The Soup Kitchen Inc (EIN 382288520) - 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

1980

Legal Domicile

Principal Officer

Alex Schaeffer

Phone

2699258204

Tax Period

2023-07-01 to 2024-06-30

The Soup Kitchen Inc, founded in 1980, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $181K left a modest 13% surplus.

Mission

The mission of the soup kitchen is to provide a nutritious daily meal to the hungry of the area. The soup kitchen also provides a safe and sheltered place for social gathering during the hours of its service. Secondary to these two primary goals, the soup kitchen staff may help clients meet other needs by coordinating with other social agencies, as time and resources are available.

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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 $183,281

Program Service Revenue $0

Investment Income $23,361

Other Revenue $2,444

TOTAL REVENUE $209,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,512

Fundraising Expenses $5,787

Program Expenses $152,867

Other Expenses $69,501

TOTAL EXPENSES $181,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,086	$258,494	-0.2%
Expenses	$181,013	$192,990	-0.1%
Net Income	$28,073	$65,504	-0.6%

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

519

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
Sharon Austin	Director	1.00	Director	$0	$0	$0
Chris Woodruff	Director	1.00	Director	$0	$0	$0
Yolanda Thrash	Director	1.00	Director	$0	$0	$0
Ashlee Hacker	Director	1.00	Director	$0	$0	$0
Rob Romano	Director	1.00	Director	$0	$0	$0
KC Gast	President, Secretary	3.00	Officer	$0	$0	$0
Alex Schaeffer	Treasurer	3.00	Officer	$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
2025	No data	No data	No data	No data
2024	$209,086	$181,013	$1,120,543	$28,073
2023	$258,494	$192,990	$1,019,297	$65,504
2022	$328,200	$171,432	$901,623	$156,768
2021	$426,137	$142,510	$863,492	$283,627
2020	$189,675	$158,484	$479,238	$31,191
2019	$114,679	$142,582	$426,895	$-27,903

The Soup Kitchen Inc