Dreams For Schools
- Assets
- $756.9k
- Revenue
- $889.3k
- Investments
- $0.0
- Employees
- 81
- Location
- Irvine, CA
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 36-4683422
Organization Overview
Dreams For Schools is located in Irvine, CA. The organization was established in 2013. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Dreams For Schools employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dreams For Schools 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 12/2021, Dreams For Schools generated $889.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $865.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HELP INSPIRE, CREATE AND EDUCATE STUDENTS TO BE STEAM/STEM LITERATE. THESE ACTIVITIES HELP FULFILL ITS EXEMPT PURPOSE OF WORKING WITH YOUNG PEOPLE IN K-12 EDUCATION SYSTEM BY EXPOSING THEM TO CAREERS IN STEAM/STEM AND PROVIDE THEM WITH MORE OPPORTUNITIES IN STEAM/STEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
K-12 STEAM/STEM CLASSES- DFS IMPLEMENTS STEAM/STEM CLASSES THAT SPAN THE K-12 PIPELINE TO FILL GAPS IN STEAM/STEM PROGRAMMING FOR STUDENTS IN UNDERSERVED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nithin Jilla Executive Directorceo | Officer | 40 | $73,137 |
Mark Percy Chairmancfo | OfficerTrustee | 2 | $0 |
Neil Sahota Director | Trustee | 1 | $0 |
Ramgopal Rao Director | Trustee | 1 | $0 |
Mojdeh Eskandari Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $520,009 |
| Noncash contributions included in lines 1a–1f | $258,719 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $535,009 |
| Total Program Service Revenue | $303,982 |
| Investment income | $266 |
| 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 | $889,286 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $73,138 |
| Compensation of current officers, directors, key employees. | $7,315 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $338,530 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,393 |
| Payroll taxes | $46,787 |
| Fees for services: Management | $887 |
| Fees for services: Legal | $2,490 |
| Fees for services: Accounting | $9,108 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,020 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $241 |
| Advertising and promotion | $266,828 |
| Office expenses | $13,227 |
| Information technology | $7,634 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,209 |
| 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 | $10,597 |
| All other expenses | $27,386 |
| Total functional expenses | $865,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,205 |
| Savings and temporary cash investments | $580,964 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,735 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $756,904 |
| Accounts payable and accrued expenses | $1,538 |
| 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 | $1,538 |
| Net assets without donor restrictions | $755,366 |
| 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 | $756,904 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dreams For Schools has recieved totaling $12,020.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $7,000 |
Oneoc Santa Ana, CA PURPOSE: EDUCATION | $5,020 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Odc San Francisco, CA | $18,884,256 | $5,963,077 |
Alonzo King Lines Ballet San Francisco, CA | $9,671,611 | $7,182,657 |
Nevada Ballet Theatre Las Vegas, NV | $11,399,340 | $6,401,211 |
Western Wall And Ceiling Contractors Association Inc Orange, CA | $12,806,461 | $4,913,418 |
Dancers Group San Francisco, CA | $3,102,725 | $3,484,368 |
A Step Beyond Escondido, CA | $1,957,071 | $1,242,678 |
Bodyvox Inc Portland, OR | $418,420 | $1,456,446 |
Shawl-Anderson Modern Dance Center Berkeley, CA | $2,755,170 | $1,018,727 |
The Dance Brigade A New Group From Wallflower Order San Francisco, CA | $2,045,783 | $2,040,710 |
Project Bandaloop Oakland, CA | $698,917 | $1,438,352 |
San Jose Dance Theatre San Jose, CA | $606,131 | $1,282,889 |
Axis Dance Company Berkeley, CA | $1,958,637 | $1,069,011 |