BACKPACKS OF DREAMS INC

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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

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

TO PROVIDE CHILDREN IN NEED ESSENTIAL SCHOOL SUPPLIES AND EMPOWER THEM WITH RESOURCES TO IMPROVE THEIR LIVES THROUGH EDUCATION.

Program Service Accomplishments

Program 1

UNKNOWN ADDRESS

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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 (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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

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