Totals
- Total revenue
- $4,565,697
- Total expenses
- $3,627,959
- Contributions and grants received
- $4,320,655
- Grants paid
- $0
- Program service revenue
- $202,558
- Investment income
- $25,024
- Other revenue
- $17,460
- Total assets, end of year
- $3,451,433
- Total liabilities, end of year
- $373,467
- Net assets or fund balances, end of year
- $3,077,966
- Program services expenses (Part IX)
- $2,995,178
- Management and general expenses
- $298,065
- Fundraising expenses
- $334,716
- Program service expenses (Part III)
- $2,995,178
Program services were 82.6% 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.
-
1e · Government grants (contributions)
$2,008,889
-
1f · All other contributions, gifts and grants
$2,311,766
-
1g · Noncash contributions included above
$106,737
-
2a · Program service revenue: HOUSING AUTHORITIES
total $202,558 · related or exempt $202,558
-
3 · Investment income
total $25,024 · excluded $25,024
-
6a · Gross rents
real property $8,721
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $8,721
-
6d · Net rental income or loss
total $8,721 · excluded $8,721
-
11a · Other revenue: INSURANCE PROCEEDS
total $7,742 · related or exempt $7,742
-
11b · Other revenue: OTHER INCOME
total $997 · related or exempt $997
-
11e · Other revenue, total
$8,739
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $88,208 · program services $75,939 · management and general $3,311 · fundraising $8,958
-
7 · Other salaries and wages
total $2,222,503 · program services $1,913,369 · management and general $83,430 · fundraising $225,704
-
9 · Other employee benefits
total $176,925 · program services $152,316 · management and general $6,642 · fundraising $17,967
-
10 · Payroll taxes
total $202,423 · program services $174,267 · management and general $7,599 · fundraising $20,557
-
11b · Fees: legal
total $3,399 · management and general $3,399
-
11c · Fees: accounting
total $42,633 · management and general $42,633
-
11f · Fees: investment management
total $175 · management and general $175
-
11g · Fees: other
total $102,807 · program services $64,376 · management and general $926 · fundraising $37,505
-
13 · Office expenses
total $97,777 · program services $31,042 · management and general $59,427 · fundraising $7,308
-
16 · Occupancy
total $9,243 · program services $9,243
-
17 · Travel
total $53,873 · program services $43,099 · management and general $5,387 · fundraising $5,387
-
20 · Interest
total $22,446 · management and general $22,446
-
22 · Depreciation, depletion and amortization
total $68,529 · program services $68,529
-
23 · Insurance
total $72,646 · program services $58,618 · management and general $3,786 · fundraising $10,242
-
24a · Other expenses: VILLAGE MENTORING
total $177,573 · program services $177,573
-
24b · Other expenses: CONTRACTORS
total $113,140 · program services $79,198 · management and general $33,942
-
24c · Other expenses: SUPPLIES
total $67,264 · program services $67,264
-
24d · Other expenses: ACTIVITIES
total $57,524 · program services $53,412 · management and general $4,112
-
24e · All other expenses
total $48,871 · program services $26,933 · management and general $20,850 · fundraising $1,088
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $236,321 · end of year $338,752
-
2 · Savings and temporary cash investments
beginning of year $642,672 · end of year $483,023
-
4 · Accounts receivable
beginning of year $119,860 · end of year $129,305
-
9 · Prepaid expenses and deferred charges
beginning of year $2,167 · end of year $2,167
-
10a · Land, buildings and equipment: cost or other basis
$1,794,133
-
10b · Land, buildings and equipment: accumulated depreciation
$267,142
-
10c · Land, buildings and equipment, net
beginning of year $1,309,468 · end of year $1,526,991
-
15 · Other assets
beginning of year $89,286 · end of year $971,195
-
17 · Accounts payable and accrued expenses
beginning of year $57,127 · end of year $70,558
-
23 · Secured mortgages and notes payable
beginning of year $321,486 · end of year $302,909
-
27 · Net assets without donor restrictions
beginning of year $1,901,333 · end of year $2,925,066
-
28 · Net assets with donor restrictions
beginning of year $119,828 · end of year $152,900
Mission and programs · 2023
Mission
THE DREAM PROGRAM BUILDS COMMUNITIES OF FAMILIES AND COLLEGE STUDENTS THAT EMPOWER CHILDREN FROM AFFORDABLE HOUSING NEIGHBORHOODS TO RECOGNIZE THEIR OPTIONS, MAKE INFORMED DECISIONS, AND ACHIEVE THEIR DREAMS.
Activities or mission (Part I)
EMPOWER CHILDREN FROM AFFORDABLE HOUSING NEIGHBORHOODS TO ACHIEVE THEIR DREAMS.
-
THE DREAM PROGRAM PROVIDES YOUTH DEVELOPMENT OPPORTUNITIES TO OVER 600 YOUTH WHO LIVE IN AFFORDABLE HOUSING COMMUNITIES ACROSS VERMONT, MASSACHUSETTS, AND PENNSYLVANIA. THIS INCLUDES WEEKLY MENTORING FOR YOUTH AGES 5 TO 18, AFTERSCHOOL ENRICHMENT OPPORTUNITIES INLUDING HOMEWORK HELP, AS WELL AS, SUMMER ENRICHMENT PROGRAMMING WHICH INCLUDES ON-SITE ACTIVITIES SUCH AS ARTS AND CRAFTS, GAMES, TUTORING, AND SMALL TRIPS TO LOCAL EDUCATIONAL AND RECREATIONAL VENUES. THE DREAM PROGRAM ALSO RUNS CAMP DREAM, A RUSTIC OVERNIGHT CAMP EXPERIENCE LOCATED ON METCALF POND IN NORTHERN VERMONT WHERE YOUTH CAN PARTICIPATE IN ACTIVITIES SUCH AS HIKING, SWIMMING, GARDENING, AND OTHER ENVIRONMENTAL EDUCATION ACTIVITIES.
Expenses $2,995,178 · Revenue $211,297
As filed on the 2023 return.
Listed in Part VII
-
Ray SorrentiniRAY SORRENTINI
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Neal WarrenNEAL WARREN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Rosemary CourtneyROSEMARY COURTNEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Ainsley BroderickAINSLEY BRODERICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bailey RuhmBAILEY RUHM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Catherine WelchCATHERINE WELCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Connie BealCONNIE BEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eric GrobergERIC GROBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Erika BaldasaroERIKA BALDASARO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Francie MiddletonFRANCIE MIDDLETON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Gabriela RodriguezGABRIELA RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jessica DowJESSICA DOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jon PotterJON POTTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Julia DignamJULIA DIGNAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kyle KowalskiKYLE KOWALSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Noah PortnoyNOAH PORTNOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sam GlickmanSAM GLICKMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sean MatthewsSEAN MATTHEWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tim WrightTIM WRIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tom WilsonTOM WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Katie GoldsteinKATIE GOLDSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Luanne DexterLUANNE DEXTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Melissa MimsMELISSA MIMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Thomas DemaioTHOMAS DEMAIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sandy MervakSANDY MERVAK
DIRECTOR (START 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Sai PhanindraSAI PHANINDRA
DIRECTOR (START 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Rachel KeirRACHEL KEIR
DIRECTOR (START 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Gareth OwensGARETH OWENS
DIRECTOR (START 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Tracey NewtonTRACEY NEWTON
DIRECTOR (START 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Michael FooteMICHAEL FOOTE
CEO
- Total calculated
- $71,276
- From this org
- $69,200
- From related orgs
- $0
- Other
- $2,076
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413549349300301
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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