DREAM TEAM FOUNDATION INC

EIN: 821311459 501(c)(3) Human Services

KERNERSVILLE, NC

Total Revenue
$344,281
Total Expenses
$314,907
Total Assets
$238,979
Net Assets
$226,401
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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
NC
Phone
3367492075
Tax Period
2025-01-01 to 2025-12-31

DREAM TEAM FOUNDATION INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $344K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $315K left a modest 9% surplus.

Mission

THE DREAM TEAM FOUNDATIONS MISSION IS TO MAKE POSITIVE CHANGES IN THE LIVES OF OUR PARTICIPANTS AND PROVIDE THEM WITH THE TOOLS THEY NEED TO SUCCEED TODAY IN HOPE FOR A BETTER TOMORROW.

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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 $344,281
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $344,281

Expense Breakdown

Grants Paid $0
Salaries & Benefits $145,068
Fundraising Expenses $0
Program Expenses $119,204
Other Expenses $169,839
TOTAL EXPENSES $314,907

Year-over-Year Comparison

2025 2024 Change
Revenue $344,281 $369,829 -0.1%
Expenses $314,907 $247,321 +0.3%
Net Income $29,374 $122,508 -0.8%
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
N/A
Independent Members
N/A
Employees
3
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PARIS WILLIFORD DIRECTOR OF PROGRAMS 40.00
Director
$0 $0 $0
TALEONA MAYFIELD EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
KELVIN MAYFIELD CHIEF OPERATING OFFICER 40.00
Officer
$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 $344,281 $314,907 $238,979 $29,374
2024 $369,829 $247,321 $198,971 $122,508
2023 $235,912 $221,433 $77,012 $14,479
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