I Have A Dream Foundation - New Jersey Inc

Organization Overview

I Have A Dream Foundation - New Jersey Inc is located in Kearny, NJ. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2021, I Have A Dream Foundation - New Jersey Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Have A Dream Foundation - New Jersey Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, I Have A Dream Foundation - New Jersey Inc generated $649.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $492.4k during the year ending 06/2021. While expenses have increased by 26.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO MOTIVATE AND EMPOWER CHILDREN TO REACH THEIR EDUCATIONAL AND CAREER GOALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DREAMERS COLLEGE PROGRAMTHE COLLEGE PATH PROJECT: A PROGRESSIVE FOUR-YEAR PLAN THAT PROVIDES OUR DREAMERS WITH A ROAD-MAP TO SUCCESSFULLY COMPLETE HIGH SCHOOL AND TO MAKE WELL INFORMED DECISIONS, WHILE GAINING ACESS TO COLLEGE AND/OR AN ACCREDITED TRADE SCHOOL. 2021 SAW THE FIRST 'DREAMERS' CLASS GRADUATE.THE NEWARK PROGRAM CATERS TO THE INDIDVIDUAL NEEDS OF EACH STUDENT, PROVIDES ACADEMIC AND COLLEGE READINESS SUPPORT, PROVIDES MENTAL HEALTH SUPPORT(VIA LICENSED SOCIAL WORKER), TUTORING SERVICES PROVIDED BY MENTORS, LEARNING SPECIALISTS AND LOCAL UNIVERSITY AND COMMUNITY COLLEGE PARTNERS, MENTORING FINANCIAL LITERACY AND ADDITIONAL SUPPORT PROVIDED BY THE KAPPA LEAGUE OF NJ.


IHDF-NJ IS CURRENTLY IN THE FIRST PHASE OF WHAT IS PLANNED AS A COMPREHENSIVE PARTNERSHIP WITH THE 13TH AVE/DR. MLK JR. SCHOOL IN THE WEST WARD OF NEWARK. WORKING ALONGSIDE AND IN SUPPORT OF THE SCHOOL'S ADMINISTRATION AND CURRENT COMMUNITY PARTNERS, IHDFNJ'S GOAL IS TO IDENTIFY AND UNDERSTAND THE NEEDS OF 13TH AVE STUDENTS AND THEIR FAMILIES SO THAT WE MAY CONTRIBUTE LONG-TERM WRAP-AROUND SOCIAL AND ACADEMIC SUPPORT.


FOOD AND ESSENTIAL ITEM INITATIVEIN DIRECT RESPONSE TO THE COVID-19 PANDEMIC, IHDFNJ BEGAN FUNDRAISING AND MAKING WEEKLY DELIVERIES OF FOOD AND ESSENTIAL ITEMS TO ITS COMMUNITY FAMILIES. THIS GROUP, CONSISTED OF IHDFNJ'S DREAMERS AS WELL AS FAMILIES FROM THE THIRTEENTH AVENUE SCHOOL.


GREAT EXPECTATIONS PROGRAM


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Board, Officers & Key Employees

Name (title)Compensation
Yolanda Gadson
Executive Director
$84,249
Steven Lerner
Chair
$0
Eugene Thomas
Treasurer
$0
Doug Evans
Board Member
$0
Dr Diane Hill
Board Member
$0
Beth Bernstein
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $34,392
All other contributions, gifts, grants, and similar amounts not included above$611,684
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$646,076
Total Program Service Revenue$0
Investment income $3,556
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $649,632

Grants Recieved

Over the last fiscal year, we have identified 4 grants that I Have A Dream Foundation - New Jersey Inc has recieved totaling $194,593.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$116,000
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$48,593
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

$20,000
American Endowment Foundation

Hudson, OH

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
View Grant Recipient Profile

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