Overview
What is Dreams Academy?
Dreams Academy, established in 2016, is a 501C3 nonprofit organization based in Akron, Ohio. The primary objective of Dreams Academy is to address the issue of absent fathers in African American households, which was reported to be 61.3% in 2016. Recognizing the lack of access to activities and lessons essential for the holistic development of young African American men, Dreams Academy was founded to bridge this gap. Their work encompasses leadership development sessions and music instruction, aimed at fostering personal growth and well-being among the young men they serve. With a team of six dedicated individuals, Dreams Academy continues its mission to support the development of African American youth.
Official website here: www.dreamsacademyakron.org/
What do the Facebook reviews say about Dreams Academy?
96% of 11 reviewers on Facebook recommend Dreams Academy. Here is a summary of their reviews:
Many supporters express strong approval for the nonprofit's mission, particularly highlighting its positive impact on young black males. The enthusiasm is evident, with sentiments like looking forward to the academy's future developments and appreciation for the work being done.
Reviewers underline the importance of initiatives aimed at uplifting youth, suggesting that Dreams Academy is making significant strides in fostering a positive environment. Overall, the community shows a high level of support and optimism for the organization's vision and goals.
This AI summary has been generated from reviews found on Facebook.
Is Dreams Academy legitimate?
Dreams Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreams Academy 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: $55,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dreamsacademyakron.org/
What is the mission statement of Dreams Academy?
Dreams Academy, established in 2016, is a 501C3 organization with a mission to address the void caused by the high number of absent fathers in African American homes, which was reported as 61.3% in 2016. Recognizing the lack of access to activities and lessons essential for the full and healthy development of African-American young men, Dreams Academy aims to provide support in this area. The organization's mission is to assist in filling this gap, contributing to the overall well-being and growth of these young men.
Official website here: www.dreamsacademyakron.org/
Who is the CEO of Dreams Academy?
Brandon Scarborough is the Executive Director of Dreams Academy.
Official website here: www.dreamsacademyakron.org/
What is the revenue of Dreams Academy?
Dreams Academy's revenue in 2022 was $182,759.
Official website here: www.dreamsacademyakron.org/
Who are the executives of Dreams Academy and what are their salaries?
The average compensation at Dreams Academy during 2022 was $9,179. There are 6 employees at Dreams Academy.
Here are 6 key members and their salaries:
- Compensation: $55,075
- 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.dreamsacademyakron.org/
Where can I find the form 990 for Dreams Academy?
Dreams Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dreamsacademyakron.org/
Learn more at the official website: www.dreamsacademyakron.org/
Mission Statement of Dreams Academy
Dreams Academy, a 501C3 organization established in 2016, aims to address a significant issue in African-American communities: the high number of absent fathers and the lack of accessible activities and lessons essential for the holistic development of young men. Recognizing the impact of this situation, Dreams Academy seeks to bridge this gap. The organization's mission is to provide the necessary support, helping to fill the void left by absent fathers and empowering these young men to reach their full potential.
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
Dreams Academy plays a transformative role in the lives of young African American men in Akron, OH, addressing the significant challenges posed by the absence of fathers in their homes. With 61.3% of African American children experiencing father absence as of 2016, the organization steps in to fill this critical gap. By providing leadership development sessions and music instruction, Dreams Academy fosters essential skills that contribute to the personal and social growth of participants.
The impact is multifaceted: young men engaged in the program gain confidence and leadership qualities, while also developing artistic skills through music. This holistic approach not only nurtures talent but also promotes a sense of community and belonging. By equipping these young men with tools for success, Dreams Academy actively contributes to breaking cycles of disadvantage and empowering the next generation. Overall, the organization's efforts lead to healthier development and a brighter future for participants and their families.
This information is meant to be a general summary of Dreams Academy. 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: $50,252
- Gross Receipts: $182,759
Assets and Liabilities:
- Total Assets: $72,153
- Total Liabilities: $39,900
- Net Assets: $32,253
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$47,752
MUSICAL INSTRUCTION
Revenue
$2,500
Organization Details
Phone
(330) 957-2474Principal Officer
Brandon Scarborough
Main Address
730 NOME AVE, AKRON, OH, 44320
Website
www.dreamsacademyakron.org/NTEE Category
Code: B60 - Education
If you are a representative of Dreams Academy 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.