Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2020 | $583K |
|---|---|
| FY2021 | $756K |
| FY2022 | $906K |
| FY2023 | $1.1M |
| FY2024 | $1.3M |
| FY2024 | $1.3M |
| FY2020 | $47K |
|---|---|
| FY2021 | $8K |
| FY2022 | $44K |
| FY2023 | $209K |
| FY2024 | $222K |
| FY2024 | $255K |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 6% | — | — |
| Fundraising cost ratio | 11% | — | — |
| Revenue growth | 11% | — | — |
| Accounting fee ratio | 0.6% | — | — |
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.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
Karen Vallejos Corrales’s $85K as Executive Director is at the 22nd percentile of top reported officer pay among 3394 $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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Governance & Policies
- 19Voting board membersPt VI · Ln 1a
- 19Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13No
- Document retention policyPt VI · Ln 14No
- Top official’s pay independently reviewedPt VI · Ln 15aNo
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
Empowers immigrant students to access and succeed in college through scholarships, mentoring, and advocacy.
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Where the work happens
Student Aid
The dream project awards renewable college scholarships to students whose immigation status creates barriers to education 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.
Scholar, Alumni and Family Support
Dream project scholarship recipients, college graduates and their families are additionally supported by the organization through activities and programming designed to help them succeed in college and careers. A.
Mentoring
The dream project also provides a mentoring program for high school seniors and community college scholars who are transferring to a four-year university. From september to may participants meet on tuesday evenings with our team of staff and mentors.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 | $1.0M | $870K | +22% | 990 PDF |
| FY2023 Viewing | $826K | $781K | +11% | 990 PDF |
| FY2022 | $742K | $629K | -0.06% | 990 PDF |
| FY2021 | $742K | $530K | +15% | 990 PDF |
| FY2020 | $644K | $442K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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