Dream Centers of Colorado Springs 
The information on this page was last updated 2/5/2026. If you see errors or omissions, please email: [email protected]
Summary
Dream Centers is a non-profit organization helping people trapped in cycles of poverty find hope, embrace health, and build sustainable lives-for themselves and their children.
A Holistic Approach - Our programs empower people to learn new mindsets, establish new baseline behaviors, achieve sustainable goals, and step into a new life of hope and health.
A Commitment to Learning - We are a trauma-informed, research-based organization of professional providers, compassionate doers, and hospitable innovators.
A Community of Support - Every Dream Centers staff member, volunteer, supporter, and participant is committed to creating a supportive and empowering environment.
Contact information
Mailing address:
Dream Centers of Colorado Springs
11025 Voyager Pkwy
Colorado Springs, CO 80921
Website: dreamcenters.com
Phone: 719-247-2007
Email: [email protected]
Organization details
EIN: 274876080
CEO/President: Matthew Ayers
Chairman: Brady Boyd
Board size: 6
Founder:
Ruling year: 2011
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2019
Purpose
We collaborate, provide holistic care, and balance our motives of compassion and justice in order that broken lives may be restored to wholeness.
Our Vision: We are committed to ending generational poverty and family homelessness in the Pikes Peak Region.
Dream Centers is made up of people with one common goal in mind - leveraging our resources to see our city flourish. We partner with the greater Colorado Springs community to provide holistic care and services with compassion, faith, and justice so that broken lives can be restored to wholeness.
Mission statement
Provide health and hope for people working to rebuild their dreams.
Statement of faith
The Board of Directors and all staff at the Dream Centers of Colorado Springs affirm the Nicene Creed as their corporate Statement of Beliefs.
Nicene Creed
I believe in one God, the Father Almighty, Maker of heaven and earth, and of all things visible and invisible.
And the one Lord Jesus Christ, the only-begotten Son of God, begotten of the Father before all worlds; God of God, Light of Light, very God of very God; begotten, not made, being of one substance with the Father, by whom all things were made.
Who, for us men for our salvation came down from heaven, and was incarnate by the Holy Spirit of the virgin Mary, and was made man; and was crucified also for us under Pontius Pilate; He suffered and was buried; and they third day He rose again, according to the Scriptures' and ascended into heaven, and sits on the right hand of the Father; and He shall come again, with glory, to judge the quick and the dead; whose kingdom shall have no end.
And I believe in the Holy Ghost, the Lord and Giver of Life; who proceeds from the Father [and the Son]; who with the Father and the Son together is worshipped and glorified; who spoke by the prophets.
And I believe one holy catholic and apostolic Church, I acknowledge one baptism for the remission of sin; and I look for the resurrection of the dead, and the life of the world to come. Amen.
Articles
| 3/6/2026 | Orange County Rescue Mission Resigns from ECFA |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1287 of 1420 | 135 of 159 |
| Fund acquisition rating | | 951 of 1420 | 101 of 159 |
| Resource allocation rating | | 1022 of 1420 | 107 of 159 |
| Asset utilization rating | | 1304 of 1421 | 148 of 159 |
According to the organization's Form 990, it received $135,921 in government grants in 2024.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 12% | 15% | 15% | 12% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 12% | 14% | 14% | 12% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 101% | 95% | 97% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 10% | 14% | 12% | 16% | 16% | 12% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | -1% | 5% | 3% | 1% | 1% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 77% | 78% | 72% | 72% | 76% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 91% | 112% | 93% | 75% | 65% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 70% | 88% | 67% | 54% | 49% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 9% | -12% | 7% | 25% | 35% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 5% | -5% | 3% | 12% | 20% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 9% | 9% | 12% | 12% | 12% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.56 | 0.30 | 0.31 | 0.26 | 0.37 | 0.36 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.07 | 7.37 | 10.07 | 8.70 | 2.97 | 4.77 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.05 | 2.24 | 3.12 | 2.29 | 1.09 | 1.74 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.24 | 4.34 | 4.51 | 6.47 | 14.60 | 11.07 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.23 | 0.22 | 0.15 | 0.07 | 0.09 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.18 | 4.13 | 3.00 | 4.42 | 10.22 | 6.28 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 34% | 35% | 35% | 2% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 30% | 32% | 31% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 145% | 219% | 209% | 247% | 266% | 269% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $943,461 | $751,318 | $467,620 | $1,520,946 | $775,755 |
| Receivables, inventories, prepaids | $237,724 | $93,488 | $555,429 | $410,154 | $273,421 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,181,185 | $844,806 | $1,023,049 | $1,931,100 | $1,049,176 |
| Long-term investments | $2,579,608 | $0 | $0 | $0 | $0 |
| Fixed assets | $4,896,288 | $7,553,718 | $7,702,313 | $3,810,810 | $3,955,183 |
| Other long-term assets | $43,799 | $109,543 | $172,077 | $0 | $0 |
| Total long-term assets | $7,519,695 | $7,663,261 | $7,874,390 | $3,810,810 | $3,955,183 |
| Total assets | $8,700,880 | $8,508,067 | $8,897,439 | $5,741,910 | $5,004,359 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $272,364 | $187,345 | $158,112 | $132,283 | $94,752 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $272,364 | $187,345 | $158,112 | $132,283 | $94,752 |
| Debt | $2,607,676 | $2,692,659 | $2,775,025 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $46,266 | $113,419 | $175,866 | $0 | $0 |
| Total long-term liabilities | $2,653,942 | $2,806,078 | $2,950,891 | $0 | $0 |
| Total liabilities | $2,926,306 | $2,993,423 | $3,109,003 | $132,283 | $94,752 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $5,591,449 | $5,417,078 | $4,736,847 | $4,801,155 | $4,637,929 |
| With donor restrictions | $183,125 | $97,566 | $1,051,589 | $808,472 | $271,678 |
| Net assets | $5,774,574 | $5,514,644 | $5,788,436 | $5,609,627 | $4,909,607 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $2,922,375 | $2,235,645 | $2,457,508 | $2,781,651 | $2,775,674 |
| Program service revenue | $210,673 | $125,395 | $63,457 | $30,946 | $25,807 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | ($233,018) | ($679) | $4,067 | ($1,342) | $6,265 |
| Other revenue | $0 | $0 | $0 | $0 | ($6,037) |
| Total other revenue | ($22,345) | $124,716 | $67,524 | $29,604 | $26,035 |
| Total revenue | $2,900,030 | $2,360,361 | $2,525,032 | $2,811,255 | $2,801,709 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $2,035,634 | $2,065,812 | $1,700,501 | $1,525,103 | $1,380,371 |
| Management and general | $247,066 | $241,037 | $280,138 | $247,121 | $224,988 |
| Fundraising | $357,400 | $327,304 | $365,583 | $339,011 | $219,620 |
| Total expenses | $2,640,100 | $2,634,153 | $2,346,222 | $2,111,235 | $1,824,979 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | $259,930 | ($273,792) | $178,810 | $700,020 | $976,730 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $259,930 | ($273,792) | $178,810 | $700,020 | $976,730 |
Compensation
| Name | Title | Compensation |
| Matthew Ayers | Director/Secretary/ CEO | $126,936 |
| Natalie Johnson | Womens Clinic Executive Director | $119,098 |
Compensation data as of: 12/31/2024
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/5/2026. To update the information below, please email: [email protected]
History
Dream Centers' founding vision continues today - to identify and fill the greatest gaps in care-the points of pain-for people suffering in the Pikes Peak region. As a result, our two pillar programs, The Women's Clinic and Mary's Home, were formed.
Now, Dream Centers residents at Mary's Home and patients at the Women's Clinic are rebuilding their dreams. They are becoming hopeful, helpful, and healthier to create a better life for their families, and build a better community for all.