Make Bread
- Assets
- $599.8k
- Revenue
- $4.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kirkland, WA
- Founding
- Data as of
- 12/2021
- EIN
- 86-1329160
Organization Overview
Make Bread is located in Kirkland, WA. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Make Bread 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 12/2021, Make Bread generated $4.0 in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jed P Demeule Vice President | Officer | 1 | $0 |
Markay Latimer President | Officer | 1 | $0 |
Kylan Demeule Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $185 |
| Total functional expenses | $185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $559,815 |
| Savings and temporary cash investments | $40,004 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $599,819 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $599,819 |
| Total liabilities and net assets/fund balances | $599,819 |
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