The Dream Program Inc

Organization Overview

The Dream Program Inc is located in Winooski, VT. The organization was established in 2002. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 08/2021, Dream Program Inc employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Program 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 08/2021, Dream Program Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $2.0m during the year ending 08/2021. While expenses have increased by 15.1% 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

THE DREAM PROGRAM BUILDS COMMUNITIES OF FAMILIES AND COLLEGE STUDENTS THAT EMPOWER CHILDREN FROM AFFORDABLE HOUSING NEIGHBORHOODS TO RECOGNIZE THEIR OPTIONS, MAKE INFORMED DECISIONS, AND ACHIEVE THEIR DREAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOOL-YEAR PROGRAMS: THE DREAM PROGRAM PROVIDED "VILLAGE MENTORING" SERVICES TO OVER 300 YOUTH WHO LIVE IN AFFORDABLE HOUSING COMMUNITIES ACROSS VERMONT, BOSTON AND PHILADELPHIA. THIS INCLUDES A WEEKLY MENTORING PROGRAM BETWEEN COLLEGE STUDENT MENTORS AND YOUTH AGES 5 TO 18 AS WELL AS YEAR END TRIPS AND COMMUNITY EVENTS.


SUMMER PROGRAMS: THE DREAM PROGRAM PROVIDED SUMMER ENRICHMENT OPPORTUNITIES TO OVER 400 YOUTH WHO LIVE IN AFFORDABLE HOUSING COMMUNITIES IN VERMONT, BOSTON, AND PHILADELPHIA. THIS INCLUDED ON-SITE ACTIVITIES SUCH AS ARTS AND CRAFTS, GAMES, AND TUTORING AND SMALL TRIPS TO LOCAL EDUCATIONAL AND RECREATIONAL VENUES. THESE ACTIVITIES WERE LED BY A CADRE OF DREAM SUMMER INTERNS, AMERICORPS MEMBERS, AND PART-TIME STAFF MEMBERS.


CAMP DREAM: THE DREAM PROGRAM PROVIDED CAMP DREAM, A SUMMER RECREATIONAL CAMP EXPERIENCE TO OVER 100 YOUTH FROM VERMONT AND BOSTON. ACTIVITIES INCLUDED HIKING, SWIMMING, GARDENING, ENVIRONMENTAL EDUCATION AND OTHER HEALTH ACTIVITIES. THESE ACTIVITIES WERE PROVIDED BY DREAM AMERICORPS MEMBERS AS WELL AS STAFF AND VOLUNTEERS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Foote
CEO
$63,824
Andrew Lassiter
Director
$0
Sandy Mervak
Board Vice-Chair
$0
Rosemary Courtney
Secretary
$0
Neal Warren
Treasurer
$0
Ray Sorrentini
Board Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$1,400
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,262,123
All other contributions, gifts, grants, and similar amounts not included above$1,076,815
Noncash contributions included in lines 1a–1f $24,905
Total Revenue from Contributions, Gifts, Grants & Similar$2,340,338
Total Program Service Revenue$157,200
Investment income $4,398
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,623
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,506,559

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Dream Program Inc has recieved totaling $20,000.

Awarding OrganizationAmount
Williams Foundation

Severna Park, MD

PURPOSE: GENERAL PURPOSE

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$78,242
Earnings$20,932
Admin Expense$1,105
Other Expense$673
Ending Balance$97,396

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