Kidz Dreamz Klub
- Assets
- $318.5k
- Revenue
- $256.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, NC
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-1220258
Organization Overview
Kidz Dreamz Klub is located in Lexington, NC. The organization was established in 2015. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kidz Dreamz Klub 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, Kidz Dreamz Klub generated $256.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $165.8k during the year ending 12/2021. While expenses have increased by 11.1% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHILD DEVELOPMENT PROGRAMS AND ACTIVITIES IN A SAFE FUN AND FRIENDLY ENVIRONMENT FOR SCHOOL-AGE CHILDREN PRE-K AND TODDLERS IN AFTER-SCHOOL AND CHILDCARE SETTINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AFTER-SCHOOL AND SUMMER DAY CAMP
THE PROGRAM AIMS TO REDUCE ADVERSE CHILDHOOD EXPERIENCES IN DAVIDSON DAVIE AND FORSYTH COUNTIES AND INCREASE AWARENESS AND EDUCATION ON THE AVAILABILITY OF RESOURCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laverne Horton Programs Officer | 28 | $12,708 | |
Patrick Horton Executive Director | 55 | $7,700 | |
Richard Akashambatwa Director | 55 | $7,700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,051 |
| Related organizations | $0 |
| Government grants | $8,351 |
| All other contributions, gifts, grants, and similar amounts not included above | $110,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,502 |
| Total Program Service Revenue | $122,810 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,750 |
| 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 | $256,110 |
| 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. | $63,915 |
| Compensation of current officers, directors, key employees. | $63,915 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,915 |
| Advertising and promotion | $0 |
| Office expenses | $1,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,183 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,198 |
| Interest | $12,164 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,042 |
| Insurance | $6,383 |
| All other expenses | $55,069 |
| Total functional expenses | $165,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,305 |
| Savings and temporary cash investments | $19,105 |
| 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 | $210,218 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,826 |
| Total assets | $318,454 |
| Accounts payable and accrued expenses | $2,375 |
| 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 | $2,882 |
| Secured mortgages and notes payable | $169,268 |
| Unsecured mortgages and notes payable | $11,347 |
| Other liabilities | $2,650 |
| Total liabilities | $188,522 |
| Net assets without donor restrictions | $43,419 |
| Net assets with donor restrictions | $86,513 |
| 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 | $318,454 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kidz Dreamz Klub has recieved totaling $5,935.
| Awarding Organization | Amount |
|---|---|
United Way Of Davidson County Inc Lexington, NC PURPOSE: Provide educational programs to students through summer and after school programs | $5,935 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marcus Jewish Community Center Of Atlanta Inc Dunwoody, GA | $54,487,742 | $25,270,095 |
Facets Cares Inc Fairfax, VA | $2,950,010 | $9,480,895 |
Memphis Jewish Community Center Memphis, TN | $30,405,033 | $7,860,258 |
Jewish Community Center Of Northern Virginia Inc Fairfax, VA | $17,090,138 | $11,960,443 |
Jewish Community Center Richmond, VA | $14,901,544 | $5,956,966 |
Arch Roanoke Roanoke, VA | $1,441,019 | $3,512,669 |
Hopkins House-A Center For Children And Their Families Alexandria, VA | $3,040,701 | $2,832,752 |
Neighborhood Christian Centers Inc Memphis, TN | $3,652,686 | $3,458,220 |
United Methodist Neighborhood Centers Inc Chattanooga, TN | $381,920 | $1,660,837 |
House Of Hope Of The Pee Dee Florence, SC | $3,404,182 | $2,836,930 |
Ebenezer Community Support Association Inc Canton, GA | $702,723 | $1,442,766 |
Service Over Self Incorporated Memphis, TN | $3,302,437 | $1,212,248 |