Civic Intelligence

Bread of Life Ministries Inc

EIN 22-2717615 • 501(c)3 • Augusta, ME

Profile

To promote and encourage public interest and support of feeding the homeless and hungry by maintaining a soup kitchen where food can be prepared and served to the hungry, to maintain shelters that provide temporary housing accomodations for the homeless and provide affordable alternative housing and to serve veterans in need.

157 Water StreetAugusta, ME 04330

mainebreadoflife.org

Siviq Scores

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

Liabilities / Assets

64th percentile

0.25x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.59x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

47th percentile

3.2%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

48th percentile

$124,705

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

62nd percentile

8.2%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

4.7%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,446,367

Up $411,770 (+8.2%) from 2023

Liabilities

Up

$1,372,250

Up $239,806 (+21%) from 2023

Net Assets

Up

$4,074,117

Up $171,964 (+4.4%) from 2023

Revenue

Up

$2,309,850

Up $103,510 (+4.7%) from 2023

Expenses

Up

$2,235,563

Up $282,018 (+14%) from 2023

Net Income

Down

$74,287

Down $178,508 (-71%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,018,789Liabilities 2010: $1,795,628Net Assets 2010: $2,223,1612010Assets 2011: $4,074,731Liabilities 2011: $1,917,994Net Assets 2011: $2,156,7372011Assets 2012: $4,020,654Liabilities 2012: $1,868,402Net Assets 2012: $2,152,2522012Assets 2013: $4,001,979Liabilities 2013: $1,848,341Net Assets 2013: $2,153,6382013Assets 2014: $3,945,180Liabilities 2014: $1,633,451Net Assets 2014: $2,311,7292014Assets 2015: $3,920,689Liabilities 2015: $1,612,699Net Assets 2015: $2,307,9902015Assets 2016: $4,308,682Liabilities 2016: $1,598,995Net Assets 2016: $2,709,6872016Assets 2017: $4,118,109Liabilities 2017: $1,581,064Net Assets 2017: $2,537,0452017Assets 2018: $4,341,909Liabilities 2018: $1,764,548Net Assets 2018: $2,577,3612018Assets 2019: $4,292,092Liabilities 2019: $1,568,215Net Assets 2019: $2,723,8772019Assets 2020: $4,412,319Liabilities 2020: $1,432,454Net Assets 2020: $2,979,8652020Assets 2021: $4,648,721Liabilities 2021: $1,450,788Net Assets 2021: $3,197,9332021Assets 2022: $4,813,224Liabilities 2022: $1,311,510Net Assets 2022: $3,501,7142022Assets 2023: $5,034,597Liabilities 2023: $1,132,444Net Assets 2023: $3,902,1532023Assets 2024: $5,446,367Liabilities 2024: $1,372,250Net Assets 2024: $4,074,1172024

Highlighted filing

2024

Assets$5,446,367
Liabilities$1,372,250
Net Assets$4,074,117

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $943,6842010Expenses 2011: $1,269,2142011Expenses 2012: $1,198,9132012Revenue 2013: $1,352,181Expenses 2013: $1,416,710Net Income 2013: -$64,5292013Revenue 2014: $1,392,641Expenses 2014: $1,278,533Net Income 2014: $114,1082014Revenue 2015: $1,327,159Expenses 2015: $1,426,188Net Income 2015: -$99,0292015Revenue 2016: $2,049,222Expenses 2016: $1,664,650Net Income 2016: $384,5722016Revenue 2017: $1,422,077Expenses 2017: $1,654,748Net Income 2017: -$232,6712017Revenue 2018: $1,737,087Expenses 2018: $1,633,686Net Income 2018: $103,4012018Revenue 2019: $1,878,313Expenses 2019: $1,833,176Net Income 2019: $45,1372019Revenue 2020: $2,070,106Expenses 2020: $1,892,262Net Income 2020: $177,8442020Revenue 2021: $1,959,262Expenses 2021: $1,810,533Net Income 2021: $148,7292021Revenue 2022: $2,688,939Expenses 2022: $2,201,107Net Income 2022: $487,8322022Revenue 2023: $2,206,340Expenses 2023: $1,953,545Net Income 2023: $252,7952023Revenue 2024: $2,309,850Expenses 2024: $2,235,563Net Income 2024: $74,2872024

Highlighted filing

2024

Revenue$2,309,850
Expenses$2,235,563
Net Income$74,287

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.45$1.37$4.07$2.31$2.24$0.07
2023Summary only. Only limited summary data is available for this year.$5.03$1.13$3.90$2.21$1.95$0.25
2022Summary only. Only limited summary data is available for this year.$4.81$1.31$3.50$2.69$2.20$0.49
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.65$1.45$3.20$1.96$1.81$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$1.43$2.98$2.07$1.89$0.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$1.57$2.72$1.88$1.83$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$1.76$2.58$1.74$1.63$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.12$1.58$2.54$1.42$1.65$0.23
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$1.60$2.71$2.05$1.66$0.38
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$1.61$2.31$1.33$1.43$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.95$1.63$2.31$1.39$1.28$0.11
2013Detailed filing. Detailed filing data is available for this year.$4.00$1.85$2.15$1.35$1.42$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$1.87$2.15$1.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.07$1.92$2.16$1.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$1.80$2.22$0.94
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 26, 2025
Return Version
2024v5.0
Gross Receipts
$2,338,254
Mission and Program Overview

Mission

Bread of life ministries feeds the hungry, shelters the homeless, and provides services that help people change their lives and take personal responsibility. God calls us to minister to one another and assist those in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,555,364$3,773,708▲ $218,344
Investments in Publicly Traded Securities$884,044$955,106▲ $71,062
Accounts Receivable$28,248$262,861▲ $234,613
Savings and Temporary Cash Investments$317,105$243,463▼ $73,642
Pledges and Grants Receivable$92,724$108,247▲ $15,523
Prepaid Expenses and Deferred Charges$80,936$32,334▼ $48,602
Cash and Non-Interest-Bearing Accounts$28,866$28,969▲ $103
Total Assets$5,034,597$5,446,367▲ $411,770
Other Assets Total$47,310$41,679▼ $5,631
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,017,689$1,174,242▲ $156,553
Accounts Payable and Accrued Expenses$47,905$115,765▲ $67,860
Other Liabilities$66,850$82,243▲ $15,393
Total Liabilities$1,132,444$1,372,250▲ $239,806
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,863,736$4,032,438▲ $168,702
Net Assets With Donor Restrictions$38,417$41,679▲ $3,262
Total Net Assets Fund Balance$3,902,153$4,074,117▲ $171,964
Total Liabilities and Net Assets / Fund Balance$5,034,597$5,446,367▲ $411,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,307,311$2,951,622$6,258,933
Equipment$149,066$180,112$329,178
Land$288,646-$288,646
Other Land Buildings$28,685$156,527$185,212
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victoria AbbottExecutive DiFT$114,687$10,018$124,705

Board Members and Trustees

NameTitle
Jessica WilburPresident
Darek GrantDirector
Lewis McalisterDirector
Lorana LaliberteDirector
Sara FifieldDirector
Suhier AlaskariDirector
Kathy GerardSecretary
Sarah DunckelTreasurer
Katharine WiltuckVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,382,343
Program Service Revenue
$822,372
Investment Income
$96,254
Other Revenue
$8,881
All Other Contributions
$601,501
Change in Net Assets
$74,287

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory57$450,584Fair Market Value (FMV)
Total Noncash Contributions57$450,584-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,325,793
Revenue Not Reported on Financial Statements
$-15,943
Revenue Not Reported on Form 990
$97,677
Other Revenue Adjustments
$-15,943
Total Revenue per Audited Statements
$2,423,470
Total Revenue per Form 990
$2,309,850
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,326,180
Salaries, Compensation, and Employee Benefits$891,865
Total Fundraising Expense$2,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$523,183$107,871-$631,054
Occupancy$211,479$8,758-$220,237
Depreciation Depletion$148,974$28,254-$177,228
Current Officers, Directors, Trustees, and Key Employees$66,080$54,066-$120,146
Other Employee Benefits$59,518$16,356-$75,874
Payroll Taxes$47,641$13,092-$60,733
Insurance$52,741$6,369-$59,110
Fees for Services Accounting$8,106$42,605-$50,711
Benefits to Members$17,518--$17,518
All Other Expenses$10,443$4,399-$14,842
Fees for Service Investment Mgmnt Fees$1,857$9,760-$11,617
Travel$9,303--$9,303
Fees for Services Management$1,443$7,583-$9,026
Office Expenses$7,552$1,180-$8,732
Other Expenses$3,079$4,206$670$7,955
Advertising$1,245$4,900-$6,145
Fees for Services Legal$672$3,529-$4,201
Pension Plan Contributions$3,183$875-$4,058
Total Functional Expenses$1,912,144$321,076$2,343$2,235,563

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,251,506
Expenses per Audited Statements$2,235,563
Total Expenses per Form 990$2,235,563
Expenses Not Reported on Form 990$15,943
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$57,957
Deferred Rent$24,286
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
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

A complete copy of the 990 is provided to the board for review.

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

The executive director and the board of directors monitor all activities for possible conflicts of interest. If any situation arises, the executive director and the board deal with it by following the procedures of their conflict of interest policy.

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

The executive director's salary is approved by the board of directors. It is based on comparable salaries of similar positions within the industry. The study and discussion of the amount is noted in the minutes of the board meetings.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bread of Life Ministries Inc
EIN
22-2717615
Phone
2076263434
Address
157 WATER STREET, AUGUSTA, ME 04330

Signing Officer

Name
Victoria Abbott
Title
Executive Director
Phone
2076263434
Signed
2025-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victoria Abbott
Formed
1984
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
9
Employees
34
Volunteers
23

Preparer

Firm
One River Cpas
Address
46 FIRSTPARK DRIVE, OAKLAND, ME 04963-5362
Preparer
Alison a Lorenz CPA
Phone
2078731603
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bread of life ministries feeds the hungry, shelters the homeless, and provides services that help people change their lives and take personal responsibility. God calls us to minister to one another and assist those in need.

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

Shelter - started in 1986, the homeless shelter offers a warm, welcoming, and safe facility to those needing shelter. There are currently 40 family shelter beds, 14 veteran shelter beds and 101 units of housing. Currently we see a mix of families, couples, single parents with children, and singles. -the family shelter accommodates 26 beds and there are unique occasions where we will put someone on the couch for a special need. We commonly see 8,700 bed days per year for occupancy. This number comes from adding up the number of beds that are filled each night for a calendar year. -our veterans' shelter accommodates 14 beds and all beds are filled in collaboration with togus medical center homless services. This means we cannot take veterans off the street and into the shelter without them first going through services at togus. We commonly see 4,500 bed nights per calendar year at the veterans shelter. -we have a total of 101 units of housing in the city of augusta and this is a combination of transitional, permanent and guest house/lodger accomodations. We have 48 units which are considered permanent housing and 12 units are identified as transitional housing apartments. We also have one building which is called a guest house/lodger and this building has 23 small units within it, and a second building offering 2 apartments and 2 suites for a total of 18 units in the building. Our current occupancy rate for our apartments are approx. 90%.

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

Soup kitchen - provides breakfast and noontime meals to the hungry, as well as a resource center. The kitchen provides counceling and other services to the homeless. The soup kitchen is more of a "full meal" kitchen in that it provides a complete, hot meal monday through friday throughout the year. The soup kitchen offers a small, but welcoming space to anyone seeking a hot meal, no questions asked. One paid staff person oversees the kitchen with the help of hundreds of volunteers. We offer take home meals for those who are homebound or who are unable to enter the soup kitchen setting. Through generous food donations from businesses and the community, we are able to share our donated food with other shelters, other area food banks, church food cupboards, and a partner shelter, the family violence project. The soup kitchen is open monday through friday for breakfast from 8:30am - 9:30am and lunch from 11am to 12:30 pm. Over 6,000 hours are volunteered each year helping with donation pickups, preparation, serving and cleaning. In 2023 bolm was able to provide over 33,000 high quality meals in our soup kitchen.

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

Community support - the center for life skills is a key component in a guest's transition from homelessness to stability in the community. Started in 2005 with a focus on vocational job skills, it has evolved to a multifaceted training and educational source for our guests. The facility is set up to accommodate classroom training, small group sessions or individual internet use for job searches, houseing searches, or access to other community services related to the transition from homelessness to stability. We are in the business of offering hope at bolm. Those who stay with us are connected to experienced case managers, who work with the whole persons and the varying elements that have led them to homelessness. Every staff member at bolm plays a role in supporting success with each client, by helping them to complete housing applications, search for employment and apartments, develop new life skills, access care for both their mental and physical health and we cheerlead each and every success. Bolm also supports the community through a benevolence program, which receives requests for many needs ranging from help with obtaining a birth certificate, to support with an apartment security deposit or the payment of an electrical bill. When reviewing a benevolence request, we look to see if our contribution will immediately rectify or impact the problem at hand and help that person get back on their feet.

Form 990, Part XI, Line 9

Beneficial interest in perpetual trust 3,262

Financial Statement Notes

Schedule D, Page 3, Part X

Income taxes - bread of life ministries, inc. Is exempt from federal income tax under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. Starting in 2024 the organization began renting a unit to a consignment shop which is subject to tax based on this unrelated business activity. For year ended december 31, 2024, the organization had federal and state tax liabilities of 0, respectively, on this unrelated business activity. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financials statements. In addition,bread of life ministries, inc. Qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(1). The organization's federal return of organizations exempt from income tax (form 990) are subject to examination by the irs, generally for three years after they were filed.

Schedule D, Page 4, Part XI, Line 2D

Beneficial interest in perpetual trust 3,262

Schedule D, Page 4, Part XI, Line 4B

Ubit: rental income -15,943

Schedule D, Page 4, Part XII, Line 2D

Ubit: rental expenses 15,943

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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/ProgSrvcAccomActy2Grp/Desc0SHELTER - STARTED IN 1986, THE HOMELESS SHELTER OFFERS A WARM, WELCOMING, AND SAFE FACILITY TO THOSE NEEDING SHELTER. THERE ARE CURRENTLY 40 FAMILY SHELTER BEDS, 14 VETERAN SHELTER BEDS AND 101 UNITS OF HOUSING. CURRENTLY WE SEE A MIX OF FAMILIES, COUPLES, SINGLE PARENTS WITH CHILDREN, AND SINGLES. -THE FAMILY SHELTER ACCOMMODATES 26 BEDS AND THERE ARE UNIQUE OCCASIONS WHERE WE WILL PUT SOMEONE ON THE COUCH FOR A SPECIAL NEED. WE COMMONLY SEE 8,700 BED DAYS PER YEAR FOR OCCUPANCY. THIS NUMBER COMES FROM ADDING UP THE NUMBER OF BEDS THAT ARE FILLED EACH NIGHT FOR A CALENDAR YEAR. -OUR VETERANS' SHELTER ACCOMMODATES 14 BEDS AND ALL BEDS ARE FILLED IN COLLABORATION WITH TOGUS MEDICAL CENTER HOMLESS SERVICES. THIS MEANS WE CANNOT TAKE VETERANS OFF THE STREET AND INTO THE SHELTER WITHOUT THEM FIRST GOING THROUGH SERVICES AT TOGUS. WE COMMONLY SEE 4,500 BED NIGHTS PER CALENDAR YEAR AT THE VETERANS SHELTER. -WE HAVE A TOTAL OF 101 UNITS OF HOUSING IN THE CITY OF AUGUSTA AND THIS IS A COMBINATION OF TRANSITIONAL, PERMANENT AND GUEST HOUSE/LODGER ACCOMODATIONS. WE HAVE 48 UNITS WHICH ARE CONSIDERED PERMANENT HOUSING AND 12 UNITS ARE IDENTIFIED AS TRANSITIONAL HOUSING APARTMENTS. WE ALSO HAVE ONE BUILDING WHICH IS CALLED A GUEST HOUSE/LODGER AND THIS BUILDING HAS 23 SMALL UNITS WITHIN IT, AND A SECOND BUILDING OFFERING 2 APARTMENTS AND 2 SUITES FOR A TOTAL OF 18 UNITS IN THE BUILDING. OUR CURRENT OCCUPANCY RATE FOR OUR APARTMENTS ARE APPROX. 90%.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SOUP KITCHEN - PROVIDES BREAKFAST AND NOONTIME MEALS TO THE HUNGRY, AS WELL AS A RESOURCE CENTER. THE KITCHEN PROVIDES COUNCELING AND OTHER SERVICES TO THE HOMELESS. THE SOUP KITCHEN IS MORE OF A "FULL MEAL" KITCHEN IN THAT IT PROVIDES A COMPLETE, HOT MEAL MONDAY THROUGH FRIDAY THROUGHOUT THE YEAR. THE SOUP KITCHEN OFFERS A SMALL, BUT WELCOMING SPACE TO ANYONE SEEKING A HOT MEAL, NO QUESTIONS ASKED. ONE PAID STAFF PERSON OVERSEES THE KITCHEN WITH THE HELP OF HUNDREDS OF VOLUNTEERS. WE OFFER TAKE HOME MEALS FOR THOSE WHO ARE HOMEBOUND OR WHO ARE UNABLE TO ENTER THE SOUP KITCHEN SETTING. THROUGH GENEROUS FOOD DONATIONS FROM BUSINESSES AND THE COMMUNITY, WE ARE ABLE TO SHARE OUR DONATED FOOD WITH OTHER SHELTERS, OTHER AREA FOOD BANKS, CHURCH FOOD CUPBOARDS, AND A PARTNER SHELTER, THE FAMILY VIOLENCE PROJECT. THE SOUP KITCHEN IS OPEN MONDAY THROUGH FRIDAY FOR BREAKFAST FROM 8:30AM - 9:30AM AND LUNCH FROM 11AM TO 12:30 PM. OVER 6,000 HOURS ARE VOLUNTEERED EACH YEAR HELPING WITH DONATION PICKUPS, PREPARATION, SERVING AND CLEANING. IN 2023 BOLM WAS ABLE TO PROVIDE OVER 33,000 HIGH QUALITY MEALS IN OUR SOUP KITCHEN.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY SUPPORT - THE CENTER FOR LIFE SKILLS IS A KEY COMPONENT IN A GUEST'S TRANSITION FROM HOMELESSNESS TO STABILITY IN THE COMMUNITY. STARTED IN 2005 WITH A FOCUS ON VOCATIONAL JOB SKILLS, IT HAS EVOLVED TO A MULTIFACETED TRAINING AND EDUCATIONAL SOURCE FOR OUR GUESTS. THE FACILITY IS SET UP TO ACCOMMODATE CLASSROOM TRAINING, SMALL GROUP SESSIONS OR INDIVIDUAL INTERNET USE FOR JOB SEARCHES, HOUSEING SEARCHES, OR ACCESS TO OTHER COMMUNITY SERVICES RELATED TO THE TRANSITION FROM HOMELESSNESS TO STABILITY. WE ARE IN THE BUSINESS OF OFFERING HOPE AT BOLM. THOSE WHO STAY WITH US ARE CONNECTED TO EXPERIENCED CASE MANAGERS, WHO WORK WITH THE WHOLE PERSONS AND THE VARYING ELEMENTS THAT HAVE LED THEM TO HOMELESSNESS. EVERY STAFF MEMBER AT BOLM PLAYS A ROLE IN SUPPORTING SUCCESS WITH EACH CLIENT, BY HELPING THEM TO COMPLETE HOUSING APPLICATIONS, SEARCH FOR EMPLOYMENT AND APARTMENTS, DEVELOP NEW LIFE SKILLS, ACCESS CARE FOR BOTH THEIR MENTAL AND PHYSICAL HEALTH AND WE CHEERLEAD EACH AND EVERY SUCCESS. BOLM ALSO SUPPORTS THE COMMUNITY THROUGH A BENEVOLENCE PROGRAM, WHICH RECEIVES REQUESTS FOR MANY NEEDS RANGING FROM HELP WITH OBTAINING A BIRTH CERTIFICATE, TO SUPPORT WITH AN APARTMENT SECURITY DEPOSIT OR THE PAYMENT OF AN ELECTRICAL BILL. WHEN REVIEWING A BENEVOLENCE REQUEST, WE LOOK TO SEE IF OUR CONTRIBUTION WILL IMMEDIATELY RECTIFY OR IMPACT THE PROBLEM AT HAND AND HELP THAT PERSON GET BACK ON THEIR FEET.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES - BREAD OF LIFE MINISTRIES, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. STARTING IN 2024 THE ORGANIZATION BEGAN RENTING A UNIT TO A CONSIGNMENT SHOP WHICH IS SUBJECT TO TAX BASED ON THIS UNRELATED BUSINESS ACTIVITY. FOR YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION HAD FEDERAL AND STATE TAX LIABILITIES OF 0, RESPECTIVELY, ON THIS UNRELATED BUSINESS ACTIVITY. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIALS STATEMENTS. IN ADDITION,BREAD OF LIFE MINISTRIES, INC. QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX (FORM 990) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BENEFICIAL INTEREST IN PERPETUAL TRUST 3,262
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UBIT: RENTAL INCOME -15,943
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3UBIT: RENTAL EXPENSES 15,943
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X

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