Valley Dream Center Inc
- Assets
- $651.2k
- Revenue
- $294.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Fresno, CA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-5082395
Organization Overview
Valley Dream Center Inc is located in Fresno, CA. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Valley Dream Center Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley 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.
For the year ending 12/2021, Valley Dream Center Inc generated $294.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $295.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO END GENERATIONAL POVERTY BY PROVIDING SERVICES AND COORDINATING SERVICES WITH OTHER CHARITIES TO RESCUE, RESTORE AND ULTIMATELY RELEASE PEOPLE TO BECOME SELF SUFFICIENT AND LEAD SUCCESSFUL LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POVIDE A COORDINATED, COMPREHENSIVE RESPONSE, WORKING WITH OTHER NON PROFITS, TO FIGHT AND BREAK THE CYCLE OF GENERATIONAL POVERTY. RESCUE AND PROVIDE SHELTER, FOOD, AND GANG RECOVERY. RESTORE ADDICTION RECOVERY PROGRAMS, FINANCIAL EDUCATION, AND GANG PREVENTION. RELEASE - GED PROGRAMS, VOCATIONAL COUNSELING, AND ON THE JOB TRAINING. DURING 2021, NUMEROUS VOLUNTEERS DONATED 11,467 HOURS TO PROVIDE SERVICES TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rene Charest President | OfficerTrustee | 20 | $0 |
Marty Gray Vice President | OfficerTrustee | 10 | $0 |
Steve Barserian Secretary | OfficerTrustee | 5 | $0 |
Gregory Dermon Board Of Directors | Trustee | 5 | $0 |
Jorge Pimentel Board Of Directors | Trustee | 5 | $0 |
Jon R Sales Board Of Director | Trustee | 0 | $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 | $294,053 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,053 |
| Total Program Service Revenue | $0 |
| 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 | $294,053 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,354 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,072 |
| Office expenses | $1,948 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,238 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,589 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,294 |
| Insurance | $11,542 |
| All other expenses | $0 |
| Total functional expenses | $295,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,840 |
| 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 | $598,405 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $651,245 |
| Accounts payable and accrued expenses | $0 |
| 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 | $105,122 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $105,122 |
| Net assets without donor restrictions | $546,123 |
| 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 | $651,245 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Valley Dream Center Inc has recieved totaling $17,078.
| Awarding Organization | Amount |
|---|---|
Sieg And Doris Fischer Family Foundation Fresno, CA PURPOSE: GENERAL OPERATING | $10,000 |
Daniel R Martin Family Foundation Inc Fresno, CA PURPOSE: GENERAL | $5,000 |
Briscoe Family Foundation Fresno, CA PURPOSE: SUPPORT THE OPERATIONS AND NEEDS OF THE ORGANIZATION, RESTORING INDIVIDUALS AND FAMILIES TO HEALTH. | $1,000 |
Hope Share Care Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alameda County Tobacco Asset Securitization Corporation Oakland, CA | $19,768,611 | $18,590,063 |
Gold Country Settlement Funding Corp Auburn, CA | $6,031,758 | $3,475,839 |
Inland Empire Tobaccosecuritization Corporation Riverside, CA | $259,604,903 | $12,773,889 |
Mental Health For Children Inc Springfield, OR | $5,065,120 | $7,331,896 |
Changelab Solutions Oakland, CA | $15,746,986 | $13,606,627 |
Spur-San Francisco Bay Are Planning And Urban Research Association San Francisco, CA | $18,179,408 | $7,467,044 |
East Bay Innovation Academy Oakland, CA | $2,595,879 | $8,649,182 |
Equality California Institute Los Angeles, CA | $3,410,779 | $5,992,471 |
Palo Alto Public Improvement Corporation Palo Alto, CA | $158,763,344 | $1,679,598 |
Vermont Village Human Services Corporation Los Angeles, CA | $28,001,792 | $4,364,948 |
Folded Flag Foundation Inc Las Vegas, NV | $11,013,213 | $5,308,956 |
Greater Reno Community Ice Skating Association Reno, NV | $10,174,749 | $2,449,166 |