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Nonprofiteer
← LOAVES AND FISHES TOO

Form 990 for tax year 2024

Filed by LOAVES AND FISHES TOO.

Totals

Total revenue
$26,021,547
Total expenses
$27,351,956
Contributions and grants received
$24,960,339
Grants paid
$22,035,652
Program service revenue
$967,205
Investment income
$96,914
Other revenue
-$2,911
Total assets, end of year
$2,605,123
Total liabilities, end of year
$1,827,495
Net assets or fund balances, end of year
$777,628
Program services expenses (Part IX)
$26,053,265
Management and general expenses
$858,958
Fundraising expenses
$439,733
Program service expenses (Part III)
$26,053,265

Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $298,868

  • 1e · Government grants (contributions)

    $507,264

  • 1f · All other contributions, gifts and grants

    $24,154,207

  • 1g · Noncash contributions included above

    $22,052,815

  • 2a · Program service revenue: INSTITUTIONAL

    total $881,219 · related or exempt $881,219

  • 2b · Program service revenue: HUB FEES

    total $73,519 · related or exempt $73,519

  • 2c · Program service revenue: CACFP AT RISK PROGRAM

    total $7,267 · related or exempt $7,267

  • 2d · Program service revenue: FOOD INCOME

    total $5,200 · related or exempt $5,200

  • 3 · Investment income

    total $36,546 · excluded $36,546

  • 7a · Gross sales of assets other than inventory

    securities $703,107

  • 7b · Less cost or other basis and sales expenses

    securities $588,649 · other assets $54,090

  • 7c · Gain or loss

    securities $114,458 · other assets -$54,090

  • 7d · Net gain or loss

    total $60,368 · excluded $60,368

  • 8a · Fundraising events: gross income

    $6,466

  • 8a · Fundraising events: contributions included on line 1c

    $298,868

  • 8b · Fundraising events: direct expenses

    $20,445

  • 8c · Net income from fundraising events

    total -$13,979 · excluded -$13,979

  • 10a · Gross sales of inventory

    $627

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $627 · related or exempt $627

  • 11a · Other revenue: MISCELLANEOUS

    total $10,441 · excluded $10,441

  • 11e · Other revenue, total

    $10,441

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $22,035,652 · program services $22,035,652

  • 5 · Compensation of officers, directors and key employees

    total $116,926 · program services $83,894 · management and general $23,278 · fundraising $9,754

  • 7 · Other salaries and wages

    total $2,174,401 · program services $1,767,788 · management and general $232,634 · fundraising $173,979

  • 8 · Pension plan contributions

    total $47,385 · program services $36,744 · management and general $6,016 · fundraising $4,625

  • 9 · Other employee benefits

    total $254,982 · program services $196,748 · management and general $33,585 · fundraising $24,649

  • 10 · Payroll taxes

    total $120,733 · program services $92,976 · management and general $16,130 · fundraising $11,627

  • 11b · Fees: legal

    total $44,022 · management and general $44,022

  • 11c · Fees: accounting

    total $15,509 · management and general $15,509

  • 11f · Fees: investment management

    total $18,067 · management and general $18,067

  • 11g · Fees: other

    total $17,789 · program services $10,172 · management and general $5,524 · fundraising $2,093

  • 12 · Advertising and promotion

    total $28,669 · program services $11,799 · management and general $9,315 · fundraising $7,555

  • 13 · Office expenses

    total $843,081 · program services $757,510 · management and general $61,602 · fundraising $23,969

  • 14 · Information technology

    total $37,069 · program services $15,717 · management and general $12,407 · fundraising $8,945

  • 16 · Occupancy

    total $943,547 · program services $687,927 · management and general $148,535 · fundraising $107,085

  • 17 · Travel

    total $7,385 · program services $7,098 · management and general $167 · fundraising $120

  • 20 · Interest

    total $37,725 · program services $21,570 · management and general $11,713 · fundraising $4,442

  • 22 · Depreciation, depletion and amortization

    total $297,401 · program services $178,441 · management and general $118,960

  • 23 · Insurance

    total $83,773 · program services $47,898 · management and general $26,011 · fundraising $9,864

  • 24a · Other expenses: FUEL EXPENSES

    total $116,708 · program services $49,484 · management and general $39,062 · fundraising $28,162

  • 24b · Other expenses: EQUIPMENT RENTAL

    total $79,143 · program services $33,557 · management and general $26,489 · fundraising $19,097

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $31,989 · program services $18,290 · management and general $9,932 · fundraising $3,767

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $188,751

  • 3 · Pledges and grants receivable

    beginning of year $77,646 · end of year $82,848

  • 4 · Accounts receivable

    beginning of year $76,759 · end of year $43,983

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,293 · end of year $7,111

  • 10a · Land, buildings and equipment: cost or other basis

    $1,716,508

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,167,406

  • 10c · Land, buildings and equipment, net

    beginning of year $646,328 · end of year $549,102

  • 11 · Investments: publicly traded securities

    beginning of year $1,604,276 · end of year $1,050,169

  • 15 · Other assets

    beginning of year $576,081 · end of year $871,910

  • 17 · Accounts payable and accrued expenses

    beginning of year $318,448 · end of year $442,768

  • 23 · Secured mortgages and notes payable

    beginning of year $191,184 · end of year $500,000

  • 25 · Other liabilities

    beginning of year $572,441 · end of year $884,727

  • 27 · Net assets without donor restrictions

    beginning of year $2,106,061 · end of year $752,628

  • 28 · Net assets with donor restrictions

    end of year $25,000

Mission and programs · 2024

Mission

TO PROVIDE HEALTHY MEALS TO MINNESOTANS IN AREAS WHERE THE NEED IS GREATEST.

Activities or mission (Part I)

LOAVES AND FISHES SERVES MILLIONS OF FREE, HEALTHY MEALS TO ANYONE IN NEED IN MINNESOTA EACH YEAR. OUR PROGRAMMING IS DIVIDED INTO THREE CORE PILLARS: FREE MEAL PROGRAMMING, FOOD WASTE REDUCTION, AND COMMUNITY PARTNERSHIPS.

  • LOAVES AND FISHES' FREE MEAL PROGRAMMING PROVIDED 6.3 MILLION HEALTHY MEALS IN CALENDAR YEAR 2025. WE OPERATED IN 11 COUNTIES THROUGH OUR PUBLIC DINING SITE LOCATIONS, STREET OUTREACH LOCATIONS, SUMMER MEAL SITES FOR STUDENTS, AFTER-SCHOOL MEAL AND SNACK PROGRAM LOCATIONS, PRODUCE MARKET, AND OUR PARTNER PROGRAM CALLED THE HUB WHICH PROVIDES FOOD TO SMALL GROUPS AND NONPROFITS. IN ALL, WE SERVE FOOD THROUGH OVER 33 COMMUNITY MEAL PARTNERS. A COMBINATION OF STAFF, PARTNERS AND VOLUNTEERS COOK AND SERVE MEALS EVERY DAY OF THE WEEK, YEAR-ROUND.

    Expenses $25,031,810 · Grants $22,035,652 · Revenue $86,613

  • INSTITUTIONAL: INSTITUTIONAL REVENUES INCLUDE FEE-BASED SERVICES AROUND PREPARED MEALS IN AN INSTITUTIONAL SETTING BEGINNING IN FISCAL YEAR 2024. THE ORGANIZATION PROVIDES PREPARED MEALS FOR INDIVIDUALS WHO ARE LIVING IN AN INSTITUTIONAL SETTING AND IN SOME INSTANCES, STAFF OF THE ORGANIZATION WILL ALSO SERVE THESE MEALS AS WELL. THE MAJORITY OF INDIVIDUALS SERVED IN THIS SETTING ARE THOSE WHO WOULD BE SERVICED THROUGH OUR TRADITIONAL MEAL PROGRAMMING. SERVICES PROVIDED IN THIS MANNER ALLOW FOR NUTRITIONAL MEALS TO BE PROVIDED TO ADDITIONAL INDIVIDUALS WITHIN THE COMMUNITIES SERVED.

    Expenses $1,021,455 · Revenue $881,219

As filed on the 2024 return.

Listed in Part VII

  • John Larson

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jj Schlangen

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Michael Jonikas

    TREASURER (OUTGOING)

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Van Handel

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Catherine Holmgren

    SECRETARY (OUTGOING)

    Total calculated
    $0
    Hours/week
    1
  • Judy Kulsrud

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Andy Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Clement

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bob Cheney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Connor O'Neill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jenny Aquirre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kurt Swiecichowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kiley Benson

    EXECUTIVE DIRECTOR

    Total calculated
    $147,704
    From this org
    $137,377
    From related orgs
    $0
    Other
    $10,327
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 August 2026
IRS schema version
2024v5.5
Source object
202642309349302464

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