nonprofit logo

Dreamer Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822813068 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Dreamer Academy Inc?

Dreamer Academy Inc is a charter school located in Sarasota, Florida, specifically at 1050 S Tuttle Ave. This institution is dedicated to educating English Language Learners, employing a dual language two-way immersion model in Spanish and English. The school's vision is to empower students to enter high school a grade level ahead and be well-prepared for global success. This is achieved through rich academic content delivered by a bilingual staff. The school's mission is to foster bilingual, biliterate, and cross-cultural leaders of character, providing an environment that encourages family engagement and celebrates American diversity. Dreamer Academy Inc implements data-driven best practices to achieve these goals. The school also engages in various community activities, such as partnerships with organizations like the Patterson Foundation and Crearte Latino, to provide free books and literacy resources, as well as art, music, and theater classes for students and their families. With a team of 33 dedicated individuals, Dreamer Academy Inc is committed to shaping the future of its students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 47% (Zero-Star out of Four Stars)

Dreamer Academy Inc currently holds a low rating of 47% on Charity Navigator, which results in a Zero-Star designation. This score reflects significant concerns regarding the organization's Accountability & Finance. While the nonprofit has demonstrated strengths such as a fully independent board, no material diversion of assets, and strong audit oversight, it has failed to meet several key operational standards.

Key areas of weakness include missing essential policies like conflict of interest, whistleblower, and document retention, which are critical for transparency and governance. Additionally, the organization has a concerning liabilities-to-assets ratio of 107.38%, indicating potential financial instability. Program expenses also fall short, with only 53.70% of funds allocated to direct programming, raising questions about the effectiveness of its operations.

Overall, while Dreamer Academy Inc shows strengths in board independence and oversight, the missing policies and financial concerns highlight significant areas needing improvement. Stakeholders may want to consider these factors when assessing the organization's reliability and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Dreamer Academy Inc legitimate?

Dreamer Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreamer Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,088,124

For more financial information, click here

What is the mission statement of Dreamer Academy Inc?

Dreamer Academy Inc's mission is to implement data-driven best practices, fostering the development of bilingual, biliterate, and cross-cultural leaders with strong character. This is achieved in a nurturing environment that encourages family engagement and celebrates American diversity. The academy serves its students in a dual language two-way immersion model, using Spanish and English. Its vision is to inspire scholars to advance to high school a grade level ahead, well-prepared for success on a global scale, with rich academic content delivered by a bilingual staff. The academy also offers additional learning opportunities through partnerships, providing access to free books and literacy resources, and offering art, music, and theater classes for students and their families.

Who is the CEO of Dreamer Academy Inc?

Thomas Caffee is the Principal Officer of Dreamer Academy Inc.

What is the revenue of Dreamer Academy Inc?

Dreamer Academy Inc's revenue in 2022 was $3,047,955.

Who are the executives of Dreamer Academy Inc and what are their salaries?

The average compensation at Dreamer Academy Inc during 2022 was $32,973. There are 33 employees and 11 volunteers at Dreamer Academy Inc.


Here are 5 key members and their salaries:


Thomas Chaffee (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vera Mcclaugherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Humberto Alvia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Weidner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dreamer Academy Inc?

Dreamer Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dreamer Academy Inc

Dreamer Academy Inc, a charter school, is dedicated to implementing data-driven best practices with the goal of developing bilingual, biliterate, and cross-cultural leaders of character. This is accomplished in an environment that encourages family engagement and celebrates American diversity. The school focuses on English Language Learners, offering a dual language, two-way immersion model in Spanish and English. The vision is to inspire scholars to enter high school a grade level ahead and well-prepared for success on a global scale, with rich academic content served by a bilingual staff.

In addition to academic excellence, Dreamer Academy Inc also provides enriching experiences for its students and their families. Through partnerships with organizations like Crearte Latino and the Patterson Foundation, Dreamer Academy Inc hosts events such as DreamArte Remake Learning Days. These events offer free access to books and literacy resources, as well as art, music, and theater classes. The school's commitment to family engagement and cultural celebration is evident in these offerings, which aim to enhance the learning experience and foster a love of learning in its scholars.

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




July, 2024

Dreamer Academy Inc's impact is profound in Sarasota, Florida. The organization focuses on implementing data-driven best practices to develop bilingual, biliterate, and cross-cultural leaders of character in a caring environment that encourages family engagement and celebrates American diversity. Specifically, Dreamer Academy is a charter school that focuses on English language learners, providing a dual language two-way immersion model in Spanish and English.

By inspiring scholars to enter high school a grade level ahead and preparing them for success on a global scale with rich academic content served by a bilingual staff, Dreamer Academy is making a significant difference in the community. Additionally, through initiatives like DreamArte Remake Learning Days with the Patterson Foundation and partnerships with CreArte Latino, Dreamer Academy offers access to free books and literacy resources, as well as art, music, and theater classes for students and their families. The impact of these efforts resonates deeply in empowering and supporting youth development in the community.




This information is meant to be a general summary of Dreamer Academy 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.

Revenue
$3,047,955 (2022)
Expenses
$3,724,593 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,322
  • Gross Receipts: $3,051,675

Assets and Liabilities:

  • Total Assets: $21,129,647
  • Total Liabilities: $21,882,028
  • Net Assets: -$752,381

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2017

Principal Officer

Thomas Caffee

Main Address

1050 S TUTTLE AVE, SARASOTA, FL, 34237

NTEE Category

Code: O50 - Youth development

If you are a representative of Dreamer Academy Inc 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.