Overview
What is Lynchburg Daily Bread Inc?
Lynchburg Daily Bread Inc is a compassionate nonprofit organization situated in Lynchburg, dedicated to addressing food insecurity. Their primary mission is to offer nourishing noon meals to individuals in need, irrespective of their race, age, or gender. They uphold the belief that everyone deserves access to nutritious food and operate without discrimination. Their activities are centered around this objective, providing meals as a crucial aspect of their service.
Official website here: www.lynchburgdailybread.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Lynchburg Daily Bread Inc has received a commendable Four-Star rating from Charity Navigator, indicating high accountability and financial health. With an impressive Accountability & Finance score of 96, the organization demonstrates strong oversight, including a fully independent board of 18 members and comprehensive policies for conflict of interest and whistleblower protection.
The organization excels in its program expense ratio, maintaining 86.65% of its expenses directed toward programs, which signifies a strong commitment to its mission. Additionally, the absence of material diversion of assets further reflects financial integrity. However, while the charity scores well in many areas, it is worth noting that its tax form is not posted on its website, which could affect transparency.
Overall, Lynchburg Daily Bread Inc showcases solid governance and financial practices, ensuring that funds are effectively used to support its community initiatives. The organization has room for improvement in public transparency, particularly regarding its tax documentation, but its overall performance is highly regarded.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lynchburg Daily Bread Inc?
96% of reviewers on Facebook recommend Lynchburg Daily Bread Inc, highlighting a strong sense of community and commitment. Many comments express appreciation for the organization's impact, with one reviewer noting, "Great people, doing great things, in a great place!" This sentiment underscores the positive atmosphere and the fulfilling nature of the nonprofit’s operations.
Overall, community members feel fortunate to be involved with Lynchburg Daily Bread, emphasizing the organization's effectiveness in addressing local needs and making a difference. The emphasis on being blessed to participate speaks volumes about the connection between the organization and its supporters.
In summary, the overwhelming consensus reflects that Lynchburg Daily Bread Inc is not only valued but also trusted in its mission and initiatives. The positive engagement showcases the charity's ability to resonate with people, demonstrating that it is truly fulfilling its purpose within the community.
This AI summary has been generated from reviews found on Facebook.
Is Lynchburg Daily Bread Inc legitimate?
Lynchburg Daily Bread Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynchburg Daily Bread 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: $478,276
For more financial information, click here
Official website here: www.lynchburgdailybread.com
What is the mission statement of Lynchburg Daily Bread Inc?
Lynchburg Daily Bread Inc., a charitable organization, is committed to serving the needy by providing them with noon meals. This service is offered without any discrimination based on factors such as race, age, or gender. The organization's primary mission is centered around providing food for those in need, demonstrating a strong commitment to alleviating hunger and promoting food security. By offering these meals, Lynchburg Daily Bread Inc. aims to contribute positively to the well-being of its community.
Official website here: www.lynchburgdailybread.com
Who is the CEO of Lynchburg Daily Bread Inc?
Bill Austin is the President of Lynchburg Daily Bread Inc.
Official website here: www.lynchburgdailybread.com
What is the revenue of Lynchburg Daily Bread Inc?
Lynchburg Daily Bread Inc's revenue in 2023 was $1,053,716.
Official website here: www.lynchburgdailybread.com
Who are the executives of Lynchburg Daily Bread Inc and what are their salaries?
The average compensation at Lynchburg Daily Bread Inc during 2023 was $17,714. There are 27 employees and 1160 volunteers at Lynchburg Daily Bread Inc.
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Official website here: www.lynchburgdailybread.com
Where can I find the form 990 for Lynchburg Daily Bread Inc?
Lynchburg Daily Bread Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lynchburgdailybread.com
Learn more at the official website: www.lynchburgdailybread.com
Mission Statement of Lynchburg Daily Bread Inc
Lynchburg Daily Bread Inc, a nonprofit organization, is dedicated to providing nourishment for individuals in need. With a mission that transcends race, age, and gender, this organization serves noon meals to anyone who requires assistance. The primary objective of Lynchburg Daily Bread Inc is to fulfill the basic necessity of food for those who are struggling, thereby playing a significant role in their daily lives. By offering these meals without any restrictions, the organization demonstrates its commitment to ensuring everyone has access to adequate nutrition.
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Impact
July, 2024
Lynchburg Daily Bread Inc plays a crucial role in providing food for the needy in Lynchburg, Virginia. By offering noon meals without restrictions based on race, age, or gender, the organization ensures that all individuals facing food insecurity have access to nourishing meals. This helps alleviate hunger in the community and provides essential support to those in need. Through their dedicated efforts, Lynchburg Daily Bread Inc makes a tangible impact on the lives of individuals struggling with food insecurity.
This information is meant to be a general summary of Lynchburg Daily Bread 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 2023.
- Investment Income: $13,960
- Gross Receipts: $1,391,027
Assets and Liabilities:
- Total Assets: $2,272,932
- Total Liabilities: $4,934
- Net Assets: $2,267,998
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Organization Details
Founding Year
1992
Phone
(434) 845-5703Principal Officer
Bill Austin
Main Address
721 CLAY STREET, LYNCHBURG, VA, 24504
Website
www.lynchburgdailybread.comNTEE Category
Code: K30 - Food
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