SAN PEDRO SULA DREAM CENTER INC

EIN: 834682894 501(c)(3) Religion

FOLEY, AL

Total Revenue
$299,133
Total Expenses
$264,318
Total Assets
$175,832
Net Assets
$171,998
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AL
Principal Officer
KIMBERLY LYNN ELVIR
Phone
2512982739
Tax Period
2023-01-01 to 2023-12-31

SAN PEDRO SULA DREAM CENTER INC, founded in 2019, is a small nonprofit in the Religion sector that reported $299K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $264K left a modest 12% surplus.

Mission

THE PRIMARY MISSION OF THE ORGANIZATION IS TO CONNECT HOPELESS PEOPLE TO GOD AND TO FORM A COMMUNITY OF SUPPORT BY PROVIDING HUMANITARIAN SERVICES THAT ADDRESS IMMEDIATE AND LONG-TERM NEEDS IN THE AREAS OF HUNGER, POVERTY, GANG INVOLVEMENT, EDUCATION, AND HUMAN TRAFFICKING. ADDITIONALLY, THROUGH CHRISTIAN TEACHING AND DISCIPLESHIP WE ARE BUILDING A GROUP OF RESILIENT PEOPLE WHOSE LIVES HAVE BEEN REDEEMED BY GOD'S LOVE AND WHO NOW DESIRE TO BE AGENTS OF CHANGE IN THEIR OWN SPHERE OF INFLUENCE.

Program Service Accomplishments

Program 1
Expenses: $141,899 Revenue: $86,484

OUTREACH - EVENTS - TEAM HOSTING THE ORGANIZATION HELD SEVERAL OTUREACH EVENTS THORUGHOUT THE YEAR AND HOSTED MISSIONARY TEAMS FROM THEIR SPONSORING CHURCHES AND PARTNERS TO COME INTO HONDURAS TO...

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OUTREACH - EVENTS - TEAM HOSTING THE ORGANIZATION HELD SEVERAL OTUREACH EVENTS THORUGHOUT THE YEAR AND HOSTED MISSIONARY TEAMS FROM THEIR SPONSORING CHURCHES AND PARTNERS TO COME INTO HONDURAS TO ASSIST WITH THEIR OUTREACH EFFORTS, CONFERENCES AND PROGRAMS. A COMBINED 8,409 INDIVIDUALS WERE A PART OF THEIR OUTREACH EFFORTS. IN EARLY 2023, THE FIRST MISSIONS TEAM FROM ALABAMA CONDUCTED OUTREACHES AT 6 AREA SCHOOLS AND ORGANIZAED A VALENTINE CELEBRATION FOR KITCHEN VOLUNTEERS. THEY ALSO ORGANIZED A COLLECTIVE YOUTH NIGHT BUSING IN STUDENTS FOR A DYNAMIC EVENT. MORE TEAMS ARRIVED THORUGHOUT THE YEAR ASSISTING WITH YOUTH CAMPS WERE 40 STUDENTS WERE SPONSORED TO GO BY THE ORGANIZATION, OUTREACHES, CLOTHING DRIVES, HOSPITAL VISITS AND MORE. THE ORGANIZATION ALSO HOSTED THEIR VERY FIRST TEACHERS CONFERENCE WITH LOCAL AUTHORITIES INCLUDING SECRETARY OF THE DEPARTMENT OF EDUCATION AND DISTRICT LEADER.

Program 2
Expenses: $48,644

FOOD PROGRAM RELIEF, BENEVOLENCE (CARE) AND EDUCATION PROGRAMS: THE ORGANIZATION TRHOUGHOUT 2023 CONTINUED IT'S FOOD PROGRAM, SERVICING AND FEEDING 64,082 INDIVIDUALS DAILY MEALS. THE ORGANIZATION...

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FOOD PROGRAM RELIEF, BENEVOLENCE (CARE) AND EDUCATION PROGRAMS: THE ORGANIZATION TRHOUGHOUT 2023 CONTINUED IT'S FOOD PROGRAM, SERVICING AND FEEDING 64,082 INDIVIDUALS DAILY MEALS. THE ORGANIZATION ALSO IMPLEMENTED ADOPT THE BLOCK VISITS WERE THEY CONNECTED WITH THE COMMUNITY BY DISTRIBUTING GROCERIES, OFFERING PRAYER AND PERSONALLY VISITING EVERY FAMILY CONNECTED TO THE CENTER. THEY PROVIDED WEEKLY GATHERINGS TO THE ELDERLY AND WIDOWED PROIVIDING A WEEKS SUPPLY OF GROCERIES WITH 1610 BAGS DISTRIBUTED THROUGHOUT 2023. THE BENEVOLENCE PROGRAM CONTINUED TO MONITOR THE WELFARE OF CHILDREN AND FAMILIES, ADDRESSING NEEDS SUCH AS MEDICAL BILLS, UNIFORMS, AND TRANSPORTATION. THE BUS MINISTRY ENSURED THAT THOSE WITHOUT TRANSPORTATION COULD ATTEND CHURCH ADN OTHER IMPORTANT ACTIVITIES. SOME OF THE HIGHLIGHTS THE ORGANIZATION REACHED APPROXIMATELY 18 INDIVIDUALS WITH IT'S BENEVOLENT ASSISTANCE THROUGHOUT THE YEAR. A COMBINED 64,100 INDIVIDUALS WERE ASSISTED WITH THE FOOD AND BENEOLVENCE PROGRAMS FOR 2023. THE ORGANIZATIONS EDUCATION AND SPORTS PROGRAMS OFFERED STUDENTS THE OPPORTUNITY TO LEARN VIOLIN, VIOLONCHELO, CELL CHOIR, GUITAR, AND PERCUSSION. THE SPORTS PROGRAM, INCLUDING 3 SOCCER TEAMS KNOWN AS THE DC LIONS, FOSTERED A SENSE OF COMMUNITY AND PESONAL GROWTH THROUGH DEVOTIONALS, PRACTICES, AND TOURNAMENTS AND THE 78 GROUP WON THE CHAMPIONSHIP TITLE IN 2023. TUTORING AND HOMEWORK HELP AND SHCOOL INVOLVEMENT WERE CETNRAL TO THE EFFORTS TO KEEP CHILDREN IN SCHOOL AND TO BRING LASTING CHANGE TO THE COMMUNITIES SERVED BY THE ORGANIZATION. THE VOLUNTEERS REGULARLY VISITED PARTNER SCHOOLS AND CONDUCTED EVANGELISTIC OUTREACHES AT LOCAL SCHOOLS. THIS YEAR, SIGNIFICANT PROGRESS WAS MADE BY EXPADNING THE SCHOLARSHIP PROGRAM TO SUPPORT 8 FULLY SCHOLARSHIPPED STUDENTS AND 2 PARTIALLY SCHOLARSHIPPED STUDENTS. THE ORGANIZATION ALSO SIGNIFICANTLY HELPED TO ESTABLISH A NEW BILINGUAL CHIRSITAN SCHOOL IN THE CITY, AND SUPPLIED MANY STUDENTS WITH NECESSARY SCHOOL MATERIALS. APPROXIMATELY 388 CHILDREN WERE SERVED IN THE SCHOOL AND SPORTS PROGRAM.

Program 3
Expenses: $59,453

THE DREAM CENTER CONTINUES TO BE AN INDISPENSABLE PART OF THE VISION OF THE ORGANIZATION; RESOLUTELY BELIEVING IN GIVING HOPELESS PEOPLE A REASON TO DREAM. THE SAN PEDRO'S PRIMARY MISSION IS TO...

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THE DREAM CENTER CONTINUES TO BE AN INDISPENSABLE PART OF THE VISION OF THE ORGANIZATION; RESOLUTELY BELIEVING IN GIVING HOPELESS PEOPLE A REASON TO DREAM. THE SAN PEDRO'S PRIMARY MISSION IS TO CONNECT HOPELESS PEOPLE TO GOD AND FORM A COMMUNITY OF SUPPORT BY PROVIDING HUMANITARIAN SERVICES THAT ADDRESS IMMEDIATE AND LONG TERM NEEDS IN THE AREAS OF HUNGER. THROUGHOUT 2023, THE ORGANIZATION CONTINUED TO LEAN INTO THEIR PRIMARY PURPOSE BY OFFERING AND EXPANDING ON PROGRAMS THAT SPEAK TO THOSE NEEDS SUCH AS THEIR FOOD PROGRAMS, THEIR EDUCATION AND SPORTS PROGRAMS, THEIR BENEOLVENCE & CARE PROGRAMS AND THEIR OUTREACHES TO THEIR COMMUNITY. THE ORGANIZATION ALSO MAITAINED A FACILITIES TO HELP HOST THESE PROGRAMS. THEY ARE CURRENTLY EXPANDING AND PURCHASED LAND IN 2023 TO BEGIN CONSTRUCTION AND BUILD A LARGER FACILITY TO FACILIATE THEIR PROGRAMS. THE ORGANIZATION ALSO CONTINUED TO ADMINISTRATE AND OVERSEA APPROXIMATELY 548 INDIVIDUALS THAT SERVE AS THEIR FOREIGN STAFF AND VOLUNTEERS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $298,439
Program Service Revenue $0
Investment Income $47
Other Revenue $647
TOTAL REVENUE $299,133

Expense Breakdown

Grants Paid $199,574
Salaries & Benefits $24,728
Fundraising Expenses $4,465
Program Expenses $249,996
Other Expenses $40,016
TOTAL EXPENSES $264,318

Year-over-Year Comparison

2023 2022 Change
Revenue $299,133 $274,169 +0.1%
Expenses $264,318 $184,799 +0.4%
Net Income $34,815 $89,370 -0.6%
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
3
Employees
3
Volunteers
548

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
$19,200
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY LYNN ELVIR COO 40.00
Officer
$14,400 $0 $14,400
JUAN PABLO ELVIR CEO 15.00
Officer
$4,800 $0 $4,800
LAUREN MICHELLE JOHNSON ERVIN BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL ROBERTS WICKS BOARD MEMBER 1.00
Director
$0 $0 $0
JACQUELINE STRICKLAND SECRETARY 1.00
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 $299,133 $264,318 $175,832 $34,815
2022 $274,169 $184,799 $139,874 $89,370
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