The Impossible Dream INC
Engage global communities and inspire people with disabilities to improve independence and quality of life. For fiscal year 2025 it reported $349K in revenue, $293K in expenses, and $136K in net assets.Pt I
- Founded
- 2014
- Type
- Public charity (501(c)(3)) · Recreation & Sports
- Location
- New York, NY
- Website
- www.theimpossibledream.org
- Filings
- 6 on file (2020–2025)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Taking people with disabilities, wounded soldiers, and disadvantaged youth sailing aboard the universally accessible catamaran. Impossible dream received approximately $ 39,000 of in-kind docking during 2025.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
William Rey’s $67K as CEO is at the 75th percentile of top reported officer pay among 1018 $100K–1M recreation & sports 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 · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| William Rey | — | $59,082 | $55,200 | $82,800 | $67,000 | $58,242 |
| William Rey | $67,040 | — | — | — | — | — |
| David McCauley | — | $5,068 | — | — | — | — |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 100% | — | — |
| Overhead ratio | 0% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 63% | — | — |
| Accounting fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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