Sweet Bread Ministries Inc
- Assets
- $130.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Rudolph, WI
- Founding
- 06/2008
- Data as of
- 12/2022
- 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 12/2022, Sweet Bread Ministries Inc generated $190.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $268.5k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR PRIMARY PURPOSE IS RELIGIOUS AND CHARITABLE
Describe the Organization's Program Activity:
Part 3
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.
OTHER PROGRAM SERVICES
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Van Natta President Director Minister | 60 | $38,000 | |
Ryan Clark Director | 1 | $0 | |
Bruce Carlson Secretarydirector | 5 | $0 | |
Lori Van Natta Office Manager | 40 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,560 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,560 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $131,499 |
| Professional fees and other payments to independent contractors | $4,811 |
| Occupancy, rent, utilities, and maintenance | $14,427 |
| Printing, publications, postage, and shipping | $2,459 |
| Other expenses | $49,834 |
| Total expenses | $268,457 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,138 |
| Other assets | $0 |
| Total assets | $130,052 |
| Total liabilities | $114,970 |
| Net assets or fund balances | $15,082 |
Grants Awarded
Over the last fiscal year, Sweet Bread Ministries Inc has awarded $49,800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WORKD WIDE HEART TO HEART PURPOSE: HELP FUND SCHOOL AND ORPHANAGE | $44,300 |
ADULLAM HOUSE PURPOSE: HELP FUND SCHOOL AND ORPHANAGE | $5,500 |