2023-11-15T14:43:37-06:00 2022-12-31 263961688 HANDLER THAYER LLP 191 N UPPER WACKER DR CHICAGO IL 60606 990 2022-01-01 851358749 Devoted Dreamers Foundation DEVO 6029165406 350 W Washington Suite 308 Tempe AZ 85281 Tamela Davis Secretary/Director 6029165406 2023-11-15 1 Tamela Davis 999009999 0 Eric Kalnins P00983331 3126412100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Tamela Davis 350 W Washington Suite 308 Tempe AZ 85281 620511 0 X www.devoteddreamers.org X 2020 AZ The goal of the Foundation is to equip the Next Generation of Leaders (athletes, entertainers, politicians, doctors, lawyers etc.) with the tools to be successful spiritually, mentally, and physically. In a nation where Inner-City children are often times more likely to end up in jail than they are pursuing higher education opportunities, the Devoted Dreamers Project has created a number of initiatives aimed at connecting young men and women of the future to the resources needed to make their biggest dreams a reality. 3 3 0 0 0 0 423530 620511 0 0 0 0 101719 0 525249 620511 0 270000 0 0 0 0 0 0 76296 398641 506064 398641 776064 126608 -155553 175090 31838 139 0 174951 31838 X The goal of the Foundation is to equip the Next Generation of Leaders (athletes, entertainers, politicians, doctors, lawyers etc.) with the tools to be successful spiritually, mentally, and physically. In a nation where Inner-City children are often times more likely to end up in jail than they are pursuing higher education opportunities, the Devoted Dreamers Project has created a number of initiatives aimed at connecting young men and women of the future to the resources needed to make their biggest dreams a reality. 0 0 324292 632947 Devoted Dreamers equips the Next Generation with tools to be successful in the classroom. Devoted Dreamers Academy is a 7-week summer program for children entering 6th-8th grades, placing an emphasis on financial literacy, reading comprehension, physical fitness and character development, while preparing youth for the upcoming school year. Devoted Dreamers also conducts fundraising events to generate revenue for the foregoing causes. Future goals include establishing a central location camps for the Academy (2022), develop a year-round tutoring program (2022), develop a school of arts Fall program (2025), and ultimately to establish a Devoted Dreamers School (2028). 162146 Devoted Dreamers also works to provide the Next Generation with tools to help them live healthy spiritual lives. Activities include Encounter, a one-night worship experience designed to help usher young men and women into the presence of the Lord. Future goals include developing a full day Encounter conference, gospel music and contemporary worship music event (2022), and discipleship and evangelism training summer camp (2028). 162145 Devoted Dreamers provides the Next Generation with tools to help them succeed on and off the field. The goal of Devoted Dreamers Sports is to form an Elite High School Select Travel 7 on 7 Football Team comprised of some of the best athletes across the State of Mississippi. Future sports goals include hosting a state-wide flag football tournament (2023) and host the high school state Combine (2028). 648583 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Tamela Davis 6029165406 350 W Washington Suite 308 Tempe AZ 85281 Demario Davis Director / President 2.00 X X 0 0 0 Tamela Davis Director / Secretary 15.00 X X 0 0 0 David Loria Director / Treasurer 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 10000 610511 350 620511 620511 0 0 0 X 270000 270000 3850 1925 963 962 225672 169254 22567 33851 1313 985 131 197 430 322 43 65 166891 125168 16689 25034 19 14 2 3 1511 1133 151 227 Meals and Entertainment 33049 24787 3305 4957 Registration Fees 20446 15334 2045 3067 Event Supplies 17411 13058 1741 2612 Equipment Rental 16876 12657 1688 2531 18596 13946 1860 2790 776064 648583 51185 76296 174575 31838 515 175090 31838 139 0 139 0 X 0 0 0 0 174951 31838 174951 31838 175090 31838 -155553 0 X 0 0 0 X 423830 632827 1056657 423830 632827 1056657 440098 616559 1056657 120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED -5556 Form 990, Part VI, Section A, line 2 Director/President Demario Davis and Director/Secretary Tamela Davis are married. Form 990, Part VI, Section B, line 11b THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE GOVERNING BODY AND LEGAL COUNSEL BEFORE THE RETURN IS FILED WITH THE IRS. Form 990, Part VI, Section B, line 12c THE GOVERNING BODY REVIEWS AND SIGNS A CONFLICT-OF-INTEREST POLICY ON AN ANNUAL BASIS. FOR ANY ITEMS THAT PRESENT A CONFLICT OF INTEREST, ANY DIRECTOR WITH SUCH A CONFLICT ABSTAINS FROM VOTING. Form 990, Part VI, Section B, line 15 THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY EMPLOYEES, HOWEVER IN ACCORDANCE WITH ITS COMPLIANCE POLICY GOVERNING THE DETERMINATION OF COMPENSATION, THE GOVERNING BODY WOULD ESTABLISH EMPLOYEE COMPENSATION BASED ON ADVICE FROM LEGAL COUNSEL AND COMPARISONS WITH COMPENSATION DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS, THEN APPROVE AND DOCUMENT SUCH COMPENSATION WITH A FORMAL VOTE. Form 990, Part VI, Section C, line 19 ALL GOVERNING DOCUMENTS SUBJECT TO PUBLIC DISCLOSURE ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, line 11g Florist Independent Contractor: Program service expenses 169,254. Management and general expenses 22,567. Fundraising expenses 33,851. Total expenses 225,672.