BREAK THE CYCLE FOUNDATION- BUILT … - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

NADINE CARMOM

Phone

8432123949

Tax Period

2023-01-01 to 2023-12-31

BREAK THE CYCLE FOUNDATION- BUILT ON THE CORNERSTONE OF CHRIST, founded in 2013, is a small nonprofit in the Human Services sector that reported $127K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $149K exceeded revenue, resulting in a 17% operating deficit.

Mission

IT IS OUR MISSION TO SERVE THE UNDERSERVED VIA FREE FOOD, CLOTHING, SHOWERS AND FINANCIAL ASSISTANCE

Program Service Accomplishments

Program 1

Expenses: $3,464 Revenue: $0

FINANCIAL ASSISTANCE TO HELP CLIENTS COVER HOTELS, UTILITIES, GAS AND MEDICAL PRESCRIPTIONS

Program 2

Expenses: $2,936 Revenue: $0

PROVIDED FREE HYGIENIC FACILITIES AND FREE CLOTHING

Program 3

Expenses: $101 Revenue: $0

F.E.D.U.P PROVIDED FREE DAILY MEALS TO THE HOMELESS AND CHILDREN AND THEIR FAMILIES

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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 $14,494

Program Service Revenue $0

Investment Income $0

Other Revenue $112,759

TOTAL REVENUE $127,253

Expense Breakdown

Grants Paid $6,501

Salaries & Benefits $38,570

Fundraising Expenses $0

Program Expenses $6,501

Other Expenses $103,478

TOTAL EXPENSES $148,549

Year-over-Year Comparison

	2023	2022	Change
Revenue	$127,253	$212,637	-0.4%
Expenses	$148,549	$261,560	-0.4%
Net Income	$-21,296	$-48,923	-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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NADINE CARMON	CEO	50	Officer	$0	$0	$0
SUSANNE GROSE	SECRETARY	8	Officer	$0	$0	$0
MICHELLE LEWIS	CFO	0	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	$127,253	$148,549	$29,556	$-21,296
2022	$212,637	$261,560	$47,420	$-48,923
2021	$318,817	$311,411	$187,384	$7,406

BREAK THE CYCLE FOUNDATION- BUILT ON THE CORNERSTONE OF CHRIST