Chasin a Dream Foundation Inc

What it reported doing in 2025

Since its founding in 2017, chasin a dream foundation has distributed more than $1.8 million in direct financial assistance to local families. The foundation currently assists an average of 120 families each year and serves more than 700 children diagnosed with cancer, congenital heart disease, cerebral palsy, epilepsy, muscular dystrophy, cystic fibrosis, spinal cord injuries, genetic disorders, traumatic brain injuries, rare diseases, and other complex medical conditions. The foundation has distributed more than 630 hospital backpacks, matched 12 children with service dogs, provided mental wellness services to 53 parents through the mindful haven program, and is supported by more than 400 volunteers. Chasin a dream foundation provides direct financial assistance to children battling life-threatening illnesses and disabilities throughout palm beach, martin, and st lucie counties. A childs diagnosis often creates immediate financial hardship as parents reduce their work hours or leave their employment to become full-time caregivers. Through the critical need program, the foundation helps ensure that families can focus on their childs medical care rather than the financial burden of illness. Direct assistance is provided for rent or mortgage payments, utilities, food, transportation to medical appointments, specialized medical equipment, home modifications, wheelchair ramps, vehicle adaptations, and other essential needs not covered by insurance. The service dog program provides professionally trained service dogs to children living with life-threatening illnesses and disabilities who can benefit from task-specific assistance. These specially trained dogs help children with a variety of medical conditions, including seizure disorders, and other complex medical needs. Service dogs provide both practical assistance and emotional support, helping children gain greater independence, confidence, and safety while improving their overall quality of life. Chasin a dream foundation partners with professional trainers to ensure each dog receives extensive training based on the individual needs of the child. Dogs are trained to perform specialized tasks such as alerting to medical episodes, providing stability and mobility support, assisting with daily activities, and offering calming companionship during medical treatments and recovery. To date, the foundation has matched 12 children with professional trained service dogs. These life-changing partnerships provide lasting physical, emotional, and therapeutic benefits to both the child and their family, while reducing caregiver stress and enhancing the childs ability to participate more fully in daily life.

Financial Efficiency

• Mission deployment rate: 64.5%; rating input score 65
• Program expense ratio: 93.4%; rating input score 93
• Fundraising efficiency: $42.93 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.2%; rating input score 99; 52nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 34%; rating input score 84; 84th percentile among comparable filings
• Total-asset coverage ratio: 2.38; rating input score 69; 69th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 45; 45th percentile among comparable filings
• Officer compensation ratio: 11.6%; rating input score 33; 33rd percentile among comparable filings

Growth

• Program expense growth: 22% per year; rating input score 100; 82nd percentile among comparable filings
• Revenue growth: 25.6% per year; rating input score 100; 88th percentile among comparable filings
• Asset growth: 35.8% per year; rating input score 100; 92nd percentile among comparable filings