Overview
What is The Dream Machine Boxing Ring?
The Dream Machine Boxing Ring is a nonprofit organization situated in Compton, California, specifically at 1304 S Stoneacre Ave. Their primary focus is to assist children within their community by teaching them boxing at no cost. This initiative aims to provide a program for at-risk youth, offering them leadership skills that will help them develop into responsible community members. The organization's mission is to empower inner-city youth, guiding them towards personal growth and good citizenship.
Official website here: www.tdmr.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Dream Machine Boxing Ring has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity's score is based entirely on a single beacon score which focuses on accountability and finance, with a noteworthy lack of independent board members and missing policies that are essential for transparency.
Strengths noted in the evaluation include a perfect score for program expenses, indicating that 100% of its expenses are directed toward its programs. Additionally, there are no material diversions of assets, reflecting sound financial stewardship in that aspect. The charity's liabilities-to-assets ratio is also favorable, showcasing a strong financial position.
However, the organization has critical weaknesses, including a complete absence of independent board members and missing key governance policies such as a conflict of interest policy and a whistleblower policy. These deficiencies suggest a need for improvement in governance and accountability to enhance the organization's overall integrity and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Dream Machine Boxing Ring legitimate?
The Dream Machine Boxing Ring is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dream Machine Boxing Ring 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.tdmr.com
What is the mission statement of The Dream Machine Boxing Ring?
The Dream Machine Boxing Ring is committed to providing a program for at-risk youth. Their mission is to offer inner city youth the opportunity to develop essential leadership skills, which will enable them to grow and become valuable contributors to their community. The organization focuses on teaching the art of boxing at no cost to all children in the community, with the aim of fostering personal growth and development. By doing so, they aim to help these young individuals become responsible and active citizens.
Official website here: www.tdmr.com
Who is the CEO of The Dream Machine Boxing Ring?
Ernest Rabotte is the Ceo of The Dream Machine Boxing Ring. The CEO's salary of The Dream Machine Boxing Ring is $0 and their total compensation is $0.
Official website here: www.tdmr.com
What is the revenue of The Dream Machine Boxing Ring?
The Dream Machine Boxing Ring's revenue in 2022 was $2,742.
Official website here: www.tdmr.com
Who are the executives of The Dream Machine Boxing Ring and what are their salaries?
There 3 volunteers at The Dream Machine Boxing Ring.
Here are 3 key members and their salaries (The Dream Machine Boxing Ring's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tdmr.com
Where can I find the form 990 for The Dream Machine Boxing Ring?
The Dream Machine Boxing Ring's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tdmr.com
Learn more at the official website: www.tdmr.com
Mission Statement of The Dream Machine Boxing Ring
The Dream Machine Boxing Ring is dedicated to providing a program for at-risk youth. Their mission is to aid inner-city youth by equipping them with essential leadership skills. This initiative aims to foster their growth and development, ultimately transforming them into responsible and active members of their community. The organization offers boxing instruction at no cost, serving as a platform for these young individuals to learn discipline, perseverance, and teamwork. Through this program, The Dream Machine Boxing Ring strives to empower its participants, instilling in them the values necessary to become well-rounded and contributing citizens.
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Impact
August, 2024
The Dream Machine Boxing Ring has had a significant impact on at-risk youth in Compton, CA. By providing a program that teaches the art of boxing at no cost, this organization is helping inner-city youth develop valuable leadership skills. Through this program, participants are given the opportunity to grow and become positive citizens within their community. The focus on at-risk youth and providing them with a constructive outlet not only benefits the individuals involved but also plays a role in addressing issues such as crime in the area.
This information is meant to be a general summary of The Dream Machine Boxing Ring. 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: $2,742
Assets and Liabilities:
- Total Assets: $4,224
- Total Liabilities: $0
- Net Assets: $4,224
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Organization Details
Founding Year
2009
Principal Officer
Ernest Rabotte
Main Address
1304 S STONEACRE AVE, Compton, CA, 90221
Website
www.tdmr.comNTEE Category
Code: I20 - Crime
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