Believe in a Dream Inc

EIN: 274786996 501(c)(3) Education

Fort Wayne, IN

Total Revenue
$251,306
Total Expenses
$230,486
Total Assets
$175,379
Net Assets
$173,378
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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
2012
Legal Domicile
IN
Principal Officer
Todd Roberts
Phone
2608041798
Tax Period
2022-07-01 to 2023-06-30

Believe in a Dream Inc, founded in 2012, is a small nonprofit in the Education sector that reported $251K in total revenue in fiscal year 2022. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $230K left a modest 8% surplus.

Mission

Believe In A Dream develops the youth in the greater Fort Wayne area in Entrepreneurship and The Arts by creating hands on learning experiences.

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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 $264,759
Program Service Revenue $0
Investment Income $32
Other Revenue $-13,485
TOTAL REVENUE $251,306

Expense Breakdown

Grants Paid $7,200
Salaries & Benefits $147,318
Fundraising Expenses $41,398
Program Expenses $115,552
Other Expenses $75,968
TOTAL EXPENSES $230,486

Year-over-Year Comparison

2022 2021 Change
Revenue $251,306 $167,096 +0.5%
Expenses $230,486 $178,182 +0.3%
Net Income $20,820 $-11,086 -2.9%
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
8
Independent Members
8
Employees
6
Volunteers
50

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
6
$56,731
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Dragnev Executive Dir. 40.00
Officer
$56,731 $0 $56,731
Jamal Robinson Chairman 0.00
Officer Director
$0 $0 $0
Todd Roberts President 2.00
Officer Director
$0 $0 $0
Lanitra Berry Vice President 1.00
Officer Director
$0 $0 $0
Antoine Drakeford Treasurer 1.00
Officer Director
$0 $0 $0
Michelle Stein Secretary 1.00
Officer Director
$0 $0 $0
Riley Johnson Director 1.00
Director
$0 $0 $0
Dr Audrey F Robinson Director 1.00
Director
$0 $0 $0
Steve Tyler Director 1.00
Director
$0 $0 $0
Val White-Xayarath Director 1.00
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
2024 No data No data No data No data
2023 $251,306 $230,486 $175,379 $20,820
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