DREAMS OF HOPE (EIN 432057957) - 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

2004

Legal Domicile

Principal Officer

BEKEZELA MGUNI

Phone

4123612065

Tax Period

2022-08-01 to 2023-07-31

DREAMS OF HOPE, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $254K in total revenue in fiscal year 2022. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $288K exceeded revenue, resulting in a 14% operating deficit.

Mission

THROUGH THE POWER OF THE ARTS, DREAMS OF HOPE PROVIDES THE REGION'S LESBIAN, GAY, BISEXUAL, TRANSGENDER, QUEER, QUESTIONING, ASEXUAL, AND ALLIED (LGBTQA+) YOUTH A WELCOMING ENVIRONMENT TO GROW IN CONFIDENCE, EXPRESS THEMSELVES, DEVELOP AS LEADERS, AND LEARN TO MAKE POSITIVE CHANGES IN THEIR COMMUNITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $251,730

Program Service Revenue $2,211

Investment Income $222

Other Revenue $0

TOTAL REVENUE $254,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200,257

Fundraising Expenses $59,219

Program Expenses $143,427

Other Expenses $88,228

TOTAL EXPENSES $288,485

Year-over-Year Comparison

	2022	2021	Change
Revenue	$254,163	$393,900	-0.4%
Expenses	$288,485	$254,323	+0.1%
Net Income	$-34,322	$139,577	-1.2%

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

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

$74,997

Total Directors

$74,997

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADA GAY GRIFFIN	DEVELOPMENT DIRECTOR	40.00	Officer Director	$0	$0	$0
BEKEZELA MGUNI	EX-OFFICIO ARTISTIC DIRECTOR	40.00	Officer Director	$63,129	$0	$63,129
MALACHIAH KOEHLER	EX-OFFICIO PROGRAM ASSISTANT	20.00	Officer Director	$11,868	$0	$11,868
OE ZELMANOVICH	BOARD MEMBER/ HR COMMITTEE	3.00	Officer Director	$0	$0	$0
RACHEL ROSNICK	SECRETARY	2.00	Director	$0	$0	$0
TERRENCE MCGEORGE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
CLAIRE MATWAY	BOARD MEMBER	2.00	Director	$0	$0	$0
AMANDA HOWARD	TREASURER	2.00	Director	$0	$0	$0
ASHANTI DUNCAN	EX-OFFICIO-OPERATIONS MANAGER	20.00	Officer Director	$0	$0	$0
DAVID WARGA	FORMER OFFICER	30.00		$63,402	$0	$63,402

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
2023	$254,163	$288,485	$418,065	$-34,322
2022	$393,900	$254,323	$392,703	$139,577
2021	$339,839	$286,073	$280,801	$53,766
2020	$165,969	$276,248	$230,487	$-110,279
2019	$487,439	$294,896	$298,364	$192,543
2018	$184,402	$302,299	$112,443	$-117,897

DREAMS OF HOPE