Making Dreams Real Inc

Nonprofit profile at a glance

EIN
474479737
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2018
Location
Knollwood, TX, USA
Phone
9034368816
Rating confidence
Limited
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$0
Expenses
$4,120
Assets
$95,225
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Dennis Wade (Vice President)

People named in this filing

  • Joel Keil (Board Member)
  • Dan Allegeier (Board Member)
  • Robert Woods (Secretary/ Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve community integration and quality of life for adults with mental illness as well as those who are homeless unemployed or incarcerated via a holistic approach that fosters strong relationships and self-esteem

What it reported doing in 2024

Developing and implementing a PTSD program including a survey of Veterans in Fannin County Texas to ascertain how many Veterans have PTSD in this county The program that implemented is "REBOOT" Started the following classes for Veterans, PTSD Classes, Music Therapy, at Clyde Cosper Texas Nursing Facility in Bonham, Texas, AA Classes for Veterans at the Domiciliary in Bonham, Texas, Emotions Anonymous at Walker House in Denison, Texas.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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: 66
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 39
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 87.9%; rating input score 88
  • 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; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • 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: Limited
  • Total-asset coverage ratio: 23.11; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -74.5% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -63.3% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 83.5% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 87.9% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.