Overview
What is Dreams Come True Of Jacksonville Inc?
Dreams Come True of Jacksonville Inc., established in 1984, is a compassionate nonprofit organization based in Jacksonville, Florida. The organization's mission is to bring hope and joy to children battling life-threatening illnesses in the First Coast area of Florida and Southeastern Georgia. Founded by Thomas R. McGhee and his wife Delia, Dreams Come True has granted dreams to over 4,700 children since its inception. To be eligible, a child must be between the ages of 2 ½ and 18, diagnosed with a life-threatening illness, and reside or receive treatment in the specified area. The nonprofit operates with a dedicated team of nine employees, working tirelessly to fulfill these dreams.
Official website here: www.dreamscometrue.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Dreams Come True of Jacksonville Inc has achieved a 92% rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization boasts a perfect score in leadership and adaptability, indicating effective governance and responsiveness to challenges, such as adjustments made during the COVID-19 pandemic. The presence of 100% independent board members ensures a high level of oversight and integrity within the organization.
Financially, the charity demonstrates healthy management practices with an impressive program expense ratio of 88.24%, indicating that a significant portion of funds directly supports its mission. Additionally, the fundraising efficiency ratio of $0.08 shows that the organization effectively utilizes its resources to generate donations. With a working capital ratio of 3.63 years, Dreams Come True is well-positioned to sustain its operations and programs long-term.
While the organization shows strong financial health and governance, it is essential for potential supporters to consider ongoing community needs and ensure that the charity continues to adapt and evolve. Overall, Dreams Come True of Jacksonville Inc stands out as a well-managed nonprofit dedicated to fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Dreams Come True Of Jacksonville Inc legitimate?
Dreams Come True Of Jacksonville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreams Come True Of Jacksonville 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: $162,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $471,026
For more financial information, click here
Official website here: www.dreamscometrue.org
What is the mission statement of Dreams Come True Of Jacksonville Inc?
Dreams Come True of Jacksonville Inc's mission is centered around utilizing the power of dreams to bring hope and joy to children battling life-threatening illnesses. Established in 1984, the organization has fulfilled dreams for over 4,700 children, providing a much-needed source of happiness during challenging times. To be eligible, a child must be between the ages of 2 ½ and 18, diagnosed with a life-threatening illness, and either reside or receive treatment in the First Coast area of Florida or Southeastern Georgia. In this current fiscal year, 163 children have been granted their individual dream come true, demonstrating the organization's commitment to bringing joy and hope to these children.
Official website here: www.dreamscometrue.org
Who is the CEO of Dreams Come True Of Jacksonville Inc?
Geoff Neilson is the President of Dreams Come True Of Jacksonville Inc.
Official website here: www.dreamscometrue.org
What is the revenue of Dreams Come True Of Jacksonville Inc?
Dreams Come True Of Jacksonville Inc's revenue in 2023 was $3,301,127.
Official website here: www.dreamscometrue.org
Who are the executives of Dreams Come True Of Jacksonville Inc and what are their salaries?
The average compensation at Dreams Come True Of Jacksonville Inc during 2023 was $70,425. There are 9 employees and 275 volunteers at Dreams Come True Of Jacksonville Inc.
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Official website here: www.dreamscometrue.org
Where can I find the form 990 for Dreams Come True Of Jacksonville Inc?
Dreams Come True Of Jacksonville Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dreamscometrue.org
Learn more at the official website: www.dreamscometrue.org
Mission Statement of Dreams Come True Of Jacksonville Inc
Dreams Come True of Jacksonville, a nonprofit organization established in 1984, harnesses the power of dreams to bring hope and joy to every child battling a life-threatening illness within the First Coast region of Florida and Southeastern Georgia. The mission of this charitable organization is to grant individual dreams to eligible children, aged between 2 1/2 and 18, who have been diagnosed with a serious illness and are receiving treatment in the area. To be considered, children must be referred by their physician. In the current fiscal year, this compassionate organization has fulfilled dreams for 163 children, bringing smiles and momentary respite to their challenging journeys.
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Impact
July, 2024
Dreams Come True Of Jacksonville Inc's impact is profound and touching. Through the power of fulfilling dreams, this organization brings hope and joy to every First Coast child battling a life-threatening illness. Founded in 1984, Dreams Come True has made a significant difference in the lives of over 4,700 children by granting their individual dreams. By focusing on children between the ages of 2 1/2 and 18 who have been diagnosed with life-threatening illnesses, Dreams Come True ensures that these young individuals experience moments of happiness and fulfillment amidst their struggles. In the most recent fiscal year, 163 children were granted their dreams, showcasing the tangible impact this organization has in the community. Dreams Come True Of Jacksonville Inc stands as a beacon of support and comfort for families facing challenging circumstances, embodying the values of compassion and resilience.
This information is meant to be a general summary of Dreams Come True Of Jacksonville 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 2023.
- Investment Income: $329,435
- Gross Receipts: $3,456,512
Assets and Liabilities:
- Total Assets: $10,113,358
- Total Liabilities: $107,168
- Net Assets: $10,006,190
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Organization Details
Founding Year
1984
Phone
(904) 296-3030Principal Officer
Geoff Neilson
Main Address
6803 SOUTHPOINT PARKWAY, JACKSONVILLE, FL, 32216
Website
www.dreamscometrue.orgNTEE Category
Code: E86 - Health
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