The DREAM Program, Annual Reports, Annual Report, 2008

DREAM

The DREAM Program 2008 Annual Report The DREAM Program, Inc. PO Box 361, Winooski, VT 05404 802.338.8979 www.dreamprogram.org

Board Members Mike Foote Former DREAM Program Director Winooski, VT Bill Finnegan; Chair Co-Founder of Tamarack Media Montepelier, VT Cara Gleason Director of the Northern Lights Program Burlington, VT

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

Patrick DeLeon Spectrum Youth Services Burlington, VT Kristin Burdge King Street Youth Center Burlington, VT Lu Neuse Student of Education, Former Mentor and Staff Member Burlington, VT Pete Land; Vice Chair Co-Founder of Tamarack Media Burlington, VT Kristen Towbin Retail Training Manager at Ben and Jerry’s Winooski, VT Karen Dusini; Secretary Administrative Coordinator Information Systems at Champlain College Burlington, VT

Mike Loner, Executive Director & Bill Finnegan, Board Chair

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Report Contents 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?)

Annual Report 2008

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The DREAM Timeline

A look back on the first ten years of the program.

Winter

1999

Dartmouth 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!

Spring

1999

35 kids and mentors go on the first Culminating Experience to Boston.

The DREAM T-Shirt is invented.

2000

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

2001

DREAM becomes an incorporated non-profit 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.

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2009

DREAM 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!

2007

DREAM becomes an Americorps state program, doubling the office staff.

DREAM teens go on the first teen service trip to Washington, D.C.

2004

DREAM 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.

Annual Report 2008

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A supportive community

by Lily Landes

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.

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Annual Report 2008

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our children

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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 Annual Report 2008 possible.

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children

Annual Report 2008

mentors our mentors

www.dreamprogram.org

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.

Annual Report 2008

“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 www.dreamprogram.org

“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

Annual Report 2008

our supporters

www.dreamprogram.org

Annual Report 2008

our future

www.dreamprogram.org

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 Annual Report 2008

My DREAM past, present and future

by Josh Warren

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.

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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,

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.

Annual Report 2008

DREAM’s Next Five Years

by 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! www.dreamprogram.org

Our Current Programs as of 2009

...and soon Boston!

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.

Annual Report 2008

Support The 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 community projects. Thank you to the donors who have built this endowment.

Donors In The 2007 Alumni Appeal $1000 and up Jeff Kinkaid Tm Wright Jon Potter Sam Glickman

$500-$999 Charles & Anita Warren Leah Threatte Peter Helseth Ed Bia Peter Helseth Ed Bialas Jesse Foote $250-$499 Beth Huston Drew Sheriff Megan Johnston Mike Newton $100-$249 Bryan Wellens Courtney Chou David Anderson David Ball Laura Burt Laura Zarchin Laura Emerson Marc Angelico

Mike Sawyer Molly Miranda Sam Fitz Cammee Shannon Peter Sokol-Hessner Cailie Burns Aaron Gaines Rebecca Taxier Brian Feldman Brooke Lierman Josh Warren Kailie Willets Katrina Preiss Paul Biggs Mike Lefebvre & Corrie McCarty Devon Green $50-$99 AJ LeGaye Allison Paradee Ashley Carleton Ashley Mas Brad Bate Chad Butt Chris Murphy Christopher Taylor Kathryn & Charles Ross Dominic Piperno

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Edy Wilson Elizabeth Rosen Forest Hanson Gary Tilden Jeremy Ellis John Armory Josh Slattery Julia Risk Katie Wiseman Lindsay Greenberg Liza Rosenbaum

Mary Curtin Nathalie Sheppe Raj Karla Rob Bialas Sarah Hall Sean Alpert Tracy Kim Amira Bakr Brianna Dusse Carly O’Connell Dan August John Cyr

Northern Alumni BBQ 2009

$25-$49 Adam Gottlieb Alison Basdekis Becca Karlen Brittany Beth Brittany Walker Chris Ellingwood Christine Ennis Cindy Wu Claire Chandler Courtney Breslin Dan Hassouni Emily Rummo Eric Fries James Goodman Jeannie Eisburg Jeff Cooney Jon Hopper Jordan-Nahas Vigon Judy Huang Kate Hubbell Katherine Depew Katie Reichardt Kelly Fisher Ki Mae Heussner Lindsey David Lu Neuse Melissa Shelko Meredeth McGowan Paul Espina Ryan Farran Sarah Williams Scott Hess Tara Murphy Tikhon Bernstam Victoria Fener Charlotte Born Christin Kehn Dean Krishna Dominic Germana JJ Pinette Kendra Nardi Kirstin Beattie Kristin Burdge Megan Spaulding Molly Redmond Nicole Walsh Steve Addison Alexis Sheehan

Kate Knight Steve Antaya Alli Shapiro Jenni Post Antje & Sebastian Barreveld Chris Brown Djahane Salehabadi Kate Haggerty Keith Musselman Nikolas Franks Tin Ha-Ngoc Mike Foote $1-$24 Lindsay Johanson James Keller Alex Kallis Alex Torres Allison Boyles Anne Fletcher Bob Bartlett Craig Davis Dakota Casserly

Dylan Gee Giulia Good-Stefani Jackie Greaney Jossie Tommasino Kristin Romberg Laura Roche Maggie Russell Monica Barrera Contreras Nancy Beard Nick Koshnick Shelby Soares Stephanie Lawrence Susie Fox Tim Yang Elizabeth Bissell Katie Stevenson Lance Kramer Mirelle Phillips Tammy Whittington Adam Goldfarb Allie Williams Becky Groberg Chelsea Minkler

Chris Higgins Dan Hassouni Daniella Hirschfeld Dave Damby Evan Chriss Kristi Cannon Laura March Maya Srikanth Mike Kennedy Paul Salipante Rachel Rachardson Sarah Hughes Sarah Mistretta Stepahnie Gergely Stepahie Nguyen

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

Alumni Reunion 2008 at Camp DREAM 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.

Annual Report 2008

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 important 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 Lees Haag Family Regina Olchowski $2500-$4999 Dorothy & Jack Byrne Helen & Andy Biggs $1000-$2499 Alice Foote Jen Lazar & Daniel Shearer Judy Krueger Karen & Lowell Richards Kenny Bacow Rees & Kathy Shearer IBM Robert Brisee Ian & Katla Kennedy Jon Potter Scott Mishara $500-$999 Brian & Jeanne Addison Dale & Kirk Gleason Denise & James Palmer Jack & Kathleen McKay James Chalfant & BB King Jean Burdge The Piperno Family $250-$499 Allison & Patrick Caulfield Eric Thorgerson & ElizaBeth Foote Karen & Paul Dusini

Kent & Liz Dauten Patrick & Jean DeLeon Peter & Mallory Armstrong Sue & Chuck Burt The Baer Family The Bird Family The Jenkins Family The Mervak Family Chris Howell Dorothy Treisman Huston Family Curt Guenther Linda & Monte Shaw

Kevin & Sasha Goldman Mark Eckstein Matt & Jamie Brown Mike & Ida McNamara Rebecca Deutsch Rex Butt Ronald & Laurel Schliftman Susan & Barry Rosen The Biggs The Carniciu Family The Connor Family The Dumont Family The Dwinell Family The Farran Family $100-$249 The Land Family Amy & George Lathrop Alan & Judith Hoffman Andy Barker & Ana Ruesink Jean Latour Ann & Randall Deming Laura Shaw Birgit Wunn Sarah Kahn & Richard Routhier Chris Krueger Barbara Prickett Connie Lierman David Spinola David Hirshey & Susan Squire Jaime Garamella David Hoffman Jon Harris David Squire Lara Petersen David Williams Matt Dunne & Sarah Taylor Deborah Young Mike Fink Eleanor Burns Ralph Perkins and Tuberville Elizabeth Allen Farm Erin Moodie & Alex Ghesquiere Regina Mahoney Frank Haines Sheila Julien Geraldine & Gregory Bebernitz The Landes Family Jay Vigon & Margo Nahas Tilden Jeffrey & Michele Parker Paul Schwartzkopf Jeisook and John Thayer Bob Buerman Jerry Bryant & Fran Goodwin Ted & Esther Burns Joelle Kayden Mike & Vicki Loner

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$50-$99 Russ & Lara Weis Andrew Chriss Barbara Burns Sullivan Bill and Jane Clarke Carl & Jessica Ellis Carol Loner Charles & Anita Warren David & Sabine Sheppe David Foote Dennis & Andrea Brown Erica-Lee Pierce & Michael Nagle Gerry Shelton Harry Resovsky & Dorothy Abercrombie Henry Dusseault Ira Mintzer and Marian Menkel Janice Miller John & Kathleen Floyd John Tobin & Gail Risse Jon & Kathleen Ballou Karyn Sandelman & Michael Dobbs Lisa Marks Margaret Burdge Mark Trudeau Mary & David Palumbo Mary and Robert Zuraw Mary Ippolito Pat & Dave Oberdorff Randall & Lisa Austin-Smith Rina Watson Robert & Lori Horowitz Ruchard and Suzanne Rothstein Shelley Bogaert Sithara Batcha Steve Fisher & Nancy Garretson Stu McGowan Suzanne & Daniel Schliftman The Sokol Family The Zaengle Family Tim Ashe William & Jayne Addison Kmetz Family Otho Kerr The Butterworth Family The Hunter Family Jon Normandin

$1-$49 Michael Hampl Virginia & Hollis Field Gary De Carolis Jerry Geier Laura Goldblatt Lise Martin Rose Pinette Nancy Cathcart Adele Weinstein Ana Espina Arlene Aizer-Cohen Cathy & Mark Conrad Cynthia Gaskill & Stephen Bezark Debbie Mandel Elaine Guregian Felicity Bensch and David Fogarty Helen Crosby James & Paula Rish Joel & Janet Angelico Johanna Neugebauer Kathy & Joshua Chasan Lauren Armstrong

Manson Solomon Marlene Tillery Mary Allan Owen & Dorothy Walsh Robert and Leanne Linck Sally Guregian & Robert Witte Schuyler Crawford Sheila Sandelman Suzanne Sherer-Arenos Teddy Salgado The Barrett Family The Covey Family The Gosselin Family The Lawton Family The Magna Family The Morse Family The Sbardella Family Galen Wilkerson The Driscoll Family The Higgins Family Siobhan Donegan & Vince Brennan Joyce Dubensky & Philip Segal Anne & Ted Thaxter

Janet McDonald and Frelm St. Mentees, Shelburne Farms 2008

Annual Report 2008

Partners and Supporters "#$%&'(!)*+,-.+(!*-/!01223+,.+(!!!

Nonprofit organizations require a lot of help to get started and to grow into a powerful force for change. Over Nonprofit organizations require a lot of help to get started and to grow into a powerful force for change. Over the past six the past yearshas DREAM has builtwith partnerships number local,organizations regional, and yearssix DREAM built partnerships a number of with local, aregional, andofnational and national businesses.organizations We offer our and businesses.

We offer our thanks to all of the organizations who supported and partnered with us inwe2007. thanks to all of the organizations who supported and partnered with us in 2007. Without your help, we could not do what do.

Without your help, we could not do what we do.

Vermont Housing & Conservation

DINO'S PIZZA AND RESTAURANT

Bennington Housing Authority

Champlain Oil

Vermont Tire & Services

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!

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!

Financial Statements

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 FINANCIAL POSITION (UNAUDITED) August 31, 2008 ASSETS CURRENT ASSETS: Cash and cash equivalents -Unrestricted - Board Designated Accounts receivable Prepaid Insurace Accounts receivable (Housing Authorities)

56,681 10,000 57,840 4,028 -

Total current assets

128,549

INVESTMENTS: Board Designated Restricted

8,055 43,383

Total Investments

51,437

LONG-TERM ASSETS: Building Equipment Land Accumulated depreciation

35,920 5,500 100,000 (6,257)

Total property and equipment, net TOTAL ASSETS

135,164 $

315,150

$

5,092 4,631

LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accrued Expenses Accounts payable Total current liabilities

9,723

Total liabilities

9,723

NET ASSETS: Net assets, beginning of year Unrestricted net income Temporarily restricted net income

272,579 (8,236) 41,083

Total net assets TOTAL LIABILITIES AND NET ASSETS

305,426 $

315,150

Annual Report 2008

THE DREAM PROGRAM, INC. STATEMENT OF ACTIVITIES (UNAUDITED) YEAR ENDED August 31, 2008

Unrestricted REVENUES, GAINS, AND OTHER SUPPORT: Contributions Government Foundations Companies Organizations United Ways Individuals Fees Investment income Sales to public Fundraising events In-Kind contributions Net assets released from restrictions: Satisfaction of program restrictions

$

3,000 1,799 29,768 47,338 38,500 368 220 9,399 9,000

Temporarily Restricted

$

178,922 75,150 1,602 10,500 8,333 18,772 -

252,196

(252,196)

391,588

41,083

164,164 50,467 100,008

-

Total program services

314,639

-

Supporting Services: General and administrative Fundraising

64,404 20,782

-

Total supporting services

85,186

-

Total functional expenses

399,824

Total revenues FUNCTIONAL EXPENSES: Program Services: School-year programs Summer programs Camp DREAM

TOTAL INCREASE (DECREASE) IN NET ASSETS

(8,236)

NET ASSETS, BEGINNING OF YEAR NET ASSETS, END OF YEAR

www.dreamprogram.org

41,083

241,836 $

233,600

30,743 $

71,826

Annual Report 2008

THE DREAM PROGRAM, INC.

$

593 3,615 1 1,100 4,809

74,955 5,798 6,891 4,375 871 105 115 7,074 100 5,820 120 6,660 8,923 66 180 13,260 18,734

School-Year Programs

Percent of budget

0.41

TOTAL FUNCTIONAL EXPENSES $ 164,164 See notes to financial statements, including *explanation.

FUNCTIONAL EXPENSES: Salaries and related expenses Payroll taxes Health insurance Housing stipends Other benefits Staff development Staff recruitment Legal Accounting and payroll Engineering and design Other professional services Office and occupancy Phone, fax, and internet Website Technology Risk management Evaluation Supplies Food Postage Printing and duplication Building materials Activities Travel and transportation Lodging DREAM gear purchases Program fundraising expenses Dues and subscriptions Interest and fees Taxes Depreciation Vehicles

YEAR ENDED AUGUST 31, 2008

$

$

0.13

50,467

-

814 3,668 2 -

36,512 2,824 3,357 424 212 794.51 1,859 -

106

59,795 4,625 5,497 2,275 695 483 96 898 84 1,122 198 100 190 8,082 6,618 19 3 2,356 1,263 5,365 35 104 -

0.25

$ 100,008

$

Program Services Summer Camp Programs DREAM

STATEMENT OF FUNCTIONAL EXPENSES (UNAUDITED)

$

$

0.79

314,639

171,262 13,247 15,744 6,650 1,989 800 211 898 7,158 1,122 198 200 6,010 120 15,536 17,401 85 184 2,356 15,337 27,767 35 697 3,617 1 1,100 4,915

Total

$

$

0.16

64,404

1,010 826 326 496 1,168 190 18 561 3 -

9,470 1,234 100 50 1,750

38 946 -

39,140 3,028 3,598 455

$

$

0.05

20,782

4,444 -

37 72 82 54 -

13,628 1,054 1,253 158

$

$

Supporting Services General and Administrative Fundraising

0.21

85,186

52,767 4,082 4,851 613 38 946 9,470 1,234 100 50 1,750 1,047 897 408 550 1,168 190 4,462 561 3 -

Total

inside back cover

list of current programs???

www.dreamprogram.org

Thank you

Annual Report 2008