Bread Of Life
- Assets
- $13.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clarksdale, MS
- Founding
- 06/2000
- Data as of
- 12/2023
- EIN
- 64-0922644
Organization Overview
Bread Of Life is located in Clarksdale, MS. The organization was established in 2000. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bread Of Life 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 12/2023, Bread Of Life generated $1.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (56.8%) each year. All expenses for the organization totaled $392.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (62.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Wiley President | 10 | $0 | |
Cassandra Ellerson Vice President | 5 | $0 | |
Norvell Gooden Treasurer | 5 | $0 | |
Alfred Allen Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,784 |
| 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 | $1,784 |
| 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 | $392 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $392 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,863 |
| Other assets | $0 |
| Total assets | $13,863 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,863 |