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Daily Bread Ministries Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742863470 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

Overview

What is Daily Bread Ministries Inc?

Daily Bread Ministries Inc, based in San Antonio, Texas, is a nonprofit organization committed to addressing poverty. In 2022 alone, they distributed over 8.1 million dollars' worth of food and served a total of 69,936 individuals through various community and ministry partners. Moreover, Daily Bread Ministries witnessed 1,861 salvations and provided training in poverty alleviation to 104 pastors and ministry leaders. Their primary mission is to equip faith-based organizations with resources to operate food pantries and provide training addressing the root causes of poverty. Their work aims to lift people out of poverty, providing free food and resources to those in need. In summary, Daily Bread Ministries Inc is a dedicated nonprofit organization that provides essential resources, including food and poverty alleviation training, to faith-based organizations. Their goal is to equip these organizations to combat poverty and improve the lives of those in need.


Official website here: www.dailybreadministries.org

Is Daily Bread Ministries Inc legitimate?

Daily Bread Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daily Bread Ministries 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.

Here are some key statistics you may want to consider:

Executive Compensation: $86,706
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,773

For more financial information, click here


Official website here: www.dailybreadministries.org

What is the mission statement of Daily Bread Ministries Inc?

Daily Bread Ministries Inc's mission is centered around providing assistance to faith-based organizations aiming to uplift individuals out of poverty. The organization's primary objective is to equip these faith-based entities with necessary resources, enabling them to operate food pantries and implement poverty alleviation programs that tackle the root causes of poverty. In 2022, Daily Bread Ministries distributed over 8.1 million dollars' worth of food and served approximately 69,936 individuals through various community and ministry partners. Additionally, the ministry witnessed 1,861 salvations and provided training in poverty alleviation to 104 pastors and ministry leaders.


Official website here: www.dailybreadministries.org

Who is the CEO of Daily Bread Ministries Inc?

Marcus Walker is the Executive Dir. of Daily Bread Ministries Inc.


Official website here: www.dailybreadministries.org

What is the revenue of Daily Bread Ministries Inc?

Daily Bread Ministries Inc's revenue in 2022 was $9,736,410.


Official website here: www.dailybreadministries.org

Who are the executives of Daily Bread Ministries Inc and what are their salaries?

The average compensation at Daily Bread Ministries Inc during 2022 was $24,114. There are 13 employees and 263 volunteers at Daily Bread Ministries Inc.

Here are 8 key members and their salaries:

    Marcus Walker (Executive Dir.)
  • Compensation: $83,040
  • Related: $0
  • Other: $3,667

    • Shannon Badger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Litwin (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don York (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Senneff (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Lindstrom (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rod Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Fitzsimon (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dailybreadministries.org

    Where can I find the form 990 for Daily Bread Ministries Inc?

    The Daily Bread Ministries Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dailybreadministries.org

    Learn more at the official website: www.dailybreadministries.org

    Mission Statement of Daily Bread Ministries Inc

    Daily Bread Ministries Inc, a nonprofit organization, is committed to providing a twofold service. Their primary mission is to aid faith-based organizations in their quest to alleviate poverty. They accomplish this by offering them resources to establish and maintain food pantries, as well as providing training that delves into the underlying causes of poverty.

    In simpler terms, Daily Bread Ministries Inc acts as a support system for faith-based organizations, equipping them with the necessary tools to combat poverty at its source. This is achieved through the distribution of substantial food donations and the provision of comprehensive poverty alleviation training.

    In 2022 alone, Daily Bread Ministries Inc distributed over 8.1 million dollars worth of food and served a substantial number of 69,936 individuals through their network of community and ministry partners. Furthermore, the organization witnessed 1,861 salvations and trained 104 pastors and ministry leaders in the realm of poverty alleviation. Daily Bread Ministries Inc's mission is an essential component in the fight against poverty, empowering faith-based organizations to make a significant impact in their communities.

    Impact

    This information is meant to be a general summary of Daily Bread Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Daily Bread Ministries Inc's impact is inspiring and substantial. In 2022 alone, they gave away over 8.1 million dollars worth of food, benefiting 69,936 individuals through more than 100 community and ministry partners. Beyond just providing food, Daily Bread Ministries Inc's work led to 1861 salvations and trained 104 pastors and ministry leaders in poverty alleviation techniques. Their mission to equip faith-based organizations with resources for operating food pantries and addressing the root causes of poverty is truly making a difference in the lives of many in San Antonio, TX and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,000
  • Program Service Revenue: $0
  • Gross Receipts: $9,758,801

    • Assets and Liabilities:
  • Total Assets: $5,347,584
  • Total Liabilities: $2,240,475
  • Net Assets: $3,107,109
  • Organization Details

    Founding Year

    1997

    Principal Officer

    Marcus Walker

    Main Address

    3559 BELGIUM LANE, SAN ANTONIO, TX, 78219

    NTEE Category

    Code: K30 - Food

    If you are a representative of Daily Bread Ministries Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.