Nonprofit · EIN 85-4344924
SHOALS DREAM CENTER INC
Tax-exempt · FLORENCE, AL 35633
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,122,653 | $1,048,564 | $74,089 | $334,450 | $16,942 | $317,508 |
| December 31, 2024 | 990 | $955,111 | $1,017,534 | -$62,423 | $278,227 | $14,470 | $263,757 |
| December 31, 2023 | 990 | $1,220,865 | $903,647 | $317,218 | $345,961 | $9,230 | $336,731 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,120,810
- Program service revenue
- $0
- Investment income
- $1,843
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $592,783
- Salaries, compensation and benefits (total)
- $639,962
- Professional fundraising fees
- $0
- Accounting fees
- $775
- Occupancy
- $305,496
- Depreciation
- $968
- Program services (functional)
- $1,048,564
Balance sheet and other
- Total assets, start of year
- $278,227
- Total assets, end of year
- $334,450
- Total liabilities, end of year
- $16,942
- Net assets, end of year
- $317,508
- Land, buildings and equipment
- $49,009
- Net assets without donor restrictions
- $317,508
- Gross receipts
- $1,122,653
- Employees
- 52
- Year formed
- 2020
- State of legal domicile
- AL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE COLLINS | VICE-PRESIDE Officer | – | $0 |
| ASHLEY COOK | SECRETARY Officer | – | $0 |
| ROBERT GOURLEY | PRESIDENT Officer | – | $0 |
| JIMMY HAYES | EXECUTIVE DI Officer | – | $0 |
| AARON HOWARD | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CALEB CHAMBERS | VICE-PRESIDE Officer | – | $0 |
| ASHLEY COOK | SECRETARY Officer | – | $0 |
| ROBERT GOURLEY | PRESIDENT Officer | – | $0 |
| JIMMY HAYES | EXECUTIVE DI Officer | – | $0 |
| AARON HOWARD | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RYAN ALBERT | SECRETARY Officer | – | $0 |
| CALEB CHAMBERS | VICE-PRESIDE Officer | – | $0 |
| ROBERT GOURLEY | PRESIDENT Officer | – | $0 |
| PHIL WIGINTON | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2950 CLOVERDALE RD, FLORENCE, AL 35633-1457
- In care of
- % ROBERT JOSEPH GOURLEY
- Principal officer (990 for 2025)
- JIMMY HAYES, 2716 FRIAR TUCK CT, FLORENCE, AL 35633
- Signed the 990
- JIMMY HAYES, EXECUTIVE DIRECTOR
- Phone
- (256) 760-9759
- Return prepared by
- PATTERSON PRINCE AND ASSOCIATES PC
Mission
TO FOSTER, DEVELOP AND PROMOTE CHARITABLE PURPOSES AND ACTIVITIES, INCLUDING, BUT NOT LIMITED TO, COMMUNITY DEVELOPMENT, JOB SKILLS TRAINING, SOCIAL REHABILITIATION, EDUCATIONAL DEVELOPMENT, TUTORING, MENTORING, PROVISION OF FOOD AND CLOTHING, AND OTHER ACTIVITIES DESIGNED TO ALLEVIATE CONDITIONS OF POVERTY, FOR RESIDENTS OF NORTHWEST ALABAMA, PARTICULARLY, RESIDENTS OF LAUDERDALE AND COLBERT COUNTIES.
Program accomplishments
- TO FOSTER, DEVELOP AND PROMOTE CHARITABLE PURPOSES AND ACTIVITIES,INCLUDING, BUT NOT LIMITED TO, COMMUNITY DEVELOPMENT, JOB SKILLS TRAINING,SOCIAL REHABILITIATION, EDUCATIONAL DEVELOPMENT, TUTORING, MENTORING,PROVISION OF FOOD AND CLOTHING, AND OTHER ACTIVITIES DESIGNED TO ALLEVIATE CONDITIONS OF POVERTY, FOR RESIDENTS OF NORTHWEST ALABAMA, PARTICULARLY,RESIDENTS OF LAUDERDALE AND COLBERT COUNTIES.Expenses $1,048,564
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-4344924
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $334,450
- Income (IRS master file)
- $1,122,653
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,122,653 | $1,048,564 | $334,450 | IRS |
| 990 | December 2024 | $955,111 | $1,017,534 | $278,227 | XML |
| 990 | December 2023 | $1,220,865 | $903,647 | $345,961 | XML |
| 990 | December 2022 | $892,394 | $981,490 | $250,689 | IRS |
| 990 | December 2021 | – | – | – | 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 85-4344924).
Questions about SHOALS DREAM CENTER INC
- What is the EIN of SHOALS DREAM CENTER INC?
- The employer identification number (EIN) of SHOALS DREAM CENTER INC is 85-4344924.
- Is SHOALS DREAM CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to SHOALS DREAM CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHOALS DREAM CENTER INC 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 SHOALS DREAM CENTER INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHOALS DREAM CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SHOALS DREAM CENTER INC?
- The 990 for the year ended December 31, 2025 names JIMMY HAYES.
- Who are the officers and directors of SHOALS DREAM CENTER INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does SHOALS DREAM CENTER INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,122,653, expenses of $1,048,564 and total assets of $334,450 at year end.
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All nonprofits in FLORENCE · Alabama · Community improvement and capacity building