Dream Center Dallas Inc

Nonprofit profile at a glance

EIN
862239505
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Allen, TX, USA
Phone
2144957500
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$2,197,611
Expenses
$647,161
Assets
$13,956,563
Liabilities
$7,662,829

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DUSTIN BATES (PRESIDENT/DIRECTOR)

Highest reported compensation

  • DUSTIN BATES (PRESIDENT/DIRECTOR): $145,132 total reported compensation
  • STEVE COLLINS (DIRECTOR): $17,360 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To connect people to a community of support by providing free resources and services that address immediate and longterm needs in the areas of homelessness, hunger, poverty, addiction, abuse, education and human trafficking.

What it reported doing in 2024

The dream center dallas property was acquired in january 2020, with the property in complete disrepair renovations began immediately on the historic building. Many programs have launched since the time including, weekly food distributions routes, mobile pregnancy clinic, women's store, monthly adopt a block, neighborhood need assesments, dc kids, and more. In 2024 with 2,842 volunteers, dcd distributed over 175,000 pounds of food, 18,000 household items, served over 30,800 individuals, and saved 32 babies. In addition, over 1,900 women served at our womens store.the dream center dallas property is scheduled to be completed late fall of 2024. This building will be a hub of ministry for the community and a beacon of hope for all.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 84
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.8%; rating input score 29
  • Program expense ratio: 97.6%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 70.6%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 21.57; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 36.8% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 32.4% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 70% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 28.8% of revenue deployed · 97.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $632K in reported program spending
  • Leadership: top reported pay $145K · 5 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.