Financials

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Our Daily Bread Financial Information

ODB Expenses — 2016

Total: $223,315

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ODB Sources of Income — 2016

Total: $219,599

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Financial Notes
  • Staff consists of a Program Director, a Case Worker and an Administrative Assistant, all part-time employees.
  • Food costs represent only 10% of our expenses due to generous in-kind donations from many local businesses. Managing this supply of food adds to our staffing costs, but the total cost is lower and the food quality is higher.
  • ODB strives to keep our total per-meal cost below $3. We did not meet this goal in 2016 due to unexpected capital replacement costs.
  • ODB spends less than 1% on fundraising.
  • The largest source of income is from individuals; 50% of these donations are received in 3 months: Oct-Nov-Dec.
Financial planning is always a challenge since we have limited reserves
and the demand for meals continues to remain high!