BREAD OF LIFE WORLD MISSIONS INC (EIN 454740230) - 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

2012

Legal Domicile

Principal Officer

TIMOTHY S FOGARTY

Phone

3528900689

Tax Period

2023-01-01 to 2023-12-31

BREAD OF LIFE WORLD MISSIONS INC, founded in 2012, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $130K in total revenue in fiscal year 2023. Expenses of $144K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO HELP SUPPORT MISSIONARIES WHO FEED THE HOMELESS IN OUR LOCAL AREA AND SUPPORT MISSIONARIES IN CENTRAL AND SOUTH AMERICA

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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 $130,498

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $130,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $99,933

Other Expenses $144,362

TOTAL EXPENSES $144,362

Year-over-Year Comparison

	2023	2022	Change
Revenue	$130,498	N/A	N/A
Expenses	$144,362	N/A	N/A
Net Income	$-13,864	N/A	N/A

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY S FOGARTY	PRESIDENT	40.00	Officer	$0	$0	$0
SALVATORE DEMENNA	TREASURER	20.00	Officer	$0	$0	$0
MICHAEL L YOUNG	VICE PRESIDENT	40.00	Officer	$0	$0	$0
PATRICIA Y FOGARTY	DIRECTOR	20.00	Director	$0	$0	$0
CHARLES ELLIS	DIRECTOR	20.00	Director	$0	$0	$0
RENE DELAZERDA	SECRETARY	20.00	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
2023	$130,498	$144,362	$9,911	$-13,864
2020	$145,968	$176,694	$70,509	$-30,726
2018	$165,493	$154,250	$29,579	$11,243

BREAD OF LIFE WORLD MISSIONS INC