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Education : Scholarship and Financial Support

I Have A Dream Foundation - Los Angeles

Education. Empowerment. Opportunity.

four stars

93.97

3580 Wilshire Blvd. Suite 720
Los Angeles, CA 90010
tel: (213) 572-0175   Web Site
EIN: 95-4089758

Board Leadership
Ron Camhi
Chair

CEO
Debra Fine
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 93.97 four stars
  Financial 91.48 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2017 and includes data from FY2015, the most recent 990 received at that time.

The mission of IHADLA is to help at risk-youth and their families become empowered members of society by providing a long-term program that includes: academic support, college and career readiness, life skill development, parent engagement, and social-emotional support, plus the offer of a scholarship for higher education to assure the best outcomes for employment and life success. Our vision is that the cycle of intergenerational poverty will be broken in our life-time, as increased access to education leads to high-school graduation, college completion, and higher rates of employment. We seek to achieve our mission and make our vision a reality by sponsoring entire grades in low-income academically at-risk elementary schools, working with students, who we call "Dreamers", for 10+ years, through high school and into college. We then offer each high school graduate an $8,000 scholarship to be used for post-secondary education.

The mission of IHADLA is to help at risk-youth and their families become empowered members of society by providing a long-term program that includes: academic support, college and career readiness, life skill development, parent engagement, and social-emotional support, plus the offer of a scholarship for higher education to assure the best outcomes for employment and life success. Our vision is that the cycle of intergenerational poverty will be broken in our life-time, as increased access to education leads to high-school graduation, college completion, and higher rates of employment. We seek to achieve our mission and make our vision a reality by sponsoring entire grades in low-income academically at-risk elementary schools, working with students, who we call "Dreamers", for 10+ years, through high school and into college. We then offer each high school graduate an $8,000 scholarship to be used for post-secondary education.

Results Information

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Financial

four stars

91.48

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
72.7%
  Administrative Expenses 21.0%
  Fundraising Expenses 6.2%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 3.06
  Program Expenses Growth 12.9%
  Liabilities to Assets 1.3%
All data for Financial Performance Metrics calculations was provided by I Have A Dream Foundation - Los Angeles on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by I Have A Dream Foundation - Los Angeles on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
I Have A Dream Foundation - Los Angeles (CA) 93.97 four stars
Evans Scholars Foundation (IL) 91.60 four stars
Point Foundation (CA) 90.60 four stars
Jewish Tuition Organization (AZ) 86.84 three stars
Great Aspirations Scholarship Program (VA) 94.34 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $754,096
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $260,803
   Related Organizations $0
   Government Grants $0
Total Contributions $1,014,899
   Program Service Revenue $0
Total Primary Revenue $1,014,899
   Other Revenue $340,092
TOTAL REVENUE $1,354,991
   
EXPENSES  
   Program Expenses $1,054,391
   Administrative Expenses $297,908
   Fundraising Expenses $134,792
TOTAL FUNCTIONAL EXPENSES $1,487,091
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-132,100
   
Net Assets $3,688,125

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-06 06/01/2017 93.97 four stars
2015-06 11/01/2016 93.34 four stars
2014-06 06/01/2016 87.55 three stars
 
CN 2.0
2014-06 11/01/2015 81.78 three stars
2013-06 11/01/2014 78.51 two stars
2012-06 12/01/2013 81.36 three stars
2011-06 11/06/2012 84.31 three stars
2010-06 09/20/2011 83.91 three stars
 
CN 1.0
2009-06 06/01/2010 85.37 three stars
2008-06 02/01/2009 97.28 four stars
2006-12 11/01/2007 87.95 three stars
2005-12 12/01/2006 79.08 two stars
2004-12 11/01/2005 67.93 one star
2003-12 04/01/2005 76.61 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 95-4089758
Name in IRS Master File I HAVE A DREAM FOUNDATION-LOS ANGELES
NTEE Code T99
NTEE Classification Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (320) Boy Scouts, Girl Scouts, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012
  • June, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$137,500 9.24% Debra Fine Chief Executive Officer
Other Salaries of Note
$18,025 1.21% Katy Garretson Former Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
I Have A Dream Foundation - Los Angeles (CA) 93.97 four stars
Simon Youth Foundation (IN) 86.68 three stars
Marine Corps Scholarship Foundation (VA) 85.05 three stars
Futures in Education (NY) 89.94 three stars
Woodrow Wilson National Fellowship Foundation (NJ) 92.02 four stars

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Charity Contact Info

I Have A Dream Foundation - Los Angeles
3580 Wilshire Blvd.
Suite 720
Los Angeles, CA 90010
tel: (213) 572-0175
fax: (213) 572-0179
EIN: 95-4089758

Visit Web Site

Board Leadership

Ron Camhi
Chair

CEO

Debra Fine
Chief Executive Officer

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