DROPPING DIMES FOUNDATION INC (EIN 352518831) - 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

2014

Legal Domicile

Principal Officer

SCOTT TARTER

Phone

3176845375

Tax Period

2021-01-01 to 2021-12-31

DROPPING DIMES FOUNDATION INC, founded in 2014, is a micro nonprofit in the Human Services sector that reported $87K in total revenue in fiscal year 2021. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 25% operating margin.

Mission

IDENTIFYING FORMER AMERICAN BASKETBALL ASSOCIATION PLAYERS,PERSONNEL AND FAMILIES WHO HAVE ENCOUNTERED DIFFICULT CIRCUMSTANCES, AND PROVIDING THEM WITH FINANCIAL AND OTHER FORMS OF ASSISTANCE TO ADDRESS THEIR SITUATION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $86,590

Program Service Revenue $0

Investment Income $6

Other Revenue $0

TOTAL REVENUE $86,596

Expense Breakdown

Grants Paid $56,457

Salaries & Benefits $6,000

Fundraising Expenses $1,129

Program Expenses $60,957

Other Expenses $2,217

TOTAL EXPENSES $64,674

Year-over-Year Comparison

	2021	2020	Change
Revenue	$86,596	$45,997	+0.9%
Expenses	$64,674	$47,020	+0.4%
Net Income	$21,922	$-1,023	-22.4%

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

N/A

Volunteers

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
JOHN ABRAMS	PRESIDENT	5.00	Officer Director	$0	$0	$0
TED GREEN	CHIEF CREATI	5.00	Officer Director	$0	$0	$0
SCOTT TARTER	CEO	20.00	Officer 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
2021	$86,596	$64,674	$215,636	$21,922
2020	$45,997	$47,020	$190,014	$-1,023
2019	$49,622	$30,591	$192,239	$19,031
2018	$204,899	$55,334	$174,188	$149,565

DROPPING DIMES FOUNDATION INC