Bread Upon The Waters
- Assets
- $81.0k
- Revenue
- $359.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Burkeville, TX
- Founding
- Data as of
- 12/2022
- EIN
- 27-3019505
Organization Overview
Bread Upon The Waters, operating under the name Butw, is located in Burkeville, TX. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Butw 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, Butw generated $359.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $299.9k during the year ending 12/2022. While expenses have increased by 22.1% per year over the past 4 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
BUTW SENDS SUPPORT TO IMPOVERISHED CHRISTIANS IN THE PHILIPPINES. WE ASSIST WITH MEDICAL AID, FUNERAL EXPENSES, HOUSING, BALAKBAYAN BOXES (CARE PACKAGES OF FOOD & CLOTHING), BIBLES, SONG BOOKS, AND OTHER BASIC NEEDS. WE ALSO SUPPORT GOSPEL PREACHERS WHOSE CHURCHES CANNOT SUPPORT THEM AND THEIR FAMILIES. WE ARE CONCERNED INDIVIDUALS SEEKING TO ORGANIZE OUR EFFORTS SO THAT OTHERS CONCERNED MAY JOIN US IN RELIEVING IMPOVERISHED CHRISTIANS IN FOREIGN COUNRIES WHERE POVERTY IS MOST PREVALENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THESE FUNDS WERE USED TO HELP IMPOVERISHED CHRISTIANS WHO WERE EFFECTED BY MAJOR EARTHQUAKES, FLOODS, AND A TYPHOON. THESE FUNDS HELP WITH TEMPORARY SHELTERS, HOME REPAIRS,AND BUILDING NEW HOMES. THIS AMOUNT DOES NOT INCLUDE FEES THAT WERE APPROVED BY DONORS TO BE USED TO SEND THESE FINANCIAL DISTRIBUTIONS.
THESE FUNDS HELPED IMPOVERISHED CHRISTIANS IN EAST ASIA AND THE PHILIPPINES AND INCLUDE:FEES APPROVED BY DONORS TO BE USED TO SEND FINANCIAL DISTRIBUTIONS, FINANCIAL ASSISTANCE TO WIDOWS,CARE PACKAGES FOR PASTORS, FOOD FOR VICTIMS, FUNERAL COSTS FOR DEATHS OF CHRISTIANS, HOUSING REPAIRS FOR REASONS OTHER THAN NATURAL DISASTERS BY EARTHQUAKE, FLOOD, AND TYPHOON.
THESE FUNDS ARE USED TO SEND FINANCIAL SUPPORT TO ASSIST EVANGELISTS WITH FAMILIES FOR THE CHURCHES OF CHRIST WHOSE IMPOVERISHED CHURCHES DO NOT HAVE FUNDS TO SUPPORT THEM. THESE EVANGELISTS DO NOT RECEIVE FINANCIAL SUPPORT FROM ANY PERSON(S)OR ANY ORGANIZATION(S). THESE EVANGELISTS HAVE BEEN VETTED THROUGH A NETWORK OF INDIVIDUALS IN THE PHILIPPINES AND USA IN WHOM BUTW HAS PUT ITS TRUST. THIS AMOUNT DOES NOT INCLUDE FEES THAT WERE APPROVED BY DONORS TO BE USED TO SEND THESE FINANCIAL DISTRIBUTIONS.
THESE FUNDS WERE USED TO SEND FINANCIAL SUPPORT TO ASSIST CHRISTIAN AND CHILDREN WITH MEDICAL NEEDS SUCH AS SURGERIES, MEDICATIONS, DOCTOR VISITS, AND OTHER MEDICAL NEEDS. THIS AMOUNT DOES NOT INCLUDE FEES THAT WERE APPROVED BY DONORS TO BE USED TO SEND THESE FINANCIAL DISTRIBUTIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael P Glaesemann President | OfficerTrustee | 2 | $0 |
Sarah E Glaesemann Vice Preside | OfficerTrustee | 1 | $0 |
Donna Glaesemann Treasurer/se | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $359,406 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,406 |
| 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 | $359,406 |
| 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 | $296,953 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,913 |
| Total functional expenses | $299,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,013 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $81,013 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $81,013 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $81,013 |