DREAMBUILDERS NONPROFIT HOUSING CORPORATION

EIN: 844920454 501(c)(3) Community Improvement

DETROIT, MI

Total Revenue
$270,000
Total Expenses
N/A
Total Assets
$400,424
Net Assets
$400,424
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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
2020
Legal Domicile
MI
Principal Officer
SONYA MAYS
Phone
3139607700
Tax Period
2021-01-01 to 2021-12-31

DREAMBUILDERS NONPROFIT HOUSING CORPORATION, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $270K in total revenue in fiscal year 2021. Revenue surged 100% from the prior year, signaling strong growth momentum.

Mission

DREAMBUILDERS, IS A NONPROFIT COMMUNITY DEVELOPMENT FIRM FOCUSED ON PROVIDING AFFORDABLE AND MIXED INCOME HOUSING, AS WELL AS STRATEGIC ECONOMIC AND COMMERCIAL DEVELOPMENT THAT WILL HELP STABILIZE AND TRANSFORM DISINVESTED NEIGHBORHOODS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $270,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $270,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2021 2020 Change
Revenue $270,000 $135,000 +1.0%
Expenses N/A $4,576 -1.0%
Net Income N/A $130,424 N/A
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
10
Independent Members
9
Employees
N/A
Volunteers
9

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
4
$284,336
Total Directors
10
$284,336
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SONYA MAYS PRESIDENT & CEO 0.25
Officer Director
$0 $36,836 $284,336
SHERRIE FARRELL CHAIR 0.25
Officer Director
$0 $0 $0
WILL SMITH TREASURER 0.25
Officer Director
$0 $0 $0
MELISSA WORDEN SECRETARY 0.25
Officer Director
$0 $0 $0
THOMAS BLEDSOE MEMBER 0.25
Director
$0 $0 $0
KATE KOHN-PARROTT MEMBER 0.25
Director
$0 $0 $0
JASON PAULATEER MEMBER 0.25
Director
$0 $0 $0
DENNIS ARCHER JR MEMBER 0.25
Director
$0 $0 $0
GWEN BUTLER MEMBER 0.25
Director
$0 $0 $0
RICK HALLER MEMBER 0.25
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
2021 $270,000 No data $400,424 No data
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