Civic Intelligence

Our Daily Bread Inc.

990 • Fiscal year 2019 • EIN 61-1698166

Jan 01, 2019 to Dec 31, 2019 • Filed on Jan 14, 2021

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

37th percentile

0.03x

Higher debt load relative to assets than 37% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

33rd percentile

-1.9%

Higher net margin than 33% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$71,708

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

31st percentile

-2.0%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

24%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$837,116

Down $17,421 (-2.0%) from 2018

Net Assets

Down

$813,250

Down $24,644 (-2.9%) from 2018

Liabilities

Up

$23,866

Up $7,223 (+43%) from 2018

Revenue

Up

$1,287,834

Up $253,075 (+24%) from 2018

Expenses

Up

$1,312,478

Up $358,441 (+38%) from 2018

Net Income

Down

-$24,644

Down $105,366 (-131%) from 2018

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

2019

Assets$837,116
Liabilities$23,866
Net Assets$813,250

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

2019

Revenue$1,287,834
Expenses$1,312,478
Net Income-$24,644
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 14, 2021
Return Version
2019v5.0
Gross Receipts
$1,307,169
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$574,893$614,227▲ $39,334
Cash and Non-Interest-Bearing Accounts$157,679$73,260▼ $84,419
Inventories for Sale or Use$61,772$65,104▲ $3,332
Land, Buildings, and Equipment, Net$47,039$53,447▲ $6,408
Prepaid Expenses and Deferred Charges$7,419$15,969▲ $8,550
Accounts Receivable$5,734$15,109▲ $9,375
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$854,536$837,116▼ $17,420
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$13,657$16,766▲ $3,109
Deferred Revenue$2,985$7,100▲ $4,115
Total Liabilities$16,642$23,866▲ $7,224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$837,894$813,250▼ $24,644
Total Net Assets Fund Balance$837,894$813,250▼ $24,644
Total Liabilities and Net Assets / Fund Balance$854,536$837,116▼ $17,420

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,504$8,385-
Equipment$44,922$34,650-
Leasehold Improvements$6,021$2,142-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wendy McGeeExecutive DirectorFT$71,708$71,708

Board Members and Trustees

NameTitle
Emily TaylorPresident
Angela GrubkeVice President
Dale TampkeDirector
Jack AckermanDirector
Jim BiggerstaffDirector
John FrankeDirector
Kathi SaleDirector
Kit McRaeDirector
Lou KoromDirector
Mike FamiglettiDirector
Nathaniel DearsDirector
Shannon BryanDirector
Veronica BassDirector
Rev Lisa PattersonSecretary
Mike ReinerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,176,153
Program Service Revenue
$0
Investment Income
$64,235
Other Revenue
$47,446
All Other Contributions
$1,176,153
Change in Net Assets
$-24,644

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$717,741Fair Market Value (FMV)
Total Noncash Contributions1$717,741-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$941,992
Salaries, Compensation, and Employee Benefits$370,486
Total Fundraising Expense$31,163
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$182,962$79,979-$262,941
Current Officers, Directors, Trustees, and Key Employees$25,098$32,268$14,342$71,708
Occupancy$52,286$7,511$3,076$62,873
Payroll Taxes$14,842$7,247-$22,089
Other Employee Benefits$9,211$4,537-$13,748
Other Expenses$43,452-$13,745$13,745
Office Expenses-$11,162-$11,162
Depreciation Depletion$10,432--$10,432
Insurance$7,242$1,811-$9,053
Fees for Services Accounting-$7,748-$7,748
All Other Expenses$422$4,968-$5,390
Total Functional Expenses$1,124,084$157,231$31,163$1,312,478
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,781
Fundraising Direct Expenses$19,335
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Heart for the Hungary Banquet$66,781$66,781$19,335$47,446
Total Events$66,781$66,781$19,335$47,446
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-
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 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
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
Mike Reiner
Title
Treasurer
Signed
2021-01-14
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
Supplemental Narrative

Additional Explanations

Amended Explanation

Correcting return to show realized gains from sale of securities. Previous return incorrectly accounted for the gains.

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IRS990/FundraisingGrossIncomeAmt066781
IRS990/GainOrLossGrp/SecuritiesAmt046082
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IRS990/IndoorTanningServicesInd0false
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IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01811
IRS990/InsuranceGrp/ProgramServicesAmt07242
IRS990/InsuranceGrp/TotalAmt09053
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt065104
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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.
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0837894
IRS990/NetAssetsOrFundBalancesEOYAmt0813250
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt046082
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt046082
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt047446
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0837894
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0813250
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0717741
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt03076
IRS990/OccupancyGrp/ManagementAndGeneralAmt07511
IRS990/OccupancyGrp/ProgramServicesAmt052286
IRS990/OccupancyGrp/TotalAmt062873
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011162
IRS990/OfficeExpensesGrp/TotalAmt011162
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04537
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09211
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013748
IRS990/OtherExpensesGrp/Desc0FOOD and Prep
IRS990/OtherExpensesGrp/Desc1SECURITY
IRS990/OtherExpensesGrp/Desc2Client services
IRS990/OtherExpensesGrp/Desc3Other Fundraising Expenses
IRS990/OtherExpensesGrp/FundraisingAmt013745
IRS990/OtherExpensesGrp/ProgramServicesAmt0727057
IRS990/OtherExpensesGrp/ProgramServicesAmt151080
IRS990/OtherExpensesGrp/ProgramServicesAmt243452
IRS990/OtherExpensesGrp/TotalAmt0727057
IRS990/OtherExpensesGrp/TotalAmt151080
IRS990/OtherExpensesGrp/TotalAmt243452
IRS990/OtherExpensesGrp/TotalAmt313745
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IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt079979
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0182962
IRS990/OtherSalariesAndWagesGrp/TotalAmt0262941
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07247
IRS990/PayrollTaxesGrp/ProgramServicesAmt014842
IRS990/PayrollTaxesGrp/TotalAmt022089
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015969
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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/ExpenseAmt0168613
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0884171
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019223
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IRS990/PYOtherExpensesAmt0718348
IRS990/PYOtherRevenueAmt0131365
IRS990/PYRevenuesLessExpensesAmt080722
IRS990/PYSalariesCompEmpBnftPaidAmt0235689
IRS990/PYTotalExpensesAmt0954037
IRS990/PYTotalRevenueAmt01034759
IRS990/QuidProQuoContributionsInd0false
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IRS990/ReconcilationRevenueExpnssAmt0-24644
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0574893
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0614227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01176154
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0884171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01149404
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0641142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01053290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04904161
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018153
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019223
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016413
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02827
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt074186
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98510
IRS990ScheduleA/PublicSupportPY170Pct00.98810
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IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01053290
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04904161
IRS990ScheduleA/TotalSupportAmt04978347
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED

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