THE DANCING GOAT DME

EIN: 863440999 501(c)(3) Health Care

REIDSVILLE, NC

Total Revenue
$174,842
Total Expenses
$168,648
Total Assets
$9,644
Net Assets
$9,644
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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
2021
Legal Domicile
NC
Principal Officer
KATHY LOVELACE
Phone
3366011441
Tax Period
2024-01-01 to 2024-12-31

THE DANCING GOAT DME, founded in 2021, is a small nonprofit in the Health Care sector that reported $175K in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $169K left a modest 4% surplus.

Mission

PROVIDE DURABLE MEDICAL EQUIPMENT TO THOSE IN NEED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $160,155
Program Service Revenue $0
Investment Income $95
Other Revenue $14,592
TOTAL REVENUE $174,842

Expense Breakdown

Grants Paid $150,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $166,697
Other Expenses $18,648
TOTAL EXPENSES $168,648

Year-over-Year Comparison

2024 2023 Change
Revenue $174,842 $108,722 +0.6%
Expenses $168,648 $107,143 +0.6%
Net Income $6,194 $1,579 +2.9%
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
3
Independent Members
3
Employees
N/A
Volunteers
14

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GAIL BRYSON SECRETARY 8.00
Officer
$0 $0 $0
KATHY LOVELACE EXECUTIVE DI 40.00
Officer
$0 $0 $0
DALE MOORE FINANCIAL TR 20.00
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
2025 No data No data No data No data
2024 $174,842 $168,648 $9,644 $6,194
2023 $108,722 $107,143 $3,450 $1,579
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