PLEASANT GROVE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

PLEASANT GROVE FOUNDATION INC

EIN 80-0759915 · Human Service Organizations (P20)

What they do

THE ORGANIZATION PROVIDES GUIDANCE and OVERSIGHT IN ADDITION to BEING THE FISCAL AGENT for THE DREAM ACADEMY (DA), WHICH HAS 95 REGISTERED STUDENTS. THE DA PROVIDES MONTHLY TRAINING SESSIONS, COLLEGE TOURS, and TOURING TRIPS for 4TH THROUGH 12TH GRADE STUDENTS ALONG WITH ASSISTANCE for COLLEGE STUDENTS WHO ARE ALUMNI of THE DA PROGRAM. IT HAS MAINTAINED A 90+% GRADUATE RATE and COLLEGE PLACEMENT for 8 YEARS. THE PROGRAM ALSO CONDUCTS SUMMER ENRICHMENT and STEM PROGRAMS for 60 STUDENTS AT CARY ACADEMY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.80 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 2025The charity has a recent tax report to read.

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

They name their leaders14 people are listed in the latest report.

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

Money made simple

83.54%of revenue went to mission work81.8% of expenses · Program services

$102.16spent for every $100 of revenueSpending was higher than revenue this year.

$0.52in assets for every $1 spent this yearSome assets cannot be spent right away.

98.6%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 $2,803 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $10,000 for DR LACHELL WILBORN (EXECUTIVE DI). 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 2025

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$129,864

Mission workProgram services$108,48383.54% of revenue81.8% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$132,667102.16% 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

2025CurrentExpense mix: 81.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 102.16% of revenue

2024Expense mix: 77.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 120.52% of revenue

2023Expense mix: 65.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 104.15% of revenue

2022Expense mix: 120.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 54.25% of revenue

2021Expense mix: 61.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 108.90% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 23.84% of revenue

Money in and money out

Revenue$129,864

Expenses$132,667

Annual shortfall $2,803 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)$108,483 · 81.8% of expenses

See all reported dollar amounts

Revenue$129,864

Expenses$132,667

Assets$68,699

Income$129,864

Contributions$128,033

Mission work (program services)$108,483

People

Leadership and board

Tax year 2025

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

People reported as paid

Person and titleCompensation

DR LACHELL WILBORNEXECUTIVE DI · 25 hrs/week $10,000

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 (14)

DR LACHELL WILBORNEXECUTIVE DI

CARLO CADETBOARD MEMBER

CHARLES THOMPSONSECRETARY

CHARLES J PHILLIPSBOARD MEMBER

DR CLASSY M PRESTONBOARD MEMBER

DR LONDON B WILLSBOARD MEMBER

DR ROSE CORNELIOUSPRESIDENT

DR STEVEN HAIRSTONBOARD MEMBER

INGRID HARISTONBOARD MEMBER

JOE J JOHNSONTREASURER

ROYALL M MACK SRBOARD MEMBER

TRACIE JOHNSONBOARD MEMBER

VALDA CHAUNCEYVICE PRESIDE

WILLIE A DEESEBOARD MEMBER

About this charity

Recognized since: January 2011
Location: PO BOX 1441, CARY, NC 275121441
County: Wake
In care of: JOE J JOHNSON
Primary officer: JOE J JOHNSON, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@dreamacademypgf.org Phone(551) 500-7256 Officer phone(919) 606-7877

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990EZ
Tax preparer: GREEN-KRIST CPA PLLC
NTEE classification: Human Service Organizations (P20)
IRS tax category: Human Service Organizations