2025-01-20T04:44:03-08:00 2024-06-30 561688300 Foard and Company PA 1347 Harding Place Charlotte NC 28204 990 2023-07-01 461988039 Dream On 3 DREA 7047076803 1523 Elizabeth Avenue 300 Charlotte NC 28204 Dale Fite Treasurer 2025-01-20 true true Garrett Summers P02001620 7043721515 2023 2024-10-15 13:58:12Z Brandon Lindsey 1523 Elizabeth Avenue 300 Charlotte NC 28204 3143051 false X DREAMON3.ORG X 2013 NC To make dreams come true for children with chronic illness, development disabilities, or life-altering conditions by creating experiences of joy and magic through the world of sports. 8 8 24 475 0 2446434 2743285 0 15078 43150 48526 -113207 2510038 2673228 0 0 964642 1167638 0 548030 1319552 1850248 2284194 3017886 225844 -344658 1595423 1145705 689139 584079 906284 561626 X To make dreams come true for children with chronic illness, development disabilities, or life-altering conditions by creating experiences of joy and magic through the world of sports. false false 1135597 The Dream Experience - program serves individuals living with chronic illness, 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. 736828 Collegiate Dream Teams - 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. 131053 DreamBoxes - 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. 232843 2236321 true true false false false false false false false false true false false true true true true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 11 0 true 24 true false false false false false true true false 0 false false false false false false false X 8 8 false false false false false false false true true false true true true true true true true true false true false GA X Lani Lee 6265905658 1523 Elizabeth Avenue Suite 300 Charlotte NC 28204 Donna Stucker CAO 40.00 0.00 125000 0 0 Elizabeth Lindsey Executive Dir. 40.00 0.00 X 81000 0 8391 Ben Allred Chairman 1.00 0.00 X X 0 0 0 Steve O'Brien Vice President 5.00 0.00 X X 0 0 0 Dale Fite Treasurer 2.00 0.00 X X 0 0 0 Carla Black Board Member 1.00 0.00 X 0 0 0 Julia Whitcomb Board Member 1.00 0.00 X 0 0 0 Kathi Knier Board Member 1.00 0.00 X 0 0 0 Dan Davis Board Member 1.00 0.00 X 0 0 0 Brandon Lindsey President 15.00 0.00 X X 0 0 0 206000 8391 1 false false false 0 1353937 1389348 187829 2743285 0 43150 43150 0 0 0 0 356616 1353937 469823 -113207 0 0 0 2673228 43150 0 0 0 0 0 0 848162 792711 20441 35010 0 90349 85501 2200 2648 229127 213088 5499 10540 0 0 15750 1529 6049 8172 0 0 0 127521 12380 48973 66168 344866 8687 6402 329777 39503 1094 33119 5290 0 0 54699 5470 30083 19146 412975 406446 4410 2119 0 0 0 0 4968 3603 503 862 0 In-kind goods 269790 269790 Other Expenses 258271 141239 50532 66500 Program Supplies 201256 201256 Gifts 49075 49075 71574 44452 25324 1798 3017886 2236321 233535 548030 675948 86310 3000 448637 259617 24250 0 0 0 0 0 10500 12500 24063 13269 13916 10794 55658 61745 0 0 576784 0 501469 1595423 1145705 97550 61456 591589 522623 689139 584079 X 841684 398196 64600 163430 906284 561626 1595423 1145705 -344658 X false true X false false X 840888 982432 1314377 2446434 2743285 8327416 0 0 840888 982432 1314377 2446434 2743285 8327416 0 8327416 2027 265 3311 15078 43150 63831 131025 185049 329334 48526 -113207 580727 0 8971974 0.92820 0.82750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24063 13269 10794 10794 Deposit 6178 right of use asset 495291 501469 Lease liability 522623 522623 X 2935650 262422 262422 2673228 2673228 3280308 262422 262422 3017886 3017886 Part X : FIN48 Footnote 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, 2024 and 2023. 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 2021 remain open. false Carolinas Dream Gala 1638671 1290555 348116 42042 1946 88324 7000 280832 Denver Dream Gala 71882 63382 8500 2700 11650 27238 825 7266 1710553 1353937 356616 44742 13596 115562 7825 288098 469823 -113207 X Donated Goods 93 178377 FMV X Donated Food 37 9452 FMV false false false Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: 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. OTHER PROGRAM SERVICES 5: 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. OTHER PROGRAM SERVICES 6: 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 Fundwas 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. 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 befor 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.