Nonprofit · EIN 38-4004812
DREAM CENTER INC
Tax-exempt · NASHVILLE, TN 37209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $310,600 | $280,159 | $30,441 | $114,576 | $8,545 | $106,031 |
| December 31, 2023 | 990 | $253,714 | $247,918 | $5,796 | $52,567 | $6,977 | $45,590 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $262,809
- Program service revenue
- $47,791
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $134,104
- Other salaries and wages
- $1,448
- Salaries, compensation and benefits (total)
- $153,335
- Professional fundraising fees
- $0
- Accounting fees
- $2,843
- Occupancy
- $30,000
- Travel
- $558
- Program services (functional)
- $160,019
- Management and general (functional)
- $71,206
- Fundraising (functional)
- $48,934
Balance sheet and other
- Total assets, start of year
- $52,567
- Total assets, end of year
- $114,576
- Total liabilities, end of year
- $8,545
- Net assets, end of year
- $106,031
- Land, buildings and equipment
- $18,500
- Net assets without donor restrictions
- $106,031
- Gross receipts
- $310,600
- Employees
- 5
- Volunteers
- 25
- Year formed
- 2021
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ketric Newell | President / Executive Director Trustee or director, Officer | 40 | $43,620 | $42,655 |
| Alexandria Rector | Director Trustee or director | 40 | $53,765 | $3,348 |
| Laura Edwards | Treasurer Trustee or director, Officer | 2 | $4,275 | $0 |
| Anna Young | Director Trustee or director | 1 | $0 | $0 |
| Morgan McDonald | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Chase Brown | Director Trustee or director | 1 | $0 | $0 |
| Will Parker | Director Trustee or director | 1 | $0 | $0 |
| Chris Swann | Director Trustee or director | 1 | $0 | $0 |
| Katy Boatman | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ketric Newell | President / Executive Director Trustee or director, Officer | 40 | $32,444 | $51,246 |
| Alexandria Carroll | Director Trustee or director | 40 | $52,200 | $3,246 |
| Laura Edwards | Treasurer Trustee or director, Officer | 1 | $1,400 | $0 |
| Anna Young | Director Trustee or director | 1 | $0 | $0 |
| Ali Coleman | Director Trustee or director | 1 | $0 | $0 |
| Molly Tarr | Director Trustee or director | 1 | $0 | $0 |
| Morgan McDonald | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Chase Brown | Director Trustee or director | 1 | $0 | $0 |
| Will Parker | Director Trustee or director | 1 | $0 | $0 |
| Chris Swann | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 703 45TH AVE N, NASHVILLE, TN 37209-2343
- Mailing address (990-N for 2021)
- PO Box 90839, Nashville TN 37209
- Principal officer (990 for 2024)
- Ketric Newell, 703 45th Avenue North, Nashville, TN 37209
- Principal officer (990-N for 2021)
- Ketric Newell, 703 45th Avenue N, Nashville TN 37209
- Signed the 990
- Laura Edwards, Treasurer
- Phone
- (615) 393-9610
- Return prepared by
- Foundation Group Inc
Mission
The organization provides an outreach ministry with various programs for students and young adults to grow in their faith and to develop personal skills in Nashville, TN.
Program accomplishments
- Mentorship Discipleship The organization pairs students with inidividual mentors to act as positive supports and help them work towards their goals. The students will also receive spiritual guidance and teaching through discipleship to help them navigate the world and their future.Expenses $100,375
- Job Training Purpose The organization provides opportunities to learn real world job skills, training and personal development. Such job training includes the coffee program where students are provided employement opportunities to process, fulfill and package coffee orders.Expenses $59,644 · revenue $47,778
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-4004812
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $114,576
- Income (IRS master file)
- $310,600
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $310,600 | $280,159 | $114,576 | XML |
| 990 | December 2023 | $253,714 | $247,918 | $52,567 | XML |
| 990 | December 2022 | $237,475 | $238,148 | $47,047 | IRS |
| 990-N for 2021 Officer: Ketric Newell | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-4004812).
Questions about DREAM CENTER INC
- What is the EIN of DREAM CENTER INC?
- The employer identification number (EIN) of DREAM CENTER INC is 38-4004812.
- Is DREAM CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to DREAM CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAM CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DREAM CENTER INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DREAM CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DREAM CENTER INC?
- The 990 for the year ended December 31, 2024 names Ketric Newell.
- Who are the officers and directors of DREAM CENTER INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $43,620 (Ketric Newell, President / Executive Director).
- How much revenue does DREAM CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $310,600, expenses of $280,159 and total assets of $114,576 at year end.
Other nonprofits in NASHVILLE
- BOY SCOUTS OF AMERICA EIN 62-0477729 · last filed 990 for 2025
- GIRL SCOUTS OF MIDDLE TENNESSEE INC EIN 62-0589380 · last filed 990 for 2024
- BOYS AND GIRLS CLUB OF MIDDLE TENNESSEE INC EIN 62-0540402 · last filed 990 for 2024
- BIG BROTHERS & BIG SISTERS OF MIDDLE TENNESSEE EIN 23-7056024 · last filed 990 for 2025
- BAREFOOT REPUBLIC INC EIN 62-1841336 · last filed 990 for 2025
- ROCKETOWN OF MIDDLE TENNESSEE EIN 62-1571573 · last filed 990 for 2025
- MOVES AND GROOVES INC EIN 68-0516440 · last filed 990 for 2025
- YOUTH ENCOURAGEMENT SERVICES INC EIN 62-0570681 · last filed 990 for 2024