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Nonprofiteer
← LOAVES & FISHES INC

Form 990 for tax year 2023

Filed by LOAVES & FISHES INC.

Totals

Total revenue
$1,740,260
Total expenses
$1,785,735
Contributions and grants received
$1,740,260
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$468,177
Total liabilities, end of year
$54,412
Net assets or fund balances, end of year
$413,765
Program services expenses (Part IX)
$1,756,679
Management and general expenses
$29,056
Fundraising expenses
$0
Program service expenses (Part III)
$1,756,679

Program services were 98.4% 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.

  • 1e · Government grants (contributions)

    $1,738,318

  • 1f · All other contributions, gifts and grants

    $1,942

  • 1g · Noncash contributions included above

    $1,372,317

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $188,932 · program services $176,932 · management and general $12,000

  • 10 · Payroll taxes

    total $15,010 · program services $14,092 · management and general $918

  • 11c · Fees: accounting

    total $3,286 · management and general $3,286

  • 11g · Fees: other

    total $6,500 · management and general $6,500

  • 13 · Office expenses

    total $4,002 · program services $4,002

  • 16 · Occupancy

    total $67,708 · program services $61,356 · management and general $6,352

  • 20 · Interest

    total $1,102 · program services $1,102

  • 23 · Insurance

    total $8,838 · program services $8,838

  • 24a · Other expenses: USDA Food Distributions

    total $1,421,188 · program services $1,421,188

  • 24b · Other expenses: Warehouse supplies

    total $31,042 · program services $31,042

  • 24c · Other expenses: Equipment rentals

    total $20,619 · program services $20,619

  • 24d · Other expenses: Vehicle fuel

    total $4,596 · program services $4,596

  • 24e · All other expenses

    total $12,912 · program services $12,912

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $31,265 · end of year $64,700

  • 3 · Pledges and grants receivable

    beginning of year $29,250

  • 8 · Inventories for sale or use

    beginning of year $415,617 · end of year $366,746

  • 15 · Other assets

    beginning of year $53,637 · end of year $36,731

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,176 · end of year $10,681

  • 23 · Secured mortgages and notes payable

    beginning of year $11,725 · end of year $12,000

  • 25 · Other liabilities

    beginning of year $48,637 · end of year $31,731

  • 27 · Net assets without donor restrictions

    beginning of year $12,364 · end of year $47,019

  • 28 · Net assets with donor restrictions

    beginning of year $444,867 · end of year $366,746

Mission and programs · 2023

Mission

Loaves & Fishes, Inc. incorporated in 2012 to administer the Commodity Supplemental Food Program (CSFP) for the elderly on southern New Mexico.

  • The Commodity Supplemental Food Progam (CSFP) provides a monthly "box" of United States Department of Agriculutre (USDA) nutritious food to supplement the diet of low-income elderly at least 60 years of age who are at risk of malnutrition. CSFP is funded by the USDA through the New Mexico Human Services Department. CSFP provides for warehousing, certification of eligible participants, inventory control and ultimate food distribution. The current case load is 4,300 food boxes per month.

    Expenses $1,756,679

As filed on the 2023 return.

Listed in Part VII

  • Joel Ortiz

    President

    Total calculated
    $0
    Hours/week
    2

  • Denise Ortiz

    Secretary

    Total calculated
    $1,326
    From this org
    $1,326
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Andrea Ferrales-Narvaez

    Treasurer

    Total calculated
    $0
    Hours/week
    2

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
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202403209349314275

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