The Raindrop of Dallas

EIN: 815449830 501(c)(3) Human Services

Richardson, TX

Total Revenue
$2,259,911
Total Expenses
$2,355,097
Total Assets
$1,426,372
Net Assets
$581,308
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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
2017
Legal Domicile
TX
Phone
9723622441
Tax Period
2023-01-01 to 2023-12-31

The Raindrop of Dallas, founded in 2017, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

The Raindrop Foundation aims to cultivate friendship and promote understanding of diverse cultures

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,351,914
Program Service Revenue $879,867
Investment Income $0
Other Revenue $28,130
TOTAL REVENUE $2,259,911

Expense Breakdown

Grants Paid $26,150
Salaries & Benefits $986,826
Fundraising Expenses $0
Program Expenses $2,049,574
Other Expenses $1,342,121
TOTAL EXPENSES $2,355,097

Year-over-Year Comparison

2023 2022 Change
Revenue $2,259,911 $2,005,889 +0.1%
Expenses $2,355,097 $1,895,124 +0.2%
Net Income $-95,186 $110,765 -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

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Governance

Voting Members
13
Independent Members
150
Employees
24
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERENKOL ALI ERKAN PRESIDENT N/A
Officer Director
$0 $0 $0
OZCAN ASUMAN NUR DIRECTOR N/A
Director
$0 $0 $0
ULUSOY MUCAHIT DIRECTOR N/A
Officer Director
$0 $0 $0
DEMIR MURAT TREASURER N/A
Director
$0 $0 $0
KILIC EJDER EXECUTIVE DIRECTOR N/A
Officer Director
$0 $0 $0
METE NURCAN DIRECTOR N/A
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 No data No data No data No data
2023 $2,259,911 $2,355,097 $1,426,372 $-95,186
2022 $2,005,889 $1,895,124 $1,521,759 $110,765
2021 $1,828,820 $1,767,306 $1,415,721 $61,514
2020 $1,464,408 $1,130,730 $781,542 $333,678
2018 $1,394,753 $1,113,767 $339,291 $280,986
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