My Bag My Story (EIN 832750160) - 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

2019

Legal Domicile

Principal Officer

Cara Finger

Phone

6152941374

Tax Period

2025-01-01 to 2025-12-31

My Bag My Story, founded in 2019, is a small nonprofit in the Human Services sector that reported $171K in total revenue in fiscal year 2025. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $236K exceeded revenue, resulting in a 38% operating deficit.

Mission

To improve the lives of children in foster care, elevating their sense of dignity and self worth.

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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 (2025)

Revenue Breakdown

Contributions & Grants $154,669

Program Service Revenue $0

Investment Income $0

Other Revenue $16,694

TOTAL REVENUE $171,363

Expense Breakdown

Grants Paid $47,639

Salaries & Benefits $64,590

Fundraising Expenses $56,109

Program Expenses $84,322

Other Expenses $124,126

TOTAL EXPENSES $236,355

Year-over-Year Comparison

	2025	2024	Change
Revenue	$171,363	$239,229	-0.3%
Expenses	$236,355	$189,333	+0.2%
Net Income	$-64,992	$49,896	-2.3%

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

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

$60,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cara Finger	Executive Dir.	40.00	Officer	$60,000	$0	$60,000
David Whitfield	Chairman	2.00	Officer Director	$0	$0	$0
Chad Powers	Secretary	2.00	Officer Director	$0	$0	$0
Amber Alverson	Treasurer	2.00	Officer Director	$0	$0	$0
Susan O'Connell	Director	2.00	Director	$0	$0	$0
Sara Olson	Director	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
2025	$171,363	$236,355	$312,480	$-64,992
2024	No data	No data	No data	No data
2023	$263,145	$83,632	$324,410	$179,513

My Bag My Story