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MIP Score

67

Community Building
Small Business Support

Dreamspring

Mission

Dreamspring is a nonprofit community development financial institution (cdfi) and u.s. small business administration (sba) lender dedicated to accelerating the economic inclusion and strength of underserved communities. founded in 1994, the organization provides rapid access to capital and customized wrap-around support to the most vulnerable small business owners in 27 states, focusing on communities including people of color, women, low- to moderate-income earners, people with disabilities, and start-ups. to date, dreamspring has issued more than 48,796 loans totaling over $538 million to small businesses that support an estimated 65,138 jobs.

Basic Information

Tax-Exempt

Address

2000 Zearing Ave NW, Albuquerque, New Mexico, 87104

View all Albuquerque charities

Founded in

1994

EIN

85-0417347

Total Assets

$95.79 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

67

52

/100

Program Expense Ratio

90.10%

20

/20

Program Revenue Growth

1.05%

10

/20

Leverage Ratio

0.608

6

/20

Working Capital Ratio

1.864

14

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants7.822M30.24%
Program Services17.87M69.09%
Investment Income41.89K0.16%
Sales of Non-Inventory Assets18.99K0.07%
Other Notable Sources112.9K0.44%
Total Revenue25.87M100.00%