Loaves And Fishes Inc
- Assets
- $485.9k
- Revenue
- $245.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Biloxi, MS
- Founding
- 04/1989
- Data as of
- 12/2022
- EIN
- 64-0687640
Organization Overview
Loaves And Fishes Inc is located in Biloxi, MS. The organization was established in 1989. 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 12/2022, Loaves And Fishes Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loaves And 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 12/2022, Loaves And Fishes Inc generated $245.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $169.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 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
FEED THE NEEDY AND HOMELESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOAVES AND FISHES FEEDS THE NEEDY AND HOMELESS IN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Gwinn Member | Trustee | 1 | $0 |
Michael White Member | Trustee | 1 | $0 |
Marshall Eleuterius Member | Trustee | 1 | $0 |
Beth Moore Vice President | Trustee | 1 | $0 |
Eileen Skaines Secretary | OfficerTrustee | 1 | $0 |
Greg Barras President | Officer | 1 | $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 | $245,559 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245,559 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $245,559 |
| 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 | $84,003 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,521 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,029 |
| 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 | $3,400 |
| Advertising and promotion | $686 |
| Office expenses | $6,982 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,947 |
| Travel | $1,482 |
| 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 | $0 |
| Insurance | $9,561 |
| All other expenses | $41,243 |
| Total functional expenses | $169,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,405 |
| Savings and temporary cash investments | $73,459 |
| 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 | $9 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $300,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $485,873 |
| 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 | $485,873 |
| Total liabilities and net assets/fund balances | $485,873 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diocese Of Baton Rouge Child Nutrition Program Baton Rouge, LA | $9,251,009 | $12,529,285 |
Weese Providers Inc Batchelor, LA | $245,000 | $1,181,067 |
Loaves And Fishes Clarksville, TN | $3,268,569 | $961,974 |
Aaron Nutritional Services Inc Antioch, TN | $13,805 | $1,012,566 |
Restaurant Loss Prevention & Security Association Inc Nashville, TN | $454,989 | $638,961 |
Kikstart Inc Bessemer, AL | $523,572 | $523,572 |
Community Soup Bowl Inc Tuscaloosa, AL | $968,758 | $503,190 |
Daily Bread Community Kitchen Morristown, TN | $1,097,379 | $294,981 |
Community Kitchens Of Birmingham Birmingham, AL | $286,422 | $248,012 |
St Francis Diner Inc New Iberia, LA | $252,615 | $0 |
Lord Is My Help Ocean Springs, MS | $453,034 | $298,137 |
Loaves And Fishes Inc Biloxi, MS | $485,873 | $245,559 |
Natchez Community Stewpot Inc Natchez, MS | $506,520 | $162,567 |
Healthy Spark Nashville, TN | $16,104 | $0 |
United By Bbq Inc Hammond, LA | $39,358 | $64,487 |
Accelerate Growth Nutrition Program Memphis, TN | $0 | $0 |