THE IMPOSSIBLE DREAM INC (EIN 800969365) - Form 990 Financial Analysis & Trantor Score

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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

Legal Domicile

Principal Officer

Deborah Mellen

Phone

3059860514

Tax Period

2025-01-01 to 2025-12-31

THE IMPOSSIBLE DREAM INC, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $349K in total revenue in fiscal year 2025. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 16% operating margin.

Mission

TO UTILIZE IMPOSSIBLE DREAM, A UNIVERSALLY ACCESSIBLE 60' CATAMARAN, TO ENGAGE GLOBAL COMMUNITY

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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 (2025)

Revenue Breakdown

Contributions & Grants $349,452

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $349,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,040

Fundraising Expenses $0

Program Expenses $292,797

Other Expenses $225,757

TOTAL EXPENSES $292,797

Year-over-Year Comparison

	2025	2024	Change
Revenue	$349,452	$214,397	+0.6%
Expenses	$292,797	$294,585	0.0%
Net Income	$56,655	$-80,188	-1.7%

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

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

$67,040

Total Directors

$67,040

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Rey	CEO	1	Officer Director	$67,040	$0	$67,040
David Mccauley	Director	1	Director	$0	$0	$0
DEBORAH MELLEN	CHAIRWOMAN	50	Director	$0	$0	$0
HARRY HORGAN	TREASURER	50	Officer Director	$0	$0	$0
ALAN BROWN	DIRECTOR	1	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
2025	$349,452	$292,797	$332,360	$56,655
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$585,889	$431,546	$368,638	$154,343
2022	$285,471	$260,808	$243,331	$24,663
2021	$142,108	$198,319	$146,223	$-56,211
2020	$203,367	$231,585	$215,208	$-28,218
2019	$187,873	$267,577	$205,507	$-79,704
2018	$147,962	$197,309	$211,096	$-49,347

THE IMPOSSIBLE DREAM INC