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
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Financial Vulnerability Assessment (Tuckman-Chang)

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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

Merrimack Valley Dream Center MVDC ministries meet the immediate physical needs of people experiencing poverty or homelessness in the Merrimack Valley. MVDC programs include: 1 food distribution in bulk to families through scheduled visits by MVDC outreach workers who visit locations where homeless people congregate; 2 mobile showers and laundries for the indigent and homeless; 3 substance abuse recovery programs; 4 transportation; 5 long term housing for women transitioning from half-way houses; and multi-agency collaborative host programs events and activities throughout the Merrimack Valley area. MVDC workers are mostly unpaid volunteers. MVDCs mission is to offer help hope and restoration to individuals and families who suffer from food insecurity substance abuse homelessness and mental health issues.

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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%)

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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
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Financial Health Indicators

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

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Liquidity & Cash Position

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

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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
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