Dream Center Inc
EIN: 384004812 · Nashville, TN · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $248K |
| Net Assets | $46K |
Is Dream Center Inc 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 Inc
Dream Center Inc (EIN: 384004812) is a nonprofit organization based in Nashville, TN, classified under NTEE code O50. The organization reported total revenue of $311K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dream Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dream Center Inc is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $248K |
| Surplus / Deficit | +$6K |
| Total Assets | $53K |
| Total Liabilities | $7K |
| Net Assets | $46K |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 2.5 months |
Financial Health Grade: A
In 2023, Dream Center Inc reported a surplus of $6K with revenue exceeding expenses, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 13.3% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Dream Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | +4.1% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Inc 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 Inc 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.3%.
Frequently Asked Questions about Dream Center Inc
Is Dream Center Inc a legitimate charity?
Dream Center Inc (EIN: 384004812) is a registered tax-exempt nonprofit based in Tennessee. It has 2 years of IRS 990 filings on record. Total revenue: $311K. No red flags identified. Financial health grade: A.
How does Dream Center Inc spend its money?
Dream Center Inc reported $311K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Dream Center Inc tax-deductible?
Dream Center Inc is registered as a tax-exempt nonprofit (EIN: 384004812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dream Center Inc located?
Dream Center Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 384004812. It is classified under NTEE code O50.
How many years of IRS 990 filings does Dream Center Inc have?
Dream Center Inc has 2 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 $311K in total revenue.
Filing History
IRS 990 filing history for Dream Center Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Dream Center Inc's revenue has grown by 6.8%, moving from $237K to $254K. Total assets increased by 11.7% over the same period, from $47K to $53K. Total functional expenses rose by 4.1%, from $238K to $248K. In its most recent filing year (2023), Dream Center Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $7K in liabilities against $53K in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $254K | $248K | $53K | $7K | — | — |
| 2022 | $237K | $238K | $47K | $7K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dream Center Inc:
Data Sources and Methodology
This transparency report for Dream Center Inc 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.