Overview
What is The Dream Center Foundation?
The Dream Center Foundation is a nonprofit organization situated in Los Angeles, California, specifically at 2301 Bellevue Ave, ZIP code 90026. The organization's mission is to collaborate with community-centered nonprofits to address the needs of chronically underserved individuals and communities. They focus on providing essential services such as housing, clothing, food, medical care, training, and education. The Dream Center Foundation employs a team of 22 individuals to carry out these initiatives. Contributions made to the foundation directly support the organizations it partners with to make a significant impact on underserved populations.
Official website here: www.dreamcenterfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The Dream Center Foundation has received an 89% rating from Charity Navigator, reflecting strong accountability and financial management practices. The organization boasts a fully independent board and has consistently earned high scores in various financial metrics, including a significant program expense ratio of 85.75%, indicating that a large portion of its funds directly supports its programs. This financial transparency and governance suggest a commitment to responsible management of resources.
User feedback presents a mixed picture of The Dream Center. While many clients and volunteers commend the organization for transforming lives through various outreach programs, including recovery and support services, others raise serious concerns about past incidents. Notably, there are allegations of mismanagement and inadequate responses to troubling incidents, specifically regarding safety concerns within its programs and financial issues related to educational programs.
Despite these criticisms, numerous reviews highlight the profound positive impact the Dream Center has had on individuals and families struggling with addiction, homelessness, and other challenges. Many users express gratitude for the support they received and the sense of community fostered by the organization. Overall, while The Dream Center Foundation demonstrates financial responsibility and effective service delivery, potential clients and donors may want to consider the experiences shared by some individuals when assessing the organization's reputation.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Dream Center Foundation legitimate?
The Dream Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dream Center Foundation 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: $1,168,160
For more financial information, click here
Official website here: www.dreamcenterfoundation.org
What is the mission statement of The Dream Center Foundation?
The Dream Center Foundation collaborates with community-focused organizations to extend vital assistance to chronically underprivileged individuals and communities. They offer housing, clothing, food, medical care, training, and education as essential resources to enhance their living conditions. The Dream Center Foundation's mission lies in partnering with these organizations to create a positive impact on underprivileged populations. By contributing to the Dream Center and other non-profit organizations that work alongside it, the foundation strengthens its capacity to provide essential services and support to those in need.
Official website here: www.dreamcenterfoundation.org
What is the revenue of The Dream Center Foundation?
The Dream Center Foundation's revenue in 2024 was $22,822,036.
Official website here: www.dreamcenterfoundation.org
Who are the executives of The Dream Center Foundation and what are their salaries?
The average compensation at The Dream Center Foundation during 2024 was $53,098. There are 22 employees and 55 volunteers at The Dream Center Foundation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dreamcenterfoundation.org
Where can I find the form 990 for The Dream Center Foundation?
The Dream Center Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.dreamcenterfoundation.org
Learn more at the official website: www.dreamcenterfoundation.org
Mission Statement of The Dream Center Foundation
The Dream Center Foundation is a philanthropic organization that collaborates with community-centered nonprofits to offer essential resources to chronically underserved individuals and communities. They are dedicated to providing housing, clothing, food, medical care, training, and education.
In practice, The Dream Center Foundation forms partnerships with various nonprofit organizations to extend their reach and impact. By pooling resources, they are able to address the complex needs of underserved populations more comprehensively. The foundation's mission is not limited to financial contributions but also involves active engagement and collaboration.
The Dream Center Foundation is committed to making a tangible difference in the lives of those who are often overlooked by society. Through their collaborations, they help provide essential services that enable individuals and communities to improve their living conditions, access essential resources, and empower themselves for a better future. The foundation's support encompasses various aspects of well-being, ensuring that the people they serve receive the care they need to thrive.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Dream Center Foundation significantly impacts the lives of chronically underserved individuals and communities by collaborating with community-centered organizations to provide essential services. Through partnerships, it facilitates access to housing, clothing, food, medical care, training, and education. This holistic approach addresses the immediate needs of those in crisis while also equipping them with the tools necessary for long-term stability and self-sufficiency. By contributing to the Dream Center and collaborating with various nonprofit organizations, the foundation enhances its reach and effectiveness in Los Angeles, creating a supportive network that uplifts marginalized populations and fosters sustainable change.
This information is meant to be a general summary of The Dream Center Foundation. 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 2024.
- Investment Income: $522,426
- Gross Receipts: $22,822,036
Assets and Liabilities:
- Total Assets: $52,829,201
- Total Liabilities: $17,881,846
- Net Assets: $34,947,355
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2008
Principal Officer
David Oddo
NTEE Category
Code: P122 - Human services
If you are a representative of The Dream Center Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.