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 12/2023, 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 12/2023, Dreamwakers generated $237.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $313.9k during the year ending 12/2023. While expenses have increased by 6.5% per year over the past 7 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
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 MODELS WITH STUDENT IN UNDER- RESOURCED SCHOOLS ACROSS THE U.S., SHEDDING LIGHT ON THE REAL-WORLD APPLICABILITY OF COURSE LESSONS WHILE INSPIRING THE NEXT GENERATION OF LEADERS TO ENVISION AND PREPARE FOR THEIR OWN FUTURE. FROM FUNDING THROUGH 2023,DREAMWAKERS HAS SERVED 50,000+ STUDENTS ACROSS 46 STATES AND DC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Monica Gray Logothetis Co-Founder & Director | Trustee | 0.5 | $0 |
Annie Medaglia Co-Founder & President | OfficerTrustee | 1 | $0 |
Ahiza Garcia-Hodges Director | Trustee | 0.5 | $0 |
Gregory Lorjuste Director | Trustee | 0.5 | $0 |
Abbie Klinghoffer Secretary | OfficerTrustee | 0.5 | $0 |
Juliette Dallas-Feeney Treasurer | OfficerTrustee | 0.5 | $0 |
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 | $237,106 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $237,106 |
Total Program Service Revenue | $0 |
Investment income | $6 |
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 | $237,112 |
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 | $246,281 |
Pension plan accruals and contributions | $214 |
Other employee benefits | $8,378 |
Payroll taxes | $20,777 |
Fees for services: Management | $17,751 |
Fees for services: Legal | $0 |
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 | $3,156 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $18 |
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 | $1,573 |
All other expenses | $9,195 |
Total functional expenses | $313,943 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,773 |
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 | $22,773 |
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 | $475,128 |
Other liabilities | $0 |
Total liabilities | $475,128 |
Net assets without donor restrictions | -$452,355 |
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 | $22,773 |
Organization Name | Assets | Revenue |
---|---|---|
Adoption Exchange Association Inc Linthicum, MD | $2,508,201 | $7,198,612 |
The Barker Adoption Foundation Bethesda, MD | $3,608,933 | $3,912,127 |
National Council For Adoption Alexandria, VA | $2,322,010 | $984,094 |
Congressional Coalition On Adoption Institute Washington, DC | $527,657 | $893,902 |
America World Adoption Association Mclean, VA | $85,789 | $547,239 |
Cradle Of Hope Adoption Center Inc Silver Spring, MD | $1,794,151 | $731,350 |
Dreamwakers Washington, DC | $22,773 | $237,112 |
Adoption Makes Family Inc Cockeysville, MD | $907,183 | $150,442 |
American Adoption Congress Washington, DC | $338,549 | $0 |
Empowering Our Youth Foundation Aldie, VA | $0 | $0 |
Adopolis Inc Washington, DC | $153,788 | $0 |
Bandits Adoption And Rescue Of K-9s Inc Ashland, VA | $327,484 | $44,027 |
International Care Inc Bel Air, MD | $7,110 | $0 |
Fridays Child Adoption Services Inc Winchester, VA | $29,321 | $0 |
Autumn Adoptions Inc Lorton, VA | $8,235 | $0 |