Overview
What is Loaves & Fishes Ministries?
Loaves & Fishes Ministries is a nonprofit organization situated in Warrenton, North Carolina, specifically at 538 W Ridgeway Street. Their mission is to address and fulfill the personal, physical, emotional, and spiritual needs of families. They achieve this by offering food support to eligible households, as well as providing assistance with rent and utilities on a case-by-case basis. Volunteers dedicated their time to this cause, contributing a total of 7468.25 hours in the year ending June 30, 2023. The organization's purpose is to foster self-respect, dignity, and a desire to help others within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Loaves & Fishes Ministries has achieved a solid overall score of 77%, primarily reflecting its strong performance in accountability and finance. The organization boasts an impressive 100% of its board members being independent, which indicates a well-governed structure that likely contributes to its transparency and effectiveness. Notably, the charity has shown no material diversion of assets and has robust policies in place regarding conflicts of interest, whistleblower protections, and document retention.
The financial health of Loaves & Fishes is further evidenced by its high program expense ratio of 98.73%, suggesting that nearly all of its expenditures are directed towards fulfilling its mission rather than administrative costs. This focus on programmatic spending is a positive indicator for donors looking for impactful contributions. However, while the charity's accountability score is commendable, further insights into its operational outcomes and community impact could enhance understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Loaves & Fishes Ministries legitimate?
Loaves & Fishes Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loaves & Fishes Ministries 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.
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What is the mission statement of Loaves & Fishes Ministries?
Loaves & Fishes Ministries aims to acknowledge and attend to the diverse needs of families, encompassing their personal, physical, emotional, and spiritual aspects. They provide assistance to qualified households in the form of food support and aid with rent and utilities on an as-needed basis. The organization encourages self-respect, dignity, and a desire to help others, fostering a sense of community among those they serve. As of June 30, 2023, their volunteer efforts totaled an impressive 7468.25 hours.
Who is the CEO of Loaves & Fishes Ministries?
Marc Swanner is the Ceo of Loaves & Fishes Ministries. The CEO's salary of Loaves & Fishes Ministries is $0 and their total compensation is $0.
What is the revenue of Loaves & Fishes Ministries?
Loaves & Fishes Ministries's revenue in 2023 was $1,130,880.
Who are the executives of Loaves & Fishes Ministries and what are their salaries?
There 55 volunteers at Loaves & Fishes Ministries.
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Where can I find the form 990 for Loaves & Fishes Ministries?
Loaves & Fishes Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Loaves & Fishes Ministries
Loaves & Fishes Ministries is an organization dedicated to addressing the personal, physical, emotional, and spiritual needs of qualified families. Their mission, as stated, involves providing food support to these families and offering assistance with rent and utilities on a need basis. The organization aims to encourage self-respect, dignity, and a desire to help others among the individuals they assist. The total number of volunteer hours contributed by their team during the year ending June 30, 2023, amounted to 7,468.25 hours, underscoring their commitment to their cause.
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Impact
July, 2024
Loaves & Fishes Ministries has made a significant impact by providing food support for qualified households and assisting with rent and utilities based on need. They strive to become aware of and meet the personal, physical, emotional, and spiritual needs of families in a way that promotes self-respect, dignity, and a desire to help others. With a total of 7468.25 volunteer hours in the year ending June 30, 2023, Loaves & Fishes Ministries in Warrenton, NC, is making a tangible difference in the lives of individuals and families in need. Their mission to provide essential support to those facing economic challenges demonstrates a commitment to serving the community and fostering a sense of compassion and solidarity.
This information is meant to be a general summary of Loaves & Fishes Ministries. 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 2023.
- Gross Receipts: $1,130,880
Assets and Liabilities:
- Total Assets: $142,216
- Total Liabilities: -$169
- Net Assets: $142,385
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Organization Details
Founding Year
2000
Phone
(252) 257-1160Principal Officer
Marc Swanner
Main Address
538 W Ridgeway Street, Warrenton, NC, 27589
NTEE Category
Code: X21 - Religion related
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