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Nonprofiteer
← DREAM ON 3

Form 990 for tax year 2024

Filed by DREAM ON 3.

Totals

Total revenue
$3,047,861
Total expenses
$3,187,170
Contributions and grants received
$2,614,888
Grants paid
$0
Program service revenue
$0
Investment income
$74,289
Other revenue
$358,684
Total assets, end of year
$942,195
Total liabilities, end of year
$519,878
Net assets or fund balances, end of year
$422,317
Program services expenses (Part IX)
$2,114,176
Management and general expenses
$416,436
Fundraising expenses
$656,558
Program service expenses (Part III)
$2,114,176

Program services were 66.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,282,722

  • 1f · All other contributions, gifts and grants

    $1,332,166

  • 1g · Noncash contributions included above

    $186,826

  • 3 · Investment income

    total $74,289 · excluded $74,289

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $887,102

  • 8a · Fundraising events: contributions included on line 1c

    $1,282,722

  • 8b · Fundraising events: direct expenses

    $533,217

  • 8c · Net income from fundraising events

    total $353,885

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Other income

    total $4,799 · related or exempt $4,799

  • 11e · Other revenue, total

    $4,799

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $818,406 · program services $629,950 · management and general $93,130 · fundraising $95,326

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $279,836 · program services $215,398 · management and general $31,843 · fundraising $32,595

  • 10 · Payroll taxes

    total $302,299 · program services $232,688 · management and general $34,400 · fundraising $35,211

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $111,047 · program services $1,508 · management and general $91,673 · fundraising $17,866

  • 12 · Advertising and promotion

    total $433,803 · program services $17,649 · management and general $3,412 · fundraising $412,742

  • 13 · Office expenses

    total $45,352 · program services $1,149 · management and general $41,487 · fundraising $2,716

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $51,058 · management and general $39,704 · fundraising $11,354

  • 17 · Travel

    total $481,917 · program services $474,387 · management and general $3,765 · fundraising $3,765

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $5,453 · program services $3,955 · management and general $552 · fundraising $946

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Other Expenses

    total $170,381 · program services $104,502 · management and general $53,534 · fundraising $12,345

  • 24b · Other expenses: In-kind goods

    total $156,529 · program services $128,263 · fundraising $28,266

  • 24c · Other expenses: Program Supplies

    total $123,268 · program services $123,268

  • 24d · Other expenses: Photography and wedding

    total $119,326 · program services $119,326

  • 24e · All other expenses

    total $88,495 · program services $62,133 · management and general $22,936 · fundraising $3,426

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $86,310 · end of year $109,031

  • 2 · Savings and temporary cash investments

    beginning of year $448,637 · end of year $153,175

  • 3 · Pledges and grants receivable

    beginning of year $24,250 · end of year $144,027

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,500 · end of year $4,000

  • 10a · Land, buildings and equipment: cost or other basis

    $25,198

  • 10b · Land, buildings and equipment: accumulated depreciation

    $18,722

  • 10c · Land, buildings and equipment, net

    beginning of year $10,794 · end of year $6,476

  • 11 · Investments: publicly traded securities

    beginning of year $61,745 · end of year $113,269

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $501,469 · end of year $412,217

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,456 · end of year $72,840

  • 25 · Other liabilities

    beginning of year $522,623 · end of year $447,038

  • 27 · Net assets without donor restrictions

    beginning of year $398,196 · end of year $201,932

  • 28 · Net assets with donor restrictions

    beginning of year $163,430 · end of year $220,385

Mission and programs · 2024

Mission

To make dreams come true for children with chronic illness, development disabilities, or life-altering conditions by creating experiences of joy and magic through the world of sports.

  • The Dream Experience - Program serves individuals living with chronic illnesses, intellectual or developmental disabilities or life-altering conditions. Recipients between the ages of 5 and 21 receive a fully customized, VIP experience built around their interests and their ultimate sports dream. Dream On 3 unites the healthcare, business, and sports communities to create these over-the-top experiences. To date we have served over 240 Dream Recipients and their families.

    Expenses $1,372,268 · Revenue $659,733

  • Collegiate Dream Teams - Groups of student leaders that are passionate about helping others in their community work alongside Dream On 3 to plan, market, fundraise, and ultimately fulfill the Dream Experience of an individual living with a life-altering medical condition. Teams consist of 15-20 students from each college. CDT members gain a wealth of real-world career and hands-on experience such as leadership development, team building, and community engagement all while helping someone in their community. The program develops work-related skills such as marketing, branding, public relations, social media, fundraising, donor relations, non-profit management, event planning, and more. We have worked with hundreds of students that have served on 47 CDT teams across various college campuses.

    Expenses $438,270 · Revenue $232,051

  • Jr. Dream Team - The Jr. Dream Team program helps student leaders plan, fundraise, and rally the school to support a fellow classmate living with a life-altering condition. Students work with faculty members and Dream On 3 staff to rally the entire high school in support of their Dream Recipient. Dream On 3 has found that when entire school and supporting community unite in the spirit of inclusion, the result is life-changing. We have worked with hundreds of students on 30 Jr Dream Teams across various high schools.

    Expenses $96,557 · Revenue $84,855

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $87,947 · Grants $39,500

  • Day Dreams - Our Day Dream program serves a larger group of children at an in-person sporting event. We partner with athletes and sports organizations to offer an exclusive, one-time opportunity. Recipients are identified through our referral partners in each chapter area.

    Expenses $83,238 · Revenue $9,500

  • DreamBoxes - The DreamBox program matches community sponsors with children that are confined to their home or hospital rooms. Dream On 3 partners with childrens hospitals for referrals of patients that would benefit from an over-the-top, VIP DreamBox. The items in the box are specifically tailored to the interests of the child based on an application process completed by the family. Boxes are delivered directly to the recipients home or hospital room, bringing a much-needed smile to a young Dreamer. We have created and delivered more than 325 DreamBoxes across our communities.

    Expenses $35,896 · Revenue $3,404

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Ben Allred

    CEO

    Total calculated
    $131,000
    From this org
    $131,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Elizabeth Lindsey

    Executive Dir.

    Total calculated
    $90,302
    From this org
    $82,775
    From related orgs
    $0
    Other
    $7,527
    Hours/week
    40
  • Meghan Huffman

    Chair

    Total calculated
    $0
    Hours/week
    2.5
  • Brandon Lindsey

    President

    Total calculated
    $0
    Hours/week
    2.5
  • Steve OBrien MD

    Vice President

    Total calculated
    $0
    Hours/week
    2.5
  • Devin Hays

    Secretary

    Total calculated
    $0
    Hours/week
    2.5
  • Dale Fite

    Treasurer

    Total calculated
    $0
    Hours/week
    2.5
  • Mihret Hamda

    Board Member

    Total calculated
    $0
    Hours/week
    2.5
  • James Ross

    Board Member

    Total calculated
    $0
    Hours/week
    2.5
  • Julia Whitcomb

    Board Member

    Total calculated
    $0
    Hours/week
    2.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
23 January 2026
IRS schema version
2024v5.2
Source object
202630239349300523

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