Overview
What is Precious Dreams Foundation?
The Precious Dreams Foundation is a nonprofit organization situated in New York City, specifically at 116 East 27th Street, Suite 10th F. Their primary mission is to offer comfort items and programs that foster the aspirations of children and young adults residing in foster care and homeless shelters. Through various initiatives, such as yoga, journaling, meditation exercises, and pillowcase decorating, they empower these individuals to discover their dreams and work towards their fulfillment. Their newest program, Humble Dreams Initiative, provides financial support and mentorship for teens and young adults to recognize and actualize their dreams. The foundation employs a team of four individuals dedicated to its cause.
Official website here: www.preciousdreamsfoundation.org
Is Precious Dreams Foundation legitimate?
Precious Dreams Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precious Dreams Foundation 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: $85,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,160
For more financial information, click here
Official website here: www.preciousdreamsfoundation.org
What is the mission statement of Precious Dreams Foundation?
The Precious Dreams Foundation's mission revolves around providing comfort items and programs to support the aspirations of children and young adults in foster care and homeless shelters. Their objective is to empower these youth to find solace and identify paths towards their dreams. They accomplish this through various programs such as yoga, journaling, meditation exercises, and pillowcase decorating. Their latest initiative, the Humble Dreams Initiative, is a cohort designed for teens and young adults, offering financial support and mentorship to help them recognize and actualize their dreams.
Official website here: www.preciousdreamsfoundation.org
Who is the CEO of Precious Dreams Foundation?
Nicole Russell is the Executive Director of Precious Dreams Foundation.
Official website here: www.preciousdreamsfoundation.org
What is the revenue of Precious Dreams Foundation?
Precious Dreams Foundation's revenue in 2022 was $409,688.
Official website here: www.preciousdreamsfoundation.org
Who are the executives of Precious Dreams Foundation and what are their salaries?
The average compensation at Precious Dreams Foundation during 2022 was $41,078. There are 4 employees at Precious Dreams Foundation.
Here are 6 key members and their salaries:
- Compensation: $85,154
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.preciousdreamsfoundation.org
Where can I find the form 990 for Precious Dreams Foundation?
Precious Dreams Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preciousdreamsfoundation.org
Learn more at the official website: www.preciousdreamsfoundation.org
Mission Statement of Precious Dreams Foundation
Precious Dreams Foundation, a nonprofit organization, is dedicated to providing comfort items and programs that support the aspirations of children and young adults in foster care and homeless shelters. The mission of this organization is to empower these vulnerable youth by offering initiatives such as yoga, journaling, meditation exercises, and pillowcase decorating. Their newest program, known as the Humble Dreams Initiative, is a cohort designed for teenagers and young adults. This program provides financial support and mentorship, enabling them to recognize their dreams and work towards making them a reality. Through these programs, Precious Dreams Foundation aims to uplift and inspire these children and young adults, helping them to envision and pursue their dreams.
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Impact
October, 2024
Precious Dreams Foundation significantly impacts the lives of children and young adults in foster care and homeless shelters by providing them with essential comfort items and empowering programming. Their efforts focus on fostering self-comfort and helping youth identify and pursue their dreams.
Through various programs, such as yoga, journaling, meditation exercises, and pillowcase decorating, participants learn to express themselves and find solace in creative outlets. The foundation's newest initiative, the Humble Dreams Initiative, offers financial support and mentorship to teens and young adults, guiding them in recognizing their aspirations and taking actionable steps towards achieving them.
With a strong presence in New York, Precious Dreams Foundation's work not only provides immediate comfort but also equips young individuals with the tools and confidence to envision and work towards a brighter future. The blend of practical support and holistic programming creates a nurturing environment that encourages resilience and dreams among vulnerable youth.
This information is meant to be a general summary of Precious Dreams Foundation. 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.
- Gross Receipts: $409,688
Assets and Liabilities:
- Total Assets: $264,733
- Total Liabilities: $9,335
- Net Assets: $255,398
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Organization Details
Founding Year
2012
Principal Officer
Nicole Russell
Main Address
116 EAST 27TH STREET STE 10TH F, New York, NY, 10016
NTEE Category
Code: T30 - Philanthropy
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