Loving Food Resources is located in Asheville, NC. The organization was established in 1994. 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 06/2023, Loving Food Resources employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loving Food Resources 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 06/2023, Loving Food Resources generated $600.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $471.9k during the year ending 06/2023. While expenses have increased by 6.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LOVING FOOD RESOURCES (LFR) IS TO PROVIDE FOOD, HEALTH, AND PERSONAL CARE ITEMS TO PEOPLE IN 18 COUNTIES OF WNC WHO ARE LIVING WITH HIV/AIDS OR WHO ARE IN HOME HOSPICE CARE REGARDLESS OF DIAGNOSIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FROM JULY 1, 2022 TO JUNE 30, 2023, LOVING FOOD RESOURCES (LFR) CONTINUED TO FULFILL ITS MISSION OF PROVIDING FOOD, HEALTH AND PERSONAL CARE ITEMS TO ITS CLIENTS. CLIENT NUMBERS REMAINED STEADY THANKS TO PARTNERSHIPS WITH WESTERN NORTH CAROLINA AIDS PROJECT (WNCAP), WESTERN NORTH CAROLINA COMMUNITY HEALTH SERVICES (WNCCHS), CARE PARTNERS HOSPICE, FOUR SEASONS HOSPICE, AND PERSONAL PHYSICIANS WHO HELPED LFR REACH MORE CLIENTS IN THE 18 COUNTIES OF WESTERN NORTH CAROLINA. WE CONTINUED TO OFFER ONE-TIME EMERGENCY BOXES TO THOSE WITH FOOD INSECURITIES. UNQUESTIONABLY, LFR HAD A SIGNIFICANT EFFECT ON THE LIVES OF MANY CLIENTS, INDIVIDUALS, AND FAMILIES DURING THIS PERIOD OF TIME.
THE FOLLOWING ARE STATISTICS THAT REPRESENT THE IMPACT LFR HAD IN THE COMMUNITY - DURING THIS PERIOD, LFR RECORDED 3,175 CLIENT VISITS -86.4 TONS OF FOOD WAS DISTRIBUTED. -LFR ALSO PROVIDED AN ADDITIONAL 17.6 TONS OF FRESH PRODUCE -127 EMERGENCY FOOD BOXES WERE DISTRIBUTED -4,000 POUNDS OF PET FOOD WAS GIVEN TO CLIENTS -THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) DISTRIBUTED 8.7 TONS OF FOOD -TOTAL FOOD DISTRIBUTED WAS 95.1 TONS, WHICH IS EQUIVALENT TO NINE (9) TRACTOR TRAILER LOADS
ADDITIONALLY: -THE STREET PANTRY RECEIVED 2,080 VISITS -THE COMMUNITY MEAL SERVED 2,536 PEOPLE -WITH GRANTS FROM THE LAST TWO YEARS, LFR WAS ABLE TO UPGRADE THE HVAC SYSTEM AND PURCHASE A 2023 FORD BOX TRUCK. IN 2022, THE LFR BOX TRUCK BECAME UNUSABLE. WE PURCHASED AN INTERIM BOX TRUCK WHICH ALLOWED US TO CONTINUE TO TRANSPORT LARGE AMOUNTS OF FOOD. THREE GRANT AWARDS ALLOWED US TO PURCHASE A MUCH-NEEDED NEW BOX TRUCK. ALSO, THE LFR HVAC SYSTEM WAS BASICALLY NON-FUNCTIONAL MAKING IT MOST UNCOMFORTABLE FOR VOLUNTEERS AND STAFF TO WORK DURING THE SUMMER AND WINTER. A BUNCOMBE COUNTY GRANT MADE IT POSSIBLE TO INSTALL A NEW HVAC SYSTEM, WHICH REDUCED OUR NATURAL GAS BILL BY 74%. DURING THIS PERIOD, LFR CONTINUED TO REACH OUT TO THE COMMUNITY BY SERVING FREE MEALS EACH THURSDAY. IN COLLABORATION WITH KENILWORTH PRESBYERIAN CHURCH, AND THE FOOD CONNECTION, THIS YEAR LFR SERVED 2,356 PEOPLE. THE GOAL OF THE FOOD CONNECTION IS TO EASE HUNGER, REDUCE WASTE, AND SUPPORT THE LOCAL FOOD INDUSTRY BY REDISTRIBUTING FOOD FROM LOCAL CHEFS TO SERVE THOSE IN NEED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brent Wyatt Executive Director | Officer | 40 | $62,140 |
Jeff Scoltock President | OfficerTrustee | 0.25 | $0 |
Dale England Vice-President | OfficerTrustee | 1.25 | $0 |
Linda Laufer Secretary | OfficerTrustee | 1.25 | $0 |
Geri Spangler Treasurer | OfficerTrustee | 0.5 | $0 |
Mark Holmes Board Member | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $5,214 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $572,441 |
Noncash contributions included in lines 1a–1f | $239,771 |
Total Revenue from Contributions, Gifts, Grants & Similar | $577,655 |
Total Program Service Revenue | $0 |
Investment income | $12 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $19,699 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $600,177 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $298,918 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $64,736 |
Compensation of current officers, directors, key employees. | $19,421 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,941 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,942 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,260 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,700 |
Advertising and promotion | $1,947 |
Office expenses | $7,050 |
Information technology | $1,184 |
Royalties | $0 |
Occupancy | $25,974 |
Travel | $7,668 |
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 | $23,966 |
Insurance | $3,470 |
All other expenses | $177 |
Total functional expenses | $471,883 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $142,673 |
Savings and temporary cash investments | $121,368 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,757 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $35,584 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $252,961 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $555,343 |
Accounts payable and accrued expenses | $3,466 |
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 | $3,466 |
Net assets without donor restrictions | $514,774 |
Net assets with donor restrictions | $37,103 |
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 | $555,343 |