Loaves & Fishes Inc
- Assets
- $1.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Apopka, FL
- Founding
- 10/1987
- Data as of
- 06/2022
- EIN
- 59-2792540
Organization Overview
Loaves & Fishes Inc is located in Apopka, FL. The organization was established in 1987. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Loaves & Fishes Inc employed 4 individuals. 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 06/2022, Loaves & Fishes Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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
IN THE NAME OF JESUS CHRIST THE COMPASSIONATE SAVIOR, WE SEEK TO MINISTER TO THE EXPRESSED PHYSICAL AND SPIRITUAL NEEDS OF PERSONS LIVING IN APOPKA AND SURROUNDING COMMUNITIES. OUR PRIMARY ACTIVITY IS WORKING AS A FOOD PANTRY FOR THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE RECEIVED VARIOUS GRANTS FROM SEVERAL ORGANIZATIONS HAVE 64 DEDICATED VOLUNTEERS. SOME HAVE BEEN WITH LOAVES AND FISHES FOR 38 YEARS. GOD ALLOWS US TO UTILIZE EACH ONES'S TALENT AND PERONALITY TO HIS GLORY. THIS IS TRULY A TESTAMENT OF THEIR PASSION FOR HELPING FAMILIES IN NEED. WE SUPPORT LOCAL TEENS BY CONTRIBUTING TO THEIR BRIGHT FUTURES VOLUNTEER HOURS. WE ARE SETTING A FOUNDATION FOR LOAVES AND FISHES FUTURE AS WELL AS GIVING THEM THE SKILLS, VALUES, AND LIFE LESSONS. LOAVES AND FISHES IS BLESSED TO CONTINUE THE DISTRIBUTION OF FOOD, TOILETRIES, HOUSEHOLD ITEMS, CLEANING SUPPLIES, AND BABY ITEMS FOR OUR FAMILIES DUE TO THE SUPPORT OF THE COMMUNITY. LOAVES AND FISHES HAS CONSTTRUCTED A NEW DISTRIBUTION SYSTEM DUE TO THE COVID 19 PANDEMIC. IN AN EFFORT TO KEEP OUR CLIENTS, VOLUNTEERS AND STAFF SAFE, WE HAVE IMPLEMENTED TWO PASS-THROUGH WINDOWS IN OUR FRONT LOBBY FOR CLIENTS TO RECEIVE THEIR FOOD AND HOUSEHOLD/TOILETRY ITEMS. IN ADDITION, ROLL DOWN SECURITY WAS INSTALLED ON EACH WINDOW. THIS NEW DISTRIBUTION PROCESS WILL BENEFIT EVERYONE, ESPECIALLY OUR HIGH-RISK GROUPS.IF WE SHOULD ENCOUNTER A SECOND WAVE OF THIS VIRUS, WE WILL NOT HAVE TO CLOSE OUR DOORS. A RE-DESIGN OF OUR WEBSITE AND ADDITIONAL SOCIAL MEDIA WILL BE INSTRUMENTAL WITH THE PROGRESSION AND EXISTENCE FOR THE FUTURE OF LOAVES AND FISHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dino Rachiele VP And Treas | OfficerTrustee | $0 | |
Jim Fischer Pres | OfficerTrustee | $0 | |
Freddie Filmore Director | Trustee | $0 | |
Mark Steele Director | Trustee | $0 | |
Martha Tolar Secretary | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $94,180 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,284,304 |
| Noncash contributions included in lines 1a–1f | $934,983 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,378,484 |
| Total Program Service Revenue | $0 |
| Investment income | $669 |
| 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 | $1,379,153 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $244,257 |
| Pension plan accruals and contributions | $1,135 |
| Other employee benefits | $42,362 |
| Payroll taxes | $18,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,000 |
| Office expenses | $3,233 |
| Information technology | $9,641 |
| Royalties | $0 |
| Occupancy | $25,005 |
| 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 | $23,469 |
| Insurance | $21,128 |
| All other expenses | $12,150 |
| Total functional expenses | $1,389,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,915 |
| Savings and temporary cash investments | $585,073 |
| 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 | $494,374 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,181,362 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $1,181,362 |
| Total liabilities and net assets/fund balances | $1,181,362 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Loaves & Fishes Inc has recieved totaling $42,314.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $17,338 |
American Endowment Foundation Hudson, OH PURPOSE: FOOD, NUTRITION | $16,000 |
Harold And Kate Reed Family Foundation Minneapolis, MN PURPOSE: UNRESTRICTED | $5,000 |
Magellan Cares Foundation Inc Maryland Heights, MO PURPOSE: PROVIDE FOOD FOR THE NEEDY | $2,500 |
Jean Family Foundation Houston, TX PURPOSE: RELIGIOUS ORGANIZATION SUPPORTING LOW-INCOME FAMILIES AND INDIVIDUALS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $476 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Americas Second Harvest Of Coastal Georgia Inc Savannah, GA | $29,043,822 | $21,288,824 |
Southern Crescent Resource Ministries Inc Mcdonough, GA | $673,774 | $10,495,783 |
Feeding Florida Inc Tallahassee, FL | $2,857,958 | $9,890,493 |
Food Bank Of East Alabama Inc Auburn, AL | $5,482,740 | $10,353,007 |
Bread Of The Mighty Food Bank Inc Gainesville, FL | $3,761,414 | $7,080,178 |
West Alabama Food Bank Inc Northport, AL | $6,135,575 | $9,116,347 |
Georgia Mountain Food Bank Inc Gainesville, GA | $3,687,174 | $8,678,938 |
Bread Of Life Fellowship Inc Winter Garden, FL | $562,670 | $7,050,304 |
Alabama Food Bank Association Inc Huntsville, AL | $545,176 | $2,880,926 |
Btg Community Outreach Inc Newnan, GA | $535,538 | $2,468,147 |
Urban Recipe Inc Atlanta, GA | $707,156 | $2,238,352 |
Our Daily Bread Food Pantry Marco Island, FL | $1,684,552 | $2,124,165 |