BREAD OF LIFE INC (EIN 223199801) - 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

1992

Legal Domicile

Principal Officer

EDWIN ANDREWS

Phone

7813970404

Tax Period

2023-01-01 to 2023-12-31

BREAD OF LIFE INC, founded in 1992, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $417K, a strong 31% operating margin.

Mission

MEALS PROGRAM, FOOD PANTRY AND OUTREACH PROGRAM

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,289,372

Program Service Revenue $0

Investment Income $34,762

Other Revenue $0

TOTAL REVENUE $1,324,134

Expense Breakdown

Grants Paid $0

Salaries & Benefits $519,347

Fundraising Expenses $70,561

Program Expenses $727,808

Other Expenses $388,231

TOTAL EXPENSES $907,578

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,324,134	$3,020,253	-0.6%
Expenses	$907,578	$866,135	+0.0%
Net Income	$416,556	$2,154,118	-0.8%

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

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
SEAN TWOMEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY BETH LEON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS CHITOURAS	SECRETARY	2.00	Officer Director	$0	$0	$0
MARK GOLUB	DIRECTOR	2.00	Director	$0	$0	$0
DENNIS ROCHE	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN MCKENNA	DIRECTOR	2.00	Director	$0	$0	$0
EDWIN ANDREWS	TREASURER	2.00	Officer Director	$0	$0	$0
LOUIS GENTILE JR	DIRECTOR	2.00	Director	$0	$0	$0
JANA GIMENEZ	RECORDING SECRETARY	2.00	Officer Director	$0	$0	$0
DOUGLAS MAYERS	DIRECTOR	2.00	Director	$0	$0	$0
BERNADETTE MUTEBI	DIRECTOR	2.00	Director	$0	$0	$0
SARA BRANDON	DIRECTOR	2.00	Director	$0	$0	$0
STACY ROACHE	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA DURGIN	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH LOMBARDOZZI	DIRECTOR	2.00	Director	$0	$0	$0
CLAUDIA LEE	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT GOODREAU	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$1,324,134	$907,578	$6,396,918	$416,556
2022	$3,020,253	$866,135	$5,804,600	$2,154,118
2021	$2,244,469	$771,544	$4,290,759	$1,472,925
2020	$2,011,201	$611,788	$2,830,982	$1,399,413
2018	$577,121	$566,146	$1,267,727	$10,975

BREAD OF LIFE INC