Bread For Life Ministries
EIN: 461771561 · Meridian, ID · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $202K |
| Total Expenses | $185K |
| Net Assets | $32K |
Is Bread For Life Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bread For Life Ministries
Bread For Life Ministries (EIN: 461771561) is a nonprofit organization based in Meridian, ID, classified under NTEE code P30. The organization reported total revenue of $202K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bread For Life Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bread For Life Ministries is a small nonprofit that has been operating for 13 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 20.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $185K |
| Surplus / Deficit | +$23K |
| Total Assets | $39K |
| Total Liabilities | $6K |
| Net Assets | $32K |
| Operating Margin | 11.0% |
| Debt-to-Asset Ratio | 15.9% |
| Months of Reserves | 2.5 months |
Financial Health Grade: A
In 2023, Bread For Life Ministries reported a surplus of $23K with revenue exceeding expenses, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 15.9% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Bread For Life Ministries's revenue has grown at a compound annual growth rate (CAGR) of 20.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +128.4% | +103.0% | +107.0% |
| 2022 | +11.4% | +0.4% | -11.7% |
| 2021 | +56.6% | +42.9% | -35.3% |
| 2020 | -20.9% | +2.8% | +8.7% |
| 2019 | -26.5% | -12.4% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 5000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bread For Life Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bread For Life Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.9%.
Frequently Asked Questions about Bread For Life Ministries
Is Bread For Life Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Bread For Life Ministries (EIN: 461771561) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bread For Life Ministries spend its money?
Detailed spending breakdown data is not yet available for Bread For Life Ministries. Check back for updated IRS 990 analysis.
Are donations to Bread For Life Ministries tax-deductible?
Bread For Life Ministries is registered as a tax-exempt nonprofit (EIN: 461771561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bread For Life Ministries located?
Bread For Life Ministries is headquartered in Meridian, Idaho and files with the IRS under EIN 461771561. It is classified under NTEE code P30.
How many years of IRS 990 filings does Bread For Life Ministries have?
Bread For Life Ministries has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $202K in total revenue.
Filing History
IRS 990 filing history for Bread For Life Ministries showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Bread For Life Ministries's revenue has grown by 200.2%, moving from $69K to $208K. Total assets increased by 112.7% over the same period, from $18K to $39K. Total functional expenses rose by 217.3%, from $58K to $185K. In its most recent filing year (2023), Bread For Life Ministries reported a surplus of $23K, with revenue exceeding expenses. The organization holds $6K in liabilities against $39K in assets (debt-to-asset ratio: 15.9%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $185K | $39K | $6K | — | — |
| 2022 | $91K | $91K | $19K | $9K | — | View 990 |
| 2021 | $82K | $91K | $21K | $11K | — | View 990 |
| 2020 | $52K | $63K | $33K | $14K | — | — |
| 2019 | $66K | $62K | $30K | $0 | — | View 990 |
| 2018 | $90K | $70K | $29K | $0 | — | View 990 |
| 2017 | $69K | $58K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $185K, and assets of $39K (revenue +128.4% year-over-year).
- 2022: Revenue of $91K, expenses of $91K, and assets of $19K (revenue +11.4% year-over-year).
- 2021: Revenue of $82K, expenses of $91K, and assets of $21K (revenue +56.6% year-over-year).
- 2020: Revenue of $52K, expenses of $63K, and assets of $33K (revenue -20.9% year-over-year).
- 2019: Revenue of $66K, expenses of $62K, and assets of $30K (revenue -26.5% year-over-year).
- 2018: Revenue of $90K, expenses of $70K, and assets of $29K (revenue +29.6% year-over-year).
- 2017: Revenue of $69K, expenses of $58K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bread For Life Ministries:
Data Sources and Methodology
This transparency report for Bread For Life Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.