Dibia Dream Inc

EIN: 471895077 501(c)(3)

Miami, FL

Total Revenue
$1,501,606
Total Expenses
$738,413
Total Assets
$811,066
Net Assets
$722,575
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Phone
7865438826
Tax Period
2021-01-01 to 2021-12-31

Dibia Dream Inc, founded in 2014, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2021. Revenue surged 358% from the prior year, signaling strong growth momentum. The organization ran a surplus of $763K, a strong 51% operating margin.

Mission

Dibia Dream's mission is to (1) develop the capacities of youth to engage in STEM-Based activities for learning and recreation (2) inspire youth to value the opportunities and possibilities of STEM-Based careers (3) to help youth develop the necessary and transferable 21st century skills of communication,collaboration, creativity, critical thinking and community.

Program Service Accomplishments

Program 1
Expenses: $592,338

Dibia Dream through the Dream Academy serves over 700 students in Atlanta, Miami and New Orleans, at cost to their families. Through the Dream Academy, students participate in academic tutoring...

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Dibia Dream through the Dream Academy serves over 700 students in Atlanta, Miami and New Orleans, at cost to their families. Through the Dream Academy, students participate in academic tutoring, Science, Technology , Engineering , Arts and Math (STEAM) projects, field trips, sports and health clinics. The program achievements in 2021 were as follows: (1) 80% of DREAM Academy scholars improved in literacy skills based on Dynamic Indicators of Basic Early Literacy Skills(DIBELS) (2) 75% of DREAM Academy Scholars demonstrated an increased ability to positively handle conflict as measured by reports from program staff, mentors and caregivers and pre/post surveys.(3) 80% of DREAM Academy Scholars reported an increase in engagement in healthy behaviors (proper nutrition and exercise) by participating in the program, as measured by pre and post assessments (4) 80% of Scholars attending STEM SaturdAY events reported an increase in awareness of the STEM subject area based on post events survey.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $1,501,606
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,501,606

Expense Breakdown

Grants Paid $0
Salaries & Benefits $291,681
Fundraising Expenses $0
Program Expenses $592,338
Other Expenses $446,732
TOTAL EXPENSES $738,413

Year-over-Year Comparison

2021 2020 Change
Revenue $1,501,606 $327,718 +3.6%
Expenses $738,413 $606,808 +0.2%
Net Income $763,193 $-279,090 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
25
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$70,000
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brandon Okpalobi President & CEO 60.00
Officer
$70,000 $0 $70,000
Cristal Cole Director 0.00
Director
$0 $0 $0
Kourtney Gibson Director 0.00
Director
$0 $0 $0
Andrew Kemp-Gerstel Director 0.00
Director
$0 $0 $0
Marianne Curtis Director 0.00
Director
$0 $0 $0
Steven Simons Treasurer 0.00
Officer
$0 $0 $0
Don Leduff Secretary 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $1,501,606 $738,413 $811,066 $763,193
2020 $327,718 $606,808 $47,873 $-279,090
2019 $834,763 $613,924 $239,183 $220,839
2019 $833,138 $582,708 $381,127 $250,430
2018 $380,705 $298,935 $130,698 $81,770
2017 $226,151 $186,707 $49,328 $39,444
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