Overview
What is Dream Alive Inc?
Dream Alive Inc, based in Indianapolis, Indiana, is a nonprofit organization dedicated to empowering vulnerable youth and breaking the cycle of poverty. They achieve this goal through a comprehensive after-school program that spans six consecutive years, from 7th to 12th grade. This program offers intensive, daily guidance, resulting in 250 hours of mentoring, career development, and character building for each student annually. Dream Alive Inc provides 1 to 4 hours of daily programming, five days a week, throughout the entire school year. Their mission is to equip these youth with the necessary skills and support to overcome poverty and forge successful career paths. The organization employs a team of 11 individuals.
Official website here: www.dreamaliveinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Dream Alive Inc has received a favorable rating of 86%, indicating a solid performance in both accountability and community engagement. The organization boasts a high program expense ratio of 85.36%, which shows that a significant portion of its funds is directed toward its mission-driven programs. Furthermore, with 100% of its board members being independent, the organization demonstrates a commitment to transparency and governance.
While the strengths in feedback collection and utilization are notable, the organization does face some limitations. Key governance policies, including a conflict of interest policy and whistleblower policy, are currently missing, which may raise concerns about oversight and ethical accountability. However, the organization scored well in financial oversight, as evidenced by its perfect score in the audit and oversight committee evaluation.
Dream Alive Inc also shows a strong commitment to equity, achieving high scores in equity strategies and policies. Its liabilities to assets ratio is low at 5.17%, indicating good financial health. Overall, while there are areas for improvement, particularly in governance policies, the organization appears to be effective in fulfilling its mission and engaging with the community.
This AI summary has been generated from information found on Charity Navigator.
Is Dream Alive Inc legitimate?
Dream Alive Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dream Alive 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: $87,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $344,548
For more financial information, click here
Official website here: www.dreamaliveinc.org
What is the mission statement of Dream Alive Inc?
Dream Alive Inc's mission is centered around assisting vulnerable youth, aiming to break the cycle of poverty. They accomplish this by offering mentoring and career development programs for a continuous period of six years, starting from the 7th grade through to the 12th. The organization's primary goal is to guide these youth, providing them with the necessary tools and support to navigate their career paths. Through an afterschool program, Dream Alive Inc offers daily programming for students in grades 7 through 12, for five days a week throughout the entire school year. This program results in 250 hours of mentoring, career development, and character development for each student annually. The organization's intent is to substantially impact the lives of these youth, helping them to develop both personally and professionally.
Official website here: www.dreamaliveinc.org
Who is the CEO of Dream Alive Inc?
Eric Muller is the Treasurer of Dream Alive Inc.
Official website here: www.dreamaliveinc.org
What is the revenue of Dream Alive Inc?
Dream Alive Inc's revenue in 2022 was $532,230.
Official website here: www.dreamaliveinc.org
Who are the executives of Dream Alive Inc and what are their salaries?
The average compensation at Dream Alive Inc during 2022 was $39,322. There are 11 employees and 286 volunteers at Dream Alive Inc.
Here are 9 key members and their salaries:
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- Compensation: $87,999
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Official website here: www.dreamaliveinc.org
Where can I find the form 990 for Dream Alive Inc?
Dream Alive Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dreamaliveinc.org
Learn more at the official website: www.dreamaliveinc.org
Mission Statement of Dream Alive Inc
Dream Alive Inc, a nonprofit organization, is dedicated to assisting vulnerable youth in breaking the cycle of poverty. They accomplish this mission by providing mentoring and career development programs for six consecutive years, starting from the 7th grade and continuing through the 12th. The organization's approach involves intensive, daily programming that results in 250 hours of mentoring, career development, and character development for each student annually. Dream Alive Inc offers after-school sessions, engaging youth in 1-4 hours of daily programming, five days a week, throughout the entire school year. The organization's mission is to equip these young individuals with the necessary skills and support to chart a path toward a prosperous future, ultimately empowering them to rise above the challenges of poverty.
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Impact
July, 2024
Dream Alive Inc's impact can be seen in its dedicated efforts to help vulnerable youth break the cycle of poverty. Through their afterschool program, they mentor young people towards promising career paths over the course of six years, from 7th through 12th grade. By providing 250 hours of mentoring, career development, and character-building programming per student per year, Dream Alive Inc is making a significant difference in the lives of these youth. Their commitment to offering 1-4 hours of daily programming five days a week throughout the entire school year shows their dedication to supporting the holistic development of these young individuals. In Indianapolis, IN, Dream Alive Inc is actively working to empower the next generation and create opportunities for a brighter future.
This information is meant to be a general summary of Dream Alive 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: $2,333
- Gross Receipts: $543,973
Assets and Liabilities:
- Total Assets: $774,041
- Total Liabilities: $40,079
- Net Assets: $733,962
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Organization Details
Founding Year
2001
Phone
(317) 656-9982Principal Officer
Eric Muller
Main Address
7828 E 88TH STREET, INDIANAPOLIS, IN, 46256
Website
www.dreamaliveinc.orgNTEE Category
Code: O50 - Youth development
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