BONNIE FLOYD MINISTRIES (EIN 270909404) - 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

2009

Legal Domicile

Principal Officer

BONNIE FLOYD

Phone

9723828550

Tax Period

2023-01-01 to 2023-12-31

BONNIE FLOYD MINISTRIES, founded in 2009, is a small nonprofit in the Religion sector that reported $316K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $366K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROCLAIM THE GOSPEL OF JESUS CHRIST AND PROVIDE ASSISTANCE TO THE NEEDY

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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 $244,231

Program Service Revenue $69,496

Investment Income $0

Other Revenue $2,728

TOTAL REVENUE $316,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,645

Fundraising Expenses $6,228

Program Expenses $349,522

Other Expenses $301,568

TOTAL EXPENSES $366,213

Year-over-Year Comparison

	2023	2022	Change
Revenue	$316,455	$251,968	+0.3%
Expenses	$366,213	$307,707	+0.2%
Net Income	$-49,758	$-55,739	-0.1%

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

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BONNIE FLOYD	PRESIDENT	40.00	Officer Director	$60,000	$0	$60,000
DON FLOYD	VICE PRESIDENT	40.00	Officer Director	$0	$0	$0
NICHOLE BRANDENBURG	DIRECTOR	20.00	Director	$0	$0	$0
VICTORIA JACKSON	DIRECTOR	2.00	Director	$0	$0	$0
MARC BRANDENBURG	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	$316,455	$366,213	$76,946	$-49,758
2022	$251,968	$307,707	$37,159	$-55,739
2020	$200,491	$192,803	$121,002	$7,688
2019	$197,918	$204,036	$14,858	$-6,118

BONNIE FLOYD MINISTRIES