Bread Project
- Assets
- $213.7k
- Revenue
- $684.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Berkeley, CA
- Founding
- 07/2000
- Data as of
- 06/2022
- EIN
- 94-3363920
Organization Overview
Bread Project is located in Berkeley, CA. The organization was established in 2000. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Bread Project employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bread Project 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 06/2022, Bread Project generated $684.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $670.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE A FOOD PREP & BAKING JOB TRAINING & PLACEMENT PROGRAM. THE PROGRAM IS 5 WEEKS, 150 HOURS, AND FREE FOR ALL LOW INCOME YOUTH AND ADULTS OVER 18 IN THE SAN FRANCISCO BAY AREA. YOU WILL LEARN COMMERCIAL FOOD PREPARATION AND BAKING ALONG WITH THE JOB READINESS SKILLS ESSENTIAL TO MEANINGFUL EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BETWEEN JULY 1, 2021 AND JUNE 30, 2022, THE BREAD PROJECT ENROLLED 96% LOW-INCOME INDIVIDUALS AND GRADUATED 46 OVER A PERIOD OF NINE EXPANDED BAKERY BOOTCAMP SESSIONS. EACH BAKERY BOOTCAMP IS 5 WEEKS LONG AND 150 HOURS OF INSTRUCTION. WITH 46 GRADUATES @ 150 HOURS EACH, THAT'S A COMBINED 3,510 HOURS OF INDIVIDUALIZED INSTRUCTION. ALL PROGRAM PARTICIPANTS WERE LOW-INCOME, WITH 88% BEING UNEMPLOYED WHEN ENTERING THE PROGRAM AND RECEIVING SOME FORM OF PUBLIC BENEFITS. THE GRADUATES FACED MANY BARRIERS TO EMPLOYMENT: LACK OF PERMANENT HOUSING (48%), MINIMAL EDUCATION (48% HAVE HS/GED DIPLOMA ONLY), ENGLISH IS A SECOND LANGUAGE (9%), PRIOR INCARCERATION (41%), VARIOUS DISABILITIES (18%), AND IMMIGRANTS OR REFUGEES (9%). DEMOGRAPHICS: FEMALE (48%) OF WHOM 40% ARE HEADS OF HOUSEHOLD, AFRICAN/AFRICAN AMERICAN (67%), ASIAN/PACIFIC ISLANDER (8%), HISPANIC/LATINO (8%), MULTIRACIAL (2%), CAUCASIAN/WHITE (5%), OTHER/UNKNOWN (2%), 27% ARE 18 TO 24, 44% ARE 25 TO 45, FROM ALAMEDA COUNTY (90%), CONTRA COSTA COUNTY (8%), AND SAN JOAQUIN COUNTRY (1%) *MANY OF WHOM LOST THEIR JOBS WITH THE SHUTDOWN OF THE RESTAURANT INDUSTRY; INFORMATION ON THIS ISINCLUDED LATER IN THIS REPORT.BY HELPING VULNERABLE ADULTS GAIN ESSENTIAL SKILLS, JOB READINESS, AND EMPLOYMENT, OUR MEASURABLE OUTCOMES HAVE BEEN RATHER CONSISTENT OVER THE PAST 20 YEARS IN IMPROVING THE HEALTH OF THOSE WE HAVE SERVED AND THEIR EXTENDED FAMILIES. WE HAVE GRADUATED OVER 2,100 ADULTS WITH A 82% GRADUATION RATE, 89% EMPLOYMENT RATE, AND AN 80-85% JOB RETENTION RATE.
OTHER WE SERVE IS OUR COMMUNITY MEAL PROGRAM. WE PREPEARED OVER 26,000 MEALS ANUALLY FOR THE HOME LESS AND FOOD INSECURE. TRAINEES LEARN FOOD PREP AT SCALE BY PREPARING 400 MEALS WEEKLUY FOR THE HOMELESS, PLUS 100 MEALS FOR THEIR OWN INSECURE FAMILIES.
OUR ENTERPRENEURS INCUBETOR PROGRAM PROVIDES 4-6 ENTREPRENEURS AND THEIR FOOD STARTUPS ANNUALLY WITH PRODUCTION/FOOD HANDALING TRAINING AND GET KITCHEN SPACE TO LEARN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Usha Gongal Executive Director | Trustee | 40 | $94,050 |
Lisa Caronna Secretary | OfficerTrustee | 2 | $0 |
Jane Micallef Treasurer | OfficerTrustee | 2 | $0 |
Richard Golfin Vice-Chair | OfficerTrustee | 2 | $0 |
Scott Miller Chairperson | OfficerTrustee | 2 | $0 |
Jane Kaplan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $361,667 |
| All other contributions, gifts, grants, and similar amounts not included above | $274,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $636,561 |
| Total Program Service Revenue | $19,224 |
| Investment income | $667 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,411 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $684,863 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $20,011 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $281,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,755 |
| Payroll taxes | $31,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,342 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,252 |
| Advertising and promotion | $1,343 |
| Office expenses | $3,010 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,336 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,968 |
| Insurance | $7,465 |
| All other expenses | $22,422 |
| Total functional expenses | $670,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,838 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $85,451 |
| 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 | $22,596 |
| Net Land, buildings, and equipment | $7,848 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $213,733 |
| Accounts payable and accrued expenses | $12,488 |
| 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 | $142,849 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $155,337 |
| Net assets without donor restrictions | -$56,626 |
| Net assets with donor restrictions | $115,022 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $213,733 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bread Project has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Lowell Berry Foundation Lafayette, CA PURPOSE: GENERAL SUPPORT | $10,000 |