Totals
- Total revenue
- $1,500,290
- Total expenses
- $852,266
- Contributions and grants received
- $1,490,871
- Grants paid
- $100,762
- Program service revenue
- $0
- Investment income
- -$45,267
- Other revenue
- $54,686
- Total assets, end of year
- $1,571,217
- Total liabilities, end of year
- $284,195
- Net assets or fund balances, end of year
- $1,287,022
- Program services expenses (Part IX)
- $613,539
- Management and general expenses
- $185,628
- Fundraising expenses
- $53,099
- Program service expenses (Part III)
- $613,539
Program services were 72.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$1,490,871
-
1g · Noncash contributions included above
$570,000
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $51,471 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $51,471 · personal property $0
-
6d · Net rental income or loss
total $51,471 · related or exempt $51,471 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $83,362
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $128,629
-
7c · Gain or loss
securities $0 · other assets -$45,267
-
7d · Net gain or loss
total -$45,267 · related or exempt -$45,267 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
10a · Gross sales of inventory
$4,307
-
10b · Cost of goods sold
$1,092
-
10c · Net income from sales of inventory
total $3,215 · related or exempt $3,215 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,000 · program services $6,000
-
2 · Grants to domestic individuals
total $94,762 · program services $94,762
-
5 · Compensation of officers, directors and key employees
total $98,269 · program services $68,788 · management and general $14,741 · fundraising $14,740
-
7 · Other salaries and wages
total $159,768 · program services $118,335 · management and general $17,757 · fundraising $23,676
-
9 · Other employee benefits
total $58,334 · program services $38,911 · management and general $14,580 · fundraising $4,843
-
10 · Payroll taxes
total $19,592 · program services $14,315 · management and general $2,338 · fundraising $2,939
-
11a · Fees: management
total $55,681 · management and general $55,681
-
11b · Fees: legal
total $16,756 · management and general $16,756
-
11c · Fees: accounting
total $11,520 · management and general $11,520
-
11g · Fees: other
total $114,397 · program services $114,397
-
12 · Advertising and promotion
total $666 · management and general $464 · fundraising $202
-
13 · Office expenses
total $7,350 · program services $2,332 · management and general $5,018
-
14 · Information technology
total $5,598 · program services $10 · management and general $5,588
-
16 · Occupancy
total $60,238 · program services $50,791 · management and general $7,141 · fundraising $2,306
-
17 · Travel
total $7,568 · program services $7,341 · management and general $227
-
19 · Conferences, conventions and meetings
total $20,876 · program services $14,424 · management and general $6,452
-
20 · Interest
total $11,690 · program services $10,787 · fundraising $903
-
22 · Depreciation, depletion and amortization
total $22,471 · program services $22,471
-
23 · Insurance
total $39,306 · program services $26,591 · management and general $9,545 · fundraising $3,170
-
24a · Other expenses: Job Supplies
total $4,658 · program services $4,658 · management and general $0 · fundraising $0
-
24e · All other expenses
total $36,766 · program services $18,626 · management and general $17,820 · fundraising $320
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $211,566 · end of year $244,321
-
2 · Savings and temporary cash investments
beginning of year $128,248 · end of year $230,187
-
4 · Accounts receivable
beginning of year $3,200 · end of year $11,260
-
8 · Inventories for sale or use
beginning of year $392,086 · end of year $353,935
-
9 · Prepaid expenses and deferred charges
end of year $2,888
-
10a · Land, buildings and equipment: cost or other basis
$729,681
-
10b · Land, buildings and equipment: accumulated depreciation
$30,143
-
10c · Land, buildings and equipment, net
beginning of year $65,846 · end of year $699,538
-
15 · Other assets
end of year $29,088
-
17 · Accounts payable and accrued expenses
beginning of year $7,726 · end of year $11,402
-
23 · Secured mortgages and notes payable
beginning of year $170,617 · end of year $231,633
-
25 · Other liabilities
end of year $41,160
-
27 · Net assets without donor restrictions
beginning of year $622,603 · end of year $1,287,022
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
Dream Builders 4 Equity (DB4E) is working to develop economically sustainable and socially engaged communities by growing equity for youth, businesses, residents, and real estate.
Activities or mission (Part I)
Develop economically sustainable and socially engaged communities by growing equity for youth, businesses, residents, and real estate.
-
DB4E actively addresses the vacant home and building epidemic in North City by rehabilitating and reimagining previously vacant properties, thereby expanding economic opportunities for minority contractors, creating space for community business growth, and establishing sustained long-term momentum and investment in Hyde Park. DB4E successfully revitalized a previously vacant property while exposing youth ages 16-24 to the rehabilitation process. This effort culminated in the sale of the home to a first-time homeowner. We currently have three active rehabilitation projects in Hyde Park, which directly contribute to the ongoing renewal of the St. Louis community. As part of our commitment to the community, we facilitated two free home repairs in Hyde Park. Additionally, we provided free landscaping services for the entire grass-cutting season to 50 seniors in the Hyde Park neighborhood, contributing to neighborhood beautification and supporting the well-being of seniors.
Expenses $448,448
-
The Summer Build Academy, an 8-week program, serves as the core of DB4E's youth-driven community transformation, providing participants ages 16-24 with essential tools, resources, support, and exposure to thrive and lead in various aspects of life. Throughout the summer, they contribute to community development projects and journal about their experiences. Their writings are published in a book, with proceeds going directly to the youth. Following the academy, they're partnered with mentors, have the opportunity to earn money through property rehabilitation and teaching chess, participate in monthly events, and have access to free therapy. A total of 36 young people completed the 2022 Summer Build Academy cohort, investing a collective 7,317 hours towards transforming themselves and the Hyde Park community. 98% of the participants are on track to graduate from secondary, postsecondary education, or trade school or are currently gainfully employed. The program participants collaborated on a book of poetry and personal stories titled "Brick by Brick". They also worked together on a joint musical album, which was showcased at their book signing event.
Expenses $92,234
-
HOV House of Vision (HOV) is a community store that showcases locally-made clothing, art, books, and other products created by youth and community members. As a catalyst and entry point into successful entrepreneurship, HOV removes barriers and risks, providing a safe training ground for our youth and community members. HOV is pivotal in our comprehensive strategy for transforming North St. Louis City. We understand that creating a prosperous community requires more than just rehabilitating homes. It also involves essential elements such as retail stores, grocery stores, childcare facilities, and more. HOV actively contributes to building up our community, serving as one of these vital needs and encouraging businesses to either return to the north or establish themselves in the area. Additionally, HOV operates as a print and embroidery shop for external businesses, with our youth serving as staff employees. This integrated model reflects our commitment to nurturing talents, fostering entrepreneurship, and contributing to equity in the community.
Expenses $72,857
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael Woods
President and CEO
- Total calculated
- $98,269
- From this org
- $98,269
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dr Jana Haywood
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Adrienne Eaglin
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Adam Layne
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Mark Butler
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr Kanika Cunningham
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Matthew Thurman
Board Member
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349307666
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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