Dreamyard Project Inc
Dreamyard Project Inc maintains stable finances with consistent revenue and zero reported officer compensation.
EIN: 133759661 · Bronx, NY · NTEE: A250 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $6.9M |
| Program Spending | 85% |
| Net Assets | $3.4M |
| Transparency Score | 90/100 |
Is Dreamyard Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dreamyard Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dreamyard Project Inc
Dreamyard Project Inc (EIN: 133759661) is a nonprofit organization based in Bronx, NY, classified under NTEE code A250. The organization reported total revenue of $6.9M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dreamyard Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dreamyard Project Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$63K |
| Total Assets | $5.4M |
| Total Liabilities | $2.0M |
| Net Assets | $3.4M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 37.5% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Dreamyard Project Inc reported a surplus of $63K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 37.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dreamyard Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.2% | +10.1% | +45.2% |
| 2022 | +3.0% | +7.6% | -16.3% |
| 2021 | -18.9% | -4.9% | -21.5% |
| 2020 | +3.0% | +7.5% | +51.6% |
| 2019 | +10.7% | -4.2% | +30.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dreamyard Project Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Dreamyard Project Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and revenue, suggesting a strong dedication to program spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Dreamyard Project Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Dreamyard Project Inc:
- 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.
Frequently Asked Questions about Dreamyard Project Inc
Is Dreamyard Project Inc a legitimate charity?
Dreamyard Project Inc (EIN: 133759661) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Dreamyard Project Inc spend its money?
Dreamyard Project Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dreamyard Project Inc tax-deductible?
Dreamyard Project Inc is registered as a tax-exempt nonprofit (EIN: 133759661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dreamyard Project Inc's spending goes to programs?
Dreamyard Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dreamyard Project Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Dreamyard Project Inc is above average for NTEE category A250 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dreamyard Project Inc located?
Dreamyard Project Inc is headquartered in Bronx, New York and files with the IRS under EIN 133759661. It is classified under NTEE code A250.
How many years of IRS 990 filings does Dreamyard Project Inc have?
Dreamyard Project Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.9M in total revenue.
How does Dreamyard Project Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could indicate that executive leadership is compensated through other means not classified as 'officer compensation' on the 990, or that leadership is entirely volunteer-based, or compensated by a related entity. Further investigation into their compensation practices would be beneficial.
What caused the significant increase in liabilities in 2023?
The liabilities increased from $412,144 in 2022 to $2,039,524 in 2023. This substantial jump could be due to various factors such as new program funding received in advance, capital expenditures, or short-term debt. While assets also increased, understanding the nature of these liabilities is important for a complete financial picture.
Is Dreamyard Project Inc financially sustainable given occasional expense overruns?
While there have been periods where expenses exceeded revenue (e.g., 202206), the organization's overall financial trend shows consistent revenue generation and growing assets. The revenue in 2023 ($6,991,157) exceeded expenses ($6,927,983), indicating a return to a surplus. The long-term growth in assets suggests a generally sustainable financial model.
Filing History
IRS 990 filing history for Dreamyard Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dreamyard Project Inc's revenue has grown by 142.6%, moving from $2.9M to $7.0M. Total assets increased by 373.3% over the same period, from $1.1M to $5.4M. Total functional expenses rose by 150.7%, from $2.8M to $6.9M. In its most recent filing year (2023), Dreamyard Project Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $5.4M in assets (debt-to-asset ratio: 37.5%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $6.9M | $5.4M | $2.0M | — | — |
| 2022 | $5.7M | $6.3M | $3.7M | $412K | — | View 990 |
| 2021 | $5.5M | $5.9M | $4.5M | $524K | — | View 990 |
| 2020 | $6.8M | $6.2M | $5.7M | $1.4M | — | — |
| 2019 | $6.6M | $5.7M | $3.8M | $108K | — | View 990 |
| 2018 | $6.0M | $6.0M | $2.9M | $109K | — | View 990 |
| 2017 | $6.6M | $5.1M | $3.2M | $373K | — | View 990 |
| 2016 | $4.6M | $4.2M | $1.3M | $74K | — | View 990 |
| 2015 | $4.0M | $4.0M | $1.1M | $193K | — | View 990 |
| 2014 | $3.8M | $3.7M | $1.1M | $213K | — | View 990 |
| 2013 | $3.4M | $3.4M | $1.0M | $227K | — | View 990 |
| 2012 | $3.2M | $3.1M | $909K | $46K | — | View 990 |
| 2011 | $2.9M | $2.8M | $1.1M | $362K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $6.9M, and assets of $5.4M (revenue +23.2% year-over-year).
- 2022: Revenue of $5.7M, expenses of $6.3M, and assets of $3.7M (revenue +3.0% year-over-year).
- 2021: Revenue of $5.5M, expenses of $5.9M, and assets of $4.5M (revenue -18.9% year-over-year).
- 2020: Revenue of $6.8M, expenses of $6.2M, and assets of $5.7M (revenue +3.0% year-over-year).
- 2019: Revenue of $6.6M, expenses of $5.7M, and assets of $3.8M (revenue +10.7% year-over-year).
- 2018: Revenue of $6.0M, expenses of $6.0M, and assets of $2.9M (revenue -9.7% year-over-year).
- 2017: Revenue of $6.6M, expenses of $5.1M, and assets of $3.2M (revenue +43.7% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.2M, and assets of $1.3M (revenue +15.7% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.0M, and assets of $1.1M (revenue +3.3% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.7M, and assets of $1.1M (revenue +14.1% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.4M, and assets of $1.0M (revenue +4.5% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.1M, and assets of $909K (revenue +11.9% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.8M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dreamyard Project Inc:
Data Sources and Methodology
This transparency report for Dreamyard Project Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.