Loaves & Fishes Ministries Inc
- Assets
- $1.1m
- Revenue
- $235.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Hartford, CT
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 06-1328823
Organization Overview
Loaves & Fishes Ministries Inc is located in Hartford, CT. The organization was established in 1992. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Loaves & Fishes Ministries Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loaves & Fishes Ministries 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, Loaves & Fishes Ministries Inc generated $235.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $260.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 9 years. 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 HELP PEOPLE IN OUR COMMUNITY TO LIVE WITH SPIRITUAL DIGNITY AND INDEPENDENCE, CARING FOR THEMSELVES AND OTHERS, AND TO BE ABLE TO FULFILL THEIR POTENTIAL AS CHILDREN OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD SERVICE: SOUP KITCHEN AND FOOD PANTRYLUNCH, MONDAYS THROUGH FRIDAYS -- APPROXIMATELY 22,500 MEALS, 3,600 PANTRY BAGS, AND 7,500 SANDWICH BAGS WERE SERVED TO CLIENTS IN NEED IN 2023. DIRECT CASH EXPENDITURES $114,245 --------IN-KIND CONTRIBUTIONS: MEALS PREPARED BY VOLUNTEERS, $156,137 VALUE OF FOOD BAGS, 178,490 VALUE OF FOOD CONTRIBUTED 33,412 -------- SUBTOTAL - IN-KIND $368,039 -------- TOTAL FOOD SERVICE $482,284 --------
DIRECT AID AND REFERRALS: 6,751 FAMILIES WERE SERVED. MEMBERS OF 80% OF THESE FAMILIES, 5,401, ARE ASYLUM HILL RESIDENTS.MASKS: HUNDREDS OF MASKS WERE GIVEN OUT TO ALL CLIENTS WHO ASKED FOR THEM. SPECIAL SERVICES: WE PROVIDED WARM COATS, GLOVES, HATS, SWEATSHIRTS AND FLEECE PULLOVERS TO OVER 250 CLIENTS.JOB TRAINING: THE JOB COUNSELOR HELPED WITH A VARIETY OF NEEDS, INCLUDING LOOKING FOR WORK, FILING FOR UNEMPLOYMENT, FOLLOWING UP ON CURRENT CASES, FILLING OUT RENTAL APPLICATIONS, AND HELPING CLIENTS STUDY FOR A DRIVER'S LICENSE. THE JOB COUNSELOR SAW AN AVERAGE OF TWO CLIENTS PER WEEK, FOR A TOTAL OF OVER 167 CLIENT APPOINTMENTS.HOLIDAY ITEMS: SPECIAL HOLIDAY ITEMS WERE GIVEN TO CHILDREN AND FAMILIES AT EASTER AND AT CHRISTMAS IN 2023 INCLUDING 25 EASTER BASKETS WITH TOYS AND STUFFED ANIMALS. WE ALSO GAVE EACH CLIENT A SPECIAL THANKSGIVING PANTRY BAG FILLED WITH HOLIDAY CANNED GOODS AND FOOD ITEMS WITH THEIR HOLIDAY MEAL. BACKPACKS STUFFED WITH SCHOOL SUPPLIES WERE GIVEN TO 9 CHILDREN IN OUR CLIENT POPULATIONDIRECT AID AND REFERRALS EXPENSES - $32,063
FOOD, CLOTHING AND HOUSEHOLD GOODS DISTRIBUTED FROM IN-KIND CONTRIBUTIONS, $9,555.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Hild Executive Dir. | Officer | 40 | $87,785 |
Linda Castiglione From 323 President | OfficerTrustee | 2 | $0 |
Abbey Kreinik Treasurer | OfficerTrustee | 2 | $0 |
Chester Brodnicki To 323 President | OfficerTrustee | 3 | $0 |
Linda Castiglione To 323 Vice President | OfficerTrustee | 2 | $0 |
Stephen Schneeberger Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $214,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $214,150 |
| Total Program Service Revenue | $0 |
| Investment income | $19,607 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,033 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $235,790 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $87,785 |
| Compensation of current officers, directors, key employees. | $43,893 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,169 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,000 |
| Payroll taxes | $13,001 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,254 |
| Fees for services: Other | $469 |
| Advertising and promotion | $0 |
| Office expenses | $3,782 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,998 |
| Travel | $0 |
| 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 | $10,872 |
| Insurance | $9,540 |
| All other expenses | $5,093 |
| Total functional expenses | $260,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,949 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $314,649 |
| Investments—publicly traded securities | $620,948 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,123,546 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,123,546 |
| 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 | $1,123,546 |