Bridge Bread Bakery EIN 47-5083502

Bridge Bread Bakery FY2023 filing

EIN  47-5083502 Public charity (501(c)(3)) Saint Louis, MO
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers jobs and support to individuals experiencing homelessness.
Leadership
Fred Domke · President
Money in and out
$527K revenue, $481K expenses
Bottom line
92% program efficiency

Offers jobs and support to individuals experiencing homelessness. For fiscal year 2023 it reported $527K in revenue, $481K in expenses, and $442K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$527K
Pt VIII · Ln 12
Total expenses
$481K
Pt IX · Ln 25
Net assets
$442K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.00 Fundraising $0.08
Program efficiency
92%
of spending reaches programs
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$527K
FY2023▲ +39%
Expenses
$481K
FY2023▲ +30%
Total assets
$553K
FY20230%
Total liabilities
$111K
FY2023▼ -5%
Total revenue
$527K
Pt VIII · Ln 12
Total expenses
$481K
Pt IX · Ln 25
Net assets
$442K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$553K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $442K of program spending, described in the organization's own filed words · FY2023.
01

During the fiscal year, the organization employed more than 25 different individuals who worked any where from a couple of weeks, to nearly a year, in Bakery production, enabling them the opportunity to gain workforce experience in a supportive environment.

$442Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBridge Bread Bakery
EINHdr · item D47-5083502
Principal addressHdr · item CSaint Louis, MO
WebsiteHdr · item Jbridgebread.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFMar 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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
President
$0Pt VII · Sec A
Secretary and Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Bridge Bread Bakery executive salaries →

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Statement of Revenue

Part VIII
Program service revenue$300K · 57%
Contributions & grants$228K · 43%
Program service revenue57%$300K
Contributions & grants43%$228K
Total revenueLn 12$527K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.00 Fundraising $0.08
Program services92%$442K
Management & general$2K
Fundraising8%$37K
Total functional expensesLn 25$481K

Balance Sheet

Part X · end of year
CashLn 1$110K
Total assetsLn 16$553K
Total liabilitiesLn 26$111K
Total net assetsLn 32$442K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $110K · Operating expenses/yr $481K
2.8 months
Where the money goes
Program services
Program services $442K · Total expenses $481K
92%
Management & General
Management & general $2K · Total expenses $481K
0%
Fundraising
Fundraising $37K · Total expenses $481K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $155K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $228K · Total revenue $527K
43%
Government reliance
Government grants — · Total revenue $527K
Earned-income share
Program service revenue $300K · Total revenue $527K
57%
Investment reliance
Investment income $0 · Total revenue $527K
0%
Program self-sufficiency
Program service revenue $300K · Total expenses $481K
62%
Growth & trend
Revenue growth (YoY)
This year $527K · Prior year $380K
+39%
Net-asset trend (YoY)
End of year $442K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $527K · Expenses $481K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $553K
Net-asset ratio
Net assets $442K · Total assets $553K
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $553K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Fred Domke · Reported title President · Highest reported compensation $0 · Total expenses $481K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $228K · Total expenses $481K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 0%
Fundraising cost ratio 16%
Revenue growth 39%

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 · FY2024
See all 7 funders →

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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
FY2024 (Latest)$502K revenue · ⤓ 990 PDF
FY2023$527K revenue · viewing · ⤓ 990 PDF
FY2022$380K revenue · ⤓ 990 PDF
FY2021$299K revenue · ⤓ 990 PDF
FY2020$346K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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