Overview
What is Dream City Foundation An Arizona Nonprofit Corporation?
The Dream City Foundation, established in Arizona, serves as a nonprofit corporation with a primary mission to aid and support organizations that provide assistance to the vulnerable and underprivileged members of their community. These organizations include Phoenix Dream Center, Short Creek Dream Center, and Streetlight. The foundation's activities encompass outreach, arts, and education, with a focus on raising awareness and generating funds for combating human trafficking and facilitating rehabilitation. They also strive to rescue trafficked individuals and assist them in building a robust and fulfilling life. With a dedicated team of only four employees, the Dream City Foundation demonstrates a strong commitment to bettering the lives of those in need within their community.
Official website here: www.dreamcityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Dream City Foundation has received a strong score of 88%, indicating a commendable level of accountability and financial health. The rating is based entirely on the organization's performance in accountability and finance, where it has excelled in multiple areas, including having a majority of independent board members and a solid program expense ratio of 73.33%. This suggests that a significant portion of their expenses is directed towards programs rather than overhead.
The foundation demonstrates robust governance practices, with a high score for its audit and oversight committee and a commendable record of material diversion of assets, indicating sound management of resources. However, there are some areas for improvement, such as the absence of a whistleblower policy and a document retention policy, which could enhance the transparency and integrity of their operations.
Overall, Dream City Foundation shows a positive financial outlook and governance structure, making it a reliable option for donors looking to support causes in Arizona. While there are a few policies missing, the strong leadership and commitment to accountability provide a solid foundation for their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Dream City Foundation An Arizona Nonprofit Corporation legitimate?
Dream City Foundation An Arizona Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dream City Foundation An Arizona Nonprofit Corporation 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:
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For more financial information, click here
Official website here: www.dreamcityfoundation.org
What is the mission statement of Dream City Foundation An Arizona Nonprofit Corporation?
The Dream City Foundation, a nonprofit organization, is committed to assisting individuals in realizing their dreams through various outreach, arts, and educational initiatives. The organization raises awareness and funds for human trafficking and rehabilitation efforts, aiming to rescue trafficked individuals and equip them with necessary skills to build a prosperous life. In addition to this, the Dream City Foundation supports various outreach organizations such as Phoenix Dream Center, Short Creek Dream Center, and Streetlight, which offer services to the homeless, distressed, and vulnerable members of the community.
Official website here: www.dreamcityfoundation.org
What is the revenue of Dream City Foundation An Arizona Nonprofit Corporation?
Dream City Foundation An Arizona Nonprofit Corporation's revenue in 2024 was $165,773.
Official website here: www.dreamcityfoundation.org
Who are the executives of Dream City Foundation An Arizona Nonprofit Corporation and what are their salaries?
The average compensation at Dream City Foundation An Arizona Nonprofit Corporation during 2024 was $20,166. There are 4 employees and 150 volunteers at Dream City Foundation An Arizona Nonprofit Corporation.
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Official website here: www.dreamcityfoundation.org
Where can I find the form 990EZ for Dream City Foundation An Arizona Nonprofit Corporation?
Dream City Foundation An Arizona Nonprofit Corporation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.dreamcityfoundation.org
Learn more at the official website: www.dreamcityfoundation.org
Mission Statement of Dream City Foundation An Arizona Nonprofit Corporation
Dream City Foundation, a nonprofit corporation, is dedicated to helping individuals realize their dreams through various means, namely outreach, arts, and education. One of their primary objectives is to raise awareness and gather funds for the rehabilitation of victims of human trafficking. The foundation also plays a significant role in rescuing trafficked individuals and equipping them with the necessary skills to build a stable and vibrant life.
Beyond this, Dream City Foundation supports outreach organizations such as Phoenix Dream Center, Short Creek Dream Center, and Streetlight. These organizations provide essential services to the homeless, vulnerable, and disadvantaged members of their community. By partnering with these organizations, Dream City Foundation extends its reach and impact, contributing to the betterment of the lives of many individuals in need. The foundation's mission is to make a difference in people's lives, offering support and resources to help them overcome adversity and achieve their dreams.
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Impact
July, 2024
The Dream City Foundation in Arizona works tirelessly to support outreach organizations like the Phoenix Dream Center, Short Creek Dream Center, and Streetlight, who provide essential services to the homeless, hurting, and helpless in our community. They not only raise awareness and funds for human trafficking and rehabilitation but also actively participate in the rescue and empowerment of trafficked individuals, equipping them with the skills needed to build a strong and vibrant life. Through their dedication to outreach, the arts, and education, Dream City Foundation helps people reach their dreams and fosters a community where individuals can thrive and overcome challenges.
This information is meant to be a general summary of Dream City Foundation An Arizona Nonprofit Corporation. 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: $279
- Gross Receipts: $167,173
Assets and Liabilities:
- Total Assets: $217,617
- Total Liabilities: $25,529
- Net Assets: $192,088
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Organization Details
Founding Year
2011
Principal Officer
Jason Penrose
Website
www.dreamcityfoundation.orgNTEE Category
Code: P11 - Human services
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