Power Of The Dream Inc
- Assets
- $443.0k
- Revenue
- $479.2k
- Investments
- $0.0
- Employees
- 26
- Location
- Raleigh, NC
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 26-2781679
Organization Overview
Power Of The Dream Inc, operating under the name HANDmeUPs THRIFT STORE, is located in Raleigh, NC. The organization was established in 2009. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, HANDmeUPs THRIFT STORE employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. HANDmeUPs THRIFT STORE 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 12/2023, HANDmeUPs THRIFT STORE generated $479.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $410.0k during the year ending 12/2023. While expenses have increased by 2.8% 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
OUR MISSION IS TO CREATE JOBS AND ADVOCATE FOR ADULTS WITH AUTISM IDD IN THE NORTH CAROLINA TRIANGLE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ENCOURAGE TRADITIONAL EMPLOYMENT THROUGH OUR NETWORK WITH AREA BUSINESSES INTERESTED IN HIRING THE POPULATION WE SERVE AND THROUGH OUR UNIQUE THRIFT STORE HANDMEUPS WHICH WAS CREATED SOLELY FOR THE PURPOSE OF PROVIDING EMPLOYMENT OPPORTUNITIES TO INDIVIDUALS WITH AUTISM AND OR OTHER INTELLECTUAL DEVELOPMENTAL DISABILITIES IDD. OUR EMPLOYEES GAIN AUTHENTIC ON THE JOB EXPERIENCE ACQUIRE VALUABLE TRANSFERABLE SKILLS AND SEVERAL ALSO GAIN ASSISTANT MANAGERIAL SKILLS AND PROVIDE PEER MENTORING ON THE JOB. WE OPERATE HANDMEUPS THRIFT STORE AS AN EMPLOYER OF OUR POPULATION TO SERVE AS AN INSPIRATION TO OTHERS INTERESTED IN STARTING A SMALL BUSINESS TO INCREASE JOBS IN THE COMMUNITY FOR OUR POPULATION.
ENGAGENC'S MISSION IS TO CREATE JOBS FOR ADULTS WITH AUTISM IDD IN THE NC TRIANGLE THROUGH COMMUNITY-FOCUSED EMPLOYMENT INNOVATIONS. ENGAGENC FORMERLY THE POWER OF THE DREAM WAS FOUNDED IN 2008 BY A GROUP OF SELF-ADVOCATES AND FAMILIES IN ORDER TO ASSIST OTHERS IN BETTER UNDERSTANDING MICRO-ENTERPRISE AND ASSET BUILDING. AS THE ORGANIZATION CONNECTED WITH MORE INDIVIDUALS IT WAS CLEAR THAT MANY JOB SEEKERS WITH AUTISM IDD FACED SIGNIFICANT BARRIERS TO EMPLOYMENT. IN 2013 ENGAGENC OPENED HANDMEUPS THRIFT TO PROVIDE DIRECT EMPLOYMENT OPPORTUNITIES AND TO DEMONSTRATE THE VALUE OF EMPLOYING ADULTS WITH AUTISM IDD. OVER THE YEARS ENGAGENC HAS CONTINUED TO PROVIDE ADVICE AND RESOURCES TO MICRO-ENTREPRENEURS AND BUSINESSES WHO ARE INTENTIONAL ABOUT HIRING ADULTS WITH AUTISM IDD. HAVING A LASTING AND MEANINGFUL IMPACT ON THESE INDIVIDUALS' LIVES IS AT THE HEART OF ENGAGENC'S BUSINESS MODEL. WE PLACE EQUAL IMPORTANCE ON CREATING JOBS FOR OUR CLIENT POPULATION AND ASSURING FINANCIAL RETURNS SO THE FUNDS CAN BE RECIRCULATED TO CREATE EVEN MORE JOBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Cunningham VP Sr Exec Advocacy And Outreach | Trustee | 10 | $0 |
Bruce Kirschenbaum President | Trustee | 10 | $0 |
Rita Faust Board Member | Trustee | 10 | $0 |
Andrew Peters Treasurer | Trustee | 10 | $0 |
Taryn Delong Secretary | Trustee | 10 | $0 |
Leslie Boles Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,101 |
| Total Program Service Revenue | $477,021 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $479,156 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $231,549 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,943 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,728 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,449 |
| Office expenses | $22,899 |
| Information technology | $1,590 |
| Royalties | $0 |
| Occupancy | $111,378 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,308 |
| All other expenses | $0 |
| Total functional expenses | $409,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,111 |
| Savings and temporary cash investments | $357,108 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,627 |
| Investments—publicly traded securities | $6,838 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,299 |
| Total assets | $442,983 |
| Accounts payable and accrued expenses | $2,942 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,942 |
| Net assets without donor restrictions | $440,041 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $442,983 |