CAN DREAM FOUNDATION INC

EIN: 273065540 501(c)(3) Diseases & Disorders

HANOVER, MD

Total Revenue
$3,649
Total Expenses
$1,826
Total Assets
$29,154
Net Assets
$29,154
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MD
Principal Officer
JACQUELYN SETH
Phone
2405358683
Tax Period
2022-01-01 to 2022-12-31

CAN DREAM FOUNDATION INC, founded in 2010, is a micro nonprofit in the Diseases & Disorders sector that reported $4K in total revenue in fiscal year 2022. Revenue fell 71% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2K, a strong 50% operating margin.

Mission

CURING ALZHEIMER'S NOW (CAN) DREAM FOUNDATION IS A 501(C)3 PRIMARILY SERVING MARYLAND, D.C., AND VIRGINIA WITH A PASSION FOR INCREASING AWARENESS OF ALZHEIMER'S DISEASE (AD), ESPECIALLY AMONG AFRICAN AMERICANS. OUR HOPE IS TO AID REMOVING THE STIGMA OF THE DISEASE WHILE HELPING TO EDUCATE AND IMPROVE INVOLVEMENT IN OUR COMMUNITY. OUR MISSION IS TO PROVIDE EDUCATIONAL OUTREACH TO STUDENTS ABOUT AD. OUR VISION IS TO IGNITE STUDENTS' INTEREST IN FINDING SOLUTIONS THAT REDUCE THE BURDEN OF ALZHEIMER'S ON SOCIETY. OUR GOALS ARE TO: - EMPOWER STUDENTS TO BE ACTIVE PARTICIPANTS IN THE AD MOVEMENT - ENCOURAGE STUDENTS TO BE CHANGE AGENTS FOR AD IN THEIR COMMUNITY - IGNITE AN INCREASE IN THE PIPELINE OF STUDENTS INTO STEM CAREERS OR OTHER INNOVATIVE FIELDS THAT WOULD POSITIVELY IMPACT AD

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,649
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,649

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $623
Other Expenses $1,826
TOTAL EXPENSES $1,826

Year-over-Year Comparison

2022 2021 Change
Revenue $3,649 $12,773 -0.7%
Expenses $1,826 $3,877 -0.5%
Net Income $1,823 $8,896 -0.8%
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

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Governance

Voting Members
5
Independent Members
5
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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELYN SETH DIRECTOR N/A
Officer Director
$0 $0 $0
BRANDY BLAIR DIRECTOR N/A
Director
$0 $0 $0
RANDY MORTIS DIRECTOR N/A
Director
$0 $0 $0
ROCHELLE BROWN DIRECTOR N/A
Director
$0 $0 $0
LAREASE THOMAS DIRECTOR N/A
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 $3,649 $1,826 $29,154 $1,823
2021 $12,773 $3,877 $27,331 $8,896
2020 $11,711 $1,039 $18,435 $10,672
2019 $8,117 $6,678 $7,763 $1,439
2018 $6,492 $3,534 $6,324 $2,958
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