Dream Catchers
Nonprofit profile at a glance
- EIN
- 541692709
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Williamsburg, VA, USA
- Phone
- 7575661775
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $841,912
- Expenses
- $922,549
- Assets
- $1,234,653
- Liabilities
- $246,100
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ROBBY WILLEY (VICE PRESIDENT)
- HENRY BRANSCOME (VICE PRESIDENT)
- MARSHALL WARNER (PRESIDENT)
- NANCY WILLIAMS ESQ (EXECUTIVE DIRECTOR)
Highest reported compensation
- NANCY WILLIAMS ESQ (EXECUTIVE DIRECTOR): $61,538 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Dream catchers (organization), a Virginia nonprofit corporation, provides therapeutic riding lessons and other equine assisted activities and therapies to people with disabilities in the historic triangle (williamsburg, jamestown, yorktown), hampton roads, and richmond regions of Virginia. The organization also hosts and conducts education workshops/certifications for individuals from across the nation seeking knowledge and credentials in equine assisted activities and therapies (eaat). Fees for lessons/services, workshops and charitable contributions provide the financial support. Dream catchers served 1,515 individuals in therapeutic services.
What it reported doing in 2024
Dream catchers (organization), a Virginia nonprofit corporation, provides therapeutic riding lessons and other equine assisted activities and therapies to people with disabilities in the historic triangle (williamsburg, jamestown, yorktown), hampton roads, and richmond regions of Virginia. The organization also hosts and conducts education workshops/certifications for individuals from across the nation seeking knowledge and credentials in equine assisted activities and therapies (eaat). Fees for lessons/services, workshops and charitable contributions provide the financial support. Dream catchers served 1,515 individuals.
Operating model
- Revenue model
- Donor-supported. 61% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 33
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.2%; rating input score 93
- Program expense ratio: 84.9%; rating input score 85
- Fundraising efficiency: $6.47 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -9.6%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 1.34; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 6.7%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: -0.7% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 93.2% of revenue deployed · 84.9% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $783K in reported program spending
- Leadership: top reported pay $62K · 12 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Fundraising efficiency scored 24/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.