Our Daily Bread Ministries Foundation (EIN 383447967) - 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

1998

Legal Domicile

Principal Officer

Nancy Schoonmaker

Phone

6169426770

Tax Period

2024-04-01 to 2025-03-31

Our Daily Bread Ministries Foundation, founded in 1998, is a community nonprofit in the Religion sector that reported $9.4M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $12.8M exceeded revenue, resulting in a 36% operating deficit.

Mission

Accumulate and invest funds for the benefit of RBC Ministries (also a 501 c 3 organization)

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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 $8,274,521

Program Service Revenue $0

Investment Income $1,137,739

Other Revenue $0

TOTAL REVENUE $9,412,260

Expense Breakdown

Grants Paid $12,348,856

Salaries & Benefits $229,183

Fundraising Expenses $50,636

Program Expenses $12,475,581

Other Expenses $206,361

TOTAL EXPENSES $12,784,400

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,412,260	$6,803,906	+0.4%
Expenses	$12,784,400	$9,366,944	+0.4%
Net Income	$-3,372,140	$-2,563,038	+0.3%

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

N/A

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

$532,076

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marty Doorn	Chairman	0.50	Officer Director	$0	$0	$0
Diane Maher	Vice-Chairman	0.50	Officer Director	$0	$0	$0
William Bontekoe	Director	0.50	Director	$0	$0	$0
Jeff Lambert	Director	0.50	Director	$0	$0	$0
Rick DeHaan	Director	0.50	Director	$0	$0	$0
Matt Lucas	President	0.50	Officer	$0	$30,729	$317,129
Nancy Schoonmaker	Treasurer	0.50	Officer	$0	$6,366	$214,947

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	$9,412,260	$12,784,400	$29,464,295	$-3,372,140
2024	$6,803,906	$9,366,944	$33,398,086	$-2,563,038
2023	$7,760,383	$6,796,178	$33,562,452	$964,205
2022	$7,896,868	$924,630	$34,200,268	$6,972,238
2021	$5,116,065	$157,593	$27,347,541	$4,958,472
2020	$4,175,063	$5,970,973	$18,844,179	$-1,795,910
2019	$4,187,051	$4,063,878	$22,032,684	$123,173

Our Daily Bread Ministries Foundation