Dream Builders 4 Equity is located in St Louis, MO. The organization was established in 2016. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 12/2022, Dream Builders 4 Equity employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Builders 4 Equity 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, Dream Builders 4 Equity generated $1.5m in total revenue. All expenses for the organization totaled $852.3k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP ECONOMICALLY SUSTAINABLE AND SOCIALLY ENGAGED COMMUNITIES BY GROWING EQUITY FOR YOUTH, BUSINESSES, RESIDENTS, AND REAL ESTATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DB4E ACTIVELY ADDRESSES THE VACANT HOME AND BUILDING EPIDEMIC IN NORTH CITY BY REHABILITATING AND REIMAGINING PREVIOUSLY VACANT PROPERTIES, THEREBY EXPANDING ECONOMIC OPPORTUNITIES FOR MINORITY CONTRACTORS, CREATING SPACE FOR COMMUNITY BUSINESS GROWTH, AND ESTABLISHING SUSTAINED LONG-TERM MOMENTUM AND INVESTMENT IN HYDE PARK. DB4E SUCCESSFULLY REVITALIZED A PREVIOUSLY VACANT PROPERTY WHILE EXPOSING YOUTH AGES 16-24 TO THE REHABILITATION PROCESS. THIS EFFORT CULMINATED IN THE SALE OF THE HOME TO A FIRST-TIME HOMEOWNER. WE CURRENTLY HAVE THREE ACTIVE REHABILITATION PROJECTS IN HYDE PARK, WHICH DIRECTLY CONTRIBUTE TO THE ONGOING RENEWAL OF THE ST. LOUIS COMMUNITY. AS PART OF OUR COMMITMENT TO THE COMMUNITY, WE FACILITATED TWO FREE HOME REPAIRS IN HYDE PARK. ADDITIONALLY, WE PROVIDED FREE LANDSCAPING SERVICES FOR THE ENTIRE GRASS-CUTTING SEASON TO 50 SENIORS IN THE HYDE PARK NEIGHBORHOOD, CONTRIBUTING TO NEIGHBORHOOD BEAUTIFICATION AND SUPPORTING THE WELL-BEING OF SENIORS.
THE SUMMER BUILD ACADEMY, AN 8-WEEK PROGRAM, SERVES AS THE CORE OF DB4E'S YOUTH-DRIVEN COMMUNITY TRANSFORMATION, PROVIDING PARTICIPANTS AGES 16-24 WITH ESSENTIAL TOOLS, RESOURCES, SUPPORT, AND EXPOSURE TO THRIVE AND LEAD IN VARIOUS ASPECTS OF LIFE. THROUGHOUT THE SUMMER, THEY CONTRIBUTE TO COMMUNITY DEVELOPMENT PROJECTS AND JOURNAL ABOUT THEIR EXPERIENCES. THEIR WRITINGS ARE PUBLISHED IN A BOOK, WITH PROCEEDS GOING DIRECTLY TO THE YOUTH. FOLLOWING THE ACADEMY, THEY'RE PARTNERED WITH MENTORS, HAVE THE OPPORTUNITY TO EARN MONEY THROUGH PROPERTY REHABILITATION AND TEACHING CHESS, PARTICIPATE IN MONTHLY EVENTS, AND HAVE ACCESS TO FREE THERAPY. A TOTAL OF 36 YOUNG PEOPLE COMPLETED THE 2022 SUMMER BUILD ACADEMY COHORT, INVESTING A COLLECTIVE 7,317 HOURS TOWARDS TRANSFORMING THEMSELVES AND THE HYDE PARK COMMUNITY. 98% OF THE PARTICIPANTS ARE ON TRACK TO GRADUATE FROM SECONDARY, POSTSECONDARY EDUCATION, OR TRADE SCHOOL OR ARE CURRENTLY GAINFULLY EMPLOYED. THE PROGRAM PARTICIPANTS COLLABORATED ON A BOOK OF POETRY AND PERSONAL STORIES TITLED "BRICK BY BRICK". THEY ALSO WORKED TOGETHER ON A JOINT MUSICAL ALBUM, WHICH WAS SHOWCASED AT THEIR BOOK SIGNING EVENT.
HOV HOUSE OF VISION (HOV) IS A COMMUNITY STORE THAT SHOWCASES LOCALLY-MADE CLOTHING, ART, BOOKS, AND OTHER PRODUCTS CREATED BY YOUTH AND COMMUNITY MEMBERS. AS A CATALYST AND ENTRY POINT INTO SUCCESSFUL ENTREPRENEURSHIP, HOV REMOVES BARRIERS AND RISKS, PROVIDING A SAFE TRAINING GROUND FOR OUR YOUTH AND COMMUNITY MEMBERS. HOV IS PIVOTAL IN OUR COMPREHENSIVE STRATEGY FOR TRANSFORMING NORTH ST. LOUIS CITY. WE UNDERSTAND THAT CREATING A PROSPEROUS COMMUNITY REQUIRES MORE THAN JUST REHABILITATING HOMES. IT ALSO INVOLVES ESSENTIAL ELEMENTS SUCH AS RETAIL STORES, GROCERY STORES, CHILDCARE FACILITIES, AND MORE. HOV ACTIVELY CONTRIBUTES TO BUILDING UP OUR COMMUNITY, SERVING AS ONE OF THESE VITAL NEEDS AND ENCOURAGING BUSINESSES TO EITHER RETURN TO THE NORTH OR ESTABLISH THEMSELVES IN THE AREA. ADDITIONALLY, HOV OPERATES AS A PRINT AND EMBROIDERY SHOP FOR EXTERNAL BUSINESSES, WITH OUR YOUTH SERVING AS STAFF EMPLOYEES. THIS INTEGRATED MODEL REFLECTS OUR COMMITMENT TO NURTURING TALENTS, FOSTERING ENTREPRENEURSHIP, AND CONTRIBUTING TO EQUITY IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Woods President And CEO | OfficerTrustee | 40 | $98,269 |
Dr Jana Haywood Treasurer | OfficerTrustee | 2 | $0 |
Adrienne Eaglin Secretary | OfficerTrustee | 2 | $0 |
Adam Layne Board Member | Trustee | 2 | $0 |
Mark Butler Board Member | Trustee | 2 | $0 |
Dr Kanika Cunningham Board Member | Trustee | 2 | $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 | $1,490,871 |
Noncash contributions included in lines 1a–1f | $570,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,490,871 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $51,471 |
Net Gain/Loss on Asset Sales | -$45,267 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $3,215 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,500,290 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
Grants and other assistance to domestic individuals. | $94,762 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $98,269 |
Compensation of current officers, directors, key employees. | $14,741 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $159,768 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $58,334 |
Payroll taxes | $19,592 |
Fees for services: Management | $55,681 |
Fees for services: Legal | $16,756 |
Fees for services: Accounting | $11,520 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $114,397 |
Advertising and promotion | $666 |
Office expenses | $7,350 |
Information technology | $5,598 |
Royalties | $0 |
Occupancy | $60,238 |
Travel | $7,568 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,876 |
Interest | $11,690 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,471 |
Insurance | $39,306 |
All other expenses | $36,766 |
Total functional expenses | $852,266 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $244,321 |
Savings and temporary cash investments | $230,187 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,260 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $353,935 |
Prepaid expenses and deferred charges | $2,888 |
Net Land, buildings, and equipment | $699,538 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $29,088 |
Total assets | $1,571,217 |
Accounts payable and accrued expenses | $11,402 |
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 | $231,633 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $41,160 |
Total liabilities | $284,195 |
Net assets without donor restrictions | $1,287,022 |
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 | $1,571,217 |