BROKEN CHAINS (EIN 820704084) - 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

2017

Legal Domicile

Principal Officer

CORDON J WOODY

Phone

9106700821

Tax Period

2024-01-01 to 2024-12-31

BROKEN CHAINS, founded in 2017, is a small nonprofit in the Mental Health sector that reported $144K in total revenue in fiscal year 2024. Revenue surged 135% from the prior year, signaling strong growth momentum. Expenses of $138K left a modest 4% surplus.

Mission

WE ARE BIKERS AND MOTORCYCLE ENTHUSIASTS WHO HAVE FOUND HOPE & HEALING IN JESUS CHRIST THROUGH THE PROCESS OF CHRIST CENTERED RECOVERY, HELPING OTHERS TO REALIZE THAT CHANGE IS POSSIBLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $109,870

Program Service Revenue $0

Investment Income $0

Other Revenue $33,741

TOTAL REVENUE $143,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,078

Fundraising Expenses $0

Program Expenses $123,312

Other Expenses $60,653

TOTAL EXPENSES $137,731

Year-over-Year Comparison

	2024	2023	Change
Revenue	$143,611	$61,003	+1.4%
Expenses	$137,731	$94,365	+0.5%
Net Income	$5,880	$-33,362	-1.2%

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

$38,450

Total Directors

$38,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JD INMAN	BOARD CHAIRMAN	15.00	Officer Director	$0	$0	$0
ROY JEFF STULTZ	PRESIDENT/CEO	40.00	Officer Director	$0	$0	$0
CORDON J WOODY	TREASURER/COO	40.00	Officer Director	$38,450	$0	$38,450
SHERRIE RIBAUDO	SECRETARY	15.00	Officer Director	$0	$0	$0
KARIN PAPARELLI	LEGAL ADVISOR	15.00	Director	$0	$0	$0
CAREY ROBERTS	BOARD MEMBER	10.00	Director	$0	$0	$0
LISA RIVERA	BOARD MEMBER	10.00	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	$143,611	$137,731	$80,956	$5,880
2021	$60,839	$56,221	$39,871	$4,618
2020	$22,818	$30,629	$35,253	$-7,811
2019	$63,276	$60,017	$43,064	$3,259
2018	$63,157	$33,110	$39,805	$30,047
2017	$15,171	$5,413	$11,813	$9,758

BROKEN CHAINS