I DREAM BIG ACADEMY CHARTER SCHOOL

EIN: 853337386 501(c)(3) Education

PIKE ROAD, AL

Total Revenue
$397,019
Total Expenses
$114,879
Total Assets
$321,887
Net Assets
$282,140
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
AL
Principal Officer
ANGELA LANG
Phone
7312933677
Tax Period
2024-01-01 to 2024-09-30

I DREAM BIG ACADEMY CHARTER SCHOOL, founded in 2021, is a small nonprofit in the Education sector that reported $397K in total revenue in fiscal year 2024. The organization ran a surplus of $282K, a strong 71% operating margin.

Mission

AT I DREAM BIG CHARTER, WE INSPIRE EVERY LEARNER TO RECOGNIZE THEIR UNIQUE GIFTS, RELENTLESSLY PURSUE THEIR DREAMS, AND BECOME THE BEST VERSION OF THEMSELVES. WE REMOVE BARRIERS TO SUCCESS, STRENGTHEN ACADEMIC, CAREER AND PERSONAL READINESS, AND STRETCH THE LIMITS OF STUDENT POTENTIAL THROUGH RIGOROUS ACADEMICS, REAL-WORLD LEARNING EXPERIENCES, MEANINGFUL RELATIONSHIPS, AND PURPOSE-DRIVEN EXPLORATION.

Program Service Accomplishments

Program 1
Expenses: $101,093 Revenue: $2,852

AT I DREAM BIG CHARTER, WE ENVISION A FUTURE WHERE EVERY STUDENT DISCOVERS THEIR UNIQUE TALENTS, PURSUES THEIR ASPIRATIONS WITH DETERMINATION, AND EMERGES AS A CONFIDENT LEADER READY TO MAKE...

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AT I DREAM BIG CHARTER, WE ENVISION A FUTURE WHERE EVERY STUDENT DISCOVERS THEIR UNIQUE TALENTS, PURSUES THEIR ASPIRATIONS WITH DETERMINATION, AND EMERGES AS A CONFIDENT LEADER READY TO MAKE MEANINGFUL CONTRIBUTIONS TO THEIR COMMUNITY AND BEYOND. THROUGH OUR GROUNDBREAKING PARTNERSHIP WITH STILLMAN COLLEGE, WE PROVIDE A DYNAMIC EDUCATIONAL ENVIRONMENT THAT BLENDS RIGOROUS ACADEMICS WITH REAL-WORLD EXPERIENCES, FOSTERING INNOVATION, RESILIENCE, AND A LIFELONG PASSION FOR LEARNING.

Program 2

N/A

Program 3

N/A

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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 (2024)

Revenue Breakdown

Contributions & Grants $394,167
Program Service Revenue $2,852
Investment Income $0
Other Revenue $0
TOTAL REVENUE $397,019

Expense Breakdown

Grants Paid $0
Salaries & Benefits $86,251
Fundraising Expenses $0
Program Expenses $101,093
Other Expenses $28,628
TOTAL EXPENSES $114,879

Year-over-Year Comparison

2024 2023 Change
Revenue $397,019 N/A N/A
Expenses $114,879 N/A N/A
Net Income $282,140 $0 N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LATANYA COLLIER BOARD CHAIR 5.00
Director
$0 $0 $0
VICTORIA BOMAN BOARD VICE CHAIR 5.00
Director
$0 $0 $0
MICHELE COLEY TREASURER 5.00
Director
$0 $0 $0
SHERNAY WELLS SECRETARY 5.00
Director
$0 $0 $0
FREDDIE WASHINGTON BOARD MEMBER 5.00
Director
$0 $0 $0
BRAD NEWMAN BOARD MEMBER 5.00
Director
$0 $0 $0
IRA HODGES BOARD MEMBER 5.00
Director
$0 $0 $0
CHARISSE STOKES BOARD MEMBER 5.00
Director
$0 $0 $0
SUSAN COOPER BOARD MEMBER 5.00
Director
$0 $0 $0
COREY SAVAGE BOARD MEMBER 5.00
Director
$0 $0 $0
DR ANGELA LANG EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
DR LUCRETIA PRINCE PRINCIPAL 40.00
Officer
$0 $0 $0
BRANDON DAVIS ASSISTANT PRINCIPAL 40.00
Officer
$0 $0 $0
JESSICA SANDERS DIRECTOR OF OPERATIONS 40.00
Officer
$0 $0 $0
JOHN TIDWELL DIRECTOR OF HR AND LOGISTICAL OPS 40.00
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
2024 $397,019 $114,879 $321,887 $282,140
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