2024-01-23T00:29:06-06:00 2023-06-30 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2022-07-01 461988039 DREAM ON 3 DREA 7047076803 1523 ELIZABETH AVENUE 300 CHARLOTTE NC 28204 DALE FITE TREASURER 7047076803 2024-01-19 1 DALE FITE 999009999 1 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2024-01-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRANDON LINDSEY 1523 ELIZABETH AVENUE 300 CHARLOTTE NC 28204 2854856 0 X DREAMON3.ORG X 2013 NC TO MAKE DREAMS COME TRUE FOR CHILDREN WITH CHRONIC ILLNESSES, DEVELOPMENTAL DISABILITIES, OR LIFE-ALTERING CONDITIONS BY CREATING EXPERIENCES OF JOY AND MAGIC THROUGH THE WORLD OF SPORTS. 7 7 16 11740 0 0 1314377 2446434 0 0 4208 15078 328437 48526 1647022 2510038 0 0 0 0 673243 964642 0 0 364855 812560 1319552 1485803 2284194 161219 225844 751479 1595423 66550 689139 684929 906284 X TO MAKE DREAMS COME TRUE FOR CHILDREN WITH CHRONIC ILLNESSES, DEVELOPMENTAL DISABILITIES, OR LIFE-ALTERING CONDITIONS BY CREATING EXPERIENCES OF JOY AND MAGIC THROUGH THE WORLD OF SPORTS. SEE SCHEDULE O FOR MORE INFORMATION. 0 0 790979 DREAM EXPERIENCES - THE DREAM EXPERIENCE PROGRAM SERVES INDIVIDUALS LIVING WITH CHRONIC ILLNESSES, INTELLECTUAL OR DEVELOPMENTAL DISABILITIES OR LIFE-ALTERING CONDITIONS. RECIPIENTS BETWEEN THE AGES OF 5 AND 21 RECEIVE A FULLY CUSTOMIZED, VIP EXPERIENCE BUILT AROUND THEIR INTERESTS AND THEIR ULTIMATE SPORTS DREAM. DREAM ON 3 UNITES THE HEALTHCARE, BUSINESS, AND SPORTS COMMUNITIES TO CREATE THESE OVER-THE-TOP EXPERIENCES. TO DATE WE HAVE SERVED OVER 200 DREAM RECIPIENTS AND THEIR FAMILIES. 482862 COLLEGIATE DREAM TEAM - GROUPS OF STUDENT LEADERS THAT ARE PASSIONATE ABOUT HELPING OTHERS IN THEIR COMMUNITY WORK ALONGSIDE DREAM ON 3 TO PLAN, MARKET, FUNDRAISE, AND ULTIMATELY FULFILL THE DREAM EXPERIENCE OF AN INDIVIDUAL LIVING WITH A LIFE-ALTERING MEDICAL CONDITION. TEAMS CONSIST OF 15-20 STUDENTS FROM EACH COLLEGE. CDT MEMBERS GAIN A WEALTH OF REAL-WORLD CAREER AND HANDS-ON EXPERIENCE SUCH AS LEADERSHIP DEVELOPMENT, TEAM BUILDING, AND COMMUNITY ENGAGEMENT ALL WHILE HELPING SOMEONE IN THEIR COMMUNITY. THE PROGRAM DEVELOPS WORK-RELATED SKILLS SUCH AS MARKETING, BRANDING, PUBLIC RELATIONS, SOCIAL MEDIA, FUNDRAISING, DONOR RELATIONS, NON-PROFIT MANAGEMENT, EVENT PLANNING, AND MORE. WE HAVE WORKED WITH HUNDREDS OF STUDENTS THAT HAVE SERVED ON 43 CDT TEAMS ACROSS VARIOUS COLLEGE CAMPUSES. 154737 JR. DREAM TEAM - THE JR. DREAM TEAM PROGRAM HELPS STUDENT LEADERS PLAN, FUNDRAISE, AND RALLY THE SCHOOL TO SUPPORT A FELLOW CLASSMATE LIVING WITH A LIFE-ALTERING CONDITION. STUDENTS WORK WITH FACULTY MEMBERS AND DREAM ON 3 STAFF TO RALLY THE ENTIRE HIGH SCHOOL IN SUPPORT OF THEIR DREAM RECIPIENT. DREAM ON 3 HAS FOUND THAT WHEN ENTIRE SCHOOL AND SUPPORTING COMMUNITY UNITE IN THE SPIRIT OF INCLUSION, THE RESULT IS LIFE-CHANGING. WE HAVE WORKED WITH HUNDREDS OF STUDENTS ON 30 JR DREAM TEAMS ACROSS VARIOUS HIGH SCHOOLS 62953 DREAMBOX - THE DREAMBOX PROGRAM MATCHES COMMUNITY SPONSORS WITH CHILDREN THAT ARE CONFINED TO THEIR HOME OR HOSPITAL ROOMS. DREAM ON 3 PARTNERS WITH CHILDREN'S HOSPITALS FOR REFERRALS OF PATIENTS THAT WOULD BENEFIT FROM AN OVER-THE-TOP, VIP DREAMBOX. THE ITEMS IN THE BOX ARE SPECIFICALLY TAILORED TO THE INTERESTS OF THE CHILD BASED ON AN APPLICATION PROCESS COMPLETED BY THE FAMILY. BOXES ARE DELIVERED DIRECTLY TO THE RECIPIENT'S HOME OR HOSPITAL ROOM, BRINGING A MUCH-NEEDED SMILE TO A YOUNG DREAMER. WE HAVE CREATED AND DELIVERED MORE THAN 275 DREAMBOXES ACROSS OUR COMMUNITIES. 62289 DAY DREAMS - OUR DAY DREAM PROGRAM SERVES A LARGER GROUP OF CHILDREN AT AN IN-PERSON SPORTING EVENT. WE PARTNER WITH ATHLETES AND SPORTS ORGANIZATIONS TO OFFER AN EXCLUSIVE, ONE-TIME OPPORTUNITY. RECIPIENTS ARE IDENTIFIED THROUGH OUR REFERRAL PARTNERS IN EACH CHAPTER AREA. 79906 ALUMNI - OUR DREAM KIDS ARE LIKE FAMILY, SO OUR RELATIONSHIP WITH THEM EXTENDS WELL PAST THEIR INITIAL DREAM EXPERIENCES. OUR ALUMNI EVENTS ARE OPPORTUNITIES TO RECONNECT WITH FAMILIES AND FOR THEM TO CONNECT WITH ONE ANOTHER MUCH LIKE A FAMILY REUNION. THE NICHOLAS THORNTON SCHOLARSHIP FUND WAS CREATED IN HONOR OF OUR DEAR FRIEND, NICHOLAS THORNTON. NICHOLAS WAS A KIND AND LOVING 11-YEAR-OLD BOY WHO WE LOST IN 2014. HIS LIFE AND VALUES INSPIRED US SO MUCH, WE WANTED HIS LEGACY TO LIVE ON THROUGH THE LIVES OF OUR DREAM KIDS. TO DATE, DREAM ON 3 HAS AWARDED $61,000 IN SCHOLARSHIPS TO DREAM KIDS THAT ARE CONTINUING TO DREAM BIG THROUGH HIGHER EDUCATION. 205148 1633726 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12 0 1 16 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 1 0 GA X LANI LEE 6265905658 1523 ELIZABETH AVENUE SUITE 300 CHARLOTTE NC 28204 X BRANDON LINDSEY PRESIDENT/CEO/CO-FOUNDER 15.00 X X 0 0 0 STEVE O'BRIEN VICE PRESIDENT 5.00 X X 0 0 0 DALE FITE TREASURER 2.00 X X 0 0 0 BEN ALLRED CHAIR 1.00 X X 0 0 0 DAN DAVIS BOARD MEMBER 1.00 X 0 0 0 JULIA WHITCOMB BOARD MEMBER 1.00 X 0 0 0 MICHELLE RILEY OUTGOING BOARD MEMBER 1.00 X 0 0 0 CARLA BLACK BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1270695 1175739 219733 2446434 15078 15078 393344 1270695 344818 48526 48526 2510038 0 0 63604 619776 421538 93006 105232 91302 62099 13701 15502 253564 172461 38051 43052 12473 3501 3273 5699 90413 25380 23721 41312 133595 24199 13685 95711 109523 31032 48498 29993 59 4 34 21 35396 2284 20438 12674 375525 354594 7524 13407 847 55 489 303 4971 4971 5443 351 3143 1949 PROGRAM SUPPLIES 176720 176700 20 IN-KIND GOODS 119812 119812 ALLOCATED OVERHEAD 112155 112155 PHOTOGRAPHY & VIDEO 108333 108333 34287 19228 15059 2284194 1633726 285613 364855 730005 675948 3000 3000 4000 259617 2500 10500 22217 8301 8060 13916 3914 55658 576784 751479 1595423 66550 97550 0 591589 66550 689139 X 684929 841684 64600 684929 906284 751479 1595423 225844 -4489 0 X 0 1 X 0 0 X 903082 840888 982432 1314377 2446434 6487213 903082 840888 982432 1314377 2446434 6487213 415644 6071569 788 2027 265 3311 15078 21469 131025 185049 134362 329334 48526 828296 7336978 0.82750 0.67860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22217 8301 13916 13916 LEASE LIABILITY 591589 591589 X 2922131 412093 412093 2510038 0 2510038 2700776 412093 4489 416582 2284194 0 2284194 PART X, LINE 2: DO3 HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. DUE TO ITS TAX-EXEMPT STATUS, DO3 IS NOT SUBJECT TO INCOME TAXES. IT IS REQUIRED TO FILE, AND DOES FILE, TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. THE FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ARE SUBJECT TO EXAMINATION BY THE IRS GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. WHILE NO INCOME TAX REPORTING IS CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET UNREALIZED LOSS ON INVESTMENT SCHEDULE D, PART XI & XII: DUE TO THE IRS RULES REGARDING THE TREATMENT OF DONATED SERVICES, REVENUE AND EXPENSE AMOUNTS REPORTED ON THE FEDERAL FORM 990 MAY NOT ACCURATELY REFLECT THE ACTIVITY OF THE ORGANIZATION AS THE REMOVAL OF IN-KIND PROFESSIONAL SERVICES CHANGES THE TOTALS AND PERCENTAGES. CAROLINAS DREAM GALA 1559123 1195600 363523 92169 6679 49700 3802 127941 DENVER DREAM GALA 104916 75095 29821 8268 26701 6888 22670 1664039 1270695 393344 100437 6679 76401 10690 150611 344818 48526 X DONATED GOODS 82 107003 FMV X DONATED AUCTION ITEMS 137 99921 FMV X DONATED FOOD/BEVERAGE 58 12809 FMV 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B ALL 990 FORMS, SCHEDULES, AND SUPPORTING DOCUMENTS ARE COMPILED BY THE CONTROLLER AND REVIEWED BY THE FINANCE COMMITTEE. THE COMPLETED DOCUMENTS ARE SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO IDENTIFY ANY CONFLICT OF INTEREST PRIOR TO ANY VOTES TAKEN. IN ADDITION, BOARD MEMBERS ARE ASKED TO UPDATE AND REPORT ANY CONFLICTS OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15B A CHIEF OPERATING OFFICER (COO) WAS HIRED IN Q3 2019 TO SUPPORT THE GROWTH OF THE PROGRAM LOCALLY, AS WELL AS TO GROW ADDITIONAL DREAM ON 3 LOCATIONS. A BOARD COMPENSATION COMMITTEE WAS DEVELOPED TO RESEARCH COMPENSATION LEVELS OF COMPARABLE NOT-FOR-PROFIT ORGANIZATIONS. THE COMMITTEE PRESENTED THEIR FINDINGS TO THE BOARD WITH A RANGE OF APPROPRIATE COMPENSATION LEVELS. ONCE A CANDIDATE WAS IDENTIFIED, THE CEO PRESENTED THE CANDIDATE AND FINAL SALARY PROPOSAL TO THE BOARD FOR FINAL APPROVAL. ANY CHANGES TO THE COO'S SALARY OR ANY OTHER POSSIBLE C-LEVEL POSITION WOULD GO THROUGH THE BOARD'S COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR REVIEW UPON REQUEST. CONTACT US AT DREAMON3.ORG TO REQUEST ANY OF THESE DOCUMENTS.