2026-09-02T12:00:44-05:00 2025-12-31 561824665 THOMPSON PRICE SCOTT ADAMS & CO 1543 S LEE HWY CLEVELAND TN 37311 990 2025-01-01 263196368 DREAM CENTER OF FORSYTH COUNTY DREA 3367669188 1201 N LIBERTY ST WINSTONSALEM NC 27101 CHRISTOPHER LEAB EXECUTIVE DIRECTOR 3367669188 2026-09-02 1 ALAN W THOMPSON CPA P00855989 4234739300 2026-09-01 2025 DREAM CENTER OF FORSYTH COUNTY CHRISTOPHER LEAB 1201 N LIBERTY ST WINSTONSALEM NC 27101 997456 0 X N/A X 2006 NC PROVIDE ASSISTANCE FOR THOSE IN NEED 10 9 7 60 0 0 826298 986397 204920 10897 0 162 0 0 1031218 997456 0 0 0 0 55041 104214 0 0 44516 478694 558778 533735 662992 497483 334464 1362117 2080396 640000 1847719 722117 232677 NONE 0 0 549763 11059 THE ORGANIZATION CONNECTS INDIVIDUALS/FAMILIES WITH THE RESOURCES THEY NEED SO THEY CAN BUILD TOWARD FUTURE SUCCESS AND PATH TO SELF-SUFFICIENCY. WE BELIEVE BY BREAKING THE CYCLES OF POVERTY, WE CAN BUILD EQUITY FOR FUTURE GENERATIONS. IN 2025, WE MOVED INTO OUR NEW HOME IN DOWNTOWN WINSTON-SALEM, NC. IT IS 35% LARGER THAN OUR PREVIOUS BUILDING. HOUSED IN ONE LOCATION, OUR SEVEN PROGRAMS HELP 30,000+ INDIVIDUALS ANNUALLY REBUILD HOPE, ONE DREAM AT A TIME.EVOLVE WAS ALSO FORMED WHICH IS A 16 WEEK ADULT MENTORING PROGRAM THAT PROVIDES A TRANSFORMATIVE EXPERIENCE. EVOLVE IS A 16-WEEK ADULT MENTORING PROGRAM FOR ANYONE AGES 17-35 THAT PROVIDES A TRANSFORMATIVE EXPERIENCE FOR PARTICIPANTS STRUGGLING TO MAKE ENDS MEET, LIVING IN UNSTABLE AND STRESSFUL SITUATIONS, AND EXPERIENCING POVERTY. 549763 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 7 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NC X THOMPSON PRICE SCOTT ADAMS & CO PA 4234739300 1543 S LEE HIGHWAY CLEVELAND TN 37311 DOSS POTEAT CHAIR 1.00 X X 0 0 0 CHRIS LEAB EX-OFFICIO 1.00 X 11750 0 0 ARTESE ZIGLAR SECRETARY 1.00 X X 0 0 0 BRANDON PIERCE SR TREASURER 1.00 X X 0 0 0 ERIN BROCK DIRECTOR 1.00 X 0 0 0 DERRICK DANIELS DIRECTOR 1.00 X 0 0 0 AISHA FELDER DIRECTOR 1.00 X 0 0 0 SUSAN FRYE DIRECTOR 1.00 X 0 0 0 PRECIOUS HARRIS DIRECTOR 1.00 X 0 0 0 CHRISTA SMITH VICE CHAIR 1.00 X X 0 0 0 11750 0 0 0 0 0 0 VIATOR CONSTRUCTION 1650 IVY AVE WINSTONSALEM NC 27105 CONSTRUCTION 362890 1 986397 986397 SPONSORSHIP 900099 5750 5750 FUNDRAISING 900099 5147 5147 10897 162 162 997456 11059 0 0 X 97483 57190 35368 4925 6731 3971 2423 337 4006 400 3206 400 27955 6989 2795 18171 135110 127004 5404 2702 97010 91189 4851 970 9310 8752 372 186 MAINTENANCE AND REPAIRS 118546 111433 5927 1186 PROGRAM 47411 47411 UTILITIES 19970 18772 799 399 EQUIPMENT AND NAINTENAN 15555 14622 933 83905 62030 6635 15240 662992 549763 68713 44516 110347 160828 1602694 60050 848382 1542644 403388 376924 1362117 2080396 12451 640000 1835268 640000 1847719 X 722117 232677 722117 232677 1362117 2080396 X 334464 -823904 X 0 0 0 X 191267 202955 391620 1031218 996936 2813996 191267 202955 391620 1031218 996936 2813996 2813996 162 162 2814158 0.99990 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1602694 60050 1542644 1542644 NEW CONSTRUCTION 376619 SALES TAX RECEIVABLE 305 376924 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDED A COPY OF ITS FORM 990 TO ITS BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST A COPY OF ITS ARTICLES OF INCORPORATION, BYLAWS AND OTHER GOVERNING DOCUMENTS. THE ORGANIZATION WILL ALSO MAKE AVAILABLE FOR PUBLIC INSPECTION UPON A REQUEST A COPY OF ITS LATEST FINANCIAL STATEMENT WHICH CAN ALSO BE FOUND ON GUIDESTAR.ORG WITH THE FILING OF THE FORM 990 WITH THE IRS. FORM 990, PART IX, LINE 24E EVENTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 11,547. TOTAL EXPENSES 11,547. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 11,233. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,233. PROPERTY TAX: PROGRAM SERVICE EXPENSES 9,964. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,964. MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,790. FUNDRAISING EXPENSES 2,772. TOTAL EXPENSES 8,562. AUTO & TRANSPORTATION: PROGRAM SERVICE EXPENSES 4,782. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,782. CLEANING SUPPLIES: PROGRAM SERVICE EXPENSES 4,192. MANAGEMENT AND GENERAL EXPENSES 178. FUNDRAISING EXPENSES 90. TOTAL EXPENSES 4,460. DONATIONS: PROGRAM SERVICE EXPENSES 4,362. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,362. RENT EXPENSE: PROGRAM SERVICE EXPENSES 4,336. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,336. SUPPLIES: PROGRAM SERVICE EXPENSES 3,433. MANAGEMENT AND GENERAL EXPENSES 73. FUNDRAISING EXPENSES 146. TOTAL EXPENSES 3,652. APPRECIATION: PROGRAM SERVICE EXPENSES 3,539. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,539. INTERNET/WEBSITE: PROGRAM SERVICE EXPENSES 2,971. MANAGEMENT AND GENERAL EXPENSES 63. FUNDRAISING EXPENSES 126. TOTAL EXPENSES 3,160. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 2,878. MANAGEMENT AND GENERAL EXPENSES 184. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,062. SMALL EQUIPMENT: PROGRAM SERVICE EXPENSES 2,938. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,938. TELEPHONE: PROGRAM SERVICE EXPENSES 2,761. MANAGEMENT AND GENERAL EXPENSES 177. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,938. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,737. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 400. TOTAL EXPENSES 2,137. TRAVEL, MEALS, & LODGING - STAFF: PROGRAM SERVICE EXPENSES 1,938. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,938. PRINTING: PROGRAM SERVICE EXPENSES 569. MANAGEMENT AND GENERAL EXPENSES 12. FUNDRAISING EXPENSES 24. TOTAL EXPENSES 605. SECURITY: PROGRAM SERVICE EXPENSES 300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 300. BANK SERVICE CHARGES: PROGRAM SERVICE EXPENSES 20. MANAGEMENT AND GENERAL EXPENSES 141. FUNDRAISING EXPENSES 40. TOTAL EXPENSES 201. POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 77. MANAGEMENT AND GENERAL EXPENSES 17. FUNDRAISING EXPENSES 95. TOTAL EXPENSES 189. FORM 990, PART XI, LINE 9: ADJUSTMENT OF NET FUND BALANCE FOR 24- SEE NOTE O -823,904. 990 FORM SCHEDULE 0 THE DREAM CENTER'S PROGRAMS INCLUDE OUR CARE & SHARE FOOD PANTRY, REDRESS CLOTHING BOUTIQUE, AND OUTREACH ALLIANCE FOR BABIES. WE OFFER RESTORATION THROUGH SUBSTANCE ABUSE AND GROUP MEETINGS THROUGH CELEBRATE RECOVERY AND GRIEF, BEHAVIORAL, FAMILY, AND MARRIAGE COUNSELING THROUGH FAMILY LIFE COUNSELING. WE ALSO WORK WITH HOMELESS FAMILIES THROUGH CONTINUUM OF CARE (COC) PROGRAM IN PARTNERSHIP WITH THE CITY OF WINSTON-SALEM. WE ALSO SUPPORT TWO COHORTS OF CLIENTS ANNUALLY THROUGH EVOLVE, A RESEARCH BASED ANTI-POVERTY WORKSHOP ADULT MENTORING PROGRAM WHICH MEETS FOR 16 WEEKS, OFFERING OVER 50 SUPPORT HOURS PER PERSON. FORM 990, PART XI, LINE 8 THE ORGANIZATION'S NOTE PAYABLE WAS UNDERSTATED BY $823,763 AS OF DECEMBER 31, 2024, AS ONLY A PORTION OF THE OUTSTANDING OBLIGATION HAD BEEN RECORDED IN THE ACCOUNTING RECORDS, WITH NET ASSETS CORRESPONDINGLY OVERSTATED. A PRIOR PERIOD ADJUSTMENT OF ($823,763) IS REPORTED ON PART XI, LINE 8 TO CORRECT BEGINNING NET ASSETS. THE END-OF-YEAR STATEMENTS REFLECT THE CORRECTED LOAN BALANCE AS CONFIRMED WITH THE LENDER. THE CORRECTION DID NOT AFFECT REPORTED REVENUE OR EXPENSES OF ANY PERIOD.