Overview
What is Dreamhouse Inc?
Dreamhouse Inc, a 501(c)(3) nonprofit organization, is headquartered in Honolulu, Hawaii. The primary objective of Dreamhouse Inc is to support the launch, growth, and development of Dreamhouse Ewa Beach Public Charter School. This mission is carried out through various activities, including providing essential resources and assistance to help the school thrive and succeed. Dreamhouse Inc serves as a vital partner in the education sector, contributing to the betterment of the community by supporting the expansion and progress of the public charter school.
Official website here: www.dreamhouseewabeach.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Dreamhouse Inc has received a two-star rating from Charity Navigator, indicating that while the organization shows some strengths, there are significant areas for improvement. The overall score of 66% reflects concerns primarily in financial transparency, as the organization has not provided financial statements, leading to a low score in that category. However, the nonprofit has an exemplary governance structure, with 100% independent board members and adherence to several key policies, including conflict of interest and whistleblower policies.
The financial health of the organization is somewhat concerning, highlighted by a liabilities to assets ratio of 80.69%, which suggests potential financial instability. Despite these challenges, Dreamhouse Inc excels in its program expense ratio, directing 95.60% of its expenses towards its programs. This is a positive indicator of the organization’s commitment to its mission, although the lack of detailed financial transparency raises questions about long-term sustainability.
Overall, Dreamhouse Inc demonstrates strong governance and dedicated program spending but needs to improve its financial reporting and transparency to enhance donor confidence and accountability. The organization’s performance in governance is commendable, yet addressing the financial concerns is crucial for its continued operation and growth.
This AI summary has been generated from information found on Charity Navigator.
Is Dreamhouse Inc legitimate?
Dreamhouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreamhouse 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dreamhouseewabeach.org
What is the mission statement of Dreamhouse Inc?
Dreamhouse Inc, as a 501(c)(3) non-profit organization, is committed to supporting the launch, growth, and development of Dreamhouse Ewa Beach Public Charter School. Their mission is to provide necessary resources and assistance to facilitate the school's success. By doing so, they aim to contribute positively to the educational sector and the broader community. The organization's activities primarily focus on backing the school's progress, ensuring its continued growth, and fostering its development.
Official website here: www.dreamhouseewabeach.org
Who is the CEO of Dreamhouse Inc?
Jacob Noh is the President of Dreamhouse Inc.
Official website here: www.dreamhouseewabeach.org
What is the revenue of Dreamhouse Inc?
Dreamhouse Inc's revenue in 2022 was $859,305.
Official website here: www.dreamhouseewabeach.org
Who are the executives of Dreamhouse Inc and what are their salaries?
There 6 volunteers at Dreamhouse Inc.
Here are 6 key members and their salaries:
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Official website here: www.dreamhouseewabeach.org
Where can I find the form 990 for Dreamhouse Inc?
Dreamhouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dreamhouseewabeach.org
Learn more at the official website: www.dreamhouseewabeach.org
Mission Statement of Dreamhouse Inc
Dreamhouse Inc, a 501(c)(3) non-profit organization, is established with the primary mission of supporting the launch, growth, and development of Dreamhouse Ewa Beach Public Charter School. This mission involves providing crucial assistance to ensure the school thrives and reaches its full potential. By doing so, Dreamhouse Inc contributes to the educational landscape, aiming to foster a conducive learning environment for students. The non-profit's activities are geared towards the betterment of the school, ultimately benefiting the future generations who will be shaped by its teachings.
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Impact
July, 2024
Dreamhouse Inc's impact lies in its unwavering dedication to supporting the launch, growth, and development of Dreamhouse Ewa Beach Public Charter School. By focusing on education through its 501(c)(3) nonprofit status, Dreamhouse Inc is making a significant difference in the lives of students in Honolulu, Hawaii. Through its mission, Dreamhouse Inc is actively contributing to the improvement of educational opportunities and outcomes for the community it serves.
This information is meant to be a general summary of Dreamhouse 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.
- Program Service Revenue: $603,485
- Gross Receipts: $859,305
Assets and Liabilities:
- Total Assets: $1,216,089
- Total Liabilities: $981,346
- Net Assets: $234,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$603,485
Organization Details
Founding Year
2014
Principal Officer
Jacob Noh
Main Address
PO BOX 1058, HONOLULU, HI, 96808
Website
www.dreamhouseewabeach.orgNTEE Category
Code: B11 - Education
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