Global Dream Charitable Foundation Inc

Nonprofit profile at a glance

EIN
465684185
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Potomac, MD, USA
Phone
2406046771
Rating confidence
Limited
Sector
Health - General and Rehabilitative N.E.C.

Official website

Reported finances

Revenue
$0
Expenses
$5,897
Assets
$9,934

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

Leadership & pay

3 people listed

Executive titles in this filing

  • GAURANG THAKER MD (President)
  • ANISHA SHAH (Vice President)

People named in this filing

  • GAURANG THAKER MD (President)
  • JNANU SHAHI (Treasurer)
  • ANISHA SHAH (Vice President)

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

The mission of global dream charitable foundation is the pursuit of the following principles:- commitment: global dream charitable foundation wants to inspire strong interpersonal skills and instill a sense of hope in the future for healthcare. We want to commit our time and efforts for those who are in need of healthcare and who would benfit from a managed treatment.- responsiblity: the focus of the global dream is to promote a healthy living. We as a group will be responsible for establishing goals and following through on commitments given to the population.- possibility: global dream wants to provide their medical background to promote longer life span, by detecting diagnosis at an early stage through preventive measures.- support: an individual is dramatically influenced by their support system, therefore, we want to promote a support system where patients will feel comfortable and will be willing to take care of their health conditions.- our future goals are to make individuals a

What it reported doing in 2024

1. The organization continues to hold a charity clinic at 3411 olandwood ct, st 105, md 20832, to promote access of healthcare to uninsured patients and to those who are chronically ill.2. The organization continues to partner with children park school in dhading, nepal, to support orphaned/economically challenged children with their education after the earthquake disaster.3. The organization partners with multiple schools in gujarat, india, to support economically challenged children with their education

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 1.68; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.7% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: -6.8% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2015 to 2024
  • 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 — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.