Civic Intelligence

Bread for Life Inc

EIN 06-1232902 • 501(c)3 • Southington, CT

Profile

Bread for Life, Inc.

PO Box 925Southington, CT 06489

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.31x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

38th percentile

-0.3%

Higher net margin than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

0.6%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-56%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,246,857

Up $13,915 (+0.6%) from 2023

Liabilities

Down

$81,009

Down $13,802 (-15%) from 2023

Net Assets

Up

$2,165,848

Up $27,717 (+1.3%) from 2023

Revenue

Down

$265,097

Down $344,097 (-56%) from 2023

Expenses

Down

$265,827

Down $265,505 (-50%) from 2023

Net Income

Down

-$730

Down $78,592 (-101%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $289,369Liabilities 2011: $1,466Net Assets 2011: $287,9032011Assets 2012: $293,099Liabilities 2012: $1,645Net Assets 2012: $291,4542012Assets 2013: $275,639Liabilities 2013: $389Net Assets 2013: $275,2502013Assets 2014: $300,441Liabilities 2014: $274Net Assets 2014: $300,1672014Assets 2015: $412,791Liabilities 2015: $3,512Net Assets 2015: $409,2792015Assets 2016: $1,194,291Liabilities 2016: $1,989Net Assets 2016: $1,192,3022016Assets 2017: $1,331,729Liabilities 2017: $2,115Net Assets 2017: $1,329,6142017Assets 2018: $1,349,097Liabilities 2018: $2,828Net Assets 2018: $1,346,2692018Assets 2019: $1,398,004Liabilities 2019: $4,783Net Assets 2019: $1,393,2212019Assets 2020: $1,744,880Liabilities 2020: $33,625Net Assets 2020: $1,711,2552020Assets 2021: $1,979,370Liabilities 2021: $110,638Net Assets 2021: $1,868,7322021Assets 2022: $2,075,530Liabilities 2022: $111,689Net Assets 2022: $1,963,8412022Assets 2023: $2,232,942Liabilities 2023: $94,811Net Assets 2023: $2,138,1312023Assets 2024: $2,246,857Liabilities 2024: $81,009Net Assets 2024: $2,165,8482024

Highlighted filing

2024

Assets$2,246,857
Liabilities$81,009
Net Assets$2,165,848

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $193,195Expenses 2011: $167,545Net Income 2011: $25,6502011Revenue 2012: $226,831Expenses 2012: $223,279Net Income 2012: $3,5522012Revenue 2013: $220,607Expenses 2013: $236,803Net Income 2013: -$16,1962013Revenue 2014: $226,736Expenses 2014: $201,818Net Income 2014: $24,9182014Revenue 2015: $323,119Expenses 2015: $214,007Net Income 2015: $109,1122015Revenue 2016: $1,007,772Expenses 2016: $976,309Net Income 2016: $31,4632016Revenue 2017: $452,939Expenses 2017: $340,533Net Income 2017: $112,4062017Revenue 2018: $368,277Expenses 2018: $351,622Net Income 2018: $16,6552018Revenue 2019: $470,081Expenses 2019: $423,129Net Income 2019: $46,9522019Revenue 2020: $689,623Expenses 2020: $371,690Net Income 2020: $317,9332020Revenue 2021: $714,087Expenses 2021: $430,529Net Income 2021: $283,5582021Revenue 2022: $575,208Expenses 2022: $446,831Net Income 2022: $128,3772022Revenue 2023: $609,194Expenses 2023: $531,332Net Income 2023: $77,8622023Revenue 2024: $265,097Expenses 2024: $265,827Net Income 2024: -$7302024

Highlighted filing

2024

Revenue$265,097
Expenses$265,827
Net Income-$730

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.08$2.17$0.27$0.27$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.23$0.09$2.14$0.61$0.53$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.11$1.96$0.58$0.45$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.11$1.87$0.71$0.43$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.03$1.71$0.69$0.37$0.32
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.39$0.47$0.42$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$0.37$0.35$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.45$0.34$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.00$1.19$1.01$0.98$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.32$0.21$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.23$0.20$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.22$0.24$0.02
2012Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$0.23$0.22$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.19$0.17$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$444,977
Mission and Program Overview

Mission

Bread for Life, Inc. is a meals program that provides daily meals, 5 days a week, to needy individuals.

The mission of bread for life is to provide food, fellowship and a sense of dignity to those in need. We rely on the generosity of our community to help us fulfill our mission that no one goes hungry in our town. Our vision is accomplished by providing meals served daily in our kitchen, delivered within our senior community and also to our home-bound citizens, and to children in the summer. Bread for life strives to help our clients with their personal needs through referrals to appropriate agencies. We also are a voice to educate our community on hunger and poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$920,341$951,408▲ $31,067
Land, Buildings, and Equipment, Net$765,127$752,020▼ $13,107
Investments Other Securities$328,544$331,879▲ $3,335
Cash and Non-Interest-Bearing Accounts$189,616$183,488▼ $6,128
Inventories for Sale or Use$14,480$15,976▲ $1,496
Total Assets$2,232,942$2,246,857▲ $13,915
Other Assets Total$14,834$12,086▼ $2,748
Liabilities
Deferred Revenue$57,500$42,560▼ $14,940
Accounts Payable and Accrued Expenses$32,892$34,715▲ $1,823
Mortgage Notes Payable Secured by Investment Property$4,419$3,734▼ $685
Total Liabilities$94,811$81,009▼ $13,802
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,138,131$2,165,848▲ $27,717
Total Net Assets Fund Balance$2,138,131$2,165,848▲ $27,717
Total Liabilities and Net Assets / Fund Balance$2,232,942$2,246,857▲ $13,915

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$550,014$132,474$682,488
Land$153,644-$153,644
Other Securities$331,879--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Donna AyerExecutive DiFT$41,108$41,108

Board Members and Trustees

NameTitle
Pat ByrneChairman
Karen LearyVice Chairma
Joseph SackDirector
Karen CorradoDirector
Mark ProffittDirector
Mike SoltysDirector
Rick KnightDirector
Steve NyerickDirector
Susan SmaydaDirector
Tabitha SteinDirector
Tom FinnDirector
Bill PalmieriSecretary
Susan BrettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$225,423
Program Service Revenue
$10,785
Investment Income
$25,231
Other Revenue
$3,658
All Other Contributions
$224,411
Change in Net Assets
$-730

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory3,655$43,988Donated Food Value
Total Noncash Contributions3,655$43,988-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,960
Salaries, Compensation, and Employee Benefits$123,867
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,517--$72,517
Current Officers, Directors, Trustees, and Key Employees$36,997$4,111-$41,108
Occupancy$17,559$1,951-$19,510
Depreciation Depletion$12,173$1,266-$13,439
All Other Expenses$10,564$154-$10,718
Payroll Taxes$9,871$371-$10,242
Office Expenses$7,054$783-$7,837
Advertising$6,845--$6,845
Fees for Services Accounting-$4,068-$4,068
Other Expenses$5,975$2,859-$2,859
Conferences and Meetings$370--$370
Total Functional Expenses$241,780$24,047$0$265,827
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,658
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
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Treasurer presents the return to the board directors

Form 990, Page 6, Part VI, Line 12C

The executive director monitors the conflict of interest policies. Any matter considered to be a potential conflict of interest would then be reviewed by the development committee and if further action is required, the matter would be presented to the board of directors.

Form 990, Page 6, Part VI, Line 15A

Board determination annually

Form 990, Page 6, Part VI, Line 15B

Board determination annually

Form 990, Page 6, Part VI, Line 19

Anyone can submit a request to see the governing documents and financial statements in writing to the governing board. The request would be approved through the normal course of business.

Filing and Contact Details

Filer

Filer Name
Bread for Life Inc
EIN
06-1232902
Phone
8602768389
Address
PO BOX 925, SOUTHINGTON, CT 06489

Signing Officer

Name
Susan Brett
Title
Treasurer
Phone
8602768389
Signed
2025-05-15

Organization Details

Principal Officer
Pat Byrne
Formed
1984
Legal Domicile
Ct
Voting Board Members
14
Independent Board Members
14
Employees
12
Volunteers
50

Preparer

Firm
Budwitz & Meyerjack Pc
Address
1122 HIGHLAND AVE, CHESHIRE, CT 06410-1654
Preparer
Michael J Alfieri CPA
Phone
2032721621
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of bread for life is to provide food, fellowship and a sense of dignity to those in need. We rely on the generosity of our community to help us fulfill our mission that no one goes hungry in our town. Our vision is accomplished by providing meals served daily in our kitchen, delivered within our senior community and also to our home-bound citizens, and to children in the summer. Bread for life strives to help our clients with their personal needs through referrals to appropriate agencies. We also are a voice to educate our community on hunger and poverty.

Form 990, Page 2, Part III, Line 4A

Lunch program--hot meals are prepared and served at bread for life at noon daily, monday through friday. We are located at 31 vermont avenue in southington, ct. Meal delivery--bread for life provides hot lunch weekdays to homebound residents who qualify in our community. We also deliver groceries on friday for weekend meals to those who are unable to leave their homes. Mobile food pantry--bread for life visits southington's most economically challenged neighborhoods bringing non-perishable food directly to the people who need it the most. Senior services--we serve a group lunch weekly to all residents of southington housing authority communities and section 8 housing. These group lunches give seniors an opportunity to share a meal in community each week. Fuel for school--we provide board of education approved snacks to students in southington middle and high schools who need a boost to get through the day. Children's summer program--bread for life provide a lunch program for children in low-income neighborhoods and to children who receive free or reduced hot lunch during the school year.

Form 990, Part XI, Line 9

Book / tax depreciation difference 332 change in book/tax basis of assets 16,114 unrealized gain on investments 0 gain on beneficial interest held by others 16,445 change in book/tax basis of liabilities -67 unrealized loss on investments -4,377 loss on beneficial interest held by others 0 total 28,447

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF BREAD FOR LIFE IS TO PROVIDE FOOD, FELLOWSHIP AND A SENSE OF DIGNITY TO THOSE IN NEED. WE RELY ON THE GENEROSITY OF OUR COMMUNITY TO HELP US FULFILL OUR MISSION THAT NO ONE GOES HUNGRY IN OUR TOWN. OUR VISION IS ACCOMPLISHED BY PROVIDING MEALS SERVED DAILY IN OUR KITCHEN, DELIVERED WITHIN OUR SENIOR COMMUNITY AND ALSO TO OUR HOME-BOUND CITIZENS, AND TO CHILDREN IN THE SUMMER. BREAD FOR LIFE STRIVES TO HELP OUR CLIENTS WITH THEIR PERSONAL NEEDS THROUGH REFERRALS TO APPROPRIATE AGENCIES. WE ALSO ARE A VOICE TO EDUCATE OUR COMMUNITY ON HUNGER AND POVERTY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF BREAD FOR LIFE IS TO PROVIDE FOOD, FELLOWSHIP AND A SENSE OF DIGNITY TO THOSE IN NEED. WE RELY ON THE GENEROSITY OF OUR COMMUNITY TO HELP US FULFILL OUR MISSION THAT NO ONE GOES HUNGRY IN OUR TOWN. OUR VISION IS ACCOMPLISHED BY PROVIDING MEALS SERVED DAILY IN OUR KITCHEN, DELIVERED WITHIN OUR SENIOR COMMUNITY AND ALSO TO OUR HOME-BOUND CITIZENS, AND TO CHILDREN IN THE SUMMER. BREAD FOR LIFE STRIVES TO HELP OUR CLIENTS WITH THEIR PERSONAL NEEDS THROUGH REFERRALS TO APPROPRIATE AGENCIES. WE ALSO ARE A VOICE TO EDUCATE OUR COMMUNITY ON HUNGER AND POVERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LUNCH PROGRAM--HOT MEALS ARE PREPARED AND SERVED AT BREAD FOR LIFE AT NOON DAILY, MONDAY THROUGH FRIDAY. WE ARE LOCATED AT 31 VERMONT AVENUE IN SOUTHINGTON, CT. MEAL DELIVERY--BREAD FOR LIFE PROVIDES HOT LUNCH WEEKDAYS TO HOMEBOUND RESIDENTS WHO QUALIFY IN OUR COMMUNITY. WE ALSO DELIVER GROCERIES ON FRIDAY FOR WEEKEND MEALS TO THOSE WHO ARE UNABLE TO LEAVE THEIR HOMES. MOBILE FOOD PANTRY--BREAD FOR LIFE VISITS SOUTHINGTON'S MOST ECONOMICALLY CHALLENGED NEIGHBORHOODS BRINGING NON-PERISHABLE FOOD DIRECTLY TO THE PEOPLE WHO NEED IT THE MOST. SENIOR SERVICES--WE SERVE A GROUP LUNCH WEEKLY TO ALL RESIDENTS OF SOUTHINGTON HOUSING AUTHORITY COMMUNITIES AND SECTION 8 HOUSING. THESE GROUP LUNCHES GIVE SENIORS AN OPPORTUNITY TO SHARE A MEAL IN COMMUNITY EACH WEEK. FUEL FOR SCHOOL--WE PROVIDE BOARD OF EDUCATION APPROVED SNACKS TO STUDENTS IN SOUTHINGTON MIDDLE AND HIGH SCHOOLS WHO NEED A BOOST TO GET THROUGH THE DAY. CHILDREN'S SUMMER PROGRAM--BREAD FOR LIFE PROVIDE A LUNCH PROGRAM FOR CHILDREN IN LOW-INCOME NEIGHBORHOODS AND TO CHILDREN WHO RECEIVE FREE OR REDUCED HOT LUNCH DURING THE SCHOOL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TREASURER PRESENTS THE RETURN TO THE BOARD DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR MONITORS THE CONFLICT OF INTEREST POLICIES. ANY MATTER CONSIDERED TO BE A POTENTIAL CONFLICT OF INTEREST WOULD THEN BE REVIEWED BY THE DEVELOPMENT COMMITTEE AND IF FURTHER ACTION IS REQUIRED, THE MATTER WOULD BE PRESENTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD DETERMINATION ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD DETERMINATION ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANYONE CAN SUBMIT A REQUEST TO SEE THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS IN WRITING TO THE GOVERNING BOARD. THE REQUEST WOULD BE APPROVED THROUGH THE NORMAL COURSE OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE 332 CHANGE IN BOOK/TAX BASIS OF ASSETS 16,114 UNREALIZED GAIN ON INVESTMENTS 0 GAIN ON BENEFICIAL INTEREST HELD BY OTHERS 16,445 CHANGE IN BOOK/TAX BASIS OF LIABILITIES -67 UNREALIZED LOSS ON INVESTMENTS -4,377 LOSS ON BENEFICIAL INTEREST HELD BY OTHERS 0 TOTAL 28,447
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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