The Impossible Dream Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050400340 ✦ Warwick, RI ✦ Designated as a 501(c)(3)

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Overview

What is The Impossible Dream Inc?

The Impossible Dream Inc, situated in Warwick, Rhode Island, is a dedicated nonprofit organization that prioritizes the well-being of chronically ill and needy individuals, with a special focus on disabled children. Their mission extends beyond providing aid; they also strive to create an inclusive playground for both physically challenged and able-bodied individuals. This organization serves as a beacon of support and inclusion in the community, working tirelessly to enhance the lives of those in need.

Is The Impossible Dream Inc legitimate?

The Impossible Dream Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Impossible Dream Inc submitted a form 990EZ, 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: $0

For more financial information, click here

What is the mission statement of The Impossible Dream Inc?

The organization known as The Impossible Dream Inc. is dedicated to assisting chronically ill individuals and those in need, with a special focus on providing aid to disabled children. Beyond this, their mission involves the creation of a playground that is inclusive, catering to both physically challenged and able-bodied individuals. The goal is to foster an environment where everyone can enjoy and benefit from the space together.

What is the revenue of The Impossible Dream Inc?

The Impossible Dream Inc's revenue in 2023 was $129,334.

Who are the executives of The Impossible Dream Inc and what are their salaries?

Here are 8 key members and their salaries:


Diane Florio Penza (Executive Director)
  • Compensation: $44,200
  • Related: $0
  • Other: $0
Jean Winter Mcgowan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemarie Fontaine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Lilly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Kilkenny (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcgowan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Malafronte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Shaked (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Impossible Dream Inc?

The Impossible Dream Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of The Impossible Dream Inc

The Impossible Dream, as a nonprofit organization, is dedicated to supporting the chronically ill and needy, with a special focus on disabled children. Beyond this, they strive to foster an inclusive environment by designing a playground suitable for both physically challenged and able-bodied individuals. Their mission is centered around providing aid to those in need and promoting inclusivity through the creation of a shared playground experience.

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Impact




October, 2024

The Impossible Dream Inc. significantly impacts the lives of chronically ill and needy individuals, particularly disabled children. By providing essential aid and support, the organization addresses the unique challenges faced by these children, helping to improve their quality of life.

A key element of their mission is the creation of an inclusive playground designed for both physically challenged and able-bodied individuals. This initiative not only fosters an environment of acceptance and integration but also promotes physical activity and social interaction among children of all abilities. Located in Warwick, RI, The Impossible Dream Inc. plays a vital role in the community by championing inclusivity and creating spaces where children can play together, build friendships, and develop important life skills.

Through its efforts, The Impossible Dream Inc. inspires hope and demonstrates the importance of community support for marginalized groups, making a lasting impact on families and fostering a sense of belonging for all children.




This information is meant to be a general summary of The Impossible 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.

Revenue
$129,334 (2023)
Expenses
$142,275 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $132,931

Assets and Liabilities:

  • Total Assets: $83,016
  • Total Liabilities: $54,187
  • Net Assets: $28,829

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Organization Details

Principal Officer

Diane Florio Penza

NTEE Category

Code: Z99 - Unknown

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