BLESSING BAGS PROJECT INC

EIN: 474714498 501(c)(3) Human Services

BRADENTON, FL

Total Revenue
$90,648
Total Expenses
$169,719
Total Assets
$106,390
Net Assets
$94,779
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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
2015
Legal Domicile
FL
Principal Officer
LAUREN PLANTE
Phone
9417201720
Tax Period
2025-01-01 to 2025-12-31

BLESSING BAGS PROJECT INC, founded in 2015, is a micro nonprofit in the Human Services sector that reported $91K in total revenue in fiscal year 2025. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $170K exceeded revenue, resulting in a 87% operating deficit.

Mission

DEDICATION TO THE HOMELSS AND LESS FORTUNATE BY PROVIDING BASIC CRITICAL NEEDS IN THE COMMUNITY.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $90,648
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $90,648

Expense Breakdown

Grants Paid $135,359
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $169,719
Other Expenses $34,360
TOTAL EXPENSES $169,719

Year-over-Year Comparison

2025 2024 Change
Revenue $90,648 $243,878 -0.6%
Expenses $169,719 $231,895 -0.3%
Net Income $-79,071 $11,983 -7.6%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
9

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN PLANTE DIRECTOR 35
Director
$0 $0 $0
KATRINA COX TREASURER 20
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
2025 $90,648 $169,719 $106,390 $-79,071
2024 $243,878 $231,895 $193,077 $11,983
2023 $100,341 $120,408 $85,882 $-20,067
2022 $239,446 $198,253 $116,924 $41,193
2021 $114,188 $128,142 $65,843 $-13,954
2020 $119,314 $68,685 $85,258 $50,629
2018 $30,660 $28,811 $16,104 $1,849
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