DC DREAMCENTER (EIN 463532483) - 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

2013

Legal Domicile

Principal Officer

ERNEST CLOVER III

Phone

2025753337

Tax Period

2023-01-01 to 2023-12-31

DC DREAMCENTER, founded in 2013, is a small nonprofit in the Human Services sector that reported $586K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $755K exceeded revenue, resulting in a 29% operating deficit.

Mission

TO INSPIRE INDIVIDUALS TO DARE TO DREAM AND HELP REACH THEIR POTENTIAL, ONE PERSON AT A TIME.

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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 $585,486

Program Service Revenue $0

Investment Income $0

Other Revenue $690

TOTAL REVENUE $586,176

Expense Breakdown

Grants Paid $6,552

Salaries & Benefits $203,323

Fundraising Expenses $3,761

Program Expenses $178,355

Other Expenses $544,667

TOTAL EXPENSES $754,542

Year-over-Year Comparison

	2023	2022	Change
Revenue	$586,176	$626,585	-0.1%
Expenses	$754,542	$719,785	+0.0%
Net Income	$-168,366	$-93,200	+0.8%

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

$65,567

Total Directors

$65,567

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERNEST CLOVER III	EXECUTIVE DIRECTOR & SECRETARY	1.00	Officer Director	$0	$22,450	$65,567
MARK BATTERSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOEL SCHMIDGALL	PRESIDENT	4.00	Officer Director	$0	$0	$0
JILL CARMICHAEL	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY WALTON	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$586,176	$754,542	$386,866	$-168,366
2022	$626,585	$719,785	$534,967	$-93,200
2021	$624,253	$727,356	$643,063	$-103,103
2020	$723,667	$651,494	$748,351	$72,173
2019	$373,860	$526,973	$653,819	$-153,113
2018	$728,708	$462,474	$795,979	$266,234

DC DREAMCENTER