DREAM CENTER OF PEORIA NFP

EIN: 522376242 501(c)(3) Religion

PEORIA, IL

Total Revenue
$4,144,468
Total Expenses
$3,950,989
Total Assets
$5,765,651
Net Assets
$5,559,036
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IL
Principal Officer
JOHN VANNE
Phone
3096763000
Tax Period
2024-01-01 to 2024-12-31

DREAM CENTER OF PEORIA NFP, founded in 2002, is a community nonprofit in the Religion sector that reported $4.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 5% surplus.

Mission

IMPACT INDIVIDUALS AND FAMILIES IN POVERTY, STARTING WITH KIDS AND YOUTH.

Program Service Accomplishments

Program 1
Expenses: $1,915,081

YOUTH DEVELOPMENT - CONSISTS OF AFTER SCHOOL PROGRAMS AND SUMMER CAMP, AS WELL AS OPPORTUNITIES IN ATHLETICS, ARTS, LIFE SKILLS AND VOCATIONAL DEVELOPMENT COURSES

Program 2
Expenses: $1,067,041

BASIC HUMAN NEEDS - HOMELESS SHELTER/VILLAGE - THE VILLAGE IS A PERMANENT SUPPORTIVE HOUSING PROGRAM WHERE WOMEN AND FAMILIES CAN RECEIVE SUPPORTIVE SERVICES TO INSURE THEY WILL STAYED HOUSED. THERE...

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BASIC HUMAN NEEDS - HOMELESS SHELTER/VILLAGE - THE VILLAGE IS A PERMANENT SUPPORTIVE HOUSING PROGRAM WHERE WOMEN AND FAMILIES CAN RECEIVE SUPPORTIVE SERVICES TO INSURE THEY WILL STAYED HOUSED. THERE IS NO LIMIT ON THE LENGTH OF TIME RESIDENTS CAN STAY IN THE VILLAGE. THE SHELTER IS A 24-HOUR, EMERGENCY HOMELESS SHELTER FOR WOMEN, WOMEN WITH CHILDREN, AND MEN WITH CHILDREN.

Program 3
Expenses: $60,200 Revenue: $16,240

COMMUNITY OUTREACH - EVENTS PROVIDE THE PUBLIC AT-LARGE WITH TANGIBLE WAYS TO EMBRACE THOSE IN OUR COMMUNITY WHO NEED A HELPING HAND. COMMUNITY OUTREACH EVENTS INCLUDE THE HOPE STORE, BACKPACK...

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COMMUNITY OUTREACH - EVENTS PROVIDE THE PUBLIC AT-LARGE WITH TANGIBLE WAYS TO EMBRACE THOSE IN OUR COMMUNITY WHO NEED A HELPING HAND. COMMUNITY OUTREACH EVENTS INCLUDE THE HOPE STORE, BACKPACK PEORIA, MISSION PEORIA, SERVE THE CITY AND PROMISE OF HOPE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,043,443
Program Service Revenue $16,240
Investment Income $2,860
Other Revenue $81,925
TOTAL REVENUE $4,144,468

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,246,856
Fundraising Expenses $359,919
Program Expenses $3,046,781
Other Expenses $1,704,133
TOTAL EXPENSES $3,950,989

Year-over-Year Comparison

2024 2023 Change
Revenue $4,144,468 $3,639,445 +0.1%
Expenses $3,950,989 $3,310,345 +0.2%
Net Income $193,479 $329,100 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
109
Volunteers
2146

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
5
$198,093
Total Directors
8
$80,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY KING EXECUTIVE DIRECTOR 40.00
Officer
$83,030 $34,463 $117,493
STEVE MIKESELL BUSINESS MANAGER 40.00
Officer Director
$78,070 $2,530 $80,600
CHRISTINA KOEPPEL SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN VANNE PRESIDENT 1.00
Officer Director
$0 $0 $0
KEITH LINDGREN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHUCK TATE DIRECTOR 1.00
Director
$0 $0 $0
GLYN KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
BLAKE KNAPP DIRECTOR 1.00
Director
$0 $0 $0
ROGER ROHLFING DIRECTOR 1.00
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 $4,144,468 $3,950,989 $5,765,651 $193,479
2023 $3,639,445 $3,310,345 $5,452,685 $329,100
2022 $2,751,545 $2,794,848 $5,144,082 $-43,303
2021 $3,321,880 $2,204,223 $5,284,319 $1,117,657
2020 $2,623,713 $1,986,092 $4,197,557 $637,621
2019 $2,547,706 $1,745,865 $3,669,183 $801,841
2018 $1,915,490 $1,528,692 $2,593,031 $386,798
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