Journey To Dream Foundation
Journey To Dream Foundation shows consistent growth and no reported executive compensation over a decade.
EIN: 201209865 · Lewisville, TX · NTEE: P80 · Updated: 2026-03-28
Is Journey To Dream Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Journey To Dream Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Journey To Dream Foundation
Journey To Dream Foundation (EIN: 201209865) is a nonprofit organization based in Lewisville, TX, classified under NTEE code P80. The organization reported total revenue of $1.9M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Journey To Dream Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Journey To Dream Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Journey To Dream Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Journey To Dream Foundation consistently reports 0% officer compensation across all ten available IRS 990 filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of its size ($1.8M+ revenue).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Journey To Dream Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusually consistent 0% officer compensation for an organization of this revenue size, warranting further inquiry into executive compensation structure.
Strengths
The following positive indicators were identified for Journey To Dream Foundation:
- Consistent revenue and asset growth over a decade, from $39,619 revenue in 201206 to $1,878,555 latest revenue.
- No reported officer compensation across all ten filings, suggesting high potential for funds to go directly to mission.
- Positive net assets and strong financial health, with assets consistently exceeding liabilities.
- Consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about Journey To Dream Foundation
Is Journey To Dream Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Journey To Dream Foundation (EIN: 201209865) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Journey To Dream Foundation spend its money?
Journey To Dream Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Journey To Dream Foundation tax-deductible?
Journey To Dream Foundation is registered as a tax-exempt nonprofit (EIN: 201209865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Journey To Dream Foundation manage to operate without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation, which is highly unusual for an organization with over $1.8 million in revenue. This could indicate a volunteer-led executive team or that compensation is structured in a way not reported under 'officer compensation' on the 990.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be crucial for a more precise assessment of spending efficiency.
Has the organization experienced any significant financial challenges?
While the organization has shown consistent growth, there were periods like 201806 and 202206 where expenses slightly exceeded revenue ($780,318 vs $585,700 and $1,518,217 vs $1,506,039 respectively). However, these appear to be minor fluctuations within a broader trend of positive financial health and asset growth.
What is the purpose of the increasing liabilities?
Liabilities have grown from $0 in 201206 to $448,612 in 202206. Without further detail, it's unclear if these are program-related payables, debt for asset acquisition, or other obligations. It's important to ensure these liabilities are managed effectively relative to assets.
Filing History
IRS 990 filing history for Journey To Dream Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2022), Journey To Dream Foundation's revenue has grown by 3701.3%, moving from $40K to $1.5M. Total functional expenses rose by 3602.2%, from $41K to $1.5M. In its most recent filing year (2022), Journey To Dream Foundation reported a deficit of $12K, with expenses exceeding revenue. The organization holds $449K in liabilities against $1.3M in assets (debt-to-asset ratio: 34.3%), resulting in net assets of $858K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $1.5M | $1.5M | $1.3M | $449K | — | View 990 |
| 2021 | $1.3M | $1.1M | $1.3M | $437K | — | View 990 |
| 2020 | $1.1M | $914K | $1.2M | $560K | — | View 990 |
| 2019 | $838K | $904K | $899K | $428K | — | View 990 |
| 2018 | $586K | $780K | $762K | $224K | — | View 990 |
| 2017 | $609K | $501K | $807K | $75K | — | View 990 |
| 2016 | $922K | $348K | $647K | $23K | — | View 990 |
| 2014 | $163K | $134K | $36K | $8K | — | View 990 |
| 2013 | $76K | $74K | $-3,302 | $0 | — | View 990 |
| 2012 | $40K | $41K | $-1,390 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $1.3M (revenue +13.9% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $1.3M (revenue +21.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $914K, and assets of $1.2M (revenue +30.4% year-over-year).
- 2019: Revenue of $838K, expenses of $904K, and assets of $899K (revenue +43.0% year-over-year).
- 2018: Revenue of $586K, expenses of $780K, and assets of $762K (revenue -3.8% year-over-year).
- 2017: Revenue of $609K, expenses of $501K, and assets of $807K (revenue -34.0% year-over-year).
- 2016: Revenue of $922K, expenses of $348K, and assets of $647K (revenue +465.8% year-over-year).
- 2014: Revenue of $163K, expenses of $134K, and assets of $36K (revenue +114.7% year-over-year).
- 2013: Revenue of $76K, expenses of $74K, and assets of $-3,302 (revenue +91.5% year-over-year).
- 2012: Revenue of $40K, expenses of $41K, and assets of $-1,390.
Data Sources and Methodology
This transparency report for Journey To Dream Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.