Civic Intelligence

Bread for the City Inc

EIN 52-1138207 • 501(c)3 • Washington, DC

View Organization Page

Profile

The mission of bread for the city, inc. (bfc) is to provide vulnerable residents of washington, dc with comprehensive services including food, clothing, medical care, legal and social services in an atmosphere of dignitiy and respect.

1525 7th Street NWWashington, DC 20001

www.breadforthecity.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.58x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

1.79x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

11th percentile

-18%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

35th percentile

$277,557

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

10th percentile

-7.8%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-9.5%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$59,215,321

Down $4,994,444 (-7.8%) from 2023

Liabilities

Down

$34,143,049

Down $1,496,135 (-4.2%) from 2023

Net Assets

Down

$25,072,272

Down $3,498,309 (-12%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin11th percentile

Revenue

Down

$19,021,377

Down $1,987,217 (-9.5%) from 2023

Expenses

Up

$22,522,523

Up $1,633,066 (+7.8%) from 2023

Net Income

Down

-$3,501,146

Down $3,620,283 (-3039%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$80M$60M$40M$20M$0Assets 2011: $15,626,853Liabilities 2011: $9,160,697Net Assets 2011: $6,466,1562011Assets 2012: $15,919,355Liabilities 2012: $9,452,974Net Assets 2012: $6,466,3812012Assets 2013: $16,408,215Liabilities 2013: $9,937,308Net Assets 2013: $6,470,9072013Assets 2014: $16,852,805Liabilities 2014: $10,358,716Net Assets 2014: $6,494,0892014Assets 2015: $16,909,088Liabilities 2015: $10,405,992Net Assets 2015: $6,503,0962015Assets 2016: $16,295,952Liabilities 2016: $9,911,624Net Assets 2016: $6,384,3282016Assets 2017: $20,974,186Liabilities 2017: $13,331,152Net Assets 2017: $7,643,0342017Assets 2018: $23,125,936Liabilities 2018: $7,255,209Net Assets 2018: $15,870,7272018Assets 2019: $37,325,673Liabilities 2019: $19,587,507Net Assets 2019: $17,738,1662019Assets 2020: $43,674,023Liabilities 2020: $20,976,191Net Assets 2020: $22,697,8322020Assets 2021: $63,140,475Liabilities 2021: $36,755,945Net Assets 2021: $26,384,5302021Assets 2022: $63,900,227Liabilities 2022: $35,450,202Net Assets 2022: $28,450,0252022Assets 2023: $64,209,765Liabilities 2023: $35,639,184Net Assets 2023: $28,570,5812023Assets 2024: $59,215,321Liabilities 2024: $34,143,049Net Assets 2024: $25,072,2722024

Highlighted filing

2024

Assets$59,215,321
Liabilities$34,143,049
Net Assets$25,072,272
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $6,298,322Expenses 2011: $6,314,155Net Income 2011: -$15,8332011Expenses 2012: $7,363,7022012Expenses 2013: $8,638,4712013Revenue 2014: $8,963,760Expenses 2014: $8,940,578Net Income 2014: $23,1822014Revenue 2015: $9,841,784Expenses 2015: $9,832,777Net Income 2015: $9,0072015Revenue 2016: $10,954,943Expenses 2016: $11,073,711Net Income 2016: -$118,7682016Revenue 2017: $14,042,365Expenses 2017: $12,783,659Net Income 2017: $1,258,7062017Revenue 2018: $19,798,532Expenses 2018: $11,570,839Net Income 2018: $8,227,6932018Revenue 2019: $17,099,089Expenses 2019: $15,231,650Net Income 2019: $1,867,4392019Revenue 2020: $18,376,520Expenses 2020: $13,423,691Net Income 2020: $4,952,8292020Revenue 2021: $25,115,951Expenses 2021: $21,587,449Net Income 2021: $3,528,5022021Revenue 2022: $23,496,822Expenses 2022: $21,143,522Net Income 2022: $2,353,3002022Revenue 2023: $21,008,594Expenses 2023: $20,889,457Net Income 2023: $119,1372023Revenue 2024: $19,021,377Expenses 2024: $22,522,523Net Income 2024: -$3,501,1462024

Highlighted filing

2024

Revenue$19,021,377
Expenses$22,522,523
Net Income-$3,501,146
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$59,215,321
Liabilities
$34,143,049
Net assets
$25,072,272
Revenue
$19,021,377
Expenses
$22,522,523
Net income
-$3,501,146
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.2$34.1$25.1$19.0$22.5$3.50
2023Summary only. Only limited summary data is available for this year.$64.2$35.6$28.6$21.0$20.9$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.9$35.5$28.5$23.5$21.1$2.35
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.1$36.8$26.4$25.1$21.6$3.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.7$21.0$22.7$18.4$13.4$4.95
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.3$19.6$17.7$17.1$15.2$1.87
2018Summary only. Only limited summary data is available for this year.$23.1$7.26$15.9$19.8$11.6$8.23
2017Summary only. Only limited summary data is available for this year.$21.0$13.3$7.64$14.0$12.8$1.26
2016Detailed filing. Detailed filing data is available for this year.$16.3$9.91$6.38$11.0$11.1$0.12
2015Detailed filing. Detailed filing data is available for this year.$16.9$10.4$6.50$9.84$9.83$0.01
2014Detailed filing. Detailed filing data is available for this year.$16.9$10.4$6.49$8.96$8.94$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$9.94$6.47$8.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$9.45$6.47$7.36
2011Summary only. Only limited summary data is available for this year.$15.6$9.16$6.47$6.30$6.31$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 10, 2025
Return Version
2023v6.0
Gross Receipts
$19,021,377
Mission and Program Overview

Mission

The mission of bread for the city is to help washington, d.c. Residents living with low income to develop the power to determine the future of their own communities. The organization provides food, clothing, medical are, and legal and social services to reduce the burden of poverty. Bfc seeks justice through community organizing and public advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,443,627$24,994,566▼ $449,061
Other Notes and Loans Receivable, Net$16,026,851$16,026,851→ $0
Savings and Temporary Cash Investments$13,557,671$11,068,714▼ $2,488,957
Pledges and Grants Receivable$2,648,945$2,038,607▼ $610,338
Accounts Receivable$777,331$210,149▼ $567,182
Investments in Publicly Traded Securities$86,642$21,748▼ $64,894
Total Assets$64,209,765$59,215,321▼ $4,994,444
Other Assets Total$5,668,698$4,854,686▼ $814,012
Liabilities
Other Liabilities$24,821,787$24,352,254▼ $469,533
Escrow Account Liability$5,177,966$4,546,856▼ $631,110
Accounts Payable and Accrued Expenses$2,384,825$2,583,939▲ $199,114
Mortgage Notes Payable Secured by Investment Property$2,520,000$2,160,000▼ $360,000
Deferred Revenue$734,606$500,000▼ $234,606
Total Liabilities$35,639,184$34,143,049▼ $1,496,135
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,486,861$22,734,207▼ $3,752,654
Net Assets With Donor Restrictions$2,083,720$2,338,065▲ $254,345
Total Net Assets Fund Balance$28,570,581$25,072,272▼ $3,498,309
Total Liabilities and Net Assets / Fund Balance$64,209,765$59,215,321▼ $4,994,444

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,576,155$4,729,067$29,305,222
Equipment-$1,418,556$1,418,556
Land$414,325-$414,325
Other Land Buildings-$264,972$264,972
Leasehold Improvements$4,086$151,742$155,828
Other Assets Org$13,730--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$112,583---$112,583
2021$112,583---$112,583
2020$112,083$500--$112,583
2019$101,072$11,011--$112,083
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
George JonesCEOFT$252,102$25,455$277,557
Ashley DommChief DevelFT$196,965$17,460$214,425
Ashley DommChief Devel Officer-$196,965$17,460$214,425
Fatou ToureCFOFT$196,965$5,117$202,082
Monroe ToshiraChief OperatFT$169,950$15,041$184,991
Monroe ToshiraChief Operating Ofcr-$169,950$15,041$184,991
Mahogany S ThomasChief PrograFT$169,950$9,043$178,993
Mahogany S ThomasChief Program Ofcer-$169,950$9,043$178,993

Board Members and Trustees

NameTitle
Jonathan FeePresident
Courtney DoweDirector
Cynthia SmithDirector
Gail KnightDirector
Harold ValentineDirector
Jeronda HiltonDirector
Joan JacksonDirector
Maja RasheedDirector
Marnette ChaseDirector
Michael BlueDirector
Natalie RandolphDirector
Patrice AliDirector
Patricia NeumanDirector
Paul TaskierDirector
Robert LassiterDirector
Rosalind Roz CohenDirector
Sheila LinkDirector
Charmaine LangfordSecretary
Derek ThomasTreasurer
Mark AronVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$15,479,389
Program Service Revenue
$2,550,190
Investment Income
$991,798
Other Revenue
$0
All Other Contributions
$10,114,450
Change in Net Assets
$-3,501,146

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,021,377
Revenue Not Reported on Form 990
$4,417,772
Total Revenue per Audited Statements
$23,439,149
Total Revenue per Form 990
$19,021,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,939,283
Other Expenses$8,583,240
Total Fundraising Expense$2,523,853
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,763,581$1,847,246$868,302$11,479,129
Other Employee Benefits$1,077,074-$124,180$1,201,254
Fees for Services Other$833,885$43,425$281,095$1,158,405
Occupancy$772,468$162,658$93,301$1,028,427
Payroll Taxes$687,153$104,333$73,322$864,808
Depreciation Depletion$441,146$296,516$38,105$775,767
All Other Expenses$1,432,028$-1,005,976$328,340$754,392
Information Technology$392,091$329,106$29,046$750,243
Pension Plan Contributions$209,962$155,055$29,075$394,092
Other Expenses$358,627$347,761$60,334$358,627
Office Expenses$174,953$84,349$22,099$281,401
Insurance$11,897$99,376-$111,273
Travel$63,279$24,457$13,080$100,816
Conferences and Meetings$39,737$45,119$7,058$91,914
Advertising$5,953$5,105$2,221$13,279
Total Functional Expenses$17,460,140$2,538,530$2,523,853$22,522,523

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$26,937,455
Expenses per Audited Statements$22,522,523
Total Expenses per Form 990$22,522,523
Expenses Not Reported on Form 990$4,414,932
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$336,937---
Total Events$336,937---
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
Mark and Cinty AronDirectorContributionNo$157,015
Derek ThomasDirectorContributionNo$35,535
Jonathan FeeDirectorContributionNo$34,309
Perry Pockros and Patricia NeumanDirectorContributionNo$12,006
Paul TaskierDirectorContributionNo$4,030
Sheila LinkDirectorContributionNo$1,012
Robert LassiterDirectorContributionNo$153
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Bread Inc$24,334,807
Lease Obligations$17,447
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 tax return is reviewed by the board. If the board is unable to review the tax return, it is reviewed and approved by the chief financial officer.”

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

“The board of directors routinely makes decisions about the use of bfc resources. Before beginning their term on the board, all board members must sign a conflict of interest statement disclosing all personal and professional affiliations that might influence their objectivity.”

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

“The process for determining compensation for the ceo is done through the board of directors by comparing and sharing data about salaries with other same/similar industry leaders”

Form 990, Page 6, Part VI, Line 19

“The organization makes its public documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Bread for the City Inc
EIN
52-1138207
Phone
2022652400
Address
1525 7TH STREET NW, WASHINGTON, DC 20001

Signing Officer

Name
Rasheedah Al-mahdi
Title
CFO
Phone
2022652400
Signed
2025-12-10

Organization Details

Principal Officer
George Jones
Formed
1978
Legal Domicile
Dc
Voting Board Members
20
Independent Board Members
20
Employees
165
Volunteers
8,640

Preparer

Firm
Bert Smith & Co
Address
1090 VERMONT AVE NW STE 920, WASHINGTON, DC 20005-2125
Preparer
Stephanie Lane CPA
Phone
2023935600
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

“The tax return was amended to include a board member in the 990 form.”

FORM 990 - ORGANIZATION'S MISSION

“The mission of bread for the city is to help washington, d.c. Residents living with low income to develop the power to determine the future of their own communities. The organization provides food, clothing, medical are, and legal and social services to reduce the burden of poverty. Bfc seeks justice through community organizing and public advocacy.”

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

“OTHER PROGRAMS”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is a nonprofit corporation under section 501(c)(3) of the internal revenue service and is generally exempt from federal, state, and local incoe taxes. As of june 30,2024, management has assessed its various tax positions and had no unrecognized tax positions or uncertain tax positions requiring accrual.”

Raw XML AppendixShowing 400 of 691 raw XML fields

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/MissionDesc0THE MISSION OF BREAD FOR THE CITY IS TO HELP WASHINGTON, D.C. RESIDENTS LIVING WITH LOW INCOME TO DEVELOP THE POWER TO DETERMINE THE FUTURE OF THEIR OWN COMMUNITIES. THE ORGANIZATION PROVIDES FOOD, CLOTHING, MEDICAL ARE, AND LEGAL AND SOCIAL SERVICES TO REDUCE THE BURDEN OF POVERTY. BFC SEEKS JUSTICE THROUGH COMMUNITY ORGANIZING AND PUBLIC ADVOCACY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0SOCIAL SERVICES- THE BREAD FOR THE CITY PROVIDE A WIDE RANGE OF CONSELING, REFERRAL, AND CASE MANAGEMENT SERVICES. IT HELPS CLIENT APPLY FOR PUBLIC BENEFITS, INCLUDING SSI, FOOD STAMPS, AND HOUSING.

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