THY BREAD FOUNDATION (EIN 871974977) - 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

2021

Legal Domicile

Principal Officer

JOHN SHERRILL

Phone

3523567384

Tax Period

2024-01-01 to 2024-12-31

THY BREAD FOUNDATION, founded in 2021, is a small nonprofit in the International Affairs sector that reported $376K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSES OF THE CORPORATION AS STATED IN ITS ARTICLES OF INCORPORATION ARE EXCLUSIVELY CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC, ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION ANTICIPATES THAT IT WILL PROVIDE AID, EDUCATION, AND SPIRITUAL ENCOURAGEMENT TO THE LESS FORTUNATE OF THE WORLD.

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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 $373,950

Program Service Revenue $0

Investment Income $1,682

Other Revenue $0

TOTAL REVENUE $375,632

Expense Breakdown

Grants Paid $353,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $353,000

Other Expenses $22,742

TOTAL EXPENSES $375,742

Year-over-Year Comparison

	2024	2023	Change
Revenue	$375,632	$695,500	-0.5%
Expenses	$375,742	$756,628	-0.5%
Net Income	$-110	$-61,128	-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

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
JOHN SHERRILL	PRESIDENT	2.00	Officer Director	$0	$0	$0
CARLEENA SHERRILL	SECRETARY/TREASURER	2.00	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
2024	$375,632	$375,742	$194,070	$-110
2023	$695,500	$756,628	$194,180	$-61,128
2022	$413,900	$323,663	$255,308	$90,237
2021	$201,500	$36,429	$175,071	$165,071

THY BREAD FOUNDATION