BACKPACK FRIENDS INC (EIN 831653529) - 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

2018

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

BACKPACK FRIENDS INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $322K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE FOOD TO NEEDY CHILDREN

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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 $321,504

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $321,504

Expense Breakdown

Grants Paid $292,007

Salaries & Benefits $0

Fundraising Expenses $13,503

Program Expenses $292,007

Other Expenses $28,019

TOTAL EXPENSES $320,026

Year-over-Year Comparison

	2023	2022	Change
Revenue	$321,504	$278,362	+0.2%
Expenses	$320,026	$181,282	+0.8%
Net Income	$1,478	$97,080	-1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE GARDNER	DIRECTOR	0.00	Director	$0	$0	$0
ROBERT DOBLER	DIRECTOR	7.00	Director	$0	$0	$0
RAY HARRIS	DIRECTOR	7.00	Director	$0	$0	$0
DAVID RIEF	DIRECTOR	0.00	Director	$0	$0	$0
WILLIAM CLUBB	DIRECTOR	0.00	Director	$0	$0	$0
DANIELLE ABRAHAM	CHAIRDIRECTOR	5.00	Director	$0	$0	$0
CHRIS JOHNS	DIRECTOR	0.00	Director	$0	$0	$0
CATHY TIMMINS	DIRECTOR	3.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$321,504	$320,026	$305,277	$1,478
2022	$278,362	$181,282	$304,473	$97,080
2021	$322,076	$251,935	$209,318	$70,141
2020	$259,185	$188,639	$136,506	$70,546

BACKPACK FRIENDS INC