DREAMS WORK INC (EIN 900539766) - 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

2010

Legal Domicile

Principal Officer

COSTELLO WILSON

Phone

2026958077

Tax Period

2024-01-01 to 2024-12-31

DREAMS WORK INC, founded in 2010, is a community nonprofit in the Youth Development sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $309K, a strong 15% operating margin.

Mission

We wholeheartedly commit to transforming lives and fortifying our community. As a nonprofit organization, we champion the creation of nurturing environments where hope flourishes, even in the face of hopelessness. Through collaborative

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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 $2,026,286

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,026,286

Expense Breakdown

Grants Paid $823,459

Salaries & Benefits $589,680

Fundraising Expenses $55,982

Program Expenses $987,099

Other Expenses $303,799

TOTAL EXPENSES $1,716,938

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,026,286	$1,198,630	+0.7%
Expenses	$1,716,938	$915,345	+0.9%
Net Income	$309,348	$283,285	+0.1%

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

N/A

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
COSTELLO WILSON III	PRESIDENT & TREASURER	20.00	Officer	$0	$0	$0
CALVIN FLOWERS	VICE PRESIDENT	20.00	Officer	$0	$0	$0
ROBERT BELL	SECRETARY	5.00	Officer	$0	$0	$0
NIKKI WILSON	BOARD MEMBER	5.00		$0	$0	$0
RAYMOND BUSH	BOARD MEMBER	5.00		$0	$0	$0
JALYN WILSON	BOARD MEMBER	5.00		$0	$0	$0
REV TONY LEE	BOARD MEMBER	5.00		$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	$2,026,286	$1,716,938	$1,540,544	$309,348
2023	$1,198,630	$915,345	$1,245,879	$283,285
2022	$2,310,300	$1,438,302	$1,422,613	$871,998
2021	$518,795	$43,057	$558,258	$475,738

DREAMS WORK INC