Sweet Dream Makers Inc
- Assets
- $1.7m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Boca Raton, FL
- Founding
- 11/2016
- Data as of
- 12/2023
- EIN
- 81-3693206
Organization Overview
Sweet Dream Makers Inc is located in Boca Raton, FL. The organization was established in 2016. 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, Sweet Dream Makers Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sweet Dream Makers 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 12/2023, Sweet Dream Makers Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 30.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SWEET DREAM MAKERS' MISSION IS TO IMPROVE THE HEALTH AND WELLNESS OF CHILDREN AND FAMILIES BY PROVIDING, BEDS, BEDDING AND ESSENTIAL FURNITURE. SWEET DREAM MAKERS PROVIDES NEW BEDS AT NO COST TO CHILDREN AND FAMILIES SLEEPING ON THE FLOOR, SHARING BEDS OR SLEEPING IN UNSAFE, UNSANITARY CONDITIONS. EACH CHILD GETS TO CHOOSE THEIR OWN BEDDING TO GO WITH THEIR NEW BED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE PERIOD 1/1/23 12/31/23, SWEET DREAM MAKERS PROVIDED 6,190 NEW BEDS AND BEDDING (INCLUDING A FEW LIKE-NEW BEDS) TO CHILDREN AND THEIR CAREGIVERS. IN ADDITION, SERVICE WAS ALSO EXPANDED TO INCLUDE VETERANS AND SENIOR CITIZENS IN ADULT-ONLY HOUSEHOLDS. FAMILIES IN GREAT NEED ARE REFERRED BY OVER 150 SOCIAL SERVICE AGENCIES IN PALM BEACH, BROWARD AND MIAMI-DADE COUNTIES. OUR SIGNATURE PROGRAM, A BED OF MY OWN IS GENEROUSLY SUPPORTED BY MONETARY CONTRIBUTIONS FROM APPROXIMATELY 1,160 DONORS IN 2023.ADDITIONALLY, IN 2023, OUR WAREHOUSE PROGRAM PROVIDED OVER 1,000 GENTLY USED ESSENTIAL FURNITURE, NEW BEDDING AND HOUSEWARES AT NO COST TO OVER 200 FAMILIES REFERRED BY SOCIAL AGENCIES. IN ORDER TO COLLECT ALL DONATIONS, SWEET DREAM MAKERS HAD CONTACT WITH APPROXIMATELY 175 IN-KIND DONORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Broad Executive Director | 50 | $90,000 | |
Brian Broad President | OfficerTrustee | 10 | $0 |
Leslie Steinberg Treasurer | OfficerTrustee | 7 | $0 |
Debbie Block Secretary | OfficerTrustee | 20 | $0 |
Larry Geller Director | Trustee | 2 | $0 |
Jim Gordon In Memoriam | Trustee | 0 | $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 | $1,480,256 |
| Noncash contributions included in lines 1a–1f | $119,706 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,480,256 |
| Total Program Service Revenue | $0 |
| Investment income | $68,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $612,882 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,161,815 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $89,713 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $4,463 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,821 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| 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 | $9,860 |
| Insurance | $5,025 |
| All other expenses | $47,516 |
| Total functional expenses | $2,295,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $904,995 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $216,950 |
| 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 | $14,530 |
| Net Land, buildings, and equipment | $4,930 |
| Investments—publicly traded securities | $522,513 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,500 |
| Total assets | $1,665,418 |
| Accounts payable and accrued expenses | $189,702 |
| Grants payable | $0 |
| Deferred revenue | $60,477 |
| 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 | $250,179 |
| Net assets without donor restrictions | $1,063,587 |
| Net assets with donor restrictions | $351,652 |
| 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 | $1,665,418 |