PLATINUM2024

Mildreds Dream Foundation Inc

Dedicated to supporting mental and physical health, education and domestic violence programs.

Boston, MA
GuideStar Charity Check

Mildreds Dream Foundation Inc

EIN: 84-3762271


Mission

THE ORGANIZATION SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES FOR THE ADVANCEMENT OF EDUCATION, THE PROMOTION OF HEALTH, AND THE RELIEF OF THE DISTRESSED, INCLUDING INDIVIDUALS AND FAMILIES AFFECTED BY CANCER, MENTAL HEALTH ISSUES AND HEALTH-RELATED CONCERNS, DOMESTIC VIOLENCE OR ABUSE.

Ruling year info

2020

Principal Officer

SUSAN KAGAN

Co Principal Officer

RICH PILTCH

Main address

PO Box 170909 Boston MA 02109-1808,

Boston, MA 02117 USA

Show more contact info

EIN

84-3762271

Subject area info

Philanthropy

Population served info

Families

Parents

Widows and widowers

Caregivers

Ethnic and racial groups

Show more populations served

NTEE code info

Fund Raising and/or Fund Distribution (T12)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Nonprofit Grant Program

Mildred's Dream Foundation's grant program provides financial resources to community-based education programs, physical and mental health programs and programs that prevent domestic violence.

Population(s) Served
At-risk youth
Economically disadvantaged people
Families
People with disabilities

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of organizations applying for grants

This metric is no longer tracked.
Totals By Year
Related Program

Nonprofit Grant Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

People with disabilities, People with diseases and illnesses, At-risk youth, Victims and oppressed people, Economically disadvantaged people

Related Program

Nonprofit Grant Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

MDF aims to support more than 70 community based programs focused on education, mental and physical health and domestic violence.

MDF has an experienced Grant Committee of volunteers that oversee the application process in four groups:
mental health
physical health
education
domestic violence

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Mildreds Dream Foundation Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.00

Average of 0.00 over 4 years

Months of cash in 2022 info

SOURCE: IRS Form 990

2.1

Average of 17.9 over 4 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 4 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Mildreds Dream Foundation Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Mildreds Dream Foundation Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Mildreds Dream Foundation Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Mildreds Dream Foundation Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $5,000 $205,148 $236,965 -$328,562
As % of expenses 0.0% 88.9% 261.2% -48.8%
Unrestricted surplus (deficit) after depreciation $5,000 $205,148 $236,965 -$328,562
As % of expenses 0.0% 88.9% 261.2% -48.8%
Revenue composition info
Total revenue (unrestricted & restricted) $5,000 $440,918 $327,412 $345,123
Total revenue, % change over prior year 0.0% 8718.4% -25.7% 5.4%
Program services revenue 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 100.0% 100.0% 100.0%
Other revenue 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $0 $230,770 $90,712 $673,447
Total expenses, % change over prior year 0.0% 0.0% -60.7% 642.4%
Personnel 0.0% 0.0% 0.0% 0.0%
Professional fees 0.0% 0.0% 2.3% 0.2%
Occupancy 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 82.3% 68.9% 99.0%
All other expenses 0.0% 17.7% 28.8% 0.9%
Full cost components (estimated) info 2019 2020 2021 2022
Total expenses (after depreciation) $0 $230,770 $90,712 $673,447
One month of savings $0 $19,231 $7,559 $56,121
Debt principal payment $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0
Total full costs (estimated) $0 $250,001 $98,271 $729,568

Capital structure indicators

Liquidity info 2019 2020 2021 2022
Months of cash 0.0 10.6 59.0 2.1
Months of cash and investments 0.0 10.7 59.1 2.1
Months of estimated liquid unrestricted net assets 0.0 10.9 59.1 2.1
Balance sheet composition info 2019 2020 2021 2022
Cash $5,000 $204,726 $446,221 $117,892
Investments $0 $622 $892 $659
Receivables $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.0% 0.0% 0.0% 0.0%
Unrestricted net assets $5,000 $210,148 $447,113 $118,551
Temporarily restricted net assets N/A N/A N/A N/A
Permanently restricted net assets N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0
Total net assets $5,000 $210,148 $447,113 $118,551

Key data checks

Key data checks info 2019 2020 2021 2022
Material data errors No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

SUSAN KAGAN

Co Principal Officer

RICH PILTCH

Number of employees

Source: IRS Form 990

Mildreds Dream Foundation Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Mildreds Dream Foundation Inc

Board of directors
as of 02/13/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Richard Piltch

Organizational demographics

SOURCE: Self-reported; last updated 12/26/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 02/07/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.