Food of Life Outreach Ministries

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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

Wayne Oxford

Tax Period

2019-01-01 to 2019-12-31

Food of Life Outreach Ministries, founded in 2010, is a small nonprofit in the Human Services sector that reported $270K in total revenue in fiscal year 2019. Revenue decreased 6% compared to the prior year. Expenses of $259K left a modest 4% surplus.

Mission

Our mission is to alleviate hunger, find shelter, clothes, council the homeless, poor, shut-in elderly and needy children and families in our community

Program Service Accomplishments

Program 1

Expenses: $259,436

We distributed nonperishable and frozen food to over 1,000 families each month during the tax year. This number actually translate into over 4,000 individuals on a monthly basis. The food was donated by USDA, Wal-mart, Winn-Dixie and Publix supermarkets, as well as Farm Share Food Banks. Food was also donated by a host of private donors. Food of Life also made food purchases as well to donate to our clients. We also distributed free clothing to 150 families.

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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 (2019)

Revenue Breakdown

Contributions & Grants $270,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $270,000

Expense Breakdown

Grants Paid $230,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $259,436

Other Expenses $29,436

TOTAL EXPENSES $259,436

Year-over-Year Comparison

	2019	2018	Change
Revenue	$270,000	$287,000	-0.1%
Expenses	$259,436	$290,290	-0.1%
Net Income	$10,564	$-3,290	-4.2%

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

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
Wayne Oxford	President	0.00	Officer	$0	$0	$0
Pricilla Truitt	Vice President	0.00	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
2019	$270,000	$259,436	$591	$10,564
2018	$287,000	$290,290	$512	$-3,290
2017	$363,000	$350,499	$3,802	$12,501