Totals
- Total revenue
- $776,703
- Total expenses
- $795,381
- Contributions and grants received
- $764,041
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $12,662
- Total assets, end of year
- $126,341
- Total liabilities, end of year
- $8,425
- Net assets or fund balances, end of year
- $117,916
- Program services expenses (Part IX)
- $795,381
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $795,381
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$17,457
-
1f · All other contributions, gifts and grants
$746,584
-
1g · Noncash contributions included above
$0
-
6a · Gross rents
real property $12,662 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $12,662 · personal property $0
-
6d · Net rental income or loss
total $12,662 · related or exempt $12,662 · unrelated business $0 · excluded $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $335,456 · program services $335,456
-
12 · Advertising and promotion
total $10,270 · program services $10,270
-
13 · Office expenses
total $15,799 · program services $15,799
-
16 · Occupancy
total $95,685 · program services $95,685
-
17 · Travel
total $2,301 · program services $2,301
-
20 · Interest
total $959 · program services $959
-
22 · Depreciation, depletion and amortization
total $13,625 · program services $13,625
-
24a · Other expenses: Food Distribution & Outreach Expenses
total $240,000 · program services $240,000 · management and general $0 · fundraising $0
-
24b · Other expenses: Facility maintenance and utilities
total $56,884 · program services $56,884 · management and general $0 · fundraising $0
-
24e · All other expenses
total $24,402 · program services $24,402
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $99,516 · end of year $36,258
-
10a · Land, buildings and equipment: cost or other basis
$115,249
-
10b · Land, buildings and equipment: accumulated depreciation
$25,166
-
10c · Land, buildings and equipment, net
beginning of year $45,549 · end of year $90,083
-
17 · Accounts payable and accrued expenses
beginning of year $8,471 · end of year $8,425
-
27 · Net assets without donor restrictions
beginning of year $136,594 · end of year $117,916
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
The Dream Center is a hub of activity for our community. Our dream is to create a sense of belonging within our community so that we can inspire, develop, train, and advocate for children, students, and families in Alamance County.
-
Community programs offered have included celebrating together with our diverse Latinx community in a fun and safe environment; gatherings for the whole family, including meals, activities, and fun for all ages; and huge giveaways of clothing, furniture, food, and more for all members of our community.
Expenses $644,259 · Grants $232,059
-
Arts and education programs have included classes to help individuals prepare for the US Citizenship test; ESL program to help adults whose first language is not English to improve their English speaking, reading, and writing skills; and computer classes that teach basic computer concepts, uses of hardware, applications and programs under different operating systems.
Expenses $151,122 · Grants $54,434
As filed on the 2023 return.
Listed in Part VII
-
Richard Fennelle
Director
- Total calculated
- $0
- Hours/week
- 2
-
Bernard Holmes
Director
- Total calculated
- $0
- Hours/week
- 1
-
Matrice Williams
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Moore
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dulce Castillo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Armando Garcia Camacho
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tomas Jimenez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Julian Osario
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ronnie Enoch
Director
- Total calculated
- $0
- Hours/week
- 1
-
Maria Hernandez
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Lisa Edwards
President
- Total calculated
- $0
- Hours/week
- 24
-
Olu Atanda-Ogunleye
Treasurer
- Total calculated
- $0
- Hours/week
- 4
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 March 2024
- IRS schema version
- 2023v4.0
- Source object
- 202400589349300900
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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