BREAD OF LIFE MISSION (EIN 916057907) - 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

1938

Legal Domicile

Principal Officer

KIMBERLY COOK

Phone

2066823579

Tax Period

2024-07-01 to 2025-06-30

BREAD OF LIFE MISSION, founded in 1938, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $3.2M exceeded revenue, resulting in a 20% operating deficit.

Mission

BREAD OF LIFE MINISTERS TO MEN WHO ARE CAUGHT IN HOMELESSNESS AND ADDICTION IN THE SEATTLE AREA. THEY DO THIS THROUGH A COLD WEATHER EMERGENCY SHELTER, AN ENHANCED YEAR-ROUND SHELTER, AND A RECOVERY PROGRAM (LIFE PATH) THAT PROVIDES CASE MANAGEMENT AND SERVICES THAT HELP MEN FIND LIFE TRANSFORMATION.

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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 $2,514,215

Program Service Revenue $4,323

Investment Income $116,096

Other Revenue $4,375

TOTAL REVENUE $2,639,009

Expense Breakdown

Grants Paid $621,951

Salaries & Benefits $1,244,088

Fundraising Expenses $636,150

Program Expenses $2,195,493

Other Expenses $969,077

TOTAL EXPENSES $3,176,657

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,639,009	$2,929,490	-0.1%
Expenses	$3,176,657	$2,630,000	+0.2%
Net Income	$-537,648	$299,490	-2.8%

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

200

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

$220,313

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH HAMM	TREASURER	2.00	Officer Director	$0	$0	$0
LARRY KARPACK	SECRETARY	1.00	Officer Director	$0	$0	$0
CYNDIE MARTINI	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
ANDY ROBBLEE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TYLER BELL	MEMBER	1.00	Director	$0	$0	$0
KIMBERLY COOK	CEO	40.00	Officer	$142,692	$27,365	$170,057
DEREK HERMANN	DIRECTOR OF OPERATIONS	10.00	Officer	$42,304	$7,952	$50,256

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	$2,639,009	$3,176,657	$4,061,580	$-537,648
2024	$2,929,490	$2,630,000	$4,395,535	$299,490
2023	$2,786,199	$2,420,981	$4,010,705	$365,218
2022	$2,276,229	$1,923,174	$3,301,000	$353,055
2021	$2,488,618	$1,879,930	$3,239,496	$608,688
2020	$2,169,755	$1,851,009	$2,515,657	$318,746
2019	$2,153,335	$1,834,611	$2,185,903	$318,724

BREAD OF LIFE MISSION