Overview
What is Loaves And Fishes Of The Rio Grande Valley Inc?
Loaves and Fishes of the Rio Grande Valley Inc is a nonprofit organization that primarily serves the nourishment needs of indigent families in the area. Over the course of a year, they successfully provided a substantial number of meals, approximately 141,695, to nearly 400 individuals daily. Beyond offering nutritional aid, this organization also offers educational programs, such as computer skills workshops, GED preparation classes, and financial budgeting sessions, which were attended by 547 adults. Furthermore, they facilitated job search activities for 5,980 individuals, resulting in 51 successful placements. Additionally, Loaves and Fishes of the Rio Grande Valley Inc provided 10,997 nights of emergency shelter to those in need.
Official website here: www.lfrgv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Loaves and Fishes of the Rio Grande Valley Inc has received a solid Three-Star rating, reflecting its commitment to accountability and finance. The charity scored particularly well in areas such as having a fully independent board and strong financial oversight, with no material diversion of assets reported. Their fiscal responsibility is demonstrated through a high program expense ratio of 88.13%, indicating that a significant portion of their funds is directed towards their programs rather than administrative costs.
Despite these strengths, there are notable gaps in governance practices, including missing policies for conflict of interest, whistleblower protection, and document retention. These shortcomings could impact overall organizational effectiveness and transparency, suggesting an area for improvement. However, the presence of documented board meeting minutes and publicly available financial statements indicates some level of operational accountability.
Overall, while Loaves and Fishes of the Rio Grande Valley Inc shows strong financial health and a solid governance structure, addressing the missing policies could enhance their credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Loaves And Fishes Of The Rio Grande Valley Inc legitimate?
Loaves And Fishes Of The Rio Grande Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loaves And Fishes Of The Rio Grande Valley 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: $708,652
For more financial information, click here
Official website here: www.lfrgv.org
What is the mission statement of Loaves And Fishes Of The Rio Grande Valley Inc?
Loaves and Fishes of the Rio Grande Valley Inc. operates as a food kitchen, providing nourishment for indigent families. Beyond offering meals, the organization also offers educational programs to its community members. These programs include workshops on computer skills, GED preparation, and budgeting. Furthermore, they facilitate job search activities, leading to placement for some individuals. Additionally, the organization provides emergency accommodation for an estimated 10,997 nights annually.
Official website here: www.lfrgv.org
Who is the CEO of Loaves And Fishes Of The Rio Grande Valley Inc?
Victor Rivera is the President of Loaves And Fishes Of The Rio Grande Valley Inc.
Official website here: www.lfrgv.org
What is the revenue of Loaves And Fishes Of The Rio Grande Valley Inc?
Loaves And Fishes Of The Rio Grande Valley Inc's revenue in 2022 was $1,782,888.
Official website here: www.lfrgv.org
Who are the executives of Loaves And Fishes Of The Rio Grande Valley Inc and what are their salaries?
The average compensation at Loaves And Fishes Of The Rio Grande Valley Inc during 2022 was $23,622. There are 30 employees and 2319 volunteers at Loaves And Fishes Of The Rio Grande Valley Inc.
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- Compensation: $75,000
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Official website here: www.lfrgv.org
Where can I find the form 990 for Loaves And Fishes Of The Rio Grande Valley Inc?
Loaves And Fishes Of The Rio Grande Valley Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lfrgv.org
Learn more at the official website: www.lfrgv.org
Mission Statement of Loaves And Fishes Of The Rio Grande Valley Inc
Loaves and Fishes of the Rio Grande Valley is a nonprofit organization that serves as a food kitchen for indigent families. Its primary mission is to provide nourishment to individuals who are struggling financially, offering them a total of 141,695 meals within a year, catering to almost 400 people on a daily basis. Beyond offering meals, Loaves and Fishes also takes part in the education and empowerment of its community members. It conducts training sessions on various topics, such as computer skills, GED preparation, and family budgeting, which were attended by 547 adults during the year. Furthermore, the organization engages in job search activities, providing 5,980 citizens with relevant opportunities, resulting in the placement of 51 individuals in new jobs. Additionally, Loaves and Fishes offers emergency shelter services, providing 10,997 nights of accommodation to those in need.
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Impact
July, 2024
Loaves And Fishes of the Rio Grande Valley Inc's impact includes providing 141,695 meals in one year to almost 400 people a day. Additionally, the organization offered training sessions to 547 adults on computer skills, GED preparation, and family budgeting. They also facilitated job search activities for 5,980 citizens, leading to 51 job placements. Furthermore, the organization provided 10,997 nights of emergency assistance. Their work in HARLINGEN, TX, reflects a commitment to human services and providing crucial support to indigent families in the community.
This information is meant to be a general summary of Loaves And Fishes Of The Rio Grande Valley 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: $44
- Gross Receipts: $1,782,888
Assets and Liabilities:
- Total Assets: $2,013,752
- Total Liabilities: $73,469
- Net Assets: $1,940,283
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Organization Details
Founding Year
1990
Phone
(956) 423-1014Principal Officer
Victor Rivera
Main Address
514 SOUTH E STREET, HARLINGEN, TX, 78550
Website
www.lfrgv.orgNTEE Category
Code: P20Z - Human services
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