Bread Upon the Waters
Nonprofit profile at a glance
- EIN
- 273019505
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990 2022, Form 990-EZ 2025, Form 990-N 2018
- Location
- Burkeville, TX, USA
- Phone
- 4092249955
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- International Relief
- Affiliation
- Christianity
Reported finances
- Revenue
- $144,358
- Expenses
- $146,238
- Assets
- $9,172
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Michael P Glaesemann (President)
- Sarah E Glaesemann (Vice President)
People named in this filing
- Michael P Glaesemann (President)
- Donna W Glaesemann (Secretary/Treasurer)
- Sarah E Glaesemann (Vice President)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Butw sends support to impoverished christians in the philippines and other countries where poverty among christians exist. We assist with medical aid, funeral expenses, housing, balakbayan boxes (care packages of food & clothing), bibles, song books, and other basic needs. We also support gospel preachers whose churches cannot support them and their families. We are concerned individuals seeking to organize our efforts so that others concerned may join us in relieving impoverished christians in foreign countries where poverty is most prevalent.
What it reported doing in 2025
These funds are used to send financial support to assist evangelists with families for the churches of christ whose impoverished churches do not have funds to support them. These evangelists do not receive financial support from any person(s)or any organization(s). These evangelists have been vetted through a network of individuals in the philippines and USA in whom butw has put its trust. The program expenses are fees that were approved by donors to be used to send these financial distributions.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
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: 1
- Transparency & Controls: 100
- Sustainability: 31
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.3%; rating input score 1
- Program expense ratio: 1.3%; rating input score 1
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -1.3%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -67.6% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -3.1% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -3.3% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 1.3% of revenue deployed · 1.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $2K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2019 to 2025
- 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 1/100.
- High — Financial Efficiency: Program expense ratio scored 1/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Growth: Asset growth scored 0/100.