Florida Dream Center Inc

Nonprofit profile at a glance

EIN
460663472
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
St Petersburg, FL, USA
Phone
7278519074
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$2,447,321
Expenses
$2,326,780
Assets
$1,525,640
Liabilities
$178,462

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Highest reported compensation

  • ZELDA O'CONNELL (COO): $33,415 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Florida dream center inspires self-sufficiency by sharing faith through resources and restoring hope in communities.

What it reported doing in 2025

The Florida dream center fulfills its mission through four core programs: adopt-a-block, the mobile food bank, resident advocacy and work readiness training. Each program is focused on equipping individuals and families with resources and relational support to overcome crisis and achieve long- term self-sufficiency.the statistics below are estimated based on approximately one-half of the activity reported for the 2024 calendar year, reflecting the six-month period from january 1,2025 through june 30, 2025. We welcome any updated figures that more accurately reflect actual activity during the short-period.Florida dream center's adopt-a-block outreach program engages volunteers to serve under-resourced neighborhoods every saturday. During the six-month period ended june 30, 2025, the program mobilized 6486 volunteer hours, supported approximately 5235 families, and delivered critical services including hygiene items, minor home repairs, yard cleanups, and community beautification. The program builds trust and opens the door for further assistance through case management and workforce support. The mobile food bank reduces food insecurity by bringing food directly into neighborhoods where need is greatest. During the six-month period ended june 30, 2025, the program distributed approximately 1,065,108 pounds of food and served approximately 5,600 households, reaching mobile home parks, senior residences, low-income housing, and transitional facilities. This mobile model removes transportation barriers and fosters community connection. Florida dream center's resident advocacy program provides personalized case management services to help clients navigate complex systems and overcome barriers to self-sufficiency. During the six- month period ended june 30, 2025, the program delivered approximately 606 case management services, including assistance with government applications, housing, health insurance enrollment, budgeting, mental heal th/substance abuse referrals, legal, etc. The program plays a vital role in stabilizing individuals and families through consistent guidance and resource access. The work readiness training program equips individuals with the skills, certifications, and confidence to re-enter the workforce. During the six-month period ended june 30, 2025, approximately 59 clients completed the program, resulting in 37 job placements and 59 earned certifications in fields such as construction, warehouse logistics, and forklift operation. The program emphasizes holistic support for individuals overcoming barriers like poverty, addiction, or justice involvement.

Operating model

Revenue model
Donor-supported. 96% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91%; rating input score 91
  • Program expense ratio: 95.7%; rating input score 96
  • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.9%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 1.4%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: 13.5% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 12.6% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 11.7% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 91% of revenue deployed · 95.7% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $33K · 7 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.