Daily Bread Of Lenawee Inc
- Assets
- $325.8k
- Revenue
- $167.4k
- Investments
- $59.2k
- Employees
- 0
- Location
- Adrian, MI
- Founding
- 10/2000
- Data as of
- 12/2021
- EIN
- 38-3531414
Organization Overview
Daily Bread Of Lenawee Inc is located in Adrian, MI. The organization was established in 2000. According to its NTEE Classification (K35) the organization is classified as: Soup Kitchens, 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 Of Lenawee 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, Daily Bread Of Lenawee Inc generated $167.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $152.2k during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE DAILY BREAD IS TO PROVIDE A SOUP KITCHEN TO FEED THE POOR, HOMELESS AND ELDERLY IN THE CITY OF ADRIAN AND LENAWEE COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAILY BREAD OF LENAWEE COUNTY WAS ORGANIZED TO PROVIDE A SOUP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vince Brainerd President | Officer | 1 | $0 |
Bill Southard Vice President | Officer | 1 | $0 |
Tom Lewis Treasurer | Officer | 1 | $0 |
Elizabeth Risi Secretary | Officer | 1 | $0 |
Dave Mehan Director | Trustee | 0 | $0 |
Linda Garcia Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,470 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $157,003 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,473 |
| Total Program Service Revenue | $0 |
| Investment income | $8,953 |
| 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 | $167,426 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,990 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,722 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $409 |
| Office expenses | $2,203 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,477 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $469 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,310 |
| Insurance | $4,752 |
| All other expenses | $0 |
| Total functional expenses | $152,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,006 |
| Savings and temporary cash investments | $21,053 |
| 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 | $64,491 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $59,207 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $325,757 |
| Accounts payable and accrued expenses | $31 |
| 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 | $31 |
| Net assets without donor restrictions | $265,551 |
| Net assets with donor restrictions | $60,175 |
| 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 | $325,757 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Daily Bread Of Lenawee Inc has recieved totaling $15,841.
| Awarding Organization | Amount |
|---|---|
Lenawee Community Foundation Adrian, MI PURPOSE: OPERATIONS | $9,768 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Endowment Analysis
| Beg. Balance | $51,625 |
| Earnings | $7,582 |
| Ending Balance | $59,207 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid City Nutrition Program Port Huron, MI | $1,373,556 | $1,057,973 |
Can-Do Kitchen Kalamazoo, MI | $549,959 | $520,919 |
Isabella Community Soup Kitchen Mt Pleasant, MI | $1,149,479 | $498,042 |
Kenneth Butler Memorial Soup Kitchen Inc Greenfield, IN | $668,551 | $248,330 |
The Downtown Soup Kitchen South Bend, IN | $0 | $0 |
Springfield Soup Kitchen Springfield, OH | $359,930 | $265,711 |
Lebanon Community Of Shalom Incorporated Lebanon, IN | $325,581 | $250,570 |
Euclid Hunger Task Force Euclid, OH | $305,842 | $308,459 |
Daily Bread Of Lenawee Inc Adrian, MI | $325,757 | $167,426 |
Saint Patrick Soup Kitchen Troy, OH | $959,054 | $157,131 |
Table One Ministries Kenton, OH | $181,130 | $0 |
Cortland Area Cares Inc Cortland, OH | $85,535 | $0 |