SUMMERVILLE DREAM INC (EIN 455470486) - 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

2012

Legal Domicile

Principal Officer

LARRY COLLETT

Phone

8438217260

Tax Period

2025-01-01 to 2025-12-31

SUMMERVILLE DREAM INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $653K in total revenue in fiscal year 2025. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $321K, a strong 49% operating margin.

Mission

SUMMERVILLE DREAM IS A 501(C)(3) ORGANIZATION DEDICATED TO IMPROVING THE QUALITY OF LIFE IN SUMMERVILLE BY ENHANCING THE AESTHETIC, CULTURAL, SOCIAL AND ECONOMIC ASPECTS OF THE DOWNTOWN AREA, WHILE PRESERVING ITS HISTORIC IDENTITY. SUMMERVILLE DREAM PROMOTES DOWNTOWN REVITALIZATION THROUGH EVENT COORDINATION, BUSINESS EDUCATION, ADVOCACY, BEAUTIFICATION AND ENHANCEMENT PROJECTS, TOURISM PROMOTION, AND MARKETING HISTORIC DOWNTOWN SUMMERVILLE TO RESIDENTS AND GUESTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $456,638

Program Service Revenue $175,576

Investment Income $6,524

Other Revenue $14,251

TOTAL REVENUE $652,989

Expense Breakdown

Grants Paid $0

Salaries & Benefits $156,543

Fundraising Expenses $0

Program Expenses $128,605

Other Expenses $175,209

TOTAL EXPENSES $331,752

Year-over-Year Comparison

	2025	2024	Change
Revenue	$652,989	$513,446	+0.3%
Expenses	$331,752	$347,712	0.0%
Net Income	$321,237	$165,734	+0.9%

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

$76,731

Total Directors

$76,731

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CONVERSE CHELLIS	DIRECTOR	1.00	Director	$0	$0	$0
RACHAEL MALLETT	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY ROGER	DIRECTOR	1.00	Director	$0	$0	$0
PETE KNIGHT	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL COLE	DIRECTOR	1.00	Director	$0	$0	$0
HUNTER JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
SHARI STAUCH	EX-OFFICIO DIRECTOR	1.00	Director	$0	$0	$0
RITA BERRY	EX-OFFICIO DIRECTOR	1.00	Director	$0	$0	$0
RHONDA MOORE	EX-OFFICIO DIRECTOR	1.00	Director	$0	$0	$0
TOM HART	EX-OFFICIO DIRECTOR	1.00	Director	$0	$0	$0
STEVE DONIGER	EXECUTIVE DIRECTOR	40.00	Officer Director	$76,731	$0	$76,731
AVERY GREENLEE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
AIMEE PELLEGRINI	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LARRY COLLETT	TREASURER	1.00	Officer Director	$0	$0	$0
FRAN HANEBRINK	SECRETARY	1.00	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
2025	$652,989	$331,752	$587,458	$321,237
2024	$513,446	$347,712	$269,820	$165,734
2023	$353,847	$298,357	$100,309	$55,490
2022	$196,234	$370,974	$53,428	$-174,740
2021	$605,113	$473,635	$249,088	$131,478
2020	$418,393	$386,397	$105,374	$31,996
2019	$406,382	$354,539	$82,263	$51,843
2018	$210,565	$233,442	$12,688	$-22,877

SUMMERVILLE DREAM INC