Our Daily Bread Kitchen INC EIN 56-1680983 Form 990 (PDF) Claim this org

Our Daily Bread Kitchen INC

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Delivers meals to families in need. For fiscal year 2025 it reported $201K in revenue, $174K in expenses, and $328K in net assets.Pt I

Founded
1991
Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Asheboro, NC
Website
odbkitchen.org
Filings
8 on file (2018–2025)
Revenue
$201KFY2025
Expenses
$174K
Net assets
$328K
People
7
Filings
8
Updates
0
More identity details & actions ⌄
EIN  56-1680983 Public charity (501(c)(3)) Asheboro, NC Founded 1991
Form 990 (PDF)
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Size
$100K–1M
What they do
Delivers meals to families in need.
Leadership
R Gene Woodle · Executive Director
Money in and out
$201K revenue, $174K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$174K
Pt IX · Ln 25
Net assets
$328K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $28K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
16.4mo
months of highly liquid reserves at operating expense rate▲ +27% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +32% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$201K
FY2025▼ -8%
Expenses
$174K
FY2025▼ -11%
Total assets
$328K
FY2025▲ +9%
Total liabilities
$0
FY2025
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$174K
Pt IX · Ln 25
Net assets
$328K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$28K
Total assetsPt X · Ln 16$328K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COur Daily Bread Kitchen INC
EINHdr · item D56-1680983
Principal addressHdr · item CAsheboro, NC
WebsiteHdr · item Jodbkitchen.org
Year of formationHdr · item L1991
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K35)
Ruling yearIRS BMFOct 2014

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 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

R Gene Woodle’s $48K as Executive Director is at the 49th percentile of top reported officer pay among 1174 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
R Gene Woodle$47,589$47,694$60,378$45,846$33,618$11,400
Michael Trogdon$10,400

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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Mission & Programs · Part III

Where the work happens

1 program service account for $174K of program spending, described in the organization's own filed words · FY2025.
01

Provided meals daily to the improverished and homeless of asheboro and randolph county NC. Supported at risk youth in the community by fostering volunteerism and giving back through events to raise awareness of food insecurity.

$174Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$195K · 97%
Investment income$7K · 3%
Contributions & grants97%$195K
Investment income3%$7K
Total revenueLn 12$201K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$174K
Total functional expensesLn 25$174K

Balance Sheet

Part X · end of year
CashLn 1$237K
Total assetsLn 16$328K
Total liabilitiesLn 26$0
Total net assetsLn 32$328K
Months of cash on handcomputed16.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $237K · Operating expenses/yr $174K
16.4 months
Where the money goes
Program services
Program services $174K · Total expenses $174K
100%
Management & General
Management & general $0 · Total expenses $174K
0%
Fundraising
Fundraising $0 · Total expenses $174K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $204K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $195K · Total revenue $201K
97%
Government reliance
Government grants — · Total revenue $201K
Earned-income share
Program service revenue $0 · Total revenue $201K
0%
Investment reliance
Investment income $7K · Total revenue $201K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $174K
0%
Growth & trend
Revenue growth (YoY)
This year $201K · Prior year $218K
-8%
Revenue CAGR
FY2018 $70K · FY2025 $201K
+16%
Net-asset trend (YoY)
End of year $328K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $201K · Expenses $174K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $328K
Net-asset ratio
Net assets $328K · Total assets $328K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $328K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual R Gene Woodle · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $174K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $111K · Total expenses $174K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -8%

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
Total grants receivedfrom 2 funders$11K

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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)$201K revenue · viewing · ⤓ 990 PDF
FY2024$218K revenue · ⤓ 990 PDF
FY2023$161K revenue · ⤓ 990 PDF
FY2022$165K revenue · ⤓ 990 PDF
FY2021$188K revenue · ⤓ 990 PDF
FY2020$194K revenue · ⤓ 990 PDF
FY2019$78K revenue · ⤓ 990 PDF
FY2018$70K 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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