DREAMS OF HOPE Charity Report

Public IRS 990 nonprofit record

DREAMS OF HOPE

EIN 43-2057957 · Theater (A65)

What they do

OUR CORE VALUES: ALL YOUTH DESERVE RESPECT. ALL PEOPLE ARE CREATIVE. CREATIVE EXPRESSION CONNECTS PEOPLE. OPEN DIALOGUE is A FOUNDATION for EMPATHY and PEACE. MULTIDISCIPLINARY ARTS DEVELOP THE ENTIRE PERSON.BUILD AWARENESS, and INCREASE ACCEPTANCE.DREAMS of HOPE OPERATES TWO PROGRAMS: A PERFORMANCE ENSEMBLE = THEATRIQ - A NEIGHBORHOOD BASED OPEN STAGE, and A KNOWLEDGE and RESOURCE DISSEMINATION ABOUT LGBTQA+ = SQOOL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $49.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

56.43%of revenue went to mission work49.7% of expenses · Program services

23.30%of revenue went to fundraising20.5% of expenses

$113.50spent for every $100 of revenueSpending was higher than revenue this year.

33.77%of revenue went to management and office costs29.8% of expenses

$1.45in assets for every $1 spent this yearSome assets cannot be spent right away.

99.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $34,322 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $63,402 for DAVID WARGA (FORMER OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$254,163

Mission workProgram services$143,42756.43% of revenue49.7% of expenses

ManagementOffice and general costs$85,83933.77% of revenue29.8% of expenses

FundraisingAsking for donations$59,21923.30% of revenue20.5% of expenses

Total expenses$288,485113.50% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2022CurrentExpense mix: 49.7% mission · 29.8% management · 20.5% fundraisingTotal expenses: 113.50% of revenue

2021Expense mix: 49.2% mission · 27.8% management · 23.0% fundraisingTotal expenses: 64.57% of revenue

2020Expense mix: 48.0% mission · 28.0% management · 24.0% fundraisingTotal expenses: 84.18% of revenue

2019Expense mix: 39.3% mission · 36.1% management · 24.7% fundraisingTotal expenses: 166.45% of revenue

2018Expense mix: 47.2% mission · 28.3% management · 24.5% fundraisingTotal expenses: 60.50% of revenue

2017Expense mix: 56.9% mission · 17.4% management · 25.7% fundraisingTotal expenses: 163.93% of revenue

2016Expense mix: 63.9% mission · 17.9% management · 18.2% fundraisingTotal expenses: 59.39% of revenue

2015Expense mix: 81.2% mission · 11.2% management · 7.6% fundraisingTotal expenses: 126.08% of revenue

Money in and money out

Revenue$254,163

Expenses$288,485

Annual shortfall $34,322 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$143,427 · 49.7% of expenses

Management and office costs$85,839 · 29.8% of expenses

Fundraising$59,219 · 20.5% of expenses

See all reported dollar amounts

Revenue$254,163

Expenses$288,485

Assets$418,065

Income$254,163

Contributions$251,730

Mission work (program services)$143,427

Fundraising$59,219

Management and general$85,839

Accounting fees$13,164

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID WARGAFORMER OFFICER · 30 hrs/week $63,402

BEKEZELA MGUNIEX-OFFICIO ARTISTIC DIRECTOR · 40 hrs/week $63,129

MALACHIAH KOEHLEREX-OFFICIO PROGRAM ASSISTANT · 20 hrs/week $11,868

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

DAVID WARGAFORMER OFFICER

BEKEZELA MGUNIEX-OFFICIO ARTISTIC DIRECTOR

MALACHIAH KOEHLEREX-OFFICIO PROGRAM ASSISTANT

ADA GAY GRIFFINDEVELOPMENT DIRECTOR

AMANDA HOWARDTREASURER

ASHANTI DUNCANEX-OFFICIO-OPERATIONS MANAGER

CLAIRE MATWAYBOARD MEMBER

OE ZELMANOVICHBOARD MEMBER/ HR COMMITTEE

RACHEL ROSNICKSECRETARY

TERRENCE MCGEORGEBOARD CHAIR

About this charity

Recognized since: January 2005
Location: 5530 PENN AVENUE, PITTSBURGH, PA 15206-3562
County: Allegheny
In care of: % SUSAN R HAUGH
Primary officer: BEKEZELA MGUNI, ARTISTIC DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@dreamsofhope.org Phone(412) 361-2065

Filing and classification

Latest tax year: 2022
Tax period began: August 1, 2022
Return type: 990
Tax preparer: GROSSMAN YANAK & FORD LLP
NTEE classification: Theater (A65)
IRS tax category: Theater