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Raleigh 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: 472509570 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Raleigh Dream Center?

Raleigh Dream Center is a nonprofit organization situated in Raleigh, North Carolina, specifically at 6325 Falls of Neuse Rd APT 35-409. Their primary mission is to extend hope and restoration to individuals and families in need within the Triangle area, primarily focusing on homeless, abused, and impoverished high-risk youth. They achieve this mission through offering social services and community programs. A significant aspect of their work involves partnering with Wake County Human Services and the Wake County Food Insecurity Team to distribute food daily, reaching out to 30 local communities and supplying a substantial amount of 1,508,851 pounds of food in 2022. With a dedicated team of 18 employees, Raleigh Dream Center strives to make a positive impact in the lives of those in need.


Official website here: www.raleighdreamcenter.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 87% (Three-Star out of Four Star rating)

The Raleigh Dream Center has received an overall rating of 87%, reflecting a strong performance in accountability and finance. This score is particularly significant as it indicates the organization's effective management of resources and transparency in operations. The charity has achieved full points in several key areas, including the independence of its board members and the absence of material asset diversion, showcasing a committed approach to governance.

One of the notable strengths of Raleigh Dream Center is its impressive program expense ratio of nearly 96%, which indicates that a significant portion of its funding directly supports its programs. Additionally, the organization demonstrates high fundraising efficiency, with only $0.02 spent to raise each dollar, underscoring its cost-effective fundraising efforts. Such metrics suggest that donors can have confidence in the organization’s ability to utilize contributions effectively for its mission.

While the charity's financial health appears robust, indicated by a liabilities-to-assets ratio of 0.00%, it is important to consider the context of its working capital ratio of 0.74 years. This figure suggests that while the organization is currently managing its resources well, future funding stability may depend on continuous donor support and effective financial planning to sustain its programs in the long term.


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

What do the Facebook reviews say about Raleigh Dream Center?

100% of 19 reviewers on Facebook recommend Raleigh Dream Center. Here’s what they have to say:

Many users express deep appreciation for the organization, highlighting the dedication and warmth of its staff. They celebrate the "Adopt a Block" initiative as particularly impactful, encouraging families to participate and experience its positive effects together.

Overall, the sentiment towards Raleigh Dream Center is overwhelmingly positive, showcasing a community that values the services and programs offered by the nonprofit. Enthusiasm for the organization reflects its commitment to making a difference in the lives of those it serves.


This AI summary has been generated from reviews found on Facebook.

Is Raleigh Dream Center legitimate?

Raleigh Dream Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raleigh 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: $382,318

For more financial information, click here


Official website here: www.raleighdreamcenter.org

What is the mission statement of Raleigh Dream Center?

The Raleigh Dream Center's mission is centered around bringing hope and restoration to individuals and families in need, primarily focusing on homeless, abused, and impoverished high-risk youth. They achieve this goal by delivering social services and community programs through the message of the Gospel. One of their initiatives includes a Mobile Food Pantry, collaborating with Wake County Human Services and the Wake County Food Insecurity Team to distribute food to 30 local communities, contributing to a substantial 1,508,851 pounds of food distributed in 2022.


Official website here: www.raleighdreamcenter.org

Who is the CEO of Raleigh Dream Center?

Jeremy Porras is the Executive Director of Raleigh Dream Center.


Official website here: www.raleighdreamcenter.org

What is the revenue of Raleigh Dream Center?

Raleigh Dream Center's revenue in 2022 was $3,177,829.


Official website here: www.raleighdreamcenter.org

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

The average compensation at Raleigh Dream Center during 2022 was $21,240. There are 18 employees and 5086 volunteers at Raleigh Dream Center.


Here are 6 key members and their salaries:


Jeremy Porras (Executive Director)
  • Compensation: $62,633
  • Related: $0
  • Other: $0
Kerry Rouser (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Murphy (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Stephenson (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Shelton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Zelem (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.raleighdreamcenter.org

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

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


Official website here: www.raleighdreamcenter.org

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

Mission Statement of Raleigh Dream Center

Raleigh Dream Center, an organization dedicated to bringing hope and restoration, fulfills its mission by delivering social services and community programs to underprivileged communities in the Triangle area. Specifically, this nonprofit focuses on providing assistance to homeless, abused, and impoverished high-risk youth, individuals, and families. One of their notable initiatives is the Mobile Food Pantry, which collaborates with Wake County Human Services and the Wake County Food Insecurity Team to distribute food daily to 30 local communities, contributing to a substantial 1,508,851 pounds of food being distributed in 2022. Through these efforts, Raleigh Dream Center seeks to uplift and empower those in need, spreading the message of the Gospel while addressing their practical needs.

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Impact




July, 2024

The Raleigh Dream Center's impact is significant in the Triangle area, particularly in Raleigh, North Carolina. Through their mission to bring hope and restoration to underprivileged communities, they have made a difference by providing social services and community programs to those in need. One notable initiative is their Mobile Food Pantry, which in 2022 alone distributed over 1.5 million pounds of food across 30 local communities in partnership with Wake County Human Services. This effort has not only helped combat food insecurity but also provided essential support to homeless, abused, and impoverished individuals and families. The Raleigh Dream Center's commitment to human services has undoubtedly had a positive impact on the lives of many in the area.




This information is meant to be a general summary of Raleigh 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
$3,177,829 (2022)
Expenses
$2,693,512 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $117
  • Gross Receipts: $3,177,829

Assets and Liabilities:

  • Total Assets: $1,319,869
  • Total Liabilities: $0
  • Net Assets: $1,319,869

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Organization Details

Founding Year

2014

Principal Officer

Jeremy Porras

Main Address

6325 Falls of Neuse Rd APT 35-409, Raleigh, NC, 27615

NTEE Category

Code: P20 - Human services

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