Loaves and Fishes Ministries Inc

EIN: 061328823 501(c)(3) Religion

Hartford, CT

Total Revenue
$280,576
Total Expenses
$278,321
Total Assets
$1,142,449
Net Assets
$1,142,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CT
Principal Officer
Linda Castiglione President
Phone
8605241730
Tax Period
2024-01-01 to 2024-12-31

Loaves and Fishes Ministries Inc, founded in 1991, is a small nonprofit in the Religion sector that reported $281K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Net assets of $1.1M represent 49 months of operating reserves.

Mission

To help people in our community to live with spiritual dignity and independence, caring for themselves and others, and to be able to fulfill their potential as children of God.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $255,725
Program Service Revenue $0
Investment Income $24,851
Other Revenue $0
TOTAL REVENUE $280,576

Expense Breakdown

Grants Paid $0
Salaries & Benefits $202,163
Fundraising Expenses $26,541
Program Expenses $154,432
Other Expenses $76,158
TOTAL EXPENSES $278,321

Year-over-Year Comparison

2024 2023 Change
Revenue $280,576 $235,790 +0.2%
Expenses $278,321 $260,216 +0.1%
Net Income $2,255 $-24,426 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
5
Volunteers
250

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$91,402
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allison Hild Executive Dir. 40.00
Officer
$91,402 $0 $91,402
Linda Castiglione President 2.00
Officer Director
$0 $0 $0
Abbey Kreinik Treasurer 2.00
Officer Director
$0 $0 $0
Edward Barlow Jr Director 1.00
Director
$0 $0 $0
Stephen Schneeberger Vice President 2.00
Officer Director
$0 $0 $0
James Bannister Director 1.00
Director
$0 $0 $0
Kristen Boucher Director 1.00
Director
$0 $0 $0
Sally Tresselt Director 1.00
Director
$0 $0 $0
Kevin Scarrozzo Director 3.00
Director
$0 $0 $0
William Bronson Director 1.00
Director
$0 $0 $0
Chester Brodnicki Director 2.00
Director
$0 $0 $0
Beverly Hughes Secretary 1.00
Officer Director
$0 $0 $0
Audrey Cherubin Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $280,576 $278,321 $1,142,449 $2,255
2023 $235,790 $260,216 $1,123,546 $-24,426
2022 $500,861 $240,579 $1,130,865 $260,282
2021 $279,371 $227,125 $915,361 $52,246
2020 $383,918 $218,745 $860,875 $165,173
2019 $248,430 $214,106 $683,214 $34,324
2018 $256,550 $242,635 $641,341 $13,915
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