DELAWARE REGIONAL DREAM CENTER INC

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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

CHRISTOPHER DITO

Phone

3022867406

Tax Period

2024-01-01 to 2024-12-31

DELAWARE REGIONAL DREAM CENTER INC, founded in 2020, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDE COMMUNITY OUTREACH TO INDIVIDUALS BY COORDINATING SERVICES AND/OR REFERRALS THAT FULFILL LIFE'S BASIC NECESSITIES. WE MOTIVATE THOSE INDIVIDUALS TO ACHIEVE A MORE FULFILLED STANDARD OF LIVING. WE CREATE, DEVELOP, AND SUSTAIN PROGRAMS TO ADDRESS OUR COMMUNITIES NEEDS.

Program Service Accomplishments

Program 1

Expenses: $1,170,840

OUTREACH PROGRAMS - OUR BOXES OF HOPE AND BACKPACK GIVE AWAYS ARE DESIGNED TO IMPART HOPE TO THOSE FAMILIES WHO ARE IN NEED OF SOME ASSISTANCE. THE BOXES PROVIDE SNACKS FOR THE KIDS AND THE BACKPACKS ARE FULLY LOADED WITH SCHOOL SUPPLIES. OUR THANKSGIVING,CHRISTMAS AND EASTER OUTREACHES SPECIFICALLY TARGET A LOCAL COMMUNITY HOUSING COMPLEX.IN 2024, THERE WERE APPROXIMATELY 2,543 PARTICIPANTS AT THE BOXES OF HOPE DRIVE THRU, 5,193 BOXES OF HOPE DISTRIBUTED, AND 148 HOME DELIVERIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,111,911

Program Service Revenue $0

Investment Income $24

Other Revenue $3,215

TOTAL REVENUE $1,115,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,465

Fundraising Expenses $6,373

Program Expenses $1,170,840

Other Expenses $1,100,904

TOTAL EXPENSES $1,228,369

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,115,150	$1,843,212	-0.4%
Expenses	$1,228,369	$1,699,556	-0.3%
Net Income	$-113,219	$143,656	-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

Independent Members

Employees

Volunteers

604

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

$53,949

Total Directors

$4,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER DITO	FOUNDER & PRESIDENT	20.00	Officer Director	$4,500	$0	$4,500
BOB PHILLIPS	DIRECTOR	1.00	Officer Director	$0	$0	$0
WAYNE THORP	DIRECTOR	1.00	Officer Director	$0	$0	$0
DAVE TIBERI	DIRECTOR	1.00	Officer Director	$0	$0	$0
NANDI RANDOLPH	DIRECTOR	1.00	Officer Director	$0	$0	$0
RICH DELFI	DIRECTOR	1.00	Officer Director	$0	$0	$0
JENNIFER MORRISON	DIRECTOR	1.00	Officer Director	$0	$0	$0
MATT MORRISON	EXECUTIVE DIRECTOR	40.00	Officer	$49,449	$0	$49,449

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	$1,115,150	$1,228,369	$419,363	$-113,219
2023	$1,843,212	$1,699,556	$529,028	$143,656
2022	$319,693	$164,654	$544,237	$155,039
2021	$248,595	$118,619	$282,825	$129,976