REKINDLING THE DREAM FOUNDATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

JAVIER MONTANEZ

Phone

4012782853

Tax Period

2021-07-01 to 2022-06-30

Mission

THE ORGANIZATION IS OPERATED SOLELY FOR THE BENEFIT OF AND IN CONJUNCTION WITH THE PROVIDENCE SCHOOL DEPARTMENT.

Program Service Accomplishments

Program 1

Expenses: $50

TO PROMOTE AND ENHANCE PUBLIC SCHOOL EDUCATION IN PROVIDENCE, RHODE ISLAND BY PROVIDING FINANCIAL SUPPORT FOR EDUCATIONAL PROJECTS, ENRICHMENT PROGRAMS AND OTHER EDUCATIONAL INITIATIVES. THE GOALS...

TO PROMOTE AND ENHANCE PUBLIC SCHOOL EDUCATION IN PROVIDENCE, RHODE ISLAND BY PROVIDING FINANCIAL SUPPORT FOR EDUCATIONAL PROJECTS, ENRICHMENT PROGRAMS AND OTHER EDUCATIONAL INITIATIVES. THE GOALS ARE AS FOLLOWS: A. RAISE PRIVATE FUNDS BY REACHING OUT TO INSTITUTIONAL SOURCES, PRIVATE AND PUBLIC SOURCES, INCLUDING WITHOUT LIMITATION, BUSINESS ORGANIZATIONS, CIVIC ORGANIZATIONS, AND INDIVIDUALS. B. INCREASE COMMUNITY AWARENESS ABOUT THE SCHOOL DISTRICT'S ACCOMPLISHMENTS, DEMOGRAPHICS, CHALLENGES AND GOALS, AND PROVIDE WAYS FOR INDIVIDUALS AND ORGANIZATIONS TO SHARE THEIR RESOURCES TO ENHANCE THE QUALITY OF PROVIDENCE'S PUBLIC EDUCATION. C. DISTRIBUTE FUNDS THROUGH GRANTS TO PAY FOR MATERIALS, EQUIPMENT, PROGRAMS, AND INITIATIVES WHICH ARE CONSISTENT WITH THE PROVIDENCE PUBLIC SCHOOL CURRICULUM AND PROVIDENCE PUBLIC SCHOOL POLICY, AND WHICH ARE INTENDED TO ENHANCE THE EDUCATIONAL EXPERIENCE BEYOND THE USUAL CLASSROOM EXPERIENCE.

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Trantor Score

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

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50

Other Expenses $2,885

TOTAL EXPENSES $2,885

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	N/A	N/A
Expenses	$2,885	$36,145	-0.9%
Net Income	N/A	$-36,145	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAVIER MONTANEZ	PRESIDENT	0.50	Officer Director	$0	$0	$0
NICHOLAS HEMOND	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
SCOTT BARR	DIRECTOR	0.50	Director	$0	$0	$0
DAVID ELLISON	DIRECTOR	0.50	Director	$0	$0	$0
STEPHANIE FEDERICO	DIRECTOR	0.50	Director	$0	$0	$0
CHARLES RUGGERIO	DIRECTOR	0.50	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
2022	No data	$2,885	No data	No data
2021	No data	$36,145	$148,439	No data
2020	$41,829	$28,062	$184,584	$13,767
2019	$138,435	$322,058	$170,817	$-183,623
2018	$95,028	$531,616	$381,498	$-436,588