Dream Life Inc (EIN 813801278) - 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

2016

Legal Domicile

Principal Officer

Eddie James

Phone

6029995905

Tax Period

2024-01-01 to 2024-12-31

Dream Life Inc, founded in 2016, is a small nonprofit in the Religion sector that reported $101K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $167K exceeded revenue, resulting in a 65% operating deficit.

Mission

To spread the Gospel of Jesus Christ, our Lord and Savior

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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 $101,128

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $101,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,606

Fundraising Expenses $0

Program Expenses $146,552

Other Expenses $162,630

TOTAL EXPENSES $167,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$101,128	$426,799	-0.8%
Expenses	$167,236	$352,651	-0.5%
Net Income	$-66,108	$74,148	-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

Volunteers

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
Eddie James	President	40.00	Officer Director	$0	$0	$0
Edward S James Sr	Vice President	5.00	Officer Director	$0	$0	$0
Naomi Stewart	Sec/Treasurer	10.00	Officer 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	$101,128	$167,236	$492,592	$-66,108
2023	$426,799	$352,651	$551,673	$74,148
2022	$316,329	$269,573	$504,117	$46,756
2021	$201,912	$190,479	$482,990	$11,433

Dream Life Inc