Overview
What is Dreams For Change Inc?
Dreams For Change Inc, based in San Diego, California, is a nonprofit organization dedicated to addressing the needs of the underprivileged community. Their mission is to develop innovative and affordable programs, aimed at empowering and stabilizing the lives of under-served families and individuals. They accomplish this through a collaborative initiative, expanding access to free tax services and public benefit screening across San Diego County. Moreover, they provide financial education and coaching to help individuals manage their finances more effectively. With a workforce of 122 employees, Dreams For Change Inc is committed to making a tangible impact in the lives of the San Diego community.
Official website here: www.dreamsforchange.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating. This high rating indicates that Dreams For Change Inc is performing exceptionally well in multiple operational aspects, particularly in accountability and finance, where it scored 96%. The organization has also excelled in aspects related to culture and community, showcasing a strong commitment to its mission and stakeholders.
Dreams For Change Inc is highly regarded for its innovative approach to addressing homelessness in San Diego. Feedback from board members highlights the organization’s effective combination of for-profit activities and traditional fundraising, which allows it to provide diverse programs aimed at helping clients achieve stability and self-sufficiency. Their services include financial training, work experience opportunities, and safe shelter solutions, which are praised for being well-structured and impactful.
While the organization demonstrates numerous strengths, including 100% independent board members and a robust feedback collection process, continuous monitoring of its practices will be essential to maintain its impressive performance. Overall, the feedback from board members reflects a deep commitment to the mission and positive outcomes for the underserved populations they serve.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Dreams For Change Inc legitimate?
Dreams For Change Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreams For Change 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: $72,332
Professional Fundraising Fees: $0
Other Salaries and Wages: $939,469
For more financial information, click here
Official website here: www.dreamsforchange.org
What is the mission statement of Dreams For Change Inc?
Dreams For Change Inc's mission is centered around addressing the needs of underserved individuals and families by developing innovative and budget-friendly programs. The organization strives to empower and stabilize their lives. As part of its mission, Dreams for Change initiates collaborative projects, such as expanding free tax services and public benefit screenings throughout San Diego County. Furthermore, they offer financial education and coaching to help individuals make informed decisions about their finances.
Official website here: www.dreamsforchange.org
Who is the CEO of Dreams For Change Inc?
Teresa Smith is the Ceo of Dreams For Change Inc. The CEO's salary of Dreams For Change Inc is $72,332 and their total compensation is $72,332.
Official website here: www.dreamsforchange.org
What is the revenue of Dreams For Change Inc?
Dreams For Change Inc's revenue in 2022 was $1,808,741.
Official website here: www.dreamsforchange.org
Who are the executives of Dreams For Change Inc and what are their salaries?
The average compensation at Dreams For Change Inc during 2022 was $8,293. There are 122 employees and 65 volunteers at Dreams For Change Inc.
Here are 7 key members and their salaries (Dreams For Change Inc's CEO's salary is $72,332 and their total compensation is $72,332):
- Compensation: $72,332
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.dreamsforchange.org
Where can I find the form 990 for Dreams For Change Inc?
Dreams For Change Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dreamsforchange.org
Learn more at the official website: www.dreamsforchange.org
Mission Statement of Dreams For Change Inc
Dreams for Change Inc, a nonprofit organization, is committed to addressing the needs of under-served families and individuals in San Diego. Their mission is to innovate and create cost-effective programs that empower and stabilize the lives of these individuals. To achieve this, they coordinate a collaborative initiative to expand free tax services and public benefit screening throughout San Diego County. Furthermore, they provide financial education and coaching to help individuals better manage their finances. By doing so, Dreams for Change Inc aims to empower the people they serve, enabling them to lead more stable and fulfilling lives.
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Impact
October, 2024
Dreams For Change Inc significantly impacts the community in San Diego by empowering and stabilizing the lives of underserved families and individuals. Through its innovative programs, it addresses essential needs such as financial stability and education. The organization coordinates a collaborative initiative that expands access to free tax services and public benefit screening across San Diego County, ensuring that individuals can utilize available resources effectively.
Additionally, Dreams For Change provides financial education and coaching, equipping participants with the knowledge and skills necessary to improve their economic situation. This holistic approach fosters long-term empowerment, enabling families to build assets and achieve greater financial independence. By focusing on these critical areas, Dreams For Change plays a vital role in uplifting the community and enhancing the overall quality of life for its residents.
This information is meant to be a general summary of Dreams For Change 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.
- Program Service Revenue: $48,404
- Gross Receipts: $1,808,741
Assets and Liabilities:
- Total Assets: $589,118
- Total Liabilities: $7,939
- Net Assets: $581,179
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Organization Details
Founding Year
2009
Phone
(619) 497-0236Principal Officer
Teresa Smith
Main Address
PO BOX 16327, SAN DIEGO, CA, 92176
Website
www.dreamsforchange.orgNTEE Category
Code: P20 - Human services
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