DREAM MACHINE INNOVATION SO INC

EIN: 992970860 501(c)(3) Community Improvement

LOS ANGELES, CA

Total Revenue
$50,378,638
Total Expenses
$1,234,363
Total Assets
$49,080,826
Net Assets
$49,068,673
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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
2024
Legal Domicile
DE
Principal Officer
ANTHONY JONES
Phone
5104358818
Tax Period
2024-08-01 to 2024-12-31

DREAM MACHINE INNOVATION SO INC, founded in 2024, is a mid-sized nonprofit in the Community Improvement sector that reported $50.4M in total revenue in fiscal year 2024. The organization ran a surplus of $49.1M, a strong 98% operating margin.

Mission

TO SUPPORT DREAM MACHINE INNOVATION LAB ("DMIL") AND DOMESTIC PUBLICLY SUPPORTED ORGANIZATIONS THAT ARE ENGAGED IN CREATING OPPORTUNITIES FOR UNDESERVED AND UNDER RESOURCED COMMUNITIES, THUS FURTHERING THE MISSION OF DMIL, ITS SUPPORTED ORGANIZATION.

Program Service Accomplishments

Program 1
Expenses: $1,156,076

DREAM MACHINE INNOVATION SUPPORTING ORGANIZATION IS A TYPE 1 SUPPORTING ORGANIZATION ("DMISO") TO SUPPORT DREAM MACHINE INNOVATION LAB ("DMIL") AND DOMESTIC PUBLICLY SUPPORTED ORGANIZATIONS BY...

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DREAM MACHINE INNOVATION SUPPORTING ORGANIZATION IS A TYPE 1 SUPPORTING ORGANIZATION ("DMISO") TO SUPPORT DREAM MACHINE INNOVATION LAB ("DMIL") AND DOMESTIC PUBLICLY SUPPORTED ORGANIZATIONS BY PROVIDING CHARITABLE GRANTS DURING 2024.

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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 $49,587,815
Program Service Revenue $0
Investment Income $790,823
Other Revenue $0
TOTAL REVENUE $50,378,638

Expense Breakdown

Grants Paid $1,150,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,156,076
Other Expenses $84,363
TOTAL EXPENSES $1,234,363

Year-over-Year Comparison

2024 2023 Change
Revenue $50,378,638 N/A N/A
Expenses $1,234,363 N/A N/A
Net Income $49,144,275 N/A N/A
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
1
Employees
N/A
Volunteers
1

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
3
$698,159
Total Directors
3
$698,159
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SOMER HUNTLEY TREASURER & SECRETARY 10.00
Officer Director
$0 $51,611 $295,899
ANTHONY JONES PRESIDENT 10.00
Officer Director
$0 $60,183 $402,260
JAMIE LUNDER DIRECTOR 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
2024 $50,378,638 $1,234,363 $49,080,826 $49,144,275
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