Our Daily Bread EIN 42-1741521

Our Daily Bread

EIN  42-1741521 Public charity (501(c)(3)) Canton, MS Founded 2007
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes healthy eating and fights hunger locally through faith and service.
Leadership
Theresa Kelly-Reed · Executive Director · $29K
Money in and out
$252K revenue, $173K expenses
Bottom line
78% program efficiency

Promotes healthy eating and fights hunger locally through faith and service. For fiscal year 2025 it reported $252K in revenue, $173K in expenses, and $255K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$252K
Pt VIII · Ln 12
Total expenses
$173K
Pt IX · Ln 25
Net assets
$255K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $79K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Program efficiency
78%
of spending reaches programs
Operating runway
8.3mo
months of highly liquid reserves at operating expense rate▲ +57% vs prior filing year
Surplus margin
+31%
revenue over expenses, this year▲ +96% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$252K
FY2025▲ +36%
Expenses
$173K
FY2025▼ -20%
Total assets
$279K
FY2025▲ +107%
Total liabilities
$24K
FY2025▲ +628%
Total revenue
$252K
Pt VIII · Ln 12
Total expenses
$173K
Pt IX · Ln 25
Net assets
$255K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$79K
Total assetsPt X · Ln 16$279K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $134K of program spending, described in the organization's own filed words · FY2025.
01

Provide a feeding ministry for homeless and other indigent persons. A meal is provided at noon to low-income families, senior citizens, disabled, and homeless individuals in madison county, MS, averaging 60-80 people served.

$134Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COur Daily Bread
EINHdr · item D42-1741521
Principal addressHdr · item CCanton, MS
WebsiteHdr · item Jwww.ourdailybreadms.org
Year of formationHdr · item L2007
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFNov 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$29,250Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Theresa Kelly-Reed’s $29K as Executive Director is at the 30th percentile of top reported officer pay among 1173 $100K–1M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Shavetta Leflore$18,750$30,000$29,917$27,734
Theresea Kelly-Reed$29,625
Theresa Kelly-Reed$29,250$7,500
Kim King$2,850

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$244K · 97%
Other revenue$9K · 3%
Contributions & grants97%$244K
Other revenue3%$9K
Total revenueLn 12$252K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$134K
Management & general22%$39K
Total functional expensesLn 25$173K

Balance Sheet

Part X · end of year
CashLn 1$119K
Total assetsLn 16$279K
Total liabilitiesLn 26$24K
Total net assetsLn 32$255K
Months of cash on handcomputed8.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $119K · Operating expenses/yr $173K
8.3 months
Where the money goes
Program services
Program services $134K · Total expenses $173K
78%
Management & General
Management & general $39K · Total expenses $173K
22%
Fundraising
Fundraising $0 · Total expenses $173K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $233K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $244K · Total revenue $252K
97%
Government reliance
Government grants — · Total revenue $252K
Earned-income share
Program service revenue $0 · Total revenue $252K
0%
Investment reliance
Investment income $0 · Total revenue $252K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $173K
0%
Growth & trend
Revenue growth (YoY)
This year $252K · Prior year $185K
+36%
Revenue CAGR
FY2020 $180K · FY2025 $252K
+7%
Net-asset trend (YoY)
End of year $255K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $252K · Expenses $173K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $279K
Net-asset ratio
Net assets $255K · Total assets $279K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $279K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Theresa Kelly-Reed · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $29K · Total expenses $173K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $101K · Total expenses $173K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 22%
Revenue growth 36%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$8K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$252K revenue · viewing · ⤓ 990 PDF
FY2024$185K revenue · ⤓ 990 PDF
FY2023$223K revenue · ⤓ 990 PDF
FY2022$162K revenue · ⤓ 990 PDF
FY2021$140K revenue · ⤓ 990 PDF
FY2020$180K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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