Never Quit Dreaming
Nonprofit profile at a glance
- EIN
- 455529891
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Kapolei, HI, USA
- Phone
- 8087226843
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $100,285
- Expenses
- $114,980
- Assets
- $69,403
- Liabilities
- $42,488
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- KRISTOPHER DUNG (DIRECTOR)
- CHASE NUUHIWA (ASSISTANT DIRECTOR)
- DENICE IWAMOTO (SECRETARY)
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
Never quit dreamings mission is to create recreational activities and unique experiences for special needs children living in Hawaii.
What it reported doing in 2024
The transformative program, project kapa, is dedicated to the incredible journey of special needs young adults. In a world that often overlooks their unique abilities, the program aims to prove that they can find their place and make a difference. The three talented students, with the support of their community, harness the power of creativity and technology. They design graphics, press their art onto apparel, mugs, bags, and more, sharing their remarkable artwork with the world. Every purchase from their online store not only showcases their talent but also supports their dreams. 100% of the revenue goes back to these budding artists, offering them opportunities and giving their families a glimpse of hope. At project kapa, the mission is to provide opportunities and ignite a little hope.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.2%; rating input score 78
- Program expense ratio: 68.2%; rating input score 68
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -14.7%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 38.4% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 11.7% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 22% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 78.2% of revenue deployed · 68.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 15 filed program accomplishments · $78K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 11/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.