I Have A Dream Foundation-Los Angeles
- Assets
- $2.8m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 14
- Location
- Los Angeles, CA
- Founding
- 05/1997
- Data as of
- 06/2021
- EIN
- 95-4089758
Organization Overview
I Have A Dream Foundation-Los Angeles is located in Los Angeles, CA. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, I Have A Dream Foundation-Los Angeles employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Have A Dream Foundation-Los Angeles 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 06/2021, I Have A Dream Foundation-Los Angeles generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE "I HAVE A DREAM" FOUNDATION'S MISSION IS TO EMPOWER CHILDREN FROM UNDER-RESOURCED COMMUNITIES TO SUCCEED IN SCHOOL, COLLEGE, AND CAREER BY PROVIDING ACADEMIC, SOCIAL, AND EMOTIONAL SUPPORT FROM ELEMENTARY SCHOOL THROUGH COLLEGE, ALONG WITH POSTSECONDARY TUITION ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO PROVIDE OUR DREAMER SCHOLARS WITH THE ACADEMIC, SOCIO-EMOTIONAL, AND CULTURAL RESOURCES TO HELP THEM DEVELOP THE SKILLS NEEDED TO GRADUATE FROM HIGH SCHOOL AND TO AND THROUGH A COLLEGE EDUCATION. WE SERVE OUR DREAM SCHOLARS FOR 12+ CONSECUTIVE YEARS FROM FIRST GRADE TO HIGH SCHOOL, AND THEN TO AND THROUGH COLLEGE HELPING THEM EFFECTIVELY NAVIGATE AN EDUCATIONAL PATHWAY TO AN EMPOWERED FUTURE. UNIQUE AMONG EDUCATION CHARITIES, IHADLA OFFERS THE ONLY ACADEMIC, SOCIO-EMOTIONAL AND FAMILY ASSISTANCE PROGRAM THAT IS IN SCHOOL, AFTER SCHOOL, YEAR-ROUND, AND LONG-TERM. WE CURRENTLY SERVE NEARLY 314+ YOUTH ACROSS 20 PROGRAMS FROM THE UNDERSERVED COMMUNITIES OF BOYLE HEIGHTS, WATTS & INGLEWOOD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela R Miller Executive Director(td 10/15/20) | Officer | 40 | $142,622 |
Janell Lewis Executive Director/interim | Officer | 40 | $108,164 |
Ron Camhi Board Chairperson | OfficerTrustee | 1 | $0 |
Christiane Cuse Secretary | OfficerTrustee | 1 | $0 |
Michelle Alfonso Board Member | Trustee | 1 | $0 |
Terence Carter Board Member | Trustee | 1 | $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 | $1,348,735 |
| Noncash contributions included in lines 1a–1f | $681,091 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,348,735 |
| Total Program Service Revenue | $0 |
| Investment income | $21,189 |
| 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 | $1,370,788 |
| 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. | $250,786 |
| Compensation of current officers, directors, key employees. | $42,634 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,944 |
| Pension plan accruals and contributions | $71,740 |
| Other employee benefits | $50,621 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $124,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,300 |
| Advertising and promotion | $0 |
| Office expenses | $24,470 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,912 |
| Travel | $232 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,602 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,860 |
| Insurance | $20,690 |
| All other expenses | $0 |
| Total functional expenses | $1,189,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,032 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $69,482 |
| 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 | $18,258 |
| Net Land, buildings, and equipment | $3,662 |
| Investments—publicly traded securities | $2,567,923 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,753,357 |
| Accounts payable and accrued expenses | $36,968 |
| 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 | $294,043 |
| Other liabilities | $0 |
| Total liabilities | $331,011 |
| Net assets without donor restrictions | $1,218,581 |
| Net assets with donor restrictions | $1,203,765 |
| 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 | $2,753,357 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that I Have A Dream Foundation-Los Angeles has recieved totaling $58,635.
| Awarding Organization | Amount |
|---|---|
Venable Baetjer And Howard Foundation Baltimore, MD PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
The Play Equity Fund Los Angeles, CA PURPOSE: PROGRAM SUPPORT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,769 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,724 |
The Confidence Foundation South Pasadena, CA PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Albatross Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Endowment Analysis
| Beg. Balance | $1,351,350 |
| Earnings | $362,718 |
| Ending Balance | $1,714,068 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Coalition Of Homeless Services Providers Seaside, CA | $4,824,470 | $13,798,349 |
Applied Materials Foundation Santa Clara, CA | $3,893,946 | $2,033,120 |
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |
The Center For Common Concerns Inc San Francisco, CA | $4,578,561 | $9,221,724 |
Lacentra-Sumerlin Foundation Santa Barbara, CA | $23,655,418 | $9,034,857 |
Nevada H A N D Inc Las Vegas, NV | $77,122,058 | $13,558,861 |
Los Angeles Brotherhood Crusade - Black United Fund Inc Los Angeles, CA | $11,518,152 | $7,122,704 |
Ninos Latinos Unidos Foster Family Agency Bellflower, CA | $3,255,645 | $6,207,449 |
Earn Inc San Francisco, CA | $4,666,013 | $6,096,745 |