Dreams Come True Of Louisiana Inc
- Assets
- $300.2k
- Revenue
- $328.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Youngsville, LA
- Founding
- 04/1983
- Data as of
- 12/2021
- EIN
- 72-0954216
Organization Overview
Dreams Come True Of Louisiana Inc is located in Youngsville, LA. The organization was established in 1983. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Dreams Come True Of Louisiana Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dreams Come True Of Louisiana 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 12/2021, Dreams Come True Of Louisiana Inc generated $328.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $355.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DREAMS COME TRUE WAS FOUNDED FOR THE SOLE PURPOSE OF PROVIDING DREAMS TO CHILDREN WITH LIFE-THREATENING ILLNESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DREAMS COME TRUE WAS FOUNDED FOR THE SOLE PURPOSE OF PROVIDING DREAMS TO CHILDREN WITH LIFE-THREATENING ILLNESSES. IN 2020, 34 DREAMS WERE PROVIDED TO CHILDREN WITH LIFE-THREATENING ILLNESSES. WHILE MOST OF THE CHILDREN RESIDE IN BATON ROUGE AND SURROUNDING AREAS, DREAMS ARE GRANTED TO CHILDREN LIVING ANYWHERE IN THE STATE OF LOUISIANA. APPROXIMATELY 50 TO 75 DREAMS ARE GRANTED ANNUALLY. DREAMS INCLUDE PETS, FURNITURE, SHOPPING SPREES, MUSICAL INSTRUMENTS, PLAYGROUND EQUIPMENT, DISNEY WORLD TRIPS, ABOVE GROUND POOLS, COMPUTERS, TVS AND ELECTRONICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Prejean Executive Di | OfficerTrustee | 40 | $50,000 |
Freddye Smith Treasurer | Officer | 20 | $30,750 |
Ryan Leblanc President | Officer | $0 | |
Robert Lemoine Officer | Officer | $0 | |
Dawn Pevey Officer | Officer | $0 | |
Stephanie Rodrigue Secretary | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,982 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,982 |
| Total Program Service Revenue | $0 |
| Investment income | $3,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $220,324 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $328,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $216,589 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,750 |
| Compensation of current officers, directors, key employees. | $20,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,191 |
| Payroll taxes | $6,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,445 |
| Office expenses | $8,878 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,429 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $18,217 |
| All other expenses | $286 |
| Total functional expenses | $355,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,063 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,118 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $300,181 |
| 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 | $300,181 |
| 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 | $300,181 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Dreams Come True Of Louisiana Inc has recieved totaling $8,379.
| Awarding Organization | Amount |
|---|---|
Arena Energy Foundation The Woodlands, TX PURPOSE: CHILD ADVOCACY - SPONSORING A DREAM | $5,000 |
Mystic Krewe For The Preservation Of Lagniappe In Louisiana Baton Rouge, LA PURPOSE: SOCIAL SERVICES | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $447 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $432 |
Peer Organizations
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|---|---|---|
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Make-A-Wish Foundation Of North Texas Addison, TX | $21,159,028 | $8,755,280 |
Make-A-Wish Foundation Of The Texas Gulf Coast And Louisiana Inc Stafford, TX | $22,719,478 | $5,220,215 |
Ronald Mcdonald House Charities Of Central Texas Inc Austin, TX | $17,997,116 | $6,555,787 |
Make-A-Wish Foundation Of Central Austin, TX | $4,211,146 | $4,525,979 |
Ronald Mcdonald House Of Fort Worth Inc Fort Worth, TX | $17,321,969 | $3,632,287 |
Childrens Association For Maximum Potential Inc San Antonio, TX | $10,127,522 | $2,590,563 |
Ronald Mcdonald House Of Dallas Inc Dallas, TX | $6,284,983 | $3,046,161 |
Sunshine Kids Foundation Houston, TX | $8,238,384 | $4,442,939 |
Rmhc Of Arkoma Inc Springdale, AR | $5,892,878 | $2,472,028 |
Ronald Mcdonald House Charities Of San Antonio Texas Inc San Antonio, TX | $13,214,084 | $3,250,238 |