Operation Dream INC: FY2020 Nonprofit Profile & Form 990 (EIN 26-1455938)

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides holistic support and developmental opportunities for boys and young men, ages 4 to 19.

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1 program · $433K · in their own filed words · FY2020

01

Operation Dream

Academic year program (ayp): operation dream provides a full day of academic, recreational and social enrichment programming to almost 100 young men on saturdays. Dream to achieve - young men are referred to this program having been identified at our academic year program. This program serves young men between from 1ST - 12TH grade.

$433Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2022

Greater Milwaukee Foundation INCFY2022$39K

United Way of Greater Milwaukee & Waukesha County INCFY2022$14K

National Philanthropic TrustFY2022$12K

Total grants receivedfrom 3 funders$65K

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By the numbers

The FY2020 990, line by line.

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from philanthropy.org

1The main four

Money inPt VIII

$509K

Ln 12

Gifts and grantsLn 1h$509K

Other incomeLn 4–11$369

Money outPt IX

$528K

Ln 25

Programscol B$433K

Managementcol C$41K

Fundraisingcol D$54K

Owns and owesPt X

$246K

net assets · Ln 32

Cash and savingsLn 1–2$275K

Total assetsLn 16$335K

LiabilitiesLn 26$89K

PeoplePt VI, VII

16

listed · VII A

PaidVII A1

Voting boardVI 1a15

IndependentVI 1b15

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$509K

Other incomeLn 4–11$369

Total revenueLn 12$509K

Assets in detailPt X, end of year

CashLn 1$275K

SavingsLn 2$100

Cash and savings togetherLn 1–2$275K

Land, buildings, equipmentLn 10c$45K

Total assetsLn 16$335K

LiabilitiesLn 26$89K

Net assetsLn 32$246K

OperationsPt I, VI

EmployeesI 512

VolunteersI 612

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$223K	$275K
Land, buildings, equipmentLn 10c	$53K	$45K
Total assetsLn 16	$304K	$335K
LiabilitiesLn 26	$26K	$89K
Net assetsLn 32	$278K	$246K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$78K	$41K	$12K	$24K
Other salaries and wagesLn 7	$208K	$208K
Other employee benefitsLn 9	$20K	$20K
Payroll taxesLn 10	$19K	$17K	$835	$2K
Accounting feesLn 11c	$20K		$20K
Professional fundraising feesLn 11e	$12K			$12K
Other fees for servicesLn 11g	$4K	$2K	$2K
Advertising and promotionLn 12	$7K	$7K
Office expensesLn 13	$8K	$8K	$213	$411
OccupancyLn 16	$54K	$47K	$2K	$5K
TravelLn 17	$11K	$11K
Depreciation, depletion and amortizationLn 22	$8K	$7K	$354	$687
InsuranceLn 23	$35K	$22K	$2K	$11K
Other expenses (24a–d)Ln 24	$44K	$44K	$346
Total functional expensesLn 25	$528K	$433K	$41K	$54K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$0			$0	990 PDF
FY2023	$54K			$24K	990 PDF
FY2022	$381K	$576K	−$195K	$484K	990 PDF
FY2021	$786K	$480K	$306K	$679K	990 PDF
FY2020 Viewing	$509K	$528K	−$19K	$246K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2020 990 (6 parts)

Part I · Summary $509,111 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $634,615$508,742

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $425$369

I-12 Total revenuePrior year $635,040$509,111

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $402,427$324,894

I-16a Professional fundraising feesPrior year $26,125$12,000

I-17 Other expensesPrior year $263,690$191,388

I-18 Total expensesPrior year $692,242$528,282

I-19 Revenue less expensesPrior year −$57,202−$19,171

Part VI · Governance 15 of 15 board members independent, 4 to look at

VI-1a Voting members of the governing body15

VI-1b Independent voting members15

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $509,111 across 4 lines filed

VIII-1f All other contributions, gifts and grants$508,742

VIII-1h Total contributions, gifts and grants$508,742

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $369$369

VIII-12 Total revenueRelated to mission $369 · Unrelated business $0 · Excluded from tax $0$509,111

Part IX · Statement of functional expenses $528,282 across 14 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $41,279 · Management $12,462 · Fundraising $24,144$77,885

IX-7 Other salaries and wagesPrograms $208,089$208,089

IX-9 Other employee benefitsPrograms $19,752$19,752

IX-10 Payroll taxesPrograms $16,715 · Management $835 · Fundraising $1,618$19,168

IX-11c Accounting feesManagement $20,050$20,050

IX-11e Professional fundraising feesFundraising $12,000$12,000

IX-11g Other fees for servicesPrograms $2,184 · Management $1,800$3,984

IX-12 Advertising and promotionPrograms $6,915$6,915

IX-13 Office expensesPrograms $7,584 · Management $213 · Fundraising $411$8,208

IX-16 OccupancyPrograms $47,466 · Management $2,372 · Fundraising $4,596$54,434

IX-17 TravelPrograms $10,749$10,749

IX-22 Depreciation, depletion and amortizationPrograms $7,088 · Management $354 · Fundraising $687$8,129

IX-23 InsurancePrograms $21,784 · Management $2,289 · Fundraising $10,724$34,797

IX-24 Other expenses (24a–d)Programs $43,776 · Management $346$44,122

IX-25 Total functional expensesPrograms $433,381 · Management $40,721 · Fundraising $54,180$528,282

Part X · Balance sheet $334,892 assets, 13 lines filed

X-1 Cash, non-interest-bearingStart of year $223,114$274,796

X-2 Savings and temporary cash investmentsStart of year $100$100

X-3 Pledges and grants receivableStart of year $27,500$15,000

X-10c Land, buildings and equipment, netStart of year $53,125$44,996

X-16 Total assetsStart of year $303,989$334,892

X-17 Accounts payable and accrued expensesStart of year $25,963$5,081

X-24 Unsecured notes and loans payable$83,445

X-25 Other liabilitiesStart of year $0$161

X-26 Total liabilitiesStart of year $25,963$88,687

X-27 Net assets without donor restrictionsStart of year $106,526$87,205

X-28 Net assets with donor restrictionsStart of year $171,500$159,000

X-32 Total net assets or fund balancesStart of year $278,026$246,205

X-33 Total liabilities and net assetsStart of year $303,989$334,892

Part XI · Reconciliation of net assets $246,205 net assets at year end

XI-1 Total revenue$509,111

XI-2 Total expenses$528,282

XI-3 Revenue less expenses−$19,171

XI-4 Net assets at start of year$278,026

XI-8 Prior period adjustments−$12,650

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$246,205

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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Operation Dream INC FY2020 filing

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Compensation history total reportable pay by year · 1 named individual · Part VII