Permission To Start Dreaming Foundation
- Assets
- $993.8k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 15
- Location
- Gig Harbor, WA
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 27-5251886
Organization Overview
Permission To Start Dreaming Foundation is located in Gig Harbor, WA. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Permission To Start Dreaming Foundation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Permission To Start Dreaming Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Permission To Start Dreaming Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 23.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PERMISSION TO START DREAMING FOUNDATION IS COMMITTED TO BRINGING OUR NATIONS HEROES ACCESS TO TRANSFORMATIVE CARE THAT WILL STRENGTHEN THEIR LIVES AND THEIR FAMILIES WELL IN TO THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRAYER BREAKFAST, MONTHLY HUDDLE-ALL OF THESE EVENTS WERE TO RAISE AWARENESS AND FUNDS TO SUPPORT MILITARY AND FIRST RESPONDER PERSONNEL AND THEIR FAMILIES CONCERNING POST TRAUMATIC STRESS AND ALTERNATIVE THERAPIES AVAILABLE.
WARRIOR PATHH (PROGRESSIVE & ALTERNATIVE TRAINING HELPING HEROES) IS OUR NATION'S FIRST NON-CLINICAL, PEER-TO-PEER PROGRAM DESIGNED TO CULTIVATE AND FACILITATE POSTTRAUMATIC GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mitchell Director | Trustee | 3 | $0 |
Trish Huff Director | Trustee | 3 | $0 |
Cameron Smith Director | Trustee | 3 | $0 |
Jason Emerson Director | Trustee | 3 | $0 |
Nino Gray Jr Director | Trustee | 3 | $0 |
Mike Flood Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $282,199 |
| Related organizations | $0 |
| Government grants | $1,489,399 |
| All other contributions, gifts, grants, and similar amounts not included above | $294,697 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,066,295 |
| Total Program Service Revenue | $8,635 |
| Investment income | $787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,687 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,059,030 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,250 |
| Compensation of current officers, directors, key employees. | $31,115 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $615,416 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,939 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105 |
| Fees for services: Accounting | $22,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $63,965 |
| Office expenses | $130,324 |
| Information technology | $870 |
| Royalties | $0 |
| Occupancy | $153,265 |
| Travel | $63,491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,238 |
| Insurance | $10,475 |
| All other expenses | $18,580 |
| Total functional expenses | $1,539,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $778,951 |
| Savings and temporary cash investments | $190,852 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,000 |
| Net Land, buildings, and equipment | $22,982 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $993,785 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $335,020 |
| Net assets with donor restrictions | $658,765 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $993,785 |
Grants Awarded
Over the last fiscal year, Permission To Start Dreaming Foundation has awarded $10,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HEARTBEAT SERVING WOUNDED WARRIORS | | | $1,320 |
ALL AMERICAN ASSISTANCE DOGS PURPOSE: PROVIDES SERVICE DOGS FOR VETERANS | $1,760 |
CRISTA CAMPS PURPOSE: PROVIDES CAMPS FOR FAMILIES OF VETERANS | $1,320 |
RACE FOR RELIEF | | | $5,700 |