Mobile Loaves & Fishes Inc
- Assets
- $182.8m
- Revenue
- $37.6m
- Investments
- $0.0
- Employees
- 136
- Location
- Austin, TX
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 74-2956081
Organization Overview
Mobile Loaves & Fishes Inc is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Mobile Loaves & Fishes Inc employed 136 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mobile Loaves & Fishes Inc 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 12/2023, Mobile Loaves & Fishes Inc generated $37.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $21.4m during the year ending 12/2023. While expenses have increased by 21.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD AND CLOTHING AND PROMOTE DIGNITY TO OUR HOMELESS BROTHERS AND SISTERS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBILE LOAVES & FISHES, INC. ("MLF") IS A CHRISTIAN OUTREACH MINISTRY THAT EMPOWERS COMMUNITIES INTO A LIFESTYLE OF SERVICE WITH THE HOMELESS. MLF'S MISSION IS TO PROVIDE FOOD AND CLOTHING, CULTIVATE COMMUNITY AND PROMOTE DIGNITY TO OUR HOMELESS BROTHERS AND SISTERS IN NEED. DELIVERING MORE THAN A SANDWICH, MOBILE LOAVES & FISHES' FOOD TRUCK VOLUNTEERS HIT THE STREETS 7 NIGHTS A WEEK, 365 DAYS A YEAR TO PROVIDE FOOD, CLOTHING, HYGIENE PRODUCTS AND OTHER LIFE-SUSTAINING ITEMS TO OUR HOMESLESS NEIGHBORS. WITH THE SUPPORT OF MORE THAN 30,729 VOLUNTEERS AND OVER 6.4 MILLION MEALS SERVED, MOBILE LOAVES & FISHES IS THE LARGEST PREPARED FEEDING PROGRAM TO THE HOMELESS AND WORKING POOR IN AUSTIN, TEXAS.
THE RELATIONSHIPS DEVELOPED THROUGH MLF'S TRUCK MINISTRY ARE OFTEN THE BEGINNING OF A JOURNEY HOME FOR THE HOMELESS. COMMUNITY FIRST! VILLAGE IS A 51-ACRE MASTER PLANNED COMMUNITY THAT PROVIDES AFFORDABLE, PERMANENT HOUSING AND A SUPPORTIVE COMMUNITY FOR THE CHRONICALLY HOMELESS IN AUSTIN, TEXAS. THE DEVELOPMENT IS CURRENTLY UNDERGOING A SIGNIFICANT EXPANSION WHICH WILL ADD 127 MORE ACRES AND ROOM FOR 1,400 MORE HOMES. SINCE 2005, THIS TRANSFORMATIVE RESIDENTIAL PROGRAM HAS BEEN A STAPLE OF MOBILE LOAVES & FISHES AND HAS BECOME THE LARGEST COMMUNITY-BASED MODEL IN THE COUNTRY LIFTING HOMELESS MEN AND WOMEN UP OFF THE STREETS INTO COMMUNITY AND HOME.
COMMUNITY WORKS PROVIDES MICRO-ENTERPRISE OPPORTUNITIES THAT ENABLE MEN AND WOMEN WHO ARE COMING OUT OF CHRONIC HOMELESSNESS TO USE THEIR GOD-GIVEN TALENTS TO EARN A DIGNIFIED INCOME. IN ADDITION, THE PROGRAM EMPOWERS MOBILE LOAVES & FISHES VOLUNTEERS TO SERVE ALONGSIDE AND BUILD ENDURING RELATIONSHIPS WITH OUR FRIENDS AS THEY DEVELOP NEW SKILLS. MICRO-ENTERPRISE OPPORTUNITIES CURRENTLY AVAILABLE THROUGH COMMUNITY WORKS INCLUDE GARDENING, ART, HOSPITALITY, GROUNDSKEEPING, HOUSEKEEPING, JANITORIAL, AND OTHER JOBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Graham CEO | OfficerTrustee | 40 | $325,037 |
Larry Smith Board Chair | OfficerTrustee | 1 | $0 |
Clint Bybee Treasurer | OfficerTrustee | 1 | $0 |
Neal Nolan Secretary | OfficerTrustee | 1 | $0 |
Jeff Serra Director | Trustee | 1 | $0 |
Sherwynn Patton Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Joe Bland Construction Lp Construction | 12/30/23 | $4,512,871 |
Recreational Resort Cottages Llc Construction | 12/30/23 | $793,576 |
Premier Data Solutions Consulting | 12/30/23 | $539,597 |
Cedar Hills Construction Llc Construction | 12/30/23 | $619,354 |
Studio 8 Architects Inc Architectural Services | 12/30/23 | $700,354 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $601,398 |
| Related organizations | $0 |
| Government grants | $1,218,466 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,641,702 |
| Noncash contributions included in lines 1a–1f | $2,176,299 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,461,566 |
| Total Program Service Revenue | $2,412,432 |
| Investment income | $2,478,289 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,877 |
| Net Income from Fundraising Events | -$38,642 |
| Net Income from Gaming Activities | $32,393 |
| Net Income from Sales of Inventory | $164,308 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,561,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,471,915 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $804,597 |
| Compensation of current officers, directors, key employees. | $105,881 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,915,798 |
| Pension plan accruals and contributions | $149,981 |
| Other employee benefits | $606,667 |
| Payroll taxes | $474,674 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $154,695 |
| Fees for services: Accounting | $43,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,114,535 |
| Advertising and promotion | $131,542 |
| Office expenses | $272,653 |
| Information technology | $557,100 |
| Royalties | $0 |
| Occupancy | $3,120,719 |
| Travel | $3,600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $226,069 |
| Interest | $14,218 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,014,921 |
| Insurance | $173,654 |
| All other expenses | $386,972 |
| Total functional expenses | $21,441,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,694,068 |
| Savings and temporary cash investments | $55,567,506 |
| Pledges and grants receivable | $15,816,209 |
| Accounts receivable, net | $1,268,547 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $12,873,743 |
| Inventories for sale or use | $60,588 |
| Prepaid expenses and deferred charges | $213,059 |
| Net Land, buildings, and equipment | $74,398,145 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,893,768 |
| Total assets | $182,785,633 |
| Accounts payable and accrued expenses | $976,591 |
| Grants payable | $0 |
| Deferred revenue | $51,255 |
| 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 | $904,332 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,045,132 |
| Total liabilities | $16,977,310 |
| Net assets without donor restrictions | $93,472,672 |
| Net assets with donor restrictions | $72,335,651 |
| 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 | $182,785,633 |