How Big Is Your Dream Foundation

Nonprofit profile at a glance

EIN
451583165
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2012, Form 990-N 2023
Location
Lithonia, GA, USA
Phone
6787124348
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$288,599
Expenses
$20,262
Assets
$0
Liabilities
$0

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

Leadership & pay

2 people listed

Executive titles in this filing

  • Lisa Brown (Executive Director)
  • Jorel Flynn (CEO)

People named in this filing

  • Lisa Brown (Executive Director)
  • Jorel Flynn (CEO)

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

How Big Is Your Dream?! Foundation allows students to Dream Big while learning from seasoned industry professionals. Our students understand contemporary sound across diverse genres, develop skills in organizing creative concepts and collaborating with teams or bands, and gain an enhanced confidence and refined delivery to achieve a more mature artistic presence.To establish a platform that fosters learning and performance, enabling mastery of diverse talents.The How Big Is Your Dream?! Summer M.A.D.E. Academy of the Arts is a powerful, 3-week immersive experience designed to cultivate the next generation of artists, creators, and dreamers. Open to students ages 1018, this summer session offers a rare opportunity for youth to explore and sharpen their artistic abilities in a professional, yet nurturing environment no advanced experience required.

What it reported doing in 2024

Winter Bash & Our Soundtrack In American Music -The Music Masters programming expands the offering of HBIYD?! master level training by providing a historical foundation of the music and art that the students learn and perform. Scholars note that studying history helps us better develop an understanding of the world and grapple with complex questions and dilemmas by examining how the past has shaped (and continues to shape) societies, cultures, ideologies, relationships, and people. For children, immersion into history through reenactments of historical experiences makes the experience come alive and becomes more impactful and impressionable. The purpose of providing a history component is to further solidify the students relationship and commitment to the art they perform. Connecting them with artist from the past and some from the present and showing them how their music can relate to healing depression, anxiety, and provide coping mechanisms that industry professions are faced with on a regular basis. These discussions and applications will build cultural pride, appreciation, and inspire student-artists to overcome challenges that arise from changes in their everyday lives privately and as a global society. The student-artists will be able to identify with artists of historical significance as well as set new levels of achievement for themselves as they perfect their craft and apply coping skills to various situations. Music Masters will include the foundations M.A.D.E. programming (instruction from professionals) which will also include a platform in which the students will fully engage in the artistic expression and performance of selected works in the Inspirational and Soul genres through song writing, lyric discussion, music improvisation, receptive music listening, musical arrangement and performance, dance choreography and performance, stage presence and production. During the sessions, a performance video completely created, produced, staged, and performed by the students in the program using a historical outline, genre selection, and performance criteria will be produced. The student-artists will be expected to exhibit significant skill gain from their baseline noted at the beginning of the program. Daily master classes will be led by knowledgeable, industry professionals, award-winning artists, regional educators, and therapeutic and clinical professionals.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 79
  • Accountability: 82
  • Sustainability: 55
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7%; rating input score 7
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 4th 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: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 93%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 12.3% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: -16.7% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 7% of revenue deployed · 100% of spending went to programs
  • Governance: 12 of 12 board members independent · 4 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $122K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 10 of 11 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 7/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.