Skip to content
Nonprofiteer
← DREAM ORG

Form 990 for tax year 2023

Filed by DREAM ORG.

Totals

Total revenue
$4,091,131
Total expenses
$74,009,967
Contributions and grants received
$4,336,687
Grants paid
$52,292,599
Program service revenue
$0
Investment income
-$252,928
Other revenue
$7,372
Total assets, end of year
$32,749,438
Total liabilities, end of year
$3,084,265
Net assets or fund balances, end of year
$29,665,173
Program services expenses (Part IX)
$68,706,504
Management and general expenses
$3,819,497
Fundraising expenses
$1,483,966
Program service expenses (Part III)
$68,706,504

Program services were 92.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,336,687

  • 1g · Noncash contributions included above

    $10,000

  • 3 · Investment income

    total $1,826,935 · excluded $1,826,935

  • 7a · Gross sales of assets other than inventory

    securities $65,579,741

  • 7b · Less cost or other basis and sales expenses

    securities $67,659,604

  • 7c · Gain or loss

    securities -$2,079,863

  • 7d · Net gain or loss

    total -$2,079,863 · excluded -$2,079,863

  • 11a · Other revenue: CREDIT CARD REWARDS

    total $7,372 · excluded $7,372

  • 11e · Other revenue, total

    $7,372

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $52,285,599 · program services $52,285,599

  • 2 · Grants to domestic individuals

    total $7,000 · program services $7,000

  • 5 · Compensation of officers, directors and key employees

    total $1,959,533 · program services $806,502 · management and general $1,097,839 · fundraising $55,192

  • 7 · Other salaries and wages

    total $5,570,941 · program services $3,956,171 · management and general $889,102 · fundraising $725,668

  • 8 · Pension plan contributions

    total $152,130 · program services $103,815 · management and general $25,203 · fundraising $23,112

  • 9 · Other employee benefits

    total $1,021,498 · program services $721,362 · management and general $163,582 · fundraising $136,554

  • 10 · Payroll taxes

    total $559,548 · program services $372,864 · management and general $124,369 · fundraising $62,315

  • 11b · Fees: legal

    total $1,135,669 · program services $249,155 · management and general $886,514

  • 11c · Fees: accounting

    total $49,316 · management and general $49,316

  • 11g · Fees: other

    total $2,174,429 · program services $1,608,699 · management and general $247,513 · fundraising $318,217

  • 12 · Advertising and promotion

    total $484,914 · program services $462,775 · management and general $4,203 · fundraising $17,936

  • 13 · Office expenses

    total $302,792 · program services $226,589 · management and general $61,790 · fundraising $14,413

  • 14 · Information technology

    total $204,826 · program services $68,046 · management and general $88,568 · fundraising $48,212

  • 16 · Occupancy

    total $354,155 · program services $263,532 · management and general $53,735 · fundraising $36,888

  • 17 · Travel

    total $809,067 · program services $688,422 · management and general $80,606 · fundraising $40,039

  • 22 · Depreciation, depletion and amortization

    total $49,229 · program services $34,574 · management and general $10,235 · fundraising $4,420

  • 23 · Insurance

    total $33,932 · program services $402 · management and general $33,445 · fundraising $85

  • 24a · Other expenses: PRI ASSET TRANSFER

    total $6,690,000 · program services $6,690,000

  • 24b · Other expenses: PROG EXP/SUPPLIES

    total $99,240 · program services $94,880 · management and general $3,461 · fundraising $899

  • 24c · Other expenses: FOOD

    total $66,149 · program services $66,117 · management and general $16 · fundraising $16

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,525,088 · end of year $3,899,758

  • 3 · Pledges and grants receivable

    beginning of year $394,581 · end of year $223,699

  • 7 · Other notes and loans receivable

    beginning of year $5,500,000 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $268,984 · end of year $279,989

  • 10a · Land, buildings and equipment: cost or other basis

    $246,402

  • 10b · Land, buildings and equipment: accumulated depreciation

    $180,989

  • 10c · Land, buildings and equipment, net

    beginning of year $114,642 · end of year $65,413

  • 11 · Investments: publicly traded securities

    beginning of year $86,796,772 · end of year $26,809,470

  • 15 · Other assets

    beginning of year $494,543 · end of year $1,471,109

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,183,653 · end of year $1,138,968

  • 24 · Unsecured notes and loans payable

    beginning of year $3,000,000 · end of year $0

  • 25 · Other liabilities

    beginning of year $446,423 · end of year $1,945,297

  • 27 · Net assets without donor restrictions

    beginning of year $84,038,475 · end of year $25,915,806

  • 28 · Net assets with donor restrictions

    beginning of year $8,426,059 · end of year $3,749,367

Mission and programs · 2023

Mission

THE DREAM CORPS IS A SOCIAL JUSTICE ACCELERATOR. WE BACK INITIATIVES THAT CLOSE PRISON DOORS AND OPEN DOORS OF OPPORTUNITY FOR ALL.

Activities or mission (Part I)

THE DREAM CORPS WORKS TO CLOSE PRISON DOORS AND OPEN DOORS OF OPPORTUNITY.

  • JUSTICE: WE DREAM OF A WORLD BEYOND MASS INCARCERATION. WE BUILD COMMUNITIES WITH FEWER PRISONS, SAFER NEIGHBORHOODS, AND TRANSFORMED LIVES.

    Expenses $4,251,758 · Grants $1,106,446

  • GREENFORALL: WE DREAM OF A WORLD BEYOND POLLUTION. WE WORK FOR CLEANER AIR AND WATER, AFFORDABLE ENERGY, AND GOOD JOBS FOR ALL.

    Expenses $4,794,163 · Grants $729,879

  • TECH: WE DREAM OF A WORLD BEYOND ECONOMIC INEQUALITY. WE CREATE ACCESS TO BETTER CAREERS AND MORE INNOVATION BY CHANGING THE FACE OF THE TECH INDUSTRY.

    Expenses $1,900,818 · Grants $444,046

  • ALL OTHER PROGRAMS: ADMINSTRATION AND DEVELOPMENT.

    Expenses $57,759,765 · Grants $50,012,228

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nisha Anand

    CEO/BOARD CHAIR

    Total calculated
    $275,962
    From this org
    $245,657
    From related orgs
    $0
    Other
    $30,305
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,657
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $30,305
    Filer's total
    $275,962

  • Anthony Jones

    DIRECTOR/BOARD MEMBER (THRU 05/23)

    Total calculated
    $166,264
    From this org
    $129,808
    From related orgs
    $0
    Other
    $36,456
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,808
    Bonus
    $0
    Other
    $0
    Deferred
    $5,048
    Nontaxable benefits
    $31,408
    Filer's total
    $166,264

  • Jaime Lunder

    CHAIR (THRU 05/23)

    Total calculated
    $0
    Hours/week
    5

  • Noland Chambliss

    SECRETARY (THRU 05/23)

    Total calculated
    $0
    Hours/week
    5

  • Henriette Vinet-Martin

    SECRETARY (AS OF 05/23)

    Total calculated
    $0
    Hours/week
    5

  • Diana Frappier

    TREASURER (THRU 05/23)

    Total calculated
    $0
    Hours/week
    5

  • Julian Mocine-McQueen

    TREASURER (AS OF 05/23)

    Total calculated
    $0
    Hours/week
    5

  • Raleshia Brumfield

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Lea Endres

    BOARD MEMBER (THRU 05/23)

    Total calculated
    $0
    Hours/week
    3

  • Tatiana Ferreira

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Amanda Hall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Christina Stembel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Nina Utne

    BOARD MEMBER (THRU 05/23)

    Total calculated
    $0
    Hours/week
    3

  • Somer Huntley

    COO (THRU 06/23)

    Total calculated
    $359,498
    From this org
    $336,546
    From related orgs
    $0
    Other
    $22,952
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $111,546
    Bonus
    $0
    Other
    $225,000
    Deferred
    $4,760
    Nontaxable benefits
    $18,192
    Filer's total
    $359,498

  • John Payne

    CFO

    Total calculated
    $275,070
    From this org
    $226,346
    From related orgs
    $0
    Other
    $48,724
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,346
    Bonus
    $0
    Other
    $0
    Deferred
    $11,514
    Nontaxable benefits
    $37,210
    Filer's total
    $275,070

  • Rachel Pierce-Burnside

    CPO

    Total calculated
    $241,815
    From this org
    $211,171
    From related orgs
    $0
    Other
    $30,644
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,171
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $30,644
    Filer's total
    $241,815

  • Michelle Romero

    CSO

    Total calculated
    $239,584
    From this org
    $207,000
    From related orgs
    $0
    Other
    $32,584
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,000
    Bonus
    $0
    Other
    $0
    Deferred
    $10,750
    Nontaxable benefits
    $21,834
    Filer's total
    $239,584

  • Janos Marton

    CAO

    Total calculated
    $196,550
    From this org
    $165,981
    From related orgs
    $0
    Other
    $30,569
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,981
    Bonus
    $0
    Other
    $0
    Deferred
    $8,466
    Nontaxable benefits
    $22,103
    Filer's total
    $196,550

  • Jessica Buendia

    VP SUSTAINABILITY & NATIONAL DIRECTOR

    Total calculated
    $204,790
    From this org
    $168,705
    From related orgs
    $0
    Other
    $36,085
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,705
    Bonus
    $0
    Other
    $0
    Deferred
    $8,420
    Nontaxable benefits
    $27,665
    Filer's total
    $204,790

  • Kasheef Wyzard

    NATIONAL DIRECTOR

    Total calculated
    $149,404
    From this org
    $121,112
    From related orgs
    $0
    Other
    $28,292
    Hours/week
    40

  • Katherine Young

    DIRECTOR

    Total calculated
    $149,255
    From this org
    $114,699
    From related orgs
    $0
    Other
    $34,556
    Hours/week
    40

  • Elizabeth Solorio

    SENIOR DIRECTOR

    Total calculated
    $145,736
    From this org
    $128,584
    From related orgs
    $0
    Other
    $17,152
    Hours/week
    40

  • Mayasari Mosher

    DIRECTOR

    Total calculated
    $144,592
    From this org
    $118,312
    From related orgs
    $0
    Other
    $26,280
    Hours/week
    40

  • Edilah Jordan

    DIRECTOR

    Total calculated
    $132,397
    From this org
    $115,686
    From related orgs
    $0
    Other
    $16,711
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
SOMER HUNTLEY RECEIVED A SEVERANCE PAYMENT OF $225,000 FOR THE 2023 TAX YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • REBUILD THE DREAM

    501(C)(4) · FIGHTING FOR AN ECONOMY THAT WORKS FOR EVERYONE. · CA · controlled entity

    Directly controlled by DREAMORG

Provenance

Return type
form_990
Tax year
2023
Filed
15 October 2024
IRS schema version
2023v5.1
Source object
202442959349301974

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.