Overview
What is Daily Bread Community Food Pantry Inc?
Daily Bread Community Food Pantry Inc is a nonprofit organization situated in Schwenksville, Pennsylvania. Their primary objective is to combat hunger in the Perkiomen area by offering support programs that not only provide food but also advocate for nutrition, foster self-sufficiency, and instill hope. Through these initiatives, they aim to ensure that food relief has a meaningful and lasting impact on the community's residents in need. The organization operates with a small team of one dedicated employee, demonstrating a commendable commitment to their mission.
Official website here: www.dailybreadcommunityfoodpantry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Daily Bread Community Food Pantry Inc has received an 81% score from Charity Navigator, which translates to a Three-Star rating. This rating is based solely on the organization's Accountability and Finance metrics, indicating a strong focus on responsible financial practices and transparency. The nonprofit has demonstrated solid governance with 83% of its board members being independent, which enhances its accountability.
The organization displays excellent management of its financial resources, with a very low liabilities to assets ratio of 0.00%, showcasing its commitment to fiscal responsibility. Moreover, Daily Bread effectively utilizes its funds, with a program expense ratio of 93.64%, suggesting that a significant majority of its expenditures are directed toward its mission-related activities rather than administrative costs.
While the charity shows strong performance in various accountability measures, the single-beacon scoring approach means that areas such as fundraising and impact metrics are not highlighted in its rating. Nonetheless, the comprehensive policies in place, including conflict of interest and whistleblower policies, further indicate a robust governance structure which can foster trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Daily Bread Community Food Pantry Inc legitimate?
Daily Bread Community Food Pantry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daily Bread Community Food Pantry 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:
Executive Compensation: $33,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dailybreadcommunityfoodpantry.org
What is the mission statement of Daily Bread Community Food Pantry Inc?
The Daily Bread Community Food Pantry Inc's mission is centered around alleviating hunger in a specific area. They achieve this by offering programs that not only provide food but also emphasize the importance of nutrition. Furthermore, they aim to boost self-sufficiency and instill hope among the residents in need. By doing so, their goal is to ensure that the impact of food relief is meaningful and long-lasting. Overall, the organization's mission is to combat hunger in a holistic manner, addressing both immediate needs and promoting long-term self-sufficiency.
Official website here: www.dailybreadcommunityfoodpantry.org
Who is the CEO of Daily Bread Community Food Pantry Inc?
Loretta Stever is the Executive Di of Daily Bread Community Food Pantry Inc.
Official website here: www.dailybreadcommunityfoodpantry.org
What is the revenue of Daily Bread Community Food Pantry Inc?
Daily Bread Community Food Pantry Inc's revenue in 2022 was $1,768,827.
Official website here: www.dailybreadcommunityfoodpantry.org
Who are the executives of Daily Bread Community Food Pantry Inc and what are their salaries?
The average compensation at Daily Bread Community Food Pantry Inc during 2022 was $33,000. There is 1 employee and 745 volunteers at Daily Bread Community Food Pantry Inc.
Here are 7 key members and their salaries:
- Compensation: $33,000
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- Other: $0
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- Other: $0
Official website here: www.dailybreadcommunityfoodpantry.org
Where can I find the form 990 for Daily Bread Community Food Pantry Inc?
Daily Bread Community Food Pantry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dailybreadcommunityfoodpantry.org
Learn more at the official website: www.dailybreadcommunityfoodpantry.org
Mission Statement of Daily Bread Community Food Pantry Inc
Daily Bread Community Food Pantry Inc is committed to eradicating hunger in the Perkiomen area. They accomplish this by offering programs that not only provide food but also emphasize the importance of nutrition, foster self-sufficiency, and instill hope. By doing so, the Daily Bread Community Food Pantry ensures that food relief has a more profound and lasting impact on the lives of those in need. The organization's mission is to create a meaningful and enduring difference in the community by addressing hunger in a holistic manner, going beyond just providing food relief.
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Impact
July, 2024
Daily Bread Community Food Pantry Inc's impact is significant in the Perkiomen area as it works tirelessly to eliminate hunger by providing residents in need with essential food programs. By promoting the value of nutrition, increasing self-sufficiency, and instilling hope, this organization ensures that food relief has a meaningful and enduring impact on the community. Through their dedicated efforts, Daily Bread Community Food Pantry Inc plays a vital role in addressing food insecurity and making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Daily Bread Community Food Pantry 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.
- Investment Income: $11,414
- Gross Receipts: $1,768,827
Assets and Liabilities:
- Total Assets: $3,883,653
- Total Liabilities: $0
- Net Assets: $3,883,653
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Organization Details
Founding Year
2014
Phone
(610) 489-5540Principal Officer
Loretta Stever
Main Address
PO BOX 131, SCHWENKSVILLE, PA, 19473
NTEE Category
Code: K31 - Food
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