Totals
- Total revenue
- $680,672
- Total expenses
- $732,245
- Contributions and grants received
- $528,420
- Grants paid
- $0
- Program service revenue
- $125,340
- Investment income
- $43
- Other revenue
- $26,869
- Total assets, end of year
- $248,264
- Total liabilities, end of year
- $218,515
- Net assets or fund balances, end of year
- $29,749
- Program services expenses (Part IX)
- $462,709
- Management and general expenses
- $134,170
- Fundraising expenses
- $135,366
- Program service expenses (Part III)
- $462,709
Program services were 63.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$152,641
-
1f · All other contributions, gifts and grants
$375,779
-
1g · Noncash contributions included above
$20,608
-
2a · Program service revenue: Incubation Service Fee
total $125,340 · related or exempt $125,340
-
2b · Program service revenue: Social Enterprise Sales
-
3 · Investment income
total $43 · excluded $43
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$27,485
-
8b · Fundraising events: direct expenses
$806
-
8c · Net income from fundraising events
total $26,679
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Income
total $190 · related or exempt $190
-
11e · Other revenue, total
$190
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $95,378 · program services $59,425 · management and general $11,511 · fundraising $24,442
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $284,086 · program services $176,999 · management and general $34,286 · fundraising $72,801
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $33,672 · program services $20,894 · management and general $4,010 · fundraising $8,768
-
10 · Payroll taxes
total $33,131 · program services $20,690 · management and general $3,988 · fundraising $8,453
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $18,640 · management and general $18,640
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $22,231 · program services $16,158 · management and general $2,556 · fundraising $3,517
-
12 · Advertising and promotion
total $1,620 · management and general $1,620
-
13 · Office expenses
total $2,259 · program services $31 · management and general $2,228
-
14 · Information technology
total $2,168 · management and general $289 · fundraising $1,879
-
15 · Royalties
total $0
-
16 · Occupancy
total $70,100 · program services $24,632 · management and general $36,183 · fundraising $9,285
-
17 · Travel
total $476 · program services $310 · management and general $155 · fundraising $11
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $2,569 · management and general $2,569
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,316 · program services $1,437 · management and general $295 · fundraising $584
-
23 · Insurance
total $7,874 · program services $3,027 · management and general $3,594 · fundraising $1,253
-
24a · Other expenses: Rou Asset Amortization
total $89,198 · program services $80,278 · management and general $8,920
-
24b · Other expenses: In-Kind Expense
total $20,608 · program services $20,608
-
24c · Other expenses: Program Baking Supplies and To
total $17,632 · program services $17,632
-
24d · Other expenses: Payroll fees
total $14,589 · program services $9,061 · management and general $1,776 · fundraising $3,752
-
24e · All other expenses
total $13,698 · program services $11,527 · management and general $1,550 · fundraising $621
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $133,717 · end of year $21,905
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $81,841 · end of year $125,368
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $658 · end of year $2,031
-
10a · Land, buildings and equipment: cost or other basis
$319,775
-
10b · Land, buildings and equipment: accumulated depreciation
$319,775
-
10c · Land, buildings and equipment, net
beginning of year $2,317 · end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $175,563 · end of year $98,960
-
17 · Accounts payable and accrued expenses
beginning of year $11,138 · end of year $12,875
-
23 · Secured mortgages and notes payable
beginning of year $135,157 · end of year $127,465
-
25 · Other liabilities
beginning of year $166,479 · end of year $78,175
-
27 · Net assets without donor restrictions
beginning of year -$13,678 · end of year -$94,751
-
28 · Net assets with donor restrictions
beginning of year $95,000 · end of year $124,500
Mission and programs · 2023
Mission
WHEN ADULTS HAVE A SECOND CHANCE AND ARE ABLE TO MAKE A SUCCESSFUL TRANSITION TO EMPLOYMENT AND HAVE ONGOING ACCESS TO FURTHER EDUCATION TO INCREASE THEIR ECONOMIC OPPORTUNITIES, THEY IMPROVE NOT ONLY THEIR OWN LIVES BUT THOSE OF THEIR FAMILIES AND COMMUNITIES, FOR GENERATIONS TO COME.
Activities or mission (Part I)
WE PROVIDE A FOOD PREP & BAKING JOB TRAINING & PLACEMENT PROGRAM. THE PROGRAM IS 5 WEEKS, 150 HOURS,AND FREE FOR ALL LOW INCOME YOUTH AND ADULTS OVER 18 IN THE SANFRANCISCO BAY AREA. YOU WILL LEARN COMMERCIAL FOOD PREPARATION ANDBAKING ALONG WITH THE JOB READINESS SKILLS ESSENTIAL TO MEANINGFULEMPLOYMENT.
-
BETWEEN JULY 1, 2023, AND JUNE 30, 2024 THE BREAD PROJECT ENROLLED 98 LOW-INCOME INDIVIDUALS AND GRADUATED 54 OVER A PERIOD OF NINE FOOD PREP & BAKING JOB TRAINING & PLACEMENT PROGRAM SESSIONS. EACH PROGRAM SESSION IS 5 WEEKS LONG, 150 HOURS OF INSTRUCTION, WITH A 9 COHORT OF 8-14 PARTICIPANTS. WITH 83 GRADUATES @ 150 HOURS EACH, THATS A COMBINED 8,100 HOURS OF INDIVIDUALIZED INSTRUCTION. 100% OF THE PROGRAM PARTICIPANTS WERE LOW-INCOME, 94% WERE UNEMPLOYED UPON ENROLLMENT, AND 46% WERE RECEIVING SOME FORM OF PUBLIC BENEFITS. THE GRADUATES FACED MANY BARRIERS TO EMPLOYMENT: 62% LACKED PERMANENT HOUSING, 50% HAD MINIMAL FORMAL EDUCATION ENDING WITH HIGH SCHOOL OR A GED, 10% WERE REENTRY OR JUSTICE-INVOLVED, 30% WERE IMMIGRANTS OR REFUGEES, AND 15% HAD A DISABILITY. 87% OF THE GRADUATES SEEKING EMPLOYMENT WERE HIRED WITHIN 30-60 DAYS OF GRADUATION, 83% WERE STILL IN THEIR JOBS AFTER 90 DAYS, AND THE AVERAGE WAGE WAS $24 PER HOUR. DEMOGRAPHICALLY, 48% WERE FEMALE, 52% WERE MALE, AND OF THOSE, THE PREDOMINANT POPULATIONS WERE BLACK/AFRICAN AMERICAN 54%, HISPANIC/LATINO(A) 14%, ASIAN / PASIFIC ISLANDER 13% , AMERICAN INDIAN/NATIVE ALASKAN 3% , WHITE/ CAUCASIAN 6%. MIDDLE EASTERN 4% MULTIRACIAL 2% AND OTHER/UNKNOWN 5% AGEWISE, 29% WERE 18-24, 59% WERE 25-45, AND 20% WERE OVER 45.
Expenses $462,709 · Revenue $125,340
-
OUR COMMUNITY MEAL PROGRAM FOR THE HOMELESS AND FOOD INSECURE WAS ON HOLD WHEN OUR NONPROFIT PARTNER OPERATING A HOMELESS SHELTER LOST ITS FOOD CONTRACT. WE ARE MAKING 50 MEALS PER DAY FOR STUDENTS AND THEIR FAMILY TO BRING HOME END OF THE DAY EVERY DAY.
-
OUR ENTREPRENEURS INCUBATOR PROGRAM PROVIDED 4 ENTREPRENEURS AND THEIR FOOD STARTUPS WITH TRAINING IN FOOD HANDLING, RECIPE AND PRODUCTION SCALING, AND BUSINESS PLANNING, AS WELL AS KITCHEN SPACE FOR THEIR OPERATIONS.
As filed on the 2023 return.
Listed in Part VII
-
Usha Gongal
Executive Dir.
- Total calculated
- $95,378
- From this org
- $95,378
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lisa Caronna
Board President
- Total calculated
- $0
- Hours/week
- 5
-
William Miner
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Scott Miller
Vice Pres Dev.
- Total calculated
- $0
- Hours/week
- 5
-
Jacqueline Karkasis MSW
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Jane Micallef
Vice Chair HR
- Total calculated
- $0
- Hours/week
- 5
-
Jon Hooper
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Julia Stefani
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Richard Golfin III
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Jane R Kaplan
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Keith Morris
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Sarah Rahman MD
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Lee McAvoy
Board Member
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520499349301217
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.