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Thomas Davis Defending Dreams

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262499059 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Thomas Davis Defending Dreams?

Thomas Davis Defending Dreams is a nonprofit organization situated in Charlotte, North Carolina. The primary goal of this organization is to empower students by fostering essential life and social skills. Through its programs, it encourages students to step into leadership roles and realize the possibilities of their aspirations. The organization's initiatives include benevolence giving and scholarship opportunities, aiming to inspire and support the next generation.


Official website here: www.defendingdreams.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%

Thomas Davis Defending Dreams has received a One-Star out of Four Star rating, indicating significant concerns in its accountability and financial practices. The charity's overall score of 52% reflects a lack of independent board members and missing key governance policies such as conflict of interest and whistleblower protections. The absence of financial statements further raises eyebrows about the organization's transparency.

Despite these limitations, the charity exhibits strong dedication to its programs, with a program expense ratio of 97.03%, which suggests that the majority of its spending goes directly toward its mission. The organization has also maintained a solid liabilities to assets ratio of 0.00%, indicating a favorable financial position in terms of debt management.

However, critical weaknesses in governance and transparency remain a concern for potential donors and stakeholders. The lack of independent oversight and missing documentation such as board meeting minutes and financial statements could hinder trust and accountability, which are essential in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Thomas Davis Defending Dreams legitimate?

Thomas Davis Defending Dreams is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas Davis Defending Dreams 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

For more financial information, click here


Official website here: www.defendingdreams.org

What is the mission statement of Thomas Davis Defending Dreams?

Thomas Davis Defending Dreams' mission is centered around fostering programs that inspire students to cultivate vital life and social skills. These skills empower them to emerge as tomorrow's leaders and recognize the potential of their aspirations. By providing and advocating for these programs, the organization aims to catalyze a transformative impact on the students' lives. Some of the initiatives under this mission include benevolence giving and scholarship opportunities.


Official website here: www.defendingdreams.org

Who is the CEO of Thomas Davis Defending Dreams?

Rob Brannon is the Treasurer of Thomas Davis Defending Dreams. The CEO's salary of Thomas Davis Defending Dreams is $0 and their total compensation is $0.


Official website here: www.defendingdreams.org

What is the revenue of Thomas Davis Defending Dreams?

Thomas Davis Defending Dreams's revenue in 2022 was $507,541.


Official website here: www.defendingdreams.org

Who are the executives of Thomas Davis Defending Dreams and what are their salaries?


Here are 6 key members and their salaries (Thomas Davis Defending Dreams's CEO's salary is $0 and their total compensation is $0):


April Albritton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Brannon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Davis (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Davis (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denada Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Mims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.defendingdreams.org

Where can I find the form 990 for Thomas Davis Defending Dreams?

Thomas Davis Defending Dreams's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.defendingdreams.org

Learn more at the official website: www.defendingdreams.org

Mission Statement of Thomas Davis Defending Dreams

Thomas Davis Defending Dreams, a nonprofit organization, is committed to promoting and facilitating programs that inspire students to cultivate essential life and social skills. This mission empowers these students to envision and actualize their dreams, positioning them as leaders for the future. The organization achieves this goal through various initiatives, including benevolence giving and scholarships. By offering these programs, Thomas Davis Defending Dreams fosters an environment that enables students to realize their full potential and transform their dreams into reality.

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Impact




July, 2024

Thomas Davis Defending Dreams is impacting the lives of students by providing programs that encourage the development of essential life and social skills. By nurturing these skills, the organization is preparing students to become leaders of tomorrow and helping them realize the potential of their dreams. Through benevolence giving and scholarships, Thomas Davis Defending Dreams is making a difference in Charlotte, NC, and contributing to the growth and success of young individuals in the community.




This information is meant to be a general summary of Thomas Davis Defending Dreams. 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.

Revenue
$507,541 (2022)
Expenses
$472,467 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $507,541

Assets and Liabilities:

  • Total Assets: $141,016
  • Total Liabilities: $0
  • Net Assets: $141,016

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Organization Details

Principal Officer

Rob Brannon

Main Address

13000 S TYRON ST SUITE F BOX 259, CHARLOTTE, NC, 28173

NTEE Category

Code: T31 - Philanthropy

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