Overview
What is Dreaam Opportunity Center?
The Dreaam Opportunity Center, located at 302 W Church St, Champaign, IL 61820, is a nonprofit organization dedicated to uplifting boys and young men. They strive to bridge the achievement and opportunity gaps among this demographic by offering transformative experiences. Their mission involves providing these experiences to empower and equip these individuals, thereby fostering their growth and success. The nonprofit employs a team of 105 individuals in their mission to make a positive impact.
Official website here: www.dreaam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Dreaam Opportunity Center has achieved an 88% rating from Charity Navigator, indicating a commendable level of accountability and financial health. This score is derived entirely from its accountability and finance beacon, showcasing a strong emphasis on transparency and governance. The organization has consistently maintained an independent board, with 100% of its members being independent, which reflects positively on its governance practices.
The center demonstrates robust financial management, highlighted by an impressive program expense ratio of 86.72%. This suggests that the majority of its funds are directed toward its mission-related activities. Additionally, there have been no reported material diversions of assets, which reinforces its operational integrity. The financial statements are supported by a dedicated audit and oversight committee, further enhancing trust in its financial reporting.
However, the organization has noted gaps in its governance policies, specifically the absence of a conflict of interest policy and a whistleblower policy. These omissions could potentially affect its overall accountability perception. Despite these limitations, Dreaam Opportunity Center shows a strong commitment to its mission and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Dreaam Opportunity Center?
94% of the 8 reviewers on Facebook recommend Dreaam Opportunity Center. Here is a summary of their reviews:
Parents express satisfaction with the programs offered, noting significant positive impacts on their children's development. One parent highlights how their son is excited about attending and consistently shares new experiences he gains from the program.
Overall, the sentiment reflects a strong appreciation for the nonprofit's work and its effectiveness in enriching the lives of the children involved. The community seems to value the opportunities provided, making it a noteworthy choice for families looking for supportive programs.
This AI summary has been generated from reviews found on Facebook.
Is Dreaam Opportunity Center legitimate?
Dreaam Opportunity Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreaam Opportunity Center 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: $89,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $866,014
For more financial information, click here
Official website here: www.dreaam.org
What is the mission statement of Dreaam Opportunity Center?
The Dreaam Opportunity Center is committed to supporting boys and young men by offering transformative experiences. Their mission is aimed at bridging the achievement and opportunity gaps amongst this demographic. Through these experiences, they strive to empower these individuals, providing them with the necessary tools to overcome any obstacles they may face. The center's activities are centered around providing equal opportunities and promoting success among boys and young men.
Official website here: www.dreaam.org
Who is the CEO of Dreaam Opportunity Center?
Tracy Dace is the President of Dreaam Opportunity Center. The CEO's salary of Dreaam Opportunity Center is $89,430 and their total compensation is $97,079.
Official website here: www.dreaam.org
What is the revenue of Dreaam Opportunity Center?
Dreaam Opportunity Center's revenue in 2022 was $2,098,013.
Official website here: www.dreaam.org
Who are the executives of Dreaam Opportunity Center and what are their salaries?
The average compensation at Dreaam Opportunity Center during 2022 was $9,099. There are 105 employees and 40 volunteers at Dreaam Opportunity Center.
Here are 10 key members and their salaries (Dreaam Opportunity Center's CEO's salary is $89,430 and their total compensation is $97,079):
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- Compensation: $89,430
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- Other: $7,649
Official website here: www.dreaam.org
Where can I find the form 990 for Dreaam Opportunity Center?
Dreaam Opportunity Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dreaam.org
Learn more at the official website: www.dreaam.org
Mission Statement of Dreaam Opportunity Center
The Dreaam Opportunity Center, a nonprofit organization, is dedicated to supporting boys and young men by providing transformative experiences. Their mission is to bridge achievement and opportunity gaps among this demographic, aiming to level the playing field and ensure equal opportunities for all. Through their initiatives, they strive to empower these young individuals, helping them overcome any obstacles that may hinder their development and success.
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Impact
July, 2024
Dreaam Opportunity Center's impact is focused on supporting boys and young men by providing transformative experiences to reduce the achievement and opportunity gaps among this demographic. Through their work in Champaign, IL, the organization aims to empower boys and young men to reach their full potential by addressing disparities and creating avenues for growth and success in their lives. The center's mission is dedicated to bridging the gaps in opportunities and outcomes for boys and young men, ultimately striving to make a positive and lasting impact on their lives.
This information is meant to be a general summary of Dreaam Opportunity Center. 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: $4,405
- Gross Receipts: $2,098,013
Assets and Liabilities:
- Total Assets: $1,090,752
- Total Liabilities: $252,412
- Net Assets: $838,340
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Organization Details
Founding Year
2017
Phone
(217) 530-0110Principal Officer
Tracy Dace
Main Address
302 W CHURCH ST, CHAMPAIGN, IL, 61820
Website
www.dreaam.orgNTEE Category
Code: P20 - Human services
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