Dreamcoat Quality Painters Incorporated is located in Springfield, VA. The organization was established in 2020. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dreamcoat Quality Painters Incorporated 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 12/2022, Dreamcoat Quality Painters Incorporated generated $117.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $107.8k during the year ending 12/2022. While expenses have increased by 1.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE PAINTING SERVICES TO LOW INCOME HOUSEHOLDS IN NORTHERN VA ANDPROVIDE WORK FOR VETERANS AND OTHER DISADVANTAGED PEOPLE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles D Druitt President | 20 | $0 | |
Chip Catherine Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,082 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,082 |
| Total Revenue | $117,846 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $96,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,764 |
| Total expenses | $107,764 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,362 |
| Other assets | $0 |
| Total assets | $49,444 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,444 |