Bread of Hope Inc (EIN 272176278) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Principal Officer

Mark A Kreikemeier

Phone

6783435545

Tax Period

2024-01-01 to 2024-12-31

Bread of Hope Inc is a small nonprofit in the International Affairs sector that reported $330K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $297K left a modest 10% surplus.

Mission

Equip Churches of the Wayuu people in Columbia and Venezuela with needed resources and training in assisting with education, spirituality, food, water, shelter, and wellness of the Wayuu people.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $319,489

Program Service Revenue $0

Investment Income $10,871

Other Revenue $0

TOTAL REVENUE $330,360

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,058

Fundraising Expenses $2,039

Program Expenses $279,991

Other Expenses $213,965

TOTAL EXPENSES $297,023

Year-over-Year Comparison

	2024	2023	Change
Revenue	$330,360	$249,963	+0.3%
Expenses	$297,023	$315,305	-0.1%
Net Income	$33,337	$-65,342	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$77,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Herbert J Rincon	Director	40.00	Officer	$77,000	$0	$77,000
Mark A Kreikemeier	Director	0.00	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	$330,360	$297,023	$300,433	$33,337
2023	$249,963	$315,305	$262,086	$-65,342
2022	$242,581	$197,311	$317,382	$45,270
2021	$275,604	$190,096	$272,112	$85,508
2020	$260,795	$158,210	$186,064	$102,585
2019	$280,115	$240,083	$84,072	$40,032
2018	$213,427	$205,090	$44,069	$8,337

Bread of Hope Inc