Nonprofit · EIN 56-2053857
BREAD OF LIFE INC
Tax-exempt · BREVARD, NC 28712
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,524,877 | $486,967 | $1,037,910 | $2,262,770 | $167,460 | $2,095,310 |
| December 31, 2024 | 990 | $508,582 | $306,913 | $201,669 | $1,225,474 | $168,644 | $1,056,830 |
| December 31, 2023 | 990 | $345,217 | $239,278 | $105,939 | $1,030,684 | $175,523 | $855,161 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,482,561
- of which government grants
- $15,000
- Program service revenue
- $0
- Investment income
- $42,316
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $81,436
- Other salaries and wages
- $79,952
- Salaries, compensation and benefits (total)
- $173,734
- Professional fundraising fees
- $0
- Accounting fees
- $3,980
- Occupancy
- $43,486
- Depreciation
- $19,376
- Program services (functional)
- $414,053
- Management and general (functional)
- $65,388
- Fundraising (functional)
- $7,526
Balance sheet and other
- Total assets, start of year
- $1,225,474
- Total assets, end of year
- $2,262,770
- Total liabilities, end of year
- $167,460
- Net assets, end of year
- $2,095,310
- Land, buildings and equipment
- $808,720
- Gross receipts
- $1,524,877
- Employees
- 3
- Volunteers
- 25
- Year formed
- 1996
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sergio Fernandez | Exective Director Officer | 0 | $81,436 |
| Paula Wesley | Finance Manager Officer | 40 | $42,510 |
| Paul Komar | Vice President Officer | 25 | $0 |
| Dick Hennig | Tresurer Officer | 20 | $0 |
| Jann Mellman | President Officer | 30 | $0 |
| Jayne Field | Secretary Officer | 15 | $0 |
| Betsy Peffley | Director Officer | 20 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Paula Wesley | Finance Manager Officer | 40 | $35,065 | $484 |
| Sergio Fernandez | Exective Director Trustee or director | 20 | $26,961 | $0 |
| Shirley Hallblade | Director Trustee or director | 5 | $0 | $0 |
| Paul Komar | President Officer | 25 | $0 | $0 |
| Dick Hennig | Vice President Officer | 15 | $0 | $0 |
| Jann Mellman | Treasurer Officer | 20 | $0 | $0 |
| Jayne Field | Secretary Officer | 15 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michael Collins | Executive Director Highest-paid employee | 40 | $55,309 | $5,471 |
| Paula Wesley | Finance Manager Key employee | 35 | $29,918 | $443 |
| Carl Conley Jr | Vice President Officer | 12 | $0 | $0 |
| Seth McLennan | Treasurer Officer | 12 | $0 | $0 |
| Jayne Field | Secretary Officer | 12 | $0 | $0 |
| Paul Komar | Director Officer | 10 | $0 | $0 |
| Dick Hennig | Director Officer | 10 | $0 | $0 |
| Corey Gafnea | President Officer | 15 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 238 S CALDWELL ST, BREVARD, NC 28712-3604
- In care of
- % PAULA WESLEY
- Signed the 990
- PAULA WESLEY, Finance Manager
- Phone
- (828) 877-3577
- Return prepared by
- James A Wood CPA
Mission
Community kitchen and emergency pantry
Program accomplishments
- A free community kitchen where meals are prepared and served or delivered to the homeless, financially needy, elderly and all those in need in Transylvania County, NCExpenses $414,053
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2053857
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K31)
- Assets (IRS master file)
- $2,262,770
- Income (IRS master file)
- $1,524,877
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,524,877 | $486,967 | $2,262,770 | XML |
| 990 | December 2024 | $508,582 | $306,913 | $1,225,474 | XML |
| 990 | December 2023 | $345,217 | $239,278 | $1,030,684 | XML |
| 990 | December 2022 | $318,124 | $267,311 | $752,041 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2053857).
Questions about BREAD OF LIFE INC
- What is the EIN of BREAD OF LIFE INC?
- The employer identification number (EIN) of BREAD OF LIFE INC is 56-2053857.
- Is BREAD OF LIFE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to BREAD OF LIFE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BREAD OF LIFE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BREAD OF LIFE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BREAD OF LIFE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of BREAD OF LIFE INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $81,436 (Sergio Fernandez, Exective Director).
- How much revenue does BREAD OF LIFE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,524,877, expenses of $486,967 and total assets of $2,262,770 at year end.
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- TRANSYLVANIA FARMERS MARKET EIN 46-2390369 · last filed 990-N for 2024
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- TRANSYLVANIA VOCATIONAL SERVICES INC EIN 56-1261616 · last filed 990 for 2025
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- JOHN N GARDNER INSTITUTE FOREXCELLENCE IN UNDERGRADUATE EDUCATI EIN 26-0166817 · last filed 990 for 2025
- TRANSYLVANIA HABITAT FOR HUMANITY INC EIN 58-1581118 · last filed 990 for 2025
- TRANSYLVANIA PARTNERSHIP INC EIN 56-1894322 · last filed 990 for 2025
All nonprofits in BREVARD · North Carolina · Food, agriculture and nutrition