Overview
What is Dream Big Inc?
Dream Big Inc, based in Needham, Massachusetts, is a nonprofit organization dedicated to empowering girls and young women from low-income backgrounds. Through various grants and scholarships, they offer sports equipment, uniforms, athletic footwear, sports attire, physical education equipment, program and college showcase scholarships, education scholarships, and training fees. Their mission is to provide these individuals with the necessary tools, including equipment, sports attire, fees, training, and mentoring opportunities, enabling them to participate in sports and physical activities that positively impact their health, education, and overall well-being. With around 4 employees, Dream Big Inc has served approximately 12,601 girls, young women, and elementary school children during the year ending June 30, 2022.
Official website here: www.dream-big.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%
Dream Big Inc has earned a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial practices. With a score of 90%, the organization excels particularly in its financial oversight, having a fully independent board and no material diversion of assets. The program expense ratio stands at an impressive 86.23%, indicating that the majority of its funds are directed towards its mission, which is to provide athletic opportunities for girls in underserved communities.
User feedback highlights the positive impact Dream Big has had on young female athletes, particularly those from low-income backgrounds. Many reviews praise the organization for supplying essential sports equipment, uniforms, and opportunities that enhance participation in athletics. Clients express gratitude for the support received, which not only helps improve athletic performance but also fosters confidence and personal growth among the girls served.
While the organization holds a strong accountability score, some reviews suggest that resource availability may vary. However, the overwhelming consensus is that Dream Big significantly contributes to empowering young women through sports, creating opportunities that might not otherwise exist, and fostering healthy lifestyles and community engagement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Dream Big Inc legitimate?
Dream Big Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dream Big 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: $196,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,912
For more financial information, click here
Official website here: www.dream-big.org
What is the mission statement of Dream Big Inc?
Dream Big Inc's mission is to support girls and young women from low-income backgrounds by providing them with necessary equipment, sports attire, fees, training, and mentoring opportunities. This enables them to participate in sports and physical activities, contributing positively to their health, education, and overall well-being. During the year ending June 30, 2022, Dream Big Inc distributed approximately 12,601 grants and scholarships, providing sports equipment, uniforms, athletic footwear, physical education equipment, program and college showcase scholarships, education scholarships, and training fees to eligible individuals. The organization aims to empower these girls and young women through sports and physical activities.
Official website here: www.dream-big.org
Who is the CEO of Dream Big Inc?
Linda M Driscoll is the Director of Dream Big Inc. The CEO's salary of Dream Big Inc is $149,111 and their total compensation is $167,360.
Official website here: www.dream-big.org
What is the revenue of Dream Big Inc?
Dream Big Inc's revenue in 2022 was $772,429.
Official website here: www.dream-big.org
Who are the executives of Dream Big Inc and what are their salaries?
The average compensation at Dream Big Inc during 2022 was $54,464. There are 4 employees and 400 volunteers at Dream Big Inc.
Here are 7 key members and their salaries (Dream Big Inc's CEO's salary is $149,111 and their total compensation is $167,360):
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- Compensation: $149,111
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- Other: $18,249
Official website here: www.dream-big.org
Where can I find the form 990 for Dream Big Inc?
Dream Big Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dream-big.org
Learn more at the official website: www.dream-big.org
Mission Statement of Dream Big Inc
Dream Big Inc, a nonprofit organization, is committed to providing girls and young women from low-income backgrounds with the necessary equipment, sports attire, fees, training, and mentoring opportunities for them to participate in sports and physical activities. By doing so, the organization aims to contribute to their health, education, and overall well-being. During the year ending June 30, 2022, Dream Big! Equipment Grants and Program Scholarships provided approximately 12,601 girls, young women, and elementary school children from low-income situations with sports equipment, uniforms, athletic footwear, sports attire, physical education equipment, program and college showcase scholarships, education scholarships, and training fees. Through these initiatives, Dream Big Inc works to empower girls and young women in need, utilizing sports and physical activities as a means to enhance their lives.
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Impact
October, 2024
Dream Big Inc. significantly impacts the lives of girls and young women from low-income backgrounds by facilitating their participation in sports and physical activities. By providing essential resources such as sports equipment, uniforms, and training fees, the organization empowers approximately 12,601 individuals annually to engage in activities that enhance their physical health and education.
This initiative not only addresses immediate needs but also fosters long-term benefits for the participants. By promoting access to sports, Dream Big helps build self-esteem, teamwork, and leadership skills in young women, contributing to their overall well-being. The mentoring opportunities and scholarships offered further enhance educational and personal development, creating pathways for future success.
Through its dedicated efforts, Dream Big Inc. transforms lives, instilling a sense of confidence in young women that extends beyond the athletic field and into all aspects of their lives. The organization's commitment to supporting this vulnerable population highlights the vital role sports and physical activity play in shaping healthier, more empowered communities.
This information is meant to be a general summary of Dream Big 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.
- Gross Receipts: $802,614
Assets and Liabilities:
- Total Assets: $142,581
- Total Liabilities: $22,924
- Net Assets: $119,657
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Organization Details
Founding Year
2010
Phone
(857) 404-0124Principal Officer
Linda M Driscoll
Main Address
21 HIGHLAND CIRCLE 203, NEEDHAM, MA, 02494
Website
www.dream-big.orgNTEE Category
Code: N12 - Recreation
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