SHOALS DREAM CENTER INC

SHOALS DREAM CENTER INC

Florence, AL, US
501(c)3
EIN
85-4344924

SHOALS DREAM CENTER INC

Florence, AL, US
501(c)3
EIN
85-4344924

Overview

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Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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SHOALS DREAM CENTER INC is a nonprofit organization dedicated to community improvement in Northwest Alabama, particularly in Lauderdale and Colbert Counties. With an operating budget of $1 million and total revenue of $955.1K for the 2024 filing year, the organization focuses on charitable activities such as community development, job skills training, social rehabilitation, and educational support to alleviate poverty. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base.

Mission Statement

TO FOSTER, DEVELOP AND PROMOTE CHARITABLE PURPOSES AND ACTIVITIES, INCLUDING, BUT NOT LIMITED TO, COMMUNITY DEVELOPMENT, JOB SKILLS TRAINING, SOCIAL REHABILITIATION, EDUCATIONAL DEVELOPMENT, TUTORING, MENTORING, PROVISION OF FOOD AND CLOTHING, AND OTHER ACTIVITIES DESIGNED TO ALLEVIATE CONDITIONS OF POVERTY, FOR RESIDENTS OF NORTHWEST ALABAMA, PARTICULARLY, RESIDENTS OF LAUDERDALE AND COLBERT COUNTIES.
Revenues

$955.1K

Expenses

$1M

Net Income:
-$62.4K
Assets

$278.2K

Liabilities

$14.5K

Net Assets:
+$263.8K
Operating Budget

$1M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$8K
Largest grant received
$37.5K
R
Robert Gourley
Board Member
J
Jimmy Hayes
Board Member
A
Ashley Cook
Board Member

Frequently Asked Questions

What is SHOALS DREAM CENTER INC’s budget?
In 2024, SHOALS DREAM CENTER INC reported an annual operating budget of around $1 million. More detailed financial information is available to registered users.
What causes does SHOALS DREAM CENTER INC support?
SHOALS DREAM CENTER INC supports work in Community improvement.
Where does SHOALS DREAM CENTER INC operate?
SHOALS DREAM CENTER INC is headquartered in Florence, AL.
Who funded SHOALS DREAM CENTER INC recently?
In 2025, SHOALS DREAM CENTER INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, THE JOEL R ANDERSON FAMILY FOUNDATION, and NORTHWEST ALABAMA RESOURCE CONSERVATION & DEVELOPEMENT COUNCIL. More information on this organization’s funders is available to registered users.
What is the largest grant SHOALS DREAM CENTER INC received in 2024?
The largest grant to SHOALS DREAM CENTER INC in 2024 exceeds $38 thousand.
What is SHOALS DREAM CENTER INC’s reliance on government grants?
SHOALS DREAM CENTER INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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