The Bread Bakers Guild Of America
- Assets
- $697.5k
- Revenue
- $451.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Cranston, RI
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 25-1706251
Organization Overview
The Bread Bakers Guild Of America is located in Cranston, RI. The organization was established in 1994. As of 12/2022, Bread Bakers Guild Of America employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bread Bakers Guild Of America 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 12/2022, Bread Bakers Guild Of America generated $451.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $395.7k during the year ending 12/2022. While expenses have increased by 0.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION IN THE FIELD OF ARTISAN BAKING AND PRODUCTION OF HIGH QUALITY BREAD PRODUCTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MASTER CLASSES & SEMINARS - EDUCATIONAL OPPORTUNITIES FOR PROFESSIONAL ADVANCEMENT TAUGHT BY RECOGNIZED AUTHORITIES AND EXPERIENCED TEACHERS FROM AROUND THE WORLD.
NEWSLETTER - SOURCE OF EDUCATIONAL MATERIALS. FORUM FOR DISCUSSION OF ARTISAN BREAD BAKING ISSUES AND THE EXCHANGE OF INFORMATION. ISSUES MAILED OR EMAILED TO MEMBERS. BACK ISSUES AVAILABLE FOR SALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harmony Sage Fried Director | Trustee | 1 | $0 |
Carlos Ruiz Director | Trustee | 1 | $0 |
Edna Cochez Director | Trustee | 1 | $0 |
Kathyrn Goodpaster Director | Trustee | 1 | $0 |
Eugenia Theodosopoulos Chair | OfficerTrustee | 8 | $0 |
Nancy Carey Vice Chair | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $203,643 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,836 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $338,484 |
| Total Program Service Revenue | $110,606 |
| Investment income | $2,607 |
| 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 | $451,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,364 |
| Compensation of current officers, directors, key employees. | $19,009 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,357 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,426 |
| Payroll taxes | $0 |
| Fees for services: Management | $28,625 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,354 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,746 |
| Office expenses | $20,036 |
| Information technology | $14,693 |
| Royalties | $0 |
| Occupancy | $6,960 |
| Travel | $13,755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,202 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $861 |
| Insurance | $13,922 |
| All other expenses | $2,724 |
| Total functional expenses | $395,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $566,334 |
| Savings and temporary cash investments | $93,022 |
| Pledges and grants receivable | $22,580 |
| 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 | $2,273 |
| Prepaid expenses and deferred charges | $9,704 |
| Net Land, buildings, and equipment | $3,602 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $697,515 |
| Accounts payable and accrued expenses | $3,586 |
| Grants payable | $0 |
| Deferred revenue | $3,920 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,253 |
| Total liabilities | $10,759 |
| Net assets without donor restrictions | $634,727 |
| Net assets with donor restrictions | $52,029 |
| 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 | $697,515 |
Grants Awarded
Over the last fiscal year, The Bread Bakers Guild Of America has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BREAD LABWASHINGTON STATE UNIVERSITY PURPOSE: WHOLE GRAIN TESTING | $10,000 |
INTERGALACTIC BAKERS FEDERATION PURPOSE: EVENT SPONSORSHIP | $15,000 |