Overview
What is Everyones Dream Come True?
Everyones Dream Come True, also known as the Dream Come True Foundation, is a nonprofit organization based in Austin, Texas. Their primary mission is to help individuals and families transition out of poverty, achieving sustainable independence. They accomplish this through education, mentoring, financial assistance, and community partnerships. During the 2021-2022 fiscal year, nine families moved out of poverty, contributing significantly to the local economy and reducing government welfare spending. The organization's impact is substantial, with a lifetime payback of over 240:1, as these families no longer rely on public assistance and become tax-paying citizens, while also reducing welfare costs by over $1 million annually. The Dream Come True Foundation currently employs a team of two individuals.
Official website here: www.everyonesdreamcometrue.org
Is Everyones Dream Come True legitimate?
Everyones Dream Come True is a legitimate nonprofit organization registered as a 501(c)(3) entity. Everyones Dream Come True 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: $103,851
Professional Fundraising Fees: $17,312
Other Salaries and Wages: $29,875
For more financial information, click here
Official website here: www.everyonesdreamcometrue.org
What is the mission statement of Everyones Dream Come True?
Everybody's Dream Come True partners with individuals and their families to help them transition from poverty to sustainable independence. They achieve this goal through various means, including education, mentoring, financial assistance, and access to community partnerships. During their 2022 fiscal year, nine individuals successfully secured high-demand jobs, leading to a substantial economic impact. The lifetime payback for this program is estimated to be over 240:1, as it eliminates government assistance spending and contributes to the economy as tax-paying citizens. The organization's efforts have significantly reduced annual government spending on welfare, demonstrating its impact in improving lives and fostering self-sufficiency.
Official website here: www.everyonesdreamcometrue.org
Who is the CEO of Everyones Dream Come True?
Heather Bailey is the Board President of Everyones Dream Come True.
Official website here: www.everyonesdreamcometrue.org
What is the revenue of Everyones Dream Come True?
Everyones Dream Come True's revenue in 2022 was $313,235.
Official website here: www.everyonesdreamcometrue.org
Who are the executives of Everyones Dream Come True and what are their salaries?
The average compensation at Everyones Dream Come True during 2022 was $66,863. There are 2 employees and 25 volunteers at Everyones Dream Come True.
Here are 9 key members and their salaries:
- Compensation: $103,850
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- Other: $4,200
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Official website here: www.everyonesdreamcometrue.org
Where can I find the form 990 for Everyones Dream Come True?
Everyones Dream Come True's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.everyonesdreamcometrue.org
Learn more at the official website: www.everyonesdreamcometrue.org
Mission Statement of Everyones Dream Come True
Everybody's Dream Come True is an organization dedicated to partnering with individuals and their families to help them transition out of poverty and achieve sustainable independence. This is accomplished through a multi-faceted approach that includes education, mentoring, financial assistance, and access to community partnerships.
The primary mission of Everybody's Dream Come True is to assist individuals and families in overcoming poverty, enabling them to become self-sufficient. This is achieved by providing a range of supportive services, such as education and mentoring, to equip them with the necessary skills to secure high-demand jobs that pay family-sustaining incomes. Additionally, the organization offers financial assistance to help families cover essential expenses, further aiding them in their journey towards independence.
Furthermore, Everybody's Dream Come True fosters connections with community partnerships, providing access to resources and opportunities that can significantly contribute to an individual's or family's path towards sustainable independence. By partnering with both local and national organizations, Everybody's Dream Come True ensures that the individuals and families it serves have access to a vast array of support services tailored to their specific needs.
In summary, Everybody's Dream Come True is a nonprofit organization that partners with individuals and their families to help them break the cycle of poverty and achieve sustainable independence. Through a comprehensive approach that includes education, mentoring, financial assistance, and community partnerships, the organization empowers individuals and families to secure high-demand jobs, cover essential expenses, and access valuable resources to build a better future for themselves.
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Impact
October, 2024
Everyones Dream Come True significantly impacts individuals and families in Central Texas by facilitating their transition from poverty to sustainable independence. Through educational opportunities, mentoring, financial support, and community partnerships, the organization empowers families to secure high-demand jobs that provide family-sustaining incomes.
In the fiscal year 2022, nine families successfully graduated from programs organized by Everyones Dream Come True, achieving employment that elevates their economic status. The economic implications of this achievement are substantial. With an estimated lifetime payback of more than 240:1, the initiative not only reduces government assistance costs but also bolsters the economy through tax contributions from these newly employed individuals.
The data illustrates that for an average family of three, the burden of government assistance exceeds $68,000 annually. By moving nine families out of poverty, Everyones Dream Come True generates an annual contribution of approximately $388,800 to the local economy, while simultaneously decreasing public assistance costs by around $613,800 each year. This results in a total economic impact exceeding $1 million annually.
Moreover, reducing dependency on government welfare not only alleviates costs for taxpayers but also fosters new taxpaying citizens who contribute to the community's prosperity. Overall, Everyones Dream Come True exemplifies how targeted support and comprehensive programs can lead to significant transformations in the lives of individuals and families, driving economic growth and reducing poverty in the community.
This information is meant to be a general summary of Everyones Dream Come True. 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.
- Investment Income: $65
- Program Service Revenue: $6,000
- Gross Receipts: $341,099
Assets and Liabilities:
- Total Assets: $117,855
- Total Liabilities: $398
- Net Assets: $117,457
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOUTH TX DREAM COME TRU
Revenue
$6,000
Organization Details
Founding Year
2010
Principal Officer
Heather Bailey
Main Address
PO BOX 5890, AUSTIN, TX, 78763
NTEE Category
Code: P80 - Human services
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