THE BREAD GLOBAL INC

EIN: 822103582 501(c)(3) Religion

Murfreesboro, TN

Total Revenue
$242,849
Total Expenses
$271,343
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TN
Principal Officer
JUSTIN STEIDINGER
Phone
6153000821
Tax Period
2023-01-01 to 2023-12-31

THE BREAD GLOBAL INC, founded in 2017, is a small nonprofit in the Religion sector that reported $243K in total revenue in fiscal year 2023. Expenses of $271K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO DEVELOP COMMUNITIES OF FAITH BASED ON DEEP RELATIONSHIP AND DOING LIFE TOGETHER FOR THE PURPOSE OF ADVANCING THE GOSPEL AND EMPOWERING THE NEXT GENERATION TO LEAD BY EXAMPLE

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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 (2023)

Revenue Breakdown

Contributions & Grants $242,849
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $242,849

Expense Breakdown

Grants Paid $101,802
Salaries & Benefits $78,804
Fundraising Expenses $0
Program Expenses $267,218
Other Expenses $90,737
TOTAL EXPENSES $271,343

Year-over-Year Comparison

2023 2022 Change
Revenue $242,849 $254,256 0.0%
Expenses $271,343 $244,167 +0.1%
Net Income $-28,494 $10,089 -3.8%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
2
Volunteers
25

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
2
$6,600
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN STEIDINGER PRESIDENT 20.00
Officer
$0 $0 $0
JON MCPETERS SECRETARY/TREASURER 30.00
Officer
$6,600 $0 $6,600
MO OBAYAMI DIRECTOR 0.50
Director
$0 $0 $0
MATT ROWLETT DIRECTOR 0.50
Director
$0 $0 $0
SEAN STECKBECK DIRECTOR 40.00
Director
$0 $0 $0
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
2023 $242,849 $271,343 No data $-28,494
2022 $254,256 $247,828 $52,536 $6,428
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