ADVENTUROUS MINDS PRODUCE EXTRAORDINARY DREAMS INC (EIN 471113120) - 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

2015

Legal Domicile

Principal Officer

DAVE W CHRISTOPHER SR

Phone

5028221953

Tax Period

2023-01-01 to 2023-12-31

ADVENTUROUS MINDS PRODUCE EXTRAORDINARY DREAMS INC, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.5M in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring.

Mission

ADVENTUROUS MINDS PRODUCE EXTRAORDINARY DREAMS (AMPED) SEEKS TO BUILD GENERATIONAL WEALTH FOR FAMILIES AND ENTREPRENEURS IN MARGINALIZED COMMUNITIES BY CREATING SELF-SUFFICIENCY, ECONOMIC MOBILITY AND A MORE EQUITABLE SOCIETY. SERVICES FOCUS ON YOUTH PROGRAMMING, TECHNOLOGY WORKFORCE TRAINING, AND SMALL BUSINESS INCUBATION.

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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 $3,170,871

Program Service Revenue $32,845

Investment Income $0

Other Revenue $279,636

TOTAL REVENUE $3,483,352

Expense Breakdown

Grants Paid $186,031

Salaries & Benefits $1,447,161

Fundraising Expenses $195,812

Program Expenses $2,186,781

Other Expenses $1,879,240

TOTAL EXPENSES $3,512,432

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,483,352	$7,407,733	-0.5%
Expenses	$3,512,432	$4,420,670	-0.2%
Net Income	$-29,080	$2,987,063	-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

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

$136,025

Total Directors

$136,025

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN WACHSMAN	IMMEDIATE PAST CHAIR	4.00	Officer Director	$0	$0	$0
PATTY MARGUET	CHAIR	4.00	Officer Director	$0	$0	$0
JAMES GRAVITT	TREASURER	4.00	Officer Director	$0	$0	$0
ALEX MOLESTINA	SECRETARY	4.00	Officer Director	$0	$0	$0
HAROLD ALLEN	DIRECTOR	2.00	Director	$0	$0	$0
DAVE CHRISTOPHER SR	EXECUTIVE DIRECTOR	40.00	Officer Director	$136,025	$0	$136,025
KATIE GILES	DIRECTOR	2.00	Director	$0	$0	$0
CALESIA HENSON	DIRECTOR	4.00	Director	$0	$0	$0
ALEXANDRIA ABELL	DIRECTOR	2.00	Director	$0	$0	$0
CARA BARIBEAU	VICE CHAIR	4.00	Officer Director	$0	$0	$0
MICHAEL DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
PAUL PEREZ	DIRECTOR	2.00	Director	$0	$0	$0
PAUL NUEMANN	DIRECTOR	2.00	Director	$0	$0	$0
JENNA WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
KIMBERLY HALES	DIRECTOR OF ADVANCEMENT	40.00	Highest	$105,769	$0	$105,769
KWEKU T MARTIN	TECHNOLOGY MANAGER	40.00	Highest	$103,898	$0	$103,898

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	$3,483,352	$3,512,432	$9,128,932	$-29,080
2022	$7,407,733	$4,420,670	$8,785,352	$2,987,063
2021	$4,148,141	$3,152,893	$2,547,676	$995,248
2020	$1,435,558	$598,784	$1,154,423	$836,774
2019	$513,295	$511,807	$206,153	$1,488
2019	$488,076	$587,855	$128,092	$-99,779
2018	$633,065	$564,094	$197,371	$68,971

ADVENTUROUS MINDS PRODUCE EXTRAORDINARY DREAMS INC