Samarc Dream And Achieve Foundation Inc
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Conyers, GA
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 59-3824611
Organization Overview
Samarc Dream And Achieve Foundation Inc is located in Conyers, GA. The organization was established in 2006. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samarc Dream And Achieve 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 12/2022, Samarc Dream And Achieve Foundation Inc generated $51.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $55.4k during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATIONS PRIMARY EXEMPT PURPOSE IS TO RAISE THE EDUCATIONAL AND SOCIAL LEVELS OF DISADVANTAGED YOUTH RESIDING IN COLUMBUS, GA. MANY OF THESE ARE MEMBERS OF THE MINORITY COMMUNITY WHOSE PARENTS ARE UNEMPLOYED OR SUBSTANTIALLY UNDEREMPLOYED AND WHOSE INCOME IS BELOW FEDERAL POVERTY GUIDELINES. WE WORK WITH OTHER COMMUNITY ORGANIZATIONS TO PROVIDE EDUCATIONAL AND SOCIAL OPPORTUNITIES THAT WOULD OTHERWISE NOT BE AVAILABLE TO THESE YOUNG PEOPLE. IN DOING SO, WE HELP THEM BUILD A FOUNDATION THAT WILL ALLOW THEM TO RISE ABOVE THE POVERTY, CRIME AND OTHER NEGATIVE INFLUENCES OF THEIR USUAL ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Mitchell Ceo/director | 0 | $0 | |
Daryl Jones Director | 0 | $0 | |
Debra Upshaw Secretary/dir. | 0 | $0 | |
Marc Upshaw Cfo/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,991 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,991 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,576 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,327 |
| Other expenses | $39,494 |
| Total expenses | $55,397 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,684 |
| Other assets | $0 |
| Total assets | $1,684 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,684 |
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