DC Dreamcenter FY2021 filing

Tax-deductible

Washington, DC501(c)(3)Human ServicesEIN 46-3532483Revenue $624K in FY2021

On file with the IRSdcdreamcenter.com2826 Q St Se, 20020-3805 · Washington, DCTax-exempt since May 2017Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To inspire youth and adults to dare to dream, equipping them to reach their god-given potential, one person at a time.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $53K a year · 8% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $34K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$41K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$624K
-14% vs prior year
Spent
$727K
To programs
75%
Net assets
$603K
By yearFY2020–FY2024
Revenue
$624K
FY2021▼ -14%
Tap a bar for its year
Revenue by fiscal year
FY2020$724K
FY2021$624K
FY2022$627K
FY2023$586K
FY2024$620K
Expenses
$727K
FY2021▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$651K
FY2021$727K
FY2022$720K
FY2023$755K
FY2024$591K
Net assets
$603K
FY2021▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$706K
FY2021$603K
FY2022$509K
FY2023$341K
FY2024$379K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2016-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in May 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $547K Management & general 21% · $154K Fundraising 4% · $26K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer Until October 2021
$0Pt VII · Sec A
Exec. Director & Secretary
$0Pt VII · Sec A
See DC Dreamcenter executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Inspires and equips people to dream big and reach their full potential.

Questions for DC Dreamcenter

Tap to ask. DC Dreamcenter sees how many people are interested.

Your first name shows with your question. DC Dreamcenter answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $547K · in their own filed words · FY2021
01

DC dreamcenter(dcdc) offers many programs designed to meet the needs of youth in the southeast D.C. Community. Volunteer opportunities, like the mentorship program, pairs kids with responsible adults looking to make a real difference in a young person's life.

$547Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 3 grants · $19K · 2020–2023
Unitemized GrantFY2023$6,552
Unitemized GrantFY2021$7,486
Unitemized GrantFY2020$5,099

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$624K
Ln 12
Gifts and grantsLn 1h$624K
Fees for servicesLn 2g$570
Money outPt IX
$727K
Ln 25
Programscol B$547K
Managementcol C$154K
Fundraisingcol D$26K
Owns and owesPt X
$603K
net assets · Ln 32
Cash and savingsLn 1–2$198K
Total assetsLn 16$643K
LiabilitiesLn 26$41K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$624K
Government grantsLn 1e$16K
Fees for servicesLn 2g$570
Total revenueLn 12$624K
Assets in detailPt X, end of year
CashLn 1$198K
Cash and savings togetherLn 1–2$198K
Land, buildings, equipmentLn 10c$393K
Other assetsLn 15$2K
Total assetsLn 16$643K
LiabilitiesLn 26$41K
Net assetsLn 32$603K
OperationsPt I, VI
EmployeesI 54
VolunteersI 6350
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$283K$198K
Land, buildings, equipmentLn 10c$427K$393K
Total assetsLn 16$748K$643K
LiabilitiesLn 26$43K$41K
Net assetsLn 32$706K$603K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$111K$111K
Other salaries and wagesLn 7$160K$144K$6K$10K
Payroll taxesLn 10$13K$12K$489$815
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$37K$37K
Other fees for servicesLn 11g$47K$990$46K
Advertising and promotionLn 12$507$456$19$32
Office expensesLn 13$22K$17K$4K$832
Information technologyLn 14$9K$7K$2K$478
OccupancyLn 16$121K$109K$5K$8K
TravelLn 17$12K$11K$451$751
Conferences, conventions and meetingsLn 19$23K$21K$858$1K
Depreciation, depletion and amortizationLn 22$34K$31K$1K$2K
InsuranceLn 23$16K$15K$616$1K
Other expenses (24a–d)Ln 24$115K$69K$45K$894
All other expensesLn 24e$2K$1K$1K
Total functional expensesLn 25$727K$547K$154K$26K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $620K$591K$29K$379K 990 PDF
FY2023 $586K$755K−$168K$341K 990 PDF
FY2022 $627K$720K−$93K$509K 990 PDF
FY2021 Viewing $624K$727K−$103K$603K 990 PDF
FY2020 $724K$651K$72K$706K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $624,253 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $720,733$623,683
I-9 Program service revenuePrior year $2,900$570
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $34$0
I-12 Total revenuePrior year $723,667$624,253
I-13 Grants and similar amounts paidPrior year $135,573$110,553
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $90,272$173,021
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $425,649$443,782
I-18 Total expensesPrior year $651,494$727,356
I-19 Revenue less expensesPrior year $72,173−$103,103
Part VI · Governance 2 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $624,253 across 6 lines filed
VIII-1d Related organizations$192,899
VIII-1e Government grants$16,300
VIII-1f All other contributions, gifts and grants$414,484
VIII-1h Total contributions, gifts and grants$623,683
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $570$570
VIII-12 Total revenueRelated to mission $570 · Unrelated business $0 · Excluded from tax $0$624,253
Part IX · Statement of functional expenses $727,356 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $110,553$110,553
IX-7 Other salaries and wagesPrograms $143,982 · Management $6,000 · Fundraising $9,999$159,981
IX-10 Payroll taxesPrograms $11,736 · Management $489 · Fundraising $815$13,040
IX-11b Legal feesManagement $3,610$3,610
IX-11c Accounting feesManagement $37,372$37,372
IX-11g Other fees for servicesPrograms $990 · Management $46,382$47,372
IX-12 Advertising and promotionPrograms $456 · Management $19 · Fundraising $32$507
IX-13 Office expensesPrograms $16,910 · Management $4,440 · Fundraising $832$22,182
IX-14 Information technologyPrograms $6,879 · Management $1,647 · Fundraising $478$9,004
IX-16 OccupancyPrograms $108,559 · Management $4,523 · Fundraising $7,538$120,620
IX-17 TravelPrograms $10,815 · Management $451 · Fundraising $751$12,017
IX-19 Conferences, conventions and meetingsPrograms $20,590 · Management $858 · Fundraising $1,430$22,878
IX-22 Depreciation, depletion and amortizationPrograms $30,875 · Management $1,286 · Fundraising $2,144$34,305
IX-23 InsurancePrograms $14,786 · Management $616 · Fundraising $1,027$16,429
IX-24 Other expenses (24a–d)Programs $68,932 · Management $45,331 · Fundraising $894$115,157
IX-24e All other expensesPrograms $1,295 · Management $1,034$2,329
IX-25 Total functional expensesPrograms $547,358 · Management $154,058 · Fundraising $25,940$727,356
Part X · Balance sheet $643,063 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $282,661$197,723
X-4 Accounts receivableStart of year $27,008$30,848
X-9 Prepaid expenses and deferred chargesStart of year $9,766$19,882
X-10c Land, buildings and equipment, netStart of year $426,916$392,610
X-15 Other assetsStart of year $2,000$2,000
X-16 Total assetsStart of year $748,351$643,063
X-17 Accounts payable and accrued expensesStart of year $26,401$40,516
X-26 Total liabilitiesStart of year $42,701$40,516
X-27 Net assets without donor restrictionsStart of year $687,400$586,547
X-28 Net assets with donor restrictionsStart of year $18,250$16,000
X-32 Total net assets or fund balancesStart of year $705,650$602,547
X-33 Total liabilities and net assetsStart of year $748,351$643,063
Part XI · Reconciliation of net assets $602,547 net assets at year end
XI-1 Total revenue$624,253
XI-2 Total expenses$727,356
XI-3 Revenue less expenses−$103,103
XI-4 Net assets at start of year$705,650
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$602,547

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.