Dream AcadeME Inc

EIN: 811819247 501(c)(3) Education

Amherst, NH

Total Revenue
$535,865
Total Expenses
$101,508
Total Assets
$1,874,205
Net Assets
$454,205
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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
2016
Legal Domicile
NH
Principal Officer
TRACI KORHONEN
Phone
6199299370
Tax Period
2024-01-01 to 2024-12-31

Dream AcadeME Inc, founded in 2016, is a small nonprofit in the Education sector that reported $536K in total revenue in fiscal year 2024. Revenue surged 862% from the prior year, signaling strong growth momentum. The organization ran a surplus of $434K, a strong 81% operating margin.

Mission

TO PROVIDE ALTERNATIVE EDUCATION SERVICES

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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 (2024)

Revenue Breakdown

Contributions & Grants $360,397
Program Service Revenue $185,034
Investment Income $325
Other Revenue $-9,891
TOTAL REVENUE $535,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,736
Fundraising Expenses $0
Program Expenses $80,033
Other Expenses $73,772
TOTAL EXPENSES $101,508

Year-over-Year Comparison

2024 2023 Change
Revenue $535,865 $55,686 +8.6%
Expenses $101,508 $48,923 +1.1%
Net Income $434,357 $6,763 +63.2%
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

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Governance

Voting Members
10
Independent Members
6
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
3
$25,426
Total Directors
10
$27,736
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACI KORHONEN President 11.00
Officer Director
$25,426 $0 $25,426
NANCY FLEMING Trustee 2.00
Director
$2,310 $0 $2,310
TERESA SURETTE Secretary 1.00
Officer Director
$0 $0 $0
MARK CASTELLINO Trustee 0.50
Director
$0 $0 $0
KATIE HATLESTAD Trustee 0.50
Director
$0 $0 $0
EMILY ROSE REEDER Trustee 0.50
Director
$0 $0 $0
ANNA REEDER Trustee 0.50
Director
$0 $0 $0
STEVEN KORHONEN Trustee 2.00
Director
$0 $0 $0
MAGGIE VAN CAMP Trustee 1.00
Director
$0 $0 $0
STEPHANIE LAFLAM Treasurer 2.00
Officer 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 $535,865 $101,508 $1,874,205 $434,357
2020 $230,070 $208,669 $56,174 $21,401
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