Civic Intelligence

Panera Bread Foundation Inc.

990 • Fiscal year 2023 • EIN 43-1950869

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 14, 2024

1400 South Highway Drive Suite 100Fenton, MO 63026

(314) 984-1000

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

9th percentile

-39%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-7.4%

Faster revenue growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,698,313

Down $564,357 (-17%) from 2022

Net Assets

Down

$2,698,313

Down $564,357 (-17%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$1,460,052

Down $117,226 (-7.4%) from 2022

Expenses

Up

$2,024,409

Up $1,470,343 (+265%) from 2022

Net Income

Down

-$564,357

Down $1,587,569 (-155%) from 2022

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $2,617,743Liabilities 2010: $498,402Net Assets 2010: $2,119,3412010Assets 2011: $5,218,863Liabilities 2011: $2,383,052Net Assets 2011: $2,835,8112011Assets 2012: $4,964,981Liabilities 2012: $1,640,980Net Assets 2012: $3,324,0012012Assets 2013: $6,283,613Liabilities 2013: $2,743,221Net Assets 2013: $3,540,3922013Assets 2014: $5,803,015Liabilities 2014: $3,567,488Net Assets 2014: $2,235,5272014Assets 2015: $1,665,354Liabilities 2015: $2,059,828Net Assets 2015: -$394,4742015Assets 2016: $1,836,017Liabilities 2016: $2,432,897Net Assets 2016: -$596,8802016Assets 2017: $924,440Liabilities 2017: $2,072,572Net Assets 2017: -$1,148,1322017Assets 2018: $673,531Liabilities 2018: $2,289,165Net Assets 2018: -$1,615,6342018Assets 2019: $584,983Liabilities 2019: $2,309,652Net Assets 2019: -$1,724,6692019Assets 2020: $2,489,270Liabilities 2020: $0Net Assets 2020: $2,489,2702020Assets 2021: $2,239,458Liabilities 2021: $0Net Assets 2021: $2,239,4582021Assets 2022: $3,262,670Liabilities 2022: $0Net Assets 2022: $3,262,6702022Assets 2023: $2,698,313Liabilities 2023: $0Net Assets 2023: $2,698,3132023Assets 2024: $1,449,882Liabilities 2024: $2,700Net Assets 2024: $1,447,1822024

Highlighted filing

2023

Assets$2,698,313
Liabilities$0
Net Assets$2,698,313

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $2,646,294Expenses 2010: $2,785,928Net Income 2010: -$139,6342010Revenue 2011: $7,162,416Expenses 2011: $6,445,946Net Income 2011: $716,4702011Revenue 2012: $7,716,664Expenses 2012: $7,228,474Net Income 2012: $488,1902012Revenue 2013: $10,914,345Expenses 2013: $10,697,954Net Income 2013: $216,3912013Revenue 2014: $9,034,700Expenses 2014: $10,339,565Net Income 2014: -$1,304,8652014Revenue 2015: $6,065,790Expenses 2015: $8,695,791Net Income 2015: -$2,630,0012015Revenue 2016: $4,286,880Expenses 2016: $4,489,286Net Income 2016: -$202,4062016Revenue 2017: $2,162,715Expenses 2017: $2,713,967Net Income 2017: -$551,2522017Revenue 2018: $1,280,168Expenses 2018: $1,747,640Net Income 2018: -$467,4722018Revenue 2019: $198,089Expenses 2019: $307,154Net Income 2019: -$109,0652019Revenue 2020: $4,208,970Expenses 2020: $735Net Income 2020: $4,208,2352020Revenue 2021: $229Expenses 2021: $250,041Net Income 2021: -$249,8122021Revenue 2022: $1,577,278Expenses 2022: $554,066Net Income 2022: $1,023,2122022Revenue 2023: $1,460,052Expenses 2023: $2,024,409Net Income 2023: -$564,3572023Revenue 2024: $1,022,020Expenses 2024: $2,273,151Net Income 2024: -$1,251,1312024

Highlighted filing

2023

Revenue$1,460,052
Expenses$2,024,409
Net Income-$564,357
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 14, 2024
Return Version
2023v5.1
Gross Receipts
$1,460,052
Mission and Program Overview

Mission

We support and strengthens our communities by investing in underserved and at-risk children and youth to become leaders.

Panera Bread Foundation, Inc. supports and strengthens our communities by investing in underserved and at-risk children and youth to become leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,112,917$2,574,578▼ $538,339
Accounts Receivable$124,753$98,735▼ $26,018
Cash and Non-Interest-Bearing Accounts$25,000$25,000→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,262,670$2,698,313▼ $564,357
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,262,670$2,698,313▼ $564,357
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$3,262,670$2,698,313▼ $564,357
Total Liabilities and Net Assets / Fund Balance$3,262,670$2,698,313▼ $564,357
Compensation and Service Providers

Board Members and Trustees

NameTitle
Debbie RobertsPresident
Casey MarshDirector
Drayton MartinDirector
Marlene M GordonDirector
Paul SaberDirector
Roland OrnelasDirector
Kathleen B StevensSecretary
Mark D WooldridgeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,343,517
Program Service Revenue
$0
Investment Income
$116,535
Other Revenue
$0
All Other Contributions
$1,343,517
Change in Net Assets
$-564,357

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,460,052
Revenue Not Reported on Form 990
$44,307
Total Revenue per Audited Statements
$1,504,359
Total Revenue per Form 990
$1,460,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,000,000
Other Expenses$24,409
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,000,000--$2,000,000
Fees for Services Legal-$21,821$0$21,821
Other Expenses-$2,588-$2,588
Total Functional Expenses$2,000,000$24,409$0$2,024,409

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,068,716
Expenses per Audited Statements$2,024,409
Total Expenses per Form 990$2,024,409
Expenses Not Reported on Form 990$44,307
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Achieve Miami IncCoral Gables, FL--$150,000
Boys & Girls Clubs of Greater HoustonHouston, TX--$150,000
Take Stock in Children Palm Beach CountyWest Palm Beach, FL--$150,000
An Achievable DreamNewport News, VA--$125,000
Boys & Girls Clubs of the Coastal PlainWinterville, NC--$125,000
Breakthrough Cincinnati IncCincinnati, OH--$100,000
Foundation for a College EducationEast Palo Alto, CA--$100,000
Road to HireFort Mill, SC--$100,000
Boys & Girls Clubs of Sarasota and DeSoto CountiesSarasota, FL--$75,000
Boys Hope Girls Hope of St LouisRichmond Heights, MO--$75,000
Girls Inc of Alameda CountyOakland, CA--$75,000
Quad County Urban League IncAurora, IL--$75,000
Big Brothers Big Sisters of Long IslandWestbury, NY--$50,000
Big Brothers Big Sisters of Southwest LouisianaLake Charles, LA--$50,000
Bottom LineJamaica Plain, MA--$50,000
College AIM IncAtlanta, GA--$50,000
College VisionsProvidence, RI--$50,000
Geeking Out Kids of ColorSeattle, WA--$50,000
Girls Inc of the Pacific NorthwestPortland, OR--$50,000
Minds Matter ColoradoDenver, CO--$50,000
Oasis - A Haven for Women and ChildrenPaterson, NJ--$50,000
STEER for Student AthletesPort Chester, NY--$50,000
Big Brothers Big Sisters of Palm Beach and MartinWest Palm Beach, FL--$25,000
Boys & Girls Clubs of ChattanoogaChattanooga, TN--$25,000
Boys & Girls Clubs of ChicagoChicago, IL--$25,000
College PossiblePortland, OR--$25,000
GirlForwardChicago, IL--$25,000
Institute for Community LeadershipKent, WA--$25,000
Life Pieces To MasterpiecesWashington, DC--$25,000
Tulsa Girls Art SchoolTulsa, OK--$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Panera Bread Company Subsidiaries----

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section C, Line 19

The organization makes all necessary documents, policies, and financial statements available to the public upon request. Ending Book Value -0-

Part VI, Section A, Line 2

The directors are either employees of Panera Bread Company or have a business relationship with Panera Bread Company.

Filing and Contact Details

Filer

Filer Name
Panera Bread Foundation Inc
EIN
43-1950869
In Care Of
% MARK WOOLDRIDGE
Phone
3149841000
Address
1400 South Highway Drive Suite 100, Fenton, MO 63026

Signing Officer

Name
Brock Reichart
Title
Director, Tax
Phone
3149841000
Signed
2024-10-14

Organization Details

Principal Officer
Debbie Roberts
Formed
2002
Legal Domicile
Mo
Voting Board Members
7
Independent Board Members
0
Employees
0
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IRS990/MissionDesc0WE SUPPORT AND STRENGTHEN OUR COMMUNITIES BY INVESTING IN UNDERSERVED AND AT-RISK CHILDREN AND YOUTH TO BECOME LEADERS.
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IRS990/PrincipalOfficerNm0Debbie Roberts
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IRS990ScheduleI/RecipientTable/CashGrantAmt375000
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IRS990ScheduleI/RecipientTable/CashGrantAmt925000
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IRS990ScheduleI/RecipientTable/CashGrantAmt1250000
IRS990ScheduleI/RecipientTable/CashGrantAmt1325000
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IRS990ScheduleI/RecipientTable/CashGrantAmt27125000
IRS990ScheduleI/RecipientTable/CashGrantAmt2850000
IRS990ScheduleI/RecipientTable/CashGrantAmt2925000
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Big Brothers Big Sisters of Long Island
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Big Brothers Big Sisters of Southwest Louisiana
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Boys & Girls Clubs of Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Girls Inc of Alameda County
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Quad County Urban League Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Foundation for a College Education
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Minds Matter Colorado
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Life Pieces To Masterpieces
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8Achieve Miami Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Big Brothers Big Sisters of Palm Beach and Martin
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Boys & Girls Clubs of Sarasota and DeSoto Counties
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11Take Stock in Children Palm Beach County
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12College AIM Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13GirlForward
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14Bottom Line
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15Boys Hope Girls Hope of St Louis
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16Boys & Girls Clubs of the Coastal Plain
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17Oasis - A Haven for Women and Children
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18STEER for Student Athletes
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19Breakthrough Cincinnati Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20Tulsa Girls Art School

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$1.02$2.27$1.25
2023Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.70$1.46$2.02$0.56
2022Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$1.58$0.55$1.02
2021Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.00$0.25$0.25
2020Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$4.21$0.00$4.21
2019Detailed filing. Detailed filing data is available for this year.$0.58$2.31$1.72$0.20$0.31$0.11
2018Summary only. Only limited summary data is available for this year.$0.67$2.29$1.62$1.28$1.75$0.47
2017Summary only. Only limited summary data is available for this year.$0.92$2.07$1.15$2.16$2.71$0.55
2016Summary only. Only limited summary data is available for this year.$1.84$2.43$0.60$4.29$4.49$0.20
2015Summary only. Only limited summary data is available for this year.$1.67$2.06$0.39$6.07$8.70$2.63
2014Summary only. Only limited summary data is available for this year.$5.80$3.57$2.24$9.03$10.3$1.30
2013Summary only. Only limited summary data is available for this year.$6.28$2.74$3.54$10.9$10.7$0.22
2012Summary only. Only limited summary data is available for this year.$4.96$1.64$3.32$7.72$7.23$0.49
2011Summary only. Only limited summary data is available for this year.$5.22$2.38$2.84$7.16$6.45$0.72
2010Summary only. Only limited summary data is available for this year.$2.62$0.50$2.12$2.65$2.79$0.14