RUNWAY OF DREAMS FOUNDATION

EIN: 464077199 501(c)(3)

LIVINGSTON, NJ

Total Revenue
$1,067,664
Total Expenses
$1,466,894
Total Assets
$57,129
Net Assets
$-334,236
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NJ
Principal Officer
MINDY SCHEIER
Phone
9179923902
Tax Period
2023-01-01 to 2023-12-31

RUNWAY OF DREAMS FOUNDATION, founded in 2014, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.5M exceeded revenue, resulting in a 37% operating deficit.

Mission

RUNWAY OF DREAMS FOUNDATION MISSION IS TO PROVIDE PEOPLE WITH DISABILITIES THE OPPORTUNITY, INCLUSION AND ACCEPTANCE IN THE FASHION INDUSTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,136,410
Program Service Revenue $0
Investment Income $15
Other Revenue $-68,761
TOTAL REVENUE $1,067,664

Expense Breakdown

Grants Paid $0
Salaries & Benefits $318,298
Fundraising Expenses $80,207
Program Expenses $1,048,660
Other Expenses $1,148,596
TOTAL EXPENSES $1,466,894

Year-over-Year Comparison

2023 2022 Change
Revenue $1,067,664 $1,116,927 0.0%
Expenses $1,466,894 $1,137,381 +0.3%
Net Income $-399,230 $-20,454 +18.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
9
Employees
6
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MINDY SCHEIER FOUNDER 40.00
Officer Director
$0 $0 $0
DAWN ROBERTSON FINANCE CHAIR 4.00
Officer Director
$0 $0 $0
DANA NABEREZNY TRUSTEE 4.00
Director
$0 $0 $0
MATT LAUKIATIS TRUSTEE 2.00
Director
$0 $0 $0
GENA SMITH TRUSTEE 2.00
Director
$0 $0 $0
LYDIA SMITH TRUSTEE 2.00
Director
$0 $0 $0
ANDREW GRAISER TRUSTEE 4.00
Director
$0 $0 $0
KATHRYN CORDES TRUSTEE 2.00
Director
$0 $0 $0
PAUL ROSENGARD TRUSTEE 2.00
Director
$0 $0 $0
GARY SHEINBAUM TRUSTEE 2.00
Director
$0 $0 $0
DAVE STEVENS TRUSTEE 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,067,664 $1,466,894 $57,129 $-399,230
2022 $1,116,927 $1,137,381 $237,651 $-20,454
2021 $1,107,080 $711,307 $499,115 $395,773
2020 $248,616 $381,219 $211,483 $-132,603
2019 $1,131,196 $907,237 $301,957 $223,959
2018 $534,843 $856,452 $94,577 $-321,609
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RUNWAY OF DREAMS FOUNDATION with other nonprofits in New Jersey and across the country.