Gleasons Give a Kid a Dream Inc Dba Gleasons Athletic Club
Nonprofit profile at a glance
- EIN
- 113093704
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-PF 2019
- Location
- Brooklyn, NY, USA
- Phone
- 7187972872
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $188,496
- Expenses
- $181,583
- Assets
- $79,805
- Liabilities
- $85,798
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- BRUCE SILVERGLADE (President)
People named in this filing
- BRUCE SILVERGLADE (President)
- PIETRO D'ALESSIO (Treasurer)
- PHILIP TESORIERO (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Lives We ImpactWe have found we make the most impact on young adults ages 13-17.At first most of our participants demonstrate frustration and disappointment at life and seem closed to positive energy of any kind. They appear to have lost faith and confidence in people and they have zero self esteem.As a result most of our interviews are meet with a very quiet young adult that even as we speak of the wonderful journey they are about in embark on they are emotionless and seem to discard every word we say.The program is difficult in that the boxing training is vigorous and the tutoring is real work. We believe that most of our participants have never been challenged or put to task. As the participants progress and make it through the training sessions we find the walls they created by their life experience start to fade and a wonderful and more happy young adult emerges. From there we push like heck to see how far we can make them reach.
What it reported doing in 2024
The Lives We ImpactWe have found we make the most impact on young adults ages 13-17. At first most of our participants demonstrate frustration and disappointment at life and seem closed to positive energy of any kind. They appear to have lost faith and confidence in people and they have zero self esteem. As a result most of our interviews are meet with a very quiet young adult that even as we speak of the wonderful journey they are about in embark on they are emotionless and seem to discard every word we say.? The program is difficult in that the boxing training is vigorous and the tutoring is real work. We believe that most of our participants have never been challenged or put to task. As the participants progress and make it through the training sessions we find the walls they created by their life experience start to fade and a wonderful and more happy young adult emerges. From there we push like heck to see how far we can make them reach.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.7%; rating input score 56
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.7%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 1.08; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 51.9% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: -19.3% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 55.7% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.