Daily Bread Inc is located in Melbourne, FL. The organization was established in 1988. According to its NTEE Classification (K34) the organization is classified as: Congregate Meals, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Daily Bread Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daily Bread 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 Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 16.4% 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
DAILY BREAD'S VISION IS TO ASSSIT COMMUNITIES TO COME TOGETHER TO FACE HUNGER AND HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING SUPPORT
FRESH START PROGRAM
DAILY MEAL PROGRAM / FOOD PANTRY - 36,417 MEALS WERE SERVED DURING THE YEAR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Njus Executive Director | OfficerTrustee | 40 | $71,692 |
Karen Strasko Treasurer | OfficerTrustee | 3 | $0 |
Neal Driscoll President | OfficerTrustee | 3 | $0 |
Victoria Follette Secretary | OfficerTrustee | 3 | $0 |
Kristie Utzler Director | Trustee | 0.5 | $0 |
Polly Anderberg Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $717,814 |
All other contributions, gifts, grants, and similar amounts not included above | $1,272,931 |
Noncash contributions included in lines 1a–1f | $420,766 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,990,745 |
Total Program Service Revenue | $0 |
Investment income | $2,625 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $37,525 |
Net Gain/Loss on Asset Sales | $692 |
Net Income from Fundraising Events | $43,126 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,074,713 |
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. | $72,068 |
Compensation of current officers, directors, key employees. | $36,034 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $570,607 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,407 |
Payroll taxes | $48,487 |
Fees for services: Management | $0 |
Fees for services: Legal | $100 |
Fees for services: Accounting | $8,974 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,719 |
Fees for services: Other | $10,200 |
Advertising and promotion | $1,637 |
Office expenses | $16,170 |
Information technology | $17,918 |
Royalties | $0 |
Occupancy | $86,789 |
Travel | $18,779 |
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 | $70,527 |
Insurance | $40,172 |
All other expenses | $6,082 |
Total functional expenses | $2,185,988 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $291,548 |
Savings and temporary cash investments | $145,771 |
Pledges and grants receivable | $91,700 |
Accounts receivable, net | $17,840 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $146,275 |
Prepaid expenses and deferred charges | $7,585 |
Net Land, buildings, and equipment | $1,877,221 |
Investments—publicly traded securities | $374,172 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,952,112 |
Accounts payable and accrued expenses | $47,676 |
Grants payable | $0 |
Deferred revenue | $17,840 |
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 | $65,516 |
Net assets without donor restrictions | $2,886,596 |
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 | $2,952,112 |
Over the last fiscal year, we have identified 1 grants that Daily Bread Inc has recieved totaling $5,300.
Awarding Organization | Amount |
---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $5,300 |
Beg. Balance | $315,582 |
Earnings | $34,490 |
Net Contributions | $24,100 |
Ending Balance | $374,172 |
Organization Name | Assets | Revenue |
---|---|---|
Boca Helping Hands Inc Boca Raton, FL | $9,053,679 | $9,377,916 |
Supportive Nutritional Aid Program Fayetteville, GA | $357,532 | $3,313,434 |
Daily Bread Inc Melbourne, FL | $2,952,112 | $2,074,713 |
Kikstart Inc Bessemer, AL | $1,758,798 | $1,758,798 |
Meals On Wheels Of Sarasota Inc Sarasota, FL | $3,061,006 | $1,470,219 |
Loaves And Fishes Soup Kitchen Inc Pensacola, FL | $2,072,246 | $1,071,466 |
Our Fathers House Soup Kitchen Inc Pompano Beach, FL | $1,170,672 | $1,322,026 |
The Soup Kitchen Inc Boynton Beach, FL | $3,872,183 | $1,518,164 |
Manufactures Agents For Food Service Industry Atlanta, GA | $1,695,220 | $746,136 |
Quality Living Services Inc Atlanta, GA | $1,083,454 | $764,568 |
Community Kitchens Of Birmingham Birmingham, AL | $328,446 | $340,036 |
Community Soup Bowl Inc Tuscaloosa, AL | $526,361 | $342,453 |