Dream Center Inc
- Assets
- $47.0k
- Revenue
- $237.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Nashville, TN
- Founding
- Data as of
- 12/2022
- EIN
- 38-4004812
Organization Overview
Dream Center Inc, operating under the name Teen Dream Center Inc, is located in Nashville, TN. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Teen Dream Center Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teen Dream Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES AN OUTREACH MINISTRY WITH VARIOUS PROGRAMS FOR YOUNG ADULTS TO GROW IN THEIR FAITH AND TO DEVELOP PERSONAL SKILLS IN NASHVILLE, TN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTORSHIP DISCIPLESHIP THE ORGANIZATION PAIRS STUDENTS WITH INIDIVIDUAL MENTORS TO ACT AS POSITIVE SUPPORTS AND HELP THEM WORK TOWARDS THEIR GOALS. THE STUDENTS WILL ALSO RECEIVE SPIRITUAL GUIDANCE AND TEACHING THROUGH DISCIPLESHIP TO HELP THEM NAVIGATE THE WORLD AND THEIR FUTURE.
JOB TRAINING PURPOSE THE ORGANIZATION PROVIDES OPPORTUNITIES TO LEARN REAL WORLD JOB SKILLS, TRAINING AND PERSONAL DEVELOPMENT. SUCH JOB TRAINING INCLUDES THE COFFEE PROGRAM WHERE STUDENTS ARE PROVIDED EMPLOYEMENT OPPORTUNITIES TO PROCESS, FULFILL AND PACKAGE COFFEE ORDERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ketric Newell President / Executive Director | OfficerTrustee | 40 | $44,892 |
Alexandria Carroll Secretary | OfficerTrustee | 40 | $40,000 |
Laura Edwards Treasurer | OfficerTrustee | 2 | $825 |
Justin Johnson Director | Trustee | 1 | $0 |
Zach Schroeder Director | Trustee | 1 | $0 |
Andy King Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $208,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,894 |
| Total Program Service Revenue | $28,581 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,825 |
| Compensation of current officers, directors, key employees. | $42,325 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $461 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,261 |
| Payroll taxes | $3,095 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,796 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,377 |
| Office expenses | $9,758 |
| Information technology | $469 |
| Royalties | $0 |
| Occupancy | $146 |
| Travel | $475 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,766 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,824 |
| All other expenses | $0 |
| Total functional expenses | $238,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,951 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,096 |
| Total assets | $47,047 |
| Accounts payable and accrued expenses | $45 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,208 |
| Total liabilities | $7,253 |
| Net assets without donor restrictions | $39,794 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $47,047 |