Overview
What is Bread Of Life Inc?
Bread of Life Inc., located at 214 Commercial Street Suite 209, Malden, Massachusetts 02148, is a nonprofit organization dedicated to addressing food insecurity in the community. In 2022, they served approximately 55,500 meals, lunches, and snack meals to over 14,300 individuals, including families, senior citizens, people with disabilities, and homeless individuals. Their primary mission involves providing free meals through their Meals Program, Food Pantry, and Outreach Program. Beyond food, Bread of Life Inc. collaborates with local agencies to assist low-income individuals in obtaining housing, shelter, furniture, and counseling services. The organization employs a team of 19 individuals committed to their mission of alleviating food poverty and improving the lives of those in need.
Official website here: www.breadoflifemalden.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Bread of Life Inc has received an accountability and finance score of 82%, reflecting solid financial management and governance practices. The organization has a fully independent board, demonstrating strong oversight with no material diversion of assets. However, the absence of a whistleblower and document retention policy are noted limitations that might impact its overall governance framework.
User reviews highlight the warmth and welcoming nature of the community at Bread of Life. Many volunteers express their enjoyment and fulfillment in helping others, describing the environment as a family-like community where everyone is treated with respect. Clients served also commend the kindness of volunteers and the variety of food available, emphasizing the positive impact the organization has on those in need.
Overall, while Bread of Life Inc shows strong performance in financial accountability and community engagement, addressing its governance policy gaps could further enhance its credibility and effectiveness. The testimonials from volunteers and clients alike underline the organization's importance in fighting food insecurity and fostering community spirit.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Bread Of Life Inc legitimate?
Bread Of Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bread Of Life Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $352,644
For more financial information, click here
Official website here: www.breadoflifemalden.org
What is the mission statement of Bread Of Life Inc?
Bread of Life Inc is an organization dedicated to addressing food insecurity in its community. Its primary mission is to provide free meals to those in need, serving approximately 55,500 meals annually to over 14,300 individuals. In addition to its meals program, the organization collaborates with local agencies to assist low-income individuals in obtaining housing, shelter, furniture, and counseling services. Their mission extends beyond food, aiming to offer support and resources to help improve the living conditions and well-being of those who are economically disadvantaged.
Official website here: www.breadoflifemalden.org
Who is the CEO of Bread Of Life Inc?
Edwin Andrews is the President of Bread Of Life Inc.
Official website here: www.breadoflifemalden.org
What is the revenue of Bread Of Life Inc?
Bread Of Life Inc's revenue in 2022 was $3,020,253.
Official website here: www.breadoflifemalden.org
Who are the executives of Bread Of Life Inc and what are their salaries?
The average compensation at Bread Of Life Inc during 2022 was $18,560. There are 19 employees at Bread Of Life Inc.
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Official website here: www.breadoflifemalden.org
Where can I find the form 990 for Bread Of Life Inc?
Bread Of Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.breadoflifemalden.org
Learn more at the official website: www.breadoflifemalden.org
Mission Statement of Bread Of Life Inc
Bread of Life Inc, as a nonprofit organization, is dedicated to addressing food insecurity in its community. Its primary mission involves providing free meals to individuals in need, catering to a diverse population that includes working families, senior citizens, people with disabilities, and homeless individuals. Beyond offering nutritious meals, Bread of Life Inc also collaborates with local agencies to assist low-income individuals in obtaining housing, shelter, furniture, and counseling services. This multifaceted approach aims to holistically address the various challenges faced by food-insecure residents, providing them with the necessary resources to improve their living conditions and overall well-being. In 2022, Bread of Life Inc served approximately 55,500 meals, demonstrating its commitment to feeding and supporting its community.
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Impact
October, 2024
Bread Of Life Inc has made a significant impact on the Malden community by addressing food insecurity among its residents. In 2022, the organization provided approximately 55,500 evening meals, lunches, and snack meals to around 14,300 individuals, including working families, senior citizens, people with disabilities, and homeless individuals. This extensive outreach ensures that those in need have access to nutritious meals, which is essential for their well-being.
In addition to its meals program, Bread Of Life Inc collaborates with local agencies to support low-income individuals in obtaining essential services such as housing, shelter, furniture, and counseling. This holistic approach not only alleviates immediate hunger but also empowers residents to improve their overall quality of life. Through its efforts, Bread Of Life Inc plays a crucial role in fostering a stronger, more supportive community in Malden.
This information is meant to be a general summary of Bread Of Life Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $3,020,253
Assets and Liabilities:
- Total Assets: $5,804,600
- Total Liabilities: $93,907
- Net Assets: $5,710,693
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Organization Details
Founding Year
1992
Phone
(781) 397-0404Principal Officer
Edwin Andrews
Main Address
214 COMMERCIAL ST SUITE 209, MALDEN, MA, 021486712
Website
www.breadoflifemalden.orgNTEE Category
Code: X99Z - Religion related
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