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Generous Life Foundation D/B/A Memphis Dream Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311685087 ✦ Cordova, TN ✦ Designated as a 501(c)(3)

Overview

What is Generous Life Foundation D/B/A Memphis Dream Center?

Generous Life Foundation, operating under the name Memphis Dream Center, is a nonprofit organization situated in Cordova, Tennessee. With a focus on under-resourced and under-served neighborhoods, they run an after-school program called READ2LEAD, catering to Title 1 schools. This program aims to bridge academic and opportunity gaps for K-6th grade children, offering high-quality academic and enrichment opportunities and promoting family engagement within and beyond school hours. The organization's mission is to positively impact urban areas like Memphis by providing community service, relief, and education to the underprivileged, distressed, and poor. With a dedicated workforce of 38 individuals, Memphis Dream Center strives to create a safe, life-giving environment for its beneficiaries.


Official website here: www.memphisdreamcenter.com

Is Generous Life Foundation D/B/A Memphis Dream Center legitimate?

Generous Life Foundation D/B/A Memphis Dream Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generous Life Foundation D/B/A Memphis Dream Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $68,668
Professional Fundraising Fees: $540
Other Salaries and Wages: $457,742

For more financial information, click here


Official website here: www.memphisdreamcenter.com

What is the mission statement of Generous Life Foundation D/B/A Memphis Dream Center?

The Generous Life Foundation, operating as Memphis Dream Center, is dedicated to making a positive impact in urban areas, specifically focusing on Memphis. Their mission is to offer community service effectively and provide relief and education to underprivileged individuals who are poor, distressed, and in need. Through their initiatives, they aim to enhance the lives of these individuals, striving to bridge the gap in academic opportunities and overall well-being in a secure and nurturing environment. One of their programs, Read2Lead, serves children from K-6th grade attending Title 1 schools in underserved neighborhoods. This program offers high-quality academic and enrichment opportunities, in addition to family engagement, working tirelessly to close the academic and opportunity gaps for these children.


Official website here: www.memphisdreamcenter.com

Who is the CEO of Generous Life Foundation D/B/A Memphis Dream Center?

Kelli Carson is the Chairman of Generous Life Foundation D/B/A Memphis Dream Center.


Official website here: www.memphisdreamcenter.com

What is the revenue of Generous Life Foundation D/B/A Memphis Dream Center?

Generous Life Foundation D/B/A Memphis Dream Center's revenue in 2022 was $865,409.


Official website here: www.memphisdreamcenter.com

Who are the executives of Generous Life Foundation D/B/A Memphis Dream Center and what are their salaries?

The average compensation at Generous Life Foundation D/B/A Memphis Dream Center during 2022 was $13,853. There are 38 employees and 800 volunteers at Generous Life Foundation D/B/A Memphis Dream Center.

Here are 8 key members and their salaries:

    Kelli Carson (President) [Trustee/Director]
  • Compensation: $66,194
  • Related: $0
  • Other: $2,475

    • Jane Lawson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Smith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip Rix (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby White (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janna Hughes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Cotten (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cece Glenn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.memphisdreamcenter.com

    Where can I find the form 990 for Generous Life Foundation D/B/A Memphis Dream Center?

    The Generous Life Foundation D/B/A Memphis Dream Center’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.memphisdreamcenter.com

    Learn more at the official website: www.memphisdreamcenter.com

    Mission Statement of Generous Life Foundation D/B/A Memphis Dream Center

    The Generous Life Foundation D/B/A Memphis Dream Center is committed to making a positive impact on urban communities, specifically Memphis, by offering effective community service and providing relief and education to the underprivileged, distressed, and poor. Their mission is twofold: to serve children in under-resourced and under-served neighborhoods through high-quality academic and enrichment opportunities, and to foster family engagement in and out of school time settings. This is achieved through the Read2Lead after-school program, which serves K-6th grade students attending Title 1 schools. The program aims to close the academic and opportunity gaps for these children in a safe, life-giving environment. The Generous Life Foundation D/B/A Memphis Dream Center serves 130 children through this program, providing them with a much-needed support system and opportunities to succeed.

    Impact

    This information is meant to be a general summary of Generous Life Foundation D/B/A Memphis Dream Center. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Generous Life Foundation D/B/A Memphis Dream Center's impact is focused on the city of Memphis and other urban areas, with a mission to provide relief and education to the poor, distressed, and underprivileged. One of their key programs, READ2LEAD, aims to close academic and opportunity gaps for children in under-resourced neighborhoods by offering high-quality academic and enrichment opportunities. With a focus on serving K-6th grade children attending Title 1 schools, this program has already reached 130 children, providing a safe and life-giving environment for their development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $865,409

    • Assets and Liabilities:
  • Total Assets: $202,994
  • Total Liabilities: $29,040
  • Net Assets: $173,954
  • Organization Details

    Founding Year

    1998

    Principal Officer

    Kelli Carson

    Main Address

    1800 N GERMANTOWN PKWY, CORDOVA, TN, 38016

    NTEE Category

    Code: P20 - Human services

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