Belmar, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Jersey Shore Dream Center, founded in 2012, is a small nonprofit in the Mental Health sector that reported $348K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Net assets of $860K represent 30 months of operating reserves.
Our mission is to give hope to the hopeless, food to the hungry, clothes to the needy, and freedom in Christ Jesus to those bound by addiction.
In 2024 the Jersey Shore Dream Center served the community through our various feeding and educational programs. These programs served over 50,000 individuals. We serviced single mothers in our...
In 2024 the Jersey Shore Dream Center served the community through our various feeding and educational programs. These programs served over 50,000 individuals. We serviced single mothers in our Family Restoration Home as well as men in our transition home. The Dream Center orchestrated a 24 hour service event serving thousands of individuals through out Asbury Park. In addition we hosted block party BBQ's, back pack giveaways to over 1800 children and a Harvest Party for the entire community. During the 2024 holiday season we served over 200 turkeys and gave out over 500 christmas gifts to children below the poverty line in Asbury Park and the surrounding area.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $347,790 | $572,496 | -0.4% |
| Expenses | $339,192 | $265,000 | +0.3% |
| Net Income | $8,598 | $307,496 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Diamond Friedel | Secretary | 10.00 |
Director
|
$9,269 | $0 | $9,269 |
| Isaac Friedel | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Anthony Megaro | Chairman | 10.00 |
Director
|
$0 | $0 | $0 |
| Robert Mikolon | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Doug Dowd | Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| Marie Butler | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Lane | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Seaman | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Coral Brooks | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $347,790 | $339,192 | $862,990 | $8,598 |
| 2023 | $572,496 | $265,000 | $850,908 | $307,496 |
| 2022 | $222,392 | $200,525 | $546,607 | $21,867 |
| 2021 | $593,476 | $258,846 | $547,686 | $334,630 |
| 2020 | $227,983 | $175,210 | $407,918 | $52,773 |
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