Alive Dream Center
Nonprofit profile at a glance
- EIN
- 990475244
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Chesapeake, VA, USA
- Phone
- 7574059454
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Protestant
- Affiliation
- Christianity
Reported finances
- Revenue
- $129,760
- Expenses
- $113,954
- Assets
- $44,337
- Liabilities
- $3,761
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- MICHAEL BRUESEKE (PRESIDENT)
People named in this filing
- MICHAEL BRUESEKE (PRESIDENT)
- MEGAN BRUESEKE (DIRECTOR)
- AMANDA POWELL (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The alive dream center exists to meet the practical needs of people so that they can dream again and is available to anyone in the community in need, offering free groceries, hygiene supplies, and other essential items.
What it reported doing in 2024
The organization operates 'the market,' a community food bank that provides food, clothing, diapers, and hygiene products at no cost. Through this program, the organization supports individuals and families in need, ensuring access to essential resources without financial burden.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 49
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.7%; rating input score 75
- Program expense ratio: 85.1%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 12.2%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 74.7% of revenue deployed · 85.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $97K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.