Foundation For Dreams Inc
- Assets
- $2.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 80
- Location
- Bradenton, FL
- Founding
- 12/1996
- Data as of
- 09/2022
- EIN
- 65-0704986
Organization Overview
Foundation For Dreams Inc is located in Bradenton, FL. The organization was established in 1996. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 09/2022, Foundation For Dreams Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Dreams Inc 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 09/2022, Foundation For Dreams Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $763.6k during the year ending 09/2022. While expenses have increased by 5.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CELEBRATE THE ABILITIES AND DEVELOP THE STRENGTHS OF CHILDREN WITH SPECIAL NEEDS AND CHRONIC ILLNESSES AGES 7-17 BY COLLABORATING WITH FAMILIES TO PROVIDE INDIVIDUALIZED RESULT-BASED GOALS, FAMILY SUPPORT, AND RECREATION IN A CAMP ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A CAMP WITH FUN, EDUCATIONAL, RECREATIONAL EXPERIENCES TO ENHANCE THE LIVES OF CHILDREN AGES 7-17 WITH PHYSICAL DISABILITIES AND SERIOUS ILLNESSES. OVER 800 CHILDREN ATTENDED CAMPS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Cassella Executive Director | Officer | 40 | $115,660 |
Elizabeth Kemper Murphy Vice Chair | OfficerTrustee | 4 | $0 |
Michelle Jimenez-Baserva Secretary | OfficerTrustee | 4 | $0 |
Annette Larkin Chair | OfficerTrustee | 4 | $0 |
Ronald Lipker Treasurer | OfficerTrustee | 4 | $0 |
Matt Faul Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,012 |
| All other contributions, gifts, grants, and similar amounts not included above | $625,600 |
| Noncash contributions included in lines 1a–1f | $8,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $855,612 |
| Total Program Service Revenue | $130,848 |
| Investment income | $648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,295 |
| Net Income from Fundraising Events | $53,891 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,047,867 |
| 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. | $130,929 |
| Compensation of current officers, directors, key employees. | $12,056 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $291,364 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,458 |
| Payroll taxes | $42,947 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,313 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,426 |
| Office expenses | $10,551 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,884 |
| Travel | $1,696 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,019 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,768 |
| Insurance | $23,707 |
| All other expenses | $2,727 |
| Total functional expenses | $763,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,718 |
| Savings and temporary cash investments | $336,870 |
| Pledges and grants receivable | $433,583 |
| Accounts receivable, net | $45,305 |
| 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 | $18,103 |
| Net Land, buildings, and equipment | $1,143,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,175,063 |
| Accounts payable and accrued expenses | $12,278 |
| Grants payable | $0 |
| Deferred revenue | $57,873 |
| 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 | $70,151 |
| Net assets without donor restrictions | $2,104,912 |
| Net assets with donor restrictions | $0 |
| 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 | $2,175,063 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Dreams Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Wilson - Wood Foundation Inc Nokomis, FL PURPOSE: CAMPERSHIPS FOR CHILDREN WITH SPECIAL NEEDS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miami Cancer Institute At Baptist Health Inc Coral Gables, FL | $26,197,765 | $83,763,407 |
Trenton Medical Center Inc High Springs, FL | $64,420,086 | $51,939,000 |
Walker Cancer Research Institute Inc Boynton Beach, FL | $8,994,408 | $4,172,874 |
Liga Contra El Cancer Inc League Against Cancer Inc Miami, FL | $7,622,962 | $2,862,537 |
Camp Sunshine Inc Decatur, GA | $16,568,676 | $3,692,986 |
Force-Facing Our Risk Of Cancer Empowered Tampa, FL | $2,528,363 | $2,341,227 |
Promise Fund Of Florida Inc Palm Beach, FL | $5,308,988 | $5,035,813 |
Gildas Club Of South Florida Inc Fort Lauderdale, FL | $6,828,007 | $3,397,989 |
Florida Society Of Clinical Oncology Inc Riverview, FL | $3,143,681 | $1,540,570 |
Horizons Community Solutions Inc Albany, GA | $1,130,013 | $1,343,214 |
Cancer Alliance Of Naples Inc Bonita Springs, FL | $1,646,387 | $1,757,016 |
Joy To Life Foundation Montgomery, AL | $618,016 | $878,106 |