BAKERY EQUIPMENT ASSESSMENT GROUP INC (EIN 133041317) - 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

1949

Legal Domicile

Principal Officer

KRISTEN SPRIGGS

Phone

8007130462

Tax Period

2024-01-01 to 2024-12-31

BAKERY EQUIPMENT ASSESSMENT GROUP INC, founded in 1949, is a micro nonprofit that reported $52K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $208K exceeded revenue, resulting in a 300% operating deficit.

Mission

TO IMPROVE BAKING SANITATION THROUGH STANDARDS FOR DESIGN AND CONSTRUCTION OF BAKING EQUIPMENT.

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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 $0

Program Service Revenue $34,464

Investment Income $17,567

Other Revenue $0

TOTAL REVENUE $52,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $208,262

TOTAL EXPENSES $208,262

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,031	$79,123	-0.3%
Expenses	$208,262	$267,275	-0.2%
Net Income	$-156,231	$-188,152	-0.2%

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

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

$366,350

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONICA KLINE	DIRECTOR-AT-LARGE	0.25	Director	$0	$0	$0
SCOTT MCCALLY	DIRECTOR-AT-LARGE	0.25	Director	$0	$0	$0
PAUL RAINEY	DIRECTOR-AT-LARGE	0.25	Director	$0	$0	$0
PETER RASMUSSEN	DIRECTOR-AT-LARGE	0.25	Director	$0	$0	$0
RAMON RIVERA	DIRECTOR-AT-LARGE (UNTIL 2/24)	0.25	Director	$0	$0	$0
JEREMIAH TILGHMAN	CHAIRMAN	0.50	Officer Director	$0	$0	$0
LUIS VARGAS	DIRECTOR-AT-LARGE	0.25	Director	$0	$0	$0
KRISTEN SPRIGGS	EXECUTIVE DIRECTOR	3.00	Officer	$0	$13,650	$213,450
TAWNEE BRYDEBELL	SECRETARY/TREASURER	3.00	Officer	$0	$11,150	$152,900

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	$52,031	$208,262	$384,091	$-156,231
2023	$79,123	$267,275	$471,395	$-188,152
2022	$69,784	$859,200	$9,422	$-789,416
2021	$73,442	$53,863	$801,746	$19,579
2020	$53,434	$49,255	$735,225	$4,179
2019	$64,303	$48,872	$691,602	$15,431
2018	$73,693	$46,088	$601,972	$27,605

BAKERY EQUIPMENT ASSESSMENT GROUP INC