D R E A M Of Restoration Inc is located in Glendale Springs, NC. The organization was established in 1999. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. D R E A M Of Restoration Inc 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, D R E A M Of Restoration Inc generated $49.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $50.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BIBLE CONFERENCES, SACRAMENTS, FUNERALS MOSTLY VIA INTERNET, ZOOM AND SOCIAL MEDIA.1000S BENEFITED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Robertson President | 40 | $6,197 | |
Julie Robertson Vice President | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,622 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,641 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,694 |
| Professional fees and other payments to independent contractors | $20 |
| Occupancy, rent, utilities, and maintenance | $1,684 |
| Printing, publications, postage, and shipping | $221 |
| Other expenses | $13,605 |
| Total expenses | $50,671 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,603 |
| Other assets | $0 |
| Total assets | $14,738 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,738 |