Our Daily Bread Of Bradenton Inc
- Assets
- $1.3m
- Revenue
- $424.4k
- Investments
- $0.0
- Employees
- 20
- Location
- Bradenton, FL
- Founding
- 04/1993
- Data as of
- 12/2023
- EIN
- 65-0374954
Organization Overview
Our Daily Bread Of Bradenton Inc is located in Bradenton, FL. The organization was established in 1993. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Our Daily Bread Of Bradenton Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Daily Bread Of Bradenton 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 12/2023, Our Daily Bread Of Bradenton Inc generated $424.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $422.0k during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR THE NUTRITIONAL NEEDS OF THE POOR IN OUR COMMUNITY IN THE CONTEXT OF COMPASSION AND AFFIRMATION OF THEIR WORTH AS CHILDREN OF GOD. WE HAVE TWO PROGRAMS A DAILY SOUP KITCHEN AND A TWICE WEEKLY FOOD PANTRY IN THE FORM OF A GROCERY STORE NAMED LOAVES & FISHES
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MAIN PROGRAM IS A LOCAL SOUP KITCHEN SERVING A HOT MIDDAY MEAL DAILY (7 DAYS PER WEEK) FROM 10:00AM TILL 11:30AM IN THE ONE STOP CENTER IN BRADENTON. WE SERVED 64,818 MEALS IN 2023. WE ARE A VOLUNTEER ORGANIZATION AND HAVE NO MANAGEMENT OR FUND-RAISING EXPENSES. LAST YEAR WE HAD 15,913 VOLUNTEER HOURS. WE HAVE ONLY A SMALL PART TIME PAID STAFF TO RUN THE KITCHEN AND PICKUP FOOD DONATIONS.
OUR FOOD PANTRY IS A GROCERY STORE WHERE CLIENTS CAN PICK ITEMS THEY WANT, WE ARE OPEN ON MONDAY AND FRIDAYS FROM 8:30AM TILL 11:00AM FOR FREE SHOPPING FOR RESIDENCE OF MANATEE COUNTY. OUT STORE HAS CANNED FOODS, PACKAGE ITEMS, FRESH PRODUCE AND FROZEN MEATS. WE HAD 13,351 SHOPPERS WITH 33,984 FAMILY MEMBERS BENEFITING FROM THIS PROGRAM LAST YEAR. WE HANDLE OVER A MILLION AND HALF POUNDS OF FOOD LAST YEAR FOR BOTH PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angie Vela Kitchen Manager | Officer | 35 | $44,548 |
Mark Mclaughlin President | OfficerTrustee | 5 | $0 |
Chris Brown Secy. | OfficerTrustee | 1 | $0 |
Robert Eikill Treasure | OfficerTrustee | 15 | $0 |
Barry Moffatt Vice President | OfficerTrustee | 1 | $0 |
Craig Mathew Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $381,156 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $381,156 |
| Total Program Service Revenue | $0 |
| Investment income | $42,654 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $455 |
| Net Gain/Loss on Asset Sales | $138 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $424,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,308 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,548 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $162,123 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,810 |
| 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 | $6,503 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,554 |
| 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 | $12,030 |
| Insurance | $4,539 |
| All other expenses | $3,473 |
| Total functional expenses | $421,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,478 |
| 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 | $278,162 |
| Investments—publicly traded securities | $749,857 |
| Investments—other securities | $0 |
| Investments—program-related | $130,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,268,497 |
| 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 | $0 |
| 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 | $1,268,497 |
| Total liabilities and net assets/fund balances | $1,268,497 |