Overview
What is Dream?
Dream is a nonprofit organization situated at 11 Shelby Road, Sherwood, Arkansas 72120. Their primary focus is to offer childcare and academic assistance to families with limited financial means. By providing this service, they aim to support the overall development and education of children from low-income families. With a dedicated workforce of 28 individuals, Dream is committed to enriching the lives of these families through their mission. The organization's activities extend beyond mere childcare, ensuring that children receive the academic support they need to succeed.
Official website here: www.dreamarkansas.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. This rating indicates that while Dream has some strengths, there are significant areas needing improvement, particularly in governance and accountability practices.
The organization shows a commendable program expense ratio of 91.14%, suggesting that a substantial portion of its resources directly supports its programs. Furthermore, it has received full points for its auditing process and has no reported material diversion of assets, indicating sound financial management in these areas.
However, Dream faces notable challenges regarding board governance, as it has no independent board members and lacks essential policies such as those addressing conflicts of interest and whistleblower protections. Additionally, the absence of its tax form on its website may limit transparency. These governance shortfalls impact the overall accountability score, contributing to its lower rating.
This AI summary has been generated from information found on Charity Navigator.
Is Dream legitimate?
Dream is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dream submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $566,029
For more financial information, click here
Official website here: www.dreamarkansas.com
What is the mission statement of Dream?
The organization Dream, with a focus on supporting low-income families, is committed to providing child care and academic assistance. Their mission is to offer childcare services, as well as academic and aftercare assistance, aiming to make education more accessible and supportive for these families. Through their provisions, they aim to contribute positively to the educational journey of children from disadvantaged backgrounds.
Official website here: www.dreamarkansas.com
Who is the CEO of Dream?
Javonne Abernathy is the Program Director of Dream.
Official website here: www.dreamarkansas.com
What is the revenue of Dream?
Dream's revenue in 2022 was $1,409,834.
Official website here: www.dreamarkansas.com
Who are the executives of Dream and what are their salaries?
The average compensation at Dream during 2022 was $20,215. There are 28 employees and 2 volunteers at Dream.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dreamarkansas.com
Where can I find the form 990 for Dream?
Dream's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dreamarkansas.com
Learn more at the official website: www.dreamarkansas.com
Mission Statement of Dream
Dream, a nonprofit organization, is committed to providing child care and academic assistance to families who are financially disadvantaged. The organization's mission is to offer more than just childcare services; it aims to support these families in their educational pursuits as well. Through its dedicated efforts, Dream provides a range of services, including academic assistance and aftercare, ensuring that low-income families have the resources they need to support their children's educational growth.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Dream significantly impacts the community by delivering essential child care and academic assistance to low-income families in Sherwood, Arkansas. By offering these vital services, Dream enables children to access a supportive environment that fosters their educational and personal growth. The organization’s commitment to providing childcare and aftercare services helps parents pursue work or education without the added stress of inadequate child supervision.
Moreover, Dream's focus on academic support fortifies children's learning experiences, equipping them with the necessary skills and knowledge to thrive in school. This holistic approach not only nurtures the individual development of children but also contributes to the overall well-being of families, empowering them to break cycles of poverty and achieve greater stability. The integration of human services within the community fosters a sense of collective responsibility and support, creating a more equitable environment for all families.
This information is meant to be a general summary of Dream. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $65,171
- Gross Receipts: $1,409,834
Assets and Liabilities:
- Total Assets: $823,693
- Total Liabilities: $384,170
- Net Assets: $439,523
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE FEES
Revenue
$65,171
Organization Details
Founding Year
2007
Principal Officer
Javonne Abernathy
Main Address
11 SHELBY ROAD, SHERWOOD, AR, 72120
Website
www.dreamarkansas.comNTEE Category
Code: P33 - Human services
If you are a representative of Dream and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.