Street Dreamz Foundation Inc
- Assets
- $5.8k
- Revenue
- $100.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/2015
- Data as of
- 12/2019
- EIN
- 47-5077583
Organization Overview
Street Dreamz Foundation Inc is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Street Dreamz Foundation Inc 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 12/2019, Street Dreamz Foundation Inc generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $94.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 4 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE FOR WHICH THIS CORPORATION IS ORGANIZED IS TO PROVIDE SUPPORT TO THE COMMUNITY AT-LARGE THROUGH MENTORING AND EDUCATION IN ALL ASPECTS OF THE ORGANIZATION BY PROMOTING VALUES AND EDUCATION FOR THE YOUTH OF THE COMMUNITY AT-LARGE THROUGHOUT THE GEORGIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL BACK-TO-SCHOOL GIVEAWAY AND ONGOING LEADERSHIP TRAINING FOR HIGH SCHOOL AT-RISK YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Jenkins Chairman | OfficerTrustee | 20 | $0 |
Solomon Fornie Treasurer | Trustee | 5 | $0 |
Kwanza Hall Board Member | Trustee | 0 | $0 |
Ken Austin Board Member | Trustee | 0 | $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 | $50,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $50,000 |
| Investment income | $0 |
| 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 | $100,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $131 |
| Advertising and promotion | $3,350 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $4,450 |
| All other expenses | $0 |
| Total functional expenses | $94,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,804 |
| 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 | $5,804 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $5,804 |
| 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 | $5,804 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Street Dreamz Foundation Inc has recieved totaling $76,550.
| Awarding Organization | Amount |
|---|---|
The Tony Robbins Foundation San Diego, CA PURPOSE: PROVIDE BIKES FOR UNDERSERVED YOUTH | $50,000 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: YOUTH DEVELOPMENT | $10,000 |
Givinga Foundation Inc Wellesley, MA PURPOSE: PROGRAM SUPPORT | $8,275 |
Givinga Foundation Inc Wellesley, MA PURPOSE: PROGRAM SUPPORT | $8,275 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brighter Future Employment Services Columbia, SC | $997,327 | $6,378,296 |
Tennessee Valley Training Center Inc Decatur, AL | $4,569,166 | $4,692,436 |
Georgia Pharmaceutical Association Inc Sandy Springs, GA | $13,357,090 | $2,850,943 |
The Coalition Of Immokalee Workers Inc Immokalee, FL | $7,541,951 | $2,948,034 |
Automobile Dealers Association Of Alabama Incorporated Montgomery, AL | $6,947,629 | $1,883,095 |
Aryeetey Loving Heart Foundation Inc Atlanta, GA | $68,764 | $1,186,888 |
Americas Newspapers Lawrenceville, GA | $599,653 | $1,104,465 |
Quiltss Institute Franklin, TN | $1,195,986 | $448,866 |
Florida Pharmacy Association Tallahassee, FL | $2,390,876 | $1,147,407 |
Center For Independent Employees Spartanburg, SC | $101,855 | $620,648 |
Craft Training Employment Birmingham, AL | $192,241 | $628,534 |
Motivated By People Community Foundation Inc Atlanta, GA | $9,500 | $501,367 |