Overview
What is Dream Centers Of Michigan?
Dream Centers Of Michigan is a volunteer-driven, non-profit organization situated in Troy, Michigan. With a focus on serving the homeless, low-income, at-risk youth, and struggling families, they offer resources and opportunities to aid individuals in striving towards self-sufficiency. Their primary program, a 12-month residential housing initiative, targets young males aged 18-24, fostering personal growth through relationships, life skills, accountability, and spiritual development. Services extend to mentoring, wellness benefits, education, employment assistance, food, and lodging. Their ultimate goal is to empower participants to graduate, adopting healthy lifestyle habits that promote self-sustainability. To date, nineteen young men have benefited from this program, with several pursuing higher education, skilled trades, and living wage employment.
Official website here: www.dcofmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Dream Centers Of Michigan demonstrates a solid performance with an overall score of 81%. This rating reflects its strong accountability and financial practices, which are essential for establishing trust with donors. The organization has been noted for its transparency, with all necessary policies in place, and it excels in financial oversight, receiving full points in several categories related to audit and asset management.
The nonprofit also shows a commendable program expense ratio of 83.28%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization's liabilities to assets ratio stands at a healthy 18.45%, suggesting prudent financial management and sustainability.
While the evaluation is largely positive, the three-star rating indicates that there is room for improvement. Future efforts could focus on enhancing the organization's visibility and outreach to further bolster community engagement and support. Overall, Dream Centers Of Michigan showcases a commitment to accountability and effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Dream Centers Of Michigan legitimate?
Dream Centers Of Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dream Centers Of Michigan 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: $94,638
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,579
For more financial information, click here
Official website here: www.dcofmi.org
What is the mission statement of Dream Centers Of Michigan?
The Dream Centers of Michigan, as a volunteer-driven non-profit organization, is committed to engaging, equipping, and empowering individuals from various backgrounds, including the homeless, low-income, at-risk youth, and struggling families. Their mission is to provide resources and opportunities that enable these individuals to strive for a self-sufficient life. This is achieved through a 12-month residential housing program for young men aged 18-24, focusing on life transformation through relationships, life skills, accountability, and spiritual growth. The program offers mentoring, wellness benefits, education, employment assistance, food, and lodging, with the ultimate goal of having participants graduate and maintain a healthy lifestyle promoting self-sustainability.
Official website here: www.dcofmi.org
Who is the CEO of Dream Centers Of Michigan?
Ellie Schupra is the Executive Director of Dream Centers Of Michigan.
Official website here: www.dcofmi.org
What is the revenue of Dream Centers Of Michigan?
Dream Centers Of Michigan's revenue in 2022 was $907,474.
Official website here: www.dcofmi.org
Who are the executives of Dream Centers Of Michigan and what are their salaries?
The average compensation at Dream Centers Of Michigan during 2022 was $48,174. There are 7 employees and 231 volunteers at Dream Centers Of Michigan.
Here are 4 key members and their salaries:
- Compensation: $76,472
- Related: $0
- Other: $17,367
- Compensation: $0
- Related: $33,943
- Other: $24,937
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dcofmi.org
Where can I find the form 990 for Dream Centers Of Michigan?
Dream Centers Of Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dcofmi.org
Learn more at the official website: www.dcofmi.org
Mission Statement of Dream Centers Of Michigan
Dream Centers Of Michigan is a volunteer-driven, non-profit organization with a mission to extend compassion, equip, and empower individuals to experience personal transformation. This organization targets the homeless, low-income, at-risk youth, and struggling families by providing resources and opportunities that help them strive for self-sufficiency.
At the heart of Dream Centers Of Michigan's mission is their 12-month residential housing program, which focuses on young men aged between 18 and 24. Through this program, participants engage in life-transforming experiences by developing relationships, acquiring essential life skills, embracing accountability, and fostering spiritual growth. The organization offers various services such as mentoring, wellness benefits, education, employment assistance, access to food, and lodging, all geared towards helping its residents achieve self-sustainable living. The ultimate aim is for the program participants to graduate, armed with the ability to maintain a healthy lifestyle that promotes and ensures continued self-sufficiency.
In addition to this residential program, Dream Centers Of Michigan also offers a life-change leadership development program, which serves nine young men annually. Many of these individuals pursue higher education, skilled trades, or secure living-wage employment after completing the program. The organization's mission is thus a testament to their commitment to supporting individuals in need, providing them with the tools and opportunities to transform their lives and build a self-sufficient future.
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Impact
July, 2024
Dream Centers Of Michigan's impact can be seen through the transformation it brings to young men aged 18-24 through its 12-month residential housing program. By focusing on fostering relationships, imparting life skills, instilling accountability, and nurturing spiritual growth, the organization equips these individuals to experience life change. In the past year, nineteen young men have been served, with nine of them actively participating in a life-change leadership development program. Additionally, three participants are pursuing higher education, three are engaging in skilled trades, and three have secured living wage employment. Through providing essential services such as mentoring, wellness benefits, education, employment support, food, and shelter, Dream Centers Of Michigan is instrumental in helping these individuals graduate from the program and lead healthy, self-sustainable lives. By offering resources and opportunities to the homeless, low-income individuals, at-risk youth, and struggling families, this volunteer-driven organization is dedicated to realizing the dream of living a self-sufficient life for those in need.
This information is meant to be a general summary of Dream Centers Of Michigan. 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.
- Gross Receipts: $952,118
Assets and Liabilities:
- Total Assets: $993,301
- Total Liabilities: $107,003
- Net Assets: $886,298
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Organization Details
Founding Year
2014
Phone
(248) 221-5747Principal Officer
Ellie Schupra
Main Address
6600 Rochester Rd, Troy, MI, 48085
Website
www.dcofmi.orgNTEE Category
Code: P20 - Human services
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