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 12/2022, Dream Academe Inc generated $42.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $73.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.6%) per year over the past 4 years. 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 WE BEGAN OFFERING FREE EARLY LITERACY CLASSES AT PUBLIC LIBRARIES IN SOUTHERN NH. WE LAUNCHED OUR FIRST BABYSITTING COURSE FOR TEENS IN THE FALL OF 2022 WITH CPR/1ST AID TRAINING INCLUDED. OUR TUTORING PROGRAM EXPANDED TO WORK WITH FOSTER CHILDREN IN SOUTHERN NH. WE ALSO OFFERED A LOWER COST OUTDOOR NATURE STEAM CLASS IN LONG BEACH, CA TO MAKE IT MORE ACCESSIBLE TO MIDDLE CLASS AND LOWER INCOME FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Traci Korhonen President | 35 | $0 | |
Steven Korhonen Treasurer | 1 | $0 | |
Mark Castellino Trustee | 0.25 | $0 | |
Alex Camp Trustee | 0.25 | $0 | |
Teresa Surette Secretary | 0.5 | $0 | |
Katie Hatlestad Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $105 |
Total Program Service Revenue | $41,969 |
Membership dues | $0 |
Investment income | $15 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $42,089 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $10,737 |
Professional fees and other payments to independent contractors | $55,489 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,948 |
Total expenses | $73,174 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,757 |
Other assets | $0 |
Total assets | $13,757 |
Total liabilities | $841 |
Net assets or fund balances | $12,916 |