Our Daily Bread Community Outreach Center Inc
Our Daily Bread Community Outreach Center Inc consistently generates significant surpluses, growing assets while reporting no officer compensation.
EIN: 113734823 · Milwaukee, WI · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $69K |
| Program Spending | 90% |
| Net Assets | $128K |
| Transparency Score | 92/100 |
Is Our Daily Bread Community Outreach Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Our Daily Bread Community Outreach Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Our Daily Bread Community Outreach Center Inc
Our Daily Bread Community Outreach Center Inc (EIN: 113734823) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code P30. The organization reported total revenue of $115K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Our Daily Bread Community Outreach Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Our Daily Bread Community Outreach Center Inc is a small nonprofit that has been operating for 20 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 42.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $141K |
| Total Expenses | $69K |
| Surplus / Deficit | +$72K |
| Total Assets | $143K |
| Total Liabilities | $15K |
| Net Assets | $128K |
| Operating Margin | 51.0% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 24.9 months |
Financial Health Grade: A
In 2023, Our Daily Bread Community Outreach Center Inc reported a surplus of $72K with revenue exceeding expenses, holds 24.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Our Daily Bread Community Outreach Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 42.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.5% | +77.4% | +67.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Our Daily Bread Community Outreach Center Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Our Daily Bread Community Outreach Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% in both 2022 and 2023 filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Our Daily Bread Community Outreach Center Inc's IRS 990 filings:
- Discrepancy between provided 'Latest Revenue' and 2023 filing revenue
- Discrepancy between provided 'Assets' ($1) and 2023 filing assets ($142,949)
Strengths
The following positive indicators were identified for Our Daily Bread Community Outreach Center Inc:
- Consistent financial surpluses in both reported periods
- Significant asset growth from $85,342 to $142,949
- 0% officer compensation reported, indicating high efficiency and dedication
- Expenses consistently well below revenue, demonstrating strong financial management
Frequently Asked Questions about Our Daily Bread Community Outreach Center Inc
Is Our Daily Bread Community Outreach Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Our Daily Bread Community Outreach Center Inc (EIN: 113734823) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Our Daily Bread Community Outreach Center Inc spend its money?
Our Daily Bread Community Outreach Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Our Daily Bread Community Outreach Center Inc tax-deductible?
Our Daily Bread Community Outreach Center Inc is registered as a tax-exempt nonprofit (EIN: 113734823). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Our Daily Bread Community Outreach Center Inc's spending goes to programs?
Our Daily Bread Community Outreach Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Our Daily Bread Community Outreach Center Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Our Daily Bread Community Outreach Center Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Our Daily Bread Community Outreach Center Inc located?
Our Daily Bread Community Outreach Center Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 113734823. It is classified under NTEE code P30.
How many years of IRS 990 filings does Our Daily Bread Community Outreach Center Inc have?
Our Daily Bread Community Outreach Center Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $115K in total revenue.
Is Our Daily Bread Community Outreach Center Inc a good charity?
Based on the provided data, Our Daily Bread Community Outreach Center Inc appears to be a very good charity. It consistently generates significant financial surpluses, has growing assets, and reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.
What is the discrepancy between the reported 'Latest Revenue' and the 2023 filing revenue?
The 'Latest Revenue' provided is $115,321, while the 2023 filing shows $140,587. This difference suggests either a different reporting period for the 'Latest Revenue' or a data entry discrepancy that should be clarified for full financial understanding.
How does the organization manage to operate with 0% officer compensation?
The 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation is structured in a way that does not fall under the 'officer compensation' category on the 990 form. This is a strong indicator of dedication to the mission.
Filing History
IRS 990 filing history for Our Daily Bread Community Outreach Center Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Our Daily Bread Community Outreach Center Inc's revenue has grown by 42.5%, moving from $99K to $141K. Total assets increased by 67.5% over the same period, from $85K to $143K. Total functional expenses rose by 77.4%, from $39K to $69K. In its most recent filing year (2023), Our Daily Bread Community Outreach Center Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $15K in liabilities against $143K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $128K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $141K | $69K | $143K | $15K | — | View 990 |
| 2022 | $99K | $39K | $85K | $14K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Our Daily Bread Community Outreach Center Inc:
Data Sources and Methodology
This transparency report for Our Daily Bread Community Outreach Center Inc 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.