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Nonprofit · EIN 82-2813068

DREAMERS ACADEMY INC

Also known as DREAMERS ACADEMY

Tax-exempt · SARASOTA, FL 34234

Financials

$3.9M$4.6M2022$7M$6M2023$8.2M$7.3M2024
Revenue Expenses · by fiscal year end
Financials of DREAMERS ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,152,431$7,254,614$897,817$21,698,849$21,332,445$366,404
June 30, 2024990$6,960,106$6,032,291$927,815$20,828,970$21,360,383-$531,413
June 30, 2023990$3,928,091$4,634,938-$706,847$19,769,184$21,228,412-$1,459,228
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,643,260
of which government grants
$6,656,644
Program service revenue
$0
Investment income
$82,770
Net income from fundraising events
$8,924
Other revenue
$426,401

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$116,600
Other salaries and wages
$3,171,140
Salaries, compensation and benefits (total)
$3,912,057
Professional fundraising fees
$0
Occupancy
$153,984
Travel
$10,343
Depreciation
$541,844
Program services (functional)
$4,251,655
Management and general (functional)
$3,002,959

Balance sheet and other

Total assets, start of year
$20,828,970
Total assets, end of year
$21,698,849
Total liabilities, end of year
$21,332,445
Net assets, end of year
$366,404
Land, buildings and equipment
$16,184,314
Net assets without donor restrictions
$366,404
Gross receipts
$8,152,431
Employees
86
Volunteers
12
Year formed
2017
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DR CATHERINE RODRIGUEZHEAD OF SCHOOL
Officer
55$112,667
THOMAS CHAFFEECHAIRMAN
Trustee or director, Officer
1$0
DANIEL KENNEDYVICE CHAIR
Trustee or director
1$0
HUMBERTO ALVIASECRETARY
Trustee or director
1$0
AYLETTE FIGUEREDOTREASURER
Trustee or director
1$0
KAVEECIA MOOREDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
DR CATHERINE RODRIGUEZHEAD OF SCHOOL
Officer
55$100,888
THOMAS CHAFFEECHAIRMAN
Trustee or director, Officer
20$0
AYLETTE FIGUEREDOSECRETARY
Trustee or director, Officer
1$0
DAN KENNEDYVICE CHAIR
Trustee or director, Officer
1$0
HUMBERTO ALVIATREASURER
Trustee or director, Officer
1$0
KAVEECIA MOOREDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
CATHERINE RODRIGUEZHEAD OF SCHOOL
Officer
40$93,933
THOMAS CHAFFEECHAIRMAN
Trustee or director, Officer
1$0
AYLETTE FIGUEREDODIRECTOR
Trustee or director
1$0
DAN KENNEDYDIRECTOR
Trustee or director
1$0
HUMBERTO ALVIADIRECTOR
Trustee or director
1$0
KAVEECIA MOOREDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
C/O DREAMERS ACADEMY 2146 MYRTLE ST, SARASOTA, FL 34234-0000
Principal officer (990 for 2024)
THOMAS CHAFFEE, 2146 MYRTLE ST, SARASOTA, FL 34234
Signed the 990
THOMAS CHAFFEE, CHAIR
Phone
(941) 888-4000
Return prepared by
VERDEJA & ALVAREZ LLP

Mission

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

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $4,251,655 · revenue $417,477

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
82-2813068
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$21,698,849
Income (IRS master file)
$8,152,431

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,152,431$7,254,614$21,698,849IRS
990June 2024$6,960,106$6,032,291$20,828,970XML
990June 2023$3,928,091$4,634,938$19,769,184XML
990June 2022$3,047,955$3,724,593$21,129,647IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2813068).

Questions about DREAMERS ACADEMY INC

What is the EIN of DREAMERS ACADEMY INC?
The employer identification number (EIN) of DREAMERS ACADEMY INC is 82-2813068.
Is DREAMERS ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to DREAMERS ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAMERS ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DREAMERS ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DREAMERS ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DREAMERS ACADEMY INC?
The 990 for the year ended June 30, 2025 names THOMAS CHAFFEE.
Who are the officers and directors of DREAMERS ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $112,667 (DR CATHERINE RODRIGUEZ, HEAD OF SCHOOL).
How much revenue does DREAMERS ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,152,431, expenses of $7,254,614 and total assets of $21,698,849 at year end.

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