Loaves And Fishes
- Assets
- $3.3m
- Revenue
- $962.0k
- Investments
- $0.0
- Employees
- 16
- Location
- Clarksville, TN
- Founding
- 01/1998
- Data as of
- 12/2023
- EIN
- 62-1692703
Organization Overview
Loaves And Fishes is located in Clarksville, TN. The organization was established in 1998. According to its NTEE Classification (K34) the organization is classified as: Congregate Meals, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Loaves And Fishes employed 16 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 12/2023, Loaves And Fishes generated $962.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 31.2% per year over the past 9 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
TO PROVIDE SOUP KITCHEN AND FOOD DISTRIBUTION TO THE HUNGRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SOUP KITCHEN AND FOOD DISTRIBUTION TO THE HUNGRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reese Bagwell Board Member | Trustee | 1 | $0 |
Calvin Board Secretary | OfficerTrustee | 2 | $0 |
Kristopher Crary Vice Chair | OfficerTrustee | 2 | $0 |
Brittani Dial Board Member | Trustee | 1 | $0 |
Ruth Fitch Board Member | Trustee | 1 | $0 |
Linda Marchant Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $917,140 |
| Noncash contributions included in lines 1a–1f | $579,523 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $917,140 |
| Total Program Service Revenue | $1,400 |
| Investment income | $12,733 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $30,701 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $961,974 |
| 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 | $182,198 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $942 |
| Payroll taxes | $15,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,153 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $483 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,284 |
| Office expenses | $4,865 |
| Information technology | $11,389 |
| Royalties | $0 |
| Occupancy | $6,503 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,946 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,535 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,880 |
| Insurance | $9,321 |
| All other expenses | $27,046 |
| Total functional expenses | $1,096,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,876 |
| Savings and temporary cash investments | $167,662 |
| 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 | $123,264 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,681,767 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,268,569 |
| Accounts payable and accrued expenses | $3,752 |
| 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 | $1,142,294 |
| Total liabilities | $1,146,046 |
| Net assets without donor restrictions | $1,954,497 |
| Net assets with donor restrictions | $168,026 |
| 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 | $3,268,569 |