Bread Of Life African Ministries
- Assets
- $68.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Northglenn, CO
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 72-1618390
Organization Overview
Bread Of Life African Ministries is located in Northglenn, CO. The organization was established in 2006. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bread Of Life African Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Bread Of Life African Ministries generated $35.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $31.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Cox President | 10 | $11,980 | |
Primrose Cox Vice President | 10 | $8,320 | |
Barry Hendrick Board Chair/interim Treasurer | 2 | $0 | |
Knoel Hendrick Secretary | 2 | $0 | |
Jennifer Gamble Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,844 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,844 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,328 |
| Professional fees and other payments to independent contractors | $1,064 |
| Occupancy, rent, utilities, and maintenance | $491 |
| Printing, publications, postage, and shipping | $186 |
| Other expenses | $8,744 |
| Total expenses | $31,813 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,556 |
| Other assets | $0 |
| Total assets | $67,986 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,986 |