Overview
What is Dreambuilders Foundation Inc?
Dreambuilders Foundation Inc, situated in Brentwood, Tennessee at 2020 Willowmet Lane, is a compassionate nonprofit organization. Its primary mission is to empower financially, physically, or mentally challenged youth by offering them necessary support and financial aid to acquire the equipment and opportunities required to realize their dreams. The foundation's activities are geared towards enabling these young individuals to overcome their challenges and thrive, making a significant impact in their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
Dreambuilders Foundation Inc has received a Two-Star rating, indicating some areas for improvement, particularly in its overall transparency and performance. The rating is based solely on its Accountability & Finance score, which stands at 71%. This suggests that while the organization demonstrates reasonable practices in certain financial aspects, there may be room for growth in other areas that contribute to overall effectiveness.
The strengths of Dreambuilders Foundation are highlighted by its perfect scores in several categories, including having a majority of independent board members, a clear conflict of interest policy, and documentation of board meeting minutes. Additionally, the organization displays a low liabilities-to-assets ratio, indicating sound financial management. Its program expense ratio of over 71% signals a commitment to directing a considerable portion of funds towards its programs.
However, the overall Two-Star rating suggests that while the organization meets some important accountability benchmarks, there may be concerns related to its impact and effectiveness beyond financial management. Stakeholders might want to consider these factors when evaluating the foundation's overall performance and potential for future growth.
This AI summary has been generated from information found on Charity Navigator.
Is Dreambuilders Foundation Inc legitimate?
Dreambuilders Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreambuilders Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Dreambuilders Foundation Inc?
The Dreambuilders Foundation, as a non-profit organization, is committed to aiding financially, physically, or mentally challenged youth in realizing their dreams. This is accomplished by offering support and financial assistance to procure the necessary equipment and opportunities required to accomplish their goals. The organization's mission is to empower these young individuals, enabling them to overcome their challenges and unlock their true potential. By providing this assistance, the Dreambuilders Foundation plays a significant role in fostering resilience and determination in the lives of these youths.
Who is the CEO of Dreambuilders Foundation Inc?
Thomas E Tatro is the None of Dreambuilders Foundation Inc.
What is the revenue of Dreambuilders Foundation Inc?
Dreambuilders Foundation Inc's revenue in 2022 was $908,138.
Who are the executives of Dreambuilders Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Dreambuilders Foundation Inc?
Dreambuilders Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dreambuilders Foundation Inc
Dreambuilders Foundation Inc is a non-profit organization that is committed to assisting financially, physically, or mentally challenged youth in realizing their dreams. This is achieved by providing necessary support and financial aid to help secure the required equipment and opportunities needed to accomplish these goals. The foundation's mission is to empower these young individuals, enabling them to overcome their challenges and reach new heights in their personal and professional lives. By offering financial assistance and opportunities, Dreambuilders Foundation Inc plays a significant role in fostering resilience and determination among the youth it serves.
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Impact
October, 2024
Dreambuilders Foundation Inc significantly impacts the lives of financially, physically, or mentally challenged youth by providing essential support and financial assistance. By securing necessary equipment and opportunities, the foundation empowers these individuals to pursue their dreams and aspirations. Whether it’s access to sports gear, educational resources, or specialized services, Dreambuilders plays a crucial role in leveling the playing field for young people in need. Through its dedicated efforts, the foundation fosters resilience and ambition, helping youth overcome barriers and realize their potential in various areas of life. Located in Brentwood, TN, Dreambuilders is committed to transforming dreams into reality for the youth it serves, shaping a brighter future.
This information is meant to be a general summary of Dreambuilders Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $908,138
Assets and Liabilities:
- Total Assets: $506,630
- Total Liabilities: $75,000
- Net Assets: $431,630
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Organization Details
Founding Year
2008
Phone
(615) 330-6969Principal Officer
Thomas E Tatro
Main Address
2020 Willowmet Lane, Brentwood, TN, 37027
NTEE Category
Code: O51 - Youth development
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