Dream Center Bismarck

EIN: 850943567 501(c)(3) Human Services

Bismarck, ND

Total Revenue
$3,187,593
Total Expenses
$3,060,136
Total Assets
$881,865
Net Assets
$879,874
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
ND
Principal Officer
James Barnhardt
Phone
7019552150
Tax Period
2024-01-01 to 2024-12-31

Dream Center Bismarck, founded in 2020, is a community nonprofit in the Human Services sector that reported $3.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $3.1M left a modest 4% surplus.

Mission

Our mission is to connect people to a community of support by offering free resources and services that address immediate and long-term needs. Partner agencies and the Dream Center will work in many different areas including nutrition, employment, and health & dental as well as areas of poverty, addiction, abuse, and generational dysfunction. The Dream Center serves as a resource center focused on working together with others in our community to find creative solutions through community outreach programs.

Program Service Accomplishments

Program 1
Expenses: $3,026,226 Revenue: $233

Dream Center Bismarck has made a significant impact in addressing food insecurity in our community. In 2024 alone, we provided over 1.1 million free meals to individuals and families in need...

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Dream Center Bismarck has made a significant impact in addressing food insecurity in our community. In 2024 alone, we provided over 1.1 million free meals to individuals and families in need, including 79,000 meals through The Banquet, 28,000 breakfasts via the Great Start Breakfast Program, and 40,000 sack lunches. Our on-site Food Pantry and Adopt-a-Block grocery distribution program serves more than 1,000 households weekly, ensuring access to essential groceries.Beyond meals, we connect people with critical services, including health screenings, job assistance, and recovery programs, in partnership with organizations like Northland Health, AARP Tax Aide, Job Service ND, and Bridging the Dental Gap. The impact of these efforts is reflected in testimonies from community members who have found stability, employment, and hope through our programs.By addressing immediate food needs and providing pathways to long-term stability, Dream Center Bismarck continues to be a vital resource for our community.

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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 $3,185,478
Program Service Revenue $233
Investment Income $2,380
Other Revenue $-498
TOTAL REVENUE $3,187,593

Expense Breakdown

Grants Paid $2,191,940
Salaries & Benefits $234,425
Fundraising Expenses $0
Program Expenses $3,026,226
Other Expenses $633,771
TOTAL EXPENSES $3,060,136

Year-over-Year Comparison

2024 2023 Change
Revenue $3,187,593 $2,892,741 +0.1%
Expenses $3,060,136 $2,755,141 +0.1%
Net Income $127,457 $137,600 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
9
Volunteers
1500

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Barnhardt President/Executive Director 80.00
Officer Director
$0 $0 $0
Cindy Barnhardt Vice President (thru 5/24) 3.00
Officer Director
$0 $0 $0
Lisa Chaffee Treasurer 3.00
Officer Director
$0 $0 $0
Chad Hasche Secretary/Vice President 3.00
Officer Director
$0 $0 $0
Marcella Hasche Director 3.00
Director
$0 $0 $0
Mike Baltzer Director 3.00
Director
$0 $0 $0
Dawn Kopseng Director 3.00
Director
$0 $0 $0
Keri Schneider Director 3.00
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 $3,187,593 $3,060,136 $881,865 $127,457
2023 $2,892,741 $2,755,141 $757,339 $137,600
2022 $1,730,246 $1,570,591 $276,825 $159,655
2021 $2,149,824 $2,087,750 $99,185 $62,074
2020 $977,316 $942,789 $34,527 $34,527
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