Dream AcadeME Inc

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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

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 EMPOWER EACH CHILD WITH A LOVE FOR LEARNING AND ENTHUSIASM FOR LIFE THROUGH OUR ALTERNATIVE EDUCATION PROGRAMS. WE PARTNER WITH FAMILIES AND LOCAL ORGANIZATIONS TO DEVELOP COMMUNITY MINDED ENVIRONMENTALLY CONSCIOUS AND EMPOWERED YOUTH THROUGH CONSTRUCTIVISM AND NATURE-BASED EDUCATION IN STUDENT HOMES AND USING THE CITY AS A CLASSROOM.

Program Service Accomplishments

Program 1

Expenses: $80,033

In 2024 we continued with free Early Literacy Classes at public libraries in southern NH. We offered an art and music class to a microschool in Los Angeles county. We offered a summer long outdoor...

In 2024 we continued with free Early Literacy Classes at public libraries in southern NH. We offered an art and music class to a microschool in Los Angeles county. We offered a summer long outdoor education, Reggio-inspired summer camp in Southern New Hampshire. We support the start up phase of a chartered public school. We continued tutoring services for children and adults with learning disabilities in New Hampshire and California. We operated a coop microschool in southern New Hampshire for homeschool families.

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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 $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

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

$25,426

Total Directors

$27,736

Key Employees

Highest Compensated

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