BREAD OF LIFE INC (EIN 760386510) - 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

1992

Legal Domicile

Principal Officer

MELVIN GRAY

Phone

7136593237

Tax Period

2022-01-01 to 2022-12-31

BREAD OF LIFE INC, founded in 1992, is a mid-sized nonprofit in the Human Services sector that reported $15.7M in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $17.3M exceeded revenue, resulting in a 10% operating deficit.

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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 (2022)

Revenue Breakdown

Contributions & Grants $15,342,048

Program Service Revenue $48,090

Investment Income $60,763

Other Revenue $289,136

TOTAL REVENUE $15,740,037

Expense Breakdown

Grants Paid $495,759

Salaries & Benefits $1,622,618

Fundraising Expenses $0

Program Expenses $14,853,937

Other Expenses $15,210,130

TOTAL EXPENSES $17,328,507

Year-over-Year Comparison

	2022	2021	Change
Revenue	$15,740,037	$13,347,076	+0.2%
Expenses	$17,328,507	$11,343,892	+0.5%
Net Income	$-1,588,470	$2,003,184	-1.8%

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

Volunteers

1988

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

$105,560

Total Directors

$105,560

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YVETTE TARRANT	TRUSTEE & CEO	40.00	Officer Director	$105,560	$0	$105,560
RUDY RASMUS	TRUSTEE	0.10	Director	$0	$0	$0
JUANITA RASMUS	TRUSTEE	0.10	Director	$0	$0	$0
MELVIN GRAY	PRESIDENT	1.00	Officer	$0	$0	$0
DAVID FELDMAN	SECRETARY	1.00	Officer	$0	$0	$0
CHRIS BARNES	COO	1.00	Highest	$153,803	$0	$153,803
MIA HOPKINS	CFO (FORMER)	1.00	Highest	$123,544	$0	$123,544

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	No data	No data	No data	No data
2022	$15,740,037	$17,328,507	$6,326,605	$-1,588,470
2021	$13,347,076	$11,343,892	$8,049,650	$2,003,184
2020	$9,941,731	$8,467,553	$1,432,491	$1,474,178
2019	$5,117,395	$5,463,507	$173,254	$-346,112

BREAD OF LIFE INC