Our Daily Bread Inc
- Assets
- $466.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring City, TN
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-2925233
Organization Overview
Our Daily Bread Inc is located in Spring City, TN. The organization was established in 2006. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Daily Bread 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 12/2021, Our Daily Bread Inc generated $97.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $64.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDEDNECESSITIESINTHEFORMOFFOOD,CLOTHING,RENT,UTILITIESANDBASICNEEDSTOOVER2,690PERSONIN2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Burkhardt Chairperson | 30 | $0 | |
Polly Gilliam Director | 4 | $0 | |
Louise Kueck Director | 12 | $0 | |
Sharon Cowart Vice Chairperson | 12 | $0 | |
Cheryl Southers Secretary Treasuer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,865 |
| Total Program Service Revenue | $75,491 |
| Membership dues | $0 |
| Investment income | $1,499 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,855 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,908 |
| Printing, publications, postage, and shipping | $436 |
| Other expenses | $7,248 |
| Total expenses | $64,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $341,977 |
| Other assets | $0 |
| Total assets | $466,008 |
| Total liabilities | $0 |
| Net assets or fund balances | $466,008 |
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