Institute for Bible Reading (EIN 811363220) - 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

2016

Legal Domicile

Principal Officer

Scott Bolinder

Phone

6164858779

Tax Period

2022-07-01 to 2023-06-30

Institute for Bible Reading, founded in 2016, is a small nonprofit that reported $144K in total revenue in fiscal year 2022. Revenue fell 48% from the prior year — a significant decline worth monitoring.

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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 $92,371

Program Service Revenue $0

Investment Income $0

Other Revenue $51,954

TOTAL REVENUE $144,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,000

Fundraising Expenses $0

Program Expenses $139,804

Other Expenses $57,895

TOTAL EXPENSES $141,895

Year-over-Year Comparison

	2022	2021	Change
Revenue	$144,325	$275,751	-0.5%
Expenses	$141,895	$229,488	-0.4%
Net Income	$2,430	$46,263	-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

N/A

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

$84,000

Total Directors

$84,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Caminiti	Senior Director, Mobilation	40.00	Officer Director	$60,000	$0	$60,000
Glenn Paauw	Senior Director, Content	40.00	Officer Director	$0	$0	$0
Scott Bolinder	Board Chair/Interim Executive Director	40.00	Officer Director	$24,000	$0	$24,000
Bob Fryling	Secretary	5.00	Officer Director	$0	$0	$0
Janet Mortenson Stump	Vice Chair/Treasurer	5.00	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
2023	$144,325	$141,895	$13,395	$2,430
2022	$275,751	$229,488	$27,133	$46,263
2021	$245,560	$203,978	$52,341	$41,582
2020	$375,270	$307,232	$62,155	$68,038

Institute for Bible Reading