Loaves & Fishes Inc

Organization Overview

Loaves & Fishes Inc is located in Las Cruces, NM. The organization was established in 2012. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 12/2022, Loaves & Fishes Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 20.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

LOAVES & FISHES, INC. INCORPORATED IN 2012 TO ADMINISTER THE COMMODITY SUPPLEMENTAL FOOD PROGRAM (CSFP) FOR THE ELDERLY ON SOUTHERN NEW MEXICO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COMMODITY SUPPLEMENTAL FOOD PROGAM (CSFP) PROVIDES A MONTHLY "BOX" OF UNITED STATES DEPARTMENT OF AGRICULUTRE (USDA) NUTRITIOUS FOOD TO SUPPLEMENT THE DIET OF LOW-INCOME ELDERLY AT LEAST 60 YEARS OF AGE WHO ARE AT RISK OF MALNUTRITION. CSFP IS FUNDED BY THE USDA THROUGH THE NEW MEXICO HUMAN SERVICES DEPARTMENT. CSFP PROVIDES FOR WAREHOUSING, CERTIFICATION OF ELIGIBLE PARTICIPANTS, INVENTORY CONTROL AND ULTIMATE FOOD DISTRIBUTION.


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Board, Officers & Key Employees

Name (title)Compensation
Matthew Whelan
Treasurer
$0
Michael Sanchez
Director
$0
Fred Espinoza
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,453,976
All other contributions, gifts, grants, and similar amounts not included above$686
Noncash contributions included in lines 1a–1f $1,102,976
Total Revenue from Contributions, Gifts, Grants & Similar$1,454,662
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 $1,454,662

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