2024-11-14T16:46:38-06:00 2023-12-31 993328799 Handler Law LLP 191 N Wacker Drive Suite 2300 Chicago IL 60606 990 2023-01-01 851358749 Devoted Dreamers Foundation DEVO 6029165406 PO Box 1620 Tempe AZ 85280 Tamela Davis Secretary/Director 6029165406 2024-11-14 1 0 Benjamin Hughes P02032187 3126412100 2023 2024-10-15 13:58:12Z Tamela Davis 350 W Washington Suite 308 Tempe AZ 85281 459786 0 X www.devoteddreamers.org X 2020 AZ The goal of the Foundation is to equip the Next Generation of Leaders (athletes, entertainers, politicians, doctors, lawyers etc.) with the tools to be successful spiritually, mentally, and physically. In a nation where Inner-City children are often times more likely to end up in jail than they are pursuing higher education opportunities, the Devoted Dreamers Project has created a number of initiatives aimed at connecting young men and women of the future to the resources needed to make their biggest dreams a reality. 3 3 0 8 0 0 620511 437500 0 22286 0 0 0 0 620511 459786 270000 0 0 0 0 0 0 0 38161 506064 253954 776064 253954 -155553 205832 31838 237670 0 0 31838 237670 X The goal of the Foundation is to equip the Next Generation of Leaders (athletes, entertainers, politicians, doctors, lawyers etc.) with the tools to be successful spiritually, mentally, and physically. In a nation where Inner-City children are often times more likely to end up in jail than they are pursuing higher education opportunities, the Devoted Dreamers Project has created a number of initiatives aimed at connecting young men and women of the future to the resources needed to make their biggest dreams a reality. 0 0 95163 Devoted Dreamers quips the Next Generation with tools to be successful in the classroom. Devoted Dreamers Academy is a 7-week summer program for children entering 6-8th grades, placing an emplasis on financial literacy, reading comprehension, physical fitness and character development, while preparing youth for the upcoming school year. Devoted Dreamers also conducts fundraising events to generate revenue for the foregoing causes. Future goals include establishing a central location for the Academy, develop a year-round tutoring program, develop a school of arts Fall program, and ultimately to establish a Devoted Dreamers School. 47581 Devoted dreamers also works to provide the Next Generation with tools to help them live healthy spiritual lives. Activities include Encounter, a one-night worship experience designed to help usher young men and women into the presence of the Lord. Future goals include developing a full day Encounter conference, gospel music, and contemporary worship event, and discipleship and evangelism training summer camp.Devoted Dreamers also works to provide the Next Generation of young ladies with tools to help them build character and live healthy spiritual lives. P.E.A.R.L.S. Pure Essence and Real Love Sisterhood is a program to help build character through inspiring and motivating young ladies 8-18 years old to understand their true identity, which is in Christ Jesus. And by helping them to understand that they are fearfully and wonderfully made. P.E.A.R.L.S. also supports mothers, to foster a healthy mother/daughter relationship. P.E.A.R.L.S. hosts monthly sessions focusing on an array of topics including etiquette, personal and mental health, fitness, fashion, culinary, career and college prep; and more. 47581 Devoted Dreamers works to provide the Next Generation with tools for success, on and off the field. The 7 v 7 Elite Sports team is a travel team formed through tryouts. The mentorship program consists of the best athletes across the state of Mississippi and prepares participants academically, athletically, and spiritually. The goal is to help players who have a desire to play D-1 football, to gain exposure while also developing fundamental skills in a highly competitive atmosphere. Dreamers Foundation provides ACT/SAT prep for the athletes as well as continued academic support throughout the school year, in addition to focusing on personal development. 190325 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Tamela Davis 6029165406 350 W Washington Suite 308 Tempe AZ 85281 X Demario Davis Director / President 2.00 X X 0 0 0 Tamela Davis Director / Secretary 15.00 X X 0 0 0 David Loria Director / Treasurer 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 437500 437500 Registration Income 900099 22286 22286 22286 459786 22286 0 0 X 500 250 125 125 120306 90230 12030 18046 5954 4467 594 893 15844 11865 1584 2395 50610 37957 5061 7592 Registration & Tourname 31222 23416 3123 4683 Meals & Entertainment 21340 16005 2134 3201 Apparel & Uniforms 4531 3398 453 680 Event Supplies 2073 1555 207 311 1574 1182 157 235 253954 190325 25468 38161 31838 87670 0 150000 31838 237670 0 0 X 0 0 0 0 31838 237670 31838 237670 31838 237670 205832 0 X 0 0 0 X 423830 632827 437500 1494157 423830 632827 437500 1494157 415886 1078271 1494157 22406 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Automobile 150000 150000 Form 990, Part VI, Section A, line 2 Director/President Demario Davis and Director/Secretary Tamela Davis are married. Form 990, Part VI, Section B, line 11b THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE GOVERNING BODY AND LEGAL COUNSEL BEFORE THE RETURN IS FILED WITH THE IRS. Form 990, Part VI, Section B, line 12c THE GOVERNING BODY REVIEWS AND SIGNS A CONFLICT-OF-INTEREST POLICY ON AN ANNUAL BASIS. FOR ANY ITEMS THAT PRESENT A CONFLICT OF INTEREST, ANY DIRECTOR WITH SUCH A CONFLICT ABSTAINS FROM VOTING. Form 990, Part VI, Section B, line 15 THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY EMPLOYEES, HOWEVER IN ACCORDANCE WITH ITS COMPLIANCE POLICY GOVERNING THE DETERMINATION OF COMPENSATION, THE GOVERNING BODY WOULD ESTABLISH EMPLOYEE COMPENSATION BASED ON ADVICE FROM LEGAL COUNSEL AND COMPARISONS WITH COMPENSATION DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS, THEN APPROVE AND DOCUMENT SUCH COMPENSATION WITH A FORMAL VOTE. Form 990, Part VI, Section C, line 19 ALL GOVERNING DOCUMENTS SUBJECT TO PUBLIC DISCLOSURE ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, line 11g Operations Manager: Program service expenses 40,750. Management and general expenses 5,434. Fundraising expenses 8,149. Total expenses 54,333. Video Operators: Program service expenses 25,500. Management and general expenses 3,400. Fundraising expenses 5,100. Total expenses 34,000. Program Director: Program service expenses 8,638. Management and general expenses 1,151. Fundraising expenses 1,728. Total expenses 11,517. Coaches: Program service expenses 2,250. Management and general expenses 300. Fundraising expenses 450. Total expenses 3,000. Curriculum Assistance: Program service expenses 1,875. Management and general expenses 250. Fundraising expenses 375. Total expenses 2,500. Other Contractors: Program service expenses 11,217. Management and general expenses 1,495. Fundraising expenses 2,244. Total expenses 14,956.