DREAM CENTER ACADEMY (EIN 421695206) - 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

MARTY STARNES

Tax Period

2023-10-01 to 2024-09-30

DREAM CENTER ACADEMY, founded in 2006, is a small nonprofit in the Human Services sector that reported $903K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $244K, a strong 27% operating margin.

Mission

THE MISSION OF DREAM CENTER ACADEMY IS TO EMPOWER STUDENTS IN THE GASTON COUNTY SCHOOLS TO OWN THEIR EDUCATION BY DEVELOPING THE ACADEMIC AND SOCIAL SKILLS NECESSARY TO SUCCEED IN COLLEGE AND BEYOND.

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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 $754,080

Program Service Revenue $102,190

Investment Income $4,325

Other Revenue $42,000

TOTAL REVENUE $902,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $146,172

Fundraising Expenses $554

Program Expenses $487,091

Other Expenses $512,906

TOTAL EXPENSES $659,078

Year-over-Year Comparison

	2023	2022	Change
Revenue	$902,595	$757,488	+0.2%
Expenses	$659,078	$687,653	0.0%
Net Income	$243,517	$69,835	+2.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY BOYD	BOARD	1.00	Director	$0	$0	$0
TAMMY CHOWDHURY	BOARD	1.00	Director	$0	$0	$0
LAUREL MORRIS	BOARD	1.00	Director	$0	$0	$0
CLARENCE FISHER	BOARD	1.00	Director	$0	$0	$0
JENNIE STULTZ	EMERITUS	1.00	Director	$0	$0	$0
ANTHONY POWELL	BOARD	1.00	Director	$0	$0	$0
DAVID MASTERS	BOARD	1.00	Director	$0	$0	$0
ANGELA KARCHMER	BOARD	1.00	Director	$0	$0	$0
DENNIS BOYCE	BOARD	1.00	Director	$0	$0	$0
JAMARKIS MITCHELL	BOARD	1.00	Director	$0	$0	$0
TONIA BROOME	BOARD	1.00	Director	$0	$0	$0
RODNEY FREEMAN	BOARD	1.00	Director	$0	$0	$0
NANCY BROGDAN	BOARD	1.00	Director	$0	$0	$0
BARBARA YARBROUGH	BOARD	1.00	Officer Director	$0	$0	$0
LUKE UPCHURCH	TREASURER	1.00	Officer Director	$0	$0	$0
MARTY STARNES	CHAIR	1.00	Officer	$0	$0	$0
DEBBIE WINDLEY	SECRETARY	1.00	Officer	$0	$0	$0
ROXANN JIMISON	EXECUTIVE DIRECTOR	40.00	Key Emp	$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	$902,595	$659,078	$419,889	$243,517
2023	$757,488	$687,653	$176,372	$69,835
2022	$621,982	$694,773	$106,547	$-72,791
2021	$691,098	$648,485	$179,338	$42,613
2020	$503,544	$511,394	$151,303	$-7,850
2019	$409,151	$438,589	$159,163	$-29,438
2018	$223,372	$330,654	$188,601	$-107,282

DREAM CENTER ACADEMY