Skip to content
Nonprofiteer
← DREAM BIG ACADEMY FL INC

Form 990 for tax year 2022

Filed by DREAM BIG ACADEMY FL INC.

Totals

Total revenue
$411,096
Total expenses
$420,273
Contributions and grants received
$411,096
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$3,123
Total liabilities, end of year
$125,000
Net assets or fund balances, end of year
-$121,877
Program services expenses (Part IX)
$203,651
Management and general expenses
$216,622
Fundraising expenses
$0
Program service expenses (Part III)
$203,651

Program services were 48.5% 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)

    $110,000

  • 1f · All other contributions, gifts and grants

    $301,096

Functional expenses

Part IX, the statement of functional expenses.

  • 12 · Advertising and promotion

    total $5,750 · management and general $5,750

  • 13 · Office expenses

    total $3,825 · management and general $3,825

  • 16 · Occupancy

    total $96,925 · management and general $96,925

  • 23 · Insurance

    total $3,720 · management and general $3,720

  • 24a · Other expenses: HOTEL ROOM EXPENSE

    total $75,000 · program services $75,000

  • 24b · Other expenses: BUSES CHARTER

    total $58,000 · program services $58,000

  • 24c · Other expenses: FOOD PANTRY FOOD SUPPLIES

    total $52,000 · program services $52,000

  • 24d · Other expenses: SUBCONTRACTORS

    total $33,300 · management and general $33,300

  • 24e · All other expenses

    total $91,753 · program services $18,651 · management and general $73,102

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,300 · end of year $3,123

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

    $44,640

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

    $44,640

  • 25 · Other liabilities

    beginning of year $115,000 · end of year $125,000

  • 27 · Net assets without donor restrictions

    beginning of year -$112,700 · end of year -$121,877

Mission and programs · 2022

Mission

TO PROVIDE SUPPORT FOR LOW INCOME FAMILIES. IN ADDITION, TO PROVIDE EDUCATIONAL OPPORTUNITIES TO LOW AND MODERATE INCOME FAMILIES.

Activities or mission (Part I)

TO PROVIDE SUPPORT FOR FAMILIES, YOUTH AND DISADVANTAGED ADULTS. ALSO, TO SUPPORT EDUCATION FOR THE LOW TO MODERATE INCOME FAMILIES.

  • HOTEL ROOMS EXPENSE 75,000.00

    Expenses $75,000

  • FOOD PANTRY FOOD SUPPLIES 52,000.00

    Expenses $52,000

  • PROVIDED PERSONAL BACKPACKS, MASKS, AND BLANKETS FOR THE UNDERPRIVILEDGED 4,240.00

    Expenses $4,240

  • MLK T-SHIRTS 2,100 LOW INCOME HOUSING 1,516 CHARTER BUSES 58,000 YOUTH SPORTS 1,825 COMMUNITY GIVEAWAY 2,550 COMPUTER LAB 1,600 FAMILY FUN DAY 4,820

    Expenses $72,411

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Anglea Beard

    BOARD MEMBER

    Total calculated
    $0

  • Michael Drapkin

    BOARD MEMBER

    Total calculated
    $0

  • John Ta Edwards

    BOARD MEMBER

    Total calculated
    $0

  • Paul Hendricks

    BOARD MEMBER

    Total calculated
    $0

  • William Lawson

    BOARD MEMBER

    Total calculated
    $0

  • Kevin Parrot

    PRESIDENT

    Total calculated
    $0

  • Denise Wright

    BOARD MEMBER

    Total calculated
    $0

  • Toriano Parker

    CHIEF EXECUT

    Total calculated
    $0
    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
2022
Filed
13 February 2023
IRS schema version
2022v4.1
Source object
202330469349301863

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.