LUCY J'S BAKERY INC

EIN: 822457851 501(c)(3) Employment

MEMPHIS, TN

Total Revenue
$418,095
Total Expenses
$417,411
Total Assets
$141,008
Net Assets
$7,613
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TN
Principal Officer
SCOTT READY
Phone
9012579206
Tax Period
2024-01-01 to 2024-12-31

LUCY J'S BAKERY INC, founded in 2017, is a small nonprofit in the Employment sector that reported $418K in total revenue in fiscal year 2024.

Mission

PROVIDES JOB TRAINING AND EMPLOYMENT WITH LIVING WAGES TO PARENTS WHO ARE WORKING TO TRANSITION OUT OF HOMELESSNESS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $55,842
Program Service Revenue $362,253
Investment Income $0
Other Revenue $0
TOTAL REVENUE $418,095

Expense Breakdown

Grants Paid $0
Salaries & Benefits $197,163
Fundraising Expenses $0
Program Expenses $370,902
Other Expenses $220,248
TOTAL EXPENSES $417,411

Year-over-Year Comparison

2024 2023 Change
Revenue $418,095 $406,613 +0.0%
Expenses $417,411 $443,120 -0.1%
Net Income $684 $-36,507 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
18
Volunteers
10

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED CABIGAO BOARD OF DIR 2.00
Director
$0 $0 $0
SR MAUREEN GRINER BOARD OF DIR 2.00
Director
$0 $0 $0
SCOTT READY BOARD CHAIR 2.00
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 $418,095 $417,411 $141,008 $684
2023 $406,613 $443,120 $150,204 $-36,507
2022 $307,576 $333,206 $189,539 $-25,630
2021 $226,426 $207,346 $215,214 $19,080
2020 $141,646 $179,064 $213,887 $-37,418
2019 $214,440 $272,132 $177,156 $-57,692
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LUCY J'S BAKERY INC with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.