compensation Committee, free from conflicts of interest, is formed to oversee the process.Market Research: The committee conducts market research and benchmarking to compare compensation levels with similar positions in comparable non-profits.Performance Evaluation: The CEO and directors performance is evaluated based on pre-established metrics and organizational goals.Proposal Development: The committee develops a compensation proposal based on research and performance evaluations.Independent Approval: The full Board of Directors reviews and approves the proposed compensatio
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4we ensure that the compensation for key employees and officers is determined through a transparent and independent process. The steps are as follows:Independent Committee: An independent Compensation Committee, free from conflicts of interest, is formed to oversee the process.Market Research: The committee conducts market research and benchmarking to compare compensation levels with similar positions in comparable non-profits.Performance Evaluation: The performance of key employees and officers is evaluated based on pre-established metrics and organizational goals.Proposal Development: The committee develops a compensation proposal based on research and performance evaluations.Independent Approval: The full Board of Directors, excluding those with conflicts of interest, reviews.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Our website is now available for public review. As a newly established non-profit organization, we are dedicated to ensuring transparency and accessibility to all our stakeholders and the general public.Please note that since our non-profit organization was created recently, our website is still under construction. We are actively working on adding more content and features to provide comprehensive information about our mission, programs, and initiatives. We appreciate your patience and understanding during this developmental phase.We encourage you to visit our website regularly for updates and new information. If you have any questions or need further assistance, please do not hesitate to contact us.
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