Dream Academe Inc
- Assets
- $51.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Amherst, NH
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-1819247
Organization Overview
Dream Academe Inc is located in Amherst, NH. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Academe Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Dream Academe Inc generated $158.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $168.2k during the year ending 12/2021. While expenses have increased by 19.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 WE OPENED OUR EAST COAST BRANCH AND ESTABLISHED MOMMY & ME CLASSES ON THE EAST COAST IN NH. WE ALSO STARTED OFFERING TUTORING SERVICES IN THE NEW ENGLAND AREA FOR CHILDREN WITH SPECIAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Traci Korhonen President | 35 | $49,751 | |
Steven Korhonen Treasurer | 1 | $1,531 | |
Mark Castellino Trustee | 0.25 | $0 | |
Teresa Surette Secretary | 0.5 | $0 | |
Alex Camp Trustee | 0.25 | $0 | |
Amber Stern Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $118 |
| Total Program Service Revenue | $157,945 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13 |
| Total Revenue | $158,076 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $93,700 |
| Professional fees and other payments to independent contractors | $67,554 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $285 |
| Other expenses | $6,625 |
| Total expenses | $168,164 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,466 |
| Other assets | $0 |
| Total assets | $51,764 |
| Total liabilities | $7,763 |
| Net assets or fund balances | $44,001 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dream Academe Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
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