Wayzata, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bread of Life Ministries of Minnesota, founded in 2007, is a small nonprofit in the Human Services sector that reported $312K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $362K exceeded revenue, resulting in a 16% operating deficit.
Bread of Life Ministries of Minnesota conducts several programs and charitable projects in Germany, India and Uganda, among others. Specifically helping to support orphanages in India, spending time working in local Ugandan ministries and participating in educational seminars and missions training.
Financial support of two orphanages in India. Bread of Life seeks to find sponsors for the children who will give regular monthly donations. The orphanages are visited to assess their progress. Also...
Financial support of two orphanages in India. Bread of Life seeks to find sponsors for the children who will give regular monthly donations. The orphanages are visited to assess their progress. Also, on these visits training, preaching and evangelism in the local area is conducted.
Time is spent working together in local Ugandan ministries involved in providing both Christian work and social work. Visits are conducted to the areas to assess development and to conduct evangelism...
Time is spent working together in local Ugandan ministries involved in providing both Christian work and social work. Visits are conducted to the areas to assess development and to conduct evangelism and training.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $311,541 | $287,826 | +0.1% |
| Expenses | $361,802 | $322,147 | +0.1% |
| Net Income | $-50,261 | $-34,321 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Robert Lidfors | President/Treas | 40.00 |
Officer
|
$22,500 | $0 | $22,500 |
| Scott Benjamin | Chairperson | 0.00 |
Officer
|
$0 | $0 | $0 |
| Dirk Miller | Secretary | 0.00 |
Officer
|
$0 | $0 | $0 |
| William Lidfors | Board Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Jay Ludwig | Board Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Jim Miller | Board Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Barbara Lidfors | Board Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $311,541 | $361,802 | $175,063 | $-50,261 |
| 2024 | $287,826 | $322,147 | $225,324 | $-34,321 |
| 2023 | $442,010 | $361,891 | $259,645 | $80,119 |
| 2022 | $416,778 | $347,839 | $179,526 | $68,939 |
| 2021 | $418,109 | $308,348 | $110,587 | $109,761 |
| 2020 | $441,634 | $443,427 | $826 | $-1,793 |
| 2019 | $434,434 | $441,449 | $2,619 | $-7,015 |
| 2018 | $404,195 | $474,661 | $9,634 | $-70,466 |
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