Overview
What is The Dream Factory Inc?
The Dream Factory Inc, located in Louisville, Kentucky, serves as a compassionate nonprofit organization dedicated to granting dreams to critically and chronically ill children. Based at 410 W Chestnut Street 530, this esteemed organization strives to bring joy and hope to these children by fulfilling their heartfelt wishes. Through its mission, The Dream Factory Inc plays a significant role in uplifting and providing a much-needed respite to these young individuals and their families during challenging times.
Official website here: www.dreamfactoryinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Dream Factory Inc has achieved an impressive 100% score from Charity Navigator, indicating exceptional performance in both accountability and finance, as well as leadership and adaptability. This high rating reflects their robust governance structures, including a fully independent board of 42 members and comprehensive policies in place for conflict of interest, whistleblowing, and document retention. Their financial management is also commendable, with a program expense ratio of 95.19%, meaning that the vast majority of their funds go directly toward their mission-driven programs.
User feedback on platforms like Great Nonprofits reinforces the positive impression of The Dream Factory Inc, with board members praising the organization’s dedication and urging for community support to further their initiatives. The organization has demonstrated a strong commitment to transparency and ethical financial practices, which is crucial for maintaining donor trust and ensuring long-term sustainability.
While the current data highlights significant strengths, users have not indicated any notable limitations or areas for improvement. The Dream Factory Inc appears to be a well-managed nonprofit that effectively mobilizes resources toward fulfilling its mission, making it a worthy candidate for donations and support from the public.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about The Dream Factory Inc?
100% of reviewers on Facebook recommend The Dream Factory Inc, based on 24 reviews. Here’s a summary of their insights:
The overwhelming sentiment reflects appreciation for the organization’s dedication and sincerity in making a meaningful impact in the lives of those they serve. Many describe The Dream Factory Inc as a group of genuinely generous individuals who are committed to fulfilling dreams, showcasing their selflessness and passion for their mission.
Overall, it is clear that The Dream Factory Inc successfully delivers on its promises, earning the trust and admiration of the community it serves. Reviewers feel positively about the experiences they've had with the organization, highlighting its effectiveness in creating joy and making impactful dreams a reality.
This AI summary has been generated from reviews found on Facebook.
Is The Dream Factory Inc legitimate?
The Dream Factory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dream Factory 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
Official website here: www.dreamfactoryinc.org
What is the mission statement of The Dream Factory Inc?
The Dream Factory Inc, as an organization, is dedicated to granting dreams to critically and chronically ill children. Their mission is centered around providing these children with unforgettable experiences that bring joy, hope, and a temporary escape from their health challenges. By fulfilling these dreams, the organization aims to bring a smile to the faces of these children and their families, offering them a moment of happiness and respite during challenging times. The Dream Factory Inc believes in the power of dreams to uplift spirits and restore faith, making every effort to make these dreams a reality for the children they serve.
Official website here: www.dreamfactoryinc.org
Who is the CEO of The Dream Factory Inc?
Michael Mckenzie is the National President of The Dream Factory Inc. The CEO's salary of The Dream Factory Inc is $0 and their total compensation is $103,887.
Official website here: www.dreamfactoryinc.org
What is the revenue of The Dream Factory Inc?
The Dream Factory Inc's revenue in 2022 was $2,973,080.
Official website here: www.dreamfactoryinc.org
Who are the executives of The Dream Factory Inc and what are their salaries?
There 500 volunteers at The Dream Factory Inc.
Here are 46 key members and their salaries (The Dream Factory Inc's CEO's salary is $0 and their total compensation is $103,887):
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- Compensation: $0
- Related: $100,861
- Other: $3,026
Official website here: www.dreamfactoryinc.org
Where can I find the form 990 for The Dream Factory Inc?
The Dream Factory Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dreamfactoryinc.org
Learn more at the official website: www.dreamfactoryinc.org
Mission Statement of The Dream Factory Inc
The Dream Factory Inc, as a nonprofit organization, is dedicated to granting dreams to critically and/or chronically ill children. This mission is carried out with the primary objective of bringing joy, hope, and a moment of respite to these young individuals who are facing challenging health circumstances. By fulfilling these dreams, The Dream Factory Inc aims to provide these children with an unforgettable experience that can serve as a source of strength and encouragement during their difficult journey. The organization's activities are centered around this mission, working tirelessly to make dreams come true for these deserving children.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Dream Factory Inc's impact lies in the fulfillment of dreams for critically and/or chronically ill children. Through their efforts, they bring moments of joy, hope, and respite to those facing challenging health circumstances. Their work not only grants wishes but also provides tangible and emotional support to children and their families during difficult times.
This information is meant to be a general summary of The Dream Factory 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: $61,999
- Gross Receipts: $3,647,460
Assets and Liabilities:
- Total Assets: $4,700,001
- Total Liabilities: $47,548
- Net Assets: $4,652,453
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(502) 561-3001Principal Officer
Michael Mckenzie
Main Address
410 W CHESTNUT STREET 530, LOUISVILLE, KY, 40202
Website
www.dreamfactoryinc.orgNTEE Category
Code: E86Z - Health
If you are a representative of The Dream Factory Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.