Dreams Indeed International

Nonprofit profile at a glance

EIN
841582759
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Wheaton, IL, USA
Phone
3318060600
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Official website

Reported finances

Revenue
$772,315
Expenses
$570,242
Assets
$1,577,167
Liabilities
$11,149

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DAVID L HASKELL (PRESIDENT & CEO)

Highest reported compensation

  • JANICE L HASKELL (VP PROGRAM): $75,892 total reported compensation
  • DAVID L HASKELL (PRESIDENT & CEO): $75,892 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Strengthen indigenous social entrepreneurs in hard places to enable the poor to thrive as god intended. Initiate and support various charitable, humanitarian and educational projects and initiatives to help meet the needs of the poor, hungry, thirsty, unclothed, sick, disabled, homeless, marginalized, imprisoned, orphaned, widowed, aged, vulnerable and disadvantaged persons throughout the world, as a tangible demonstration of the love of jesus christ without discrimination on the basis of religious heritage, race, color, gender or ethnicity.

What it reported doing in 2024

Strengthening social entrepreneurs.strengthened 47 community networks totaling over 910 volunteers in levantine conflict zones who befriended, sheltered and/or employed over 510 mentally challenged persons; providing servant leadership mentoring, enterprise coaching, financial oversight, and matching grants. Assisted two lebanese visionaries to mobilize hundreds of crisis volunteers for unity in diversity to outfit 140 volunteer first-responders, provide 1000 mattresses to displaced families, and rebuild 24 damaged residential buildings; with our servant leadership mentoring, resilience counseling and matching grants.upgraded and piloted a values curriculum and trained three maturing himalayan youth leaders to impart character values, computer skills, and literacy proficiency to 23 tribal children and orphans, most of whom were afflicted with HIV at birth; to provide medical and food relief for flood and earthquake victims; and to steward micro-business and agricultural enterprises; with servant leadership mentoring, enterprise design, financial oversight, and operating grants.reinforced the resilience of an east african visionary offering psycho-spiritual support for both women and men gender champions recovering from violence; with restorative counseling, calling discernment, and servant leadership coaching for an international fellowship.prospected nine visionary candidates across the middle east, southeast asia, east africa, south america, and europe; guided discernment of mission and values; and advised on program design for marginalized children, impact investing, cybersecurity, evidenced-based medicine, hospice care, child refugee mentoring, restorative justice education, conflict mediation, and public policy.

Operating model

Revenue model
Donor-supported. 76% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.
  • 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. The filing reports few safeguards for money sent abroad and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 83
  • Accountability: 88
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.5%; rating input score 68
  • Program expense ratio: 85.7%; rating input score 86
  • Fundraising efficiency: $22.25 raised per $1 spent on fundraising; rating input score 61; 61st 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: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Pass
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 26.2%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 2.77; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 26.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 2.4% per year; rating input score 100; 28th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 68.5% of revenue deployed · 85.7% of spending went to programs
  • Governance: 4 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $489K in reported program spending
  • Leadership: top reported pay $76K · 6 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 7 filed schedules · includes major donors and foreign activity
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 9/100.