Dreams Fulfilled Through Music (EIN 830419575) - 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

2005

Legal Domicile

Principal Officer

MARY K ARCHULETA

Phone

2107715809

Tax Period

2023-01-01 to 2023-12-31

Dreams Fulfilled Through Music, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $43K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $49K exceeded revenue, resulting in a 15% operating deficit.

Mission

To develop the personal accomplishments social growth and self esteem of persons with special needs through music education

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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 (2023)

Revenue Breakdown

Contributions & Grants $28,489

Program Service Revenue $14,564

Investment Income $0

Other Revenue $0

TOTAL REVENUE $43,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,174

Fundraising Expenses $0

Program Expenses $48,584

Other Expenses $29,276

TOTAL EXPENSES $49,450

Year-over-Year Comparison

	2023	2022	Change
Revenue	$43,053	$56,510	-0.2%
Expenses	$49,450	$48,086	+0.0%
Net Income	$-6,397	$8,424	-1.8%

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY K ARCHULETA	President	N/A	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
2023	$43,053	$49,450	$187,767	$-6,397
2021	$38,239	$34,382	$82,627	$3,857
2020	$25,357	$43,195	$80,831	$-17,838
2019	$29,121	$41,168	$84,359	$-12,047
2018	$90,613	$95,824	$89,930	$-5,211

Dreams Fulfilled Through Music