Dream Innovations Incorporated (EIN 833863597) - 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

2019

Legal Domicile

Principal Officer

Raymonda Delaware

Phone

7692457488

Tax Period

2024-07-01 to 2025-06-30

Dream Innovations Incorporated, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $219K in total revenue in fiscal year 2024.

Mission

Dream Innovations Inc. is dedicated to revolutionizing rural & underserved communities through innovation and technology. We strive to support the rapid closure of the digital divide by empowering individuals and boosting local economies by granting access to state-of-the-art resources nurturing entrepreneurship and promoting lifelong learning. Our unwavering commitment to bridging the urban-rural divide drives us to enhance the quality of life and create sustainable opportunities in rural regions all while fostering a spirit of empowerment and positive change.

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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 $218,966

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $218,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,680

Fundraising Expenses $0

Program Expenses $224,064

Other Expenses $105,384

TOTAL EXPENSES $224,064

Year-over-Year Comparison

	2024	2023	Change
Revenue	$218,966	$218,966	N/A
Expenses	$224,064	$234,115	0.0%
Net Income	$-5,098	$-15,149	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Raymonda Delaware	Executive Director	40.00	Key Emp Highest	$0	$0	$0
Angela Kirkland	Finance Manager	40.00	Key Emp	$0	$0	$0
Terry Mays Jr	Operations Manager	40.00	Key Emp	$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	$218,966	$224,064	No data	$-5,098
2024	$358,479	$394,125	No data	$-35,646

Dream Innovations Incorporated