2025-05-02T17:10:00-05:00 2024-06-30 330700332 VASQUEZ & COMPANY LLP 655 N CENTRAL AVE STE 1550 GLENDALE CA 91203 990 2023-07-01 954089758 I HAVE A DREAM FOUNDATION - LOS ANGELES IHAV 2135720175 3580 WILSHIRE BLVD 720 LOS ANGELES CA 90010 RONALD CAMHI BOARD CHAIR 2135720475 2025-04-28 1 0 REGINA PRINCE CPA P00576936 2138731700 2025-04-16 2023 2025-03-06 01:10:19Z RONALD CAMHI 3580 WILSHIRE BLVD 720 LOS ANGELES CA 90010 1572695 0 X WWW.IHADLA.ORG X 1987 CA THE "I HAVE A DREAM" FOUNDATION'S MISSION IS TO EMPOWER CHILDREN FROM UNDER-RESOURCED COMMUNITIES TO SUCCEED IN SCHOOL, COLLEGE, AND CAREER BY PROVIDING ACADEMIC, SOCIAL, AND EMOTIONAL SUPPORT FROM ELEMENTARY SCHOOL THROUGH COLLEGE, ALONG WITH POSTSECONDARY TUITION ASSISTANCE. 21 21 10 113 0 0 290938 939370 0 21673 374486 324708 0 0 665424 1285751 47713 46774 0 0 615593 507728 0 0 37264 362144 574514 1025450 1129016 -360026 156735 1894129 2080462 90142 89299 1803987 1991163 X TO HELP YOUTH AND THEIR FAMILIES FROM UNDER-SERVED LOS ANGELES COMMUNITIES BECOME EMPOWERED MEMBERS OF SOCIETY BY PROVIDING A LONG-TERM PROGRAM THAT INCLUDES: ACADEMIC SUPPORT, COLLEGE AND CAREER READINESS, LIFE SKILL DEVELOPMENT, PARENT ENGAGEMENT AND SOCIAL-EMOTIONAL SUPPORT. 0 0 970291 46774 21673 OUR MISSION IS TO PROVIDE OUR DREAMER SCHOLARS WITH THE ACADEMIC, SOCIO-EMOTIONAL, AND CULTURAL RESOURCES TO HELP THEM DEVELOP THE SKILLS NEEDED TO GRADUATE FROM HIGH SCHOOL AND TO GET THROUGH A COLLEGE EDUCATION. WE SERVE OUR DREAM SCHOLARS FOR 12+ CONSECUTIVE YEARS FROM FIRST GRADE TO HIGH SCHOOL, AND THEN TO AND THROUGH COLLEGE HELPING THEM EFFECTIVELY NAVIGATE AN EDUCATIONAL PATHWAY TO AN EMPOWERED FUTURE. UNIQUE AMONG EDUCATION CHARITIES, IHADLA OFFERS THE ONLY ACADEMIC, SOCIO-EMOTIONAL AND FAMILY ASSISTANCE PROGRAM THAT IS IN SCHOOL, AFTER SCHOOL, YEAR-ROUND, AND LONG-TERM. WE CURRENTLY SERVE NEARLY 314+ YOUTH ACROSS 20 PROGRAMS FROM THE UNDERSERVED COMMUNITIES OF BOYLE HEIGHTS, WATTS & INGLEWOOD. 970291 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 10 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 2135720175 3580 WILSHIRE BLVD STE 720 LOS ANGELES CA 90010 ANNIE RICE BOARD MEMBER 1.00 X 0 0 0 CHAZNAE WALKER CHIEF EXECUTIVE OFFICER 40.00 X X 70248 0 23293 CHRISTIANE CUSE SECRETARY 1.00 X X 0 0 0 DARRYL FRANK BOARD MEMBER 1.00 X 0 0 0 DAVID KIM BOARD MEMBER 1.00 X 0 0 0 DEBRA KOFFLER BOARD MEMBER 1.00 X 0 0 0 DONNA ROSENSTEIN BOARD MEMBER 1.00 X 0 0 0 EDGARDO HERNANDEZ BOARD MEMBER 1.00 X 0 0 0 EILEEN POWERS VICE CHAIR 1.00 X X 0 0 0 GRANT F LITTLE III BOARD MEMBER 1.00 X 0 0 0 JUSTIN FALVEY BOARD MEMBER 1.00 X 0 0 0 KELLY GOODE BOARD MEMBER 1.00 X 0 0 0 LAURIE ZAKS BOARD MEMBER 1.00 X 0 0 0 NANCY COTTON BOARD MEMBER 1.00 X 0 0 0 RICHARD WOLF BOARD MEMBER 1.00 X 0 0 0 RONALD CAMHI BOARD CHAIRPERSON 1.00 X X 0 0 0 SABRINA STRONG BOARD MEMBER 1.00 X 0 0 0 SUSAN SPRUNG BOARD MEMBER 1.00 X 0 0 0 TERENCE CARTER BOARD MEMBER 1.00 X 0 0 0 TOM WERTHEIMER BOARD MEMBER 1.00 X 0 0 0 VANESSA FRANK BOARD MEMBER 1.00 X 0 0 0 70248 0 23293 0 0 0 0 SINGERLEWAK 21650 OXNARD ST SUITE 2350 WOODLAND HILLS CA 91367 CONSULTING SERVICES 111743 1 172126 767244 548911 939370 MENTORING PROGRAM 624110 21673 21673 21673 27388 27388 547000 249680 297320 297320 297320 37264 172126 37264 0 1285751 21673 0 324708 X 46774 46774 122208 112324 9884 321160 295185 25975 4919 4521 398 30217 27773 2444 29224 26860 2364 118338 96727 21611 186231 152222 34009 36288 35299 989 58655 46974 11681 29322 28116 1206 PROGRAM EXPENDITURES 79247 79247 DREAMER DINNER EXPENSES 37264 37264 OPERATING EXPENSES 18816 16119 2697 OTHER EXPENSES 10353 2150 8203 1129016 970291 121461 37264 170169 71028 17000 19064 6187 8436 0 0 1696823 1977984 3950 3950 1894129 2080462 90142 89299 90142 89299 X 1021424 726244 782563 1264919 1803987 1991163 1894129 2080462 156735 12497 17944 0 X 0 1 X 1 0 X 697465 1348735 942703 290938 939370 4219211 697465 1348735 942703 290938 939370 4219211 1308520 2910691 33229 21189 24045 30278 27388 136129 68676 1588 107455 37264 214983 4570323 21673 0.63690 0.66920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 68,676. 2020 AMOUNT: $ 1,588. FUNDRAISING EVENTS - 2021 AMOUNT: $ 107,455. 2023 AMOUNT: $ 37,264. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 465867 624623 547000 9471 534019 1344926 -244542 622765 11752 465867 1714068 -195852 160000 13290 1344926 1351350 362718 1714068 1524912 -173562 1351350 1.00000 0.00000 0.00000 0 0 0 X 1298248 12497 12497 1285751 0 1285751 1129015 0 1129015 0 1129015 PART V, LINE 4: THE ORGANIZATION INTENDS TO USE THE ENDOWMENT FUNDS TO SUPPORT GENERAL OPERATIONS. PART X, LINE 2: THE ORGANIZATION IS A NON-PROFIT ORGANIZATION EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, A PROVISION FOR FEDERAL OR STATE INCOME TAXES IS NOT RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. U.S. GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED RELATE TO THE ORGANIZATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE SUBSTANTIAL UNRELATED TRADE OR BUSINESS INCOME ACTIVITIES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS, BASED ON THE TECHNICAL MERITS OF THE POSITION, WILL MORE LIKELY THAN NOT BE SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION. THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ORGANIZATION'S INFORMATION RETURNS REMAIN SUBJECT TO EXAMINATION GENERALLY FOR THREE AND FOUR YEARS AFTER THEY ARE FILED FOR FEDERAL AND STATE, RESPECTIVELY. DREAM BIG GALA 2023 209390 172126 37264 25490 11774 209390 172126 37264 25490 11774 37264 0 1 COLLEGE SCHOLARSHIPS 21 46774 PART I, LINE 2: THE USE OF THE FINANCIAL AID GRANTS ARE SPECIFIED, PRIOR TO ACCEPTANCE, TO BE USED SOLELY FOR TUITION, FEES, BOOKS OR OTHER EDUCATIONAL EXPENSES. X 4515 THRIFT SHOP VALUE X 15400 THRIFT SHOP VALUE X 1 512623 AVG QUOTED MARKET PRICE X 2 832 REPLACEMENT COST X FIELD TRIP TICKETS 3 7397 FACE VALUE X WINE 112 4945 REPLACEMENT COST X NFL RAMS TICKETS 17 1710 FACE VALUE X GIFT CARDS 21 768 CASH VALUE X OFFICE AND SCHOOL SUPPLIES 1 721 REPLACEMENT COST 0 0 0 PART I COLUMN B THE ORGANIZATION IS REPORTING IN PART I, COLUMN (B), THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE MEMBERS OF THE BOARD FOR THEIR REVIEW BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C I HAVE A DREAM FOUNDATION-LOS ANGELES (IHAD-LA) REQUIRES ALL EMPLOYEES TO DISCLOSE, AT LEAST ANNUALLY, ALL SOURCES OF INCOME FROM COMPENSATION OR FROM OWNERSHIP OF EVERY OUTSIDE ENTITY THAT (A) SOLD, SUPPLIED OR PROVIDED SERVICES (B) OPERATED A COMPETING ENTERPRISE OR (C) PROVIDED GOODS OR SERVICES TO IHAD-LA IN THE LAST SIX MONTHS. IHAD-LA ALSO REQUIRES ALL DIRECTORS TO ANNUALLY SIGN A STATEMENT AFFIRMING (A) RECEIPT OF POLICY (B) UNDERSTANDING OF THE POLICY AND (C) AGREEMENT WITH THE POLICY. IHAD-LA CONFLICT OF INTEREST POLICY DESCRIBES HOW IHAD-LA WILL RESOLVE POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF AFFAIRS COMMITTEE REVIEWED IHAD-LA EXECUTIVE DIRECTOR'S COMPENSATION. THE BOARD OF AFFAIRS COMMITTEE REVIEWED DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES. THE OCCURRENCE OF THESE DELIBERATIONS ARE PROPERLY DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AND UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 152,222. MANAGEMENT AND GENERAL EXPENSES 34,009. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186,231.