Skip to content
Nonprofiteer
← DAILY BREAD COMMUNITY FOOD PANTRY INC

Form 990 for tax year 2024

Filed by DAILY BREAD COMMUNITY FOOD PANTRY INC.

Totals

Total revenue
$2,195,571
Total expenses
$2,165,530
Contributions and grants received
$2,062,392
Grants paid
$1,930,098
Program service revenue
$0
Investment income
$131,955
Other revenue
$1,224
Total assets, end of year
$3,954,250
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,954,250
Program services expenses (Part IX)
$2,069,648
Management and general expenses
$90,610
Fundraising expenses
$5,272
Program service expenses (Part III)
$2,069,648

Program services were 95.6% 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.

  • 1c · Fundraising events

    $150

  • 1f · All other contributions, gifts and grants

    $2,062,242

  • 1g · Noncash contributions included above

    $1,602,674

  • 3 · Investment income

    total $131,955 · excluded $131,955

  • 8a · Fundraising events: gross income

    $3,042

  • 8a · Fundraising events: contributions included on line 1c

    $150

  • 8b · Fundraising events: direct expenses

    $1,818

  • 8c · Net income from fundraising events

    total $1,224 · excluded $1,224

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,930,098 · program services $1,930,098

  • 5 · Compensation of officers, directors and key employees

    total $55,000 · program services $33,000 · management and general $22,000

  • 7 · Other salaries and wages

    total $16,525 · program services $14,873 · management and general $1,652

  • 10 · Payroll taxes

    total $5,472 · program services $3,663 · management and general $1,809

  • 11b · Fees: legal

    total $7,224 · management and general $7,224

  • 11c · Fees: accounting

    total $12,800 · management and general $12,800

  • 11g · Fees: other

    total $17,262 · management and general $17,262

  • 13 · Office expenses

    total $368 · program services $123 · management and general $123 · fundraising $122

  • 14 · Information technology

    total $4,217 · program services $3,400 · management and general $356 · fundraising $461

  • 16 · Occupancy

    total $91,666 · program services $64,422 · management and general $25,143 · fundraising $2,101

  • 22 · Depreciation, depletion and amortization

    total $3,830 · program services $3,830

  • 23 · Insurance

    total $13,980 · program services $12,962 · management and general $1,018

  • 24a · Other expenses: SUPPLIES

    total $3,886 · program services $3,112 · management and general $387 · fundraising $387

  • 24b · Other expenses: BANK & PAYPAL CHARGES

    total $2,263 · management and general $62 · fundraising $2,201

  • 24c · Other expenses: DUES & MEMBERSHIPS

    total $774 · management and general $774

  • 24d · Other expenses: PROGRAM EXPENSES

    total $165 · program services $165

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $329,158 · end of year $194,994

  • 2 · Savings and temporary cash investments

    beginning of year $3,143,023 · end of year $1,583,187

  • 8 · Inventories for sale or use

    beginning of year $439,293 · end of year $153,312

  • 9 · Prepaid expenses and deferred charges

    beginning of year $258

  • 10a · Land, buildings and equipment: cost or other basis

    $1,966,782

  • 10b · Land, buildings and equipment: accumulated depreciation

    $33,555

  • 10c · Land, buildings and equipment, net

    beginning of year $9,234 · end of year $1,933,227

  • 15 · Other assets

    beginning of year $2,653 · end of year $89,530

  • 27 · Net assets without donor restrictions

    beginning of year $3,540,316 · end of year $3,692,968

  • 28 · Net assets with donor restrictions

    beginning of year $383,303 · end of year $261,282

Mission and programs · 2024

Mission

TO ELIMINATE HUNGER IN THE PERKIOMEN AREA BY PROVIDING RESIDENTS IN NEED WITH PROGRAMS THAT PROVIDE FOOD, PROMOTE THE VALUE OF NUTRITION, INCREASE SELF-SUFFICIENCY, AND INSTILL HOPE. IN DOING SO, ENSURING THAT FOOD RELIEF HAS A MORE MEANINGFUL ENDURING IMPACT.

Activities or mission (Part I)

ELIMINATE HUNGER IN THE PERKIOMEN AREA BY PROVIDING RESIDENTS IN NEED WITH PROGRAMS THAT PROVIDE FOOD, PROMOTE THE VALUE OF NUTRITION, INCREASE SELF- SUFFICIENCY & INSTILL HOPE.

  • A WIDE RANGE OF SERVICES INCLUDE FOOD DISTRIBUTION, HOLIDAY BASKETS FOR SPECIAL HOLIDAY MEALS, AN OPPORTUNITY FOR PANTRY PARTICPANTS TO "SHOP" FOR THEIR LOVED ONES, WINTER COATS, SCHOOL SUPPLIES AND NUTRITION COUNSELING.

    Expenses $2,069,648 · Grants $1,930,098

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Loretta Stever

    EXECUTIVE DI

    Total calculated
    $55,000
    From this org
    $55,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Maggie Korbisch

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Dr Steady Moono

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amy De Shong

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Joel Stever

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40

  • Pastor Adrian Tierson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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
2024
Filed
23 October 2025
IRS schema version
2024v5.0
Source object
202522979349300342

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.