Dream Lighter Inc

Nonprofit profile at a glance

EIN
822127290
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-EZ 2018, Form 990-N 2021
Location
Jackson Heights, NY, USA
Phone
8007187606
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy

Official website

Reported finances

Revenue
$910,461
Expenses
$875,911
Assets
$5,697,330
Liabilities
$1,893,890

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Debrota Mondal (President CEO)

People named in this filing

  • Hosne ara Begum (Chairman)
  • Debrota Mondal (President CEO)
  • Iqbal h Ansary (Director of marketing)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dream Lighter is a 501c3 nonprofit Organization established in 2017 in response to the felt needs of the locality by the active initiative of social workers, development professionals and educationists to Empower the people especially who are in disposition. Contd. Schedule O

What it reported doing in 2024

EmpowerHer South Asian Women Advancement Program serves approximately 2,000 low-income South Asian immigrant women in New York City, many of skilled roles whom work in coffee shops, restaurants, grocery stores, and gift shops. Over 50 are pressures. The organization employed in low- due to language barriers and limited access to training, often facing social and family discrimination with an average has conducted more than 40 educational and skills-based training sessions covering English as a Second Language ESL, skills development, job readiness, and financial literacy get attendance of 50 to 60 women per session. In addition, Dream Lighter has organized six large-scale outdoor conferences, each attended by approximately 500 women, Through these combined initiatives, The program provides ESL classes, basic computer and software training, providing access to education, resources, mentorship, and employment guidance in a supportive community setting. Training, skill development workshops, health and nutrition education, legal aid, and job placement support, contd SCH O

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 58
  • Accountability: 76
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.7%; rating input score 76
  • Program expense ratio: 78.7%; rating input score 79
  • Fundraising efficiency: $25.88 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 64.3%; rating input score 64; 0th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.8%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 6.5; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 22.6% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 28.3% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 46.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 75.7% of revenue deployed · 78.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $1.4M in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 25 of 30 current checks pass · 5 findings to review
  • Schedules: 6 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX FeesForServicesProfFundraising column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.