NM Dream Center
Legal name: New Mexico Dream Center of Albuquerque
Nonprofit profile at a glance
- EIN
- 812479184
- IRS 990 coverage
- 2019–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- Albuquerque, NM, United States
- Phone
- (505) 900-3833
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,549,252
- Expenses
- $1,686,209
- Assets
- $638,544
- Liabilities
- $152,884
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MICHELLE CORTEZ (PRESIDENT)
Highest reported compensation
- SHELLEY REPP (EXECUTIVE DI): $109,207 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Group of people holding hands in a circle. The mission of NMDC is to provide a 360° strategic approach to address human trafficking in New Mexico through prevention activities, outreach to victims, services for survivors, and a support system for clients in their self-determination. Rob Thomas was awakened several nights in a row with a recurring dream about starting an outreach ministry to the poorest and most vulnerable people in Albuquerque. He started the nonprofit, New Mexico Dream Center in 2016 and began to build financial support for his mission. Rob and Shelley had connected several times about their like organizations and Shelley had shared her heart about the connections she had discovered between unhoused youth and sex trafficking. She was driven to find a way to create a low-barrier resource for these vulnerable teens to help them not fall so easily into the trap of sex...
What it reported doing in 2024
The New Mexico dream center provides compassionate services to the underserved and marginalized people of albuquerque. This population includes youth experiencing homelessness, survivors of sex trafficking, trafficked minor children and trafficked immigrants.
Operating model
- Revenue model
- Grant-funded. 72% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 84% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.7%; rating input score 84
- Program expense ratio: 80.7%; rating input score 81
- Fundraising efficiency: $412.87 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
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: 100%; rating input score 100; 76th percentile among comparable filings
- 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: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.8%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: 35.6% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 33.8% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 41.1% per year; rating input score 100; 95th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 83.7% of revenue deployed · 80.7% of spending went to programs
- Governance: 4 of 4 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $109K · 5 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.