Bread for Life Ministries Inc
Nonprofit profile at a glance
- EIN
- 264602725
- IRS 990-EZ coverage
- 2018–2019
- Forms available
- Form 990-EZ 2019, Form 990-N 2017
- Location
- Avon Park, FL, USA
- Phone
- 8632576250
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $53,874
- Expenses
- $45,762
- Assets
- $86,718
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- DEVERAL WEBLEY (PASTOR)
- WILLIE C OLDS (ASSISTANT PASTOR)
- VALERIE T OLDS (ELDER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Evangelism/special events: pray for the community, ecourage regular church attendance. Provide food, school supplies, household goods and rebuild
What it reported doing in 2019
Evangelism/special events: pray for the community, ecourage regular church attendance. Provide food, school supplies, household goods and rebuild relationship with police dept.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25.5%; rating input score 25
- Program expense ratio: 30%; rating input score 30
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.1%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 1.89; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 49th percentile among comparable filings
- Revenue growth: -7.9% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 9.8% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 25.5% of revenue deployed · 30% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $14K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2018 to 2019
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 25/100.
- Moderate — Financial Efficiency: Program expense ratio scored 30/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.