Loaves & Fishes Ministries Inc
- Assets
- $915.4k
- Revenue
- $279.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Hartford, CT
- Founding
- 07/1992
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Loaves & Fishes Ministries Inc generated $279.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $227.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 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
2021
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 14,300 MEALS, 700 PANTRY BAGS, AND 2,800 SANDWICH BAGS WERE SERVED TO CLIENTS IN NEED IN 2021. DIRECT CASH EXPENDITURES $104,221 --------IN-KIND CONTRIBUTIONS: MEALS PREPARED BY VOLUNTEERS, $ 85,450 VALUE OF FOOD BAGS, 191,840 VALUE OF FOOD CONTRIBUTED 69,561 -------- SUBTOTAL - IN-KIND $346,851 -------- TOTAL FOOD SERVICE $451,072 --------
DIRECT AID AND REFERRALS: 4,981 FAMILIES WERE SERVED. MEMBERS OF 85% OF THESE FAMILIES, 4,234, ARE ASYLUM HILL RESIDENTS.MASKS: MASKS, APPROXIMATELY 200, WERE GIVEN OUT TO ALL CLIENTS WHO ASKED FOR THEM. SPECIAL SERVICES: WE PROVIDED WARM COATS, GLOVES, HATS, SWEATSHIRTS AND FLEECE PULLOVERS TO OVER 150 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 90 CLIENT APPOINTMENTS.DIRECT AID AND REFERRALS EXPENSES - $29,183
FOOD, CLOTHING AND HOUSEHOLD GOODS DISTRIBUTED FROM IN-KIND CONTRIBUTIONS, $19,125.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Hild Executive Dir. | Officer | 40 | $81,230 |
Abbey Kreinik Treasurer | OfficerTrustee | 2 | $0 |
Linda Castiglione Vice President | OfficerTrustee | 2 | $0 |
Chester Brodnicki President | OfficerTrustee | 2 | $0 |
Beverly Hughes Secretary | OfficerTrustee | 1 | $0 |
Kevin Scarrozzo Director | Trustee | 3 | $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 | $268,301 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,301 |
| Total Program Service Revenue | $0 |
| Investment income | $8,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,207 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $279,371 |
| 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. | $81,231 |
| Compensation of current officers, directors, key employees. | $40,616 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,583 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,000 |
| Payroll taxes | $11,308 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,343 |
| Fees for services: Other | $3,843 |
| Advertising and promotion | $0 |
| Office expenses | $2,953 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,481 |
| 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 | $11,005 |
| Insurance | $8,814 |
| All other expenses | $2,481 |
| Total functional expenses | $227,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,386 |
| 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 | $321,892 |
| Investments—publicly traded securities | $324,083 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $915,361 |
| 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 | $915,361 |
| 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 | $915,361 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Loaves & Fishes Ministries Inc has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Walter And Julianne Sullivan Foundation West Hartford, CT PURPOSE: GENERAL SUPPORT | $3,500 |
Endowment Analysis
| Beg. Balance | $309,459 |
| Earnings | $13,310 |
| Admin Expense | $1,343 |
| Net Contributions | $2,656 |
| Ending Balance | $324,082 |
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|---|---|---|
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Mercy Life Inc West Springfield, MA | $6,533,362 | $24,380,335 |
Chayim Vchesed Inc Brooklyn, NY | $4,624,709 | $20,578,750 |
Family Life Ministries Inc Bath, NY | $17,860,923 | $9,093,458 |
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Resist Inc Jamaica Plain, MA | $7,004,475 | $7,102,680 |
Community Life Center Inc New York, NY | $644,812 | $3,859,837 |
Quincy Point Congregational Church Homes Inc Quincy, MA | $91,051,242 | $3,401,852 |
Tools Of The Mind Shirley, MA | $4,682,421 | $5,282,072 |
Overcoming Love Ministries Inc Woodhaven, NY | $3,350,912 | $2,614,539 |
Servants Of The Word Inc Glens Falls, NY | $3,237,962 | $3,756,976 |
Camp Hasc Inc Brooklyn, NY | $5,763,474 | $3,581,711 |