SEVEN LOAVES SOUP KITCHEN INC (EIN 770698924) - 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

2007

Legal Domicile

Principal Officer

William M Ruark

Phone

5709965005

Tax Period

2023-01-01 to 2023-12-31

SEVEN LOAVES SOUP KITCHEN INC, founded in 2007, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $239K in total revenue in fiscal year 2023. Expenses of $229K left a modest 4% surplus.

Mission

Enhance the health and quality of life of the unfortunate and elderly in our community by providing regular, hot, hardy, nutritious, well-balanced meals five days a week at no charge and with no requirements.

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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 $228,870

Program Service Revenue $0

Investment Income $9,953

Other Revenue $0

TOTAL REVENUE $238,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,082

Fundraising Expenses $0

Program Expenses $210,149

Other Expenses $209,819

TOTAL EXPENSES $228,901

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,823	$229,869	+0.0%
Expenses	$228,901	$161,676	+0.4%
Net Income	$9,922	$68,193	-0.9%

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

339

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

$12,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA SHAFFER	MISSION COORDINATOR	15	Key Emp Highest	$12,000	$0	$12,000
WILLIAM M RUARK	PRESIDENT	3.1	Officer Director	$0	$0	$0
MEGAN FLAHERTY	SECRETARY	0.85	Officer Director	$0	$0	$0
CASSANDRA BELL	TREASURER	4.4	Officer Director	$0	$0	$0
FRANK OLIVER	DIRECTOR	1.1	Director	$0	$0	$0
BECKY DURLAND	DIRECTOR	0.31	Director	$0	$0	$0
CRYSTAL POSTEN	DIRECTOR	0.81	Director	$0	$0	$0
KENNETH PRICE	DIRECTOR	0.6	Director	$0	$0	$0
CRAIG SOHNS	VICE PRESIDENT	3.3	Officer Director	$0	$0	$0
SARAH STREBY	DIRECTOR	0.50	Director	$0	$0	$0
DONALD NOWLAND	DIRECTOR	0.33	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	$238,823	$228,901	$980,428	$9,922
2022	$229,869	$161,676	$967,424	$68,193
2021	$182,485	$124,972	$911,849	$57,513
2020	$197,513	$144,188	$855,283	$53,325

SEVEN LOAVES SOUP KITCHEN INC