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Dreaming Out Loud Foundation

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

EIN: 261286043 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Dreaming Out Loud Foundation?

The Dreaming Out Loud Foundation, established in Washington D.C., is a dedicated nonprofit organization with a mission to create economic opportunities within the local community through an equitable and healthy food system. By collaborating with City Blossoms, Loop Closing, Kelly Miller Middle School, DPR, and DC Central Kitchen, the foundation operates a farm at Kelly Miller that serves as a hub for community engagement. This intergenerational space offers various programs and opportunities, such as youth education, volunteer chances for teens and adults, and community events, like drum circles and composting classes. The foundation's holistic approach aims to foster a nurturing environment for all ages, promoting the well-being of its community members. With a staff of 29 individuals, the Dreaming Out Loud Foundation is committed to enriching lives through sustainable food systems.


Official website here: www.dreamingoutloud.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating

The Dreaming Out Loud Foundation has achieved an impressive 92% rating, reflecting its strong commitment to accountability and finance. This rating is entirely based on its financial health, particularly highlighting its effective governance structure, with a fully independent board comprised of six members. The foundation has demonstrated robust financial oversight, with no material diversion of assets reported and full compliance with transparency requirements.

Strengths include a high program expense ratio of 84.46%, indicating that the majority of its expenditures are directed toward its programs rather than administrative costs. Additionally, the foundation boasts excellent fundraising efficiency, with only $0.03 spent to raise each dollar. These metrics showcase a well-managed organization that prioritizes its mission and effectively utilizes donor contributions.

However, the organization does face some limitations, particularly in its lack of certain policies, such as conflict of interest and whistleblower policies, which received a score of zero due to their absence. While these issues may not directly impact financial stability, they suggest areas for improvement in governance practices. Overall, the foundation stands out as a financially sound and accountable nonprofit, although implementing additional policies could further strengthen its organizational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Dreaming Out Loud Foundation legitimate?

Dreaming Out Loud Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreaming Out Loud Foundation 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: $130,000
Professional Fundraising Fees: $48,715
Other Salaries and Wages: $944,854

For more financial information, click here


Official website here: www.dreamingoutloud.org

What is the mission statement of Dreaming Out Loud Foundation?

The Dreaming Out Loud Foundation's mission is centered around creating economic opportunities for community members in the DC metropolitan area, primarily through the establishment of a healthy and equitable food system. This mission is achieved through various initiatives, including partnerships with local organizations for holistic programming, youth education and engagement, volunteer opportunities for all ages, and community events that foster connection and learning. The farm at Kelly Miller, a key component of their work, serves as a hub for intergenerational activities, offering field trips, volunteer opportunities, and events such as drum circles and herbal apothecaries, promoting sustainability and community engagement.


Official website here: www.dreamingoutloud.org

Who is the CEO of Dreaming Out Loud Foundation?

Christopher Bradshaw is the President of Dreaming Out Loud Foundation.


Official website here: www.dreamingoutloud.org

What is the revenue of Dreaming Out Loud Foundation?

Dreaming Out Loud Foundation's revenue in 2022 was $2,079,781.


Official website here: www.dreamingoutloud.org

Who are the executives of Dreaming Out Loud Foundation and what are their salaries?

The average compensation at Dreaming Out Loud Foundation during 2022 was $37,064. There are 29 employees and 426 volunteers at Dreaming Out Loud Foundation.


Here are 8 key members and their salaries:


Christopher Bradshaw (President)
  • Compensation: $130,000
  • Related: $0
  • Other: $0
Johnny Seikaly (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jovita Wells (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Maluwetig (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene King-Berry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Sutler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnette Meyers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Price (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dreamingoutloud.org

Where can I find the form 990 for Dreaming Out Loud Foundation?

Dreaming Out Loud Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dreamingoutloud.org

Learn more at the official website: www.dreamingoutloud.org

Mission Statement of Dreaming Out Loud Foundation

Dreaming Out Loud Foundation, a notable nonprofit organization, is committed to bringing economic opportunities to the DC metro community by fostering a healthy and equitable food system. Through their mission, they aim to establish a robust network that empowers local community members. The foundation achieves this goal by partnering with various organizations and institutions, such as City Blossoms, Loop Closing, Kelly Miller Middle School, DPR, and DC Central Kitchen. This collaborative approach allows Dreaming Out Loud Foundation to offer a wide range of programming for individuals of all ages, creating an intergenerational space where learning and community engagement are encouraged.

At the heart of their initiatives is the Farm at Kelly Miller. This community-focused project provides a platform for youth programming, educational field trips, volunteer opportunities, and engaging events. The Farm serves as a hub for community building, hosting activities like the monthly Drum Circle, Herbal Mutual Aid Apothecary, and weekly composting classes. By cultivating these relationships and experiences, Dreaming Out Loud Foundation is able to contribute to the economic growth and well-being of the DC metro community, promoting a healthier and more equitable food system.

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Impact




October, 2024

Dreaming Out Loud Foundation has made significant strides in creating economic opportunities for members of the DC Metro community through a healthy and equitable food system. The farm at Kelly Miller serves as a vibrant hub for community engagement, fostering connections among individuals of all ages. Through partnerships with organizations like City Blossoms and DC Central Kitchen, it offers a range of holistic programming that includes youth development initiatives and intergenerational activities.

The farm provides enriching opportunities for youth, including educational field trips and hands-on programming for children and teenagers aged 0-18, promoting a deep understanding of food systems and sustainability. Additionally, the farm opens its doors to volunteers, offering meaningful involvement for teens and adults, which strengthens community bonds.

Events such as the monthly Drum Circle, Herbal Mutual Aid Apothecary, and weekly composting classes illustrate the farm’s commitment to cultivating community wellness and environmental stewardship. Overall, Dreaming Out Loud Foundation has established a nurturing environment that empowers individuals, promotes healthy living, and fosters economic growth within the community.




This information is meant to be a general summary of Dreaming Out Loud Foundation. 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
$2,079,781 (2022)
Expenses
$2,294,834 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $323,745
  • Gross Receipts: $2,079,781

Assets and Liabilities:

  • Total Assets: $1,488,427
  • Total Liabilities: $9,977
  • Net Assets: $1,478,450

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WHOLESALE

Revenue

$183,387

RETAIL

Revenue

$137,869

CSA REVENUE

Revenue

$2,489

Organization Details

Founding Year

2008

Principal Officer

Christopher Bradshaw

Main Address

80 M STREET SE, WASHINGTON, DC, 20003

NTEE Category

Code: O50 - Youth development

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