Dreamwakers
- Assets
- $326.4k
- Revenue
- $179.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 47-1841701
Organization Overview
Dreamwakers is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2021, Dreamwakers employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dreamwakers 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, Dreamwakers generated $179.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $301.7k 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
DREAMWAKERS CONNECTS CLASSROOMS TO CAREER ROLE MODELS OVER VIDEO CHAT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLASHCHATS: VIRTUALLY CONNECTING EXCEPTIONAL CAREER ROLE MODELS WITH STUDENTS IN UNDER-RESOURCED SCHOOLS ACROSS THE U.S. FROM FOUNDING TO DATE, DREAMWAKERS HAS SERVED 34,000+ STUDENTS IN 44 STATES AND DC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie Medaglia Co-Founder, Treasurer And Secretary | OfficerTrustee | 5 | $0 |
Monica Gray Logothetis Co-Founder & Ceo, President | OfficerTrustee | 30 | $0 |
Ahiza Garcia-Hodges Director | Trustee | 0.5 | $0 |
Gregory Lorjuste Director | Trustee | 0.5 | $0 |
Abbie Klinghoffer Director | Trustee | 0.5 | $0 |
Juliette Dallas-Feeney Director | Trustee | 0.5 | $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 | $179,530 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,530 |
| Total Program Service Revenue | $0 |
| Investment income | $30 |
| 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 | $179,560 |
| 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 | $205,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,949 |
| Payroll taxes | $17,894 |
| Fees for services: Management | $41,843 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $6,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,828 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $76 |
| 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 | $1,006 |
| All other expenses | $10,572 |
| Total functional expenses | $301,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326,440 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $326,440 |
| Accounts payable and accrued expenses | $0 |
| 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 | $501,648 |
| Other liabilities | $0 |
| Total liabilities | $501,648 |
| Net assets without donor restrictions | -$175,208 |
| 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 | $326,440 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Dreamwakers has recieved totaling $31,697.
| Awarding Organization | Amount |
|---|---|
Universal Music All Together Now Foundation Inc Santa Monica, CA PURPOSE: EDUCATION BACK TO SCHOOL | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,482 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $215 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adoption Exchange Association Inc Linthicum, MD | $2,268,874 | $6,440,305 |
The Barker Adoption Foundation Bethesda, MD | $2,101,443 | $3,852,713 |
National Council For Adoption Alexandria, VA | $1,556,052 | $937,635 |
Cradle Of Hope Adoption Center Inc Silver Spring, MD | $1,632,963 | $570,726 |
Congressional Coalition On Adoption Institute Washington, DC | $347,769 | $723,659 |
America World Adoption Association Mclean, VA | $107,164 | $560,489 |
Empowering Our Youth Foundation Manassas, VA | $116,557 | $385,680 |
Dreamwakers Washington, DC | $326,440 | $179,560 |
Global Adoption Services Inc Bel Air, MD | $141,304 | $0 |
American Adoption Congress Washington, DC | $338,549 | $0 |
Adopolis Inc Washington, DC | $120,984 | $0 |
Adoption Makes Family Inc Cockeysville, MD | $997,176 | $185,952 |