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Nonprofit · EIN 27-4876080

DREAM CENTERS OF COLORADO SPRINGS

Tax-exempt · COLORADO SPGS, CO 80921

Financials

$2.4M$2.6M2023$2.9M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of DREAM CENTERS OF COLORADO SPRINGS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,900,030$2,640,100$259,930$8,700,880$2,926,306$5,774,574
December 31, 2023990$2,360,361$2,634,153-$273,792$8,508,067$2,993,423$5,514,644
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,922,375
of which government grants
$135,921
Program service revenue
$210,673
Investment income
-$233,018
Net gain from sales of assets
-$234,066
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,983
Compensation of officers, directors and key employees
$246,034
Other salaries and wages
$936,047
Salaries, compensation and benefits (total)
$1,387,004
Professional fundraising fees
$39,800
Legal fees
$7,595
Accounting fees
$17,225
Occupancy
$190,662
Travel
$4,409
Depreciation
$189,355
Program services (functional)
$2,035,634
Management and general (functional)
$247,066
Fundraising (functional)
$357,400

Balance sheet and other

Total assets, start of year
$8,508,067
Total assets, end of year
$8,700,880
Total liabilities, end of year
$2,926,306
Net assets, end of year
$5,774,574
Land, buildings and equipment
$4,896,288
Net assets without donor restrictions
$5,591,449
Net assets with donor restrictions
$183,125
Gross receipts
$3,144,078
Employees
26
Volunteers
220
Year formed
2011
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MATTHEW AYERSDIRECTOR/SECRETARY/ CEO
Trustee or director, Officer, Key employee
40$37,233$89,703
NATALIE JOHNSONWOMENS CLINIC EXECUTIVE DIRECTOR
Key employee, Highest-paid employee
40$115,932$3,166
BRADY BOYDDIRECTOR/PRESIDENT
Trustee or director, Officer
1$0$0
ANNA TAMAREZDIRECTOR/VICE-PRESIDENT
Trustee or director, Officer
1$0$0
BRIAN NEWBERGDIRECTOR/TREASURER
Trustee or director, Officer
5$0$0
GAIL FLANDER-JONESDIRECTOR
Trustee or director
1$0$0
DANIELLE HENDRIXDIRECTOR
Trustee or director
1$0$0
DR LARRY O'CONNELLDIRECTOR
Trustee or director
1$0$0
DR CHERYL MEREDITH KRUEGERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
NATALIE JOHNSONWOMEN'S CLINIC EXECUTIVE DIRECTOR
Key employee, Highest-paid employee
40$115,129$18,461
MATTHEW AYERSDIRECTOR/SECRETARY/ CEO
Trustee or director, Officer
40$68,803$59,278
NORA MCKENIZEVICE PRESIDENT OF ADVANCEMENT
Key employee
40$106,310$10,322
BRADY BOYDDIRECTOR/PRESIDENT
Trustee or director, Officer
1$0$0
ANNA TAMAREZDIRECTOR/VICE-PRESIDENT
Trustee or director, Officer
1$0$0
BRIAN NEWBERGDIRECTOR/TREASURER
Trustee or director, Officer
5$0$0
GAIL FLANDER-JONESDIRECTOR
Trustee or director
1$0$0
DANIELLE HENDRIXDIRECTOR
Trustee or director
1$0$0
CHERYL MEREDITH KRUEGERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
11025 VOYAGER PKWY, COLORADO SPGS, CO 80921-3623
In care of
% BRIAN NEWBERG
Principal officer (990 for 2024)
MATTHEW AYERS, 11025 VOYAGER PKWY, COLORADO SPRINGS, CO 80921
Signed the 990
MATTHEW AYERS, CEO
Phone
(719) 247-2007
Return prepared by
Brian D Newberg CPA

Mission

DREAM CENTERS SERVES VULNERABLE WOMEN AND CHILDREN WHO HAVE NOWHERE ELSE TO TURN. DREAM CENTERS PROGRAMS HELP THOSE TRAPPED IN CYCLES OF POVERTY TO FIND HOPE, EMPBRACE HEALTH, AND BUILD SUSTAINABLE LIVES FOR THEMSELVES AND THEIR CHILDREN.

990 for the year ended December 31, 2024

Program accomplishments

  • DREAM CENTERS - WOMENS CLINIC THE WOMENS CLINIC PROVIDES FREE WOMENS HEALTH, BEHAVIORAL HEALTH, AND AND OTHER WRAP-AROUND SERVICES FOR UNINSURED AND UNDER-INSURED WOMEN AGE 13-64. OUR APPROACH TO HEALTHCARE IS WHOLISTIC - SUPPORTING PHYSICAL HEALTH, MENTAL WELL-BEING, AND SPIRITUAL STRENGTH. THE CLINIC PROVIDES PREVENTIVE CARE, ULTRASOUNDS, PREGNANCY RESOURCES, CHIROPRACTIC CARE, NUTRITION COUNSELING, PROFESSIONAL COUNSELING, PRAYER AND RESOURCE ADVOCACY. DURING 2024, THE CLINIC PROVIDED 3,978 APPOINTMENTS, AND 94 VOLUNTEERS SERVED 6,302 HOURS.
    Expenses $717,723 · revenue $1,079
  • DREAM CENTERS - MARYS HOME MARYS HOME IS A RELATIONSHIP-BASED PROGRAM OFFERING HIGH-CHALLENGE AND SUPPORTIVE TRAUMA INFORMED SERVICES TO SINGLE-MOTHER LED FAMILIES EXITING HOMELESSNESS. THE FIRST 3-6 MONTHS ARE FOCUSED ON TRAUMA-INFORMED RESTORATION, SKILLS TRAINING, STUDIES & CAREER PREP. FAMILIES STAY RESIDENTS FOR 1-5 YEARS, FOLLOWING OUR PROGRAM TO GAIN THE PHYSICAL, MENTAL, AND FINANCIAL HEALTH TO MEET THE COLORADO SELF-SUFFICIENCY STANDARD. IN 2024, MARYS HOME SERVED 21 SINGLE-MOTHERS, THEIR 33 CHILDREN, AND 126 VOLUNTEERS SERVED 2,501 HOURS.
    Expenses $1,317,911 · grants $1,983 · revenue $209,594

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-4876080
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E32)
Assets (IRS master file)
$8,700,880
Income (IRS master file)
$3,144,078

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,900,030$2,640,100$8,700,880XML
990December 2023$2,360,361$2,634,153$8,508,067XML
990December 2022$2,525,032$2,346,222$8,897,439IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4876080).

Questions about DREAM CENTERS OF COLORADO SPRINGS

What is the EIN of DREAM CENTERS OF COLORADO SPRINGS?
The employer identification number (EIN) of DREAM CENTERS OF COLORADO SPRINGS is 27-4876080.
Is DREAM CENTERS OF COLORADO SPRINGS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to DREAM CENTERS OF COLORADO SPRINGS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAM CENTERS OF COLORADO SPRINGS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DREAM CENTERS OF COLORADO SPRINGS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DREAM CENTERS OF COLORADO SPRINGS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DREAM CENTERS OF COLORADO SPRINGS?
The 990 for the year ended December 31, 2024 names MATTHEW AYERS.
Who are the officers and directors of DREAM CENTERS OF COLORADO SPRINGS?
The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $37,233 (MATTHEW AYERS, DIRECTOR/SECRETARY/ CEO).
How much revenue does DREAM CENTERS OF COLORADO SPRINGS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,900,030, expenses of $2,640,100 and total assets of $8,700,880 at year end.

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