Overview
What is Achievable Dream Endowment Inc?
Achievable Dream Endowment Inc, located in Newport News, Virginia, is a nonprofit organization with a primary focus on supporting educational programs for students facing social challenges. Their main objective involves investing funds for the benefit of affiliated entities known as the "Achievable Dream Entities." These entities share common management and contribute to the organization's mission. The exact nature of the programs and services provided by Achievable Dream Entities is not specified in the provided information, but the endowment's purpose is to support initiatives that assist students dealing with social risk factors.
Official website here: www.achievabledream.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
Achievable Dream Endowment Inc holds a strong Four-Star rating from Charity Navigator, reflecting its exceptional accountability and financial health. The charity scored 100% in various governance indicators, including having a fully independent board and no material diversion of assets, which highlights its commitment to ethical management and transparency.
The organization has demonstrated a robust program expense ratio of 79.22%, indicating that the majority of its resources are allocated towards its programs rather than administrative costs. Additionally, its sound financial management is evidenced by a low liabilities-to-assets ratio of 3.03%, ensuring that it maintains a stable financial footing.
While the charity excels in governance and financial management, specific programmatic details or impact metrics are not detailed in the rating. This could be an area for improvement, as potential donors may seek more information on the effectiveness of its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Achievable Dream Endowment Inc legitimate?
Achievable Dream Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Achievable Dream Endowment 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: $0
Other Salaries and Wages: $359,452
For more financial information, click here
Official website here: www.achievabledream.org
What is the mission statement of Achievable Dream Endowment Inc?
Achievable Dream Endowment Inc's primary mission is centered around investing funds for the benefit of affiliated organizations, known as Achievable Dream Entities. These entities are exempt corporations that share common management. The organization's main objective is to support programs aimed at assisting students who face social risk factors. By doing so, it seeks to contribute positively to their well-being and future prospects. However, the information provided does not include details about the specific nature of these programs or the exact goals of the investment.
Official website here: www.achievabledream.org
Who is the CEO of Achievable Dream Endowment Inc?
Amanda Rose is the Secretary/Treasurer of Achievable Dream Endowment Inc. The CEO's salary of Achievable Dream Endowment Inc is $0 and their total compensation is $0.
Official website here: www.achievabledream.org
What is the revenue of Achievable Dream Endowment Inc?
Achievable Dream Endowment Inc's revenue in 2022 was $2,743,275.
Official website here: www.achievabledream.org
Who are the executives of Achievable Dream Endowment Inc and what are their salaries?
There 8 volunteers at Achievable Dream Endowment Inc.
Here are 10 key members and their salaries (Achievable Dream Endowment Inc's CEO's salary is $0 and their total compensation is $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
- 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.achievabledream.org
Where can I find the form 990 for Achievable Dream Endowment Inc?
Achievable Dream Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.achievabledream.org
Learn more at the official website: www.achievabledream.org
Mission Statement of Achievable Dream Endowment Inc
Achievable Dream Endowment Inc is an organization with a mission to invest funds primarily for the benefit of several exempt corporations related by common management, collectively known as the Achievable Dream Entities. This nonprofit's primary objective is to provide support for programs aimed at assisting students who face social risk factors. By investing in these entities, Achievable Dream Endowment Inc aims to contribute to initiatives that empower and support young individuals, ultimately promoting their well-being and success.
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
Achievable Dream Endowment Inc plays a crucial role in enhancing educational opportunities for students facing social risk factors. By strategically investing funds, it supports various Achievable Dream entities that are dedicated to uplifting these students. The organization's efforts help create an environment that fosters academic success and personal growth, ultimately breaking the cycle of disadvantage for many individuals in Newport News, VA. Through its financial investments, Achievable Dream Endowment Inc not only provides immediate assistance but also aims for long-term impact, ensuring that resources are available to support and sustain programs that empower students to achieve their fullest potential.
This information is meant to be a general summary of Achievable Dream Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$68,275
- Gross Receipts: $3,547,988
Assets and Liabilities:
- Total Assets: $27,316,592
- Total Liabilities: $1,223,263
- Net Assets: $26,093,329
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Phone
(757) 599-9472Principal Officer
Amanda Rose
Main Address
10858 Warwick Blvd A, Newport News, VA, 23601
Website
www.achievabledream.orgNTEE Category
Code: T30 - Philanthropy
If you are a representative of Achievable Dream Endowment Inc 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.