Devoted Dreamers Foundation (EIN 851358749) - 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

2020

Legal Domicile

Principal Officer

Tamela Davis

Phone

6029165406

Tax Period

2023-01-01 to 2023-12-31

Devoted Dreamers Foundation, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $460K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $206K, a strong 45% operating margin.

Mission

The goal of the Foundation is to equip the Next Generation of Leaders (athletes, entertainers, politicians, doctors, lawyers etc.) with the tools to be successful spiritually, mentally, and physically. In a nation where Inner-City children are often times more likely to end up in jail than they are pursuing higher education opportunities, the Devoted Dreamers Project has created a number of initiatives aimed at connecting young men and women of the future to the resources needed to make their biggest dreams a reality.

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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 $437,500

Program Service Revenue $22,286

Investment Income $0

Other Revenue $0

TOTAL REVENUE $459,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $38,161

Program Expenses $190,325

Other Expenses $253,954

TOTAL EXPENSES $253,954

Year-over-Year Comparison

	2023	2022	Change
Revenue	$459,786	$620,511	-0.3%
Expenses	$253,954	$776,064	-0.7%
Net Income	$205,832	$-155,553	-2.3%

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

Independent Members

Employees

N/A

Volunteers

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
Demario Davis	Director / President	2.00	Officer Director	$0	$0	$0
Tamela Davis	Director / Secretary	15.00	Officer Director	$0	$0	$0
David Loria	Director / Treasurer	2.00	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
2024	No data	No data	No data	No data
2023	$459,786	$253,954	$237,670	$205,832
2022	$620,511	$776,064	$31,838	$-155,553
2021	$525,249	$398,641	$175,090	$126,608

Devoted Dreamers Foundation