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Knoxville Dream Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463430928 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Knoxville Dream Center?

The Knoxville Dream Center is a nonprofit organization situated in Knoxville, Tennessee, specifically at 1444 Breda Drive. Their primary objective is to serve religious, charitable, and educational purposes. They accomplish this by delivering aid where it's most needed through their food truck program. This initiative provides families with essential food supplies at nine different locations around the city. Additionally, the Knoxville Dream Center offers vocational training opportunities by offering hands-on experience in various sectors, such as handywork, farming, and agriculture. This dual approach of food provision and job training aims to uplift and support the community in Knoxville.


Official website here: www.knoxvilledreamcenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%

The Knoxville Dream Center has received a One-Star out of Four Star rating from Charity Navigator, indicating significant areas of concern regarding its accountability and financial practices. With a score of 53% overall, the organization faces challenges in maintaining independent board members and implementing essential policies, such as conflict of interest and whistleblower policies, which received zero points.

Despite these shortcomings, the organization demonstrates a commitment to its mission, as evidenced by a strong program expense ratio of 74.88%. This indicates that a substantial portion of their funds is directed towards their programs, reflecting effective resource allocation for their initiatives. Additionally, the organization has reported a low liabilities to assets ratio, suggesting some stability in their financial structure.

However, the lack of independent oversight and formal policies raises questions about governance and transparency. The absence of documented board meeting minutes and the failure to publish key documents on their website highlight potential issues that may affect donor confidence and stakeholder engagement. Addressing these governance issues could enhance the organization's rating and overall impact.


This AI summary has been generated from information found on Charity Navigator.

Is Knoxville Dream Center legitimate?

Knoxville Dream Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Dream 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.knoxvilledreamcenter.org

What is the mission statement of Knoxville Dream Center?

The Knoxville Dream Center is dedicated to advancing religious, charitable, and educational purposes. To fulfill this mission, they operate food trucks that provide essential assistance to families in need, ensuring they have enough food on their table. Additionally, the organization offers job training opportunities through hands-on experience in various sectors, such as handyman work, farming, and agriculture. The aim is to equip individuals with valuable skills and contribute positively to their communities.


Official website here: www.knoxvilledreamcenter.org

Who is the CEO of Knoxville Dream Center?

Paul Harris is the Director of Knoxville Dream Center.


Official website here: www.knoxvilledreamcenter.org

What is the revenue of Knoxville Dream Center?

Knoxville Dream Center's revenue in 2022 was $493,198.


Official website here: www.knoxvilledreamcenter.org

Who are the executives of Knoxville Dream Center and what are their salaries?


Here are 4 key members and their salaries:


Paul Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Mcginnis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Mcginnis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Mcginnis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.knoxvilledreamcenter.org

Where can I find the form 990 for Knoxville Dream Center?

Knoxville Dream Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.knoxvilledreamcenter.org

Learn more at the official website: www.knoxvilledreamcenter.org

Mission Statement of Knoxville Dream Center

The Knoxville Dream Center is committed to advancing religious, charitable, and educational purposes. To achieve this, the organization operates food trucks that travel to areas of greatest need, providing essential assistance to families struggling to put food on their table. Currently, there are nine sites where the Knoxville Dream Center offers this service.

In addition to its food distribution efforts, the Knoxville Dream Center also offers job training opportunities. Through hands-on experience in various fields such as handywork, farming, and agriculture, individuals can gain valuable skills and potentially secure employment. This aspect of the Knoxville Dream Center's mission aims to empower and uplift those it serves, helping them to improve their livelihoods.

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Impact




July, 2024

Knoxville Dream Center's impact is significant in the Knoxville community. Through their food trucks, they reach out to those in need and help families put food on their tables. They currently operate at nine different sites, providing essential support to those facing food insecurity. Additionally, the organization offers job training opportunities in various fields like handyman work, farming, and agriculture, empowering individuals with valuable skills and experience. Their dedication to advancing religious, charitable, and educational purposes makes a lasting difference in the lives of many in Knoxville.




This information is meant to be a general summary of Knoxville Dream 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.

Revenue
$493,198 (2022)
Expenses
$424,586 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $507
  • Gross Receipts: $493,198

Assets and Liabilities:

  • Total Assets: $261,022
  • Total Liabilities: $2,179
  • Net Assets: $258,843

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Organization Details

Founding Year

2003

Principal Officer

Paul Harris

Main Address

1444 BREDA DRIVE, KNOXVILLE, TN, 37909

NTEE Category

Code: L81 - Housing

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