AUGUSTA, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BREAD OF LIFE MINISTRIES INC, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $2.3M in total revenue in fiscal year 2024. Expenses of $2.2M left a modest 3% surplus.
BREAD OF LIFE MINISTRIES FEEDS THE HUNGRY, SHELTERS THE HOMELESS, AND PROVIDES SERVICES THAT HELP PEOPLE CHANGE THEIR LIVES AND TAKE PERSONAL RESPONSIBILITY. GOD CALLS US TO MINISTER TO ONE ANOTHER AND ASSIST THOSE IN NEED.
BOLM HOUSING - BOLM OFFERS TEMPORARY AND PERMANENT HOUSING IN PREPARING CLIENTS FOR A STABLE AND GROUNDED LIFE WITHIN THE COMMUNITY. BY OFFERING CLEAN, SAFE, AFFORDABLE HOUSING CHOICES TO CLIENTS...
BOLM HOUSING - BOLM OFFERS TEMPORARY AND PERMANENT HOUSING IN PREPARING CLIENTS FOR A STABLE AND GROUNDED LIFE WITHIN THE COMMUNITY. BY OFFERING CLEAN, SAFE, AFFORDABLE HOUSING CHOICES TO CLIENTS, BOLM CAN FURTHER FACILITATE THEIR TRANSITIONS FROM HOMELESSNESS TO THE LOCAL COMMUNITY AND BREAK WHAT IS OFTEN A CYCLE IN LIFE OF BOTH POVERTY AND INTERMITTENT HOMELESSNESS. BOLM HAS 101 UNITS OF HOUSING IN THE AUGUSTA AREA. MANY OF THESE UNITS ARE SUBSIDIZED AND OFFER TENANT-BASED ASSISTANCE, WHICH REDUCES THE COST OF RENT FOR A FAMILY OR SINGLE PAYING FOR THAT APARTMENT.
SHELTER - STARTED IN 1986, THE HOMELESS SHELTER OFFERS A WARM, WELCOMING, AND SAFE FACILITY TO THOSE NEEDING SHELTER. THERE ARE CURRENTLY 40 FAMILY SHELTER BEDS, 14 VETERAN SHELTER BEDS AND 101 UNITS...
SHELTER - STARTED IN 1986, THE HOMELESS SHELTER OFFERS A WARM, WELCOMING, AND SAFE FACILITY TO THOSE NEEDING SHELTER. THERE ARE CURRENTLY 40 FAMILY SHELTER BEDS, 14 VETERAN SHELTER BEDS AND 101 UNITS OF HOUSING. CURRENTLY WE SEE A MIX OF FAMILIES, COUPLES, SINGLE PARENTS WITH CHILDREN, AND SINGLES. -THE FAMILY SHELTER ACCOMMODATES 26 BEDS AND THERE ARE UNIQUE OCCASIONS WHERE WE WILL PUT SOMEONE ON THE COUCH FOR A SPECIAL NEED. WE COMMONLY SEE 8,700 BED DAYS PER YEAR FOR OCCUPANCY. THIS NUMBER COMES FROM ADDING UP THE NUMBER OF BEDS THAT ARE FILLED EACH NIGHT FOR A CALENDAR YEAR. -OUR VETERANS' SHELTER ACCOMMODATES 14 BEDS AND ALL BEDS ARE FILLED IN COLLABORATION WITH TOGUS MEDICAL CENTER HOMLESS SERVICES. THIS MEANS WE CANNOT TAKE VETERANS OFF THE STREET AND INTO THE SHELTER WITHOUT THEM FIRST GOING THROUGH SERVICES AT TOGUS. WE COMMONLY SEE 4,500 BED NIGHTS PER CALENDAR YEAR AT THE VETERANS SHELTER. -WE HAVE A TOTAL OF 101 UNITS OF HOUSING IN THE CITY OF AUGUSTA AND THIS IS A COMBINATION OF TRANSITIONAL, PERMANENT AND GUEST HOUSE/LODGER ACCOMODATIONS. WE HAVE 48 UNITS WHICH ARE CONSIDERED PERMANENT HOUSING AND 12 UNITS ARE IDENTIFIED AS TRANSITIONAL HOUSING APARTMENTS. WE ALSO HAVE ONE BUILDING WHICH IS CALLED A GUEST HOUSE/LODGER AND THIS BUILDING HAS 23 SMALL UNITS WITHIN IT, AND A SECOND BUILDING OFFERING 2 APARTMENTS AND 2 SUITES FOR A TOTAL OF 18 UNITS IN THE BUILDING. OUR CURRENT OCCUPANCY RATE FOR OUR APARTMENTS ARE APPROX. 90%.
SOUP KITCHEN - PROVIDES BREAKFAST AND NOONTIME MEALS TO THE HUNGRY, AS WELL AS A RESOURCE CENTER. THE KITCHEN PROVIDES COUNCELING AND OTHER SERVICES TO THE HOMELESS. THE SOUP KITCHEN IS MORE OF A...
SOUP KITCHEN - PROVIDES BREAKFAST AND NOONTIME MEALS TO THE HUNGRY, AS WELL AS A RESOURCE CENTER. THE KITCHEN PROVIDES COUNCELING AND OTHER SERVICES TO THE HOMELESS. THE SOUP KITCHEN IS MORE OF A "FULL MEAL" KITCHEN IN THAT IT PROVIDES A COMPLETE, HOT MEAL MONDAY THROUGH FRIDAY THROUGHOUT THE YEAR. THE SOUP KITCHEN OFFERS A SMALL, BUT WELCOMING SPACE TO ANYONE SEEKING A HOT MEAL, NO QUESTIONS ASKED. ONE PAID STAFF PERSON OVERSEES THE KITCHEN WITH THE HELP OF HUNDREDS OF VOLUNTEERS. WE OFFER TAKE HOME MEALS FOR THOSE WHO ARE HOMEBOUND OR WHO ARE UNABLE TO ENTER THE SOUP KITCHEN SETTING. THROUGH GENEROUS FOOD DONATIONS FROM BUSINESSES AND THE COMMUNITY, WE ARE ABLE TO SHARE OUR DONATED FOOD WITH OTHER SHELTERS, OTHER AREA FOOD BANKS, CHURCH FOOD CUPBOARDS, AND A PARTNER SHELTER, THE FAMILY VIOLENCE PROJECT. THE SOUP KITCHEN IS OPEN MONDAY THROUGH FRIDAY FOR BREAKFAST FROM 8:30AM - 9:30AM AND LUNCH FROM 11AM TO 12:30 PM. OVER 6,000 HOURS ARE VOLUNTEERED EACH YEAR HELPING WITH DONATION PICKUPS, PREPARATION, SERVING AND CLEANING. IN 2023 BOLM WAS ABLE TO PROVIDE OVER 33,000 HIGH QUALITY MEALS IN OUR SOUP KITCHEN.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,309,850 | $2,206,340 | +0.0% |
| Expenses | $2,235,563 | $1,953,545 | +0.1% |
| Net Income | $74,287 | $252,795 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| VICTORIA ABBOTT | EXECUTIVE DI | 40.00 |
Officer
Director
|
$114,687 | $10,018 | $124,705 |
| JESSICA WILBUR | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHARINE WILTUCK | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARAH DUNCKEL | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHY GERARD | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORANA LALIBERTE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAREK GRANT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUHIER ALASKARI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA FIFIELD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LEWIS MCALISTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,309,850 | $2,235,563 | $5,446,367 | $74,287 |
| 2023 | $2,206,340 | $1,953,545 | $5,034,597 | $252,795 |
| 2022 | $2,688,939 | $2,201,107 | $4,813,224 | $487,832 |
| 2021 | $1,959,262 | $1,810,533 | $4,648,721 | $148,729 |
| 2020 | $2,070,106 | $1,892,262 | $4,412,319 | $177,844 |
| 2019 | $1,878,313 | $1,833,176 | $4,292,092 | $45,137 |
| 2018 | $1,737,087 | $1,633,686 | $4,341,909 | $103,401 |
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