Dream Center Bismarck
EIN: 850943567 · Bismarck, ND · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.8M |
| Net Assets | $752K |
Is Dream Center Bismarck Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dream Center Bismarck
Dream Center Bismarck (EIN: 850943567) is a nonprofit organization based in Bismarck, ND, classified under NTEE code P20. The organization reported total revenue of $3.2M and total assets of $882K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dream Center Bismarck's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dream Center Bismarck is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 43.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$138K |
| Total Assets | $757K |
| Total Liabilities | $5K |
| Net Assets | $752K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Dream Center Bismarck reported a surplus of $138K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Dream Center Bismarck's revenue has grown at a compound annual growth rate (CAGR) of 43.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.2% | +75.4% | +173.6% |
| 2022 | -19.5% | -24.8% | +179.1% |
| 2021 | +120.0% | +121.4% | +187.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dream Center Bismarck has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dream Center Bismarck with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Dream Center Bismarck
Is Dream Center Bismarck a legitimate charity?
Based on AI analysis of IRS 990 filings, Dream Center Bismarck (EIN: 850943567) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dream Center Bismarck spend its money?
Detailed spending breakdown data is not yet available for Dream Center Bismarck. Check back for updated IRS 990 analysis.
Are donations to Dream Center Bismarck tax-deductible?
Dream Center Bismarck is registered as a tax-exempt nonprofit (EIN: 850943567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dream Center Bismarck located?
Dream Center Bismarck is headquartered in Bismarck, North Dakota and files with the IRS under EIN 850943567. It is classified under NTEE code P20.
How many years of IRS 990 filings does Dream Center Bismarck have?
Dream Center Bismarck has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3.2M in total revenue.
Filing History
IRS 990 filing history for Dream Center Bismarck showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Dream Center Bismarck's revenue has grown by 196%, moving from $977K to $2.9M. Total assets increased by 2093.5% over the same period, from $35K to $757K. Total functional expenses rose by 192.2%, from $943K to $2.8M. In its most recent filing year (2023), Dream Center Bismarck reported a surplus of $138K, with revenue exceeding expenses. The organization holds $5K in liabilities against $757K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $752K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.8M | $757K | $5K | — | — |
| 2022 | $1.7M | $1.6M | $277K | $21K | — | View 990 |
| 2021 | $2.1M | $2.1M | $99K | $3K | — | View 990 |
| 2020 | $977K | $943K | $35K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.8M, and assets of $757K (revenue +67.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $277K (revenue -19.5% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.1M, and assets of $99K (revenue +120.0% year-over-year).
- 2020: Revenue of $977K, expenses of $943K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dream Center Bismarck:
Data Sources and Methodology
This transparency report for Dream Center Bismarck is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.