The Dream Center Inc
Nonprofit profile at a glance
- EIN
- 850661561
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Foley, AL, USA
- Phone
- 2515046210
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $156,419
- Expenses
- $74,048
- Assets
- $136,115
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- STEVE BAILEY (BOARD PRESID)
- JEREMY ANDERSON (BOARD MEMBER)
- LYNN CORBETT (BOARD MEMBER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corp. Is to establish for the general public a safe and stable place which seeks to incorporate school services, community partnerships and other community resources to positively impact and eliminate some of the socioeconomic barriers that prevent students and their families from achieving success in academics and in their community. This activity is how we accomplish this.
What it reported doing in 2025
Working with 13 to 18 year olds. Bringing life skills and needed resources to them and their families.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 total spending goes to programs. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 100
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.3%; rating input score 47
- Program expense ratio: 100%; rating input score 100
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: 52.7%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 1.84; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 14.4% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 27.1% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 47.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $74K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- 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 — Financial Efficiency: Mission deployment rate scored 47/100.