THE BEREAN WAY INC (EIN 593810598) - 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

2005

Legal Domicile

Phone

5038874921

Tax Period

2021-01-01 to 2021-12-31

THE BEREAN WAY INC, founded in 2005, is a micro nonprofit in the Religion sector that reported $33K in total revenue in fiscal year 2021. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Provide pastor and elder training; Supply homecare for HIV/AIDS patients on behalf of Shelter Ministries. Provide support for Christian veterinary misssions with a main goal of teaching leaders conflict resolution and peaceful dialogue through biblical teachings.

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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 (2021)

Revenue Breakdown

Contributions & Grants $32,595

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $32,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,036

Other Expenses $34,471

TOTAL EXPENSES $34,471

Year-over-Year Comparison

	2021	2020	Change
Revenue	$32,598	$28,588	+0.1%
Expenses	$34,471	$33,766	+0.0%
Net Income	$-1,873	$-5,178	-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

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
SCOTT MILLER	BOARD MEMBER	2.00	Director	$0	$0	$0
BILL M DISCHINGER	BOARD MEMBER	2.00	Director	$0	$0	$0
TOM BRADSTREET	BOARD MEMBER	2.00	Director	$0	$0	$0
JEFFREY M VALDES	President	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
2021	$32,598	$34,471	$27,008	$-1,873
2020	$28,588	$33,766	$28,881	$-5,178
2019	$38,448	$45,339	$34,060	$-6,891
2018	$64,548	$46,632	$40,951	$17,916
2017	$56,715	$49,034	$23,035	$7,681

THE BEREAN WAY INC