REAL DADS NETWORK INCORPORATED (EIN 542187114) - 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

2010

Legal Domicile

Principal Officer

DEREK PHILLIPS

Phone

9142612471

Tax Period

2024-01-01 to 2024-12-31

REAL DADS NETWORK INCORPORATED, founded in 2010, is a small nonprofit in the Human Services sector that reported $173K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 23% operating margin.

Mission

OUR MISSION IS TO SUPPORT AND STRENGTHEN FATHERS AND FAMILIES THROUGH ACCESS TO RESOURCES, EDUCATION, AND COMMUNITY PROGRAMS.

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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 $172,618

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $172,618

Expense Breakdown

Grants Paid $3,855

Salaries & Benefits $29,395

Fundraising Expenses $0

Program Expenses $47,153

Other Expenses $98,890

TOTAL EXPENSES $132,140

Year-over-Year Comparison

	2024	2023	Change
Revenue	$172,618	$128,913	+0.3%
Expenses	$132,140	$42,222	+2.1%
Net Income	$40,478	$86,691	-0.5%

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

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

$29,395

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEREK PHILLIPS	PRESIDENT	040.00	Officer	$21,176	$0	$21,176
MARIA PHILLIPS	TREASURER	040.00	Officer	$8,219	$0	$8,219
KENYATTA ROUSE	GENERAL BOARD	040.00	Director	$0	$0	$0
MARVIN DUDLEY	GENERAL BOARD	040.00	Director	$0	$0	$0
NANCY FRAZIER	BOARD CHAIR	040.00	Officer	$0	$0	$0
MICHAEL NESBITT	VICE CHAIR	040.00	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	$172,618	$132,140	$40,478	$40,478
2023	$128,913	$42,222	$86,691	$86,691

REAL DADS NETWORK INCORPORATED