Dream Center Of Jackson
- Assets
- $5.7m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Jackson, TN
- Founding
- 08/2007
- Data as of
- 06/2022
- EIN
- 20-2807836
Organization Overview
Dream Center Of Jackson is located in Jackson, TN. The organization was established in 2007. 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 06/2022, Dream Center Of Jackson employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Center Of Jackson 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 06/2022, Dream Center Of Jackson generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 49.2% each year . All expenses for the organization totaled $440.4k during the year ending 06/2022. While expenses have increased by 8.9% per year over the past 7 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
MULTIFACETED FAITH BASED FREE SERVICE TO OVERCOME CHRONIC HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PREPARE WOMEN AND THEIR CHILDREN TO BECOME FINANCIALLY STRONG, EMOTIONALLY BALANCED, AND SELF EFFICIENT THROUGH FREE SHELTER, RECOVERY CLASSES, AND ASSISTING IN FINDING THEM GAINFUL EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Gustafson Executive Di | Officer | 40 | $63,050 |
Melanie Luckey President | OfficerTrustee | 1 | $0 |
Tim Gaffney Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Weems Vice Preside | OfficerTrustee | 1 | $0 |
Amy Matthis Secretary | OfficerTrustee | 1 | $0 |
Ryan Blake Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $100,069 |
| Membership dues | $0 |
| Fundraising events | $445,936 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,563,051 |
| Noncash contributions included in lines 1a–1f | $53,630 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,109,056 |
| Total Program Service Revenue | $0 |
| Investment income | $7,562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,976 |
| Net Income from Fundraising Events | $96,477 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,234,071 |
| 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. | $62,425 |
| Compensation of current officers, directors, key employees. | $1,873 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,320 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,448 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,778 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7 |
| Advertising and promotion | $421 |
| Office expenses | $14,120 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,196 |
| Travel | $0 |
| 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 | $5,155 |
| Insurance | $41,800 |
| All other expenses | $14,894 |
| Total functional expenses | $440,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,186,116 |
| Pledges and grants receivable | $3,347,046 |
| 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 | $158,916 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,692,078 |
| Accounts payable and accrued expenses | $16,278 |
| 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 | $16,278 |
| Net assets without donor restrictions | $1,396,663 |
| Net assets with donor restrictions | $4,279,137 |
| 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 | $5,692,078 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dream Center Of Jackson has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Charles And Debby Campbell Family Foundation Jackson, TN PURPOSE: CAPITAL CAMPAIGN | $100,000 |
Endowment Analysis
| Beg. Balance | $1,195,201 |
| Net Contributions | $3,352,907 |
| Other Expense | $268,971 |
| Ending Balance | $4,279,137 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Ozarks Area Community Action Corporation Springfield, MO | $15,052,637 | $33,091,507 |
Blue Grass Community Action Partnership Inc Frankfort, KY | $7,918,674 | $28,900,392 |
Mid-Cumberland Human Resource Agency Nashville, TN | $16,634,342 | $31,822,877 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |