DreamRoot Leadership Institute
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
DreamRoot Leadership Institute does not meet the following 6 Standards for Charity Accountability:
Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.
DRLI does not meet this Standard because:
- The Chief Executive Officer also serves as the chair of the board of directors.
Standard 4 (Compensated Board Members)
Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.
DRLI does not meet this Standard because:
- The chair of the board is compensated directly.
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
DRLI does not meet this Standard because:
- Although the organization produced a written report of its December 2022 effectiveness assessment, the report did not include recommendations for future actions nor was it submitted to the board for approval.
Standard 13 (Accuracy of Expenses in Financial Statements)
Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fund raising expenses or otherwise understate the amount a charity spends on fund raising, and/or overstate the amount it spends on programs will not meet this standard.
DRLI does not meet this Standard because its 2022 IRS Form 990-EZ:
- Reports the organization had no fundraising expenses, although the organization indicates it engages in fundraising activities, including internet appeals and workplace giving.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
DRLI does not meet this Standard because, when the organization provided 2023 budget information, it indicated that the budget:
- Did not identify total projected program service expenses.
- Did not identify total projected fundraising expenses.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
DRLI does not meet this Standard because the 2022 annual report did not include:
- Total fundraising expenses.
- Total end-of-year net assets.
- Total revenue.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 9
DreamRoot Leadership Institute meets the remaining 13 Standards for Charity Accountability.
Stated Purpose:
“to release the potential of leaders in underserved communities to reverse the cycles of poverty and promote the well-being of every member of society.”
Year, State Incorporated:
2019, VA
DreamRoot Leadership Institute (DRLI) states it provides a combination of training, coaching, resources, and opportunities to network with local and international community leaders. The organization states it focuses on youth and education; community capacity building; entrepreneurship and development; and equity and inclusion. DRLI reports it collaborates with leaders to launch initiatives that transform communities in ways that lead to sustainable social and economic growth. The organization's programs include orphanages, primary schools, jiu jitsu programs, a youth rehabilitation center, an entrepreneur incubator, and specialized education classes. In 2022, DRLI reports that it reached 1,100 students and helped over 200 improve their grades, donated 129 jiu jitsu uniforms to students in Brazil, and connected with 22 local leaders across Brazil.
For the year ended December 31, 2022, DreamRoot Leadership Institute's program expenses were:
| Leadership training and coaching for local leaders | $32,963 |
| Investment and sponsorship of local leaders' social initiatives | $14,380 |
| Community-based training centers | $1,002 |
| Total Program Expenses | $48,345 |
Chief Executive
Amy Passos, Executive Director
Compensation*
$31,500
Chair of the Board
Amy Passos
Chair's Profession / Business Affiliation
Chief Executive Director, DreamRoot Leadership Institute
Board Size
5
Paid Staff Size
2
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Internet
Since BBB Wise Giving Alliance disagrees with DRLI's allocation of fundraising expenses, we are unable to verify the ratio of fundraising expenses to related contributions. See the Conclusion section of this report for more information.
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on DreamRoot Leadership Institute's audited financial statements for the year ended December 31, 2022.
Source of Funds
| Contributions and grants | $69,126 |
| Program service fees | $12,500 |
| Miscellaneous income | $262 |
| Merchandise income, net | $-3,780 |
| Total Income | $78,108 |
Programs: 66% Fundraising: 0% Administrative: 34%
| Total Income | $78,108 |
| Total expenses: | $72,736 |
| Program expenses | $48,345 |
| Fundraising expenses | $0 |
| Administrative expenses | $24,391 |
| Other expenses | $0 |
| Income in Excess of Expenses | $5,372 |
| Beginning Net Assets | $213,732 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $219,105 |
| Total Liabilities | $3,678 |
| Total Assets | $222,783 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance