Overview
What is Fish & Loaves?
Fish & Loaves is a compassionate nonprofit organization, situated undisclosed, that serves a crucial role in addressing food insecurity. Their primary objective is to offer nutritious meals free of charge to individuals in need. Through their food service program, they function as a distributor of free food, working tirelessly to ensure that no one goes hungry. The organization's mission revolves around this principle, aiming to provide sustenance at no cost to those who require it.
Official website here: www.flcfp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Fish & Loaves has received a One-Star rating from Charity Navigator, primarily due to its low score in the Accountability & Finance beacon. The charity's overall performance is impacted by the complete lack of independent board members, which raises concerns about governance. While it has demonstrated a strong program expense ratio of 75.83%, indicating that a significant portion of its funds is directed toward its mission, the absence of critical policies related to conflicts of interest and whistleblowing affects its overall score.
The organization has successfully avoided material diversions of assets, as evidenced by a perfect score in that area, and maintains a favorable liabilities to assets ratio of 0.18%. However, the missing conflict of interest and whistleblower policies, along with the absence of a tax form posted on its website, suggest gaps in transparency and accountability. This is critical for potential donors who prioritize ethical management in their charitable contributions.
In summary, while Fish & Loaves shows strengths in program expenses and asset management, the lack of independent oversight and essential governance policies is a significant limitation. As potential supporters evaluate their contributions, these factors might influence their decision-making regarding the nonprofit's overall reliability and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Fish & Loaves legitimate?
Fish & Loaves is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fish & Loaves submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $57,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.flcfp.org
What is the mission statement of Fish & Loaves?
Fish & Loaves' mission is centered around providing essential aid to those in need. Through their food service program, they distribute free meals without charging anyone. The primary goal of Fish & Loaves is to ensure that food is accessible to individuals who cannot afford it. Their mission is deeply rooted in the belief that everyone deserves to be nourished, regardless of their financial situation. Additionally, Fish & Loaves actively works towards alleviating food insecurity in their community by making food provisions available at no cost.
Official website here: www.flcfp.org
Who is the CEO of Fish & Loaves?
Stephanie Mcnees is the Executive Director of Fish & Loaves.
Official website here: www.flcfp.org
What is the revenue of Fish & Loaves?
Fish & Loaves's revenue in 2022 was $470,055.
Official website here: www.flcfp.org
Who are the executives of Fish & Loaves and what are their salaries?
The average compensation at Fish & Loaves during 2022 was $57,692. There is 1 employee and 150 volunteers at Fish & Loaves.
Here are 12 key members and their salaries:
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Official website here: www.flcfp.org
Where can I find the form 990 for Fish & Loaves?
Fish & Loaves's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flcfp.org
Learn more at the official website: www.flcfp.org
Mission Statement of Fish & Loaves
Fish & Loaves, as a nonprofit organization, is committed to serving those in need by providing them with nutritious food at no cost. Their mission is carried out through a free food distribution program, which offers food service to those in demand. The primary objective of Fish & Loaves is to ensure that no one goes hungry, and they achieve this by offering food without charging any fees. Their mission is centered around the belief that everyone deserves access to nourishing meals, regardless of their financial situation.
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Impact
July, 2024
Fish & Loaves's impact lies in its unwavering dedication to providing free food to those in need. Through its food distribution program in Taylor, Michigan, Fish & Loaves ensures that individuals and families facing food insecurity have access to nourishment without the burden of cost. This essential service not only helps alleviate hunger in the community but also offers hope and support to those struggling to make ends meet. In doing so, Fish & Loaves plays a crucial role in helping individuals maintain their health and well-being during challenging times.
This information is meant to be a general summary of Fish & Loaves. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $221
- Gross Receipts: $470,055
Assets and Liabilities:
- Total Assets: $794,646
- Total Liabilities: $1,069
- Net Assets: $793,577
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Organization Details
Founding Year
2008
Principal Officer
Stephanie Mcnees
Main Address
25670 NORTHLINE RD, TAYLOR, MI, 48180
Website
www.flcfp.orgNTEE Category
Code: K31 - Food
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