MALDEN, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)BREAD OF LIFE INC, founded in 1992, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $417K, a strong 31% operating margin.
THE ORGANIZATION PROVIDES FREE FOOD FOR FOOD-INSECURE RESIDENTS. IT ALSO COLLABORATES WITH LOCAL AGENCIES TO HELP LOW-INCOME PEOPLE OBTAIN HOUSING, SHELTER, FURNITURE, AND COUNSELING.
FOOD PANTRY AND MEALS PROGRAMIN 2023, BREAD OF LIFE EXPANDED ITS FOOD PROGRAMS TO KEEP UP WITH AN 18% FOOD INSECURITY RATE IN MASSACHUSETTS AS OF SEPTEMBER 2023, A LEVEL THAT APPROACHES WHAT WE SAW...
FOOD PANTRY AND MEALS PROGRAMIN 2023, BREAD OF LIFE EXPANDED ITS FOOD PROGRAMS TO KEEP UP WITH AN 18% FOOD INSECURITY RATE IN MASSACHUSETTS AS OF SEPTEMBER 2023, A LEVEL THAT APPROACHES WHAT WE SAW DURING THE PANDEMIC. WE CONTINUE TO MEET THE NEED AND STOP FOOD INSECURITY FOR THOUSANDS OF STRUGGLING NEIGHBORS IN MALDEN, EVERETT, MELROSE, MEDFORD, WAKEFIELD, WINCHESTER, STONEHAM, SAUGUS, READING, NORTH READING, WINTHROP, REVERE AND CHELSEA. O PROVIDED FOOD FOR 63,000 HOUSEHOLDS MADE UP OF 144,000 INDIVIDUALS.O DISTRIBUTED 79,000 BAGS OF GROCERIES TO ADULTS, CHILDREN AND SENIORS THROUGH OUR MALDEN AND EVERETT PANTRIES, MOTEL OUTREACH AND EVERETT BACKPACK NUTRITION PROGRAM.O DELIVERED 12,000 GROCERY ORDERS TO SENIOR CITIZENS, DISABLED RESIDENTS AND COVID-QUARANTINED HOUSEHOLDS THROUGH OUR GROCERY DELIVERY PROGRAM.O DELIVERED MEALS AND GROCERIES TO 4,300 HOMELESS HOUSEHOLDS OF INDIVIDUALS AND FAMILIES SHELTERED IN LOCAL MOTELS.O DISTRIBUTED 3,030 BACKPACKS TO STUDENTS IN THE EVERETT PUBLIC SCHOOLS.O PROVIDED 33,584 MEALS THROUGH OUR EVENING MEAL PROGRAM, INCLUDING MEAL DELIVERY TO HOMEBOUND SENIOR CITIZENS AND FAMILIES AND INDIVIDUALS IN SHELTER. O PROVIDED INTERPRETING AND TRANSLATION SERVICES, NUTRITION AND SANITATION EDUCATION, AND OUTREACH TO IMMIGRANT AND BIPOC COMMUNITIES TO IMPROVE FOOD EQUITY BY OVERCOMING BARRIERS TO ACCESS THROUGH OUR FOOD ACCESS PROJECT.O PROVIDED THOUSANDS OF DOLLARS' WORTH OF SUPERMARKET GIFT CARDS, TOILETRIES, HOUSEHOLD SUPPLIES, DIAPERS, BLANKETS, JACKETS, BOOTS, SNEAKERS, GLOVES, HATS AND SCARVES TO FAMILIES AND INDIVIDUALS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,324,134 | $3,020,253 | -0.6% |
| Expenses | $907,578 | $866,135 | +0.0% |
| Net Income | $416,556 | $2,154,118 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SEAN TWOMEY | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY BETH LEON | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS CHITOURAS | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK GOLUB | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DENNIS ROCHE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KATHLEEN MCKENNA | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| EDWIN ANDREWS | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LOUIS GENTILE JR | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JANA GIMENEZ | RECORDING SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUGLAS MAYERS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BERNADETTE MUTEBI | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SARA BRANDON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| STACY ROACHE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BARBARA DURGIN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH LOMBARDOZZI | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CLAUDIA LEE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT GOODREAU | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,324,134 | $907,578 | $6,396,918 | $416,556 |
| 2022 | $3,020,253 | $866,135 | $5,804,600 | $2,154,118 |
| 2021 | $2,244,469 | $771,544 | $4,290,759 | $1,472,925 |
| 2020 | $2,011,201 | $611,788 | $2,830,982 | $1,399,413 |
| 2018 | $577,121 | $566,146 | $1,267,727 | $10,975 |
Compare BREAD OF LIFE INC with other nonprofits in Massachusetts and across the country.