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I Have A Dream Foundation - Milwaukee Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260697330 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is I Have A Dream Foundation - Milwaukee Inc?

I Have A Dream Foundation - Milwaukee Inc is a nonprofit organization situated in Milwaukee, Wisconsin, specifically at 3025 W McKinley BLVD. Their mission is to empower children from historically marginalized communities, providing them with comprehensive support from elementary school through college. This encompasses academic, social, and emotional assistance, alongside post-secondary tuition assistance. The foundation aims to help these children succeed in their academic pursuits, ultimately leading them towards successful careers.


Official website here: www.milwaukee.ihdf.org/

Is I Have A Dream Foundation - Milwaukee Inc legitimate?

I Have A Dream Foundation - Milwaukee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. I Have A Dream Foundation - Milwaukee Inc 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: $6,000
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.milwaukee.ihdf.org/

What is the mission statement of I Have A Dream Foundation - Milwaukee Inc?

The I Have A Dream Foundation's mission, in this context, is to empower children from historically marginalized communities by providing them with comprehensive support. This support includes academic assistance, social and emotional guidance, and financial aid in the form of postsecondary tuition assistance. Their goal is to help these children succeed in their educational journey, from elementary school through college, and ultimately, in their careers. They aim to bridge the gap and level the playing field for these children, enabling them to reach their full potential.


Official website here: www.milwaukee.ihdf.org/

Who is the CEO of I Have A Dream Foundation - Milwaukee Inc?

Margaret Henningsen is the Board Chair of I Have A Dream Foundation - Milwaukee Inc.


Official website here: www.milwaukee.ihdf.org/

What is the revenue of I Have A Dream Foundation - Milwaukee Inc?

I Have A Dream Foundation - Milwaukee Inc's revenue in 2022 was $1,161,672.


Official website here: www.milwaukee.ihdf.org/

Who are the executives of I Have A Dream Foundation - Milwaukee Inc and what are their salaries?


Here are 6 key members and their salaries:


Margaret Henningsen (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Mandel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chytania Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kellner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kahina Cargile (Executive Director)
  • Compensation: $5,950
  • Related: $0
  • Other: $0


Official website here: www.milwaukee.ihdf.org/

Where can I find the form 990 for I Have A Dream Foundation - Milwaukee Inc?

I Have A Dream Foundation - Milwaukee Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.milwaukee.ihdf.org/

Learn more at the official website: www.milwaukee.ihdf.org/

Mission Statement of I Have A Dream Foundation - Milwaukee Inc

I Have A Dream Foundation - Milwaukee Inc is committed to empowering children from historically marginalized communities to succeed in their educational journey, from elementary school through college, and into their careers. The organization achieves this by providing comprehensive support, encompassing both academic and emotional aspects. This assistance extends beyond the classroom, helping these children navigate the complexities of their formative years.

Moreover, I Have A Dream Foundation - Milwaukee Inc offers postsecondary tuition assistance. This crucial aid ensures that the children they support have the financial means to pursue higher education, thereby increasing their chances of securing fulfilling careers. The foundation's mission is to equip these children with the necessary tools to break free from the cycle of disadvantage, enabling them to build promising futures for themselves and their communities.

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Impact




October, 2024

I Have A Dream Foundation - Milwaukee Inc significantly impacts the lives of its Dreamers by providing essential support as they transition from high school to college. With a focus on mentoring, workshops, webinars, and social services, the foundation equips 42 of the 45 graduates with the tools necessary for success in higher education.

The financial backing includes $10,000 scholarships for each Dreamer, helping to alleviate the burden of college costs. As a result, 42 out of 45 high school seniors are currently enrolled in 17 colleges across the nation, demonstrating a remarkable success rate. Additionally, the foundation continues to advocate for these individuals, ensuring they have the resources and guidance needed to thrive academically and personally. This comprehensive support system not only fosters educational advancement but also nurtures a sense of community and belonging among the Dreamers.




This information is meant to be a general summary of I Have A Dream Foundation - Milwaukee Inc. 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.

Revenue
$1,161,672 (2022)
Expenses
$47,615 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,161,672

Assets and Liabilities:

  • Total Assets: $1,114,305
  • Total Liabilities: $248
  • Net Assets: $1,114,057

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Organization Details

Founding Year

2007

Principal Officer

Margaret Henningsen

Main Address

3025 W MCKINLEY BLVD, MILWAUKEE, WI, 53208

NTEE Category

Code: B82 - Education

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