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← LOAVES AND FISHES MINISTRY OF BEAUFORT

Form 990 for tax year 2024

Filed by LOAVES AND FISHES MINISTRY OF BEAUFORT.

Totals

Total revenue
$665,729
Total expenses
$647,922
Contributions and grants received
$653,525
Grants paid
$119,914
Program service revenue
$0
Investment income
$0
Other revenue
$12,204
Total assets, end of year
$170,372
Total liabilities, end of year
$6,088
Net assets or fund balances, end of year
$164,284
Program services expenses (Part IX)
$647,922
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$647,922

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $653,525

  • 1g · Noncash contributions included above

    $490,790

  • 8a · Fundraising events: gross income

    $27,586

  • 8b · Fundraising events: direct expenses

    $15,382

  • 8c · Net income from fundraising events

    total $12,204

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $119,914 · program services $119,914

  • 7 · Other salaries and wages

    total $220,795 · program services $220,795

  • 10 · Payroll taxes

    total $18,210 · program services $18,210

  • 11c · Fees: accounting

    total $2,199 · program services $2,199

  • 12 · Advertising and promotion

    total $2,397 · program services $2,397

  • 16 · Occupancy

    total $239,832 · program services $239,832

  • 17 · Travel

    total $14,692 · program services $14,692

  • 20 · Interest

    total $2,119 · program services $2,119

  • 22 · Depreciation, depletion and amortization

    total $9,546 · program services $9,546

  • 24a · Other expenses: SUPPLIES-SHOPS & CENTER

    total $10,189 · program services $10,189

  • 24b · Other expenses: BANK & SQUARE FEES

    total $7,609 · program services $7,609

  • 24c · Other expenses: VOLUNTEER PROMOTIONS

    total $420 · program services $420

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $252,523 · end of year $136,782

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

    $63,869

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

    $43,074

  • 10c · Land, buildings and equipment, net

    beginning of year $22,941 · end of year $20,795

  • 15 · Other assets

    beginning of year $6,300 · end of year $12,795

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,451 · end of year $5,916

  • 25 · Other liabilities

    beginning of year $129,836 · end of year $172

  • 27 · Net assets without donor restrictions

    beginning of year $146,477 · end of year $164,284

Mission and programs · 2024

Mission

TO ACT AS AN ARM OF THE CHURCHES OF BEAUFORT AND ITS SURROUNDING COMMUNITY, FOCUSING ON SUBSTANCE ABUSE TREATMENT AND ASSISTING WITH FOOD AND OTHER NEEDS.

Activities or mission (Part I)

THE MISSION OF LOAVES AND FISHES MINISTRIES OF BEAUFORT INC IS TO MINISTER IN THE NAME OF JESUS AS AN ADJUNT MINISTRY OR ARM OF THE BEAUFORT FELLOWSHIP OF CHURCHES, PRIMARILY IN BEAUFORT AND ITS SURROUNDING COMMUNITY. THE FOCUS WILL BE SUBSTANCE ABUSE TREATMENT AND ASSISTING WITH FOOD AND OTHER NEEDS.

  • TO ACHIEVE MINISTRY AS AN ARM OF THE CHURCHES OF BEAUFORT AND ITS SURROUNDING COMMUNITY, WITH A FOCUS ON SUBSTANCE ABUSE TREATMENT AND ASSISTING WITH FOOD AND OTHER NEEDS.

    Expenses $638,376 · Grants $119,914

  • TO ACHIEVE MINISTRY AS AN ARM OF THE CHURCHES OF BEAUFORT AND ITS SURROUNDING COMMUNITY, WITH A FOCUS ON SUBSTANCE ABUSE TREATMENT AND ASSISTING WITH FOOD AND OTHER NEEDS.

    Expenses $9,546

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gabrielle Gaskill

    TREASURER

    Total calculated
    $48,685
    From this org
    $48,685
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • David Bruce

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40
  • Oriel Homan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carol Stone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jerry Stone

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Steve Trussell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
17 February 2025
IRS schema version
2024v5.0
Source object
202510519349301301

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