DREAMS GO ON INC (EIN 205329315) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Principal Officer

PATRICK J CRAIG

Phone

8146950436

Tax Period

2024-01-01 to 2024-12-31

DREAMS GO ON INC, founded in 2006, is a micro nonprofit in the Diseases & Disorders sector that reported $82K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Net assets of $312K represent 46 months of operating reserves.

Mission

PROVIDE RECREATIONAL ACTIVITIES (NAMELY HORESEBACK RIDING) FOR DISABLED CHILDREN

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,793

Program Service Revenue $0

Investment Income $446

Other Revenue $61,761

TOTAL REVENUE $82,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,286

Fundraising Expenses $0

Program Expenses $81,165

Other Expenses $57,066

TOTAL EXPENSES $89,352

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,000	$108,395	-0.2%
Expenses	$89,352	$103,161	-0.1%
Net Income	$-7,352	$5,234	-2.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANA GORITY	PRESIDENT	5.00	Officer	$0	$0	$0
TRACY PELLEGRINO	VICE PRESIDENT	5.00	Officer	$0	$0	$0
BRENDA FIX	SECRETARY	5.00	Officer	$0	$0	$0
PATRICK CRAIG	TREASURER	1.00	Officer	$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	$82,000	$89,352	$331,084	$-7,352
2023	$108,395	$103,161	$340,137	$5,234
2022	$124,775	$90,464	$333,459	$34,311
2021	$72,924	$66,723	$299,774	$6,201
2020	$248,412	$56,422	$298,520	$191,990

DREAMS GO ON INC