Civic Intelligence

Our Daily Bread Inc.

990 • Fiscal year 2020 • EIN 61-1698166

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

300 West Oak Street 100Denton, TX 76201

(940) 387-8563

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

60th percentile

$81,940

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

92nd percentile

94%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

116%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,621,005

Up $783,889 (+94%) from 2019

Net Assets

Up

$1,603,898

Up $790,648 (+97%) from 2019

Liabilities

Down

$17,107

Down $6,759 (-28%) from 2019

Revenue

Up

$2,783,713

Up $1,495,879 (+116%) from 2019

Expenses

Up

$1,993,065

Up $680,587 (+52%) from 2019

Net Income

Up

$790,648

Up $815,292 (+3308%) from 2019

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

2020

Assets$1,621,005
Liabilities$17,107
Net Assets$1,603,898

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

2020

Revenue$2,783,713
Expenses$1,993,065
Net Income$790,648
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$2,815,202
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$614,227$1,229,256▲ $615,029
Land, Buildings, and Equipment, Net$53,447$112,961▲ $59,514
Inventories for Sale or Use$65,104$108,767▲ $43,663
Prepaid Expenses and Deferred Charges$15,969$75,445▲ $59,476
Cash and Non-Interest-Bearing Accounts$73,260$66,200▼ $7,060
Accounts Receivable$15,109$28,375▲ $13,266
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$837,116$1,621,005▲ $783,889
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$16,766$17,107▲ $341
Deferred Revenue$7,100--
Total Liabilities$23,866$17,107▼ $6,759
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$813,250$1,587,248▲ $773,998
Net Assets With Donor Restrictions-$16,650-
Total Net Assets Fund Balance$813,250$1,603,898▲ $790,648
Total Liabilities and Net Assets / Fund Balance$837,116$1,621,005▲ $783,889

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,024$8,865-
Equipment$103,664$52,556-
Leasehold Improvements$7,273$3,263-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wendy McGeeExecutive DirectorFT$81,940$81,940

Board Members and Trustees

NameTitle
Emily TaylorCo-President
Roy MetzlerCo-President
Angela GrubkeDirector
Brett CurranDirector
Brian JensenDirector
Cathy BrownDirector
Claire NieswiadomyDirector
Gary McGarDirector
Gretchen MaugansDirector
Hanna MoerickeDirector
Jack AckermanDirector
Jim BiggerstaffDirector
John FrankeDirector
Jorge CordovaDirector
Kit McRaeDirector
Lou KoromDirector
Mike FamiglettiDirector
Nathaniel DearsDirector
Rev Lisa PattersonSecretary
Mike ReinerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,735,799
Program Service Revenue
$0
Investment Income
$3,762
Other Revenue
$44,152
All Other Contributions
$2,343,661
Change in Net Assets
$790,648

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$968,927Fair Market Value (FMV)
Total Noncash Contributions1$968,927-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,439,735
Salaries, Compensation, and Employee Benefits$553,330
Total Fundraising Expense$7,168
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$378,124$87,988$5,278$471,390
Occupancy$86,814$9,646-$96,460
Current Officers, Directors, Trustees, and Key Employees$36,873$43,428$1,639$81,940
Other Expenses$37,584--$37,584
Depreciation Depletion$19,200$306-$19,506
Insurance$17,115$919-$18,034
All Other Expenses$584$16,247$251$17,082
Office Expenses$225$13,836-$14,061
Travel$4,600--$4,600
Fees for Services Other-$3,587-$3,587
Total Functional Expenses$1,809,940$175,957$7,168$1,993,065
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,641
Fundraising Direct Expenses$31,489
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Heart for the Hungary Banquet$53,383$53,383$21,944$31,439
Monsignor King Golf Tournament$22,258$22,258$9,545$12,713
Total Events$75,641$75,641$31,489$44,152
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 100, DENTON, TX 76201

Signing Officer

Name
Mike Reiner
Title
Treasurer
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
22
Volunteers
2,000

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/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Co-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Co-President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
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IRS990/OtherExpensesGrp/Desc2SECURITY
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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
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