Project Bread - The Walk For Hunger Inc
- Assets
- $13.6m
- Revenue
- $18.3m
- Investments
- $0.0
- Employees
- 90
- Location
- East Boston, MA
- Founding
- 02/1987
- Data as of
- 09/2023
- EIN
- 04-2931195
Organization Overview
Project Bread - The Walk For Hunger Inc is located in East Boston, MA. The organization was established in 1987. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2023, Project Bread - The Walk For Hunger Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Bread - The Walk For Hunger Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Project Bread - The Walk For Hunger Inc generated $18.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $17.9m during the year ending 09/2023. While expenses have increased by 14.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Project Bread - The Walk For Hunger Inc has awarded 505 individual grants totaling $4,334,779. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROJECT BREAD FIGHTS HUNGER IN MA THROUGH PREVENTION, PROGRAMS AND POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT SERVICEPROJECT BREAD PROVIDES DIRECT SERVICE TO >20,000 HOUSEHOLDS A YEAR. THESE PROGRAMS, THE EXPERTISE OF PEOPLE WITH LIVED FOOD INSECURITY AND PROJECT BREAD'S RESEARCH DEPT INFORM POLICY & ADVOCACY INITIATIVES TO ADVANCE PERMANENT SYSTEMIC CHANGE. PROJECT BREAD PROVIDES FREE, CONFIDENTIAL, COMPASSIONATE SUPPORT FROM TRAINED COUNSELORS IN MANY LANGUAGES BY PHONE & LIVE CHAT. >5,000 PEOPLE ON A LOW INCOME GET ONE-ON-ONE CASE MANAGEMENT TO GET BASIC KITCHEN EQUIPMENT, NUTRITION EDUCATION & COOKING CLASSES AND FUNDS FOR FOOD FOR IMPROVED HEALTH. THE BULK OF PROJECT BREAD'S WORK IN THE HEALTHCARE SYSTEM IS IN PARTNERSHIP WITH SELECT ACCOUNTABLE CARE ORGANIZATIONS AND MASSHEALTH.
FEEDING KIDSPROJECT BREAD ENSURES MA KIDS LEARN & GROW UNENCUMBERED BY HUNGER; PARTNERING W/ MA DEPT OF ELEMENTARY & SECONDARY EDUCATION TO GROW ACCESS TO FEDERAL SCHOOL & SUMMER MEALS . PROJECT BREAD'S 2023 ADVOCACY SECURED FREE UNIVERSAL SCHOOL MEALS SO ALL STUDENTS CAN EAT WITHOUT STIGMA. PROJECT BREAD COLLABORATES WITH SCHOOLS/ COMMUNITIES TO ELIMINATE BARRIERS TO MEALS, PROVIDING SCHOOL/DISTRICT SPECIFIC SUPPORT THROUGH TECHNICAL ASSISTANCE, GUIDANCE ON MEAL PROGRAM DESIGN, PROCUREMENT, & GRANTS FOR NEEDS SUCH AS EQUIPMENT, PACKAGING, AND STAFFING. NUTRITION STAFF EARN PROFESSIONAL DEVELOPMENT HOURS FROM PROJECT BREAD'S SCHOOL FOOD FELLOWSHIP EDUCATION PROGRAM (1,346 HOURS/CREDITS AWARDED IN FY23).
FOOD RESOURCE OUTREACH AND AWARENESSPROJECT BREAD LEADS STATEWIDE, MULTI-CHANNEL PUBLIC SERVICE CAMPAIGNS IN SEVERAL LANGUAGES TO DESTIGMATIZE ASSISTANCE AND TO RAISE AWARENESS ABOUT FOOD INSECURITY PROGRAMS. THROUGH GRASSROOTS OUTREACH, ACTIVATION OF COMMUNITY PARTNERS, PAID MEDIA AND PR, ENGAGEMENT WITH ELECTED OFFICIALS AND THOUSANDS OF PROJECT BREAD SUPPORTERS AND PARTICIPANTS IN THE WALK FOR HUNGER, PROJECT BREAD PROMOTES RESOURCES SUCH AS OUR FOODSOURCE HOTLINE TO ADDRESS THE FOOD INSECURITY OF INDIVIDUALS AND FAMILIES. PROJECT BREAD PROVIDES HEALTH CENTERS WITH GRANTS TO SUPPORT SNAP TRAINING AND PROVIDE PROMOTIONAL MATERIALS TO SUPPLEMENT OTHER AWARENESS ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Levangie Chair | OfficerTrustee | 4 | $0 |
Irene Li Vice Chair | OfficerTrustee | 4 | $0 |
Michael Richards Treasurer | OfficerTrustee | 4 | $0 |
Kathryn Warren Barnes Clerk | OfficerTrustee | 4 | $0 |
Ray Xi Board Member | Trustee | 4 | $0 |
Jean Mcmurray Board Member (until 9/23) | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Finn Partners Inc Programmatic Advertising | 9/29/23 | $1,048,706 |
Quad Production/printing | 9/29/23 | $301,972 |
Teak Media Communication Llc Consultant | 9/29/23 | $125,350 |
Language Line Services Translation | 9/29/23 | $121,552 |
Ecratchit Accounting | 9/29/23 | $117,224 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,553,914 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,441,537 |
| Noncash contributions included in lines 1a–1f | $46,973 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,995,451 |
| Total Program Service Revenue | $0 |
| Investment income | $177,641 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,284,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $442,781 |
| Grants and other assistance to domestic individuals. | $5,325,933 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $988,675 |
| Compensation of current officers, directors, key employees. | $99,485 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,017,418 |
| Pension plan accruals and contributions | $113,619 |
| Other employee benefits | $608,186 |
| Payroll taxes | $534,532 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $162,755 |
| Fees for services: Lobbying | $124,412 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $599,568 |
| Advertising and promotion | $1,547,118 |
| Office expenses | $741,617 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $167,797 |
| Travel | $42,266 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $105,837 |
| Interest | $43,082 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $139,925 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $17,932,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,139,228 |
| Savings and temporary cash investments | $1,223,326 |
| Pledges and grants receivable | $2,935,189 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,250,860 |
| Net Land, buildings, and equipment | $1,926,164 |
| Investments—publicly traded securities | $5,081,029 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,555,796 |
| Accounts payable and accrued expenses | $1,751,537 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,122,725 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,874,262 |
| Net assets without donor restrictions | $9,729,584 |
| Net assets with donor restrictions | $951,950 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,555,796 |
Grants Awarded
Over the last fiscal year, Project Bread - The Walk For Hunger Inc has awarded $407,070 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
REGIONAL ENVIRONMENTAL COUNCIL PURPOSE: FY23 "MOVING THE NEEDLE" GRANT ($30,000 ON 9/25/23) | $30,000 |
YMCA OF METRO NORTH PURPOSE: FY23 "MOVING THE NEEDLE" GRANT ($30,000 ON 9/25/23) AND FY23 CHILD NUTRITION GRANT ($4,000 ON 4/23/23) | $34,000 |
MILL CITY GROWS PURPOSE: FY23 "MOVING THE NEEDLE" GRANT ($30,000 ON 9/25/23) | $30,000 |
THE PAULIST CENTER PURPOSE: FY23 COMMONWEALTH ($22,280.01 ON 9/30/23) | $22,280 |
MARION INSTITUTE PURPOSE: FY23 "MOVING THE NEEDLE" GRANT ($17,817 ON 9/25/23) | $17,817 |
CHICOPEE PUBLIC SCHOOLS - FOOD SERVICE PURPOSE: FY23 CHILD NUTRITION GRANTS ($7,000 ON 5/23/23 AND $10,000 ON 11/03/22) | $17,000 |