Breedlove Foods (Breedlove) develops and produces nutritious and low-cost food dedicated to humanitarian aid, domestically and internationally. Food products are disbursed to individuals via partner agencies. As reported by the organization, Breedlove occupies a 40-acre, 90,000 square foot facility that contains a full-production plant, warehousing space for ingredients and finished products, and office space, including a food research facility and quality assurance laboratory. In fulfilling its mission to provide food for those in need, Breedlove works with various organizations, non-governmental organizations and government humanitarian agencies throughout the world.
For the year ended September 30, 2020, Breedlove Foods's program expenses were:
Program services |
$5,991,753 |
Total Program Expenses: |
$5,991,753 |
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Chief Executive
Bill Miller, Chief Executive Officer
-
Compensation*
$100,000
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Chair of the Board
Brad Bouma
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Chair's Profession / Business Affiliation
President, Select Milk Producers, Inc.
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Board Size
12
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Paid Staff Size
28
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Other
Fundraising costs were 32% of related contributions. (Related contributions, which totaled $178,678, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Breedlove Foods's audited financial statements for the year ended September 30, 2020.
Source of Funds |
Program service income |
$6,256,659 |
Other Income |
$166,068 |
Contributions |
$15,865 |
Total Income |
$6,438,592 |
- Programs: 94%
- Administrative: 6%
- Fundraising: Less than 1%
Total Income |
$6,438,592 |
Program expenses |
$5,991,753 |
Fundraising expenses |
$57,299 |
Administrative expenses |
$330,024 |
Other expenses |
$0 |
Total expenses: |
$6,379,076 |
Income in Excess of Expenses |
$59,516 |
Beginning Net Assets |
$9,852,057 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$9,911,573 |
Total Liabilities |
$474,765 |
Total Assets |
$10,386,338 |