OPAL'S DREAM FOUNDATION INC (EIN 900887035) - 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

2012

Legal Domicile

Principal Officer

KENNETH D DOZER

Phone

2707233052

Tax Period

2024-01-01 to 2024-12-31

OPAL'S DREAM FOUNDATION INC, founded in 2012, is a micro nonprofit in the Human Services sector that reported $82K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring.

Mission

PROVIDES SERVICES TO SENIOR CITIZENS IN NURSING HOME/ASSISTED LIVING FACILITIES ACROSS MULTIPLE CITIES IN KENTUCKY AND INDIANA TO RESTORE DIGNITY, RESPECT, AND JOY TO SENIORS NEEDING LONG-TERM CARE.

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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 $48,765

Program Service Revenue $0

Investment Income $0

Other Revenue $33,559

TOTAL REVENUE $82,324

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,797

Fundraising Expenses $1,848

Program Expenses $60,733

Other Expenses $25,260

TOTAL EXPENSES $86,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,324	$198,438	-0.6%
Expenses	$86,057	$174,922	-0.5%
Net Income	$-3,733	$23,516	-1.2%

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

127

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

$55,817

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE RAMSEY	CHAIRMAN OF THE BOARD	20.00	Officer Director	$0	$0	$0
KEN DOZER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
JANET STITH	TREASURER	5.00	Officer Director	$0	$0	$0
DANNY BOEHNLEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBBIE THRASHER	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDY ARNOLD	BOARD MEMBER	5.00	Director	$0	$0	$0
APRIL DAVIDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
LOTTIE NICHOLS	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL THOMPSON	CHIEF OPERATING OFFICER	40.00	Officer	$55,817	$0	$55,817

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	$82,324	$86,057	$11,005	$-3,733
2023	$198,438	$174,922	$14,918	$23,516
2022	$96,404	$198,459	$26,093	$-102,055
2021	$182,801	$168,293	$47,653	$14,508
2020	$174,474	$159,050	$33,145	$15,424
2019	$163,884	$164,551	$17,721	$-667
2018	$162,656	$148,295	$56,833	$14,361

OPAL'S DREAM FOUNDATION INC