Daily Bread Ministries Inc (EIN 630878388) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

Joseph Medina

Phone

2059959569

Tax Period

2022-01-01 to 2022-12-31

Daily Bread Ministries Inc, founded in 2009, is a small nonprofit that reported $249K in total revenue in fiscal year 2020. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 23% operating margin.

Mission

Contributing to under-privileged and disadvantaged through Christian ministry.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $182,699

Program Service Revenue $0

Investment Income $0

Other Revenue $11,999

TOTAL REVENUE $194,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,044

Fundraising Expenses $0

Program Expenses $197,975

Other Expenses $55,395

TOTAL EXPENSES $207,439

Year-over-Year Comparison

	2022	2021	Change
Revenue	$194,698	$249,454	-0.2%
Expenses	$207,439	$216,590	0.0%
Net Income	$-12,741	$32,864	-1.4%

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

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

$88,500

Total Directors

$127,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Medina	Director	40.00	Director	$39,050	$0	$39,050
Kay Medina	Director	3.00	Director	$0	$0	$0
Sherry Henderson	Secretary/Director	3.00	Officer Director	$0	$0	$0
Brenda Spahn	Vice President/Director	3.00	Officer Director	$0	$0	$0
Leslee Hughes	Treasurer/Director	8.00	Officer Director	$500	$0	$500
Joesph Medina	President/Director	40.00	Officer Director	$88,000	$0	$88,000

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
2022	$194,698	$207,439	$121,391	$-12,741
2021	$249,454	$216,590	$136,286	$32,864
2020	$248,512	$190,275	$103,431	$58,237

Daily Bread Ministries Inc