DIME FOUNDATION INC (fka Dime Community Bank Foundation) (EIN 882297121) - 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

2022

Legal Domicile

Principal Officer

STEVEN MILEY

Phone

6315371000

Tax Period

2025-01-01 to 2025-12-31

DIME FOUNDATION INC (fka Dime Community Bank Foundation), founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $322K in total revenue in fiscal year 2025. Revenue surged 110% from the prior year, signaling strong growth momentum. Expenses of $364K exceeded revenue, resulting in a 13% operating deficit.

Mission

The Dime Foundation provides support to local charities that enhance the quality of life and strengthen communities on Long Island and New York City.

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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 (2025)

Revenue Breakdown

Contributions & Grants $303,997

Program Service Revenue $0

Investment Income $0

Other Revenue $17,838

TOTAL REVENUE $321,835

Expense Breakdown

Grants Paid $45,145

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $363,503

Other Expenses $318,358

TOTAL EXPENSES $363,503

Year-over-Year Comparison

	2025	2024	Change
Revenue	$321,835	$153,510	+1.1%
Expenses	$363,503	$272,723	+0.3%
Net Income	$-41,668	$-119,213	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steven Miley	Chairman of Board and President	1.00	Officer Director	$0	$0	$0
Stuart Lubow	Board Member	0.25	Director	$0	$0	$0
Christopher Porzelt	Board Member	0.25	Director	$0	$0	$0
Avinash Reddy	Board Member and Treasurer CFO	0.25	Officer Director	$0	$0	$0
Judy Wu	General Counsel	0.25	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
2025	$321,835	$363,503	$19,870	$-41,668
2024	No data	No data	No data	No data
2023	$154,957	$94,845	$180,751	$60,112
2022	$145,879	$25,240	$120,639	$120,639

DIME FOUNDATION INC (fka Dime Community Bank Foundation)