DREAMS WILL COME TRUE FOUNDATION (EIN 474510419) - 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

JOSEPH KUNG

Phone

6505371598

Tax Period

2022-01-01 to 2022-12-31

DREAMS WILL COME TRUE FOUNDATION, founded in 2015, is a micro nonprofit in the Unknown sector that reported $40K in total revenue in fiscal year 2022. Revenue fell 199% from the prior year — a significant decline worth monitoring.

Mission

THE NON-PROFIT ORGANIZATION MISSION IS TO HELP PEOPLE REACH THEIR DREAMS BY PROVIDING EDUCATION AND ANY NECESSARY TOOLS. TO ACHIEVE THIS MISSION, WE WILL PROVIDE DIFFERENT EDUCATIONAL PLATFORMS BASED ON THE NEEDS OF THE PARTICIPANTS. FOR THE UNDER-PRIVILEGED WHO HAVE DESIRE TO IMPROVE THEIR LIVES, WE WILL PROVIDE A PLATFORM FOR THEM TO ACQUIRE NECESSRY REDENTIALS OR SKILLS TO ENABLE THEM TO REACH HIGHER SOCIOECONOMIC STATUS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $0

Investment Income $-50,043

Other Revenue $0

TOTAL REVENUE $-40,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $38,725

Other Expenses $38,725

TOTAL EXPENSES $38,725

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-40,043	$40,543	-2.0%
Expenses	$38,725	$65,143	-0.4%
Net Income	$-78,768	$-24,600	+2.2%

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
JOSEPH KUNG	President	10.00	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	No data	No data	No data	No data
2022	$-40,043	$38,725	$678,507	$-78,768
2021	$40,543	$65,143	$767,010	$-24,600
2020	$391,966	$142,861	$760,046	$249,105

DREAMS WILL COME TRUE FOUNDATION