Overview
What is Follow A Dream Inc?
Follow A Dream Inc is a nonprofit organization based in Marstons Mills, Massachusetts, with a mission to educate and motivate individuals with physical disabilities. The organization focuses on inspiring these individuals by showcasing the accomplishments of its founder, Mr. Blake, who, despite being blind, actively operates and maintains a race car. By presenting this example, the organization aims to demonstrate the potential for productivity and fulfillment in the lives of people with disabilities. The organization's activities extend to speaking to various groups, including youth and others with disabilities, to help them overcome their challenges and lead productive lives. The organization operates primarily through speaking engagements and exhibitions, emphasizing the capabilities of disabled individuals and those facing adversity in life.
Official website here: www.followadream.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (51%)
Follow A Dream Inc received a One-Star rating from Charity Navigator, reflecting significant concerns in its accountability and finance practices. The organization's overall score is heavily influenced by its lack of essential policies, such as a conflict of interest policy and a whistleblower policy. Despite having a majority of independent board members, the limited size of the board and a concerning liabilities to assets ratio detract from its financial health assessment.
On a positive note, the organization demonstrates a strong commitment to its program expenses, with a program expense ratio of 94.32%, indicating that it allocates a substantial portion of its funds directly to its mission-related activities. Additionally, there are no reported issues of material diversion of assets, which reassures stakeholders about the integrity of its operations. However, the absence of key governance policies raises potential risks regarding transparency and accountability.
The organization's current fiscal practices suggest a need for improvement in governance structures to enhance its financial accountability. Stakeholders may want to consider these limitations when evaluating their support or engagement with Follow A Dream Inc. Overall, while the organization is dedicated to its mission, the low accountability score indicates that significant improvements are necessary to foster trust and ensure responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Follow A Dream Inc legitimate?
Follow A Dream Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Follow A Dream Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,939
For more financial information, click here
Official website here: www.followadream.org
What is the mission statement of Follow A Dream Inc?
Follow A Dream Inc's mission is to educate and motivate individuals with physical disabilities, with a specific focus on youth groups and those facing various adversities in life. Their primary goal is to assist these individuals in overcoming their disabilities and leading productive, fulfilling lives. They achieve this by speaking to various groups and demonstrating how one can overcome catastrophic physical injury and live an active life, even with disabilities, using Mr. Blake as an example, who successfully operates and maintains a race car despite his blindness. This organization aims to show that disabled individuals can accomplish great things, inspiring others to overcome their own challenges and live life to its fullest potential.
Official website here: www.followadream.org
Who is the CEO of Follow A Dream Inc?
Unavailable
Official website here: www.followadream.org
What is the revenue of Follow A Dream Inc?
Follow A Dream Inc's revenue in 2022 was $75,669.
Official website here: www.followadream.org
Who are the executives of Follow A Dream Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.followadream.org
Where can I find the form 990 for Follow A Dream Inc?
Follow A Dream Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.followadream.org
Learn more at the official website: www.followadream.org
Mission Statement of Follow A Dream Inc
Follow A Dream Inc is an organization dedicated to educating and motivating individuals with physical disabilities. The mission of this nonprofit is to assist those affected by disabilities in overcoming their challenges and living productive, fulfilling lives.
In pursuit of this goal, Follow A Dream Inc speaks to various groups, including youth and other individuals with disabilities. By sharing personal experiences and success stories, the organization aims to inspire and empower these individuals to overcome their limitations. One of the most compelling examples of this is Mr. Blake, who, despite being blind, operates and maintains a race car both in the shop and at the track.
Follow A Dream Inc goes beyond simply offering words of encouragement. The organization sets an example by demonstrating what can be accomplished by disabled individuals and those facing emotional or other adversity in life. By showcasing Mr. Blake's active involvement in the operating and maintaining of the vehicle, despite his lack of sight, the organization conveys the message that adversity can be overcome, and productivity and fulfillment are still within reach. This approach serves as a powerful motivator for those struggling with physical disabilities or other challenges in life.
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Impact
June, 2024
Follow A Dream Inc's impact lies in its ability to inspire and empower individuals with physical disabilities to overcome challenges and live fulfilling lives. By speaking to various groups about overcoming catastrophic physical injuries and demonstrating through example how individuals can achieve great feats despite their limitations, Follow A Dream Inc is able to motivate others to push past their own adversities. Through its mission of assisting youth groups and others with disabilities, Follow A Dream Inc sets a powerful example of resilience and determination, showing that with determination and support, individuals can achieve their goals and lead satisfying lives. Ultimately, Follow A Dream Inc's impact is in its message of hope and possibility for those facing physical and emotional challenges, helping them realize their potential and strive for greatness.
This information is meant to be a general summary of Follow A Dream Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $62,925
- Gross Receipts: $75,669
Assets and Liabilities:
- Total Assets: $22,067
- Total Liabilities: $797,998
- Net Assets: -$775,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPEAKING FEES
Revenue
$51,000
RACE CAR PAYOUT
Revenue
$7,900
T SHIRT REVEUNBE
Revenue
$4,025
Organization Details
Founding Year
1999
Phone
(508) 420-8319Main Address
381 OLD FALMOUTH ROAD, MARSTONS MILLS, MA, 02648
Website
www.followadream.orgNTEE Category
Code: F60 - Mental health
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