Overview
What is Loaves And Fishes Ministry Inc?
Loaves and Fishes Ministry Inc, operating under the name Loaves and Fishes, is a nonprofit organization situated in Raleigh, North Carolina. Their primary mission is to support under-resourced K-12 grade students, offering academic assistance, social-emotional skills development, and enrichment experiences. They collaborate with schools, families, and community agencies to help students overcome adversities and prepare for future opportunities, such as post-high school education and employment. Their comprehensive program includes tutoring, field trips, mentoring, spiritual development, physical activities, and partnerships with other organizations to provide diverse experiences. Loaves and Fishes Ministry Inc is also committed to addressing the challenges faced by the families of their students, often dealing with issues like hunger, unstable housing, poor transportation, and low-wage employment. They connect these families with other community resources to offer assistance and support. With a small workforce of three individuals, Loaves and Fishes Ministry Inc makes a significant impact on the lives of underprivileged youth in Raleigh.
Official website here: www.lafchildren.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Loaves And Fishes Ministry Inc has earned an 83% score, reflecting solid accountability and financial health. The organization demonstrates strong governance with a fully independent board and an excellent material diversion of assets score, indicating no significant financial mismanagement. Their program expense ratio of 86.01% suggests that a significant majority of funds are directed toward their mission-related activities.
However, the organization has noted shortcomings in areas such as their whistleblower and document retention policies, both of which are currently missing. These gaps could potentially affect transparency and accountability in the long run. Despite these limitations, the overall financial management appears sound, with a low liabilities to assets ratio of 9.73%.
In summary, Loaves And Fishes Ministry Inc presents a commendable profile in terms of accountability and program efficiency but should address its policy deficiencies to enhance governance and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Loaves And Fishes Ministry Inc?
While there are currently only three reviews available for Loaves And Fishes Ministry Inc, the sentiment is clearly positive. One reviewer highlighted the wonderful program and expressed appreciation for the charming photos of the children, indicating an emotional connection to the work being done.
Although the sample size is small and not much can be determined from the limited feedback, it suggests that the nonprofit has made a favorable impression on those who have interacted with its services. This response showcases the impact of their programs, particularly in connecting with the community they serve.
Overall, the initial reactions lean towards satisfaction, pointing to a strong likelihood that the nonprofit is fulfilling its mission effectively.
This AI summary has been generated from reviews found on Facebook.
Is Loaves And Fishes Ministry Inc legitimate?
Loaves And Fishes Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loaves And Fishes Ministry 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: $42,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,422
For more financial information, click here
Official website here: www.lafchildren.org
What is the mission statement of Loaves And Fishes Ministry Inc?
Loaves and Fishes Ministry Inc's mission is centered around assisting under-resourced youth. They collaborate with schools, families, and community organizations to provide academic support and develop resilience against Adverse Childhood Experiences (ACEs). The goal is to prepare these youth for future opportunities, including higher education and employment. Additionally, Loaves and Fishes organizes enrichment activities to introduce them to new experiences and foster self-esteem. They also extend aid to the families of the youth, who often face challenges such as hunger, unstable housing, poor transportation, and low-wage employment, by referring them to other agencies that can provide assistance.
Official website here: www.lafchildren.org
Who is the CEO of Loaves And Fishes Ministry Inc?
Joseph Burmester is the Executive Director of Loaves And Fishes Ministry Inc.
Official website here: www.lafchildren.org
What is the revenue of Loaves And Fishes Ministry Inc?
Loaves And Fishes Ministry Inc's revenue in 2022 was $193,588.
Official website here: www.lafchildren.org
Who are the executives of Loaves And Fishes Ministry Inc and what are their salaries?
The average compensation at Loaves And Fishes Ministry Inc during 2022 was $40,474. There are 3 employees and 175 volunteers at Loaves And Fishes Ministry Inc.
Here are 12 key members and their salaries:
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Official website here: www.lafchildren.org
Where can I find the form 990 for Loaves And Fishes Ministry Inc?
Loaves And Fishes Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lafchildren.org
Learn more at the official website: www.lafchildren.org
Mission Statement of Loaves And Fishes Ministry Inc
Loaves and Fishes Ministry Inc is dedicated to aiding under-resourced youth by offering academic assistance and honing their social-emotional skills. This nonprofit organization collaborates closely with schools, families, and other community agencies to foster resilience against Adverse Childhood Experiences (ACEs). The ultimate goal is to equip these youth with the necessary skills to seize life opportunities, such as pursuing post-high school education and employment.
In addition to academic support, Loaves and Fishes Ministry Inc organizes enrichment activities to broaden the horizons of its youth members. These activities are designed to introduce them to new experiences and situations, which can foster new skills and even open up new career paths. By providing these opportunities, the nonprofit aims to boost the self-esteem and character of its youth, ultimately transforming them into valuable contributors to their community.
Furthermore, Loaves and Fishes Ministry Inc recognizes the challenges faced by the families of its youth, often battling issues like hunger, unstable housing, poor transportation, and low-wage employment. In response, the nonprofit works in partnership with other community agencies to offer support and assistance to these families, helping them navigate these challenges and improve their overall circumstances.
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Impact
October, 2024
Loaves and Fishes Ministry Inc significantly impacts under-resourced youth by providing essential academic assistance and fostering social-emotional skills through a comprehensive afterschool program. By collaborating with schools, families, and local community agencies, the organization creates an inclusive environment where students can thrive despite facing challenges such as hunger, unstable housing, and low-wage employment.
The program facilitates meaningful learning opportunities for K-12 students, offering academic tutoring, remedial support, and healthy snacks. In addition, it emphasizes enrichment experiences such as field trips and physical activities, helping youth develop resilience against Adverse Childhood Experiences (ACEs). By working closely with teachers, counselors, and families, Loaves and Fishes Ministry tailors its approach to meet the unique academic and social-emotional goals of each participant.
Moreover, the initiative empowers youth by introducing them to new experiences, thereby broadening their horizons and equipping them with skills that may lead to future career opportunities. By enhancing self-esteem and character, the organization aims to foster responsible citizenship among its participants. While addressing immediate needs such as food security and housing stability through referrals to other agencies, Loaves and Fishes Ministry Inc stands as a vital support system, guiding families through challenges to ensure that young individuals are prepared for life’s opportunities beyond high school.
This information is meant to be a general summary of Loaves And Fishes Ministry 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: $152
- Gross Receipts: $193,588
Assets and Liabilities:
- Total Assets: $126,558
- Total Liabilities: $17,859
- Net Assets: $108,699
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Organization Details
Founding Year
1984
Phone
(919) 231-4687Principal Officer
Joseph Burmester
Main Address
PO Box 14596, Raleigh, NC, 27620
Website
www.lafchildren.orgNTEE Category
Code: O200 - Youth development
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