BACKPACKS OF DREAMS INC

EIN: 463572973 501(c)(3) Human Services

MIAMI, FL

Total Revenue
$10,269
Total Expenses
$10,269
Total Assets
N/A
Net Assets
N/A
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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
FL
Principal Officer
JOSE PERALTA
Phone
3055466601
Tax Period
2021-01-01 to 2021-12-31

BACKPACKS OF DREAMS INC, founded in 2013, is a micro nonprofit in the Human Services sector that reported $10K in total revenue in fiscal year 2021. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES INCLUDING SCHOOL SUPPLIES FOR POOR CHILDS

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $10,269
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,269

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $10,269
TOTAL EXPENSES $10,269

Year-over-Year Comparison

2021 2020 Change
Revenue $10,269 $8,524 +0.2%
Expenses $10,269 $8,669 +0.2%
Net Income $0 $-145 -1.0%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSE PERALTA PD 20
Officer
$0 $0 $0
INRAN INFANTE D 20
Officer
$0 $0 $0
FREDY GONZALEZ D 20
Officer
$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
2021 $10,269 $10,269 No data No data
2020 $8,524 $12,287 No data $-3,763
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