Pattisons D R E A M Academy
Pattisons D R E A M Academy shows significant revenue growth and high program spending efficiency with no reported officer compensation.
EIN: 203419262 · Charleston, SC · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $4.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4,093,776 |
| Net Assets | $1.3M |
| Transparency Score | 92/100 |
Is Pattisons D R E A M Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pattisons D R E A M Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pattisons D R E A M Academy
Pattisons D R E A M Academy (EIN: 203419262) is a nonprofit organization based in Charleston, SC, classified under NTEE code B99. The organization reported total revenue of $4.2M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pattisons D R E A M Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pattisons D R E A M Academy is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$80K |
| Total Assets | $1.8M |
| Total Liabilities | $508K |
| Net Assets | $1.3M |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 28.1% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Pattisons D R E A M Academy reported a surplus of $80K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 28.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pattisons D R E A M Academy's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.7% | +47.0% | +12.8% |
| 2022 | +69.4% | +40.7% | +69.3% |
| 2021 | +124.8% | +120.8% | +241.3% |
| 2020 | +9.5% | -0.7% | +135.2% |
| 2019 | -26.3% | -24.9% | -12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Pattisons D R E A M Academy with a Mission Score of 92 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, Pattisons D R E A M Academy 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 $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.1%.
Executive Compensation Analysis
Pattisons D R E A M Academy consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of its size and revenue ($4,093,776 in 2023). This suggests either a volunteer leadership model or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 Pattisons D R E A M Academy's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and could indicate compensation is reported elsewhere or a fully volunteer leadership structure, warranting further review.
Strengths
The following positive indicators were identified for Pattisons D R E A M Academy:
- Exceptional revenue growth, increasing from $877,890 in 2019 to $4,093,776 in 2023.
- High program spending efficiency, with approximately 85% of expenses directed to programs in 2023.
- Strong asset growth, from $118,072 in 2019 to $1,810,708 in 2023.
- Healthy asset-to-liability ratio of 3.56:1 in 2023.
- Consistent reporting of 0% officer compensation, indicating a potential strong commitment to mission over executive pay.
Frequently Asked Questions about Pattisons D R E A M Academy
Is Pattisons D R E A M Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Pattisons D R E A M Academy (EIN: 203419262) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Pattisons D R E A M Academy spend its money?
Pattisons D R E A M Academy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pattisons D R E A M Academy tax-deductible?
Pattisons D R E A M Academy is registered as a tax-exempt nonprofit (EIN: 203419262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pattisons D R E A M Academy CEO make?
Pattisons D R E A M Academy's highest-compensated officer earns $4,093,776 annually. The organization reported $4.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pattisons D R E A M Academy's spending goes to programs?
Pattisons D R E A M Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pattisons D R E A M Academy compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Pattisons D R E A M Academy is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pattisons D R E A M Academy located?
Pattisons D R E A M Academy is headquartered in Charleston, South Carolina and files with the IRS under EIN 203419262. It is classified under NTEE code B99.
How many years of IRS 990 filings does Pattisons D R E A M Academy have?
Pattisons D R E A M Academy 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 $4.2M in total revenue.
Is Pattisons D R E A M Academy a good charity?
Based on the available IRS 990 data, Pattisons D R E A M Academy appears to be a very good charity. They demonstrate strong financial growth, high program spending efficiency (approximately 85% of expenses in 2023), and a notable commitment to transparency with 0% reported officer compensation.
How has Pattisons D R E A M Academy's revenue changed over time?
Pattisons D R E A M Academy has experienced significant revenue growth, increasing from $877,890 in 2019 to $4,093,776 in 2023, representing a substantial increase of over 360% in four years.
What is the organization's asset-to-liability ratio?
In 2023, Pattisons D R E A M Academy had assets of $1,810,708 and liabilities of $508,360, resulting in an asset-to-liability ratio of approximately 3.56:1, indicating a healthy financial position where assets significantly exceed liabilities.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could mean that all leadership positions are filled by volunteers, or that compensation for key personnel is categorized differently within the financial statements, which would require reviewing the full 990 forms for clarification.
Filing History
IRS 990 filing history for Pattisons D R E A M Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pattisons D R E A M Academy's revenue has grown by 297.7%, moving from $1.0M to $4.1M. Total assets increased by 550.7% over the same period, from $278K to $1.8M. Total functional expenses rose by 272%, from $1.1M to $4.0M. In its most recent filing year (2023), Pattisons D R E A M Academy reported a surplus of $80K, with revenue exceeding expenses. The organization holds $508K in liabilities against $1.8M in assets (debt-to-asset ratio: 28.1%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $4.0M | $1.8M | $508K | — | View 990 |
| 2022 | $3.7M | $2.7M | $1.6M | $383K | — | View 990 |
| 2021 | $2.2M | $1.9M | $948K | $658K | — | View 990 |
| 2020 | $962K | $879K | $278K | $244K | — | View 990 |
| 2019 | $878K | $885K | $118K | $167K | — | View 990 |
| 2018 | $1.2M | $1.2M | $135K | $176K | — | View 990 |
| 2017 | $693K | $738K | $131K | $178K | — | View 990 |
| 2016 | $1.0M | $1.3M | $28K | $299K | — | View 990 |
| 2015 | $1.0M | $1.1M | $195K | $220K | — | View 990 |
| 2014 | $1.2M | $1.3M | $254K | $151K | — | View 990 |
| 2013 | $1.0M | $985K | $320K | $100K | — | View 990 |
| 2012 | $1.1M | $1.2M | $240K | $71K | — | View 990 |
| 2011 | $1.0M | $1.1M | $278K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $4.0M, and assets of $1.8M (revenue +11.7% year-over-year).
- 2022: Revenue of $3.7M, expenses of $2.7M, and assets of $1.6M (revenue +69.4% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.9M, and assets of $948K (revenue +124.8% year-over-year).
- 2020: Revenue of $962K, expenses of $879K, and assets of $278K (revenue +9.5% year-over-year).
- 2019: Revenue of $878K, expenses of $885K, and assets of $118K (revenue -26.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $135K (revenue +71.9% year-over-year).
- 2017: Revenue of $693K, expenses of $738K, and assets of $131K (revenue -32.3% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.3M, and assets of $28K (revenue +1.0% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $195K (revenue -12.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $254K (revenue +11.7% year-over-year).
- 2013: Revenue of $1.0M, expenses of $985K, and assets of $320K (revenue -7.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $240K (revenue +8.7% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $278K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pattisons D R E A M Academy:
Data Sources and Methodology
This transparency report for Pattisons D R E A M Academy 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.