Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
76 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
6 people listed on the 990; $97K paid to officers and key staff.
Michael Woods’s $100K as President & CEO is at the 26th percentile of top reported officer pay among 1552 $1–10M youth development 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 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|
| Michael Woods | $100,000 | $97,115 | $98,269 | $64,731 |
| Neal Richardson | — | — | — | $7,308 |
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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Educates young people about economic principles.
Questions for Dream Builders 4 Equity
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Real Estate Program- DB4E actively addresses the vacant home and building epidemic in North City by rehabilitating and reimagining previously vacant properties. This initiative expands economic opportunities for minority contractors, fosters community business growth, and establishes sustained long-term momentum and investment in Hyde…
The Summer Build Academy is an eight-week program at the heart of DB4E's youth-driven community transformation. It equips participants aged 16-24 with essential tools, resources, and support, enabling them to thrive and lead in various aspects of life.
HOV House of Vision (HOV) is a vibrant community store that highlights locally made clothing, art, books, and other products created by youth and community members. As a catalyst for successful entrepreneurship, HOV removes barriers and risks, providing a safe training ground for our youth and local residents.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $475K | $212K |
| Land, buildings, equipmentLn 10c | $700K | $755K |
| Total assetsLn 16 | $1.6M | $1.3M |
| LiabilitiesLn 26 | $284K | $124K |
| Net assetsLn 32 | $1.3M | $1.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $7K | $7K | ||
| Grants to domestic individualsLn 2 | $113K | $113K | ||
| Grants and assistance to foreign recipientsLn 3 | $0 | $0 | ||
| Benefits paid to or for membersLn 4 | $0 | $0 | ||
| Pay of current officers, directors and key staffLn 5 | $97K | $68K | $15K | $15K |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $205K | $103K | $58K | $45K |
| Other employee benefitsLn 9 | $25K | $16K | $6K | $3K |
| Payroll taxesLn 10 | $23K | $15K | $4K | $3K |
| Accounting feesLn 11c | $42K | $42K | ||
| Other fees for servicesLn 11g | $452K | $412K | $39K | |
| Advertising and promotionLn 12 | $2K | $108 | $2K | $100 |
| Office expensesLn 13 | $13K | $10K | $2K | $0 |
| Information technologyLn 14 | $15K | $530 | $14K | $494 |
| OccupancyLn 16 | $129K | $102K | $19K | $8K |
| TravelLn 17 | $5K | $865 | $5K | |
| Conferences, conventions and meetingsLn 19 | $51K | $48K | $2K | |
| InterestLn 20 | $4K | $4K | ||
| Depreciation, depletion and amortizationLn 22 | $38K | $25K | $7K | $6K |
| InsuranceLn 23 | $22K | $15K | $4K | $3K |
| Other expenses (24a–d)Ln 24 | $63K | $61K | $1K | $114 |
| All other expensesLn 24e | $13K | $11K | $2K | |
| Total functional expensesLn 25 | $1.3M | $1.0M | $226K | $84K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $1.2M | $1.4M | −$153K | $1.1M | 990 PDF |
| FY2023 Viewing | $1.3M | $1.3M | −$53K | $1.2M | 990 PDF |
| FY2022 | $1.5M | $852K | $648K | $1.3M | 990 PDF |
| FY2021 | $1.1M | $895K | $239K | $623K | 990 PDF |
| FY2020 | $638K | $376K | $262K | $386K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $1,265,356 revenue, 12 lines filed
Part VI · Governance 5 of 6 board members independent, 1 to look at
Part VIII · Statement of revenue $1,265,356 across 16 lines filed
Part IX · Statement of functional expenses $1,318,424 across 22 lines filed
Part X · Balance sheet $1,338,296 assets, 14 lines filed
Part XI · Reconciliation of net assets $1,214,302 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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