Loaves And Fishes Ministry Inc, operating under the name Loaves and Fishes, is located in Raleigh, NC. The organization was established in 1985. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 05/2023, Loaves and Fishes employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loaves and Fishes 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 05/2023, Loaves and Fishes generated $242.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $226.3k during the year ending 05/2023. While expenses have increased by 3.7% per year over the past 4 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
WE PROVIDE ACADEMIC ASSISTANCE AND SOCIAL-EMOTIONAL SKILLS FOR UNDER-RESOURCED YOUTH IN COLLABORATION WITH SCHOOLS, FAMILIES, AND OTHER COMMUNITY AGENCIES. WE STRIVE TO BUILD RESILIENCE TO ADVERSE CHILDHOOD EXPERIENCES (ACES) AND PREPARE YOUTH FOR LIFE OPPORTUNITIES. WE WORK CLOSELY WITH THE FAMILIES OF OUR YOUTH WHO FREQUENTLY STRUGGLE WITH HUNGER, UNSTABLE HOUSING, POOR TRANSPORTATION, AND LW-WAGE EMPLOYMENT TO PARTNER WITH OTHER AGENCIES IN THE COMMUNITY. WE ALSO WORK TO PROVIDE ENRICHMENT ACTIVITIES FOR OUR YOUTH TO ALLOW THEM TO HAVE FUN AND BUILD SELF-ESTEEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTERSCHOOL PROGRAM: WE BRING K-12 GRADE STUDENTS FROM THEIR SCHOOLS TO OUR FACILITY USING OUR OWN MINIBUSES FOR ACADEMIC ASSISTANCE, TO BUILD SOCIAL-EMOTIONAL SKILLS, AND TO PROVIDE ENRICHMENT EXPERIENCES. INCLUDED IN OUR PROGRAM ARE HEALTHY SNACKS, TUTORING, REMEDIAL ACADEMIC ASSISTANCE, FIELD TRIPS, MENTORING, SPIRITUAL DEVELOPMENT, PHYSICAL ACTIVITIES, AND COLLABORATIONS WITH OTHER ORGANIZATIONS TO OFFER A VARIETY OF ADDITIONAL PROGRAMS AND EXPERIENCES. WE WORK CLOSELY WITH SCHOOL TEACHERS AND COUNSELORS, FAMILY MEMBERS, AND OUR STUDENTS TO IDENTIFY ACADEMIC AND SOCIAL-EMOTIONAL GOALS WHICH ARE THE TRACKED THOUGH OUR PROGRAM YEAR.
FAMILY SUPPORT: WHILE YOUTH ARE OUR FOCUS, WE ALSO WORK WITH THE FAMILIES OF OUR STUDENTS PROVIDING EDUCATION, SUPPLEMENTING FOOD RESOURCES WHEN NEEDED, AND GUIDING THEM TO OTHER COMMUNITY RESOURCES DEPENDING ON THEIR NEEDS. WE ALSO OFFER MONTHLY FAMILY NIGHT DINNERS TO PROVIDE A MEAL, DELIVER TRAINING, OFFER FAMILY-ORIENTED ACTIVITIES, AND ENCOURAGE FELLOWSHIP AMONGST OUR NETWORK. IN ADDITION, WE PROVIDE ENRICHMENT ACTIVITIES FOR THE STUDENTS AND FREQUENTLY HAVE ADULTS FROM THEIR FAMILIES JOIN US.
PRIDE FOR PARENTS CHRISTMAS STORE: EACH YEAR WE OPEN A "POP-UP" CHRISTMAS STORE TO OFFER NEW TOYS AND GAMES TO OUR FAMILIES AND OTHERS IN THE COMMUNITY WHO ARE NOT ABLE TO PROVIDE FOR THEIR CHILDREN DURING THE HOLIDAYS. WE OFFER THE ITEMS AT PRICES SUBSTANTIALLY DISCOUNTED FROM RETAIL, OFTEN AS MUCH AS A 75% REDUCTION. MERCHANDISE IS PURCHASED BY OUR ORGANIZATION AND DONATED BY OUR SUPPORTERS TO STOCK THE STORE. THIS PAST YEAR WE SERVED OVER 200 FAMILIES, PROVIDING A "HAND-UP" RATHER THAN THE "HAND-OUT" APPROACH OFFERED BY OTHER ORGANIZATIONS. AS A RESULT, OUR FAMILIES TAKE PRIDE IN PAYING FOR THE GIFTS THEY SELECT AND CAN AFFORD, AND ENJOY THE LOVE, FELLOWSHIP, AND COMMUNITY OF OUR TEAM AND VOLUNTEERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Burmester Executive Director | Officer | 40 | $43,051 |
Vielka Gabriel Board President | OfficerTrustee | 2 | $0 |
Duncan Jennings Board Vice President | OfficerTrustee | 1 | $0 |
Hans Linnartz Board Secretary | OfficerTrustee | 2 | $0 |
Bryant Kennedy Board Treasurer | OfficerTrustee | 1 | $0 |
Jewel Almond Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $35,198 |
All other contributions, gifts, grants, and similar amounts not included above | $205,752 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $240,950 |
Total Program Service Revenue | $0 |
Investment income | $1,234 |
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 | $242,184 |
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. | $43,051 |
Compensation of current officers, directors, key employees. | $4,305 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $87,693 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,900 |
Payroll taxes | $9,960 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,007 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $106 |
Advertising and promotion | $52 |
Office expenses | $7,348 |
Information technology | $1,454 |
Royalties | $0 |
Occupancy | $8,251 |
Travel | $6,056 |
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 | $4,480 |
Insurance | $5,969 |
All other expenses | $0 |
Total functional expenses | $226,288 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $46,712 |
Savings and temporary cash investments | $56,193 |
Pledges and grants receivable | $11,755 |
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 | $1,617 |
Net Land, buildings, and equipment | $6,428 |
Investments—publicly traded securities | $13,349 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,983 |
Total assets | $138,037 |
Accounts payable and accrued expenses | $7,123 |
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 | $6,319 |
Total liabilities | $13,442 |
Net assets without donor restrictions | $114,595 |
Net assets with donor restrictions | $10,000 |
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 | $138,037 |