Tulsa Dream Center Inc
Nonprofit profile at a glance
- EIN
- 731610216
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Tulsa, OK, USA
- Phone
- 9184309984
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Centers, Clubs
Reported finances
- Revenue
- $2,082,360
- Expenses
- $2,427,038
- Assets
- $4,858,952
- Liabilities
- $89,054
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- PAUL DAUGHERTY (PRESIDENT &)
Highest reported compensation
- TIM NEWTON (EXECUTIVE DI): $99,114 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Outreach to families in need
What it reported doing in 2024
To reach families in a depressed community with a message of hope and restoration and to bring economic development by implementing programs that will help develop other life skills. During the fiscal year ended june 30, 2025, tulsa dream center ("tdc") had the following program accomplishments: provided 1,314,463 meals, tutored 650 students through the tdc "literacy is for everyone" life program, 92% of life program students ended the program reading at or above their grade level, 1,438 students received swimming lessons through the tdc aquatics program, 5,708 students were kept off the streets through the tdc sports open gym program, 1,222 students were mentored through the various tdc sports programs, 1,100 individuals, ages 15-25, experiencing a housing crisis were reached with housing assistance through the "safe and secure" program, 2,837 individuals were served with free clothing through tdc's clothing room and 8,779 attendees were served at the spring and fall carnival events for children, youth and adults. Additionally the 13th annual tdc toy run was held, which helped provide toys for children - 2,408 families with 7,719 children received 30,864 toys at the annual christmas event. A total of 6,819 volunteers served tdc's north and west locations during the fiscal year.
Operating model
- Revenue model
- Donor-supported. 99% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.1%; rating input score 76
- Program expense ratio: 65.2%; rating input score 65
- Fundraising efficiency: $103.27 raised per $1 spent on fundraising; rating input score 87; 87th 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 11th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -16.6%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 2; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 1.9%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: 8.9% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 11.9% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 76.1% of revenue deployed · 65.2% of spending went to programs
- Governance: 6 of 9 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $99K · 10 people listed
- Highest-paid contractors: 2 contractors listed · $217K reported
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 11 filing years from 2013 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 — Sustainability: Operating margin scored 8/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.