FOSTERING DREAMS PROJECT

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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

2014

Principal Officer

MELANIE BUTTARAZZI

Phone

8182843506

Tax Period

2024-01-01 to 2024-12-31

FOSTERING DREAMS PROJECT, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $695K in total revenue in fiscal year 2024. The organization ran a surplus of $290K, a strong 42% operating margin.

Mission

DANCE AND PERFORMING ARTS PROGRAMS FOR YOUTH IN FOSTER CARE

Program Service Accomplishments

Program 1

Expenses: $156,450 Revenue: $373,344

LAUSD'S ARTS AND MUSIC BASED PROGRAM OFFERS FOSTER YOUTH AND OTHER SYSTEM- INVOLVED YOUTH A VALUABLE AVENUE TO ENGAGE WITH DANCE AND ACCESS ART EDUCATION. BEYOND DEVELOPING ARTISTIC SKILLS, THE...

LAUSD'S ARTS AND MUSIC BASED PROGRAM OFFERS FOSTER YOUTH AND OTHER SYSTEM- INVOLVED YOUTH A VALUABLE AVENUE TO ENGAGE WITH DANCE AND ACCESS ART EDUCATION. BEYOND DEVELOPING ARTISTIC SKILLS, THE PROGRAM ALSO SERVES AS A THERAPEUTIC OUTLET, SUPPORTING THEIR SOCIAL AND EMOTIONAL WELL-BEING. BY COMBINING CREATIVE EXPRESSION WITH THERAPEUTIC BENEFITS, FDP EMPOWERS THESE YOUNG INDIVIDUALS TO EXPLORE THEIR EMOTIONS, BUILD CONFIDENCE, AND FOSTER PERSONAL GROWTH. SERVED OVER 13,000 STUDENTS

Program 2

Expenses: $21,431 Revenue: $33,373

BENEFITED, ARTS FOR HEALING JUSTICE NETWORK SCHOOL PROGRAMS AND WORKSHOPS: 850 STUDENTS AND EDUCATORS BENEFITED

Program 3

Expenses: $25,200

CALIFORNIA ARTS COUNCIL: 160 YOUTH BENEFITED

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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 (2024)

Revenue Breakdown

Contributions & Grants $118,479

Program Service Revenue $556,997

Investment Income $19,561

Other Revenue $0

TOTAL REVENUE $695,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,464

Fundraising Expenses $65

Program Expenses $328,349

Other Expenses $226,496

TOTAL EXPENSES $404,960

Year-over-Year Comparison

	2024	2023	Change
Revenue	$695,037	$683,145	+0.0%
Expenses	$404,960	$335,367	+0.2%
Net Income	$290,077	$347,778	-0.2%

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

N/A

Employees

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

$156,000

Total Directors