2026-08-14T20:01:18-05:00 2025-09-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990EZ 2025-01-01 464077199 RUNWAY OF DREAMS FOUNDATION RUNW 2127274200 633 THIRD AVENUE 6TH FLOOR NEW YORK NY 10017 CAROL KHOURY CFO 2127274200 2026-08-14 1 SCOTT THOMPSETT P00741490 2125990100 2025 2025-03-06 01:10:19Z X WWW.RUNWAYOFDREAMS.ORG X X 184747 X 183073 1674 184747 12634 52810 40169 18172 395226 519011 -334264 -508860 508860 -334264 X 24018 0 0 39642 31514 63660 31514 572520 365778 -508860 -334264 X THROUGH EDUCATION, ADVOCACY, ADAPTIVE RUNWAY SHOWS, SCHOLARSHIPS, AND OUR NATIONAL NETWORK OF COLLEGE CLUBS , RUNWAY OF DREAMS CELEBRATE PEOPLE'S DIFFERENCES, CHALLENGE STEREOTYPES, AND ADVANCE ADAPTIVE & UNIVERSAL DESIGN WHILE CREATING OPPORTUNITIES FOR THE NEXT GENERATION OF INNOVATORS AND LEADERS. ADAPTIVE RUNWAY SHOWS: THE FOUNDATION IS RETHINKING THE RUNWAY WITH GLOBAL ADAPTIVE FASHION SHOWS THAT CELEBRATE PEOPLE'S DIFFERENCES, BREAK DOWN STEREOTYPES AND EMPOWER PEOPLE WITH DISABILITIES WITH CONFIDENCE, INDEPENDENCE AND STYLE. THE RUNWAY OF DREAMS FOUNDATION PRODUCES NATIONAL RUNWAY SHOWS THAT CELEBRATE INCLUSION, HIGHLIGHT CHANGE IN THE FASHION INDUSTRY AND EMPOWER PEOPLE WITH DISABILITIES WITH CONFIDENCE, INDEPENDENCE AND STYLE. 12634 14140 14140 X MINDY SCHEIER FOUNDER & CEO (THRU 09/25) 40.00 0 0 0 CHRISTINE MCMAHON PRES. & CEO, FEDCAP (AS OF 04/25) 40.00 0 0 0 CAROL KHOURY CFO - OFFICER (AS OF 04/25) 40.00 0 0 0 KENNETH BREZENOFF OFFICER (AS OF 04/25) 40.00 0 0 0 DAWN ROBERTSON TRUSTEE 2.00 0 0 0 DANA NABEREZNY TRUSTEE 4.00 0 0 0 MATT LAUKAITIS TRUSTEE 2.00 0 0 0 LYDIA SMITH TRUSTEE 2.00 0 0 0 KATHRYN CORDES TRUSTEE (THRU 09/25) 2.00 0 0 0 PAUL ROSENGARD TRUSTEE 2.00 0 0 0 GARY SHEINBAUM TRUSTEE 2.00 0 0 0 DAVE STEVENS TRUSTEE 2.00 0 0 0 X 0 1 0 0 0 0 0 0 0 0 0 0 0 0 NJ NY CAROL KHOURY 633 THIRD AVENUE 6TH FLOOR NEW YORK NY 10017 2127274200 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 1085636 1342207 1135711 1024457 183073 4771084 1085636 1342207 1135711 1024457 183073 4771084 43896 4727188 1438 1624 699 517 0 4278 210524 125893 129177 62574 1674 529842 5305204 11394 0.89100 0.87680 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING EVENTS - 2021 AMOUNT: $ 210,524. 2022 AMOUNT: $ 125,893. 2023 AMOUNT: $ 129,177. 2024 AMOUNT: $ 61,185. 2025 AMOUNT: $ 0. MISCELLANEOUS REVENUE - 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 1,389. 2025 AMOUNT: $ 1,674. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 1,674. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIPS/SUPPLIES. GRANTEE NAME: VARIOUS. GRANTEE ADDRESS: 633 THIRD AVENUE, 6TH FLOOR NEW YORK, NY 10017. AMOUNT GIVEN: 12,634. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: GOODWILL IMPAIRMENT. AMOUNT: 371,999. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 17,112. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 4,141. DESCRIPTION: INSURANCE. AMOUNT: 1,112. DESCRIPTION: RUNWAY EVENT FEES. AMOUNT: 670. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 192. TOTAL TO FORM 990-EZ, LINE 16: 395,226. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: INHERENT CONTRIBUTION & SATISFACTION OF LOAN PAYABLE UPON ACQUISITION. AMOUNT: 508,860. FORM 990EZ, PART I, LINE 10 THE RUNWAY OF DREAMS FOUNDATION IS COMMITTED TO ADVANCING INCLUSION AND OPPORTUNITY FOR PEOPLE WITH DISABILITIES WITHIN THE FASHION AND BEAUTY INDUSTRIES. AS PART OF THIS MISSION, THE FOUNDATION SUPPORTS THE NEXT GENERATION OF INNOVATORS AND LEADERS THROUGH SCHOLARSHIP PROGRAMS THAT ENCOURAGE THE DEVELOPMENT OF ADAPTIVE AND UNIVERSALLY DESIGNED APPAREL AND PRODUCTS. THE SCHOLARSHIPS ARE INTENDED TO FOSTER CREATIVE SOLUTIONS THAT INCREASE ACCESSIBILITY, INDEPENDENCE, AND SELF-EXPRESSION FOR INDIVIDUALS WITH DISABILITIES WHILE PROMOTING GREATER REPRESENTATION AND INCLUSION THROUGHOUT THE FASHION INDUSTRY. THROUGH THESE SCHOLARSHIP INITIATIVES, THE FOUNDATION INVESTS IN STUDENTS AND EMERGING DESIGNERS WHOSE WORK ADVANCES ADAPTIVE DESIGN AND CONTRIBUTES TO A MORE INCLUSIVE FUTURE. IN FY 25, THE FOUNDATION ISSUED $12,634 IN SCHOLARSHIPS AND OTHER PAYMENTS TO 21 INDIVIDUALS. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 31,514. DESCRIPTION: PLEDGES AND GRANTS RECEIVABLE . BEG. OF YEAR AMOUNT: 34,514. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 2,100. END OF YEAR AMOUNT: 0. DESCRIPTION: INTANGIBLE ASSETS. BEG. OF YEAR AMOUNT: 2,304. END OF YEAR AMOUNT: 0. DESCRIPTION: EQUIPMENT. BEG. OF YEAR AMOUNT: 724. END OF YEAR AMOUNT: 0. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 212,500. DESCRIPTION: INTERCOMPANY PAYABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 119,185. DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 282,520. END OF YEAR AMOUNT: 34,093. DESCRIPTION: LOANS & OTHER PAYABLES . BEG. OF YEAR AMOUNT: 290,000. END OF YEAR AMOUNT: 0. FORM 990EZ, PART V, LINE 34 EFFECTIVE APRIL 1, 2025, THE FOUNDATION IMPLEMENTED AMENDED AND RESTATED BYLAWS IN CONNECTION WITH ITS AFFILIATION WITH THE FEDCAP GROUP, INC. PURSUANT TO THE AMENDED GOVERNANCE STRUCTURE, THE FEDCAP GROUP, INC. BECAME THE FOUNDATION'S SOLE MEMBER. THE AMENDED BYLAWS UPDATED THE FOUNDATION'S GOVERNANCE PROVISIONS, INCLUDING MEMBER RIGHTS, BOARD GOVERNANCE PROCEDURES, OFFICER APPOINTMENTS, COMMITTEE STRUCTURE, AND APPROVAL REQUIREMENTS FOR CERTAIN SIGNIFICANT ORGANIZATIONAL ACTIONS. THE FOUNDATION CONTINUES TO OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.