Pattisons D R E A M Academy
- Assets
- $1.8m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 91
- Location
- Charleston, SC
- Founding
- 04/2006
- Data as of
- 06/2023
- EIN
- 20-3419262
Organization Overview
Pattisons D R E A M Academy is located in Charleston, SC. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Pattisons D R E A M Academy employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pattisons D R E A M Academy 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 06/2023, Pattisons D R E A M Academy generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $4.0m during the year ending 06/2023. While expenses have increased by 15.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE FOR CHILDREN WITH MULTIPLE DISABILITIES BY PROVIDING COMPREHENSIVE EDUCATION AND REHABILITATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE 2022-23 SCHOOL YEAR , THE SCHOOL SERVED APPROXIMATELY 48 STUDENTS AND PROVIDED EARLY EDUCATION AND REHABILITATION PROGRAMS FOR 106 MULTI-HANDICAPPED CHILDREN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Sessa Chair | OfficerTrustee | 1 | $0 |
Matt Walton Secretary | OfficerTrustee | 1 | $0 |
Eric Wickstrom Treasurer | OfficerTrustee | 1 | $0 |
John Foreman Board Member | Trustee | 1 | $0 |
Melissa Kelly Board Member | Trustee | 1 | $0 |
Jeff Crudup Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $94,476 |
| Related organizations | $0 |
| Government grants | $3,351,081 |
| All other contributions, gifts, grants, and similar amounts not included above | $284,242 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,729,799 |
| Total Program Service Revenue | $362,360 |
| Investment income | $15,656 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,039 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,093,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $137,745 |
| Compensation of current officers, directors, key employees. | $41,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,179,468 |
| Pension plan accruals and contributions | $20,113 |
| Other employee benefits | $108,535 |
| Payroll taxes | $178,276 |
| Fees for services: Management | $53,988 |
| Fees for services: Legal | $36,834 |
| Fees for services: Accounting | $147,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $397,968 |
| Advertising and promotion | $43,178 |
| Office expenses | $14,348 |
| Information technology | $80,249 |
| Royalties | $0 |
| Occupancy | $27,104 |
| Travel | $33,001 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,636 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,297 |
| Insurance | $25,552 |
| All other expenses | $5,226 |
| Total functional expenses | $4,013,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,416,519 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $173,803 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,905 |
| Net Land, buildings, and equipment | $140,014 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $75,467 |
| Total assets | $1,810,708 |
| Accounts payable and accrued expenses | $468,861 |
| Grants payable | $0 |
| Deferred revenue | $15,173 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $24,326 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $508,360 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,302,348 |
| Total liabilities and net assets/fund balances | $1,810,708 |