Overview
What is A Million Dreamz Inc?
A Million Dreamz Inc, established in Wisconsin in 2019, is a dedicated nonprofit organization with a mission to offer high-quality, affordable childcare services 24/7. They operate in a nurturing and inclusive environment, providing additional resources, referrals, advocacy, and other support services to foster the ongoing growth and well-being of families. With a team of five employees, they are committed to encouraging the development of healthy families, ensuring that children receive the best possible care. Volunteers have been actively preparing the center, aiming to welcome students in 2023.
Official website here: www.amilliondreamz.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 64%)
A Million Dreamz Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas where the organization needs to improve. While the organization scored well in aspects of leadership and adaptability, achieving a perfect score of 100, its accountability and finance score of 56 raises concerns about its financial health and operational transparency.
The organization boasts a fully independent board, demonstrating strong governance practices by scoring full points in areas such as board diversity and established policies. Additionally, it has shown resilience and adaptability during external challenges, such as the Covid-19 pandemic, and has identified strategic goals to improve its childcare services. However, the lack of program expenses indicates potential inefficiencies in resource allocation or a need for greater emphasis on its core mission.
Despite its strengths in governance and community culture, the low program expense ratio and liabilities to assets ratio signal financial challenges that the organization must address to enhance its overall effectiveness. Continuous efforts to improve financial accountability will be critical for A Million Dreamz Inc to increase its impact and better serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is A Million Dreamz Inc legitimate?
A Million Dreamz Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Million Dreamz 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: $60,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,221
For more financial information, click here
Official website here: www.amilliondreamz.org
What is the mission statement of A Million Dreamz Inc?
A Million Dreamz Inc, established as a nonprofit organization, is dedicated to providing quality and affordable childcare, available 24 hours a day and 7 days a week. This service is offered in a nurturing, all-inclusive environment that encourages the growth and development of healthy families. In addition to childcare, the organization offers resources, referrals, advocacy, and various other services to support families. These offerings aim to promote the ongoing well-being of families, fostering their continued development. Volunteers have been working towards preparing the center to welcome students in 2023.
Official website here: www.amilliondreamz.org
Who is the CEO of A Million Dreamz Inc?
Angel Berry is the President of A Million Dreamz Inc.
Official website here: www.amilliondreamz.org
What is the revenue of A Million Dreamz Inc?
A Million Dreamz Inc's revenue in 2022 was $681,077.
Official website here: www.amilliondreamz.org
Who are the executives of A Million Dreamz Inc and what are their salaries?
The average compensation at A Million Dreamz Inc during 2022 was $18,899. There are 5 employees and 69 volunteers at A Million Dreamz Inc.
Here are 9 key members and their salaries:
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- Compensation: $59,846
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Official website here: www.amilliondreamz.org
Where can I find the form 990 for A Million Dreamz Inc?
A Million Dreamz Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amilliondreamz.org
Learn more at the official website: www.amilliondreamz.org
Mission Statement of A Million Dreamz Inc
A Million Dreamz Inc, established under the laws of Wisconsin in 2019, is dedicated to providing quality, affordable childcare round the clock, seven days a week. This is done in a nurturing and inclusive environment that encourages the holistic development of families. Beyond childcare, the organization offers resources, referrals, advocacy, and other services to support the ongoing growth of healthy families. The mission of A Million Dreamz Inc is to create an all-inclusive sanctuary where children can thrive, while simultaneously offering assistance to families in their journey towards well-being and personal development. The organization's volunteers work tirelessly to prepare the center, aiming to welcome students in 2023.
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Impact
July, 2024
A Million Dreamz Inc's impact is felt through its dedicated efforts in providing quality, affordable childcare services 24 hours a day, 7 days a week. This organization in Sheboygan, WI, focuses on creating an all-inclusive and kind environment for families while offering resources, referrals, advocacy, and other support services to foster the development of healthy families. By working tirelessly to prepare their center for opening in 2023, A Million Dreamz Inc is making a tangible difference in the lives of those they serve, embodying their mission of supporting the well-being of families in the community. The organization's commitment to human services shines through in their impactful work.
This information is meant to be a general summary of A Million Dreamz 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: $233
- Gross Receipts: $681,077
Assets and Liabilities:
- Total Assets: $2,532,258
- Total Liabilities: $550,034
- Net Assets: $1,982,224
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Organization Details
Founding Year
2019
Phone
(920) 287-8879Principal Officer
Angel Berry
Main Address
415 EUCLID AVENUE, SHEBOYGAN, WI, 53081
Website
www.amilliondreamz.orgNTEE Category
Code: P40 - Human services
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