Dallas Metro Inc
- Assets
- $1.0m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 14
- Location
- Dallas, TX
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 20-4381629
Organization Overview
Dallas Metro Inc, operating under the name Dallas Dream Center, is located in Dallas, TX. The organization was established in 2008. 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, Dallas Dream Center employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Dream Center 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, Dallas Dream Center generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $908.9k during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 8 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.
Since 2014, Dallas Dream Center has awarded 13 individual grants totaling $159,192. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DALLAS METRO, INC. STRIVES TO RESTORE DREAMS, RENEW HOPE AND REBUILD LIVES IN INNER CITY DALLAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DALLAS METRO, INC. CONDUCTS A DAILY METRO KIDZ PROGRAM SERVING 13 NEIGHBORHOODS ACROSS DALLAS. THROUGH FAITH-BASED ACTIVITIES, THE ORGANIZATION REACHES AT-RISK CHILDREN AND PROVIDES SOCIAL, EMOTIONAL, AND RELATIONAL SUPPORT. BEYOND DAILY ACTIVITIES, METRO KIDZ IS UNIQUELY POSITIONED IN NEIGHBORHOODS TO PROVIDE FOR PHYSICAL NEEDS, SUCH AS FOOD AND CLOTHING. METRO KIDZ HAS IMPACTED THOUSANDS OF LIVES SINCE ITS INCEPTION IN 1993. 350 FAMILIES RECEIVED FOOD AS A RESULT OF THIS PROGRAM IN 2022. DALLAS METRO YOUTH (DMY), IS THE TEENAGE COUNTERPART OF METRO KIDZ. THE TEENAGERS WHO PARTICIPATE ARE PROVIDED WITH A WEEKLY GATHERING, DINNER, AND OPPORTUNITIES TO VOLUNTEER WITH THE ORGANIZATION. DMY IS A FAITH BASED INITIATIVE WHICH HELPS AT-RISK ADOLESCENTS FIND POSITIVE FRIENDSHIPS AND MEANING IN LIFE.
DURING THE HOLIDAYS, DALLAS METRO, INC. PROVIDES STOCKINGS AND TOYS FOR INNER-CITY CHILDREN. THIS IS THE ONLY CHRISTMAS MANY OF THESE FAMILIES AND CHILDREN RECEIVE. 385 FAMILIES RECEIVED CHRISTMAS PRESENTS AND 1824 STOCKINGS WERE PROVIDED TO KIDS IN 2022.
THROUGHOUT THE YEAR, DALLAS METRO, INC. HAS A CONSTANT PRESENCE IN THE INNER-CITY DALLAS COMMUNITIES AND IS ABLE TO PROVIDE FOOD, HOUSEHOLD ITEMS, AND OTHER BASIC NECESSITIES TO RESIDENTS OF THIS AREA AS NEEDED AND STRIVES TO BUILD RELATIONSHIPS WITH THEM IN ORDER TO HELP THEM WORK TOWARD FULFILLING THEIR DREAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
I Clay Wallace Director/exe | OfficerTrustee | 40 | $59,425 |
Ryan Cannon Director | Trustee | 1 | $0 |
Christopher Kracht Director/sec | OfficerTrustee | 1 | $0 |
Steve Roemerman Director | Trustee | 1 | $0 |
Ebony Smith Director/cha | OfficerTrustee | 1 | $0 |
John Watts Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $74,167 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $936,471 |
| Noncash contributions included in lines 1a–1f | $342,193 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,010,638 |
| Total Program Service Revenue | $0 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,770 |
| Net Income from Fundraising Events | -$1,374 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,021,057 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,960 |
| Grants and other assistance to domestic individuals. | $179,325 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,425 |
| Compensation of current officers, directors, key employees. | $24,560 |
| Compensation to disqualified persons | $38,678 |
| Other salaries and wages | $238,851 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,509 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,705 |
| Fees for services: Accounting | $3,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,612 |
| Office expenses | $17,271 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $115,717 |
| Travel | $52,036 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,669 |
| Interest | $569 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,366 |
| Insurance | $1,484 |
| All other expenses | $70,577 |
| Total functional expenses | $908,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,884 |
| Savings and temporary cash investments | $254,585 |
| 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 | $1,500 |
| Net Land, buildings, and equipment | $617,728 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $159,854 |
| Total assets | $1,036,551 |
| Accounts payable and accrued expenses | $12,660 |
| 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 | $12,660 |
| Net assets without donor restrictions | $0 |
| 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 | $1,023,891 |
| Total liabilities and net assets/fund balances | $1,036,551 |
Grants Awarded
Over the last fiscal year, Dallas Metro Inc has awarded $17,080 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PAUL AND ANITA KERR MINISTRIESDBA URBAN OUTREACH DEVELOPMENT PURPOSE: GENERAL SUPPORT | $12,000 |
DALLAS METRO FAMILY FELLOWSHIP PURPOSE: BENEVOLENCE SUPPORT | $5,080 |