ACHIEVING DREAMS INC (EIN 263420635) - 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

2008

Legal Domicile

Principal Officer

ERIC DAGGS

Phone

7634242431

Tax Period

2023-01-01 to 2023-12-31

ACHIEVING DREAMS INC, founded in 2008, is a community nonprofit in the Youth Development sector that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $936K, a strong 25% operating margin.

Mission

TO PROVIDE FINANCIAL HELP FOR THE FAMILIES AND INDIVIDUALS, SO THEY MAY PARTICIPATE IN ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,253

Program Service Revenue $3,716,132

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,726,385

Expense Breakdown

Grants Paid $2,655,184

Salaries & Benefits $66,000

Fundraising Expenses $16,613

Program Expenses $2,725,882

Other Expenses $68,995

TOTAL EXPENSES $2,790,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,726,385	$2,581,569	+0.4%
Expenses	$2,790,179	$1,994,976	+0.4%
Net Income	$936,206	$586,593	+0.6%

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

N/A

Volunteers

1400

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

$66,000

Total Directors

$66,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLIS DAGGS	TREASURER/SECRETARY	16.00	Officer Director	$66,000	$0	$66,000
ERIC DAGGS	PRESIDENT	5.00	Officer Director	$0	$0	$0
NATALIE HANSEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LYNN REGAN	DIRECTOR	1.00	Director	$0	$0	$0
SHELLY ROY	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE BARNER	DIRECTOR	1.00	Director	$0	$0	$0
CANDACE SWENSON	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$3,726,385	$2,790,179	$2,337,012	$936,206
2022	$2,581,569	$1,994,976	$1,400,806	$586,593
2021	$1,153,259	$619,858	$814,213	$533,401
2019	$1,255,404	$1,240,733	$629,894	$14,671
2018	$970,677	$804,561	$615,223	$166,116

ACHIEVING DREAMS INC