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Dream Center Indianapolis Inc

EIN 86-3595233 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood72 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE DREAM CENTER SERVES AS A RESOURCE CENTER FOCUSED ON PROVIDING SUPPORT TO THOSE AFFECTED BY HOMELESSNESS, HUNGER AND LACK OF EDUCATION THROUGH RESIDENTIAL AND COMMUNITY OUTREACH PROGRAMS.

Income
$1.6 million
Spending
$1.8 million
Spent on programs
75%
Reserves
6.8 months of spending
Largest source of income
government grants, 67%
Employees
10
Volunteers
200
Highest pay
$106,874, ceo

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 72 out of 100. Higher than 59% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.8 months of spending.

  • Debt

    10 of 20

    It owes 30% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 14% of income.

  • Income trend

    15 of 15

    Income rose 56% on the year before.

  • Spending floor

    15 of 15

    75% of spending went to programs and raising each dollar of donations cost 11 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    3 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.3 million spent. ENROLLMENT AND PROGRAM COMPLETION: THE CERTIFIED CLINICAL MEDICAL ASSISTANT (CMA) PROGRAM MAINTAINS STRUCTURED, HIGH-ACCOUNTABILITY ENROLLMENT TO MAXIMIZE PARTICIPANT SUCCESS, WITH COHORTS TYPICALLY ACCEPTING UP TO 14 STUDENTS. THIS FOCUSED APPROACH CONTRIBUTES TO THE OVERALL SUCCESS OF THE PATHWAYS PROGRAM, WHICH HAS SEEN 27 TO 60 MOMS ENROLLED WITH A HIGH COMPLETION RATE OF 87%. THE ORGANIZATION HAS AMBITIOUS PLANS TO SCALE THIS MODEL TO SERVE A TARGET OF 200 ELIGIBLE CLIENTS THROUGH THE PHASED PATHWAYS PROGRAM BY LAUNCHING NEW COHORTS AT LEAST EVERY FOUR MONTHS.
  2. DIRECT ECONOMIC AND CAREER ADVANCEMENT OUTCOMES: THE MOST SIGNIFICANT ACCOMPLISHMENT OF THE GRADUATED COHORTS IS THE MEASURABLE INCREASE IN ECONOMIC STABILITY THROUGH HIGH-WAGE EMPLOYMENT. COHORT GRADUATES ARE SECURING POSITIONS WITH EMPLOYER PARTNERS, SUCH AS A COHORT 2 PARTICIPANT WHO ACCEPTED A FULL-TIME JOB WITH MIDWEST PAIN AND SPINE AT $22.00 AN HOUR. ANOTHER COHORT 2 GRADUATE, CANDACE, RECEIVED A $15,000 ANNUAL SALARY INCREASE AND WAS PROMOTED TO COMMUNITY LIAISON, MOVING HER SALARY FROM $42,240 TO $57,240. THESE SUCCESSES CONTRIBUTE TO THE OVERALL PROGRAM OUTCOME, WHERE PARTICIPANTS INCREASED THEIR WAGES BY AN AVERAGE OF $4.50 PER HOUR.
  3. HOLISTIC SELF-SUFFICIENCY AND COMMUNITY IMPACT: BEYOND EMPLOYMENT, THE PROGRAM'S GREATEST ACCOMPLISHMENT LIES IN FOSTERING HOLISTIC SELF-SUFFICIENCY AND STABILITY FOR THE WOMEN AND THEIR FAMILIES. QUALITATIVELY, GRADUATES LIKE JW HAVE EXPRESSED PERSONAL TRANSFORMATION, STATING, "THIS WAS THE FIRST TIME I FINISHED AND IT CHANGED HOW I SEE MYSELF." QUANTIFIABLE SOCIAL OUTCOMES INCLUDE 10 CLIENTS SUCCESSFULLY TRANSITIONING OFF MEDICAID, WHICH GENERATED AN ESTIMATED $111,454 IN ANNUAL TAXPAYER SAVINGS. FURTHERMORE, EMPLOYER PARTNERS LIKE MIDWEST PAIN & SPINE AND AXIA WOMEN'S HEALTH HAVE HIRED MOMS FROM BOTH COHORT 1 AND COHORT 2, DEMONSTRATING THE PROGRAM'S PROVEN CAPACITY TO PREPARE WOMEN FOR MEANINGFUL, LONG-TERM CAREERS.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2021.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.