Hill Country Daily Bread Ministries

What it reported doing in 2024

Hill country daily bread ministries (hcdbm), a faith-based organization, serves impoverished families/individuals living in eight rural, underserved counties in the Texas hill country. Our programs offer a full range of support and resources to give low-income families the tools they need to move out of poverty. Over 8,000 volunteers are involved in all aspects of program operations. Our programs include: the family mentoring resource program, community resource program, and programs for children. The family mentoring resource program (fmrp) is a christ-centered, relationship driven program that produces deep, measurable and lasting change in the lives of impoverished families. Family mentors come from partner churches and both are trained to understand the dynamics of poverty. Those we assist receive intentional case management, physical assistance of food, clothing and other items, and referrals to local community assistance agencies. Family mentors share the gospel and encourage the hope of jesus christ. Case managers help those we assist set long and short term goals toward becoming self-reliant. Through the community resource program, hcdbm partners with over 170 agencies in our service area and provides bulk food and other inventory items to support their programs. The development of these varied partnerships allows us to serve more people, expands the impact of our programs, provides more resources, and strengthens all organizations involved. Hcdbm has two programs that directly benefit children. The kingdom kids program provides children from families served by fmrp with christmas toys, easter baskets, birthday in a bag, back- to-school outfits, and a children's book club. Stand by me matches at-risk youth with trained mentors who encourage character development, emotional stability and academic success. Other program aspects are: our summer academic academy - teaching responsibility and offering remediation in math and language arts, and summer camps. All hcdbm programs are dedicated to helping low income families/individual gain stability, improve their quality of life and break the cycle of poverty. All programs are free of charge. Volunteers donated approximately 40,877 hours to the organization's program services during the year.

Financial Efficiency

• Mission deployment rate: 87.7%; rating input score 88
• Program expense ratio: 91%; rating input score 91
• Fundraising efficiency: $32.01 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 83.3%; rating input score 83; 16th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.8%; rating input score 47; 47th percentile among comparable filings
• Total-asset coverage ratio: 1.45; rating input score 50; 50th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings

Growth

• Program expense growth: 7.5% per year; rating input score 100; 53rd percentile among comparable filings
• Revenue growth: 7.2% per year; rating input score 100; 56th percentile among comparable filings
• Asset growth: 12.2% per year; rating input score 100; 66th percentile among comparable filings