Dream Project INC FY2021 filing
Empowers immigrant students to access and succeed in college through scholarships, mentoring, and advocacy. For fiscal year 2021 it reported $742K in revenue, $530K in expenses, and $749K in net assets.Pt I
- Founded
- 2011
- Type
- Public charity (501(c)(3)) · Education
- Location
- Arlington, VA
- Website
- www.dream-project.org
- Filings
- 5 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Karen Vallejos Corrales’s $85K as Executive Director is at the 22nd percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Karen Vallejos Corrales | $85,104 | $76,670 | — | — |
| Karen Vallejos | — | — | $71,400 | $29,649 |
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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Where the work happens
Scholarships
The dream project awards renewable college scholarships to undocumented students, commonly known as dreamers, in virginia. The dream scholarship is awarded to talented immigrant students who demonstrate academic achievement, leadership, community involvement and perseverance in the face of adversity.
Mentoring
The dream project also provides a mentoring program for high school juniors and seniors in which mentees are matched with mentors who provide them with one-on-one guidance through the college application process and scholarship search. Mentoring program participants also build habits and skills that promote success in college and career.
Scholar, Alumni and Family Support
Dream project scholarship recipients and college graduates are additionally supported by the organization through activities and programming. First, the dream project hosts an annual dream summit for these students and young graduates.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 86% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | 15% | — | — |
| Accounting fee ratio | 1.0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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