DREAMS ABROAD INC

EIN: 991580856 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$408,065
Total Expenses
$322,038
Total Assets
$130,568
Net Assets
$130,568
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
DE
Principal Officer
BRAD TRUESDELL
Phone
9547908263
Tax Period
2025-01-01 to 2025-12-31

DREAMS ABROAD INC, founded in 2024, is a small nonprofit in the Education sector that reported $408K in total revenue in fiscal year 2025. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 21% operating margin.

Mission

DREAMS ABROAD EDUCATES, SUPPORTS, AND EMPOWERS PROFESSIONALS WHO DREAM TO WORK, STUDY, AND LIVE ABROAD. THE ORGANIZATION HAS BEEN ESTABLISHED AND IS TO BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. SPECIFICALLY, THE ORGANIZATION WILL (CONT. ON SCHEDULE O) ACCELERATE THE DREAMS AND CAREERS OF GLOBAL PROFESSIONALS THROUGH AUTHENTIC ENGAGEMENT WITH KNOWLEDGEABLE LOCALS, EXPERIENTIAL LEARNING, AND PERSONAL EXPLORATION. THROUGH THE ORGANIZATION'S WEBSITE, SOCIAL MEDIA, LOCAL EVENTS, AND SCHOLARSHIP AND SPONSORSHIP PROGRAMS, IT WILL PROVIDE PROFESSIONALS WITH VITAL INFORMATION AND RESOURCES TO INSPIRE AND GUIDE THEM THROUGH THE VAST OPPORTUNITIES AVAILABLE TO WORK, STUDY, AND LIVE OVERSEAS.

Program Service Accomplishments

Program 1
Expenses: $121,522

THE ORGANIZATION WILL CHRONICLE THE LIVES OF ITS INTERNATIONAL NETWORK AND PROVIDE A PLATFORM FOR INDIVIDUALS TO CHART THEIR GLOBAL ADVENTURES, EDUCATE OTHERS ON SPECIFIC LOCATIONS AND CUSTOMS, AND...

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THE ORGANIZATION WILL CHRONICLE THE LIVES OF ITS INTERNATIONAL NETWORK AND PROVIDE A PLATFORM FOR INDIVIDUALS TO CHART THEIR GLOBAL ADVENTURES, EDUCATE OTHERS ON SPECIFIC LOCATIONS AND CUSTOMS, AND SHARE STORIES TO ENLIGHTEN AND INSPIRE OTHERS. THE ORGANIZATION ALSO CONDUCTS A "MEET THE LOCALS" PROGRAM WHICH TURNS A SPOTLIGHT ON LOCAL COMMUNITY-MINDED ENTREPRENEURS, ARTISTS, SMALL BUSINESSES, AND NONPROFITS MAKING A PROFOUND IMPACT WITHIN THEIR COMMUNITIES AROUND THE WORLD. IN ADDITION TO FEATURED ARTICLES, THE ORGANIZATION HOSTS MEET THE LOCALS EVENTS ACROSS THE GLOBE, HIGHLIGHTS THE PASSION, EXPERTISE, AND ENGAGEMENT THE LOCALS OFFER THEIR COMMUNITY AND ORGANIZATION SPONSORSHIP RECIPIENTS AND SUPPORTERS. THE ORGANIZATION IS ACTIVELY RECRUITING ENTREPRENEURS, SMALL BUSINESSES, AND (CONT. ON SCHEDULE O) NONPROFITS TO ITS MEET THE LOCALS PROGRAM. THE ORGANIZATION DEVELOPED A SCHOLARSHIP PROGRAM IN 2024 TO HELP DEFRAY THE COSTS OF PARTICIPANTS' EDUCATIONAL AND PROFESSIONAL JOURNEYS. THESE SCHOLARSHIPS COVER A WIDE RANGE OF ACTIVITIES AND AGE GROUPS THAT ALIGN TO THE MISSION OF THE ORGANIZATION.IN 2025, THE ORGANIZATION SENT ITS FIRST SCHOLARSHIP RECIPIENT ABROAD.

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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 $408,065
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $408,065

Expense Breakdown

Grants Paid $8,293
Salaries & Benefits $0
Fundraising Expenses $86,379
Program Expenses $121,522
Other Expenses $313,745
TOTAL EXPENSES $322,038

Year-over-Year Comparison

2025 2024 Change
Revenue $408,065 $232,513 +0.8%
Expenses $322,038 $187,972 +0.7%
Net Income $86,027 $44,541 +0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEESA TRUESDELL PRESIDENT AND SECRETARY 60.00
Officer Director
$0 $0 $0
BRAD TRUESDELL TREASURER 10.00
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
2025 $408,065 $322,038 $130,568 $86,027
2024 $232,513 $187,972 $44,541 $44,541
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