Donating Dreams
Nonprofit profile at a glance
- EIN
- 384262733
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Dallas, TX, USA
- Phone
- 2149457313
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Medical Research N.E.C.
Reported finances
- Revenue
- $83,755
- Expenses
- $80,246
- Assets
- $3,509
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- HAN PHAM SCHMIDLY (PRESIDENT)
- CHANDA FULGIUM (VICE PRESIDENT)
People named in this filing
- HAN PHAM SCHMIDLY (PRESIDENT)
- CHANDA FULGIUM (VICE PRESIDENT)
- ALISSA BOGGS (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Donating dreams was formed in 2023 and launched in 2024 with the intent of assisting couples and individuals with financial need in family formation. Families provide the basis of our society, and our goal is to assist individuals who want to pursue their dream of having their own family. Our nonprofit has two arms: the fertility grant program (fgp) and the wedding grant program (wgp). Our goal is to provide fully funded wedding and fertility grants to couples or individuals who meet our need-based criteria.
What it reported doing in 2024
Fertility grant program: within the fertility sector, many aspiring parents spend thousands of dollars on in vitro fertilization attempts, only to learn, often after exhausting their funds or amassing tremendous debt, that their hopes of having children depend upon donor eggs or embryos. Although millions are affected by infertility, coverage for donor egg ivf is scarce and often unattainable. In addition, there are no us-based grant opportunities specifically for donor egg/embryo ivf journeys. Our fully funded donor egg/embryo grant would offer hope and access to aspiring parents who struggle with infertility.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 42
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 4.2%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Review — Sustainability: Operating margin scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.