The DREAM Program, Annual Reports, Annual Report, 2008

The DREAM Program2008 Annual Report

The DREAM Program, Inc.PO Box 361, Winooski, VT 05404

802.338.8979 www.dreamprogram.org

DR

EA

M

Board MembersMike Foote Former DREAM Program DirectorWinooski, VT

Bill Finnegan; ChairCo-Founder of Tamarack MediaMontepelier, VT

Cara GleasonDirector of the Northern Lights ProgramBurlington, VT

Patrick DeLeonSpectrum Youth ServicesBurlington, VT

Kristin BurdgeKing Street Youth CenterBurlington, VT

Lu NeuseStudent of Education, Former Mentor and Staff MemberBurlington, VT

Pete Land; Vice ChairCo-Founder of Tamarack MediaBurlington, VT

Kristen TowbinRetail Training Manager at Ben and Jerry’sWinooski, VT

Karen Dusini; SecretaryAdministrative Coordinator Information Systems at Champlain CollegeBurlington, VT

DREAM partners with AmeriCorps to expand the quality and breadth of our impact.

www.dreamprogram.org

Mike Loner, Executive Director & Bill Finnegan, Board Chair

1

Annual Report 2008

Report Contents

2

DREAM Timeline

A Supportive Community

DREAM Tree

Our Children

Our Mentors

Our Supporters

Our Future

Support The Alumni Organization The Annual Appeal Community Partners & Supporters

Financial Statements

(inside cover?)

www.dreamprogram.org3

1999Dartmouth college students cross over the river to hang out with kids from Templeton Court, a Vermont affordable housing community. The students started bringing the kids back to campus for one-on-one and group activities. DREAM is born!

The DREAM Timeline

Winter

1999Spring35 kids and mentors go on the fi rst Culminating Experience to Boston. The DREAM T-Shirt is invented.

2000Children from Templeton Court and Dartmouth mentors go on the fi rst High Adventure Trip to Colorado. By the end of the fi rst 2.5 years, DREAM has almost 70 mentor pairs!

2001DREAM becomes an incorporated non-profi t called The DREAM Program, Inc. and begin to open up local programs across Vermont. The UVM program begins, followed by a program with St. Michael’s College.

A look back on the fi rst ten years of the program.

Annual Report 2008 4

2004DREAM purchases 50 acres of land on Metcalf Pond in Fletcher, VT. With the support of the Vermont Land Trust, Camp DREAM is created! Camp DREAM provides free summer and winter camping experiences to all children and mentors in the organization. The alumni council is established.

DREAM becomes an Americorps state program, doubling the office staff. DREAM teens go on the first teen service trip to Washington, D.C.

2007

2009DREAM is now present on nine college in VT: The University of Vermont, St. Michael’s College, Champlain College, Norwich University, Castleton State College, Green Mountain College, Bennington College, Middlebury College and Dartmouth College. DREAM works with 13 affordable housing communities around Vermont, serving over 200 children, and boasting an alumni organization of over 600 mentors and children! This fall, the DREAM central office will be opening a second office in Boston! As we approach our 10th year, we set our sites on helping more kids in more states across the nation!

www.dreamprogram.org 5

A supportive community As I near completion of my second year as the first ever DREAM historian, I am in awe of history of the organization. For this year’s annual report, as we come upon our tenth anniversary, we wanted to the theme to be centered around the importance of history—history of DREAM, histories of the families we work with, history of communities coming together to help one another, and with all of this, knowing the history of where we came from and how that impacts the history we are creating for the future. Recognizing the importance of history, last year DREAM chose to a hire a historian, a unique opportunity for what some may consider to be a fairly young non-profit. I have been honored to hold this position for nearly two years and it has been a truly moving experience to spend time uncovering the history of how such a unique and remarkable organization was created. What I have found is that the history of DREAM is all about the children, families, mentors and supporters who have built the organization from the ground up, with an incalculable amount of love, dedication and support. Together, these people have created a web of exceptional individuals who want to change history for the better and open up a world of possibilities for children we mentor. As I tried to string all of these histories together, the image of a tree kept coming to my mind, a tree which holds all of these histories within its branches, connecting and branching out from one another. I imagined the roots and base of the tree to begin with a child in one of our eleven communities, presented with limited opportunities and in need of a friend. I imagined a DREAM child and their families making the roots and trunk of the tree, the base around which all of DREAM surrounds. From a child, a series of branches connect to the mentors from our colleges, and their dedication and love that help our kids grow, change and have new experiences. It is these relationships that give the tree strength and support, and extends the child’s reach closer to the skies. From these branches comes the final tier of the tree, which cover and support the whole tree, our many, many dedicated supporters, who make the dream possible. Together, all of these vital components make up the DREAM tree, beautifully created by former DREAM staff member, Lu Neuse, forming a community of love and support within which each individual DREAM child can grow. All of these components make up one of DREAM’s core values, “Supportive Community,” a belief that all of those involved in DREAM-children, parents, mentors, staff, alumni, and other supporters - are part of a single community that works to support and sustain itself. I encourage you to use the core value of supportive community hand in hand with the beautiful visual of the DREAM tree, as your guide as you read this year’s annual report. I hope this report not only shares with you the bits and pieces of individual histories of people within dream that have made it what it is today, but also how DREAM is molding history as it involves itself in lives of the children within it.

by Lily Landes

Annual Report 2008 6


our children

Annual Report 2008

The DREAM Program, Inc. builds communities of families and college students that empower children from affordable housing neighborhoods to recognize their options, make informed decisions, and achieve their dreams. All of the mentors, office staff, partners and supporters are working and donating their time, energy and love to the program for these children and their families. These children are what drives our organization and what our organization is about. These children are the roots for which the rest of the DREAM tree can grow. These children are why we do what we do. These children are why DREAM was created and why DREAM continues on.

These children are DREAM.

DREAM believes that by forming a one on one relationship with a mentor, these remarkable

children can form lasting connections, be exposed to new opportunities and adventures,

and dream bigger than they ever thought possible.


Annual Report 2008

children


mentors

our mentors

Annual Report 2008

Our mentors are the dedicated, loving and passionate individuals who reach out their hands to children in need, helping them to learn, grow and have new experiences and opportunities. It is these mentor/mentee relationships that give the dream tree strength and support, and extends the child’s reach closer to the skies. Our mentors hail from eleven different colleges and universities, and volunteer with DREAM to create one on one relationships with children in nearby distressed communities. DREAM mentors spend their time hanging out with their mentees on Fridays, planning group programming, getting to know their mentees families, organizing end of semester trips and high adventures, and last but certainly not least, forming long lasting strong bonds with the children they work with.


“I really just want her to have an amazing time when she sees me every week. She’s an awesome kid and I hope that DREAM helps her realize just how cool she is and builds up her confidence. I want her to know that she can depend on me and that I am most certainly her friend. I think it’s about a mutual learning process, I know I’ve learned a lot from her and I hope she could say the same for me.” - Danielle Moore, Franklin Square Mentor

“I can make a difference. I see it everyday.” - Kiersten, Armory Mentor

“I think one of the best parts of DREAM is the community focus. I love being part of a program where you not only go to visit your mentee but all of their neighbors and friends, it creates a home away from home when I’m at school.” - Lindsay Deane, Northwoods Hollow Drive Mentor

Annual Report 2008

“It’s been astounding to see the positive impact that a group of young people can have on the world... I have been in awe of the things that we, a group of college students, do in DREAM ever since I joined the program. I learned that a few people with a dream and some motivation can accomplish incredible things and do more good for the world than anyone might have expected. I’ve learned that I, personally, can take an idea like taking twelve kids to New York City for a week, or creating a retreat for teens all over Vermont, develop it and see it through to the end. I have learned that the power of a dream can work magic on the world.” -Jenna Mawhinney, Frelm St. Mentor


our supporters

Annual Report 2008


our future

Annual Report 2008

Oh, the places DREAM will go! As we pass our tenth year and look into the future, there is so much possibility and we couldn’t be more excited about it. As DREAM opens their new office in Boston this fall, we can’t believe how far DREAM has come and how many more communities, children and families we hope to reach in the coming years.

“The experience of the DREAM Program has been so wonderful for my children. Being a part of the program has given my children the added boost they needed in order to accomplish goals (personal, educational, and social) that were less attainable prior to being mentored. During the time that Kathlyne, my oldest daughter, was mentored she changed from a quiet introverted child into a self confident and outgoing young woman who was ready to take on the world when she entered college in 2007. Her experience with the DREAM program and her mentor was definitely the positive influence that gave her the base foundation she needed to accomplish this transformation. I am extremely grateful to all of the past, and future mentors that have been or will be involved with my children and look forward to more wonderful outcomes for my daughters during their association with the Dream program and mentors. This program is such a positive experience for the children involved.”- Valerie J. French, Mother, North Woods Hollow Drive


Five years ago, I sat on the floor in the front foyer of a Champlain College dorm and listened to Chad Butt and Mike Foote offer me an opportunity that would break up my sometimes mundane college schedule, have fun, be a kid again and positively impact a child’s life—all at the same time. As Chad put it, “It was hands down the best experience of my college career.” Although they only spoke for 30 minutes, what they said transformed my views on civic engagement, community involvement, and ultimately, my life’s work and direction.

My DREAM past, present and futureby Josh Warren

Before that meeting my view of myself as a typical college student might have prevented me from getting involved with a mentoring program. What did I have to offer a child? Who would want to spend their Friday afternoons hanging out with me? Why would I want to spend my Friday afternoons volunteering? Yet, within those thirty minutes, my outlook shifted from ‘What do I have to offer?’ to an overly enthusiastic ‘When can we start?’ In no time at all I found myself lost in a maze of mobile homes in Birchwood Manor, a low-income housing community in Milton, VT. I was with eight other Champlain College DREAM mentors and we were looking to recruit the first group of Birchwood DREAM mentees. Some doors went unanswered and others were shut in our faces, but seven wonderful families invited us into their homes and into their lives. I was soon partnered with an eight-year-old boy named Michael and within a few short weeks, the Birchwood DREAM Program became DREAM’s sixth local program, with nine 1:1 mentoring matches. I spent two fun-filled years as Michael’s mentor. Friday afternoons were often spent on campus at Champlain College or in downtown Burlington, on Church Street. We traveled to Montreal, upstate New York, Boston, and Camp DREAM. Whether he knew it or not, Michael became one of the most influential

people in my life. Soon after meeting him I changed my major from digital forensics to elementary education. I took a job with the college as a student outreach coordinator, and my free time was happily consumed with rousing others to serve the community in whatever ways inspired them.

Birchwood, High Adventure NYC,

Annual Report 2008

Soon after meeting him I changed my major from digital forensics to elementary education. I took a job with the college as a student outreach coordinator, and my free time was happily consumed with rousing others to serve the community in whatever ways inspired them. Looking back, those were quite possibly the best two years of my life, but things weren’t always easy with Michael. For every smile there was a tear, and for every outburst of laughter, a fit of temper. In my two years with Michael, he showed me that anything was possible. He taught me how important it was to take constructive and calculated risks. He helped me raise the bar for what I believed was possible in my own life, and for every milestone that I aimed to help Michael achieve, he helped me achieve tenfold. This past fall I returned to The DREAM Program, as a Program Empowerment Director, and AmeriCorps staff member to open DREAM’s first satellite office in Bennington, VT. Once again I found myself sitting on floors across from Chad, only now I was telling college students that, “DREAM was hands down the best experience of my college career.” From DREAM’s new office in Bennington, I supported mentors at Green Mountain College and Bennington College and helped create The Poultney DREAM Program and The Willowbrook DREAM Program, two of our youngest local programs. With the addition of these two local programs DREAM now serves over 250 mentoring matches, on nine college campuses and thirteen low-income communities.

In five short years I have seen the overwhelming impact that DREAM has had on my life. But my story is not unique. With every Friday afternoon spent on a college campus or in the community, on every High Adventure Trip or culminating experience, and in each venture to Camp, mentees and mentors alike are challenged to step outside their comfort zone, take constructive risks, and raise the bar for what they believe is possible in their own lives. DREAM’s model has become something that I believe in and something that I have found great joy and reward in introducing to new colleges and communities. In the fall of 2009 I will embark on a new journey with DREAM to work with Chad once more in opening DREAM’s first regional office in Roxbury, Massachusetts. This will mark not only DREAM’s first attempt at programming outside of Vermont, but also the first time that we have employed our unique mentoring model in an urban setting. With inroads already paved, we will be starting two local programs in year one, with a goal of mirroring Vermont DREAM’s size and scope by year five. With great excitement I look forward to helping DREAM launch a bright future in Boston, just as Chad, Michael, and DREAM helped me launch a bright future at Champlain College five years ago.


DREAM’s Next Five Yearsby Mike Loner, Executive Director

This fall, the Boston office will expand it’s reach in Boston to include other communities and new colleges. In three years, the office will hire it’s first Executive Director and become DREAM’s first independent regional office. We anticipate that in five years, The Boston office will equal the Vermont office in number and size of local programs, summer program offerings and staff structure. The DREAM Central office, learning from this effort, will then begin the process of opening other regional offices throughout the North East. In ten years, our goal is to have regional office in Boston, Western Massachusetts and Rhode Island.

All of this has been made possible because of you. Possible because of your dedication and love for DREAM, your donations of time, energy, and money, and your unwavering support for our kids. You are the GIANTS of DREAM. You have empowered us to DREAM big about the future. And you have given us the confidence to take our exciting program to more kids and more mentors across the region.

We must all do our program forward to make this vision, this DREAM, a reality. How? If you are a mentor, do what you do best, support your kids and help them achieve their dreams. If you are an alum, contact the Alumni Organization to find out how you can stay involved. If you are a friend and supporter of DREAM, let others know about our work and encourage them to give. And, if you live in Boston, let everyone know that DREAM is on it’s way!

Thank you all and keep DREAMing!

Annual Report 2008

...and soon Boston!

Our Current Programs as of 2009

Past the reporting time of this report, we have etsablished three new programs in 2008. For the purposes of the report Poultney, Riverside and Willowbrook have been added.


SupportThe Alumni Organization Once a DREAMer, always a DREAMer. When mentors graduate and mentees turn 18, they join the Alumni Organization. Now over 700 strong and covering the world, DREAM Alumni check in with their mentees, attend events around the country, and support their programs with annual donations. In just a few years, the Alumni Organization has built an endowment of over $50,000. They direct the interest of the fund to special initiatives that Local Programs or mentor pairs have designed, such as fund raising events, trips, and com-munity projects. Thank you to the donors who have built this endowment.

$1000 and upJeff KinkaidTm WrightJon PotterSam Glickman

$500-$999Charles & Anita WarrenLeah ThreattePeter HelsethEd BiaPeter HelsethEd BialasJesse Foote

$250-$499Beth HustonDrew SheriffMegan JohnstonMike Newton

$100-$249Bryan WellensCourtney ChouDavid AndersonDavid BallLaura BurtLaura ZarchinLaura EmersonMarc Angelico

Mike SawyerMolly MirandaSam FitzCammee ShannonPeter Sokol-HessnerCailie BurnsAaron GainesRebecca TaxierBrian FeldmanBrooke LiermanJosh WarrenKailie WilletsKatrina PreissPaul BiggsMike Lefebvre & Corrie McCartyDevon Green

$50-$99AJ LeGayeAllison ParadeeAshley CarletonAshley MasBrad BateChad ButtChris MurphyChristopher TaylorKathryn & Charles RossDominic Piperno

Edy WilsonElizabeth RosenForest HansonGary TildenJeremy EllisJohn ArmoryJosh SlatteryJulia RiskKatie WisemanLindsay GreenbergLiza Rosenbaum

Donors In The 2007 Alumni Appeal

Northern Alumni BBQ 2009

Mary CurtinNathalie SheppeRaj KarlaRob BialasSarah HallSean AlpertTracy KimAmira BakrBrianna DusseCarly O’ConnellDan AugustJohn Cyr

Annual Report 2008

$25-$49Adam GottliebAlison BasdekisBecca KarlenBrittany BethBrittany WalkerChris EllingwoodChristine EnnisCindy WuClaire ChandlerCourtney BreslinDan HassouniEmily RummoEric FriesJames GoodmanJeannie EisburgJeff CooneyJon HopperJordan-Nahas VigonJudy HuangKate HubbellKatherine DepewKatie ReichardtKelly FisherKi Mae HeussnerLindsey DavidLu NeuseMelissa ShelkoMeredeth McGowanPaul EspinaRyan FarranSarah WilliamsScott HessTara MurphyTikhon BernstamVictoria FenerCharlotte BornChristin KehnDean KrishnaDominic GermanaJJ PinetteKendra NardiKirstin BeattieKristin BurdgeMegan SpauldingMolly RedmondNicole WalshSteve AddisonAlexis Sheehan

Kate KnightSteve AntayaAlli ShapiroJenni PostAntje & Sebastian BarreveldChris BrownDjahane SalehabadiKate HaggertyKeith MusselmanNikolas FranksTin Ha-NgocMike Foote

$1-$24Lindsay JohansonJames KellerAlex KallisAlex TorresAllison BoylesAnne FletcherBob BartlettCraig DavisDakota Casserly

Chris HigginsDan HassouniDaniella HirschfeldDave DambyEvan ChrissKristi CannonLaura March Maya SrikanthMike KennedyPaul SalipanteRachel RachardsonSarah HughesSarah MistrettaStepahnie GergelyStepahie Nguyen

Dylan GeeGiulia Good-StefaniJackie GreaneyJossie TommasinoKristin RombergLaura RocheMaggie RussellMonica Barrera ContrerasNancy BeardNick KoshnickShelby SoaresStephanie LawrenceSusie FoxTim YangElizabeth BissellKatie StevensonLance KramerMirelle PhillipsTammy WhittingtonAdam GoldfarbAllie WilliamsBecky GrobergChelsea Minkler

Twenty Seven alumni came back to Camp DREAM for the 2008 Alumni Reunion. They discussed future Alumni initiatives, worked on Camp projects, competed in the second Matcalfathonalon, and put on a rocking camp fire show.

Alumni Reunion 2008 at Camp DREAM

See donors and details of the 2008 alumni appeal on our website.


The Annual Appeal Individual donors support over 15% of our budget. These gifts ensure consistent programming and allow us to begin new initiatives. Families of current and past mentors are still the core of our donor base. This is a clear indication that DREAM plays an impor-tant role in the lives of our mentors. As our program grows, we are building a solid group of community supporters, ensuring our long term commitment to Vermont’s children. Thank you to all the donors who make this work possible.

87 donors gave over $53,639 in the 2007 Appeal$5000 and up Gail LeesHaag FamilyRegina Olchowski

$2500-$4999Dorothy & Jack ByrneHelen & Andy Biggs

$1000-$2499Alice FooteJen Lazar & Daniel ShearerJudy KruegerKaren & Lowell RichardsKenny BacowRees & Kathy ShearerIBMRobert BriseeIan & Katla KennedyJon PotterScott Mishara

$500-$999Brian & Jeanne AddisonDale & Kirk GleasonDenise & James PalmerJack & Kathleen McKayJames Chalfant & BB KingJean BurdgeThe Piperno Family

$250-$499Allison & Patrick CaulfieldEric Thorgerson & Eliza-Beth FooteKaren & Paul Dusini

Kent & Liz DautenPatrick & Jean DeLeonPeter & Mallory ArmstrongSue & Chuck BurtThe Baer FamilyThe Bird FamilyThe Jenkins FamilyThe Mervak FamilyChris HowellDorothy TreismanHuston FamilyCurt GuentherLinda & Monte Shaw

$100-$249Amy & George LathropAndy Barker & Ana RuesinkAnn & Randall Deming Birgit WunnChris KruegerConnie LiermanDavid Hirshey & Susan SquireDavid HoffmanDavid SquireDavid WilliamsDeborah YoungEleanor BurnsElizabeth AllenErin Moodie & Alex GhesquiereFrank HainesGeraldine & Gregory BebernitzJay Vigon & Margo NahasJeffrey & Michele ParkerJeisook and John ThayerJerry Bryant & Fran GoodwinJoelle Kayden

Kevin & Sasha GoldmanMark EcksteinMatt & Jamie BrownMike & Ida McNamaraRebecca DeutschRex ButtRonald & Laurel SchliftmanSusan & Barry RosenThe BiggsThe Carniciu FamilyThe Connor FamilyThe Dumont FamilyThe Dwinell FamilyThe Farran FamilyThe Land FamilyAlan & Judith HoffmanJean LatourLaura ShawSarah Kahn & Richard RouthierBarbara PrickettDavid SpinolaJaime GaramellaJon HarrisLara PetersenMatt Dunne & Sarah TaylorMike FinkRalph Perkins and Tuberville FarmRegina MahoneySheila JulienThe Landes FamilyTildenPaul SchwartzkopfBob BuermanTed & Esther Burns Mike & Vicki Loner

Annual Report 2008

$50-$99Russ & Lara WeisAndrew ChrissBarbara Burns SullivanBill and Jane ClarkeCarl & Jessica EllisCarol LonerCharles & Anita WarrenDavid & Sabine SheppeDavid FooteDennis & Andrea BrownErica-Lee Pierce & Michael NagleGerry SheltonHarry Resovsky & Dorothy AbercrombieHenry DusseaultIra Mintzer and Marian MenkelJanice MillerJohn & Kathleen FloydJohn Tobin & Gail RisseJon & Kathleen BallouKaryn Sandelman & Michael DobbsLisa Marks Margaret BurdgeMark TrudeauMary & David PalumboMary and Robert ZurawMary IppolitoPat & Dave OberdorffRandall & Lisa Austin-SmithRina WatsonRobert & Lori HorowitzRuchard and Suzanne RothsteinShelley BogaertSithara BatchaSteve Fisher & Nancy GarretsonStu McGowanSuzanne & Daniel SchliftmanThe Sokol FamilyThe Zaengle FamilyTim AsheWilliam & Jayne AddisonKmetz FamilyOtho KerrThe Butterworth FamilyThe Hunter FamilyJon Normandin

$1-$49Michael HamplVirginia & Hollis FieldGary De CarolisJerry GeierLaura GoldblattLise MartinRose PinetteNancy CathcartAdele WeinsteinAna EspinaArlene Aizer-CohenCathy & Mark ConradCynthia Gaskill & Stephen BezarkDebbie MandelElaine GuregianFelicity Bensch and David FogartyHelen CrosbyJames & Paula RishJoel & Janet Angelico Johanna NeugebauerKathy & Joshua ChasanLauren Armstrong

Manson SolomonMarlene TilleryMary AllanOwen & Dorothy WalshRobert and Leanne LinckSally Guregian & Robert WitteSchuyler CrawfordSheila SandelmanSuzanne Sherer-ArenosTeddy SalgadoThe Barrett FamilyThe Covey FamilyThe Gosselin FamilyThe Lawton FamilyThe Magna FamilyThe Morse FamilyThe Sbardella FamilyGalen WilkersonThe Driscoll FamilyThe Higgins FamilySiobhan Donegan & Vince BrennanJoyce Dubensky & Philip SegalAnne & Ted Thaxter

Janet McDonald and Frelm St. Mentees, Shelburne Farms 2008

www.dreamprogram.org !

"#$%&'(!)*+,-.+(!*-/!01223+,.+(!!!Nonprofit organizations require a lot of help to get started and to grow into a powerful force for change. Over the past six

years DREAM has built partnerships with a number of local, regional, and national organizations and businesses. We offer our

thanks to all of the organizations who supported and partnered with us in 2007. Without your help, we could not do what we do.

Vermont

Housing &

Conservation

Bennington Housing

Authority

Thanks to the Winooski Housing Authority and Ben & Jerry’s for housing us! And thanks to Dino’s

Pizza for donating the vegetable oil that keeps our bus moving!

DINO'S PIZZA AND RESTAURANT

Champlain Oil

Vermont Tire & Services

Partners and SupportersNonprofit organizations require a lot of help to get started and to grow into a powerful force for change. Over the past six years DREAM has built partnerships with a number of local, regional, and national organizations and businesses. We offer our thanks to all of the organizations who supported and partnered with us in 2007. Without your help, we could not do what we do.

Annual Report 2008

Financial Statements

THE DREAM PROGRAM, INC.

STATEMENT OF FINANCIAL POSITION (UNAUDITED)

August 31, 2008

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

56,681

- Board Designated 10,000

Accounts receivable 57,840

Prepaid Insurace 4,028

Accounts receivable (Housing Authorities) -

Total current assets 128,549

INVESTMENTS:

8,055

Restricted 43,383

Total Investments 51,437

LONG-TERM ASSETS:

35,920

Equipment 5,500

Land 100,000

Accumulated depreciation (6,257)

Total property and equipment, net 135,164

TOTAL ASSETS 315,150$

LIABILITIES AND NET ASSETS

CURRENT LIABILITIES

Accrued Expenses 5,092$

4,631

Total current liabilities 9,723

Total liabilities 9,723

NET ASSETS:

Net assets, beginning of year 272,579

Unrestricted net income (8,236)

Temporarily restricted net income 41,083

Total net assets 305,426

TOTAL LIABILITIES AND NET ASSETS 315,150$

Accounts payable

-Unrestricted

Board Designated

Building

The Financial Statements shared here reflect DREAM’s calendar year (Jan 1, 2007 to Dec 31, 2007) income and expenses. In 2008, DREAM changed its fiscal year to a September 1 to August 31 budgetary cycle to better reflect our actual program year. The Financial Statements for our Fiscal Year 2008 are available online and will be shared during our next Annual Report.


THE DREAM PROGRAM, INC.

STATEMENT OF ACTIVITIES (UNAUDITED)

YEAR ENDED August 31, 2008

Temporarily

Unrestricted Restricted

REVENUES, GAINS, AND OTHER SUPPORT:

Contributions

Government -$ 178,922$

Foundations 3,000 75,150

Companies 1,799 1,602

Organizations 29,768 10,500

United Ways - 8,333

Individuals 47,338 18,772

Fees 38,500 -

Investment income 368 -

Sales to public 220 -

Fundraising events 9,399 -

In-Kind contributions 9,000

Net assets released from restrictions:

Satisfaction of program restrictions 252,196 (252,196)

Total revenues 391,588 41,083

FUNCTIONAL EXPENSES:

Program Services:

School-year programs 164,164 -

Summer programs 50,467 -

Camp DREAM 100,008 -

Total program services 314,639 -

Supporting Services:

General and administrative 64,404 -

Fundraising 20,782 -

Total supporting services 85,186 -

Total functional expenses 399,824

TOTAL INCREASE (DECREASE) IN NET ASSETS (8,236) 41,083

NET ASSETS, BEGINNING OF YEAR 241,836 30,743

NET ASSETS, END OF YEAR 233,600$ 71,826$

Annual Report 2008

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inside back cover

list of current programs???

Annual Report 2008

Thank you

Documents

The DREAM Program, Annual Reports, Annual Report, 2008