Lubbock Dream Center
- Assets
- $1.5m
- Revenue
- $837.5k
- Investments
- $0.0
- Employees
- 14
- Location
- Lubbock, TX
- Founding
- 02/2012
- Data as of
- 08/2022
- EIN
- 45-3991946
Organization Overview
Lubbock Dream Center is located in Lubbock, TX. The organization was established in 2012. 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 08/2021, Lubbock Dream Center employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lubbock 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 08/2022, Lubbock Dream Center generated $837.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $975.2k during the year ending 08/2022. 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
THE LUBBOCK DREAM CENTER EXISTS TO SEE SOCIAL AND SPIRITUAL TRANSFORMATION COME TO OUR CITY. WE DESIRE TO SEE THE HEARTS AND MINDS OF PEOPLE TRANSFORMED BY THE WORD OF GOD AND BY THE LOVE AND ACCEPTANCE OF THE BODY OF CHRIST. WE TAKE PEOPLE FROM DEPENDENCE TO A PLACE OF RESPONSIBILITY BY MEETING PEOPLE'S BASIC NEEDS AND BUILDING RELATIONSHIPS WITH THEM. THIS OPENS THE DOOR FOR SPIRITUAL NEEDS TO BE MET, WHICH IN TURN BRINGS SOCIAL TRANSFORMATION, RESULTING IN LIFE PATTERN CHANGES, ECONOMIC RISE, AND NEIGHBORHOOD IMPROVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LUBBOCK DREAM CENTER OFFERS A FOOD PANTRY EVERY SATURDAY.
THE LUBBOCK DREAM CENTER PROVIDES BACKPACKS AND SCHOOL SUPPLIES FOR CHILDREN.
THE LUBBOCK DREAM CENTER OFFERS AN AFTER SCHOOL PROGRAM FOR CHILDREN IN THE BEAN AND O.L. SLATON SCHOOLS.
THE LUBBOCK DREAM CENTER OFFERS A FOOD PANTRY EVERY SATURDAY.
THE LUBBOCK DREAM CENTER PROVIDES BACKPACKS AND SCHOOL SUPPLIES FOR CHILDREN.
THE LUBBOCK DREAM CENTER OFFERS AN AFTER SCHOOL PROGRAM FOR CHILDREN IN THE BEAN AND O.L. SLATON SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jantzen Louder Vice President | OfficerTrustee | 4 | $0 |
Paige Allen Secretary/treasurer | OfficerTrustee | 8 | $0 |
Jackie White President | OfficerTrustee | 4 | $0 |
Josh Rameriz Executive Director | Officer | 40 | $0 |
Zephare Rameriz Assistant Director | Officer | 40 | $0 |
Dean Richards Assistant Director | Officer | 40 | $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 | $753,405 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $753,405 |
| Total Program Service Revenue | $84,133 |
| 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 | $837,538 |
| 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. | $199,326 |
| Compensation of current officers, directors, key employees. | $3,987 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $316,230 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,788 |
| Payroll taxes | $20,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,320 |
| Office expenses | $6,298 |
| Information technology | $5,382 |
| Royalties | $0 |
| Occupancy | $57,505 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $332 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,887 |
| Insurance | $5,117 |
| All other expenses | $37,257 |
| Total functional expenses | $975,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,378 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,745 |
| 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 | $1,425,563 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,474,686 |
| Accounts payable and accrued expenses | $30,225 |
| 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 | $30,225 |
| 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 | $1,444,461 |
| Total liabilities and net assets/fund balances | $1,474,686 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lubbock Dream Center has recieved totaling $119,588.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of West Texas Lubbock, TX PURPOSE: GENERAL SUPPORT | $95,405 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,122 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $61 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Social Service Of The South Inc Austin, TX | $61,046,286 | $96,832,412 |
El Centro Del Barrio Inc San Antonio, TX | $91,252,083 | $101,246,096 |
Community Action Project Of Tulsa County Inc Tulsa, OK | $75,774,694 | $60,674,476 |
St Hope Foundation Inc Houston, TX | $24,463,545 | $68,716,621 |
South Plains Community Action Association Inc Levelland, TX | $29,457,762 | $62,394,779 |
Community Action Corporation Of South Texas Alice, TX | $17,286,971 | $61,888,354 |
Catholic Charities Of Dallas Inc Dallas, TX | $38,189,744 | $60,557,267 |
Goodwill Industries Of San Antonio Contract Services San Antonio, TX | $23,203,084 | $40,622,954 |
Texas Pregnancy Care Network Austin, TX | $10,724,863 | $36,961,915 |
West Texas Opportunities Lamesa, TX | $6,432,231 | $36,739,532 |
Catholic Charities Diocese Of Fort Worth Fort Worth, TX | $33,220,571 | $32,415,025 |
Louisiana United Methodist Children And Family Services Inc Ruston, LA | $89,566,145 | $35,567,717 |