Dreams Abroad Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 38% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
DREAMS ABROAD EDUCATES, SUPPORTS, AND EMPOWERS PROFESSIONALS WHO DREAM TO WORK, STUDY, AND LIVE ABROAD. THE ORGANIZATION HAS BEEN ESTABLISHED AND IS TO BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. SPECIFICALLY, THE ORGANIZATION WILL (CONT. ON SCHEDULE O) ACCELERATE THE DREAMS AND CAREERS OF GLOBAL PROFESSIONALS THROUGH AUTHENTIC ENGAGEMENT WITH KNOWLEDGEABLE LOCALS, EXPERIENTIAL LEARNING, AND PERSONAL EXPLORATION. THROUGH THE ORGANIZATION'S WEBSITE, SOCIAL MEDIA, LOCAL EVENTS, AND SCHOLARSHIP AND SPONSORSHIP PROGRAMS, IT WILL PROVIDE PROFESSIONALS WITH VITAL INFORMATION AND RESOURCES TO INSPIRE AND GUIDE THEM THROUGH THE VAST OPPORTUNITIES AVAILABLE TO WORK, STUDY, AND LIVE OVERSEAS.
- Income
- $408,065
- Spending
- $322,038
- Spent on programs
- 38%
- Reserves
- 4.9 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 2
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 38% of charities in its peer group (education, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 4.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 21% of income.
Income trend
15 of 15Income rose 76% on the year before.
Spending floor
0 of 1538% of spending went to programs and raising each dollar of donations cost 21 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 64 out of 100. Higher than 42% of charities in its peer group (education, $250k to $1m).
Independent board
0 of 252 of 2 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 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)
- $121,522 spent. THE ORGANIZATION WILL CHRONICLE THE LIVES OF ITS INTERNATIONAL NETWORK AND PROVIDE A PLATFORM FOR INDIVIDUALS TO CHART THEIR GLOBAL ADVENTURES, EDUCATE OTHERS ON SPECIFIC LOCATIONS AND CUSTOMS, AND SHARE STORIES TO ENLIGHTEN AND INSPIRE OTHERS. THE ORGANIZATION ALSO CONDUCTS A "MEET THE LOCALS" PROGRAM WHICH TURNS A SPOTLIGHT ON LOCAL COMMUNITY-MINDED ENTREPRENEURS, ARTISTS, SMALL BUSINESSES, AND NONPROFITS MAKING A PROFOUND IMPACT WITHIN THEIR COMMUNITIES AROUND THE WORLD. IN ADDITION TO FEATURED ARTICLES, THE ORGANIZATION HOSTS MEET THE LOCALS EVENTS ACROSS THE GLOBE, HIGHLIGHTS THE PASSION, EXPERTISE, AND ENGAGEMENT THE LOCALS OFFER THEIR COMMUNITY AND ORGANIZATION SPONSORSHIP RECIPIENTS AND SUPPORTERS. THE ORGANIZATION IS ACTIVELY RECRUITING ENTREPRENEURS, SMALL BUSINESSES, AND (CONT. ON SCHEDULE O) NONPROFITS TO ITS MEET THE LOCALS PROGRAM. THE ORGANIZATION DEVELOPED A SCHOLARSHIP PROGRAM IN 2024 TO HELP DEFRAY THE COSTS OF PARTICIPANTS' EDUCATIONAL AND PROFESSIONAL JOURNEYS. THESE SCHOLARSHIPS COVER A WIDE RANGE OF ACTIVITIES AND AGE GROUPS THAT ALIGN TO THE MISSION OF THE ORGANIZATION.IN 2025, THE ORGANIZATION SENT ITS FIRST SCHOLARSHIP RECIPIENT ABROAD.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.