HOME OF OPPORTUNITIES AND DREAMS INC (EIN 465238019) - 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

2017

Legal Domicile

Principal Officer

DAVID TOWNSEND

Phone

8593589445

Tax Period

2023-01-01 to 2023-12-31

HOME OF OPPORTUNITIES AND DREAMS INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $235K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

To provide a safe environment and activities for primarily low income, at-risk youth and encourage and challenge them to be their best. Also operate a group home for kids who need a caring home.

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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 $2,765

Program Service Revenue $0

Investment Income $0

Other Revenue $231,926

TOTAL REVENUE $234,691

Expense Breakdown

Grants Paid $117,787

Salaries & Benefits $666

Fundraising Expenses $0

Program Expenses $228,211

Other Expenses $114,158

TOTAL EXPENSES $232,611

Year-over-Year Comparison

	2023	2022	Change
Revenue	$234,691	$338,296	-0.3%
Expenses	$232,611	$295,053	-0.2%
Net Income	$2,080	$43,243	-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

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
DAVID TOWNSEND	President	0.00	Officer Director	$0	$0	$0
ROBERT HAMMONS	Director	0.00	Officer Director	$0	$0	$0
MARIA MARTIN	Director	0.00	Officer Director	$0	$0	$0
CAROLYN BROWN	Director	0.00	Director	$0	$0	$0
GEORGE MARTINEZ	Director	0.00	Director	$0	$0	$0
ELIZA YORK	Director	0.00	Director	$0	$0	$0
PAM BLACK	Director	0.00	Director	$0	$0	$0
TAMMY MCVEY	Secretary	5.00	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
2023	$234,691	$232,611	$87,729	$2,080
2022	$338,296	$295,053	$65,091	$43,243

HOME OF OPPORTUNITIES AND DREAMS INC