Dream Day Foundation Inc
Nonprofit profile at a glance
- EIN
- 721315330
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Baton Rouge, LA, USA
- Phone
- 2257545700
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Patient Services - Entertainment, Recreation
Reported finances
- Revenue
- $497,110
- Expenses
- $425,046
- Assets
- $545,157
- Liabilities
- $6,540
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Martha Engquist (President)
- Tessa Holloway (Vice President)
- Tiffany Mansur Graves (Executive Director)
Highest reported compensation
- Tiffany Mansur Graves (Executive Director): $85,000 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 Day Foundation provides fundraisers in an effort to make contributions to St. Jude Research Hospital; also, the Foundation has special events for children impacted by cancer. These events are supported by contributions by individuals and companies.
What it reported doing in 2024
Fishin' Galore is a program hosted for more than 100 current, former, and bereaved St. Jude Children's Research Hospital patients and their more than 600 family members. Approximately 300 volunteers assist attendees with outdoor activity options such as fishing, archery, and skeet shooting. Other activities offered include arts and crafts projects, ATV rides, a petting zoo, batting cage, volleyball, photobooth, dancing, games, and more. Patients are provided with a fishing pole, tackle box, tackle, event t-shirt and gift upon arrival. The program allows patient families to experience the day in their own unique way and offers the opportunity to patient families to create joyful experiences, renew their individual well-being on their own terms and share in fellowship with other families facing a childhood cancer or catastrophic disease diagnosis. The activities and food are provided complimentary to the St. Jude families.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.7%; rating input score 68
- Program expense ratio: 77.7%; rating input score 78
- Fundraising efficiency: $10.1 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th 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; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.5%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 1.28; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 20%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 0.3% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 67.7% of revenue deployed · 77.7% of spending went to programs
- Governance: 10 of 10 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $330K in reported program spending
- Leadership: top reported pay $85K · 12 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 19/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.