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Human Services : Social Services

Project Bread

A Fresh Approach to Ending Hunger

two stars

79.33

145 Border Street East Boston, MA 02128
tel: (617) 723-5000   Web Site
EIN: 04-2931195

Board Leadership
Peter Levangie
Chair

CEO
Erin McAleer
President

  Score
(out of 100)
Rating
Overall Score & Rating 79.33 two stars
  Financial 72.54 two stars
  Accountability & Transparency 90.00 four stars
This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Project Bread is an anti-hunger organization committed to providing people of all ages, cultures, and walks of life with sustainable, reliable access to nutritious food. From community-based meal programs, to early childhood and school nutrition initiatives, to improved access to farm-to-table resources, Project Bread approaches hunger as a complex problem with multiple solutions. With funds raised through The Walk for Hunger, the oldest continual pledge walk in the country, and other sources, Project Bread pioneers innovative initiatives and supports effective programs to eradicate hunger. For more information, visit www.projectbread.org.

Project Bread is an anti-hunger organization committed to providing people of all ages, cultures, and walks of life with sustainable, reliable access to nutritious food. From community-based meal programs, to early childhood and school nutrition initiatives, to improved access to farm-to-table resources, Project Bread approaches hunger as a complex problem with multiple solutions. With funds raised through The Walk for Hunger, the oldest continual pledge walk in the country, and other sources, Project Bread pioneers innovative initiatives and supports effective programs to eradicate hunger. For more information, visit www.projectbread.org.

Financial

two stars

72.54

Accountability & Transparency

four stars

90.00

This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.1%
  Administrative Expenses 7.8%
  Fundraising Expenses 16.0%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 0.54
  Program Expenses Growth < 0.1%
  Liabilities to Assets 30.9%
All data for Financial Performance Metrics calculations was provided by Project Bread on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Project Bread on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Project Bread (MA) 79.33 two stars
Meals on Wheels of Wake County (NC) 86.94 three stars
FamilyWorks (WA) 88.53 three stars
Fort Bend Senior Meals on Wheels (TX) 90.86 four stars
Shoreline Soup Kitchens & Pantries (CT) 91.16 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,991,760
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,170,794
Total Contributions $6,162,554
   Program Service Revenue $0
Total Primary Revenue $6,162,554
   Other Revenue $10,224
TOTAL REVENUE $6,172,778
   
EXPENSES  
   Program Expenses $4,648,733
   Administrative Expenses $434,245
   Fundraising Expenses $905,913
TOTAL FUNCTIONAL EXPENSES $5,988,891
   
Payments to Affiliates $0
Excess (or Deficit) for the year $183,887
   
Net Assets $3,231,070

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Hunger Relief Grants $1,622,856 34.9%
Public Awareness $1,525,110 32.8%
Programs to Ensure Access to Food $1,234,703 26.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-09 12/01/2020 79.33 two stars
2018-09 02/01/2020 80.16 three stars
2017-09 08/01/2018 78.36 two stars
2016-09 12/22/2017 78.87 two stars
2016-09 10/01/2017 77.82 two stars
2015-09 10/01/2016 78.86 two stars
2014-09 06/01/2016 83.30 three stars
 
CN 2.0
2014-09 12/22/2015 80.02 three stars
2013-09 06/01/2015 81.12 three stars
2012-09 03/01/2014 78.53 two stars
2011-09 12/01/2012 85.53 three stars
2010-09 05/01/2012 83.60 three stars
2009-09 09/20/2011 85.24 three stars
 
CN 1.0
2009-09 02/01/2011 81.17 three stars
2008-09 11/01/2009 77.21 two stars
2007-09 07/01/2008 77.27 two stars
2006-09 12/01/2007 66.11 one star
2004-09 02/01/2006 80.77 three stars
2003-09 11/01/2004 86.21 three stars
2002-09 12/01/2003 83.14 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-2931195
Name in IRS Master File PROJECT BREAD - THE WALK FOR HUNGER INC
NTEE Code K30
NTEE Classification Food Service, Free Food Distribution Programs
NTEE Type Food, Agriculture and Nutrition
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
(994) Described in section 170(b)1)(a)(vi) of the Code
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1987
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$202,357 3.37% Erin McAleer President

Highly Rated

Charity Name & State Overall Score Overall Rating
Project Bread (MA) 79.33 two stars
MANNA (PA) 93.10 four stars
Nourish Phoenix (AZ) 91.25 four stars
Open Hand (GA) 89.79 three stars
St. Vincent de Paul Society of Marin County (CA) 97.87 four stars

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Charity Contact Info

Project Bread
145 Border Street
East Boston, MA 02128
tel: (617) 723-5000
fax: (617) 248-8877
EIN: 04-2931195

Visit Web Site

Board Leadership

Peter Levangie
Chair

CEO

Erin McAleer
President

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