DREAMS OF HOPE

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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

2004

Legal Domicile

Principal Officer

BEKEZELA MGUNI

Phone

4123612065

Tax Period

2022-08-01 to 2023-07-31

DREAMS OF HOPE, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $254K in total revenue in fiscal year 2022. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $288K exceeded revenue, resulting in a 14% operating deficit.

Mission

OUR CORE VALUES: ALL YOUTH DESERVE RESPECT. ALL PEOPLE ARE CREATIVE. CREATIVE EXPRESSION CONNECTS PEOPLE. OPEN DIALOGUE IS A FOUNDATION FOR EMPATHY AND PEACE. MULTIDISCIPLINARY ARTS DEVELOP THE ENTIRE PERSON.BUILD AWARENESS, AND INCREASE ACCEPTANCE.DREAMS OF HOPE OPERATES TWO PROGRAMS: A PERFORMANCE ENSEMBLE = THEATRIQ - A NEIGHBORHOOD BASED OPEN STAGE, AND A KNOWLEDGE AND RESOURCE DISSEMINATION ABOUT LGBTQA+ = SQOOL.

Program Service Accomplishments

Program 1

Expenses: $70,617 Revenue: $2,211

THEATRIQ IS OUR CORNERSTONE PERFORMING ARTS PROGRAM. EACH FALL A COMBINATION OF STAFF MEMBERS AND INDEPENDENT CONTRACTORS CONVENE AS A WORKING GROUP OF PROFESSIONAL ARTISTS TO RECRUIT, IDENTIFY, AND DEVELOP A COHORT OF TEN YOUTHS AGES 13-26 TO JOIN THE ANNUAL THEATRIQ YOUTH ENSEMBLE. DURING THE WINTER, THEY GUIDE A YOUTH COHORT TO CREATE AN ORIGINAL FULL-LENGTH, MULTIDISCIPLINARY PLAY. THEY COMPLETE AND REHEARSE THE SHOW IN THE SPRING AND PRODUCE MULTIPLE PERFORMANCES. ALL PERFORMANCES CONCLUDE WITH THE ENSEMBLE ENGAGING THE AUDIENCE IN A CONVERSATION ABOUT THE SHOW AND LGBTQA+ TOPICS. IN ADDITION TO THE MAIN-STAGE SHOW, THE YOUTH LEADERS COLLABORATE WITH STAFF TO DECIDE ON OTHER PROJECTS THE TROUPE WANTS TO TAKE ON. RESUMED IN-PERSON PROGRAMMING, BEGAN A MENTORSHIP PROGRAM, ADDED COMMUNITY-BASED PROGRAMMING WITH LOCAL EDUCATIONAL, CULTURAL, ARTISTIC, AND COMMUNITY PARTNERS, AND PRODUCED AN ALCOHOL-FREE YOUTH PRIDE WEEK EVENT.

Program 2

Expenses: $61,552

SQOOL FOCUSES ON IN-SCHOOL AND OUTSIDE-OF-SCHOOL TIME KNOWLEDGE AND RESOURCE DISSEMINATION ABOUT LGBTQA+ IDENTITY, VISIBILITY, AND ACCESS TO RESOURCES THROUGH ARTS-BASED WORKSHOPS AND COLLABORATIVE COMMUNITY EVENTS. THERE ARE SEVERAL COMPONENTS TO THE SQOOL PROGRAM: IN-CLASS RESIDENCIES CONNECTING DREAMS OF HOPE TEACHING ARTISTS WITH CLASSROOM TEACHERS TO AUGMENT CURRICULUM WITH ARTS PRACTICE AND DIALOGUE ON LGBTQA+ THEMES IN A MANNER THAT IS ALIGNED WITH COMMON CORE CURRICULA AND STATE STANDARDS. OUT-OF-CLASS RESIDENCIES ARE DELIVERED IN PARTNERSHIP WITH IN-SCHOOL ALLIES. THESE ARE YOUTH-CURATED ENVIRONMENTS THAT ENGAGE STUDENTS IN ART CREATION AND CONVERSATION ON LGBTQA+ TOPICS. ADDITIONAL ONE-TIME ARTS WORKSHOPS EXPOSE THE PUBLIC TO DREAMS OF HOPE, AND OUR PROGRAMMING AND PROFESSIONAL DEVELOPMENT ACTIVITIES.

Program 3

Expenses: $11,258

COMMUNITY PROGRAMS INCLUDE YOUTH ADVISORY COUNCIL, QUEERNESS AND NATURE RESIDENCY, AND THE DREAMS OF HOPE MENTORSHIP PROGRAM

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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 (2022)

Revenue Breakdown

Contributions & Grants $251,730

Program Service Revenue $2,211

Investment Income $222

Other Revenue $0

TOTAL REVENUE $254,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200,257

Fundraising Expenses $59,219

Program Expenses $143,427

Other Expenses $88,228

TOTAL EXPENSES $288,485

Year-over-Year Comparison

	2022	2021	Change
Revenue	$254,163	$393,900	-0.4%
Expenses	$288,485	$254,323	+0.1%
Net Income	$-34,322	$139,577	-1.2%

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

Volunteers

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

$74,997

Total Directors