Overview
What is An Achievable Dream Inc?
An Achievable Dream Inc, situated in Newport News, Virginia, is a dedicated nonprofit organization. Its primary objective is to support underserved children, providing them with a strong academic and personal foundation for future success. During the 2021/2022 school year, approximately 615 students in grades K-5 benefited from their programs. This organization, with a mission to develop independent and productive citizens, employs a holistic approach to education, integrating social, academic, and moral lessons. Their workforce comprises 70 dedicated individuals who are committed to shaping the lives of these young learners.
Official website here: www.achievabledream.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
An Achievable Dream Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and financial management. The organization's high score reflects a well-structured governance model with 92% independent board members and comprehensive financial oversight, including meticulous documentation of board meetings and policies addressing conflicts of interest and whistleblowing.
The nonprofit demonstrates commendable program efficiency, with a program expense ratio of 70.44%, signifying that a significant portion of its expenses is directed towards its mission. This efficiency is bolstered by a clean record with no material diversions of assets, further enhancing its credibility as a trustworthy organization within the nonprofit sector.
However, there are some limitations noted in the financial metrics, particularly the liabilities to assets ratio of 62.19%. While this is not necessarily a red flag, it warrants attention as it suggests the organization carries a considerable level of liabilities. Overall, An Achievable Dream Inc shows promise but could benefit from addressing its financial leverage to strengthen its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is An Achievable Dream Inc legitimate?
An Achievable Dream Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. An Achievable Dream 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: $363,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,918
For more financial information, click here
Official website here: www.achievabledream.org
What is the mission statement of An Achievable Dream Inc?
An Achievable Dream Inc's mission is centered around fostering independent and productive citizens. They achieve this goal through a comprehensive education approach that combines social, academic, and moral instruction. The organization's primary objective is to assist underserved children by providing a strong academic and personal foundation, setting them up for future success. During the 2021/2022 school year, approximately 615 students in grades K-5 benefited from this educational program.
Official website here: www.achievabledream.org
Who is the CEO of An Achievable Dream Inc?
Amanda Rose is the President/Ceo of An Achievable Dream Inc. The CEO's salary of An Achievable Dream Inc is $152,269 and their total compensation is $158,499.
Official website here: www.achievabledream.org
What is the revenue of An Achievable Dream Inc?
An Achievable Dream Inc's revenue in 2022 was $1,992,825.
Official website here: www.achievabledream.org
Who are the executives of An Achievable Dream Inc and what are their salaries?
The average compensation at An Achievable Dream Inc during 2022 was $8,592. There are 70 employees and 13 volunteers at An Achievable Dream Inc.
Here are 16 key members and their salaries (An Achievable Dream Inc's CEO's salary is $152,269 and their total compensation is $158,499):
- Compensation: $152,269
- Related: $0
- Other: $6,230
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- Compensation: $96,605
- Related: $0
- Other: $2,658
- Compensation: $65,819
- Related: $0
- Other: $2,759
Official website here: www.achievabledream.org
Where can I find the form 990 for An Achievable Dream Inc?
An Achievable Dream 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 An Achievable Dream Inc
An Achievable Dream Inc is committed to fostering independent and productive citizens. They accomplish this objective through a comprehensive approach that encompasses social, academic, and moral education. The nonprofit's mission is to provide a solid foundation for underserved children, setting them up for success in their future endeavors. During the 2021/2022 school year, approximately 615 students in grades K-5 benefited from this educational program.
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Impact
July, 2024
An Achievable Dream Inc helps underserved children in Newport News, VA develop into independent, productive citizens through a comprehensive education program. Approximately 615 students in grades K-5 were served during the 2021/2022 school year. This organization's impact is evident in the transformation of students who receive a solid academic and personal foundation for success, ultimately contributing positively to their communities and society at large.
This information is meant to be a general summary of An Achievable Dream 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: $705
- Gross Receipts: $2,112,622
Assets and Liabilities:
- Total Assets: $6,436,288
- Total Liabilities: $3,387,551
- Net Assets: $3,048,737
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Organization Details
Founding Year
1992
Phone
(757) 599-9470Principal Officer
Amanda Rose
Main Address
10858 WARWICK BOULEVARD A, NEWPORT NEWS, VA, 23601
Website
www.achievabledream.orgNTEE Category
Code: P300 - Human services
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