Laughing Bear Bakery is located in Rock Hill, MO. The organization was established in 2017. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Laughing Bear Bakery employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laughing Bear Bakery 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, Laughing Bear Bakery generated $333.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $118.9k during the year ending 12/2021. While expenses have increased by 21.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BAKERY IS A WORK-SKILLS REINTEGRATION PROGRAM FOR EX-OFFENDERS. THE GOAL OF THE PROGRAM IS TO OFFER AN EMPLOYMENT OPPORTUNITY TO EX-OFFENDERS ATTEMPTING TO TRANSITION BACK INTO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BAKERY EMPLOYS EX-OFFENDERS TO TRANSITION THEM BACK INTO THE COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karlene Mcallister Treasurer | Officer | 60 | $10,860 |
Christina Syberg Secretary | Officer | 5 | $0 |
Mike Gann President | Officer | 5 | $0 |
Teresa Bippen Vice-President | Officer | 5 | $0 |
Dee Gordon Director | Trustee | 5 | $0 |
James Satterfield Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $9,198 |
All other contributions, gifts, grants, and similar amounts not included above | $262,113 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $271,311 |
Total Program Service Revenue | $61,742 |
Investment income | $24 |
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 | $333,077 |
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 | $42,005 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,392 |
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 | $7,050 |
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 | $3,389 |
Insurance | $0 |
All other expenses | $11,095 |
Total functional expenses | $118,893 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,960 |
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 | $306,850 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $318,810 |
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 | $99,446 |
Total liabilities | $99,446 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $5,180 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $214,184 |
Total liabilities and net assets/fund balances | $318,810 |
Over the last fiscal year, we have identified 1 grants that Laughing Bear Bakery has recieved totaling $11,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,000 |
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