Runway of Dreams Foundation

Nonprofit profile at a glance

EIN
464077199
IRS 990-EZ coverage
2015–2025
Forms available
Form 990 2024, Form 990-EZ 2025, Form 990-N 2014
Location
New York, NY, USA
Phone
2127274200
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$184,747
Expenses
$519,011
Assets
$31,514
Liabilities
$365,778

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MINDY SCHEIER (FOUNDER & CEO (THRU 09/25))
  • CHRISTINE MCMAHON (PRES. & CEO, FEDCAP (AS OF 04/25))

People named in this filing

  • MINDY SCHEIER (FOUNDER & CEO (THRU 09/25))
  • CHRISTINE MCMAHON (PRES. & CEO, FEDCAP (AS OF 04/25))
  • CAROL KHOURY (CFO - OFFICER (AS OF 04/25))

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Through education, advocacy, adaptive runway shows, scholarships, and our national network of college clubs , runway of dreams celebrate people's differences, challenge stereotypes, and advance adaptive & universal design while creating opportunities for the next generation of innovators and leaders.

What it reported doing in 2025

Adaptive runway shows: the foundation is rethinking the runway with global adaptive fashion shows that celebrate people's differences, break down stereotypes and empower people with disabilities with confidence, independence and style. The runway of dreams foundation produces national runway shows that celebrate inclusion, highlight change in the fashion industry and empower people with disabilities with confidence, independence and style.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 6
  • Transparency & Controls: 100
  • Sustainability: 10
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.7%; rating input score 8
  • Program expense ratio: 2.7%; rating input score 3

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: -180.9%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 11.61; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -9.4% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: -4.5% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 7.7% of revenue deployed · 2.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 3/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.