HANG ON TO THE DREAM FOUNDATION

EIN: 043785573 501(c)(3) Youth Development

TROY, MI

Total Revenue
$224,587
Total Expenses
$85,545
Total Assets
$141,674
Net Assets
$141,674
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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
2004
Legal Domicile
MI
Principal Officer
STEVEN EWING
Phone
8883732615
Tax Period
2020-01-01 to 2020-12-31

HANG ON TO THE DREAM FOUNDATION, founded in 2004, is a small nonprofit in the Youth Development sector that reported $225K in total revenue in fiscal year 2020. The organization ran a surplus of $139K, a strong 62% operating margin.

Mission

PROVIDE YOUNG PEOPLE WHO ARE CONSIDERED POSITIVE ROLE MODELS FOR OTHER KIDS WITH NEEDED EQUIPMENT, OPPORTUNITIES AND/OR FINANCES, TO HELP THEM ACHIEVE THEIR GOALS IN LIFE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $224,519
Program Service Revenue $0
Investment Income $68
Other Revenue $0
TOTAL REVENUE $224,587

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $85,545
TOTAL EXPENSES $85,545

Year-over-Year Comparison

2020 2019 Change
Revenue $224,587 N/A N/A
Expenses $85,545 N/A N/A
Net Income $139,042 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
2
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DORA EWING SECRETARY 1.00
Director
$0 $0 $0
STEVEN EWING PRESIDENT 40.00
Officer Director
$0 $0 $0
ELIZABETH QUALE TREASURER 1.00
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
2020 $224,587 $85,545 $141,674 $139,042
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