BLESSINGS IN A BACKPACK INC (EIN 262627847) - 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

2008

Legal Domicile

Principal Officer

RACHEL GUIN

Phone

2604249080

Tax Period

2024-01-01 to 2024-12-31

BLESSINGS IN A BACKPACK INC, founded in 2008, is a small nonprofit in the Youth Development sector that reported $561K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 21% operating margin.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO ACCEPT DONATIONS WHICH WILL BE DISTRIBUTED IN NORTHEAST INDIANA FOR THE PURPOSE OF CHANNELING FOOD AND FEEDING HUNGRY SCHOOL AGE CHILDREN.

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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 $485,406

Program Service Revenue $0

Investment Income $1,883

Other Revenue $73,606

TOTAL REVENUE $560,895

Expense Breakdown

Grants Paid $297,816

Salaries & Benefits $101,241

Fundraising Expenses $81,778

Program Expenses $331,317

Other Expenses $42,251

TOTAL EXPENSES $441,308

Year-over-Year Comparison

	2024	2023	Change
Revenue	$560,895	$332,172	+0.7%
Expenses	$441,308	$337,224	+0.3%
Net Income	$119,587	$-5,052	-24.7%

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

$94,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMA ROSS	EXECUTIVE DI	40.00	Officer	$94,000	$0	$94,000
RACHEL GUIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
RENEE A SLOAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MICHAEL TRENT	TREASURER	1.00	Officer Director	$0	$0	$0
NANCY GOULOFF-GRABNER	SECRETARY	1.00	Officer Director	$0	$0	$0
DENISE ANDORFER	DIRECTOR	1.00	Director	$0	$0	$0
ALI BOWERSOCK	DIRECTOR	1.00	Director	$0	$0	$0
TIM CAPTAIN	DIRECTOR	1.00	Director	$0	$0	$0
BRETT GAUGER	DIRECTOR	1.00	Director	$0	$0	$0
GRETCHEN K GOULOFF	DIRECTOR	1.00	Director	$0	$0	$0
SHAYLA HATCHER	DIRECTOR	1.00	Director	$0	$0	$0
D GEOFF PADDOCK	DIRECTOR	1.00	Director	$0	$0	$0
BECKY PAPE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL SAUERTEIG	DIRECTOR	1.00	Director	$0	$0	$0
MONICA SENK	DIRECTOR	1.00	Director	$0	$0	$0
NOEL WINTERS	DIRECTOR	1.00	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	$560,895	$441,308	$271,581	$119,587
2023	$332,172	$337,224	$151,994	$-5,052
2022	$304,496	$287,538	$157,046	$16,958
2021	$227,201	$253,862	$140,088	$-26,661
2020	$249,619	$190,285	$166,749	$59,334
2019	$209,155	$265,296	$107,415	$-56,141
2018	$206,431	$248,299	$163,556	$-41,868

BLESSINGS IN A BACKPACK INC