Civic Intelligence

Bread & Roses Inc.

990 • Fiscal year 2016 • EIN 04-2768119

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 03, 2016

58 Newbury StreetLawrence, MA 01840

(978) 681-8768

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

22nd percentile

-9.5%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

74th percentile

$64,904

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

22nd percentile

-6.5%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$769,089

Down $53,342 (-6.5%) from 2015

Net Assets

Down

$764,139

Down $56,292 (-6.9%) from 2015

Liabilities

Up

$4,950

Up $2,950 (+148%) from 2015

Revenue

Up

$352,334

Up $51,697 (+17%) from 2015

Expenses

Up

$385,860

Up $137,404 (+55%) from 2015

Net Income

Down

-$33,526

Down $85,707 (-164%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $566,934Liabilities 2011: $13,006Net Assets 2011: $553,9282011Assets 2012: $613,203Liabilities 2012: $3,875Net Assets 2012: $609,3282012Assets 2013: $597,104Liabilities 2013: $13,037Net Assets 2013: $584,0672013Assets 2014: $781,193Liabilities 2014: $4,112Net Assets 2014: $777,0812014Assets 2015: $822,431Liabilities 2015: $2,000Net Assets 2015: $820,4312015Assets 2016: $769,089Liabilities 2016: $4,950Net Assets 2016: $764,1392016Assets 2017: $894,738Liabilities 2017: $31,223Net Assets 2017: $863,5152017Assets 2018: $753,193Liabilities 2018: $9,400Net Assets 2018: $743,7932018Assets 2019: $981,191Liabilities 2019: $21,687Net Assets 2019: $959,5042019Assets 2020: $1,179,178Liabilities 2020: $98,364Net Assets 2020: $1,080,8142020Assets 2021: $1,443,930Liabilities 2021: $104,446Net Assets 2021: $1,339,4842021Assets 2022: $1,475,484Liabilities 2022: $45,459Net Assets 2022: $1,430,0252022Assets 2023: $1,404,460Liabilities 2023: $48,492Net Assets 2023: $1,355,9682023Assets 2024: $1,427,592Liabilities 2024: $85,458Net Assets 2024: $1,342,1342024

Highlighted filing

2016

Assets$769,089
Liabilities$4,950
Net Assets$764,139

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $233,7802011Revenue 2012: $322,761Expenses 2012: $267,361Net Income 2012: $55,4002012Revenue 2013: $219,104Expenses 2013: $252,706Net Income 2013: -$33,6022013Revenue 2014: $440,349Expenses 2014: $306,095Net Income 2014: $134,2542014Revenue 2015: $300,637Expenses 2015: $248,456Net Income 2015: $52,1812015Revenue 2016: $352,334Expenses 2016: $385,860Net Income 2016: -$33,5262016Revenue 2017: $402,954Expenses 2017: $347,624Net Income 2017: $55,3302017Revenue 2018: $230,463Expenses 2018: $372,282Net Income 2018: -$141,8192018Revenue 2019: $782,367Expenses 2019: $669,984Net Income 2019: $112,3832019Revenue 2020: $1,371,718Expenses 2020: $1,248,965Net Income 2020: $122,7532020Revenue 2021: $1,251,000Expenses 2021: $1,104,150Net Income 2021: $146,8502021Revenue 2022: $1,736,005Expenses 2022: $1,473,670Net Income 2022: $262,3352022Revenue 2023: $1,580,090Expenses 2023: $1,744,299Net Income 2023: -$164,2092023Revenue 2024: $5,104,903Expenses 2024: $5,111,684Net Income 2024: -$6,7812024

Highlighted filing

2016

Revenue$352,334
Expenses$385,860
Net Income-$33,526
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 3, 2016
Return Version
2015v2.1
Gross Receipts
$384,194
Mission and Program Overview

Mission

Bread & roses, inc. Provides meals and other related services for persons in need primarily from the city of lawrence, massachusetts.

Bread & roses, inc. Provides meals and other related services for persons in need primarily from the city of lawrence, mass.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$453,865$482,877▲ $29,012
Land, Buildings, and Equipment, Net$130,246$132,224▲ $1,978
Cash and Non-Interest-Bearing Accounts$98,976$85,226▼ $13,750
Savings and Temporary Cash Investments$133,296$66,283▼ $67,013
Prepaid Expenses and Deferred Charges$6,048$2,479▼ $3,569
Total Assets$822,431$769,089▼ $53,342
Liabilities
Accounts Payable and Accrued Expenses$2,000$4,950▲ $2,950
Total Liabilities$2,000$4,950▲ $2,950
Net Assets / Fund Balance
Unrestricted Net Assets$777,776$709,139▼ $68,637
Temporarily Rstr Net Assets$42,655$55,000▲ $12,345
Total Net Assets Fund Balance$820,431$764,139▼ $56,292
Total Liabilities and Net Assets / Fund Balance$822,431$769,089▼ $53,342

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$85,437$78,541$163,978
Equipment$33,066$72,531$105,597
Land$13,721-$13,721
Other Land Buildings-$732$732
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan L McgibbonExecutive Director-$64,904$64,904
Robert LanzoniExec. Dir.(Retired)FT$37,059$37,059

Board Members and Trustees

NameTitle
Lary HallPresident
Blaise CocoBoard Member
Jean CooksonBoard Member
Kathy FitzpatrickBoard Member
Leland FastnachtBoard Member
Susan MooreBoard Member
Carol LewisSecretary
Gary TappTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$326,882
Program Service Revenue
$0
Investment Income
$25,452
Other Revenue
$0
All Other Contributions
$326,882
Change in Net Assets
$-33,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$245,882
Other Expenses$139,978
Total Fundraising Expense$39,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$82,142$3,500$28,000$113,642
Current Officers, Directors, Trustees, and Key Employees$85,463$10,000$6,500$101,963
Occupancy$44,777$0$0$44,777
Other Expenses$22,290$0$0$22,290
Payroll Taxes$15,922$1,080$2,760$19,762
Fees for Services Management$16,859$0$0$16,859
Depreciation Depletion$13,535$0$0$13,535
Other Employee Benefits$10,515$0$0$10,515
Office Expenses$5,176$1,750$1,750$8,676
Fees for Service Investment Mgmnt Fees$0$2,612$0$2,612
Fees for Services Accounting$0$2,000$0$2,000
Total Functional Expenses$325,727$21,123$39,010$385,860
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Bread & Roses Inc
EIN
04-2768119
Phone
9786818768
Address
58 NEWBURY STREET, LAWRENCE, MA 01840

Signing Officer

Name
Gary Tapp
Title
Treasurer
Phone
9786818768
Signed
2016-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Lanzoni
Formed
1982
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
10
Volunteers
100

Preparer

Firm
Elliott H Puretz CPA
Address
28 Halcyon Road, Newton, MA 02459
Preparer
Elliott H Puretz CPA
Phone
6179642675
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Treasurer reviews form, is avail. to all board members

Pt VI, Line 12C

Board status is reviewed each year for independence

Pt VI, Line 15A

Board determines Exec. Dir. salary each year

Form 990EZ, Part I, Line 16

INSURANCE

Form 990EZ, Part I, Line 16

FOOD, SUPPLIES

Form 990EZ, Part I, Line 16

OFFICE AND ADMIN. COSTS

Form 990EZ, Part I, Line 16

OTHER PROGRAM COSTS

Form 990EZ, Part II, Line 24

Inventories

Form 990EZ, Part II, Line 24

Prepaid expenses

Form 990EZ, Part II, Line 24

Property and equipment, net

Form 990EZ, Part II, Line 26

Accounts Payable & Accrued Expenses

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IRS990/PYOtherExpensesAmt0110996
IRS990/PYRevenuesLessExpensesAmt052181
IRS990/PYSalariesCompEmpBnftPaidAmt0137460
IRS990/PYTotalExpensesAmt0248456
IRS990/PYTotalRevenueAmt0300637
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-33526
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0352334
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0133296
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0326882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0282021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0427991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0216583
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0312313
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01565790
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025578
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020552
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014381
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02343
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt066929
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95900
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.97090
IRS990ScheduleA/PublicSupportTotal170Amt01565790
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0326882
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0282021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0427991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0216583
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0312313
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01565790
IRS990ScheduleA/TotalSupportAmt01632719
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt085437
IRS990ScheduleD/BuildingsGrp/DepreciationAmt078541
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0163978
IRS990ScheduleD/EquipmentGrp/BookValueAmt033066
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072531
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0105597
IRS990ScheduleD/LandGrp/BookValueAmt013721
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013721
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0732
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0732
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132224
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Treasurer reviews form, is avail. to all board members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board status is reviewed each year for independence
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board determines Exec. Dir. salary each year
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOOD, SUPPLIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICE AND ADMIN. COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER PROGRAM COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Inventories
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Prepaid expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Property and equipment, net
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Payable & Accrued Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt042655
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt055000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0822431
IRS990/TotalAssetsEOYAmt0769089
IRS990/TotalAssetsGrp/BOYAmt0822431
IRS990/TotalAssetsGrp/EOYAmt0769089
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0326882
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt039010
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021123
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0325727
IRS990/TotalFunctionalExpensesGrp/TotalAmt0385860
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02000
IRS990/TotalLiabilitiesEOYAmt04950
IRS990/TotalLiabilitiesGrp/BOYAmt02000
IRS990/TotalLiabilitiesGrp/EOYAmt04950
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0820431
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0764139
IRS990/TotalProgramServiceExpensesAmt0325727
IRS990/TotalReportableCompFromOrgAmt0101963
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025452
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0352334
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0822431
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0769089
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0777776
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0709139
IRS990/USAddress/AddressLine1Txt058 NEWBURY ST
IRS990/USAddress/CityNm0LAWRENCE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001840
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.09$1.34$5.10$5.11$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.05$1.36$1.58$1.74$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.05$1.43$1.74$1.47$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.10$1.34$1.25$1.10$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.10$1.08$1.37$1.25$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.02$0.96$0.78$0.67$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.01$0.74$0.23$0.37$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.03$0.86$0.40$0.35$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.76$0.35$0.39$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.00$0.82$0.30$0.25$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.44$0.31$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.01$0.58$0.22$0.25$0.03
2012Summary only. Only limited summary data is available for this year.$0.61$0.00$0.61$0.32$0.27$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.01$0.55$0.23