Civic Intelligence

Dream Academe Inc.

990EZ • Fiscal year 2019 • EIN 81-1819247

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 13, 2020

11111 Jefferson Blvd No 4656Culver City, CA 90231

(619) 929-9370

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

89th percentile

$39,452

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 25.1% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-39%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$32,599

Down $17,665 (-35%) from 2018

Net Assets

Down

$32,599

Down $17,665 (-35%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$157,430

Down $99,748 (-39%) from 2018

Expenses

Down

$175,095

Down $88,026 (-33%) from 2018

Net Income

Down

-$17,665

Down $11,722 (-197%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2016: $7,188Liabilities 2016: $02016Assets 2017: $56,035Liabilities 2017: $0Net Assets 2017: $56,0352017Assets 2018: $50,264Liabilities 2018: $0Net Assets 2018: $50,2642018Assets 2019: $32,599Liabilities 2019: $0Net Assets 2019: $32,5992019Assets 2020: $56,174Liabilities 2020: $2,165Net Assets 2020: $54,0092020Assets 2021: $51,764Liabilities 2021: $7,763Net Assets 2021: $44,0012021Assets 2022: $13,757Liabilities 2022: $841Net Assets 2022: $12,9162022Assets 2023: $28,709Liabilities 2023: $799Net Assets 2023: $27,9102023Assets 2024: $1,874,205Liabilities 2024: $1,420,000Net Assets 2024: $454,2052024

Highlighted filing

2019

Assets$32,599
Liabilities$0
Net Assets$32,599

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $65,753Expenses 2016: $58,996Net Income 2016: $6,7572016Revenue 2017: $276,121Expenses 2017: $220,087Net Income 2017: $56,0342017Revenue 2018: $257,178Expenses 2018: $263,121Net Income 2018: -$5,9432018Revenue 2019: $157,430Expenses 2019: $175,095Net Income 2019: -$17,6652019Revenue 2020: $230,070Expenses 2020: $208,669Net Income 2020: $21,4012020Revenue 2021: $158,076Expenses 2021: $168,164Net Income 2021: -$10,0882021Revenue 2022: $42,089Expenses 2022: $73,174Net Income 2022: -$31,0852022Revenue 2023: $55,686Expenses 2023: $48,923Net Income 2023: $6,7632023Revenue 2024: $535,865Expenses 2024: $101,508Net Income 2024: $434,3572024

Highlighted filing

2019

Revenue$157,430
Expenses$175,095
Net Income-$17,665
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 13, 2020
Return Version
2019v5.0
Gross Receipts
$157,430
Mission and Program Overview

Mission

To empower each child with a love for learning and enthusiasm for life through our alternative education programs. We partner with families and local organizations to develop community minded environmentally conscious and empowered youth through constructivism and nature-based education in student homes and using the city as a classroom.

To empower each child with a love for learning and an enthusiasm for life through alternative education programs. We partner with families and local organizations to develop community minded, environmentally conscious, and empowered youth through constructivism and nature-based education in student homes and using the city as a classroom.

Program Services

DescriptionGrantsExpenses
Provide alternative education services to approximately 50 families.$0$126,533
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Traci KorhonenPresidentFT$39,452-$39,452
Teresa CortesSecretary-$0--
James DemuthTreasurer-$0--
Mark CastellinoBoard Member-$0--
Taura MizrahiBoard Member-$0--
Alex CampBoard Member-$0--
Teresa SuretteBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Dream Academe Inc
EIN
81-1819247
Phone
6199299370
Address
11111 Jefferson Blvd No 4656, Culver City, CA 90231

Signing Officer

Name
Traci Korhonen
Title
Founder/CEO
Phone
6199299370
Signed
2020-03-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Line B

We amended our 2018 990 form in early 2020.

Form 990-EZ, Part I, Line 8

Description;Amount^Program Services Refund;40^Total;40^

Form 990-EZ, Part I, Line 16

Description;Amount^Advertising;1069|Office;706|Travel;19|Conferences;629|Interest;500|Meals and Entertainment;736|Camp;2062|Teaching Supplies;53^Total;5774^

Raw XML Appendix201 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0To empower each child with a love for learning and an enthusiasm for life through alternative education programs. We partner with families and local organizations to develop community minded, environmentally conscious, and empowered youth through constructivism and nature-based education in student homes and using the city as a classroom.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We amended our 2018 990 form in early 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Program Services Refund;40^Total;40^
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Header, Line B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Traci Korhonen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06199299370
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DREAM ACADEME INC
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0811819247
ReturnHeader/Filer/PhoneNum06199299370
ReturnHeader/Filer/USAddress/AddressLine1Txt011111 Jefferson Blvd No 4656
ReturnHeader/Filer/USAddress/CityNm0Culver City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090231
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.6.112.132
ReturnHeader/ReturnTs02020-03-14T22:55:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings