Nonprofits/Organizations/26-2123649
Active
501(c)(3)
P60 · Human Services
Form 990

Wish of a Lifetime

EIN 26-2123649Denver, CO 80203Founded 2008WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

Spark hope and joy in the hearts of older adults by fulfilling their dreams through personalized wish experiences.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$4.1M

-5.9%YoY

Total Expenses

$5.0M

+3.2%YoY

Net Assets

$774K

-52.9%YoY

Employees

30

-3.2%YoY

Volunteers

5,014

Program Expense Ratio

82.8%

Fundraising Efficiency

1170.1%

This nonprofit profile presents IRS Form 990 tax filing data for Wish of a Lifetime (EIN: 26-2123649), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue declined -5.9% to $4.1M
Program spending ratio of 82.8% — good
1.9 months of operating reserves — limited runway
Expenses increased +3.2% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements not audited
7-member board, 5 independent

Compensation

Top compensation: $1,099,565 (Director & AARP EVP - COO)
Top exec pay is 22.0% of total expenses — elevated
Schedule J filed for 8 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
82.8% of spending goes to programs
No programs generate independent revenue
5,014 volunteers engaged

Financial Stability

Debt-to-asset ratio of 43.3%
0.3 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Wish of a Lifetime is a 501(c)(3) nonprofit headquartered in Denver, CO, founded in 2008. It is classified under NTEE code P60 (Emergency Assistance), within the Human Services category. The organization has held tax-exempt status since 2008. In its 2024 filing, the organization reported $4.1M in total revenue, a 5.9% decrease from the prior year, and $5.0M in total expenses. The organization employed 30 people and engaged 5,014 volunteers. Scott M Frisch, Director & AARP EVP - COO, is the highest-compensated individual at $1,099,565. The organization runs 1 program, totaling $4.1M in program expenses. 5 of 6 recommended governance policies are in place.

Wish of a Lifetime is classified under NTEE code P60 (Emergency Assistance), which falls within the Human Services category. Its foundation type is 15.

Programs(Tax Year 2024)

1 record

Programs Overview

Wish of a Lifetime operates 1 program, with total program expenses of $4.1M. Wish of a Lifetime's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $4,140,367

We envision a world where everyone ages with hope and joy, older adults are celebrated for their wisdom, accomplishments, and sacrifices, and intergenerational connections enrich our daily lives. Wishes connect older adults to people, purpose, and passions to eliminate feelings of isolation and help them live vibrant, purposeful lives. Wishes are a catalyst to share our recipients incredible and inspiring stories that we believe break down generational boundaries and empower our recipients to once again discover their purpose and passion in life.

Financial Overview(Tax Years 2020–2024)

5 records

Financial Highlights

Over the past 5 years, Wish of a Lifetime's revenue has grown from $2.4M to $4.1M, a 69.9% increase. Program expenses represent 83% of total spending.

Revenue decreased 5.9% year-over-year, while expenses grew 3.2%. net assets fell to $774K, down 52.9% from the prior year. the organization reduced headcount by 1 employees.

Wish of a Lifetime derives 99% from contributions and grants, with 1% from investment income.

Revenue is heavily concentrated: 99% comes from contributions and grants, indicating limited diversification.

Wish of a Lifetime allocates 83% to programs, 10% to management and general, 7% to fundraising.

Revenue declined by 5.9% and expenses grew by 3.2% year over year.

Over 5 filings from 2020–2024, Wish of a Lifetime grew revenue from $2.4M to $4.1M (+69.9%) while maintaining a program expense ratio of 83%. During this period, the organization grew from 18 to 30 employees.

Wish of a Lifetime holds $1.4M in total assets against $592K in liabilities (debt-to-asset ratio of 43%). The organization has 1.9 months of operating reserves. Cash and equivalents of $109K cover approximately 0.3 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$4.1M$4.1M$0$0$45K
2023$4.4M$4.3M$0$0$71K
2022$3.5M$3.5M$0$0$22K
2021$2.4M$2.4M$0$0$0
2020$2.4M$2.4M$0$27K$374

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$5.0M$4.1M$510K$349K$0
2023$4.8M$3.9M$542K$404K$1K
2022$3.0M$2.4M$379K$200K$500
2021$2.1M$1.5M$391K$232K$3K
2020$1.3M$781K$345K$183K$3K

Program Expense Ratio

82.8%

Admin Expense Ratio

10.2%

Fundraising Efficiency

1170.1%

Operating Reserve

1.9 mo

People & Compensation(Tax Year 2024)

15 records

Compensation Summary

Wish of a Lifetime reported compensation for 15 officers and key employees. Total officer compensation was $3.4M, representing 67.1% of total expenses. 2 individuals received total compensation exceeding $500,000.

Wish of a Lifetime's highest-compensated individual received $1.1M in total compensation. Total officer compensation of $3.4M represents 67.1% of total expenses. 1 individual received total compensation exceeding $1,000,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
Scott M FrischDirector & AARP EVP - COO
Director
1.00$0$1,024,073$1,099,565
Karen MercerTreasurer & AARP SVP
Officer
1.00$0$466,489$532,283
Sarah ShawSecretary & AARP SVP
Officer
1.00$0$400,044$464,470
Thomas WagenlanderExecutive Director
Officer
40.00$255,476$0$299,975
Beau BallingerDirector, Business Planning & Ops
Highest Comp
40.00$141,888$0$192,740
Kristen PruskyDirector, Marketing & Comm
Highest Comp
40.00$133,795$0$183,352
Steven GlaserDirector, Wish Program
Highest Comp
40.00$141,672$0$172,149
Jared BloomfieldDirector, Field Program
Highest Comp
40.00$136,646$0$165,606
Elija ValdezManager, Wish Fulfillment
Highest Comp
40.00$105,993$0$133,957
Jeremy BloomBoard Chair
OfficerDirector
1.00$0$112,500$112,500
Eric ChessVice Chair
Director
1.00$0$0$0
Michelle ArmstrongDirector
Director
1.00$0$0$0
Eliot HamlischDirector
Director
1.00$0$0$0
Eric HirschbergDirector
Director
1.00$0$0$0
Laurie Schadegg ThomasDirector
Director
1.00$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

Scott M Frisch

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Karen Mercer

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Sarah Shaw

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Thomas Wagenlander

Base Salary

$198,102

Bonus

$53,067

Other Reportable

$4,307

Retirement/Deferred

$10,047

Nontaxable Benefits

$10,264

Beau Ballinger

Base Salary

$116,778

Bonus

$24,470

Other Reportable

$640

Retirement/Deferred

$5,650

Nontaxable Benefits

$31,600

Kristen Prusky

Base Salary

$112,031

Bonus

$19,936

Other Reportable

$1,828

Retirement/Deferred

$5,279

Nontaxable Benefits

$31,570

Steven Glaser

Base Salary

$116,417

Bonus

$24,815

Other Reportable

$440

Retirement/Deferred

$5,649

Nontaxable Benefits

$11,227

Jared Bloomfield

Base Salary

$112,375

Bonus

$23,841

Other Reportable

$430

Retirement/Deferred

$5,449

Nontaxable Benefits

$10,393

Top Contractors(Tax Year 2024)

2 records

Contractor Summary

Wish of a Lifetime reported 2 contractors receiving over $100,000, with total contractor payments of $265K.

NameServiceCompensation
Media Cause IncMarketing$140,000
Merge Studio LLCWebsite hosting & maintenance$125,423

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Wish of a Lifetime has 5 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 7 members, 5 of whom are independent.

Wish of a Lifetime does not have audited financial statements, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members7
Independent members5

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 2008–2024)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$4.1M$5.0M$774K
2023
990
2023-01-01 – 2023-12-31$4.4M$4.8M$1.6M
2022
990
2022-01-01 – 2022-12-31$3.5M$3.0M$2.1M
2021
990
2021-01-01 – 2021-12-31$2.4M$2.1M$1.6M
2020
990
2020-01-01 – 2020-12-31$2.4M$1.3M$1.4M
2008–2019No filings acquired yet

Frequently Asked Questions

What does Wish of a Lifetime do?

Spark hope and joy in the hearts of older adults by fulfilling their dreams through personalized wish experiences.

How much revenue does Wish of a Lifetime have?

Wish of a Lifetime reported $4,129,021 in total revenue for tax year 2024, down 5.9% from the prior year.

Who is the highest-paid executive at Wish of a Lifetime?

Scott M Frisch, Director & AARP EVP - COO, received $1,099,565 in total compensation as of tax year 2024.

Is Wish of a Lifetime a 501(c)(3)?

Yes, Wish of a Lifetime is classified as a 501(c)(3) tax-exempt organization.

Where is Wish of a Lifetime located?

Wish of a Lifetime is headquartered in Denver, CO 80203.

How many employees does Wish of a Lifetime have?

Wish of a Lifetime has 30 employees and 5,014 volunteers as of tax year 2024.

What type of nonprofit is Wish of a Lifetime?

Wish of a Lifetime is classified under NTEE code P60 (Emergency Assistance), within the Human Services category. It is a 501(c)(3) tax-exempt organization.

Is Wish of a Lifetime audited?

No, Wish of a Lifetime does not currently have audited financial statements.

How much does Wish of a Lifetime spend on fundraising?

Wish of a Lifetime reported $348,999 in fundraising expenses for tax year 2024, which represents 7.0% of total expenses.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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