Overview
What is Cincinnati Dreams Come True Inc?
Cincinnati Dreams Come True Inc is a nonprofit organization based in Cincinnati, Ohio. Their primary mission is to help children who are financially disadvantaged or battling severe illnesses by fulfilling their dreams. These dreams can range from trips, educational assistance, clothing, computers, toys, to covering living expenses. The organization's activities are aligned with this purpose, aiming to provide aid to those in need and carry out activities that support this cause. The dream program, run by Cincinnati Dreams Come True Inc, strives to bring joy and relief to these children during challenging times.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star Rating
Cincinnati Dreams Come True Inc has received a low rating of 57%, which is a One-Star rating, primarily due to significant shortcomings in governance and transparency. The score reflects a complete reliance on the Accountability & Finance beacon and highlights critical areas such as the lack of independent board members, poor documentation practices, and missing essential policies that contribute to effective nonprofit governance.
The organization did score well in certain financial metrics, boasting a program expense ratio of 80.55%, indicating that a substantial portion of its expenses is directed toward its programs. Additionally, it holds a favorable liabilities to assets ratio of 0.00%, suggesting a solid financial standing in terms of its obligations. However, these strengths are overshadowed by the deficiencies in accountability measures, such as the absence of a whistleblower policy and missing board meeting minutes.
Overall, while Cincinnati Dreams Come True Inc demonstrates a commitment to its programmatic goals, the organizational weaknesses in governance and transparency could raise concerns for potential donors and stakeholders. Addressing these issues could greatly improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Cincinnati Dreams Come True Inc legitimate?
Cincinnati Dreams Come True Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Dreams Come True 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: $0
For more financial information, click here
What is the mission statement of Cincinnati Dreams Come True Inc?
Cincinnati Dreams Come True Inc's mission is centered around providing assistance to children who are facing serious illnesses and are in need. The organization conducts activities that align with this purpose. Specifically, they aim to make the dreams of these children come true, which could range from trips, educational assistance, to living expenses, among other things. To be eligible, children must be financially disadvantaged or diagnosed with a life-threatening illness. The Dreams Come True program is a key part of their efforts, allowing them to grant these wishes and bring joy into the lives of these children.
Who is the CEO of Cincinnati Dreams Come True Inc?
Barbara Wittenbaum is the President of Cincinnati Dreams Come True Inc.
What is the revenue of Cincinnati Dreams Come True Inc?
Cincinnati Dreams Come True Inc's revenue in 2022 was $34,130.
Who are the executives of Cincinnati Dreams Come True Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Cincinnati Dreams Come True Inc?
Cincinnati Dreams Come True Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cincinnati Dreams Come True Inc
Cincinnati Dreams Come True Inc is a nonprofit organization dedicated to assisting those in need, particularly children who are battling serious illnesses. Their mission is to provide aid and engage in activities that align with this purpose. In simpler terms, Cincinnati Dreams Come True Inc aims to make the dreams of these children come true, whether it's through trips, essential items like clothing and computers, educational assistance, or help with living expenses. To be eligible, children must be facing financial hardship and/or battling a life-threatening illness. The organization's 'Dreams' program is a testament to their commitment, offering a wide range of assistance to bring joy and relief to these young individuals during challenging times.
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Impact
August, 2024
Cincinnati Dreams Come True Inc has a profound impact on the community by making the dreams of children facing poverty and serious illness come true. Through their Dreams Come True program, they provide a range of support including trips, clothing, computers, toys, education assistance, and living expenses to eligible children. By fulfilling these dreams, the organization brings hope, joy, and relief to those in need, ultimately making a meaningful difference in the lives of vulnerable children in Cincinnati.
This information is meant to be a general summary of Cincinnati Dreams Come True 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.
- Investment Income: $41
- Gross Receipts: $34,130
Assets and Liabilities:
- Total Assets: $802,617
- Total Liabilities: $0
- Net Assets: $802,617
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Organization Details
Principal Officer
Barbara Wittenbaum
Main Address
PO BOX 42890, CINCINNATI, OH, 45242
NTEE Category
Code: E86Z - Health
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