Daily Bread is located in Leominster, MA. The organization was established in 2009. According to its NTEE Classification (K34) the organization is classified as: Congregate Meals, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daily Bread 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, Daily Bread generated $3.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $2.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) 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
PROVIDE MEALS FOR NEEDY INDIVIDUALS IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Remie El Hayek Director | 3 | $0 | |
Kevin Hazelton President | 6 | $0 | |
Steve Creamer Director | 3 | $0 | |
Michael Sireci Treasurer | 6 | $0 | |
Wendy Creamer Secretary | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,770 |
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 | $3,770 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,792 |
Total expenses | $2,792 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,658 |
Other assets | $0 |
Total assets | $19,658 |
Total liabilities | $0 |
Net assets or fund balances | $19,658 |
Over the last fiscal year, we have identified 1 grants that Daily Bread has recieved totaling $50,000.
Awarding Organization | Amount |
---|---|
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA PURPOSE: FOOD BANK FINANCIAL ASSISTANCE | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Hope Community Services Inc New Rochelle, NY | $1,813,218 | $5,554,210 |
Masbia Brooklyn, NY | $90,042 | $3,288,592 |
Nashua Soup Kitchen And Shelter Incorporated Nashua, NH | $5,555,828 | $4,097,560 |
The Cornerstone Foundation Incorporated Rockville, CT | $575,546 | $2,312,347 |
Open Table Inc Concord, MA | $2,972,158 | $2,292,194 |
Project Hand Up West Warwick, RI | $430,747 | $1,167,086 |
Downtown Evening Soup Kitchen Inc New Haven, CT | $2,319,991 | $1,320,959 |
Community Soup Kitchen Inc New Haven, CT | $923,685 | $836,544 |
Housing Works Food Services Corp Brooklyn, NY | $15,011 | $536,896 |
Ezras Cholim Yad Ephraim Inc Brooklyn, NY | $1,340,265 | $1,257,643 |
The Friendly Kitchen Inc Concord, NH | $2,040,383 | $711,700 |
St Susan Center Inc Jamestown, NY | $935,845 | $571,823 |