Summer Dreams
- Assets
- $4.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 95
- Location
- Hunt, TX
- Founding
- 06/1999
- Data as of
- 12/2023
- EIN
- 74-2899917
Organization Overview
Summer Dreams is located in Hunt, TX. The organization was established in 1999. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Summer Dreams employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summer Dreams 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, Summer Dreams generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. 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
TO PROVIDE CHILDREN AND FAMILIES WITH OPPORTUNITIES TO LEARN MORE ABOUT NATURE AND ITS ENVIRONMENT, TO IMPROVE SOCIAL SKILLS, TO DEVELOP LIFE-LONG LEISURE/FITNESS SKILLS AND TO GAIN AN APPRECIATION OF THE OUTDOORS IN A CAMP SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CHILDREN WITH AN OPPORTUNITY TO LEARN MORE ABOUT NATURE AND ITS ENVIRONMENT, TO IMPROVE SOCIAL SKILLS, TO DEVELOP LIFE-LONG LEISURE/FITNESS SKILLS AND TO GAIN AN APPRECIATION OF THE OUTDOORS IN A CAMP SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicia Oakes President | Officer | 40 | $44,090 |
Melissa Burns Vice Preside | Officer | 40 | $38,479 |
Sandra Schmitt Secretary & | Officer | 40 | $50,535 |
Penny Jeffrey Director | Trustee | 0.25 | $0 |
Sharon Seal Director | Trustee | 0.25 | $0 |
Julie Lewis Director | Trustee | 0.25 | $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 | $172,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,089 |
| Total Program Service Revenue | $1,355,143 |
| Investment income | $6,590 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $113 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,534,517 |
| 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. | $133,104 |
| Compensation of current officers, directors, key employees. | $47,917 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $438,591 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,394 |
| Payroll taxes | $40,926 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,709 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,465 |
| Advertising and promotion | $2,508 |
| Office expenses | $33,408 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,219 |
| Travel | $31,749 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,352 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $130,915 |
| Insurance | $107,559 |
| All other expenses | $242,387 |
| Total functional expenses | $1,715,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,212 |
| Savings and temporary cash investments | $191,904 |
| Pledges and grants receivable | $336,686 |
| Accounts receivable, net | $9,294 |
| Loans from Officers, Directors, or Controlling Persons | $20,828 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,131 |
| Net Land, buildings, and equipment | $3,141,665 |
| Investments—publicly traded securities | $213,533 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190,008 |
| Total assets | $4,170,261 |
| Accounts payable and accrued expenses | $44,601 |
| Grants payable | $0 |
| Deferred revenue | $315,172 |
| 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 | $219,142 |
| Other liabilities | $13,850 |
| Total liabilities | $592,765 |
| Net assets without donor restrictions | $3,577,496 |
| 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 | $4,170,261 |