House of Bread Inc

Nonprofit profile at a glance

EIN
061073478
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Hartford, CT, USA
Phone
8605494188
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,640,983
Expenses
$2,586,025
Assets
$8,472,161
Liabilities
$127,995

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • CARL ZYSKOWSKI (PRESIDENT)

Highest reported compensation

  • BETH BOYLE (CO-DIRECTOR): $133,558 total reported compensation
  • THOMAS PORELL (CO-DIRECTOR): $133,558 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide urban ministry to the economically disadvantaged in the hartford area. Simplicity, dignity and respect are to be characteristics of our services to the hungry, homeless and needy population.

What it reported doing in 2025

23 lincoln street: provide long-term housing facility that offers homeless men job training and educational skills to assist them to live independent of support systems: 52,025. Jubilee house: located at 40 clifford street, jubilee house provided english literacy and social integration services to low-income hartford residents, especially immigrants and refugees, in order for them to acquire employment, achieve self-sufficiency within societal networks, sustain independence, and become active citizens. Jubilee house had two principal program areas: esol (english for speakers of other languages) instruction; and the refugee & immigrant assistance program. The building was also home to women transitioning from shelter to independent living: 40,639 88-90 chestnut street: provide shelter for homeless males: 35,106. Additional programs and eductation: 171,794.

Operating model

Revenue model
Donor-supported. 82% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.6%; rating input score 81
  • Program expense ratio: 79.6%; rating input score 80
  • Fundraising efficiency: $13.45 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 21st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.1%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 3.28; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 10.3%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: 2.4% per year; rating input score 100; 21st percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 80.6% of revenue deployed · 79.6% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.1M in reported program spending
  • Leadership: top reported pay $134K · 20 people listed
  • Highest-paid contractors: 1 contractor listed · $101K reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.