Our Daily Bread Ministries Trust (EIN 386365725) - 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

1977

Legal Domicile

Principal Officer

Nancy Schoonmaker

Phone

6169426770

Tax Period

2024-04-01 to 2025-03-31

Our Daily Bread Ministries Trust, founded in 1977, is a small nonprofit in the Religion sector that reported $727K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum.

Mission

The organization assists individuals that support RBC Ministries (also a 501 c 3 entity)by providing charitable gift annuities & holding monies under trust agreements

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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 $349,295

Program Service Revenue $0

Investment Income $377,370

Other Revenue $0

TOTAL REVENUE $726,665

Expense Breakdown

Grants Paid $424,317

Salaries & Benefits $66,155

Fundraising Expenses $0

Program Expenses $648,421

Other Expenses $246,977

TOTAL EXPENSES $737,449

Year-over-Year Comparison

	2024	2023	Change
Revenue	$726,665	$439,058	+0.7%
Expenses	$737,449	$988,169	-0.3%
Net Income	$-10,784	$-549,111	-1.0%

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

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

$547,850

Total Directors

$547,850

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dan Ferwerda	Trustee	2.00	Officer Director	$0	$12,579	$169,550
William Walker	Trustee	10.00	Officer Director	$0	$6,469	$163,353
Nancy Schoonmaker	Trustee	0.50	Officer Director	$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	$726,665	$737,449	$7,656,140	$-10,784
2024	$439,058	$988,169	$7,214,888	$-549,111
2023	$830,945	$304,573	$6,542,052	$526,372
2022	$1,460,168	$1,139,883	$7,216,687	$320,285
2021	$852,393	$2,380,543	$7,408,738	$-1,528,150
2020	$1,107,259	$531,940	$6,008,265	$575,319
2019	$554,144	$473,401	$6,922,578	$80,743

Our Daily Bread Ministries Trust