EIN 41-2269686

The Dream Center Foundation

IRS 501(c) type
501(c)(3)
Num. employees
22
Year formed
2008
Most recent tax filings
2022-06-01
Description
The Dream Center Foundation partners with community-centered organizations to provide housing, clothing, food, medical care, training and education to the chronically underserved individuals and communities. It has provided these essential needs to those in need. Contributions are made to The Dream Center and other non-profit organizations that collaborate with it.
Total revenues
$22,711,685
2022
Total expenses
$22,641,177
2022
Total assets
$52,829,201
2022
Num. employees
22
2022

Program areas at The Dream Center Foundation

Contributions are made to The Dream Center and other non profit organizations that collaborate with The Dream Center
Provided housing, clothing, food, medical care, training and education to The chronically underserved individuals and communities.

Grants made by The Dream Center Foundation

GranteeAmount
The Dream Center Foundation$5,461,206

Who funds The Dream Center Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Dream Center Foundation$5,461,206
Kershaw's ChallengeProvide Medical Treatment for Disabled Children.$315,000
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$250,000
...and 18 more grants received totalling $6,528,270

Personnel at The Dream Center Foundation

NameTitleCompensation
Brad ReedChief Operating Officer$0
Edward DuranChief Financial Officer$0
Caroline BarnettFounder / Executive Director$75,529
Jack CareyBoard Secretary / Treasurer and Secretary$0
Tommy BarnettFounder / Chairman$78,306
...and 4 more key personnel

Financials for The Dream Center Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$22,189,191
Program services$0
Investment income and dividends$522,494
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$22,711,685

Form 990s for The Dream Center Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-08-25990View PDF
2021-062022-02-23990View PDF
2020-062021-09-10990View PDF
2019-062020-10-02990View PDF
2018-062019-07-23990View PDF
...and 11 more Form 990s
Data update history
October 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 28, 2023
Updated personnel
Identified 1 new personnel
October 24, 2023
Received grants
Identified 3 new grant, including a grant for $5,461,206 from The Dream Center Foundation
August 19, 2023
Received grants
Identified 10 new grant, including a grant for $4,502,999 from The Dream Center Foundation
May 6, 2023
Received grants
Identified 3 new grant, including a grant for $130,000 from City Help
Nonprofit Types
Grantmaking organizationsHuman service organizationsFamily service centersCharities
Issues
Human services
Characteristics
Fundraising eventsTax deductible donations
General information
Address
2301 Bellevue Ave
Los Angeles, CA 90026
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
dreamcenterfoundation.org/ 
Phone
(213) 273-7061
IRS details
EIN
41-2269686
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P12: Human Services Fund Raising and Fund Distribution
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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