Gleasons Give A Kid A Dream Inc
- Assets
- $104.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 11-3093704
Organization Overview
Gleasons Give A Kid A Dream Inc is located in Brooklyn, NY. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gleasons Give A Kid A Dream Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gleasons Give A Kid A Dream Inc generated $103.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $151.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE LIVES WE IMPACTWE HAVE FOUND WE MAKE THE MOST IMPACT ON YOUNG ADULTS AGES 13-17. AT FIRST MOST OF OUR PARTICIPANTS DEMONSTRATE FRUSTRATION AND DISAPPOINTMENT AT LIFE AND SEEM CLOSED TO POSITIVE ENERGY OF ANY KIND. THEY APPEAR TO HAVE LOST FAITH AND CONFIDENCE IN PEOPLE AND THEY HAVE ZERO SELF ESTEEM. AS A RESULT MOST OF OUR INTERVIEWS ARE MEET WITH A VERY QUIET YOUNG ADULT THAT EVEN AS WE SPEAK OF THE WONDERFUL JOURNEY THEY ARE ABOUT IN EMBARK ON THEY ARE EMOTIONLESS AND SEEM TO DISCARD EVERY WORD WE SAY.?THE PROGRAM IS DIFFICULT IN THAT THE BOXING TRAINING IS VIGOROUS AND THE TUTORING IS REAL WORK. WE BELIEVE THAT MOST OF OUR PARTICIPANTS HAVE NEVER BEEN CHALLENGED OR PUT TO TASK. AS THE PARTICIPANTS PROGRESS AND MAKE IT THROUGH THE TRAINING SESSIONS WE FIND THE WALLS THEY CREATED BY THEIR LIFE EXPERIENCE START TO FADE AND A WONDERFUL AND MORE HAPPY YOUNG ADULT EMERGES. FROM THERE WE PUSH LIKE HECK TO SEE HOW FAR WE CAN MAKE THEM REACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Silverglade President | 0 | $0 | |
Pietro D'alessio Treasurer | 0 | $0 | |
Philip Tesoriero Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,001 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,001 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,095 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90,296 |
| Total expenses | $151,391 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,410 |
| Other assets | $0 |
| Total assets | $104,410 |
| Total liabilities | $92,964 |
| Net assets or fund balances | $11,446 |
Grants Awarded
Over the last fiscal year, Gleasons Give A Kid A Dream Inc has awarded $95,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GARY SINISE FOUNDATION PURPOSE: VETERAN SUPPORT. | $46,000 |
MARINE CORPS-LAW ENFORCEMENT FOUNDA PURPOSE: VETERAN SUPPORT | $45,000 |
THE CHILDRENS COMMUNITY PROGRAMS OF PURPOSE: INNER CITY YOUTH DEVELOPMENT | $4,000 |