Cortland Loaves & Fishes Inc
- Assets
- $323.7k
- Revenue
- $261.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Cortland, NY
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 16-1236737
Organization Overview
Cortland Loaves & Fishes Inc is located in Cortland, NY. The organization was established in 2004. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Cortland Loaves & Fishes Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cortland 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 12/2021, Cortland Loaves & Fishes Inc generated $261.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $156.5k during the year ending 12/2021. While expenses have increased by 9.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING MEALS TO THE NEEDY; SOUP KITCHEN
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SUCCESSFULLY MAINTAINED THE MEALS PROGRAM THROUGH CONTINUED COMMUNITY SUPPORT AND SPECIAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Hill Executive Dir. | Trustee | 40 | $43,730 |
Thomas Caminiti President | OfficerTrustee | 0 | $0 |
Sean Mack Vice President | OfficerTrustee | 0 | $0 |
Robert M Shafer Treasurer | OfficerTrustee | 0 | $0 |
Marybeth Austin Director | Trustee | 0 | $0 |
Ed Finkbeiner Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,099 |
| Related organizations | $0 |
| Government grants | $29,775 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,142 |
| Total Program Service Revenue | $0 |
| Investment income | $22,215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69,865 |
| Net Income from Fundraising Events | -$581 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,641 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,150 |
| 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. | $43,730 |
| Compensation of current officers, directors, key employees. | $4,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,970 |
| Pension plan accruals and contributions | $1,674 |
| Other employee benefits | $4,543 |
| Payroll taxes | $5,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,136 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $478 |
| Advertising and promotion | $0 |
| Office expenses | $1,247 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $8,191 |
| Total functional expenses | $156,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,990 |
| Savings and temporary cash investments | $5,991 |
| 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 | $0 |
| Investments—publicly traded securities | $283,671 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $323,652 |
| 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 | $1,726 |
| Total liabilities | $1,726 |
| Net assets without donor restrictions | $0 |
| 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 | $321,926 |
| Total liabilities and net assets/fund balances | $323,652 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Cortland Loaves & Fishes Inc has recieved totaling $38,333.
| Awarding Organization | Amount |
|---|---|
Brockway Foundation For The Needy Of The Village & Township Et Al Homer, NY PURPOSE: FOOD BANK & KITCHEN | $23,000 |
Central New York Community Foundation Inc Syracuse, NY PURPOSE: GENERAL SUPPORT; PROGRAM SUPPORT | $10,000 |
Ralph Wilkins Foundation Cortland, NY PURPOSE: SUMMER 2022 SCHOOL LUNCH PROGRAM | $3,500 |
Ralph Wilkins Foundation Cortland, NY PURPOSE: FOOD BACKPACK PROGRAM | $1,500 |
Siegle Foundation Inc Homer, NY PURPOSE: CHARITABLE SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Community Services Inc Jamaica, NY | $16,204,658 | $61,833,370 |
Table To Table Inc Hasbrouck Heights, NJ | $8,623,118 | $52,420,160 |
Foodlink Inc Rochester, NY | $12,495,538 | $50,797,539 |
Rethink Food Nyc Inc New York, NY | $24,716,191 | $29,334,574 |
412 Food Rescue Inc Pittsburgh, PA | $6,363,221 | $17,851,896 |
Project Bread - The Walk For Hunger Inc East Boston, MA | $11,948,413 | $15,098,686 |
Tomche Shabbos Of Rockland County Monsey, NY | $3,190,088 | $8,439,711 |
Interfaith Nutrition Network Hempstead, NY | $10,559,882 | $10,681,917 |
Move For Hunger Inc Neptune, NJ | $1,899,350 | $7,237,054 |
St Johns Bread & Life Program Inc Brooklyn, NY | $8,308,596 | $7,077,565 |
T A S K Trenton, NJ | $14,881,769 | $6,763,613 |
Boston Area Gleaners Inc Acton, MA | $5,396,284 | $7,361,756 |