DUSTIN CHAMBERLAIN MEMORIAL FOUNDATION INC

EIN: 461173912 501(c)(3) Human Services

SILOAM SPRINGS, AR

Total Revenue
$279,784
Total Expenses
$271,582
Total Assets
$256,975
Net Assets
$256,212
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
AR
Principal Officer
DEONDRA CHAMBERLAIN
Phone
4795497005
Tax Period
2023-01-01 to 2023-12-31

DUSTIN CHAMBERLAIN MEMORIAL FOUNDATION INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $312K in total revenue in fiscal year 2021. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $184K, a strong 59% operating margin.

Mission

DUSTINS DREAM IS A FOUNDATION THAT HAS BEEN ESTABLISHED TO HELP FUND MISSION TRIPS AND MEDICAL MISSION PROJECTS IN POVERTY STRICKEN COUNTRIES. THE ORGANIZATION ALSO PROVIDES COLLEGE SCHOLARSHIPS TO STUDENTS WHO DESIRE TO ENTER A MEDICAL PROFESSION. OUR PRIMARY GOAL IS TO FURTHER THE KINGDOM OF GOD AND HONOR OUR SON, DUSTIN, WHO LOST HIS LIFE IN A TRAGIC HOME INVASION DECEMBER 15, 2011. DUSTIN WAS A SOPHOMORE AT BAYLOR UNIVERSITY IN THE PRE-MED PROGRAM AT THE TIME OF HIS DEATH. HE WAS VERY EXCITED ABOUT HIS FUTURE AND SERVING OTHERS. WE ARE HOPING, THROUGH DUSTINS DREAM, TO ACCOMPLISH SOME OF THE THINGS HERE ON EARTH THAT DUSTIN WILL NOT BE ABLE TO ACCOMPLISH. DUSTIN WAS FOCUSED ON HELPING TO MEET MEDICAL NEEDS AND HAD AN INTEREST IN BEING INVOLVED IN MISSIONS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $284,131
Program Service Revenue $0
Investment Income $130
Other Revenue $-4,477
TOTAL REVENUE $279,784

Expense Breakdown

Grants Paid $107,572
Salaries & Benefits $48,442
Fundraising Expenses $0
Program Expenses $224,912
Other Expenses $115,568
TOTAL EXPENSES $271,582

Year-over-Year Comparison

2023 2022 Change
Revenue $279,784 $239,358 +0.2%
Expenses $271,582 $265,338 +0.0%
Net Income $8,202 $-25,980 -1.3%
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
6
Independent Members
6
Employees
1
Volunteers
N/A

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
3
$0
Total Directors
3
$45,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANAE CHAMBERLAIN DIRECTOR 40.00
Director
$45,000 $0 $45,000
GARY COMISKEY DIRECTOR 1.00
Director
$0 $0 $0
DR CARL DUNCAN DIRECTOR 1.00
Director
$0 $0 $0
DEONDRA CHAMBERLAIN VICE PRESIDE 10.00
Officer
$0 $0 $0
DON CHAMBERLAIN PRESIDENT 10.00
Officer
$0 $0 $0
MEREDITH THARP SECRETARY 10.00
Officer
$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 No data No data No data No data
2023 $279,784 $271,582 $256,975 $8,202
2022 $239,358 $265,338 $252,368 $-25,980
2021 $311,909 $127,747 $273,990 $184,162
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