Overview
What is Dreams Come True Of Louisiana Inc?
Dreams Come True of Louisiana Inc. is a compassionate nonprofit organization based in Youngsville, Louisiana. Established with the primary mission of granting dreams to children battling life-threatening illnesses, the organization has been making a difference in children's lives since its inception. In 2020 alone, 34 dreams were fulfilled, and the organization aims to grant around 50 to 75 dreams annually. Their reach extends beyond the Baton Rouge area, offering their services to children across Louisiana. The dreams they fulfill range from practical necessities like furniture and electronics to more joyful experiences such as trips to Disney World or acquiring musical instruments. Despite the challenges these children face, Dreams Come True of Louisiana Inc. strives to bring a spark of joy and happiness into their lives.
Official website here: www.dreamscometrueinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Dreams Come True Of Louisiana Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting concerns regarding its transparency and governance practices. While the organization scored perfectly for accountability and finance, it fell short in several critical areas, such as conflict of interest policies and financial statements, which suggests a need for better oversight and documentation.
The nonprofit demonstrates strong program efficiency, with a program expense ratio of 84.37%, indicating that a significant portion of its expenses directly supports its charitable mission. Additionally, the organization has a high score for independent board membership, which indicates a commitment to governance. However, the lack of essential policies and public financial statements could hinder stakeholder confidence.
While the organization appears to effectively utilize funds for its programs, the noted weaknesses in governance and documentation are important for potential donors and beneficiaries to consider. Improving these areas may enhance the organization’s credibility and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Dreams Come True Of Louisiana Inc legitimate?
Dreams Come True Of Louisiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreams Come True Of Louisiana 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: $57,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $870
For more financial information, click here
Official website here: www.dreamscometrueinc.org
What is the mission statement of Dreams Come True Of Louisiana Inc?
Dreams Come True of Louisiana Inc was established with the primary objective of granting dreams to children battling life-threatening illnesses. The organization's mission is centered around providing these children with memorable experiences that bring joy and hope into their lives. In 2020, 34 dreams were fulfilled, reaching children beyond the Baton Rouge area, extending to any child residing in Louisiana. Annually, around 50 to 75 dreams are granted, encompassing a wide range of wishes such as pets, furniture, shopping sprees, musical instruments, playground equipment, Disney World trips, and electronic devices.
Official website here: www.dreamscometrueinc.org
What is the revenue of Dreams Come True Of Louisiana Inc?
Dreams Come True Of Louisiana Inc's revenue in 2024 was $744,099.
Official website here: www.dreamscometrueinc.org
Who are the executives of Dreams Come True Of Louisiana Inc and what are their salaries?
The average compensation at Dreams Come True Of Louisiana Inc during 2024 was $29,425. There are 2 employees and 60 volunteers at Dreams Come True Of Louisiana Inc.
Here are 8 key members and their salaries:
- Compensation: $57,980
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Official website here: www.dreamscometrueinc.org
Where can I find the form 990 for Dreams Come True Of Louisiana Inc?
Dreams Come True Of Louisiana Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.dreamscometrueinc.org
Learn more at the official website: www.dreamscometrueinc.org
Mission Statement of Dreams Come True Of Louisiana Inc
Dreams Come True of Louisiana Inc, a renowned organization, was established with a sole purpose: to grant dreams to children battling life-threatening illnesses. This nonprofit organization, in 2020 alone, fulfilled 34 such dreams for these children, extending its reach beyond the Baton Rouge area to encompass the entire state of Louisiana. On average, around 50 to 75 dreams are brought to life annually through this selfless initiative. The dreams that Dreams Come True of Louisiana Inc fulfills vary widely, ranging from pets and furniture to shopping sprees, musical instruments, playground equipment, Disney World trips, above-ground pools, computers, TVs, and electronics. The organization's mission is a testament to its commitment to bringing joy and hope to the lives of these brave children during their challenging times.
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Impact
July, 2024
Dreams Come True Of Louisiana Inc has a significant impact on children with life-threatening illnesses by providing them with personalized dreams. In 2020 alone, 34 dreams were fulfilled for these children, ranging from pets and furniture to trips to Disney World and musical instruments. The organization's reach extends beyond Baton Rouge, where most children reside, to encompass the entire state of Louisiana. With an average of 50 to 75 dreams granted each year, Dreams Come True Of Louisiana Inc brings joy and hope to these children and their families during challenging times.
This information is meant to be a general summary of Dreams Come True Of Louisiana 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 2024.
- Investment Income: $25,735
- Gross Receipts: $844,035
Assets and Liabilities:
- Total Assets: $492,468
- Total Liabilities: $0
- Net Assets: $492,468
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Organization Details
Founding Year
1982
Principal Officer
Becky Prejean
Website
www.dreamscometrueinc.orgNTEE Category
Code: E86 - Health
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