Civic Intelligence

The Impossible Dream Inc.

990 • Fiscal year 2025 • EIN 80-0969365

Jan 01, 2025 to Dec 31, 2025

Organization Profilewww.THEIMPOSSIBLEDREAM.org
50 West 47th Steet STE 2113New York, NY 10036

(305) 986-0514

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.59x

Higher debt load relative to assets than 94% of similar nonprofits.

2025 filings • NTEE N • <$500k nonprofits • Source year 2025

Liabilities / Revenue

96th percentile

0.56x

Higher debt load relative to revenue than 96% of similar nonprofits.

2025 filings • NTEE N • <$500k nonprofits • Source year 2025

Net Margin

71st percentile

16%

Higher net margin than 71% of similar nonprofits.

2025 filings • NTEE N • <$500k nonprofits • Source year 2025

Top Officer Pay

99th percentile

$67,040

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2025 filings • NTEE N • <$500k nonprofits • Source year 2025

Asset Growth

65th percentile

19%

Faster asset growth than 65% of similar nonprofits.

2025 filings • NTEE N • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

90th percentile

63%

Faster revenue growth than 90% of similar nonprofits.

2025 filings • NTEE N • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$332,360

Up $54,132 (+19%) from 2024

Net Assets

Up

$135,768

Up $56,655 (+72%) from 2024

Liabilities

Down

$196,592

Down $2,523 (-1.3%) from 2024

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin71st percentile

Revenue

Up

$349,452

Up $135,055 (+63%) from 2024

Expenses

Down

$292,797

Down $1,788 (-0.6%) from 2024

Net Income

Up

$56,655

Up $136,843 (+171%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2015: $386,816Liabilities 2015: $16,230Net Assets 2015: $370,5862015Assets 2016: $305,128Liabilities 2016: $17,049Net Assets 2016: $288,0802016Assets 2017: $252,000Liabilities 2017: $13,653Net Assets 2017: $238,3472017Assets 2018: $211,096Liabilities 2018: $22,096Net Assets 2018: $189,0002018Assets 2019: $205,507Liabilities 2019: $96,211Net Assets 2019: $109,2962019Assets 2020: $215,208Liabilities 2020: $134,130Net Assets 2020: $81,0782020Assets 2021: $146,223Liabilities 2021: $121,356Net Assets 2021: $24,8672021Assets 2022: $243,331Liabilities 2022: $193,801Net Assets 2022: $49,5302022Assets 2023: $368,638Liabilities 2023: $209,337Net Assets 2023: $159,3012023Assets 2024: $278,228Liabilities 2024: $199,115Net Assets 2024: $79,1132024Assets 2025: $332,360Liabilities 2025: $196,592Net Assets 2025: $135,7682025

Highlighted filing

2025

Assets$332,360
Liabilities$196,592
Net Assets$135,768
Open 2025 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $166,345Expenses 2015: $275,872Net Income 2015: -$109,5272015Revenue 2016: $123,278Expenses 2016: $205,784Net Income 2016: -$82,5062016Revenue 2017: $147,148Expenses 2017: $196,881Net Income 2017: -$49,7332017Revenue 2018: $147,962Expenses 2018: $197,309Net Income 2018: -$49,3472018Revenue 2019: $187,873Expenses 2019: $267,577Net Income 2019: -$79,7042019Revenue 2020: $203,367Expenses 2020: $231,585Net Income 2020: -$28,2182020Revenue 2021: $142,108Expenses 2021: $198,319Net Income 2021: -$56,2112021Revenue 2022: $285,471Expenses 2022: $260,808Net Income 2022: $24,6632022Revenue 2023: $585,889Expenses 2023: $431,546Net Income 2023: $154,3432023Revenue 2024: $214,397Expenses 2024: $294,585Net Income 2024: -$80,1882024Revenue 2025: $349,452Expenses 2025: $292,797Net Income 2025: $56,6552025

Highlighted filing

2025

Revenue$349,452
Expenses$292,797
Net Income$56,655
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 18, 2026
Return Version
2025v4.0
Gross Receipts
$349,452
Mission and Program Overview

Mission

To utilize impossible dream, a universally accessible 60' catamaran, to engage the global community and inspire people with disabilities, wounded soldiers, disadvantaged youth, and their families to improve their independence and quality of life

To utilize impossible dream, a universally accessible 60' catamaran, to engage global community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$75,567$165,057▲ $89,490
Land, Buildings, and Equipment, Net$170,550$136,497▼ $34,053
Rtn Earn Endowment Incm Other Fnds$79,113$135,768▲ $56,655
Investments in Publicly Traded Securities$30,806$30,806→ $0
Savings and Temporary Cash Investments$52$0▼ $52
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$276,975$332,360▲ $55,385
Liabilities
Unsecured Notes Loans Payable$191,147$196,592▲ $5,445
Accounts Payable and Accrued Expenses$6,715--
Total Liabilities$197,862$196,592▼ $1,270
Net Assets / Fund Balance
Total Net Assets Fund Balance$79,113$135,768▲ $56,655
Total Liabilities and Net Assets / Fund Balance$276,975$332,360▲ $55,385

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$136,497$630,982$767,479
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleBaseTotal
William ReyCEO$67,040$67,040

Board Members and Trustees

NameTitle
Deborah MellenChairwoman
Alan BrownDirector
David MccauleyDirector
Harry HorganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$349,452
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$349,452
Change in Net Assets
$56,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,757
Salaries, Compensation, and Employee Benefits$67,040
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$67,040--$67,040
All Other Expenses$51,754--$51,754
Depreciation Depletion$34,147--$34,147
Other Expenses$32,588$0$0$32,588
Insurance$26,259--$26,259
Fees for Services Accounting$10,600--$10,600
Interest$4,652--$4,652
Travel$692--$692
Total Functional Expenses$292,797$0$0$292,797
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Deborah mellen is the sole member of the organization”

Form 990, Part VI, Section A, Line 7A

“The sole member of the foundation, deborah mellen, appoints the board of directors”

Form 990, Part VI, Section A, Line 8B

“There are no committees of the board”

Form 990, Part VI, Section B, Line 11B

“The foundation has its in-house accountant prepare the form 990; the form 990 is reviewed by outside legal counsel, then sent to the members of the board of directors.”

Form 990, Part VI, Section B, Line 12C

“The foundation's conflict of interest policy requires officers and directors to disclose conflicts as they arise. Given the small size of the board and the simplicity of the foundation's operations, the foundation does not employ additional monitoring procedures beyond this disclosure requirement and thorough discussion at its board meetings. The foundation does not have written document retention and destruction policy, but it does maintain a complete record of grants and other transactions, including grant letters and other written material.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public on Impossibledream.com. They are also available upon written request to the organization's Chairwoman.”

Filing and Contact Details

Filer

Filer Name
The Impossible Dream Inc
EIN
80-0969365
Phone
3059860514
Address
50 West 47th Steet STE 2113, New York, NY 10036

Signing Officer

Name
Daniel Ferguson-McAllister
Title
Accountant
Phone
3059860514
Signed
2026-03-18

Organization Details

Principal Officer
Deborah Mellen
Formed
2014
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Includes: Credit card payments:35749.76 Payments to contractors: 53994”

Raw XML Appendix387 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06715
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO UTILIZE IMPOSSIBLE DREAM, A UNIVERSALLY ACCESSIBLE 60' CATAMARAN, TO ENGAGE GLOBAL COMMUNITY
IRS990/AllOtherContributionsAmt0349452
IRS990/AllOtherExpensesGrp/ProgramServicesAmt051754
IRS990/AllOtherExpensesGrp/TotalAmt051754
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DEBORAH MELLEN
IRS990/BooksInCareOfDetail/PhoneNum02123362041
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02000 BROADWAY APT 15C
IRS990/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010023
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt075567
IRS990/CashNonInterestBearingGrp/EOYAmt0165057
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt067040
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt067040
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0349452
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0225757
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt056655
IRS990/CYSalariesCompEmpBnftPaidAmt067040
IRS990/CYTotalExpensesAmt0292797
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0349452
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt034147
IRS990/DepreciationDepletionGrp/TotalAmt034147
IRS990/Desc0TAKING PEOPLE WITH DISABILITIES, WOUNDED SOLDIERS, AND DISADVANTAGED YOUTH SAILING ABOARD THE UNIVERSALLY ACCESSIBLE CATAMARAN. IMPOSSIBLE DREAM RECEIVED APPROXIMATELY $ 39,000 OF IN-KIND DOCKING DURING 2025.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0292797
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010600
IRS990/FeesForServicesAccountingGrp/TotalAmt010600
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt250
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt350
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0William Rey
IRS990/Form990PartVIISectionAGrp/PersonNm1David Mccauley
IRS990/Form990PartVIISectionAGrp/PersonNm2DEBORAH MELLEN
IRS990/Form990PartVIISectionAGrp/PersonNm3HARRY HORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4ALAN BROWN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt067040
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0349452
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt026259
IRS990/InsuranceGrp/TotalAmt026259
IRS990/InterestGrp/ProgramServicesAmt04652
IRS990/InterestGrp/TotalAmt04652
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt030806
IRS990/InvestmentsPubTradedSecGrp/EOYAmt030806
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0630982
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0170550
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0136497
IRS990/LandBldgEquipCostOrOtherBssAmt0767479
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO UTILIZE IMPOSSIBLE DREAM, A UNIVERSALLY ACCESSIBLE 60' CATAMARAN, TO ENGAGE THE GLOBAL COMMUNITY AND INSPIRE PEOPLE WITH DISABILITIES, WOUNDED SOLDIERS, DISADVANTAGED YOUTH, AND THEIR FAMILIES TO IMPROVE THEIR INDEPENDENCE AND QUALITY OF LIFE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt079113
IRS990/NetAssetsOrFundBalancesEOYAmt0135768
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Guest Crew
IRS990/OtherExpensesGrp/Desc1Supplies Expense
IRS990/OtherExpensesGrp/Desc2Grocery Expense
IRS990/OtherExpensesGrp/Desc3Marine Expense
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt053994
IRS990/OtherExpensesGrp/ProgramServicesAmt12390
IRS990/OtherExpensesGrp/ProgramServicesAmt28681
IRS990/OtherExpensesGrp/ProgramServicesAmt332588
IRS990/OtherExpensesGrp/TotalAmt053994
IRS990/OtherExpensesGrp/TotalAmt12390
IRS990/OtherExpensesGrp/TotalAmt28681
IRS990/OtherExpensesGrp/TotalAmt332588
IRS990/OtherRevenueTotalAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Deborah Mellen
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0199437
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt014960
IRS990/PYOtherExpensesAmt0230435
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-80188
IRS990/PYSalariesCompEmpBnftPaidAmt064150
IRS990/PYTotalExpensesAmt0294585
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0214397
IRS990/ReconcilationRevenueExpnssAmt056655
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0349452
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt079113
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0135768
IRS990/SavingsAndTempCashInvstGrp/BOYAmt052
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0349452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0199437
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0541388
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0282471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0142108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01514856
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt049
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt049
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63276
IRS990ScheduleA/PublicSupportPY170Pct00.68
IRS990ScheduleA/PublicSupportTotal170Amt0958575
IRS990ScheduleA/SubstantialContributorsTotAmt0556281
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0349452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0199437
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0541388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0282471
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0142108
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01514856
IRS990ScheduleA/TotalSupportAmt01514905
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0136497
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0630982
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0767479
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0136497
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DEBORAH MELLEN IS THE SOLE MEMBER OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER OF THE FOUNDATION, DEBORAH MELLEN, APPOINTS THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION HAS ITS IN-HOUSE ACCOUNTANT PREPARE THE FORM 990; THE FORM 990 IS REVIEWED BY OUTSIDE LEGAL COUNSEL, THEN SENT TO THE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION'S CONFLICT OF INTEREST POLICY REQUIRES OFFICERS AND DIRECTORS TO DISCLOSE CONFLICTS AS THEY ARISE. GIVEN THE SMALL SIZE OF THE BOARD AND THE SIMPLICITY OF THE FOUNDATION'S OPERATIONS, THE FOUNDATION DOES NOT EMPLOY ADDITIONAL MONITORING PROCEDURES BEYOND THIS DISCLOSURE REQUIREMENT AND THOROUGH DISCUSSION AT ITS BOARD MEETINGS. THE FOUNDATION DOES NOT HAVE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY, BUT IT DOES MAINTAIN A COMPLETE RECORD OF GRANTS AND OTHER TRANSACTIONS, INCLUDING GRANT LETTERS AND OTHER WRITTEN MATERIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization's governing documents, conflict of interest policy, and financial statements are available to the public on Impossibledream.com. They are also available upon written request to the organization's Chairwoman.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Includes: Credit card payments:35749.76 Payments to contractors: 53994
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0276975
IRS990/TotalAssetsEOYAmt0332360
IRS990/TotalAssetsGrp/BOYAmt0276975
IRS990/TotalAssetsGrp/EOYAmt0332360
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0349452
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0292797
IRS990/TotalFunctionalExpensesGrp/TotalAmt0292797
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0197862
IRS990/TotalLiabilitiesEOYAmt0196592
IRS990/TotalLiabilitiesGrp/BOYAmt0197862
IRS990/TotalLiabilitiesGrp/EOYAmt0196592
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt079113
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0135768
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0292797
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt067040
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0349452
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0276975
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0332360
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0692
IRS990/TravelGrp/TotalAmt0692
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0191147
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0196592
IRS990/USAddress/AddressLine1Txt050 West 47th Street Suite 2113
IRS990/USAddress/CityNm0New York
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010036
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.THEIMPOSSIBLEDREAM.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Daniel Ferguson-McAllister
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Accountant
ReturnHeader/BusinessOfficerGrp/PhoneNum03059860514
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE IMPOSSIBLE DREAM INC
ReturnHeader/Filer/BusinessNameControlTxt0IMPO
ReturnHeader/Filer/EIN0800969365
ReturnHeader/Filer/PhoneNum03059860514
ReturnHeader/Filer/USAddress/AddressLine1Txt050 West 47th Steet STE 2113
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010036
ReturnHeader/ReturnTs02026-04-10T09:32:50-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$332,360
Liabilities
$196,592
Net assets
$135,768
Revenue
$349,452
Expenses
$292,797
Net income
$56,655
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.32$1.97$1.36$3.49$2.93$0.57
2024Detailed filing. Detailed filing data is available for this year.$2.78$1.99$0.79$2.14$2.95$0.80
2023Detailed filing. Detailed filing data is available for this year.$3.69$2.09$1.59$5.86$4.32$1.54
2022Detailed filing. Detailed filing data is available for this year.$2.43$1.94$0.50$2.85$2.61$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.46$1.21$0.25$1.42$1.98$0.56
2020Detailed filing. Detailed filing data is available for this year.$2.15$1.34$0.81$2.03$2.32$0.28
2019Detailed filing. Detailed filing data is available for this year.$2.06$0.96$1.09$1.88$2.68$0.80
2018Detailed filing. Detailed filing data is available for this year.$2.11$0.22$1.89$1.48$1.97$0.49
2017Detailed filing. Detailed filing data is available for this year.$2.52$0.14$2.38$1.47$1.97$0.50
2016Summary only. Only limited summary data is available for this year.$3.05$0.17$2.88$1.23$2.06$0.83
2015Summary only. Only limited summary data is available for this year.$3.87$0.16$3.71$1.66$2.76$1.10