Fulfill dreams and wishes of children generally from their 4th birthday to their 18th birthday and generally residing in the greater lehigh valley area

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 40 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $160K a year · 30% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$47K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
16 mo
of spending, in cash
Plus $2.3M in investments, Pt X · Ln 11–13
Looks good: 16.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $17K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
27
of 27 voting members
Looks good: 27 of 27 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$681K
+12% vs prior year
Spent
$489K
To programs
90%
Net assets
$3.1M
By yearFY2020–FY2024
Revenue
$681K
FY2024▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$359K
FY2021$485K
FY2022$516K
FY2023$607K
FY2024$681K
Expenses
$489K
FY2024▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$201K
FY2021$224K
FY2022$396K
FY2023$537K
FY2024$489K
Net assets
$3.1M
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$2.9M
FY2022$2.7M
FY2023$2.8M
FY2024$3.1M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $441K Management & general 9% · $45K Fundraising 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

28 people listed on the 990; $47K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$47,006Pt VII · Sec A
Corresponding Secretary
$0Pt VII · Sec A
First Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Recording Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Rayann Vasko’s $47K as Executive Director is at the 32nd percentile of top reported officer pay among 1979 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rayann Vasko$47,006$47,006$47,006$47,006$47,005

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Dream Come True INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Grants wishes and fulfills dreams for children aged 4-18 in the Lehigh Valley.

Questions for Dream Come True INC

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Provided by the organization

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2 programs · $441K · in their own filed words · FY2024
01

The organization provides financing for trips, toys, and celebrity visits to children who are chronically or terminally ill or handicapped

$400Kprogram expense
02

The organization provides scholarship money for college to children who are chronically or terminally ill or handicapped, have previously had a dream fulfilled by the organization and are in good academic standing

$41Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$17K
Grants paid · 3 grants · $124K · 2022–2024
Unitemized GrantFY2024$40,950
Unitemized GrantFY2023$45,000
Unitemized GrantFY2022$38,454

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$681K
Ln 12
Gifts and grantsLn 1h$508K
Investment incomeLn 3$217K
Money outPt IX
$489K
Ln 25
Programscol B$441K
Managementcol C$45K
Fundraisingcol D$3K
Owns and owesPt X
$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$672K
Total assetsLn 16$3.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
28
listed · VII A
PaidVII A1
Voting boardVI 1a27
IndependentVI 1b27
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$508K
Noncash giftsLn 1g$114K
Fundraising eventsLn 1c$289K
Investment incomeLn 3$217K
Gains on assetsLn 7$142K
Total revenueLn 12$681K
Assets in detailPt X, end of year
CashLn 1$260K
SavingsLn 2$412K
Cash and savings togetherLn 1–2$672K
InvestmentsLn 11–13$2.3M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$147K
Total assetsLn 16$3.1M
LiabilitiesLn 26$0
Net assetsLn 32$3.1M
OperationsPt I, VI
EmployeesI 51
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$661K$672K
InvestmentsLn 11–13$2.0M$2.3M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$2.8M$3.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.8M$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$41K$41K
Pay of current officers, directors and key staffLn 5$47K$42K$2K$2K
Payroll taxesLn 10$4K$4K$196$196
Accounting feesLn 11c$12K$3K$9K
Investment management feesLn 11f$13K$13K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$10K$5K$4K$455
TravelLn 17$757$606$151
InsuranceLn 23$22K$5K$16K
Other expenses (24a–d)Ln 24$337K$337K$225
Total functional expensesLn 25$489K$441K$45K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $681K$489K$191K$3.1M 990 PDF
FY2023 $607K$537K$70K$2.8M 990 PDF
FY2022 $516K$396K$120K$2.7M 990 PDF
FY2021 $485K$224K$262K$2.9M 990 PDF
FY2020 $359K$201K$158K$2.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $680,512 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $451,810$508,310
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $172,202$216,810
I-11 Other revenuePrior year −$16,898−$44,608
I-12 Total revenuePrior year $607,114$680,512
I-13 Grants and similar amounts paidPrior year $45,000$40,950
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $50,855$50,918
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $440,804$397,422
I-18 Total expensesPrior year $536,659$489,290
I-19 Revenue less expensesPrior year $70,455$191,222
Part VI · Governance 27 of 27 board members independent, 3 to look at
VI-1a Voting members of the governing body27
VI-1b Independent voting members27
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $680,512 across 8 lines filed
VIII-1c Fundraising events$288,573
VIII-1f All other contributions, gifts and grants$219,737
VIII-1g Noncash contributions (included above)$113,716
VIII-1h Total contributions, gifts and grants$508,310
VIII-3 Investment incomeExcluded from tax $74,892$74,892
VIII-7 Net gain or loss on sales of assetsExcluded from tax $141,918$141,918
VIII-8 Net income from fundraising eventsExcluded from tax −$44,608−$44,608
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $172,202$680,512
Part IX · Statement of functional expenses $489,290 across 10 lines filed
IX-2 Grants to domestic individualsPrograms $40,950$40,950
IX-5 Pay of current officers, directors and key staffPrograms $42,306 · Management $2,350 · Fundraising $2,350$47,006
IX-10 Payroll taxesPrograms $3,520 · Management $196 · Fundraising $196$3,912
IX-11c Accounting feesPrograms $2,980 · Management $8,940$11,920
IX-11f Investment management feesManagement $13,125$13,125
IX-12 Advertising and promotionPrograms $2,623$2,623
IX-13 Office expensesPrograms $5,465 · Management $4,304 · Fundraising $455$10,224
IX-17 TravelPrograms $606 · Management $151$757
IX-23 InsurancePrograms $5,396 · Management $16,188$21,584
IX-24 Other expenses (24a–d)Programs $336,964 · Management $225$337,189
IX-25 Total functional expensesPrograms $440,810 · Management $45,479 · Fundraising $3,001$489,290
Part X · Balance sheet $3,076,134 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $257,264$259,944
X-2 Savings and temporary cash investmentsStart of year $403,978$412,053
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $1,489,206$1,683,741
X-12 Other securitiesStart of year $548,738$573,708
X-15 Other assetsStart of year $141,560$146,688
X-16 Total assetsStart of year $2,840,746$3,076,134
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,840,746$3,076,134
X-32 Total net assets or fund balancesStart of year $2,840,746$3,076,134
X-33 Total liabilities and net assetsStart of year $2,840,746$3,076,134
Part XI · Reconciliation of net assets $3,076,134 net assets at year end
XI-1 Total revenue$680,512
XI-2 Total expenses$489,290
XI-3 Revenue less expenses$191,222
XI-4 Net assets at start of year$2,840,746
XI-5 Net unrealized gains (losses) on investments$44,166
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,076,134

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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