Overview
What is Basin Dream Center For Orphans?
The Basin Dream Center for Orphans is a nonprofit organization situated in Midland, dedicated to offering a secure and nurturing environment for local foster and homeless youth. Their primary goal is to help these young individuals stabilize their lives, find hope, and heal. In 2018, they successfully housed and assisted five girls, keeping them safe from the dangers of human trafficking and enabling them to maintain their education and employment. Additionally, the center upgraded its student bedrooms and study areas to inspire and motivate the youth.
Official website here: www.basindreamcenterfororphans.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 18%, Zero-Star out of Four Star rating.
Basin Dream Center For Orphans has received a low score of 18%, primarily due to significant issues in accountability and finance. The absence of independent board members, with 0 out of 8 points awarded, raises concerns about governance. Furthermore, the organization has not provided sufficient financial documentation, receiving a score of 0 for its financial statements, which detracts from its overall transparency.
On a positive note, the organization has successfully reported no material diversion of assets, scoring 10 out of 10 in that category, and has established some policies such as a conflict of interest policy. However, it lacks a whistleblower policy and has not documented its retention and destruction processes, resulting in further penalties in the accountability section.
Overall, the rating indicates that while there are some basic governance practices in place, the significant shortcomings in board independence and financial transparency highlight areas that need urgent improvement for the Basin Dream Center For Orphans to enhance its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Basin Dream Center For Orphans legitimate?
Basin Dream Center For Orphans is a legitimate nonprofit organization registered as a 501(c)(3) entity. Basin Dream Center For Orphans 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: $109,537
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,458
For more financial information, click here
Official website here: www.basindreamcenterfororphans.org
What is the mission statement of Basin Dream Center For Orphans?
The Basin Dream Center For Orphans exists with a mission to offer a secure and stable living environment for foster and homeless youth in an unspecified location. Its primary objective is to provide these young individuals with a chance to find hope and healing. The center aims to keep these youth off the streets and away from the danger of human trafficking, enabling them to maintain their education and secure employment. In addition, the center updates its student bedrooms and study areas to inspire and motivate the youth to dream for a better future.
Official website here: www.basindreamcenterfororphans.org
Who is the CEO of Basin Dream Center For Orphans?
Tina Gilliahan is the Executive Dir. of Basin Dream Center For Orphans.
Official website here: www.basindreamcenterfororphans.org
What is the revenue of Basin Dream Center For Orphans?
Basin Dream Center For Orphans's revenue in 2022 was $596,776.
Official website here: www.basindreamcenterfororphans.org
Who are the executives of Basin Dream Center For Orphans and what are their salaries?
The average compensation at Basin Dream Center For Orphans during 2022 was $42,998. There are 3 employees at Basin Dream Center For Orphans.
Here are 10 key members and their salaries:
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $22,500
- Related: $0
- Other: $0
- Compensation: $22,500
- Related: $0
- Other: $0
- Compensation: $4,537
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.basindreamcenterfororphans.org
Where can I find the form 990 for Basin Dream Center For Orphans?
Basin Dream Center For Orphans's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.basindreamcenterfororphans.org
Learn more at the official website: www.basindreamcenterfororphans.org
Mission Statement of Basin Dream Center For Orphans
Basin Dream Center For Orphans, abbreviated as BDCO, is a nonprofit organization committed to offering a secure and nurturing environment for foster and homeless youth in Midland. Its primary mission is to help these young individuals stabilize their lives and find hope and healing. By providing a safe shelter, BDCO aims to protect these youth from the dangers of the streets and human trafficking, enabling them to continue their education and secure employment. In addition to this, the organization has taken steps to enhance the living conditions of the youth, updating their student bedrooms and study areas to inspire them to dream and envision a brighter future.
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Impact
July, 2024
Basin Dream Center For Orphans, through its housing program for Midland's foster and homeless youth, has directly impacted the lives of five girls in 2018. By providing a safe and secure environment, the organization has kept these vulnerable individuals off the streets, protected them from human trafficking, and supported their education and employment opportunities. Additionally, the center's efforts to update student bedrooms and study areas have further contributed to the well-being and development of these young individuals. Overall, Basin Dream Center For Orphans is making a significant difference by inspiring hope and stability in the lives of at-risk youth in Midland.
This information is meant to be a general summary of Basin Dream Center For Orphans. 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: $1,400
- Gross Receipts: $596,776
Assets and Liabilities:
- Total Assets: $1,001,071
- Total Liabilities: $430,940
- Net Assets: $570,131
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Organization Details
Phone
(432) 967-5561Principal Officer
Tina Gilliahan
Main Address
PO BOX 52473, MIDLAND, TX, 79710
NTEE Category
Code: P72 - Human services
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