OUTER BANKS DARE CHALLENGE INC (EIN 550855059) - 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

2009

Legal Domicile

Principal Officer

DUSTIN DANIELS

Phone

2524736462

Tax Period

2024-01-01 to 2024-12-31

OUTER BANKS DARE CHALLENGE INC, founded in 2009, is a community nonprofit in the Mental Health sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 265% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 73% operating margin.

Mission

24 HOUR SUPERVISED RESIDENTIAL HOUSING & COUNSELING PROVIDED PRIMARILY FOR DRUG AND ALCOHOL REHABILITATION

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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 $1,668,678

Program Service Revenue $11,301

Investment Income $172,152

Other Revenue $279,920

TOTAL REVENUE $2,132,051

Expense Breakdown

Grants Paid $0

Salaries & Benefits $238,830

Fundraising Expenses $48,460

Program Expenses $494,191

Other Expenses $346,922

TOTAL EXPENSES $585,752

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,132,051	$584,700	+2.6%
Expenses	$585,752	$400,041	+0.5%
Net Income	$1,546,299	$184,659	+7.4%

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

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

$64,336

Total Directors

$64,336

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUSTIN DANIELS	EXECUTIVE DIRECTOR	75.00	Officer Director Highest	$64,336	$0	$64,336
RACHEL THOMPSON	SECRETARY	1.00	Director	$0	$0	$0
WAYNE CARTER	MEMBER AT LARGE	1.00	Director	$0	$0	$0
STRADLEY GINGER	MEMBER AT LARGE	1.00	Director	$0	$0	$0
FRANK LASSEN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
LINDA DANIELS	BOOKKEEPER	20.00	Key Emp	$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	$2,132,051	$585,752	$7,551,020	$1,546,299
2023	$584,700	$400,041	$2,142,588	$184,659
2022	$1,741,254	$413,241	$1,961,840	$1,328,013
2021	$522,625	$385,647	$664,737	$136,978
2020	$346,795	$317,823	$526,783	$28,972
2019	$374,337	$320,517	$452,229	$53,820
2018	$362,489	$384,425	$391,693	$-21,936

OUTER BANKS DARE CHALLENGE INC