Bread Project
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Trains youth and adults in food prep and baking for job placement. For fiscal year 2025 it reported $732K in revenue, $708K in expenses, and $54K in net assets.Pt I
Summary of the Filing
Where the work happens
Between july 1, 2024, and june 30, 2025, the bread project enrolled 94 low-income individuals and graduated 78 over a period of nine food prep & baking job training & placement program sessions. Each program session is 5 weeks long and provides 150 hours of instruction, with 9 cohorts of 1014 participants.
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.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Usha Gongal’s $69K as Executive Dir. is at the 64th percentile of top reported officer pay among 1212 $100K–1M employment 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 · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Usha Gongal | $69,310 | $95,378 | $91,508 | — | — | — |
| Usha Gongal | — | — | — | $94,050 | $90,000 | — |
| Pamela Calloway | — | — | — | — | — | $55,708 |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 75% | — | — |
| Overhead ratio | 8% | — | — |
| Fundraising cost ratio | 19% | — | — |
| Revenue growth | 8% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 2% | — | — |
| Fundraising fee ratio | 0% | — | — |
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.
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Filings & Schedule Manifest
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