DREAM HOME CHARITIES INC (EIN 475435117) - 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

SHERRY GILLELAND

Phone

6187790990

Tax Period

2024-01-01 to 2024-12-31

DREAM HOME CHARITIES INC, founded in 2015, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $21K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $25K exceeded revenue, resulting in a 16% operating deficit.

Mission

THIS CHARITIY PROVIDES SUPPORT TO LOCAL FAMILIES WHO NEED ASSISTANCE OBTAINING GIFTS AND ITEMS FOR THEIR MEMBERS DURING TIMES IN NEED.

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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 $17,261

Program Service Revenue $0

Investment Income $0

Other Revenue $3,929

TOTAL REVENUE $21,190

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $24,685

TOTAL EXPENSES $24,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,190	$32,154	-0.3%
Expenses	$24,685	$28,217	-0.1%
Net Income	$-3,495	$3,937	-1.9%

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
BRAD GILLELAND	DIRECTOR	001.00	Director	$0	$0	$0
TYLER GILLELAND	DIRECTOR	001.00	Director	$0	$0	$0
SHERRY GILLELAND	PRESIDENT	005.00	Officer	$0	$0	$0
BRITTNEY GILLELAND	SECRETARY	001.00	Officer	$0	$0	$0
KATHY WEAVER	VICE PRESIDENT	001.00	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
2024	$21,190	$24,685	$33,008	$-3,495
2023	$32,154	$28,217	$36,503	$3,937
2022	$6,532	$20,182	$32,566	$-13,650
2021	$19,400	$33,484	$46,216	$-14,084
2020	$20,445	$9,375	$60,300	$11,070
2019	$42,254	$48,068	$49,230	$-5,814
2018	$36,513	$30,350	$55,044	$6,163

DREAM HOME CHARITIES INC