Bread Line Inc
- Assets
- $1.5m
- Revenue
- $847.0k
- Investments
- $0.0
- Employees
- 11
- Location
- Fairbanks, AK
- Founding
- 04/1989
- Data as of
- 12/2023
- EIN
- 92-0111082
Organization Overview
Bread Line Inc is located in Fairbanks, AK. The organization was established in 1989. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Bread Line Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bread Line 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, Bread Line Inc generated $847.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $638.2k during the year ending 12/2023. While expenses have increased by 7.3% per year over the past 9 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
FEEDING PEOPLE & AFFIRMING LIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE BREAD LINE SERVED 59,581 MEALS FROM ITS DOWNTOWN SOUP KITCHEN, THE STONE SOUP CAFE- AN ASTONISHING 25% INCREASE OVER THE YEAR PRIOR. TO HELP MEET THIS NEED, THE BREAD LINE RECEIVED 65,067 POUNDS OF LOCALLY DONATED FOOD. MUCH OF THIS FOOD CAME FROM THE FAIRBANKS COMMUNITY FOOD BANK AND THE FAIRBANKS MEMORIAL HOSPITAL AS WELL AS THE ONGOING GENEROSITY OF INDIVIDUAL DONORS FROM THE FAIRBANKS COMMUNITY. THE BREAD LINE ALSO SUPPLEMENTS DAILY FOOD NEEDS BY GROWING PRODUCE IN ITS DOWNTOWN COMMUNITY GARDEN DURING THE SUMMER MONTHS. THE STONE SOUP CAFE GIVES OUT FREE, CHEF-PREPARED MEALS FIVE DAYS A WEEK, EVERY WEEK OF THE YEAR, REGARDLESS OF HOLIDAY OR INCLEMENT WEATHER. IN 2023, VOLUNTEERS PUT IN 2,731 HOURS OF THEIR TIME TO MAKE SURE THE BREAD LINE MET ITS MISSION OF "FEEDING PEOPLE & AFFIRMING LIVES."THE STONE SOUP COMMUNITY GARDEN AGAIN MET ITS ROLLING GOAL OF GROWING ENOUGH FOOD TO PROVIDE NUTRITIOUS, LOCALLY GROWN PRODUCE TO SHARE WITH FOOD INSECURE FAIRBANKS RESIDENTS & OTHER LOCAL NONPROFITS - INCLUDING MEALS ON WHEELS & SEVERAL DOWNTOWN ASSISTED LIVING FACILITIES - ON TOP OF THE BREAD LINE'S OWN ANTI-HUNGER PROGRAMS. WITH THE HELP OF THE FOLK SCHOOL, THE GARDEN ALSO WAS ABLE TO BUILD A HALF DOZEN NEW BEDS, TO EXPAND INTO DURING THE 2024 SEASON.
STONE'S THROW, THE BREAD LINE'S CULINARY JOB TRAINING PROGRAM, LAUNCHED A NEW ADULT CLASS IN 2023. IT WAS WELL-ATTENDED & THE STUDENTS HAD 100% EMPLOYMENT POST-GRADUATION. THIS NEW FOUR-WEEK FALL BAKING PROGRAM IS IN ADDITION TO THE REGULAR EIGHT-WEEK SPRING PROGRAM. STONE'S THROW ALSO TAUGHT CULINARY ARTS INSIDE BOTH THE DETENTION & TREATMENT WINGS OF THE FAIRBANKS YOUTH FACILITY AS WELL AS HOSTING A WINTER HOLIDAY BANQUET WITH THE INCARCERATED YOUTH & THEIR FAMILIES. IN THE SUMMER, STONE'S THROW CHEFS GAVE CULINARY INSTRUCTION WITH CALYPSO FARM'S "COMMUNITY ROOTS" YOUTH JOB TRAINING PROGRAM. THEY ALSO PROVIDED MONTHLY COOKING DEMONSTRATIONS AT ONE LOCAL FARMERS' MARKET & COOKED MONTHLY FREE COMMUNITY MEALS AT ANOTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Case Co-Chair | OfficerTrustee | 2 | $0 |
Karen Lane Secretary | OfficerTrustee | 2 | $0 |
Ileane Polis Board Member | Trustee | 1 | $0 |
Kristina Miller Board Member | Trustee | 1 | $0 |
Carla Baker Board Member | Trustee | 1 | $0 |
Jennifer Redmond Treasurer | OfficerTrustee | 2 | $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 | $721,478 |
| Noncash contributions included in lines 1a–1f | $65,067 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $721,478 |
| Total Program Service Revenue | $129,610 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,079 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $847,009 |
| 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. | $73,546 |
| Compensation of current officers, directors, key employees. | $58,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $250,527 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,951 |
| 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 | $19,831 |
| Advertising and promotion | $2,805 |
| Office expenses | $5,682 |
| Information technology | $400 |
| Royalties | $0 |
| Occupancy | $54,844 |
| Travel | $5 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,475 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,658 |
| Insurance | $11,148 |
| All other expenses | $22,858 |
| Total functional expenses | $638,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $897,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $126,063 |
| 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 | $885 |
| Net Land, buildings, and equipment | $508,471 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,532,466 |
| Accounts payable and accrued expenses | $11,135 |
| 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 | $37,850 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,985 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,012,860 |
| Paid-in or capital surplus, or land, building, or equipment fund | $470,621 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,532,466 |