DREAM ACADEMY (EIN 611617571) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Phone

8046909404

Tax Period

2023-01-01 to 2023-12-31

DREAM ACADEMY, founded in 2010, is a micro nonprofit in the Education sector that reported $86K in total revenue in fiscal year 2023. Expenses of $98K exceeded revenue, resulting in a 14% operating deficit.

Mission

Provides second chance for adults to earn a high school diploma and train for entry level health care careers

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $35,062

Program Service Revenue $50,681

Investment Income $0

Other Revenue $0

TOTAL REVENUE $85,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $98,116

Other Expenses $98,116

TOTAL EXPENSES $98,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$85,743	$85,711	+0.0%
Expenses	$98,116	$85,711	+0.1%
Net Income	$-12,373	$0	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

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
Joann Henry	Principal	40.00	Director Key Emp	$0	$0	$0
Jeremy Lazarus	Chief Financial Officer	3.00	Director Key Emp	$0	$0	$0
Gerilyn Smith	Board president	3.00	Director	$0	$0	$0
William Johnson	Board vice chair	3.00	Director	$0	$0	$0
Paul Goldman	Director	3.00	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
2023	$85,743	$98,116	$55,531	$-12,373

DREAM ACADEMY