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Dreamers Academy Inc

EIN 82-2813068 · Sarasota, FL

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

LegitimacyPassesRegistration and standingFinancial healthWeak40 out of 100GovernanceFair65 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

DREAMERS ACADEMY DEVELOPS BILINGUAL, BILITERATE, AND CROSS-CULTURAL LEADERS OF CHARACTER WITHIN A CARING ENVIRONMENT THAT ENCOURAGES FAMILY ENGAGEMENT AND CELEBRATES AMERICA.

Income
$8.2 million
Spending
$7.3 million
Spent on programs
59%
Reserves
-26.2 months of spending
Largest source of income
government grants, 82%
Employees
86
Volunteers
12
Highest pay
$112,667, head of school

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 40 out of 100. Higher than 8% of charities in its peer group (youth development, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    2 of 20

    It owes 98% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    15 of 15

    Income rose 17% on the year before.

  • Spending floor

    8 of 15

    59% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 65 out of 100. Higher than 18% of charities in its peer group (youth development, $1m to $10m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no 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.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

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

Source: Form 990 for the year ending June 30, 2025, 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 (1)
  1. $4.3 million spent. DREAMERS ACADEMY IS PROUD TO BE THE ONLY DUAL-LANGUAGE SCHOOL IN SARASOTA COUNTY, CONTINUING OUR MISSION TO CULTIVATE BILINGUAL, BILITERATE, AND CROSS-CULTURAL LEADERS OF CHARACTER WITHIN A NURTURING ENVIRONMENT THAT ENCOURAGES FAMILY ENGAGEMENT AND CELEBRATES AMERICA.NOW IN OUR FOURTH YEAR OF OPERATIONS, DREAMERS ACADEMY CONTINUES TO GROW IN BOTH ENROLLMENT AND IMPACT. FOR THE 2024-2025 SCHOOL YEAR, OUR ENROLLMENT INCREASED TO 530 STUDENTS IN KINDERGARTEN THROUGH 5TH GRADE, REFLECTING THE STRONG DEMAND FOR OUR UNIQUE ACADEMIC MODEL.KEY HIGHLIGHTS FROM 2024-2025STAFF EXCELLENCE & RETENTION WE PROUDLY MAINTAINED FULL STAFF RETENTION THIS YEAR, UNDERSCORING OUR COMMITMENT TO A POSITIVE AND COLLABORATIVE WORK CULTURE.-84% OF OUR TEACHERS ARE FULLY BILINGUAL-65% HOLD ADVANCED DEGREES (MASTER'S OR HIGHER)DREAMERS ACADEMY CONTINUES TO ATTRACT AND RETAIN HIGHLY EFFECTIVE EDUCATORS WHO ARE DEDICATED TO ACADEMIC EXCELLENCE AND STUDENT SUCCESS.FAMILY & COMMUNITY ENGAGEMENTFAMILY PARTNERSHIP REMAINS AT THE HEART OF OUR SCHOOL CULTURE. WITH THE SUPPORT OF OUR PARENT TEACHER COUNCIL (PTC) AND LOCAL COMMUNITY PARTNERS, WE SIGNIFICANTLY EXPANDED OUR FAMILY ENGAGEMENT EFFORTS THIS YEAR.WE ALSO LAUNCHED FAMILIACONNECT, A NEW INITIATIVE DESIGNED TO STRENGTHEN COMMUNICATION AND COLLABORATION WITH FAMILIES. EVENTS AND ACTIVITIES INCLUDED:-LITERACY WORKSHOPS AND FAMILY LIBRARY NIGHTS-SPIRIT DAYS-FALL FESTIVAL-LITERACY PARADE-SCHOLASTIC BOOK FAIR & SPECIALS NIGHT-FUN RUN AND FIELD DAY-STAFF APPRECIATION WEEK-TWO ENGAGING END-OF-YEAR PERFORMANCES IN MAY FEATURING GRAMMY WINNERS MR. G. AND 123 ANDRS, CELEBRATING OUR ACADEMIC ACHIEVEMENT AND CORE VALUES.THESE EVENTS CREATED MEANINGFUL OPPORTUNITIES FOR FAMILIES TO ENGAGE WITH THEIR CHILDREN'S LEARNING AND BUILD COMMUNITY ON CAMPUS.ACADEMIC ENRICHMENT & COMMUNITY PARTNERSHIPSOUR AFTER SCHOOL LITERACY ENRICHMENT AND TUTORING PROGRAM REMAINS A CORNERSTONE OF STUDENT SUPPORT, ENSURING ALL LEARNERS HAVE THE TOOLS THEY NEED TO SUCCEED. THIS INITIATIVE IS GENEROUSLY FUNDED THROUGH A GRANT FROM UNITED WAY SUNCOAST, NOW IN ITS THIRD YEAR OF PARTNERSHIP WITH DREAMERS ACADEMY.WE ALSO STRENGTHENED COLLABORATIONS WITH KEY INSTITUTIONS, INCLUDING:-SARASOTA AND MANATEE SCHOOL DISTRICTS-COMMUNITY FOUNDATION OF SARASOTA-SELBY GARDENS-UNIVERSITY OF SOUTH FLORIDA (USF)-STATE COLLEGE OF FLORIDA (SCF)THIS YEAR, WE PROUDLY WELCOMED PRE-SERVICE TEACHER INTERNS, FURTHERING OUR ROLE AS A MODEL SITE FOR BILINGUAL EDUCATION AND TEACHER DEVELOPMENT.DREAMERS ACADEMY REMAINS STEADFAST IN THE MISSION AND ARE EXCITED FOR THE FUTURE. OUR CONTINUED GROWTH, STRONG FAMILY PARTNERSHIPS, AND COMMITMENT TO EXCELLENCE AFFIRM THAT DREAMERS ACADEMY IS NOT ONLY A PLACE OF LEARNING, BUT A THRIVING, INCLUSIVE COMMUNITY WHERE EVERY STUDENT IS EMPOWERED TO DREAM BIG, LEARN DEEPLY, AND LEAD WITH CHARACTER.

Source: Form 990 for the year ending June 30, 2025, 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 October 13, 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 November 6, 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 October 13, 2026.

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

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

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

    Recognized by the IRS since July 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.