Overview
What is The Dreampower Foundation?
The Dreampower Foundation is a nonprofit organization located at 11386 East Smith Road, Elbert, Colorado, 80106. Their mission encompasses the therapeutic and psychological benefits of involving senior citizens in the rehabilitation of abused or threatened animals. This unique approach creates a sanctuary for both homeless animals and people of all ages, providing them with much-needed care and support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Stars)
The Dreampower Foundation has received a low rating of 48%, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, other critical areas such as board size, conflict of interest policy, and the posting of tax documents on their website have been scored poorly. This lack of transparency and governance raises questions about the foundation's overall oversight.
Strengths of The Dreampower Foundation include a strong program expense ratio, signifying that funds are effectively directed toward its mission. However, the shortcomings in governance and financial management overshadow these strengths and suggest potential risks in the foundation's operations. The organization's ability to maintain credibility with donors and stakeholders could be severely affected by these weaknesses.
Limitations highlighted in the evaluation emphasize the need for improvement in several policy areas, including whistleblower protections and document retention. Without addressing these gaps, the foundation may struggle to build trust with its supporters and ensure responsible stewardship of its resources. Overall, prospective donors should approach with caution and consider the implications of the current rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Dreampower Foundation legitimate?
The Dreampower Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dreampower Foundation 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
What is the mission statement of The Dreampower Foundation?
The Dreampower Foundation serves as a refuge for both homeless animals and people of all ages. Its mission encompasses providing therapy and essential care to those in need. Senior citizens play a vital role in the foundation's activities, contributing to the rehabilitation of mistreated or endangered animals through therapeutic and psychological engagement. By fostering this unique bond between people and animals, The Dreampower Foundation creates an environment that offers a sanctuary for healing and new beginnings for all its inhabitants.
What is the revenue of The Dreampower Foundation?
The Dreampower Foundation's revenue in 2023 was $60,415.
Who are the executives of The Dreampower Foundation and what are their salaries?
There 2 volunteers at The Dreampower Foundation.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Dreampower Foundation?
The Dreampower Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Dreampower Foundation
The Dreampower Foundation, a sanctuary of care and therapy, is dedicated to providing a refuge for both homeless animals and people of all ages. In this unique endeavor, the organization believed that the therapeutic and psychological benefits derived from the interaction between the elderly and animals in need could bring about a transformative impact.
At The Dreampower Foundation, homeless animals receive the care they deserve while also serving a greater purpose. Senior citizens are enlisted in the process of rehabilitating these abused or threatened creatures. This mutually beneficial arrangement not only provides the animals with much-needed attention and care but also offers therapeutic benefits to the elderly, fostering a sense of purpose and connection.
The Dreampower Foundation's mission is to create a nurturing environment where both animals and individuals can heal and find solace. By combining the therapeutic benefits of animal companionship with the psychological advantages of community engagement and care, the organization strives to make a positive difference in the lives of those who have found themselves in unfortunate circumstances. Together, the animals and seniors form a bond that goes beyond the ordinary, leading to a sense of belonging and renewed hope.
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Impact
October, 2024
The Dreampower Foundation provides a sanctuary that fosters healing and care for both homeless animals and individuals of all ages. Its unique approach integrates the therapeutic and psychological benefits of involving senior citizens in the rehabilitation of abused or threatened animals. This program not only offers essential support to vulnerable animals but also enhances the emotional and social well-being of the participants, creating a symbiotic relationship that revitalizes lives on both ends. Based in Elbert, Colorado, the foundation's mission resonates deeply within the community, offering hope and healing to those in need while advocating for the welfare of animals.
This information is meant to be a general summary of The Dreampower Foundation. 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 2023.
- Gross Receipts: $60,415
Assets and Liabilities:
- Total Assets: $4,947
- Total Liabilities: $51,876
- Net Assets: -$46,929
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Organization Details
Founding Year
1999
Principal Officer
Diane Benedict
NTEE Category
Code: D200 - Animals
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