BREAD FOR LIFE COMMUNITY FOOD PANTRY INC

EIN: 270420937 501(c)(3) Human Services

GLOUCESTER, VA

Total Revenue
$464,706
Total Expenses
$334,709
Total Assets
$612,054
Net Assets
$610,758
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Principal Officer
TRACEY REED
Phone
8048320448
Tax Period
2024-01-01 to 2024-12-31

BREAD FOR LIFE COMMUNITY FOOD PANTRY INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $465K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 28% operating margin.

Mission

This Corporation is organized exclusively for charitable and/or educational purposes for the delivery of donated and purchased food products to those in need.

Program Service Accomplishments

Program 1
Expenses: $330,784 Revenue: $461,235

In 2024, we distributed 611,461 lbs of food to our clients. We discarded 53,208 lbs of food as spoiled. On average, we served 3,036 persons in 1,036 households each month. Our clients came an average...

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In 2024, we distributed 611,461 lbs of food to our clients. We discarded 53,208 lbs of food as spoiled. On average, we served 3,036 persons in 1,036 households each month. Our clients came an average of two times per month to receive food. In total, we had 12,439 client encounters for the year.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $461,235
Program Service Revenue $0
Investment Income $3,471
Other Revenue $0
TOTAL REVENUE $464,706

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,344
Fundraising Expenses $832
Program Expenses $330,784
Other Expenses $309,365
TOTAL EXPENSES $334,709

Year-over-Year Comparison

2024 2023 Change
Revenue $464,706 $359,688 +0.3%
Expenses $334,709 $318,169 +0.1%
Net Income $129,997 $41,519 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
10
Employees
2
Volunteers
71

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$15,000
Total Directors
12
$23,528
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONIQUE RAPOSA EXECUTIVE DIRECTOR 20
Officer Director Highest
$15,000 $0 $15,000
RAYMOND SCHOLZ CHAIRMAN 8
Officer Director
$0 $0 $0
RICHARD FOARD DIRECTOR 2
Director
$0 $0 $0
JOAN GATTUSO DIRECTOR 2
Director
$0 $0 $0
DAVID PICKETT DIRECTOR 9
Director
$0 $0 $0
JAMES RAPOSA DIRECTOR 8
Director
$0 $0 $0
JAMES WESSON VICE PRESIDENT 3
Officer Director
$0 $0 $0
MELISSA HICKS TREASURER 10
Officer Director
$0 $0 $0
ANTHONY MICHURA DIRECTOR 10
Director
$0 $0 $0
MICHAEL WITTY DIRECTOR 11
Director
$0 $0 $0
CYNTHIA GEISERT SECRETARY 4
Officer Director
$0 $0 $0
TRACEY REED EXECUTIVE DIRECTOR 20
Director
$8,528 $0 $8,528
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $464,706 $334,709 $612,054 $129,997
2023 $359,688 $318,169 $481,584 $41,519
2022 $313,717 $251,168 $439,249 $62,549
2021 $309,629 $197,037 $455,796 $112,592
2020 $271,819 $183,961 $264,108 $87,858
2019 $266,444 $272,280 $176,323 $-5,836
2018 $343,000 $297,257 $181,577 $45,743
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