Loving Food Resources
- Assets
- $428.4k
- Revenue
- $536.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Asheville, NC
- Founding
- 07/1994
- Data as of
- 06/2022
- EIN
- 56-1823591
Organization Overview
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 06/2022, 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 06/2022, Loving Food Resources generated $536.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $487.4k during the year ending 06/2022. While expenses have increased by 13.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO DISTRIBUTE FOOD, HEALTH AND PERSONAL CARE ITEMS TO PEOPLE LIVING WITH HIV/AIDS OR ANYONE IN HOME HOSPICE CARE WITH ANY DIAGNOSIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FROM JULY 1, 2021 TO JUNE 30, 2022, LOVING FOOD RESOURCES 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. THE NUMBER OF ONE-TIME-ONLY EMERGENCY BOXES REMAINED HIGH BECAUSE OF THE PANDEMIC. UNQUESTIONABLY, LFR HAD A SIGNIFICANT EFFECT ON THE LIVES OF MANY CLIENTS, INDIVIDUALS, AND FAMILIES DURING THIS PERIOD. . THE FOLLOWING ARE STATISTICS THAT REPRESENT THE IMPACT LFR HAD IN THE COMMUNITY DURING THIS TIME PERIOD:
-LFR RECORDED 3,302 CLIENT VISITS -97 TONS OF FOOD WAS DISTRIBUTED, WHICH IS EQUIVALENT TO ALMOST SIX (6) TRACTOR-TRAILER LOADS -LFR ALSO PROVIDED AN ADDITIONAL 19.7 TONS OF PRODUCE -67 ONE-TIME-ONLY EMERGENCY FOOD BOXES WERE DISTRIBUTED TO THOSE IN NEED -APPROXIMATELY 4,000 POUNDS OF PET FOOD WAS DISTRIBUTED -COMMUNITY FOOD DRIVES BROUGHT IN 9,233 POUNDS OF FOOD -563 HOLIDAY FOOD BOXES WERE HANDED OUT IN NOVEMBER AND DECEMBER -LFR'S DEDICATED VOLUNTEERS SPENT 3,757 HOURS COMPLETING THE MANY TASKS REQUIRED TO RUN LFR EFFICIENTLY
ADDITIONALLY: -LFR RECORDED 2,100 VISITS TO THE STREET PANTRY -IN PARTNERSHIP WITH KENILWORTH PRESBYTERIAN CHURCH AND THE FOOD CONNECTION, LFR SERVED 1,613 COMMUNITY MEALS IN 2021, LFR CONTINUED TO REACH OUT TO THE COMMUNITY BY SERVING FREE MEALS EACH THURSDAY TO ANYONE WANTING OR NEEDING A MEAL. IN COLLABORATION WITH KENILWORTH PRESBYTERIAN CHURCH AND THE FOOD CONNECTION, LFR SERVED PREPACKAGED MEALS, EITHER WITH MEAT OR VEGETARIAN. 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. IN DECEMBER OF 2020, LFR OPENED ITS STREET PANTRY LOCATED IN FRONT OF KENILWORTH PRESBYTERIAN CHURCH. THE STREET PANTRY REMAINS FILLED WITH BOTTLED WATER AND READY-TO-EAT FOOD ITEMS FOR ANYONE WHO NEEDS FOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Wyatt Executive Director | Officer | 40 | $45,352 |
Allen Brasington President | OfficerTrustee | 1 | $0 |
Linda Laufer Secretary | OfficerTrustee | 0.5 | $0 |
Geri Spangler Treasurer | OfficerTrustee | 0.5 | $0 |
Pam Brown Board Member | Trustee | 0.25 | $0 |
Warren Fluhartuy Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,180 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $526,968 |
| Noncash contributions included in lines 1a–1f | $307,923 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $537,148 |
| Total Program Service Revenue | $0 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,597 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $536,100 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $330,832 |
| 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. | $57,830 |
| Compensation of current officers, directors, key employees. | $17,349 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,885 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,164 |
| Payroll taxes | $5,715 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,490 |
| Advertising and promotion | $1,704 |
| Office expenses | $8,101 |
| Information technology | $1,742 |
| Royalties | $0 |
| Occupancy | $22,047 |
| Travel | $5,179 |
| 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 | $15,221 |
| Insurance | $3,699 |
| All other expenses | $5,531 |
| Total functional expenses | $487,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,494 |
| Savings and temporary cash investments | $96,356 |
| 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 | $39,496 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $122,213 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,122 |
| Total assets | $428,438 |
| Accounts payable and accrued expenses | $4,855 |
| 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 | $4,855 |
| Net assets without donor restrictions | $423,583 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $428,438 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Loving Food Resources has recieved totaling $283,446.
| Awarding Organization | Amount |
|---|---|
Manna Food Bank Inc Asheville, NC PURPOSE: FOOD DISTRIBUTION | $248,253 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: HUMAN SERVICES | $25,000 |
Pisgah Health Foundation Brevard, NC PURPOSE: FOOD RESOURCE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $193 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meals On Wheels America Arlington, VA | $39,209,514 | $71,254,608 |
The Society Of Saint Andrew Inc Big Island, VA | $6,276,921 | $21,122,125 |
Our Daily Bread Of Tennessee Inc Knoxville, TN | $2,326,524 | $13,713,547 |
Council Services Inc Americus, GA | $11,942,180 | $9,376,326 |
School Nutrition Association Inc Arlington, VA | $16,052,555 | $7,166,354 |
Second Helpings Atlanta Inc Atlanta, GA | $1,164,616 | $7,933,266 |
Georgia Nutritional Services Inc Conyers, GA | $1,305,106 | $6,913,092 |
Of One Accord Inc Rogersville, TN | $2,058,166 | $4,725,559 |
Nashville Food Project Inc Nashville, TN | $5,206,540 | $2,809,035 |
Serving Orphans Worldwide Inc Bristol, TN | $957,366 | $2,923,853 |
A Gift From Ben Inc Williamsburg, VA | $40,903 | $2,555,579 |
Food Runners Collaborative Inc Raleigh, NC | $2,926,900 | $1,721,680 |