DREAM MACHINE INNOVATION LAB

EIN: 922955088 501(c)(3) Crime & Legal

LOS ANGELES, CA

Total Revenue
$1,890,500
Total Expenses
$4,319,773
Total Assets
$215,673
Net Assets
$160,911
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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
2023
Legal Domicile
CA
Principal Officer
ANTHONY JONES
Phone
5104358818
Tax Period
2024-01-01 to 2024-12-31

DREAM MACHINE INNOVATION LAB, founded in 2023, is a community nonprofit in the Crime & Legal sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $4.3M exceeded revenue, resulting in a 128% operating deficit.

Mission

DREAM MACHINE INNOVATION LAB IS BUILDING A NETWORK OF UNLIKELY ALLIES TO CREATE A BETTER FUTURE FOR OVERLOOKED COMMUNITIES. OUR GOAL IS TO REINVENT THE FAILING SYSTEMS THAT LEAD TO EXCESS PRISONS, POVERTY AND POLLUTION. OUR OBSTACLE IS POLARIZATION. BY CREATING UNITY ACROSS LINES OF DIFFERENCE, WE GENERATE THE POWER TO IMAGINE AND DELIVER SMART SOLUTIONS TO THE MOST PRESSING ISSUES OF TODAY - AND TOMORROW. WE BUILD NETWORKS THAT CHANGE THE WORLD.

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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 $1,890,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,890,500

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $2,059,870
Fundraising Expenses $0
Program Expenses $2,073,445
Other Expenses $2,244,903
TOTAL EXPENSES $4,319,773

Year-over-Year Comparison

2024 2023 Change
Revenue $1,890,500 $5,000,000 -0.6%
Expenses $4,319,773 $2,310,348 +0.9%
Net Income $-2,429,273 $2,689,652 -1.9%
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
3
Independent Members
2
Employees
13
Volunteers
8

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
$698,159
Total Directors
3
$402,260
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY VAN JONES CEO AND DIRECTOR 40.00
Officer Director
$342,077 $60,183 $402,260
SOMER HUNTLEY COO 40.00
Officer
$244,288 $51,611 $295,899
ANDREA LICHTENFELD CREATIVE DIRECTOR 40.00
Highest
$185,363 $20,990 $206,353
AUGUSTA ALEXANDER CHIEF OF STAFF 40.00
Highest
$165,000 $18,947 $183,947
KALIA LYDGATE SENIOR STRATEGIST 40.00
Highest
$132,096 $44,663 $176,759
DOMONIQUE FINES VP, AI INIATIVE 40.00
Highest
$143,915 $4,978 $148,893
MAKAELA KINGSLEY SENIOR DIRECTOR OF STRATEGIC PARTNERSHIPS 40.00
Highest
$142,000 $2,594 $144,594
JAMIE LUNDER PRESIDENT AND DIRECTOR 5.00
Officer Director
$0 $0 $0
KAREN STREETER SECRETARY AND TREASURER 5.00
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 $1,890,500 $4,319,773 $215,673 $-2,429,273
2023 $5,000,000 $2,310,348 $2,732,028 $2,689,652
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