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Health : Patient and Family Support

Dream Factory

Make a child's dream come true

four stars

92.63

410 West Chestnut St. Suite 530
Louisville, KY 40202
tel: (502) 561-3001   Web Site
EIN: 61-1220742

Board Leadership
Virginia Avery
Interim President

CEO
Mike McKenzie
National Director/CEO

  Score
(out of 100)
Rating
Overall Score & Rating 92.63 four stars
  Financial 90.38 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Dream Factory began with one all-volunteer chapter in Hopkinsville, KY in 1980. Since then, The Dream Factory has grown into the largest, all-volunteer driven, children's wish-granting organization in the United States. They currently operate with over 30 chapters with hundreds of extremely dedicated volunteers. These hard-working individuals raise funds within their own communities and then use those funds to grant dreams to local children. Ninety percent of all money raised by The Dream Factory is used to grant dreams. The Dream Factory is the only national children's wish-granting organization that does not limit its mission to children who have life-threatening illness. The organization believes children with chronic illnesses and disorders also suffer from substantial emotional and physical pain. We strive to provide hope and relief from the trauma and corresponding stress and depression that both the children and their families can endure on a day-to-day basis.

The Dream Factory began with one all-volunteer chapter in Hopkinsville, KY in 1980. Since then, The Dream Factory has grown into the largest, all-volunteer driven, children's wish-granting organization in the United States. They currently operate with over 30 chapters with hundreds of extremely dedicated volunteers. These hard-working individuals raise funds within their own communities and then use those funds to grant dreams to local children. Ninety percent of all money raised by The Dream Factory is used to grant dreams. The Dream Factory is the only national children's wish-granting organization that does not limit its mission to children who have life-threatening illness. The organization believes children with chronic illnesses and disorders also suffer from substantial emotional and physical pain. We strive to provide hope and relief from the trauma and corresponding stress and depression that both the children and their families can endure on a day-to-day basis.

Impact Information

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This impact information is current as of January 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

90.38

Accountability & Transparency

four stars

96.00

This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
96.1%
  Administrative Expenses 2.7%
  Fundraising Expenses 1.1%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 1.81
  Program Expenses Growth 0.4%
  Liabilities to Assets 1.9%
All data for Financial Performance Metrics calculations was provided by Dream Factory on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Dream Factory on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Dream Factory (KY) 92.63 four stars
Starlight Children's Foundation (CA) 97.07 four stars
The Rainbow Connection (MI) 94.16 four stars
Make-A-Wish Foundation of Nebraska (NE) 91.80 four stars
enCourage Kids Foundation (NY) 94.64 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,504,683
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $983,415
   Related Organizations $0
   Government Grants $0
Total Contributions $2,488,098
   Program Service Revenue $0
Total Primary Revenue $2,488,098
   Other Revenue $47,964
TOTAL REVENUE $2,536,062
   
EXPENSES  
   Program Expenses $2,197,942
   Administrative Expenses $67,848
   Fundraising Expenses $24,395
TOTAL FUNCTIONAL EXPENSES $2,290,185
   
Payments to Affiliates $191,670
Excess (or Deficit) for the year $245,877
   
Net Assets $4,201,442

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Granting Dreams $2,197,942 100.0%

Ratings History
Dream Factory has received 8 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-08 11/01/2019 92.63 four stars
2017-08 08/01/2018 92.38 four stars
2016-08 05/01/2017 91.77 four stars
2015-08 07/01/2016 97.17 four stars
2014-08 06/01/2016 94.11 four stars
 
CN 2.0
2014-08 09/01/2015 90.95 four stars
2013-08 09/01/2014 98.55 four stars
2012-08 08/01/2013 90.89 four stars
2011-08 04/01/2012 90.97 four stars
2010-08 09/20/2011 71.56 two stars
 
CN 1.0
2009-08 09/01/2010 80.33 three stars
2008-08 09/01/2009 94.23 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 61-1220742
Name in IRS Master File DREAM FACTORY INC
NTEE Code E86
NTEE Classification Patient Services - Entertainment, Recreation
NTEE Type Health - General and Rehabilitative
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (561) Gifts or grants to individuals (other than scholarships)
(349) Other youth organization or activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Subordinate - the organization is a subordinate in a group ruling.
Group Name DREAM FACTORY INC
Ruling Date February, 1991
Filing Requirement 990 - Group return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2017
  • August, 2016
  • August, 2015
  • August, 2014
  • August, 2013
Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Ellen Wilson Interim National Director $47,550

Highly Rated

Charity Name & State Overall Score Overall Rating
Dream Factory (KY) 92.63 four stars
Make-A-Wish Arizona (AZ) 87.47 three stars
Make-A-Wish Foundation of Utah (UT) 89.25 three stars
Dream Foundation (CA) 85.20 three stars
Make-A-Wish Tri-Counties (CA) 89.21 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Dream Factory
410 West Chestnut St.
Suite 530
Louisville, KY 40202
tel: (502) 561-3001
fax: (502) 561-3004
EIN: 61-1220742

Visit Web Site

Board Leadership

Virginia Avery
Interim President

CEO

Mike McKenzie
National Director/CEO

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