Operation Dream Inc
- Assets
- $701.8k
- Revenue
- $786.2k
- Investments
- $0.0
- Employees
- 12
- Location
- Milwaukee, WI
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-1455938
Organization Overview
Operation Dream Inc is located in Milwaukee, WI. The organization was established in 2008. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Operation Dream Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Dream 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 12/2021, Operation Dream Inc generated $786.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $480.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOLISTIC SUPPORT AND DEVELOPMENTAL OPPORTUNITIES FOR BOYS AND YOUNG MEN AGES 4 TO 19.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION DREAM - ACADEMIC YEAR PROGRAM (AYP): OPERATION DREAM PROVIDES A FULL DAY OF ACADEMIC, RECREATIONAL AND SOCIAL ENRICHMENT PROGRAMMING TO ALMOST 100 YOUNG MEN ON SATURDAYS. DREAM TO ACHIEVE - YOUNG MEN ARE REFERRED TO THIS PROGRAM HAVING BEEN IDENTIFIED AT OUR ACADEMIC YEAR PROGRAM. THIS PROGRAM SERVES YOUNG MEN BETWEEN FROM 1ST - 12TH GRADE. OPERATION WORK - YOUNG MEN TOOK PART IN ENTREPRENEURSHIP TRAINING THROUGH BIZSTARTS. THEY DEVELOPED A BUSINESS PLAN FOR OUR SOCIAL ENTERPRISE, DREAM SCREEN, LLC.OPERATION INDEPENDENCE - THIS PROGRAM HAS BEEN NEWLY ESTABLISHED AND FOCUSES ON ENSURING THAT WE CONTINUE TO PROVIDE MENTORING AND SUPPORT FOR THE ALUMNI WHO HAVE TRANSITIONED OUT OF OUR PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marco D Morrison Ms Ed Executive Dir. | Officer | 40 | $86,869 |
Richard Reed Secretary | OfficerTrustee | 1 | $0 |
Brandon Krause Treasurer | OfficerTrustee | 1 | $0 |
Giacomo Fallucca President | OfficerTrustee | 1 | $0 |
Scott Sampson Vice President | OfficerTrustee | 1 | $0 |
Adam E Witkov Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $83,445 |
| All other contributions, gifts, grants, and similar amounts not included above | $699,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $783,185 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $786,244 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,001 |
| Compensation of current officers, directors, key employees. | $13,899 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,331 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,790 |
| Payroll taxes | $20,117 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,934 |
| Advertising and promotion | $2,636 |
| Office expenses | $11,573 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,007 |
| Travel | $8,416 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,463 |
| Insurance | $10,500 |
| All other expenses | $0 |
| Total functional expenses | $480,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $483,933 |
| Savings and temporary cash investments | $100 |
| Pledges and grants receivable | $132,168 |
| Accounts receivable, net | $39,859 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,200 |
| Net Land, buildings, and equipment | $40,533 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $982 |
| Total assets | $701,775 |
| Accounts payable and accrued expenses | $22,695 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,695 |
| Net assets without donor restrictions | $474,789 |
| Net assets with donor restrictions | $204,291 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $701,775 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Operation Dream Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
William & Sandy Heitz Family Found Mequon, WI PURPOSE: PROGRAMS FOR YOUNG MEN AND FAMILIES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bridgeway Services Inc Southgate, MI | $7,192,114 | $10,954,718 |
B U I L D Incorporated Chicago, IL | $7,733,776 | $9,678,414 |
Target Area Development Corporation Chicago, IL | $1,655,349 | $7,129,614 |
Chicago Area Project Chicago, IL | $1,558,978 | $5,871,125 |
Village Ranch Inc Cokato, MN | $10,081,329 | $6,437,823 |
Tomorrows Children Inc Waupaca, WI | $2,261,375 | $3,285,305 |
Little Sand Group Homes Remer, MN | $1,374,248 | $1,657,348 |
Court Appointed Special Advocates Of Cook County Chicago, IL | $248,189 | $1,570,983 |
Cook County Southland Juvenile Justice Council Park Forest, IL | $389,534 | $1,407,474 |
Wai-Iam Inc Lansing, MI | $1,302,963 | $1,221,678 |
United Stand Chicago, IL | $5,251,766 | $1,050,164 |
Lakes Center For Youth And Families Inc Forest Lake, MN | $810,622 | $1,028,410 |