Back Pack Blessings Inc

EIN: 455424591 501(c)(3) Human Services

Marietta, GA

Total Revenue
$205,645
Total Expenses
$113,678
Total Assets
$246,191
Net Assets
$246,191
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
GA
Principal Officer
Anthony Palermo
Phone
6782451252
Tax Period
2020-01-01 to 2020-12-31

Back Pack Blessings Inc, founded in 2012, is a small nonprofit in the Human Services sector that reported $206K in total revenue in fiscal year 2020. The organization ran a surplus of $92K, a strong 45% operating margin.

Mission

Provide backpacks of food for children at Fair Oaks elementary, Salvation Army After School Program and Acworth Elementary for 600+ children, over approximately 35 weeks of the school year. Provide food to school pantry during school year.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $205,296
Program Service Revenue $0
Investment Income $349
Other Revenue $0
TOTAL REVENUE $205,645

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $108,581
Other Expenses $113,678
TOTAL EXPENSES $113,678

Year-over-Year Comparison

2020 2019 Change
Revenue $205,645 N/A N/A
Expenses $113,678 N/A N/A
Net Income $91,967 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony Palermo Director 3.00
Director
$0 $0 $0
Stacy Ronai Chairman 5.00
Director
$0 $0 $0
Brad Hill Director 1.00
Director
$0 $0 $0
Pam Palermo Director 1.00
Director
$0 $0 $0
Sue Dimick Director 2.00
Director
$0 $0 $0
Gretchen Hornsby Director 1.00
Director
$0 $0 $0
Ben Hornsby Director 1.00
Director
$0 $0 $0
Jerry Uffner President 2.00
Director
$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
2020 $205,645 $113,678 $246,191 $91,967
2020 $214,045 $122,078 $246,191 $91,967
Explore More Nonprofits
Top 100 Nonprofits in Georgia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Back Pack Blessings Inc with other nonprofits in Georgia and across the country.