I HAVE A DREAM FOUNDATION OF MIAMI INC
Mission Statement
The "I Have a Dream" Foundation motivates and empowers children from low-income areas to break the cycle of poverty and reach their educational and career goals. The Foundation takes a holistic approach to assisting the students by working with the entire family and within the community as a whole. We provide a long-term program starting in elementary school, committing crucial services including mentoring, tutoring, testing, after school activities, summer school, college tours, job training and placement of both parent and student. Upon high school graduation, each Dreamer receives a guaranteed tuition for four years at a Florida State University or accredited vocational school.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.7% | 89.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.3% | 7.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 1.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
154.0 mo | 9.2 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.4% | 88.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-6.7% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-4.8% | 7.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
41.8% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $806K | $469K | $6.0M | 84.7% | 21 |
| 2024 | $864K | $493K | $5.4M | 80.7% | 19 |
| 2023 | $894K | $604K | $4.8M | 85.0% | 21 |
| 2022 | $1.1M | $438K | $4.3M | 88.3% | 16 |
| 2021 | $716K | $321K | N/A | — | 2 |
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