HUNTSVILLE DREAM CENTER INC (EIN 270039458) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Gregory L Gillman

Phone

2565339292

Tax Period

2023-01-01 to 2023-12-31

THE HUNTSVILLE DREAM CENTER INC, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $824K in total revenue in fiscal year 2018. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $706K left a modest 14% surplus.

Mission

TO SPREAD THE GOSPEL BY REACHING OUT TO THE COMMUNITY AND GIVING AID IN THE FORM OF CLOTHING, FOOD, AND OTHER HUMANITARIAN ASSISTANCE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,103,361

Program Service Revenue $0

Investment Income $18,396

Other Revenue $153,957

TOTAL REVENUE $1,275,714

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,000

Fundraising Expenses $26,950

Program Expenses $1,524,308

Other Expenses $1,566,249

TOTAL EXPENSES $1,579,249

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,275,714	$1,311,046	0.0%
Expenses	$1,579,249	$1,265,277	+0.2%
Net Income	$-303,535	$45,769	-7.6%

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

120

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
RUSTY NELSON	PRESIDENT	2	Officer Director	$0	$0	$0
GREG GILLMAN	SECRETARY/ TREASURER	2	Officer Director	$0	$0	$0
GARY ELDRIDGE	BOARD MEMBER	1	Director	$0	$0	$0
NANCY REYES	BOARD MEMBER	1	Director	$0	$0	$0
SCOTT JONES	BOARD MEMBER	1	Director	$0	$0	$0
CARTER HALEY	BOARD MEMBER	1	Director	$0	$0	$0
MARCHANNE CASTOR	BOARD MEMBER	1	Director	$0	$0	$0
PAUL SMITH	BOARD MEMBER	1	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	$1,275,714	$1,579,249	$1,020,579	$-303,535
2022	$1,311,046	$1,265,277	$1,324,783	$45,769
2021	$1,196,687	$1,109,900	$1,244,938	$86,787
2020	$1,405,219	$921,211	$1,161,344	$484,008
2019	$742,084	$861,580	$676,168	$-119,496
2018	$823,935	$705,948	$790,447	$117,987

HUNTSVILLE DREAM CENTER INC