2025-11-14T13:46:35-06:00 2024-12-31 994625061 CRI ADVISORS LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2024-01-01 593514841 US DREAM ACADEMY INC USDR 4107727143 8807 COLESVILLE ROAD 5TH FLOOR SILVER SPRING MD 20910 C DIANE WALLACE BOOKER ESQ CHIEF EXECUTIVE OFFICER 4107727143 2025-11-14 1 1 KRISTEN SIMPSON P01268482 7136218090 2025-11-12 2024 2025-03-06 01:10:19Z C DIANE WALLACE BOOKER 8807 COLESVILLE ROAD 5TH FLOOR SILVER SPRING MD 20910 5332278 0 X WWW.USDREAMACADEMY.ORG X 2000 MD YOUTH EDUCATION TRAINING PROGRAMS 16 16 76 163 0 0 5789156 5189884 0 0 36621 84068 -400802 -124157 5424975 5149795 0 0 0 0 2673673 2710237 0 0 383965 1367349 1363672 4041022 4073909 1383953 1075886 3039997 3928132 285421 97670 2754576 3830462 YOUTH EDUCATION TRAINING PROGRAMS 0 0 2763200 U.S. DREAM ACADEMY MISSION IS TO INSPIRE AND INVEST IN THE LIVES OF CHILDREN OF INCARCERATED PARENTS AND FAMILIES IN COMMUNITIES HARMED BY SYSTEMIC INEQUITIES. U.S. DREAM ACADEMY LEARNING CENTERS ARE LOCATED IN UNDER-INVESTED NEIGHBORHOODS - WHERE YOUNG PEOPLE ARE GROWING UP AMIDST HIGH RATES OF POVERTY AND OFTEN HIGHER THAN AVERAGE RATES OF CRIME IN THEIR COMMUNITIES. U.S. DREAM ACADEMY OFFERS IN-SCHOOL PROGRAMS ALONG WITH A SAFE PLACE TO GO EVERY DAY AFTER SCHOOL. WE INCLUDE ACADEMIC SUPPORT, MENTORS, DREAM BUILDING ACTIVITIES, LEADERSHIP OPPORTUNITIES, AND A PLACE TO EXPLORE NEW OPTIONS FOR THEIR FUTURE. YOUNG PEOPLE COMMIT AN ADDITIONAL 11 - 15 HOURS A WEEK TO DEDICATE THEMSELVES TO SKILL BUILDING, CHARACTER BUILDING AND PREPARING FOR THEIR FUTURE DREAMS. 2763200 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 50 0 1 76 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AZ AK CA CT DC FL GA IL KS KY ME MD MO MI MN MS NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WV WI X X ORGANIZATION 4107727143 8807 COLESVILLE ROAD FIFTH FLOOR SILVER SPRING MD 20910 ANDREW SCHMIDT SECRETARY 2.00 X X 0 0 0 BROOKE M GANS BOARD MEMBER 2.00 X 0 0 0 CARLYLE I HOLDER BOARD MEMBER 2.00 X 0 0 0 CARLYLE WALTON BOARD MEMBER 2.00 X 0 0 0 CHAD WILLIAMS BOARD MEMBER 2.00 X 0 0 0 CHAPLAIN BARRY C BLACK BOARD MEMBER 2.00 X 0 0 0 DAVID R WILLIAMS EMERITUS 2.00 X 0 0 0 FELISMINA ANDRADE BOARD MEMBER 2.00 X 0 0 0 GEORGE JOHNSON EMERITUS 2.00 X 0 0 0 JODY VICTOR EMERITUS 2.00 X 0 0 0 JOE VICTOR BOARD MEMBER 2.00 X 0 0 0 MARISSA C LESLIE CHAIR-ELECT 2.00 X 0 0 0 MICHAEL GRIFFIN BOARD MEMBER 2.00 X 0 0 0 SAM CARTER BOARD MEMBER 2.00 X 0 0 0 SANDRA L RANDOLPH PAST CHAIR 2.00 X X 0 0 0 SHEILA HODGKIN BOARD MEMBER 2.00 X 0 0 0 SIMON T BAILEY BOARD MEMBER 2.00 X 0 0 0 WINTLEY PHIPPS PRESIDENT AND FOUNDER 40.00 X X 203622 0 0 YUESHA CHEN TREASURER 2.00 X X 0 0 0 C DIANE WALLACE BOOKER ESQ CHIEF EXECUTIVE OFFICER 40.00 X 187261 0 14770 390883 0 14770 2 0 1 0 0 1609683 2868468 711733 5189884 84068 84068 52132 1609683 182483 -130351 -130351 OTHER REVENUE 611600 6194 6194 6194 5149795 0 0 -40089 X 368150 248390 78995 40765 1930768 1302687 414289 213792 239509 161596 51392 26521 171810 130768 21595 19447 14297 14297 123781 123781 483154 405017 28838 49299 226759 73512 119179 34068 43 43 30002 12338 17634 30 57594 850 56744 PROGRAM EXPENSES 260575 260575 CURRICULUM DEVELOPMENT 167467 167467 4073909 2763200 926744 383965 2684245 3574149 341421 303953 12235 1433 2096 48597 357787 357787 0 0 3039997 3928132 146816 46880 25000 31623 113605 19167 285421 97670 X 2523576 3621278 231000 209184 2754576 3830462 3039997 3928132 1075886 0 X 0 1 X 1 0 X 1502659 3079255 4321467 5875672 5189884 19968937 1502659 3079255 4321467 5875672 5189884 19968937 5656835 14312102 -2389 35246 35198 36621 84068 188744 6263 29608 180 657 6194 42902 20200583 0.70850 0.66460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 357787 357787 0 0 PAYROLL RELATED LIABILITIES 19167 19167 X 5775223 495077 130351 625428 5149795 0 5149795 4699337 495077 130351 625428 4073909 0 4073909 PART X, LINE 2: THE ACADEMY IS A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ACADEMY WAS GRANTED AN INDIVIDUAL RULING UNDER THE SAME SECTION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE AND, AS SUCH, QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION FOR INDIVIDUAL DONORS. THE ACADEMY ACCOUNTS FOR UNCERTAIN TAX POSITIONS, WHEN IT IS MORE LIKELY THAN NOT, THAT SUCH AN ASSET OR A LIABILITY WILL BE REALIZED. AS OF DECEMBER 31, 2024 AND 2023, MANAGEMENT BELIEVES THERE WERE NO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 130,351. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 130,351. ANNUAL GALA 1661815 1609683 52132 182483 1661815 1609683 52132 182483 182483 -130351 0 0 0 0 0 0 0 0 0 WINTLEY PHIPPS PRESIDENT AND FOUNDER 203622 0 0 0 0 0 0 0 0 0 203622 0 0 0 C DIANE WALLACE BOOKER ESQ CHIEF EXECUTIVE OFFICER 187261 0 0 0 0 0 770 0 14000 0 202031 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE 990 IS SENT TO THE FINANCE COMMITTEE FOR REVIEW. IF THERE ARE ANY CHANGES, DIANE WILL PROVIDE UPDATES TO THE BOARD. IF APPROVED BY THE FINANCE COMMITTEE, THE 990 WILL BE SIGNED AND FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD MEMBERS ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DOCUMENT. ANY BOARD MEMBER WHO HAS A CONFLICT OF INTEREST IS MONITORED AND RESTRICTED FROM VOTING ON ANY ISSUE THAT IS INTERPRETED TO BE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DERIVED BY COMPARABLE SALARIES IN ORGANIZATIONS WITH SIMILAR INCOME AMOUNTS AND BALANCE SHEETS. FORM 990, PART VI, SECTION C, LINE 18 FILE COPIES OF THE TAX RETURN ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION AS WELL AS THROUGH GUIDESTAR, A THIRD PARTY WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 405,017. MANAGEMENT AND GENERAL EXPENSES 28,838. FUNDRAISING EXPENSES 49,299. TOTAL EXPENSES 483,154.