Dream

What it reported doing in 2024

Program a: real kidsdream's real kids program provides free, high-quality afterschool and summer programming for children in grades k5 across east harlem and the south bronx. By combining academic instruction, sports-based youth development, and social-emotional learning, dream helps students build the skills and confidence to thrive in school and beyond. The program combats summer learning loss, promotes mental health and physical wellness, and fosters leadership and teamwork through structured play and enrichment. Program b: legendsdream's legends college and career readiness program serves dream charter high school graduates for six years after graduation through a one-on-one, case management model. Today, we operate a dual-track program that empowers students to pursue college or directly enter the workforce; and we provide them with the wrap-around support to succeed in their chosen pathway. The ultimate goal is for youth to pursue and complete a best-fit postsecondary path that equips them to fulfill their vision of success and achieve a career that facilitates stability and agency.program c: athletics, health and wellnessas harlem rbi was founded as a summer baseball league, health and wellness remains a core part of our organization today. Since then, we have expanded to include a host of other team-based activities as part of our offerings including basketball, soccer, lacrosse, swimming, dance, and so much more. In addition, harlem rbi invests in the mental and physical health of our students. We offer robust physical activity, mental health support services, and free, nationally recognized afterschool and summer sports-based programs that help our participants become confident, competent, and caring community members who know what it means to be part of a team.

Financial Efficiency

• Mission deployment rate: 78.3%; rating input score 78
• Program expense ratio: 78.6%; rating input score 79
• Fundraising efficiency: $4.84 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 95.3%; rating input score 95; 25th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.4%; rating input score 34; 34th percentile among comparable filings
• Total-asset coverage ratio: 8.5; rating input score 90; 90th percentile among comparable filings
• Liabilities to assets ratio: 0.77; rating input score 15; 15th percentile among comparable filings
• Officer compensation ratio: 7.9%; rating input score 30; 30th percentile among comparable filings

Growth

• Program expense growth: 11.8% per year; rating input score 100; 76th percentile among comparable filings
• Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
• Asset growth: 18.4% per year; rating input score 100; 87th percentile among comparable filings