FLORIDA DREAM CENTER INC

EIN: 460663472 501(c)(3) Human Services

ST PETERSBURG, FL

Total Revenue
$6,632,923
Total Expenses
$5,381,250
Total Assets
$1,515,571
Net Assets
$1,226,637
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
ZELDA O'CONNELL
Phone
7278519074
Tax Period
2024-01-01 to 2024-12-31

FLORIDA DREAM CENTER INC, founded in 2012, is a community nonprofit in the Human Services sector that reported $6.6M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 19% operating margin.

Mission

FLORIDA DREAM CENTER INSPIRES SELF-SUFFICIENCY BY SHARING FAITH THROUGH RESOURCES AND RESTORING HOPE IN COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $5,178,454

THE FLORIDA DREAM CENTER FULFILLS ITS MISSION THROUGH FOUR CORE PROGRAMS: ADOPT-A-BLOCK, THE MOBILE FOOD BANK, RESIDENT ADVOCACY AND WORK READINESS TRAINING. EACH PROGRAM IS FOCUSED ON EQUIPPING...

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THE FLORIDA DREAM CENTER FULFILLS ITS MISSION THROUGH FOUR CORE PROGRAMS: ADOPT-A-BLOCK, THE MOBILE FOOD BANK, RESIDENT ADVOCACY AND WORK READINESS TRAINING. EACH PROGRAM IS FOCUSED ON EQUIPPING INDIVIDUALS AND FAMILIES WITH RESOURCES AND RELATIONAL SUPPORT TO OVERCOME CRISIS AND ACHIEVE LONG- TERM SELF-SUFFICIENCY. FLORIDA DREAM CENTER'S ADOPT-A-BLOCK OUTREACH PROGRAM ENGAGES VOLUNTEERS TO SERVE UNDER-RESOURCED NEIGHBORHOODS EVERY SATURDAY. IN 2024, THE PROGRAM MOBILIZED 13,196 VOLUNTEER HOURS, SUPPORTED 10,469 FAMILIES, AND DELIVERED CRITICAL SERVICES INCLUDING HYGIENE ITEMS, MINOR HOME REPAIRS, YARD CLEANUPS, AND COMMUNITY BEAUTIFICATION. THE PROGRAM BUILDS TRUST AND OPENS THE DOOR FOR FURTHER ASSISTANCE THROUGH CASE MANAGEMENT AND WORKFORCE SUPPORT. THE MOBILE FOOD BANK REDUCES FOOD INSECURITY BY BRINGING FOOD DIRECTLY INTO NEIGHBORHOODS WHERE NEED IS GREATEST. IN 2024, THE PROGRAM DISTRIBUTED 1,838,347 POUNDS OF FOOD AND SERVED 11,200 HOUSEHOLDS, REACHING MOBILE HOME PARKS, SENIOR RESIDENCES, LOW-INCOME HOUSING, AND TRANSITIONAL FACILITIES. THIS MOBILE MODEL REMOVES TRANSPORTATION BARRIERS AND FOSTERS COMMUNITY CONNECTION. FLORIDA DREAM CENTER'S RESIDENT ADVOCACY PROGRAM PROVIDES PERSONALIZED CASE MANAGEMENT SERVICES TO HELP CLIENTS NAVIGATE COMPLEX SYSTEMS AND OVERCOME BARRIERS TO SELF-SUFFICIENCY. IN 2024, THE PROGRAM DELIVERED 1,616 CASE MANAGEMENT SERVICES, INCLUDING ASSISTANCE WITH GOVERNMENT APPLICATIONS, HOUSING, HEALTH INSURANCE ENROLLMENT, BUDGETING, MENTAL HEALTH/SUBSTANCE ABUSE REFERRALS, LEGAL, ETC. THE PROGRAM PLAYS A VITAL ROLE IN STABILIZING INDIVIDUALS AND FAMILIES THROUGH CONSISTENT GUIDANCE AND RESOURCE ACCESS. THE WORK READINESS TRAINING PROGRAM EQUIPS INDIVIDUALS WITH THE SKILLS, CERTIFICATIONS, AND CONFIDENCE TO RE-ENTER THE WORKFORCE. IN 2024, 190 CLIENTS COMPLETED THE PROGRAM, RESULTING IN 96 JOB PLACEMENTS AND 165 EARNED CERTIFICATIONS IN FIELDS SUCH AS CONSTRUCTION, WAREHOUSE LOGISTICS, AND FORKLIFT OPERATION. THE PROGRAM EMPHASIZES HOLISTIC SUPPORT FOR INDIVIDUALS OVERCOMING BARRIERS LIKE POVERTY, ADDICTION, OR JUSTICE INVOLVEMENT.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,539,438
Program Service Revenue $0
Investment Income $192
Other Revenue $93,293
TOTAL REVENUE $6,632,923

Expense Breakdown

Grants Paid $0
Salaries & Benefits $410,209
Fundraising Expenses $0
Program Expenses $5,178,454
Other Expenses $4,971,041
TOTAL EXPENSES $5,381,250

Year-over-Year Comparison

2024 2023 Change
Revenue $6,632,923 $4,861,543 +0.4%
Expenses $5,381,250 $4,969,072 +0.1%
Net Income $1,251,673 $-107,529 -12.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
9
Volunteers
3851

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$52,979
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZELDA O'CONNELL COO 40.00
Officer
$52,979 $0 $52,979
NEIIL BOYD BOARD MEMBER 10.00
Director
$0 $0 $0
DEPUTY RICQUEL COPPER ADVISORY BOA 10.00
Director
$0 $0 $0
DANILO FELIX BOARD MEMBER 10.00
Director
$0 $0 $0
CLETE GODDARD BOARD MEMBER 10.00
Director
$0 $0 $0
DAN GRAHAM BOARD MEMBER 10.00
Director
$0 $0 $0
GREG SCHAEFFER DIRECTOR 10.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $6,632,923 $5,381,250 $1,515,571 $1,251,673
2023 $4,861,543 $4,969,072 $148,111 $-107,529
2022 $4,431,008 $4,677,089 $282,728 $-246,081
2021 $4,064,734 $4,112,178 $335,319 $-47,444
2020 $4,112,646 $3,918,619 $384,632 $194,027
2019 $3,789,774 $3,803,404 $228,274 $-13,630
2018 $2,735,316 $2,843,888 $222,136 $-108,572
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