Dream Academy Foundation
- Assets
- $37.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plainfield, IL
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 82-4025755
Organization Overview
Dream Academy Foundation is located in Plainfield, IL. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Academy Foundation 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 12/2023, Dream Academy Foundation generated $75.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $71.8k during the year ending 12/2023. While expenses have increased by 40.4% per year over the past 4 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,761 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,482 |
| Other Revenue | $0 |
| Total Revenue | $75,243 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $57,466 |
| Occupancy, rent, utilities, and maintenance | $11,697 |
| Printing, publications, postage, and shipping | $2,683 |
| Other expenses | $0 |
| Total expenses | $71,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,912 |
| Other assets | $0 |
| Total assets | $37,794 |
| Total liabilities | $3,339 |
| Net assets or fund balances | $34,455 |