Dream Center Bismarck
- Assets
- $276.8k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Bismarck, ND
- Founding
- Data as of
- 12/2022
- EIN
- 85-0943567
Organization Overview
Dream Center Bismarck is located in Bismarck, ND. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Dream Center Bismarck employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Center Bismarck 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 12/2022, Dream Center Bismarck generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 18.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEAL MINISTRY AND FREE SERVICES TO ASSIST THE LOW INCOME AND MARGINALIZED OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DREAM CENTER BISMARCK IS A FAITH-BASED CHARITABLE ORGANIZATION THAT FINDS AND FILLS THE NEEDS OF STRUGGLING PEOPLE. THE DREAM CENTER AIMS TO WORK WITH OTHERS TO SATISFY IMMEDIATE NEEDS SUCH AS PROVIDING MEALS BUT WILL ALSO FOCUS ON THE SUCCESSFUL TRANSFORMATION OF PEOPLE'S LIVES, ALL FREE OF CHARGE. OUR ADOPT-A-BLOCK FEEDING PROGRAM IS CURRENTLY DELIVERING GROCERIES TO NEIGHBORHOODS IN THE COMMUNITY THREE EVENINGS EACH WEEK, AND AVAILABLE FOR ON-SITE PICKUPS THREE ADDITIONAL EVENINGS. THE GROCERIES ARE BEING DONATED FROM OTHER FOOD DISTRIBUTION PROGRAMS IN THE STATE OF NORTH DAKOTA, FROM LOCAL GROCERY STORES, AND BAKERIES. A SMALLER PORTION IS ALSO PURCHASED. THE GROCERIES ARE THEN DISTRIBUTED TO FAMILIES IN THE COMMUNITY ON-SITE AND AT THREE ADDITIONAL LOCATIONS IN THE COMMUNITY. THE ADOPT-A-BLOCK PROGRAM IS CURRENTLY RUN BY ALL VOLUNTEERS AND BOARD MEMBERS.CONSTRUCTION ON THE NEW BUILDING WAS COMPLETED IN APRIL OF 2022. BEGINNING IN JUNE OF 2022 WE BEGAN OFFERING GREAT START BREAKFASTS, A SACK LUNCH PROGRAM, AND A SPACE FOR COMMUNITY PARTNERS TO PROVIDE FREE PERSONAL SERVICES TO THOSE IN NEED. ADDITIONALLY, FREE COMMUNITY OUTREACH EVENTS AND ACTIVITIES CELEBRATING HOLIDAYS AND OTHER SPECIAL EVENTS ARE OFFERED.THE DREAM CENTER BISMARCK PLANS TO CONTINUE TO EXPAND INTO OTHER PROGRAMMING INTO OTHER AREAS OF NEED FOR COMMUNITY MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Barnhardt President/treasurer | OfficerTrustee | 80 | $0 |
Cindy Barnhardt Vice President/secretary | OfficerTrustee | 15 | $0 |
Jodi Link Director | Trustee | 0.5 | $0 |
Sam Hapip Director (thru Oct) | Trustee | 0.3 | $0 |
Ken Hedge Director (began Oct) | Trustee | 3 | $0 |
Marcella Hasche Director (began Oct) | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,689,275 |
| Noncash contributions included in lines 1a–1f | $1,275,629 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,729,275 |
| Total Program Service Revenue | $1,424 |
| 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 | -$453 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,730,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,259,111 |
| 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 | $47,599 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,426 |
| Payroll taxes | $3,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,647 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,216 |
| Advertising and promotion | $49,564 |
| Office expenses | $37,567 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $77,654 |
| Travel | $5,943 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,127 |
| Insurance | $1,785 |
| All other expenses | $12,499 |
| Total functional expenses | $1,570,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $142,013 |
| 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 | $94,812 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,000 |
| Total assets | $276,825 |
| Accounts payable and accrued expenses | $20,569 |
| 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 | $0 |
| Total liabilities | $20,569 |
| Net assets without donor restrictions | $256,256 |
| 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 | $276,825 |