BIBLE PATHWAY MINISTRIES INC (EIN 620972054) - 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

1973

Legal Domicile

Principal Officer

JENNIFER PALAFOX

Tax Period

2023-01-01 to 2023-12-31

BIBLE PATHWAY MINISTRIES INC, founded in 1973, is a small nonprofit that reported $507K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE DAILY BIBLE READING THROUGH A PRINTED DEVOTIONAL GUIDE

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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 $445,616

Program Service Revenue $61,318

Investment Income $0

Other Revenue $0

TOTAL REVENUE $506,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $302,449

Fundraising Expenses $0

Program Expenses $332,278

Other Expenses $238,043

TOTAL EXPENSES $540,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$506,934	$388,568	+0.3%
Expenses	$540,492	$426,968	+0.3%
Net Income	$-33,558	$-38,400	-0.1%

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

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

$75,787

Total Directors

$75,787

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER PALAFOX	PRESIDENT	40.00	Officer Director Highest	$66,650	$9,137	$75,787
CASSIE PATTON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER ROBISON	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN FERREIRA	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES K JENNINGS	FINANCIAL OFFICER	1.00	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
2024	No data	No data	No data	No data
2023	$506,934	$540,492	$281,045	$-33,558
2022	$388,568	$426,968	$315,291	$-38,400
2021	$415,306	$439,403	$354,474	$-24,097
2020	$386,105	$461,749	$386,805	$-75,644
2019	$396,607	$437,789	$448,839	$-41,182
2018	$313,484	$460,547	$504,444	$-147,063

BIBLE PATHWAY MINISTRIES INC