Overview
What is Loaves & Fishesfriendship Trays Inc?
Loaves & Fishesfriendship Trays Inc is a North Carolina-based nonprofit organization, specifically located in Charlotte with a workforce of 61 employees. Their mission is focused on alleviating hunger and malnutrition within Mecklenburg County by providing groceries to individuals in economic hardship and delivering daily meals to those unable to prepare their own due to age or infirmity. During their 21/22 fiscal year, they distributed groceries to 98,676 people and delivered prepared meals to 330 homebound recipients and three adult/child daycares through their network of 35 food pantries and a grocery home delivery program.
Official website here: www.loavesandfishes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% - Four-Star out of Four Star rating from Charity Navigator.
Loaves & Fishes Friendship Trays Inc has demonstrated an exceptional level of performance, achieving a Four-Star rating that reflects its strong accountability and finance practices, along with a perfect score in impact measurement. The charity's program expense ratio indicates that a substantial majority of its budget is directed towards its programs, showcasing its commitment to efficient resource allocation. Additionally, the organization has effectively collected and utilized feedback, ensuring that it remains responsive to community needs.
The organization's leadership and adaptability are noteworthy, particularly highlighted by its effective response during the COVID-19 pandemic. With an impressive working capital ratio of 3.53 years, Loaves & Fishes Friendship Trays Inc is well-positioned to maintain its operations and continue serving its mission in the community. Additionally, evidence of investment in leadership development suggests a focus on building capacity for sustained impact.
While the organization has many strengths, the slight dip in the culture and community score (94) may indicate areas where further engagement or outreach could enhance its community presence. Overall, this nonprofit exemplifies a strong commitment to its mission and demonstrates the ability to make a significant impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Loaves & Fishesfriendship Trays Inc?
98% of 24 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Many participants express gratitude for the variety of food provided, highlighting specific items like pecans, milk, and green beans as part of the offerings. This suggests that the nonprofit effectively meets the nutritional needs of those they serve.
The positive sentiment surrounding Loaves & Fishes Friendship Trays Inc is evident, with users appreciating not only the quality of the food but also the mission behind the organization. Overall, they seem to deliver on their commitment to supporting the community through essential services.
This AI summary has been generated from reviews found on Facebook.
Is Loaves & Fishesfriendship Trays Inc legitimate?
Loaves & Fishesfriendship Trays Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loaves & Fishesfriendship Trays 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: $159,686
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,617,586
For more financial information, click here
Official website here: www.loavesandfishes.org
What is the mission statement of Loaves & Fishesfriendship Trays Inc?
Loaves & Fishesfriendship Trays Inc aims to address hunger and malnutrition in their community by procuring and distributing groceries to individuals facing economic hardships. They also deliver daily meals to those unable to prepare their own due to age or infirmity. During their recent fiscal year, they served over 98,000 people in need through various food programs and provided meals to 330 infirm individuals and three adult daycares. Their mission is to make a caring and friendly difference in the lives of those in need by ensuring they have access to nutritious food.
Official website here: www.loavesandfishes.org
Who is the CEO of Loaves & Fishesfriendship Trays Inc?
Tina Postel is the Ceo of Loaves & Fishesfriendship Trays Inc. The CEO's salary of Loaves & Fishesfriendship Trays Inc is $143,128 and their total compensation is $159,686.
Official website here: www.loavesandfishes.org
What is the revenue of Loaves & Fishesfriendship Trays Inc?
Loaves & Fishesfriendship Trays Inc's revenue in 2022 was $15,404,200.
Official website here: www.loavesandfishes.org
Who are the executives of Loaves & Fishesfriendship Trays Inc and what are their salaries?
The average compensation at Loaves & Fishesfriendship Trays Inc during 2022 was $29,136. There are 61 employees and 4000 volunteers at Loaves & Fishesfriendship Trays Inc.
Here are 29 key members and their salaries (Loaves & Fishesfriendship Trays Inc's CEO's salary is $143,128 and their total compensation is $159,686):
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Official website here: www.loavesandfishes.org
Where can I find the form 990 for Loaves & Fishesfriendship Trays Inc?
Loaves & Fishesfriendship Trays Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loavesandfishes.org
Learn more at the official website: www.loavesandfishes.org
Mission Statement of Loaves & Fishesfriendship Trays Inc
Loaves & Fishesfriendship Trays Inc is a mission-driven organization dedicated to reducing the prevalence of hunger and malnutrition within the Mecklenburg County community. By procuring and distributing groceries to individuals facing economic hardships, this nonprofit ensures that those in need have access to essential nutrients. Additionally, Loaves & Fishesfriendship Trays Inc extends its support to elderly and infirm community members by delivering daily meals to their homes. These prepared meals not only provide sustenance but also add a friendly, caring touch, allowing recipients to maintain their independence and dignity.
During the 21/22 fiscal year, Loaves & Fishesfriendship Trays Inc distributed groceries to an astounding 98,676 people through its network of 35 food pantries. Furthermore, the organization's Meals on Wheels program played a vital role in delivering healthy prepared meals to 330 recipients, enabling them to enjoy nutritious food despite their inability to prepare meals for themselves. This compassionate initiative not only addressed the immediate need for sustenance but also provided a sense of comfort and companionship to the recipients, ensuring they felt connected to their community.
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Impact
October, 2024
Loaves & Fishes Friendship Trays, Inc. plays a vital role in addressing hunger and malnutrition in Mecklenburg County. In the 2021-2022 fiscal year, the organization successfully distributed nutritious food to 98,676 individuals facing economic hardships through a network of 35 food pantries and a grocery home delivery program. By delivering healthy, prepared meals to 330 recipients who are unable to cook due to age or infirmity, the organization ensures that vulnerable community members maintain their health and well-being. Additionally, meals are provided to three adult/child daycares, extending their impact to families in need. Their commitment to delivering food in a caring and friendly manner fosters not only nourishment but also a sense of community and support among those they serve.
This information is meant to be a general summary of Loaves & Fishesfriendship Trays 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 2022.
- Investment Income: $102,799
- Program Service Revenue: $323,951
- Gross Receipts: $15,527,088
Assets and Liabilities:
- Total Assets: $30,745,098
- Total Liabilities: $6,756,398
- Net Assets: $23,988,700
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Income from Meals
Revenue
$323,951
Organization Details
Founding Year
1984
Phone
(704) 523-4333Principal Officer
Tina Postel
Main Address
648 Griffith Road Suite B, Charlotte, NC, 28217
Website
www.loavesandfishes.orgNTEE Category
Code: P600 - Human services
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