Overview
What is Once Upon A Dream Learning Center?
Once Upon A Dream Learning Center is a nonprofit organization that actively collaborates with local schools to support teenage parents in continuing their education. By offering affordable tuition to motivated teen parents, the center aims to empower them to achieve academic success despite their parental responsibilities. Scholarships are also provided for those in financial need, further enabling their educational journey. The organization's mission is centered around ensuring that teen parents remain in school and have the necessary resources to thrive academically.
Official website here: www.onceadreamcenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very poor (22%)
Once Upon A Dream Learning Center has received a very poor rating, evidenced by a low overall score of 22%, which indicates significant concerns regarding its operational transparency and financial effectiveness. Despite achieving a perfect score in the Accountability & Finance category, the organization struggles with key areas such as independent board representation and financial disclosure, which raises questions about governance practices.
The center is noted for having a fully independent board; however, the size of the board is critically small with only one independent member. Additionally, there are several policy deficiencies, including the absence of a conflict of interest policy and a whistleblower policy, which are essential for fostering accountability and ethical governance within nonprofit organizations. The lack of publicly accessible financial statements further undermines trust and transparency, as stakeholders cannot assess the organization's financial health.
Furthermore, the program expense ratio is alarmingly low at 6.02%, suggesting that only a small portion of resources is directed towards its programs, which might affect the organization's impact and sustainability. Overall, while there are some positive aspects in terms of board independence and material asset management, the significant shortcomings in financial reporting and governance policies could hinder the organization's credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Once Upon A Dream Learning Center legitimate?
Once Upon A Dream Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Once Upon A Dream Learning 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: $31,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,965
For more financial information, click here
Official website here: www.onceadreamcenter.com
What is the mission statement of Once Upon A Dream Learning Center?
Once Upon A Dream Learning Center's mission is centered around supporting teen parents in their educational journey. The organization collaborates with local schools to help these young parents continue their education. Additionally, they offer affordable tuition options to those teen parents who are committed to achieving their academic goals. The center's efforts are geared towards ensuring that teen parenthood does not hinder a student's educational progress. They provide scholarships to eligible teen parents, further reinforcing their dedication to educational accessibility.
Official website here: www.onceadreamcenter.com
Who is the CEO of Once Upon A Dream Learning Center?
Shukia Relford is the Director of Once Upon A Dream Learning Center.
Official website here: www.onceadreamcenter.com
What is the revenue of Once Upon A Dream Learning Center?
Once Upon A Dream Learning Center's revenue in 2022 was $784,948.
Official website here: www.onceadreamcenter.com
Who are the executives of Once Upon A Dream Learning Center and what are their salaries?
The average compensation at Once Upon A Dream Learning Center during 2022 was $8,399. There are 28 employees at Once Upon A Dream Learning Center.
There is 1 key member and their salary:
- Compensation: $31,200
- Related: $0
- Other: $0
Official website here: www.onceadreamcenter.com
Where can I find the form 990 for Once Upon A Dream Learning Center?
Once Upon A Dream Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.onceadreamcenter.com
Learn more at the official website: www.onceadreamcenter.com
Mission Statement of Once Upon A Dream Learning Center
Once Upon A Dream Learning Center is committed to supporting teen parents in their pursuit of education. By collaborating with local schools, this organization ensures that these young individuals can continue their studies amidst parenthood. To facilitate this, Once Upon A Dream Learning Center offers affordable tuition to determined teen parents, aiming to empower them to succeed academically. The center's mission is to bridge the gap between teenage parenthood and educational continuity, thereby providing a pathway for these young parents to build a better future for themselves and their families.
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Impact
July, 2024
Once Upon A Dream Learning Center's impact is profound as they work with local schools in Beaumont, Texas to support teen parents in staying in school. By offering low-cost tuition and tuition scholarships to teen parents who are determined to succeed, they provide a crucial resource for these individuals to continue their education and build a brighter future for themselves and their children. Through their commitment to empowering teen parents, Once Upon A Dream Learning Center plays a vital role in breaking barriers to education and providing support to those in need.
This information is meant to be a general summary of Once Upon A Dream Learning 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.
- Program Service Revenue: $784,948
- Gross Receipts: $784,948
Assets and Liabilities:
- Total Assets: $239,916
- Total Liabilities: $360
- Net Assets: $239,556
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$784,948
Organization Details
Founding Year
2015
Phone
(409) 838-2414Principal Officer
Shukia Relford
Main Address
701 CALDER ST, BEAUMONT, TX, 77701
Website
www.onceadreamcenter.comNTEE Category
Code: P45 - Human services
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