BACKPACK BLESSINGS INC (EIN 463444468) - 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

2023

Legal Domicile

Principal Officer

LYNN SEARS

Phone

8508327166

Tax Period

2025-01-01 to 2025-12-31

BACKPACK BLESSINGS INC, founded in 2023, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $187K in total revenue in fiscal year 2025. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 48% operating margin.

Mission

THE MISSION OF BACKPACK BLESSINGS, INC. IS TO PROVIDE SHELF-STABLE WEEKEND MEALS TO STUDENTS IN PANAMA CITY BEACH FACING FOOD INSECURITY, ENABLING THEM TO FOCUS ON THEIR EDUCATION AND THRIVE BY ALLEVIATING THE BURDEN OF HUNGER ON THEIR FAMILIES. WE WORK TO ENSURE NO CHILD IN THE COMMUNITY GOES HUNGRY AND BRING TOGETHER A VARIETY OF VOLUNTEERS OF ALL BACKGROUNDS AND AGES TO SERVE AND MAKE A DIFFERENCE IN THE LIVES OF OUR LOCAL YOUTH.

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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 (2025)

Revenue Breakdown

Contributions & Grants $186,508

Program Service Revenue $0

Investment Income $941

Other Revenue $-107

TOTAL REVENUE $187,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $98,257

Other Expenses $98,257

TOTAL EXPENSES $98,257

Year-over-Year Comparison

	2025	2024	Change
Revenue	$187,342	$129,854	+0.4%
Expenses	$98,257	$79,144	+0.2%
Net Income	$89,085	$50,710	+0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN SEARS	President	5.00	Officer Director	$0	$0	$0
REBECCA DENT	Vice President	5.00	Officer Director	$0	$0	$0
SARA RISALVATO	Treasurer	5.00	Officer Director	$0	$0	$0
KIMBERLY COOLEY	Treasurer	5.00	Officer 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
2025	$187,342	$98,257	$187,363	$89,085
2024	$129,854	$79,144	$98,278	$50,710
2023	$131,433	$83,865	$47,568	$47,568

BACKPACK BLESSINGS INC