Make Bread

EIN: 861329160 501(c)(3) Youth Development

Kirkland, WA

Total Revenue
$4
Total Expenses
N/A
Total Assets
$598,861
Net Assets
$598,861
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NV
Principal Officer
Markay Latimer
Phone
2066837599
Tax Period
2023-01-01 to 2023-12-31

Make Bread, founded in 2020, is a micro nonprofit in the Youth Development sector that reported $4 in total revenue in fiscal year 2023.

Mission

Make Bread inspires self-confidence, builds financial independence, and shares the vision of wise investing to create educated and financially savvy youth who invest in safe ways to grow their dough for a better future.

Program Service Accomplishments

Program 1

Grow Your Dough for Kids: Teaching online and live classes to middle school children. The focus is to teach kids to be smart with their money, a skill they are not being taught in school. In this...

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Grow Your Dough for Kids: Teaching online and live classes to middle school children. The focus is to teach kids to be smart with their money, a skill they are not being taught in school. In this course they learn to save money, to balance income versus expenses and to begin investing while young. The program is meant to give middle school children a healthy start to their adult lives by giving them a strong financial foundation along with the perspective of what can be accomplished if they delay instant gratification for longer-term financial gains.

Program 2

Fluency for Teens: Teaching online and live classes to high school age children. The focus is to teach financial literacy to high school aged teens that are not receiving this education in school...

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Fluency for Teens: Teaching online and live classes to high school age children. The focus is to teach financial literacy to high school aged teens that are not receiving this education in school. They are taught how to save money, create a budget, basic concepts of credit, how to balance income versus expenses and an introduction to how various investment vehicles work, for example the stock market and real estate. The goal is to challenge teens to embrace saving and investing as opposed to spending and getting in debt. The program is meant to give kids a healthy start to their adult lives by giving them a strong financial education along with the perspective of what can be accomplished if they delay instant gratification for longer-term financial gains. The hope is that some will even begin investing in their youth.

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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 $0
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $4

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $4 $4 N/A
Expenses N/A $965 -1.0%
Net Income N/A $-961 N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jed P Demeule Vice President 1.00
Officer
$0 $0 $0
Markay Latimer President 1.00
Officer
$0 $0 $0
Kylan Demeule Treasurer 1.00
Officer
$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
2024 No data No data No data No data
2023 $4 No data $598,861 No data
2022 $4 $965 $598,858 $-961
2021 $4 $185 $599,819 $-181
2020 $600,000 No data $600,000 No data
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