Dormie Network Foundation (EIN 852206355) - 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

Phone

4024792142

Tax Period

2024-01-01 to 2024-12-31

Dormie Network Foundation, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $221K in total revenue in fiscal year 2024. Revenue surged 410% from the prior year, signaling strong growth momentum. The organization ran a surplus of $52K, a strong 24% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT TO NONPROFITS IN ORDER TO IMPROVE THE COMMUNITIES IN WHICH THE DORMIE NETWORK, LLC WORKS, LIVES, AND PARTNERS VIA FUNDRAISING VENTURES.

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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 $178,925

Program Service Revenue $0

Investment Income $0

Other Revenue $42,060

TOTAL REVENUE $220,985

Expense Breakdown

Grants Paid $154,384

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $160,439

Other Expenses $14,405

TOTAL EXPENSES $168,789

Year-over-Year Comparison

	2024	2023	Change
Revenue	$220,985	$43,316	+4.1%
Expenses	$168,789	$156,150	+0.1%
Net Income	$52,196	$-112,834	-1.5%

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

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

$313,383

Total Directors

$313,383

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN SCHENK	TREASURER/SECRETARY	40.0	Officer Director	$0	$4,630	$313,383
ZACH PEED	PRESIDENT	1.0	Officer Director	$0	$0	$0
MORGAN PEED	DIRECTOR	1.0	Director	$0	$0	$0
RHONDA PEED	DIRECTOR	1.0	Director	$0	$0	$0
TOM PEED	DIRECTOR	1.0	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	$220,985	$168,789	$79,125	$52,196
2023	$43,316	$156,150	$28,821	$-112,834
2022	$234,349	$258,614	$141,705	$-24,265
2021	$288,321	$160,048	$164,028	$128,273

Dormie Network Foundation