Totals
- Total revenue
- $5,149,795
- Total expenses
- $4,073,909
- Contributions and grants received
- $5,189,884
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $84,068
- Other revenue
- -$124,157
- Total assets, end of year
- $3,928,132
- Total liabilities, end of year
- $97,670
- Net assets or fund balances, end of year
- $3,830,462
- Program services expenses (Part IX)
- $2,763,200
- Management and general expenses
- $926,744
- Fundraising expenses
- $383,965
- Program service expenses (Part III)
- $2,763,200
Program services were 67.8% 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.
-
1c · Fundraising events
$1,609,683
-
1e · Government grants (contributions)
$2,868,468
-
1f · All other contributions, gifts and grants
$711,733
-
3 · Investment income
total $84,068 · excluded $84,068
-
8a · Fundraising events: gross income
$52,132
-
8a · Fundraising events: contributions included on line 1c
$1,609,683
-
8b · Fundraising events: direct expenses
$182,483
-
8c · Net income from fundraising events
total -$130,351 · excluded -$130,351
-
11a · Other revenue: OTHER REVENUE
total $6,194 · excluded $6,194
-
11e · Other revenue, total
$6,194
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $368,150 · program services $248,390 · management and general $78,995 · fundraising $40,765
-
7 · Other salaries and wages
total $1,930,768 · program services $1,302,687 · management and general $414,289 · fundraising $213,792
-
9 · Other employee benefits
total $239,509 · program services $161,596 · management and general $51,392 · fundraising $26,521
-
10 · Payroll taxes
total $171,810 · program services $130,768 · management and general $21,595 · fundraising $19,447
-
11b · Fees: legal
total $14,297 · management and general $14,297
-
11c · Fees: accounting
total $123,781 · management and general $123,781
-
11g · Fees: other
total $483,154 · program services $405,017 · management and general $28,838 · fundraising $49,299
-
13 · Office expenses
total $226,759 · program services $73,512 · management and general $119,179 · fundraising $34,068
-
14 · Information technology
total $43 · fundraising $43
-
16 · Occupancy
total $30,002 · program services $12,338 · management and general $17,634 · fundraising $30
-
23 · Insurance
total $57,594 · program services $850 · management and general $56,744
-
24a · Other expenses: PROGRAM EXPENSES
total $260,575 · program services $260,575
-
24b · Other expenses: CURRICULUM DEVELOPMENT
total $167,467 · program services $167,467
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,684,245 · end of year $3,574,149
-
3 · Pledges and grants receivable
beginning of year $341,421 · end of year $303,953
-
4 · Accounts receivable
beginning of year $12,235 · end of year $1,433
-
9 · Prepaid expenses and deferred charges
beginning of year $2,096 · end of year $48,597
-
10a · Land, buildings and equipment: cost or other basis
$357,787
-
10b · Land, buildings and equipment: accumulated depreciation
$357,787
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $146,816 · end of year $46,880
-
19 · Deferred revenue
beginning of year $25,000 · end of year $31,623
-
25 · Other liabilities
beginning of year $113,605 · end of year $19,167
-
27 · Net assets without donor restrictions
beginning of year $2,523,576 · end of year $3,621,278
-
28 · Net assets with donor restrictions
beginning of year $231,000 · end of year $209,184
Mission and programs · 2024
Mission
YOUTH EDUCATION TRAINING PROGRAMS
-
U.S. DREAM ACADEMY MISSION IS TO INSPIRE AND INVEST IN THE LIVES OF CHILDREN OF INCARCERATED PARENTS AND FAMILIES IN COMMUNITIES HARMED BY SYSTEMIC INEQUITIES. U.S. DREAM ACADEMY LEARNING CENTERS ARE LOCATED IN UNDER-INVESTED NEIGHBORHOODS - WHERE YOUNG PEOPLE ARE GROWING UP AMIDST HIGH RATES OF POVERTY AND OFTEN HIGHER THAN AVERAGE RATES OF CRIME IN THEIR COMMUNITIES. U.S. DREAM ACADEMY OFFERS IN-SCHOOL PROGRAMS ALONG WITH A SAFE PLACE TO GO EVERY DAY AFTER SCHOOL. WE INCLUDE ACADEMIC SUPPORT, MENTORS, DREAM BUILDING ACTIVITIES, LEADERSHIP OPPORTUNITIES, AND A PLACE TO EXPLORE NEW OPTIONS FOR THEIR FUTURE. YOUNG PEOPLE COMMIT AN ADDITIONAL 11 - 15 HOURS A WEEK TO DEDICATE THEMSELVES TO SKILL BUILDING, CHARACTER BUILDING AND PREPARING FOR THEIR FUTURE DREAMS.
Expenses $2,763,200
As filed on the 2024 return.
Listed in Part VII
-
Andrew SchmidtANDREW SCHMIDT
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Brooke M GansBROOKE M GANS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Carlyle I HolderCARLYLE I HOLDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Carlyle WaltonCARLYLE WALTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Chad WilliamsCHAD WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Chaplain Barry C BlackCHAPLAIN BARRY C BLACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
David R WilliamsDAVID R WILLIAMS
EMERITUS
- Total calculated
- $0
- Hours/week
- 2
-
Felismina AndradeFELISMINA ANDRADE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
George JohnsonGEORGE JOHNSON
EMERITUS
- Total calculated
- $0
- Hours/week
- 2
-
Jody VictorJODY VICTOR
EMERITUS
- Total calculated
- $0
- Hours/week
- 2
-
Joe VictorJOE VICTOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Marissa C LeslieMARISSA C LESLIE
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Michael GriffinMICHAEL GRIFFIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sam CarterSAM CARTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sandra L RandolphSANDRA L RANDOLPH
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sheila HodgkinSHEILA HODGKIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Simon T BaileySIMON T BAILEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Wintley PhippsWINTLEY PHIPPS
PRESIDENT AND FOUNDER
- Total calculated
- $203,622
- From this org
- $203,622
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,622
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $203,622
-
Yuesha ChenYUESHA CHEN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
C Diane Wallace Booker EsqC DIANE WALLACE BOOKER ESQ
CHIEF EXECUTIVE OFFICER
- Total calculated
- $202,031
- From this org
- $187,261
- From related orgs
- $0
- Other
- $14,770
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,261
- Bonus
- $0
- Other
- $0
- Deferred
- $770
- Nontaxable benefits
- $14,000
- Filer's total
- $202,031
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 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
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533189349309498
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.