Dream Center Of Forsyth County
- Assets
- $98.6k
- Revenue
- $191.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Clemmons, NC
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 26-3196368
Organization Overview
Dream Center Of Forsyth County is located in Clemmons, NC. The organization was established in 2006. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Dream Center Of Forsyth County employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Center Of Forsyth County 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, Dream Center Of Forsyth County generated $191.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $184.1k during the year ending 12/2021. While expenses have increased by 5.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ASSISTANCE FOR THOSE IN NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES A HELPING HAND TO THOSE IN NEED PROVIDING FOOD AND OTHER SUPPORT INCLUDING TRAINING TO HELP PEOPLE REACH THE POINT TO HELP THEMSELVES AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Turner Treasurer | Officer | 1 | $16,340 |
Chris Leab Chair | Officer | 1 | $0 |
Vahid Taheri Vice-Chair | Officer | 1 | $0 |
Taylor Jordan Secretary | Officer | 1 | $0 |
Ryan Blair Director | Trustee | 1 | $0 |
Tessa Pittman 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 | $191,267 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,267 |
| 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 | $191,267 |
| 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. | $16,340 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,082 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,114 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,443 |
| Office expenses | $1,723 |
| Information technology | $1,542 |
| Royalties | $0 |
| Occupancy | $89,362 |
| 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 | $693 |
| Insurance | $3,226 |
| All other expenses | $11,358 |
| Total functional expenses | $184,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,676 |
| 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 | $6,609 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,303 |
| Total assets | $98,588 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $944 |
| Total liabilities | $944 |
| Net assets without donor restrictions | $97,644 |
| 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 | $98,588 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dream Center Of Forsyth County has recieved totaling $514,655.
| Awarding Organization | Amount |
|---|---|
Second Harvest Food Bank Of Northwest North Carolina Inc Winston Salem, NC PURPOSE: FEEDING THE POOR AND | $506,655 |
Edward Charles Foundation Beverly Hills, CA PURPOSE: CHARITABLE GIFT | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bon Secours - St Francis Medical Center Inc Center Inc Richmond, VA | $0 | $100,867,544 |
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |
Wellstar Atlanta Medical Center Inc Marietta, GA | $0 | $67,312,967 |
Halifax Regional Hospital Inc Norfolk, VA | $49,612,708 | $85,918,796 |
Shore Health Services Inc Newport News, VA | $73,414,092 | $98,574,947 |
Roper St Francis Mount Pleasant Hospital Ladson, SC | $153,353,637 | $99,781,378 |
Southside Community Hospital Inc Farmville, VA | $139,378,592 | $111,131,365 |
Randolph Hospital Inc Asheboro, NC | $0 | $81,442,252 |
Medical Park Hospital Llc Winston Salem, NC | $421,344,895 | $99,381,324 |
Nmc Services Inc Springfield, TN | $98,763,260 | $80,174,862 |
Murphy Medical Center Inc Murphy, NC | $53,187,250 | $64,166,797 |
Mcleod Health Clarendon Florence, SC | $34,703,009 | $59,352,245 |