Civic Intelligence

Our Daily Bread Inc.

990 • Fiscal year 2018 • EIN 61-1698166

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

300 West Oak StreetDenton, TX 76201

(940) 387-8563

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

62nd percentile

7.8%

Higher net margin than 62% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$70,064

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

54th percentile

2.1%

Faster asset growth than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-16%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$854,537

Up $17,367 (+2.1%) from 2017

Net Assets

Up

$837,894

Up $43,045 (+5.4%) from 2017

Liabilities

Down

$16,643

Down $25,678 (-61%) from 2017

Revenue

Down

$1,034,759

Down $199,939 (-16%) from 2017

Expenses

Down

$954,037

Down $242,593 (-20%) from 2017

Net Income

Up

$80,722

Up $42,654 (+112%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $201,455Liabilities 2013: $15,244Net Assets 2013: $186,2112013Assets 2014: $432,165Liabilities 2014: $31,620Net Assets 2014: $400,5452014Assets 2015: $749,734Liabilities 2015: $36,885Net Assets 2015: $712,8492015Assets 2016: $739,526Liabilities 2016: $37,870Net Assets 2016: $701,6562016Assets 2017: $837,170Liabilities 2017: $42,321Net Assets 2017: $794,8492017Assets 2018: $854,537Liabilities 2018: $16,643Net Assets 2018: $837,8942018Assets 2019: $837,116Liabilities 2019: $23,866Net Assets 2019: $813,2502019Assets 2020: $1,621,005Liabilities 2020: $17,107Net Assets 2020: $1,603,8982020Assets 2021: $1,324,304Liabilities 2021: $3,897Net Assets 2021: $1,320,4072021Assets 2022: $1,677,235Liabilities 2022: $15,222Net Assets 2022: $1,662,0132022Assets 2023: $1,680,891Liabilities 2023: $0Net Assets 2023: $1,680,8912023Assets 2024: $1,429,996Liabilities 2024: $29,961Net Assets 2024: $1,400,0352024

Highlighted filing

2018

Assets$854,537
Liabilities$16,643
Net Assets$837,894

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $827,764Expenses 2013: $641,553Net Income 2013: $186,2112013Revenue 2014: $1,015,009Expenses 2014: $797,112Net Income 2014: $217,8972014Revenue 2015: $1,097,859Expenses 2015: $799,294Net Income 2015: $298,5652015Revenue 2016: $708,549Expenses 2016: $726,008Net Income 2016: -$17,4592016Revenue 2017: $1,234,698Expenses 2017: $1,196,630Net Income 2017: $38,0682017Revenue 2018: $1,034,759Expenses 2018: $954,037Net Income 2018: $80,7222018Revenue 2019: $1,287,834Expenses 2019: $1,312,478Net Income 2019: -$24,6442019Revenue 2020: $2,783,713Expenses 2020: $1,993,065Net Income 2020: $790,6482020Revenue 2021: $2,473,422Expenses 2021: $2,756,913Net Income 2021: -$283,4912021Revenue 2022: $3,264,917Expenses 2022: $2,923,311Net Income 2022: $341,6062022Revenue 2023: $3,472,448Expenses 2023: $3,453,570Net Income 2023: $18,8782023Revenue 2024: $3,744,645Expenses 2024: $4,025,501Net Income 2024: -$280,8562024

Highlighted filing

2018

Revenue$1,034,759
Expenses$954,037
Net Income$80,722
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$1,055,318
Mission and Program Overview

Mission

Our Daily Bread feeds, shelters, and cares for the homeless and at-risk in our community while maintaining the dignity of our guests and offering opportunities for a new start.

Our Daily Bread feeds and cares for the homeless and at-risk in our community while maintaining the dignity of our guests and offering opportunities for a new start.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$568,081$574,893▲ $6,812
Cash and Non-Interest-Bearing Accounts$209,822$157,679▼ $52,143
Inventories for Sale or Use$21,237$61,772▲ $40,535
Land, Buildings, and Equipment, Net$27,690$47,040▲ $19,350
Prepaid Expenses and Deferred Charges$10,340$7,419▼ $2,921
Accounts Receivable-$5,734-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$837,170$854,537▲ $17,367
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$13,284$13,657▲ $373
Deferred Revenue$29,037$2,985▼ $26,052
Other Liabilities-$1-
Total Liabilities$42,321$16,643▼ $25,678
Net Assets / Fund Balance
Unrestricted Net Assets$794,849$837,894▲ $43,045
Total Net Assets Fund Balance$794,849$837,894▲ $43,045
Total Liabilities and Net Assets / Fund Balance$837,170$854,537▲ $17,367

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,074$6,815-
Equipment$35,755$22,155-
Leasehold Improvements$7,211$952-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wendy McGeeExecutive DirectorFT$70,064$70,064

Board Members and Trustees

NameTitle
Kristina BledsoePast President
Emily TaylorPresident
Angela GrubkeVice President
Jim BiggerstaffDirector
Kathi SaleDirector
Kim ReedDirector
Kit McRaeDirector
Lou KoromDirector
Mike FamiglettiDirector
Nathaniel DearsDirector
Rachel LeMayDirector
Shannon BryanDirector
Veronica BassDirector
Rev Lisa PattersonSecretary
Dale TampkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$884,171
Program Service Revenue
$0
Investment Income
$19,223
Other Revenue
$131,365
All Other Contributions
$884,171
Change in Net Assets
$80,722

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 Inventory1$578,341Fair Market Value (FMV)
Total Noncash Contributions1$578,341-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$718,348
Salaries, Compensation, and Employee Benefits$235,689
Total Fundraising Expense$22,301
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$149,820$10,942$4,863$165,625
Current Officers, Directors, Trustees, and Key Employees$24,522$31,529$14,013$70,064
Occupancy$48,810$5,742$2,871$57,423
Other Expenses$13,486--$13,486
Depreciation Depletion$10,803$179-$10,982
All Other Expenses$2,916$6,676-$9,592
Insurance$6,648$1,845-$8,493
Office Expenses$1,103$5,597$554$7,254
Fees for Services Accounting-$6,144-$6,144
Total Functional Expenses$863,082$68,654$22,301$954,037
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$151,924
Fundraising Direct Expenses$20,559
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Heart for the Hungary Banquet$151,924$151,924$20,559$131,365
Total Events$151,924$151,924$20,559$131,365
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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, Part VI, Line 11B: Form 990 Review Process

Treasurer reviews 990

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members review policy.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Upon Request

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request

Filing and Contact Details

Filer

Filer Name
Our Daily Bread Inc
EIN
61-1698166
Phone
9403878563
Address
300 WEST OAK STREET, DENTON, TX 76201

Signing Officer

Name
Wendy McGee
Title
Executive Director
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
11
Volunteers
500

Preparer

Firm
Hankins Eastup Deaton Tonn & Seay
Address
902 N LOCUST ST, DENTON, TX 76201
Preparer
Robert D Seay
Phone
9403878563
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt020559
IRS990/FundraisingGrossIncomeAmt0151924
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01055318
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01845
IRS990/InsuranceGrp/ProgramServicesAmt06648
IRS990/InsuranceGrp/TotalAmt08493
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt021237
IRS990/InventoriesForSaleOrUseGrp/EOYAmt061772
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt019223
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019223
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt029922
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027690
IRS990/LandBldgEquipBasisNetGrp/EOYAmt047040
IRS990/LandBldgEquipCostOrOtherBssAmt076962
IRS990/LegalDomicileStateCd0TX
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Our Daily Bread feeds and cares for the homeless and at-risk in our community while maintaining the dignity of our guests and offering opportunities for a new start.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0794849
IRS990/NetAssetsOrFundBalancesEOYAmt0837894
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0131365
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-37677
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0578341
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt02871
IRS990/OccupancyGrp/ManagementAndGeneralAmt05742
IRS990/OccupancyGrp/ProgramServicesAmt048810
IRS990/OccupancyGrp/TotalAmt057423
IRS990/OfficeExpensesGrp/FundraisingAmt0554
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05597
IRS990/OfficeExpensesGrp/ProgramServicesAmt01103
IRS990/OfficeExpensesGrp/TotalAmt07254
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0FOOD and Prep
IRS990/OtherExpensesGrp/Desc1Client services
IRS990/OtherExpensesGrp/Desc2SECURITY
IRS990/OtherExpensesGrp/Desc3Kitchen supplies
IRS990/OtherExpensesGrp/ProgramServicesAmt0523414
IRS990/OtherExpensesGrp/ProgramServicesAmt143528
IRS990/OtherExpensesGrp/ProgramServicesAmt238032
IRS990/OtherExpensesGrp/ProgramServicesAmt313486
IRS990/OtherExpensesGrp/TotalAmt0523414
IRS990/OtherExpensesGrp/TotalAmt143528
IRS990/OtherExpensesGrp/TotalAmt238032
IRS990/OtherExpensesGrp/TotalAmt313486
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04863
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010942
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0149820
IRS990/OtherSalariesAndWagesGrp/TotalAmt0165625
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010340
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07419
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Our Service program provides assistance to clients in obtaining social services, job search and maintaining contact with family.Referrals to other social service agencies, for medical care, prescriptions, clothing, housing assistance, utility assistance, etc., averaging over 1,100 per monthComputer use for job searches and to keep in touch with familyFree Long distance and local telephone service for clientsMail Address service including receiving, sorting, and distribution of mail to clients, currently serving 409 homelessOn-site Medical/Nursing services provided 3 times per week by a physician and registered nurses, who monitor blood pressure, give flu immunizations, provide diabetes counseling, and provide illness care, including prescriptions Application assistance for SNAP, CHIPS-Medicaid for Children, MHMR Connections and other programs as needed. SNAP representative on site two days per week.Financial assistance to help clients receive Texas Department of Public Safety Identification CardsOn-site representatives from multiple social services agencies such as: Catholic Charities Saint JosephsWeekend snack pack program for the homeless, includes summer menus developed by the TWU Nutrition department, as well as winter Meals Ready to EatHygiene items which are available as requested by clients, providing an average of 2,500 items per month
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0137133
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01149404
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt017570
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0994326
IRS990/PYOtherRevenueAmt067724
IRS990/PYRevenuesLessExpensesAmt038068
IRS990/PYSalariesCompEmpBnftPaidAmt0202304
IRS990/PYTotalExpensesAmt01196630
IRS990/PYTotalRevenueAmt01234698
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt080722
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0568081
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0574893
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0884171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01149404
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0641142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01053290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0967582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04695589
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019223
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016413
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02827
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0311
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt056344
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98810
IRS990ScheduleA/PublicSupportPY170Pct00.99210
IRS990ScheduleA/PublicSupportTotal170Amt04695589
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0884171
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01149404
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0641142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01053290
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0967582

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