Loaves & Fishes Ministries
- Assets
- $129.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Warrenton, NC
- Founding
- 04/2001
- Data as of
- 06/2022
- EIN
- 56-2185051
Organization Overview
Loaves & Fishes Ministries is located in Warrenton, NC. The organization was established in 2001. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loaves & Fishes Ministries 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, Loaves & Fishes Ministries generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 9.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
FOOD SUPPORT FOR QUALIFIED HOUSEHOLDS ASSISTANCE WITH RENT AND UTILITIES ON A NEED BASIS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BECOME AWARE OF AND MEET THE PERSONAL, PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS OF FAMILIES. TO GIVE HELP IN SUCH A WAY AS TO ENCOURAGE SELF-RESPECT, DIGNITY, AND A DESIRE TO HELP OTHERS TOTAL VOLUNTEER HOURS DURING THE YEAR ENDING JUNE 30, 2022 AMOUNTED TO 7353.5
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Swanner CEO | OfficerTrustee | 5 | $0 |
Rosa Jones Director Of Operations | OfficerTrustee | 1 | $0 |
Jackie Burnett Vice President | OfficerTrustee | $0 | |
Harriet Cooper Treasurer | OfficerTrustee | 2 | $0 |
Ann Spence Board Member | Trustee | $0 | |
David Williams Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $309,930 |
| All other contributions, gifts, grants, and similar amounts not included above | $809,061 |
| Noncash contributions included in lines 1a–1f | $1,015,891 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,118,991 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,118,991 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,007,318 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20,476 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,168 |
| Travel | $11,100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,255 |
| All other expenses | $0 |
| Total functional expenses | $1,132,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,774 |
| Savings and temporary cash investments | $7,476 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,573 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $12,692 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $129,515 |
| Accounts payable and accrued expenses | -$169 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$169 |
| Net assets without donor restrictions | $129,684 |
| Net assets with donor restrictions | $0 |
| 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 | $129,515 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Loaves & Fishes Ministries has recieved totaling $954,961.
| Awarding Organization | Amount |
|---|---|
Food Bank Of Central & Eastern North Carolina Inc Raleigh, NC PURPOSE: FIGHT HUNGER | $941,211 |
The Conservation Fund A Nonprofit Corporation Arlington, VA PURPOSE: CONSERVATION OF NATURAL RESOURCES;SUSTAINABLE ECONOMIC & COMMUNITY DEVELOPMENT | $13,500 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chesterfield Food Bank Chester, VA | $4,733,303 | $12,678,774 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Christian Relief Services - 21st Century Campaign Inc Alexandria, VA | $158,124,944 | $23,648,742 |