Our Daily Bread Foundation
Nonprofit profile at a glance
- EIN
- 831487766
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2021
- Location
- Charlotte, NC, USA
- Phone
- 9802672883
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $148,253
- Expenses
- $166,629
- Assets
- $74,887
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Kim Alexander (Executive Dir.)
- Pamela McCarter (Chairman)
- Karyn L Yaussy (Director)
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
Our goal is to transform one life at a time, taking us from exclusiveness to inclusiveness and from welfare to well-fare.
What it reported doing in 2025
Our daily bread foundation's entrepreneurship and bakery training programs positively impacted the lives of 312 individuals in 2025 by teaching life skills that will help lead to future success. Additionally the organization distributed bread to 300 families.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.9%; rating input score 82
- Program expense ratio: 72.9%; rating input score 73
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: -12.4%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 13.8%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 27.2% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 21.8% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 55.8% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 81.9% of revenue deployed · 72.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $121K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Sustainability: Operating margin scored 11/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Sustainability: Officer compensation ratio scored 20/100.