Bread Of Life Ministries Of Albion
- Assets
- $127.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albion, MI
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-8250258
Organization Overview
Bread Of Life Ministries Of Albion is located in Albion, MI. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bread Of Life Ministries Of Albion 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, Bread Of Life Ministries Of Albion generated $60.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $51.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 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
WEDNESDAY NIGHT BIBLE STUDY AND SUNDAY SERVICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Amos President | 20 | $4,200 | |
Carla Harris Secretary | 5 | $0 | |
Carolyn Amos Treasurer | 10 | $0 | |
James Thomas Weaver Director | 5 | $0 | |
Tonetta Weaver Director | 5 | $0 | |
Jerri-Lynn Williams-Harper Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,693 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15,200 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,893 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,520 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,215 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,466 |
| Total expenses | $51,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,903 |
| Other assets | $0 |
| Total assets | $127,781 |
| Total liabilities | $51,201 |
| Net assets or fund balances | $76,580 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bread Of Life Ministries Of Albion has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Dr Samuel Shaheen Family Foundation Saginaw, MI PURPOSE: CONTRIBUTION | $500 |
Peer Organizations
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|---|---|---|
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |
National Church Residences Columbus, OH | $16,885,667 | $5,504,474 |
St Paul Center For Biblical Theology Steubenville, OH | $10,127,636 | $11,748,558 |
Truth And Tidings Gospel Trust U S A Canton, MI | $502,983 | $5,982,784 |
Jehovah-Jireh Foundation Inc Jeffersonville, IN | $48,262,098 | $3,821,165 |
Provident Ministries Ltd South Bend, IN | $1,633,793 | $5,569,454 |
St Michaels Media Inc Ferndale, MI | $1,094,863 | $4,871,476 |