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Dream Inc

EIN 30-1295205 · Hackensasck, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak24 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO ADVANCE EDUCATIONAL OPPORTUNITIES AND COMMUNITY DEVELOPMENT INITIATIVES IN UNDERPRIVILEGED AREAS ACROSS THE GLOBE. THE GOAL IS TO FOSTER INCLUSIVE AND EQUITABLE COMMUNITIES BY EMPOWERING INDIVIDUALS THROUGH EDUCATION, COMMUNITY DEVELOPMENT AND HEALTH AND MEDICAL SERVICES.

Income
$47,240
Spending
$70,185
Spent on programs
96%
Reserves
0.5 months of spending
Largest source of income
donations and private grants, 98%
Employees
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 24 out of 100. Higher than 6% of charities in its peer group (religion, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.5 months of spending.

  • Debt

    5 of 20

    It owes 56% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 49% of income.

  • Income trend

    0 of 15

    Income fell 47% on the year before.

  • Spending floor

    15 of 15

    96% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100. Higher than 91% of charities in its peer group (religion, under $250k).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. TO ADVANCE EDUCATIONAL OPPORTUNITIES AND COMMUNITY DEVELOPMENT INITIATIVES IN UNDERPRIVILEGED AREAS ACROSS THE GLOBE, THE ORGANIZATION CONDUCTED ONLINE EDUCATIONAL PROGRAMS FOR TWO ACADEMIC TERMS, OFFERING CLASSES IN ENGLISH, KOREAN AND COMPUTER LITERACY. DURING THE SUMMER, THE EDUCATION PROGRAM COORDINATOR HELD ENGLISH CAMPS IN ISTANBUL, ESKISEHIR, AND ANTAKYA, TURKEY AS WELL AS IN JORDAN. ADDITIONALLY, A PILOT SUMMER TERM PROGRAM WAS CONDUCTED IN NICARAGUA, USING A 1 TEACHER TO 4 STUDENTS FORMAT.
  2. IN PREPARATION FOR THE PILOT PROGRAM, THE ORGANIZATION CONDUCTED A LEADERSHIP SITE VISIT TO ASSESS READINESS AND PROGRAM STRUCTURE. TO MAINTAIN PROGRAM QUALITY, THE ORGANIZATION PERFORMS ONE TO TWO ON-SITE EVALUATIONS ANNUALLY, DURING WHICH THE COORDINATOR INTERVIEWS LOCAL STAFF AND REVIEWS PROGRAM OUTCOMES.
  3. DOMESTICALLY, THE ORGANIZATION EXPANDED ITS OUTREACH BY ORGANIZING MULTIPLE EVENTS, INCLUDING AN APPRECIATION DAY AND RECAP MEETING TO RECOGNIZE AND SUPPORT VOLUNTEER TEACHERS. IN ADDITION, THE ORGANIZATION FACILITATED TRAINING WORKSHOPS, NETWORKING SESSIONS AND COMMUNITY ENGAGEMENT ACTIVITIES TO ENHANCE VOLUNTEER CAPACITY AND PROMOTE AWARENESS OF THE PROGRAM'S MISSION ACROSS VARIOUS U.S. REGIONS. THESE EFFORTS HAVE SIGNIFICANTLY CONTRIBUTED TO MAINTAINING PROGRAM CONSISTENCY AND STRENGTHENING THE VOLUNTEER NETWORK NATIONWIDE.
  4. $67,506 spent. THE DREAM INC. IS COMMITTED TO PROVIDING HIGH-QUALITY EDUCATIONAL PROGRAMS AIMED AT EQUIPPING STUDENTS WITH THE SKILLS AND KNOWLEDGE NECESSARY FOR A BRIGHTER FUTURE. THROUGH INNOVATIVE ONLINE TEACHING PLATFORMS, WE OFFER PERSONALIZED ONE-ON-ONE CLASSES TO STUDENTS IN NEED. ADDITIONALLY, WE ORGANIZE PERIODIC OVERSEAS PROJECTS WHEREIN OUR TEACHING STAFF ENGAGE WITH STUDENTS DIRECTLY, FACILITATING LIVE, IN-PERSON EDUCATIONAL EXPERIENCES.
  5. THE DREAM INC. IS COMMITTED TO PROVIDING HIGH-QUALITY EDUCATIONAL PROGRAMS AIMED AT EQUIPPING STUDENTS WITH THE SKILLS AND KNOWLEDGE NECESSARY FOR A BRIGHTER FUTURE. THROUGH INNOVATIVE ONLINE TEACHING PLATFORMS, WE OFFER PERSONALIZED ONE-ON-ONE CLASSES TO STUDENTS IN NEED. ADDITIONALLY, WE ORGANIZE PERIODIC OVERSEAS PROJECTS WHEREIN OUR TEACHING STAFF ENGAGE WITH STUDENTS DIRECTLY, FACILITATING LIVE, IN-PERSON EDUCATIONAL EXPERIENCES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.