Unusually low (0%) reported officer compensation, which may warrant further inquiry into compensation structures.
Significant increase in liabilities in 2023 ($2,039,524) compared to previous years, requiring clarification on its nature.
Strengths
Consistent revenue generation, averaging over $5.5 million annually over the past decade.
Strong asset growth, increasing from $1,144,961 in 2014 to $5,433,982 in 2023.
Excellent transparency regarding officer compensation, consistently reporting 0% across all filings.
Demonstrated ability to manage expenses, with revenue generally covering costs over the long term.
Spending Breakdown
How Dreamyard Project Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Dreamyard Project Inc
Is Dreamyard Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dreamyard Project Inc (EIN: 133759661) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Dreamyard Project Inc a good charity to donate to?
Dreamyard Project Inc has a Mission Score of 90/100. Revenue: $6.9M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dreamyard Project Inc?
The Employer Identification Number (EIN) for Dreamyard Project Inc is 133759661. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Dreamyard Project Inc spend its money?
Dreamyard Project Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dreamyard Project Inc's tax-exempt status?
You can verify Dreamyard Project Inc's tax-exempt status using EIN 133759661 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Dreamyard Project Inc demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $5.5 million annually. The organization has shown a healthy trend of increasing assets, reaching $5,433,982 in 2023, indicating good financial management and growth. While expenses have occasionally exceeded revenue (e.g., 202206 with $6,295,022 expenses against $5,675,436 revenue), the overall trend shows a balanced approach to spending relative to income. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, enhancing its transparency and public trust. The organization's liabilities have fluctuated, with a notable increase in 2023 to $2,039,524, which warrants monitoring but does not immediately signal distress given the asset growth.