Dreams and Wishes

Nonprofit profile at a glance

EIN
981763597
IRS 990 coverage
2023–2023
Forms available
Form 990 2023
Location
Newport, Wales, UK
Phone
6263878214
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Gift Distribution

Official website

Reported finances

Revenue
$1,344,300
Expenses
$1,344,300
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • TONY CURTIS (TRUSTEE)
  • BRIDGET ATKINSON (TRUSTEE)
  • JONATHAN COLLINGBOURNE (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dreams and wishes provides children suffering with serious or terminal illness the ability to make their dreams and wishes come true by providing them with gifts, activities, events, celebrity meet and greets, and holidays. The organization also hosts multiple parties for the children and their families, and supplies items such as chemo ducks and easter eggs to hospitals.

What it reported doing in 2023

In 2023, the dreams and wishes successfully fulfilled hundreds of dreams and wishes, creating life-long memories for children and their families facing serious illnesses. We organized numerous family day trips and events, allowing families to come together and enjoy special moments. Notably, we arranged trips to west midlands safari park and hosted family parties and events at cardiff castle. These activities provided much-needed joy and respite for the children and their families.additionally, the charity granted a wide variety of wishes, offering support and happiness to those in need. Some of the wishes fulfilled included nintendo switches, holidays to bluestone, garden play equipment, helicopter rides, plane rides, rugby tickets with hospitality, sensory equipment, gaming computers, ipads, lazy spas, centre parcs holidays, manchester united tickets with meet & greet, and trips to harry potter studios, legoland, peppa pig world, and longleat vip experiences. These efforts have significantly impacted the lives of the children and their families, providing them with unforgettable experiences and cherished memories.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Affiliate network. The nonprofit sent 100% of its reported program spending through affiliated organizations.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 27
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.3M in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.