Overview
What is Loaves & Fishes Of Nw Okla Inc?
Loaves & Fishes Of Nw Okla Inc, a 501(C)(3) charity based in Enid, Oklahoma, is a dedicated nonprofit organization that fights hunger and promotes hope by offering balanced and nutritious food choices. Their primary mission is to provide emergency food assistance to qualified low-income families daily, using a client-choice method that respects their dignity while teaching them about nutritionally adequate food combinations. In the fiscal year ending June 30, 2022, they distributed over 450,000 pounds of food, benefiting 12,717 individuals through 2,224 household visits. With a team of four employees, they serve an average of 800 families each month, demonstrating their commitment to combating hunger in their community.
Official website here: www.loavesandfishesnwok.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Loaves & Fishes Of Nw Okla Inc has achieved a solid rating of 88% from Charity Navigator, indicating a generally strong performance in accountability and finance. The organization benefits from a fully independent board and excellent management of financial resources, as evidenced by their high program expense ratio of 99.33%, which shows that almost all funds are directed towards their mission.
Despite these strengths, there are notable areas for improvement. The organization lacks essential policies such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which could enhance its governance and accountability frameworks. While the absence of these policies does not appear to have led to any material issues, addressing them would further bolster their credibility.
Overall, Loaves & Fishes Of Nw Okla Inc demonstrates a commitment to effective use of resources while maintaining transparency in financial operations. Focusing on improving their governance policies could enhance their organizational robustness and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Loaves & Fishes Of Nw Okla Inc legitimate?
Loaves & Fishes Of Nw Okla Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loaves & Fishes Of Nw Okla Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $171,462
For more financial information, click here
Official website here: www.loavesandfishesnwok.org
What is the mission statement of Loaves & Fishes Of Nw Okla Inc?
Loaves & Fishes Of Nw Okla Inc's mission is centered around combating hunger and fostering hope through the promotion of healthy food choices. As a private 501(C)(3) charity, it operates as a hunger-relief organization and client-choice food pantry. The organization provides essential food assistance to an average of 800 families each month, employing a client-choice method that teaches balanced nutrition and respects the dignity of its clients. During the fiscal year ending in 2022, Loaves & Fishes Of Nw Okla Inc distributed over 450,000 pounds of food to assist over 12,000 individuals through nearly 2,224 household visits. The goal is to help alleviate hunger and empower individuals to make healthier food choices.
Official website here: www.loavesandfishesnwok.org
What is the revenue of Loaves & Fishes Of Nw Okla Inc?
Loaves & Fishes Of Nw Okla Inc's revenue in 2024 was $1,850,657.
Official website here: www.loavesandfishesnwok.org
Who are the executives of Loaves & Fishes Of Nw Okla Inc and what are their salaries?
The average compensation at Loaves & Fishes Of Nw Okla Inc during 2024 was $34,292. There are 5 employees at Loaves & Fishes Of Nw Okla Inc.
Here are 17 key members and their salaries:
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Official website here: www.loavesandfishesnwok.org
Where can I find the form 990 for Loaves & Fishes Of Nw Okla Inc?
Loaves & Fishes Of Nw Okla Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.loavesandfishesnwok.org
Learn more at the official website: www.loavesandfishesnwok.org
Mission Statement of Loaves & Fishes Of Nw Okla Inc
Loaves & Fishes Of Nw Okla Inc, a private 501(C)(3) organization, is dedicated to combating hunger and promoting hope through healthy food choices. Their mission is to serve as a hunger-relief charity and client-choice food pantry. By providing food to an average of 800 families each month, they aim to help those in need while teaching them about making balanced and nutritious food choices. The dignity and respect of their clients are of utmost importance, which is why they employ a client-choice method of food assistance. During the fiscal year ending June 30, 2022, Loaves & Fishes Of Nw Okla Inc distributed 450,392 pounds of food to assist 12,717 individuals through 2,224 household visits. Their efforts not only provide emergency food to qualifying low-income families daily but also contribute to a healthier community by promoting the importance of nutritious food choices.
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Impact
July, 2024
Loaves & Fishes of NW Okla Inc's impact is significant in fighting hunger and feeding hope through healthy food choices. The organization, located in Enid, OK, provides emergency food to qualifying low-income families daily. By employing a client-choice method of food assistance, Loaves & Fishes helps educate clients about selecting balanced, nutritionally adequate food options while ensuring dignity and respect.
During the fiscal year ending on 6/30/2022, Loaves & Fishes distributed 450,392 pounds of food, reaching 12,717 individuals through 2,224 household visits. This demonstrates the tangible impact the organization has in providing essential support to those in need in the Enid community.
This information is meant to be a general summary of Loaves & Fishes Of Nw Okla Inc. 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 2024.
- Investment Income: $13,389
- Gross Receipts: $1,850,657
Assets and Liabilities:
- Total Assets: $1,009,860
- Total Liabilities: $8,184
- Net Assets: $1,001,676
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Organization Details
Founding Year
2012
Principal Officer
Dalen Mcvay
Website
www.loavesandfishesnwok.orgNTEE Category
Code: K31 - Food
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