Is Our Daily Bread Inc Legit?

Quick charity verification for Our Daily Bread Inc (EIN: 202925233)

Verdict: Our Daily Bread Inc appears trustworthy

95/100Mission Score
$106KRevenue
$488KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Our Daily Bread Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Our Daily Bread Inc

Is Our Daily Bread Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Our Daily Bread Inc (EIN: 202925233) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Our Daily Bread Inc a good charity to donate to?

Our Daily Bread Inc has a Mission Score of 95/100. Revenue: $106K. Assets: $488K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Our Daily Bread Inc?

The Employer Identification Number (EIN) for Our Daily Bread Inc is 202925233. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Our Daily Bread Inc spend its money?

Our Daily Bread Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Our Daily Bread Inc's tax-exempt status?

You can verify Our Daily Bread Inc's tax-exempt status using EIN 202925233 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Our Daily Bread Inc. demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, the organization has maintained assets well above its annual expenses, indicating a strong financial cushion. For instance, in 2023, with revenues of $92,389 and expenses of $89,258, the organization held $484,711 in assets, suggesting prudent financial management and reserves. The consistent reporting of zero liabilities in recent years (2019-2023) further underscores its strong financial health and low debt burden. The organization exhibits excellent spending efficiency, particularly in its program focus. With no reported officer compensation across all available filings, it suggests that resources are primarily directed towards its mission. This is a strong indicator of a volunteer-driven or very lean operational model. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation implies a high proportion of expenses likely go directly to charitable activities. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency. Overall, Our Daily Bread Inc. appears to be a financially sound and efficiently run nonprofit. Its ability to maintain a substantial asset base, operate without significant liabilities, and report no executive compensation are all positive indicators. The consistent revenue generation around $100,000 annually, coupled with expenses generally below or near that figure, shows a sustainable operational model. The organization's long filing history further enhances its transparency profile.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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