RALEIGH DREAM CENTER

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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

2014

Legal Domicile

Principal Officer

Jeremy Porras

Phone

9198674446

Tax Period

2024-01-01 to 2024-12-31

RALEIGH DREAM CENTER, founded in 2014, is a community nonprofit in the Human Services sector that reported $5.0M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $4.6M left a modest 8% surplus.

Mission

To bring hope and restoration through the message of the Gospel to people in the Triangle area by providing social services and community programs to homeless, abused, and impoverished high risk youth, individuals and families.

Program Service Accomplishments

Program 1

Expenses: $3,607,904

Adopt-A-Block and Mobile Pantry - RDCs Adopt-A-Block and Mobile Food Pantry outreach reached 36 under-resourced locations with food, clothing, prayer, and other needs - distributing 1,392,259 pounds of food. In addition, 3,736 wrapped Christmas gifts and 1,008 backpacks were given to children at annual events.

Program 2

Expenses: $506,190

Dream Center Discipleship Program - During 2024 RDC had 3 recovery homes for men and 1 recovery home for women. This is a free one-year program that provides housing, food, counseling, and...

Dream Center Discipleship Program - During 2024 RDC had 3 recovery homes for men and 1 recovery home for women. This is a free one-year program that provides housing, food, counseling, and programming to help people walk in sobriety and begin to put the pieces of their lives back together. RDC is able to house 14 men and 4 women in this program. During 2024, more than 30 men experienced the DCD program and 7 men graduated from the program. As of December 2024, RDC was actively building 2 additional recovery homes for men.

Program 3

Expenses: $195,143

Homeless Family Outreach Family Night/Clothing/Thrift, Street Outreach - RDC has a weekly outreach to people experiencing homelessness. Each Tuesday night RDC transports people to and from the RDC...

Homeless Family Outreach Family Night/Clothing/Thrift, Street Outreach - RDC has a weekly outreach to people experiencing homelessness. Each Tuesday night RDC transports people to and from the RDC facility for a hot meal and worship with bible study. During 2024, 9,122 people attended Tuesday Family Nights.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,944,767

Program Service Revenue $0

Investment Income $9,604

Other Revenue $9,911

TOTAL REVENUE $4,964,282

Expense Breakdown

Grants Paid $3,177,596

Salaries & Benefits $723,087

Fundraising Expenses $132,995

Program Expenses $4,372,893

Other Expenses $676,854

TOTAL EXPENSES $4,577,537

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,964,282	$3,658,446	+0.4%
Expenses	$4,577,537	$4,397,471	+0.0%
Net Income	$386,745	$-739,025	-1.5%

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

5397

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

$79,333

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeremy Porras	Executive Director	040.00	Director	$79,333	$0	$79,333
Kerry Rouser	Board Chair	007.00	Officer Director	$0	$0	$0
Jim Shelton	Board Member	007.00	Director	$0	$0	$0
Nick Murphy	Board Treasurer	007.00	Officer Director	$0	$0	$0
Rob Zelem	Board Member	007.00	Director	$0	$0	$0
John Saparilas	Board Member	007.00	Director	$0	$0	$0
Stephanie Mann	Board Member	007.00	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	$4,964,282	$4,577,537	$1,916,893	$386,745
2023	$3,658,446	$4,397,471	$1,530,149	$-739,025
2022	$3,177,829	$2,693,512	$1,319,869	$484,317
2021	$2,520,331	$2,175,398	$835,552	$344,933
2020	$843,222	$475,923	$490,619	$367,299
2019	$241,015	$248,813	$123,320	$-7,798
2018	$279,448	$210,803	$131,118	$68,645