MERRIMACK VALLEY DREAM CENTER INC

EIN: 814754411 501(c)(3) Human Services

LAWRENCE, MA

Total Revenue
$487,689
Total Expenses
$441,710
Total Assets
$249,602
Net Assets
$249,602
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MA
Principal Officer
Julio Meran
Phone
9785661547
Tax Period
2025-01-01 to 2025-12-31

MERRIMACK VALLEY DREAM CENTER INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $488K in total revenue in fiscal year 2025. Revenue surged 115% from the prior year, signaling strong growth momentum. Expenses of $442K left a modest 9% surplus.

Mission

To provide resources and support that transform lives in the Merrimack Valley through residential and community outreach programs.

Program Service Accomplishments

Program 1
Expenses: $218,581 Revenue: $0

Fresh Start Mobile Shower. The Fresh Start mobile shower & laundry units provide unhoused residents with access to hot showers and the ability to wash and dry their clothes with dignity. Toiletries...

Read more

Fresh Start Mobile Shower. The Fresh Start mobile shower & laundry units provide unhoused residents with access to hot showers and the ability to wash and dry their clothes with dignity. Toiletries and other essential hygiene items are also provided. Services are offered in downtown Haverhill MA on Monday Wednesday Friday and Saturday from 9am-2:30PM and in Lawrence MA on Monday Tuesday Thursday and Saturday from 10AM - 3PM. In 2025 the program delivered 1,689 showers completed 892 loads of laundry distributed 3,560 hygiene kits and made 55 referrals to partner organizations for additional services including housing assistance detox programs and public benefits support. Program service expenses reflect the costs incurred to operate the program during the year. A portion of grant funding received supports multi-year program activities; accordingly amounts reported as grants above represent funds expended for program services during the current year.

Program 2
Expenses: $150,812 Revenue: $0

Food Truck Ministry Mobile Food Pantry. The Merrimack Valley Dream Centers Food Truck Ministry provides free groceries to under resourced individuals and families in local communities with a focus on...

Read more

Food Truck Ministry Mobile Food Pantry. The Merrimack Valley Dream Centers Food Truck Ministry provides free groceries to under resourced individuals and families in local communities with a focus on housing developments and neighborhoods experiencing food insecurity. The program also connects guests with partner agencies that offer additional support services. In 2025 the program distributed 143,891 pounds of food and served 3,708 households. Food distributed through this program includes donated food and goods purchased with donated funds. Program service expenses reflect the costs incurred to operate the program during the year including the value of non-cash food distributed. A portion of grant funding supports ongoing and multi-year program activities; accordingly amounts reported as grants above represent funds expended for program services during the current year.

Program 3
Expenses: $6,979 Revenue: $0

Celebrate Recovery CR seeks to bring healing power into lives through enhanced Twelve Step Recovery Principles. CR is for both men and women. The mens and womens discussion groups deal with a variety...

Read more

Celebrate Recovery CR seeks to bring healing power into lives through enhanced Twelve Step Recovery Principles. CR is for both men and women. The mens and womens discussion groups deal with a variety of issues including but not limited to gambling pornography relationships abuse co-dependency eating disorders depression anger control forgiveness resentment and chemical dependency. In 2025 we had 827 guests 9 graduates of 12 Step study and 24 guest speakers. This program is funded through general contributions of the organization rather than program-specific grant funding.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $487,689
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $487,689

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,932
Fundraising Expenses $7,456
Program Expenses $396,826
Other Expenses $343,322
TOTAL EXPENSES $441,710

Year-over-Year Comparison

2025 2024 Change
Revenue $487,689 $226,466 +1.2%
Expenses $441,710 $242,028 +0.8%
Net Income $45,979 $-15,562 -4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
5
Volunteers
50

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
3
$15,000
Total Directors
3
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julio Meran President and Execuitve Director 24.00
Officer Director
$15,000 $0 $15,000
Carolyn Hanson Clerk and Director 5.00
Officer Director
$0 $0 $0
Ernest J Simmons Jr Treasurer and Director 6.00
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
2025 $487,689 $441,710 $249,602 $45,979
2024 $226,466 $242,028 $203,623 $-15,562
2022 $214,868 $92,042 $172,249 $122,826
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MERRIMACK VALLEY DREAM CENTER INC with other nonprofits in Massachusetts and across the country.