Skip to content
Nonprofiteer
← US DREAM ACADEMY INC

Form 990 for tax year 2023

Filed by US DREAM ACADEMY INC.

Totals

Total revenue
$5,424,975
Total expenses
$4,041,022
Contributions and grants received
$5,789,156
Grants paid
$0
Program service revenue
$0
Investment income
$36,621
Other revenue
-$400,802
Total assets, end of year
$3,039,997
Total liabilities, end of year
$285,421
Net assets or fund balances, end of year
$2,754,576
Program services expenses (Part IX)
$2,869,860
Management and general expenses
$853,679
Fundraising expenses
$317,483
Program service expenses (Part III)
$2,869,860

Program services were 71.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANDREW SCHMIDT

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • BROOKE M GANS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • CARLYLE I HOLDER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • CARLYLE WALTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • CHAD WILLIAMS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • CHAPLAIN BARRY C BLACK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • DAVID R WILLIAMS

    EMERITUS

    Total calculated
    $0
    Hours/week
    2
  • FELISMINA ANDRADE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • GEORGE JOHNSON

    EMERITUS

    Total calculated
    $0
    Hours/week
    2
  • JODY VICTOR

    EMERITUS

    Total calculated
    $0
    Hours/week
    2
  • JOE VICTOR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • MARISSA C LESLIE

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL GRIFFIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • SAM CARTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • SANDRA L RANDOLPH

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    2
  • SHEILA HODGKIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • SIMON T BAILEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • WINTLEY PHIPPS

    FOUNDER/PRESIDENT/CEO

    Total calculated
    $196,081
    From this org
    $196,081
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,081
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $196,081
  • YUESHA CHEN

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • C DIANE WALLACE BOOKER ESQ

    CHIEF STATEGY OFFICER & EX

    Total calculated
    $172,069
    From this org
    $172,069
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,069
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $172,069

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
2023
Filed
31 October 2024
IRS schema version
2023v5.1
Source object
202413059349301556

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.