Sweet Bread Ministries Inc
- Assets
- $164.9k
- Revenue
- $217.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Rudolph, WI
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 26-0786818
Organization Overview
Sweet Bread Ministries Inc is located in Rudolph, WI. The organization was established in 2008. 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. Sweet Bread Ministries 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, Sweet Bread Ministries Inc generated $217.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $206.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR PRIMARY PURPOSE IS RELIGIOUS AND CHARITABLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PREACHED AND TAUGHT THE GOSPEL TO APROXIMENTLY 3000 PEOPLE IN PERSON AT 41 RELIGIOUS GATHERINGS HELD IN CHURCHES AND OTHER LOCATIONS. WE WERE ALSO ON RADIO AND TV PROGRAMS THAT REACHED TENS OF THOUSANDS OF PEOPLE. THIS YEAR WE ALSO HAD ZOOM MEETINGS THAT WERE INTERNATIONAL, REACHING THOUSANDS OF PEOPLE. WE PRAY FOR PEOPLE OVER THE PHONE, THROUGH EMAIL AND SOCIAL MEDIA FROM REQUEST THAT ARE SENT IN DAILY.
WE HELPED TO FUND THE BUILDING AND REPAIR COST OF SCHOOLS, ORPHANAGES AND CHURCHES WE WORK WITH. IN ADDITION, SOME OF THE MONEY SENT TO THESE ORGANIZATIONS IS USED FOR THE OPERATING COST OF THESE FACILITIES, SUCH AS FOOD AND CLOTHING FOR THE ORPHANS, TEACHERS SALARIES FOR THE SCHOOLS, UTILITY COST, ECT. THIS YEAR ALSO INCLUDED A FEEDING PROGRAM BEACAUSE OF THE COVID PANDEMIC
WE DONATED RELIGIOUS BOOKS TO PEOPLE IN JAILS AND PRISIONS OR TO ANYONE ELSE WHO WANTED THEM AROUND THE COUNTRY. SOME ARE SENT TO ORGANIZATIONS WHO DISTIBUTE THE BOOKS FOR US TO THE VARIOUS PRISONS AND JAILS AND SOME ARE SENT DIRECTLY TO THE INDIVIDUALS WHO ASK.
OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Van Natta President Director Minister | OfficerTrustee | 60 | $38,000 |
Bruce Carlson Secretarydirector | OfficerTrustee | 5 | $0 |
Ryan Clark Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $217,209 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,209 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $217,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,901 |
| Grants and other assistance to domestic individuals. | $14,340 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,661 |
| Compensation of current officers, directors, key employees. | $24,661 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,800 |
| Advertising and promotion | $98 |
| Office expenses | $6,738 |
| Information technology | $3,198 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,634 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $150 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $206,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $11,523 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $164,862 |
| Accounts payable and accrued expenses | $30,634 |
| Grants payable | $100,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $130,634 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $11,523 |
| Retained earnings, endowment, accumulated income, or other funds | $22,705 |
| Total liabilities and net assets/fund balances | $164,862 |
Grants Awarded
Over the last fiscal year, Sweet Bread Ministries Inc has awarded $149,400 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Clackamas, OR PURPOSE: HELP FUND SCHOOL AND ORPHANAGE | $44,300 |
Clackamas, OR PURPOSE: HELP FUND SCHOOL AND ORPHANAGE | $44,300 |
Clackamas, OR PURPOSE: HELP FUND SCHOOL AND ORPHANAGE | $44,300 |
Wetumpka, AL PURPOSE: HELP FUND SCHOOL AND ORPHANAGE | $5,500 |
Wetumpka, AL PURPOSE: HELP FUND SCHOOL AND ORPHANAGE | $5,500 |
Wetumpka, AL PURPOSE: HELP FUND SCHOOL AND ORPHANAGE | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sweet Bread Ministries Inc has recieved totaling $600.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barnabas Foundation Crete, IL | $428,082,293 | $83,271,055 |
Rbc Ministries Grand Rapids, MI | $21,687,815 | $61,139,442 |
Home And Away Ministries North Branch, MN | $25,723,249 | $42,419,971 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Loaves And Fishes Too Minneapolis, MN | $3,481,660 | $16,298,899 |
Pulse Outreach Minneapolis, MN | $16,852,358 | $21,090,149 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Christian Buehler Memorial Peoria, IL | $194,168,877 | $24,390,628 |
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |