DREAM TEAM DES MOINES

EIN: 843705222 501(c)(3) Youth Development

Des Moines, IA

Total Revenue
$272,104
Total Expenses
$248,707
Total Assets
$259,375
Net Assets
$256,396
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IA
Principal Officer
Norton Hatlie
Tax Period
2025-01-01 to 2025-12-31

DREAM TEAM DES MOINES, founded in 2019, is a small nonprofit in the Youth Development sector that reported $272K in total revenue in fiscal year 2025. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $249K left a modest 9% surplus.

Mission

Dream Team Des Moines is a non-profit organization in central Iowa. We provide young adults with opportunities to build confidence, set goals, and create a healthy lifestyle through mentor-based interactions centered around bicycling. In March, a team of 50-60 teenagers start their 5 month journey to RAGBRAI, a week-long bike ride across Iowa that occurs each July. The riders work with caring volunteers to set goals, work hard, and DREAM BIG! The bicycle is used as a tool to inspire and motivate young people, encourage lifelong wellness, and build confidence through accomplishment. Completing a 400+ mile bike ride across the state gives the participant a tangible sense of achievement, as well as a framework for setting and achieving life goals. The Dream Team makes the seemingly impossible, possible.

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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 (2025)

Revenue Breakdown

Contributions & Grants $265,236
Program Service Revenue $0
Investment Income $7,504
Other Revenue $-636
TOTAL REVENUE $272,104

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $198,339
Other Expenses $248,707
TOTAL EXPENSES $248,707

Year-over-Year Comparison

2025 2024 Change
Revenue $272,104 $189,451 +0.4%
Expenses $248,707 $184,953 +0.3%
Net Income $23,397 $4,498 +4.2%
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

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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
10
Employees
N/A
Volunteers
80

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
4
$0
Total Directors
10
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Fugenschuh President 8
Officer Director
$0 $0 $0
John Reese Director 4
Director
$0 $0 $0
Bif Ridgeway Director 2
Director
$0 $0 $0
Scott Garner Vice President 2
Officer Director
$0 $0 $0
Norton Hatlie Treasurer 6
Officer Director
$0 $0 $0
Jennifer Mann Secretary 3
Officer Director
$0 $0 $0
Heidi Soliday Benson Director 2
Director
$0 $0 $0
Kelsey Pinegar Director 0
Director
$0 $0 $0
Hayden Meister Director 2
Director
$0 $0 $0
Julie Trausch Director 2
Director
$0 $0 $0
Scott Matter Executive Director 40
Key Emp
$0 $0 $0
Kara Waugh Director 0
$0 $0 $0
Jeff Vangenderen Executive Director 0
$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 $272,104 $248,707 $259,375 $23,397
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