Loaves and Fishes Ministry Inc

EIN: 561433563 501(c)(3) Youth Development

Raleigh, NC

Total Revenue
$211,783
Total Expenses
$287,404
Total Assets
$52,607
Net Assets
$45,387
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NC
Principal Officer
India Williams
Phone
9192713018
Tax Period
2024-06-01 to 2025-05-31

Loaves and Fishes Ministry Inc, founded in 1984, is a small nonprofit in the Youth Development sector that reported $212K in total revenue in fiscal year 2024. Expenses of $287K exceeded revenue, resulting in a 36% operating deficit.

Mission

We provide academic assistance and social-emotional skills for under-resourced youth in collaboration with schools families and other community organizations. We help our youth build resilience to Adverse Childhood Experiences ACEs and prepare them for life opportunities including post-high school education and employment. We provide enrichment opportunities to introduce youth to new experiences and situations they may not otherwise have leading to new skills and careers. Through our work we build self-esteem and character so that our youth become contributing citizens in our community. We work closely with the families of our youth many of whom frequently struggle with hunger unstable housing poor transportation and low-wage employment. While we cannot solve these problems we make referrals to other agencies that can assist and stand with our families through the process of application and subsequent action.

Program Service Accomplishments

Program 1
Expenses: $224,696 Revenue: $189,715

Afterschool Program: We bring Pre-K to 12th-grade students from their schools to our facility using our own minibuses to deliver academic assistance to build social-emotional skills and to provide...

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Afterschool Program: We bring Pre-K to 12th-grade students from their schools to our facility using our own minibuses to deliver academic assistance to build social-emotional skills and to provide enrichment experiences. Included in our program are healthy snacks tutoring remedial academic assistance field trips mentoring spiritual development physical activities and collaborations with other organizations to offer a variety of additional programs and experiences. We work closely with school teachers counselors family members and our students to identify academic and social-emotional goals which are then tracked through our program year.

Program 2
Expenses: $12,068 Revenue: $12,068

Family Support: While youth are our focus we also work with the families of our students providing education supplementing food resources when needed and guiding them to other community resources...

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Family Support: While youth are our focus we also work with the families of our students providing education supplementing food resources when needed and guiding them to other community resources depending on their needs. We offer periodic Family Night dinners to provide a meal deliver training offer family-oriented activities and encourage fellowship amongst our network of participants. In addition we provide enrichment activities for the students and frequently have adults from their families join us.

Program 3
Expenses: $5,960 Revenue: $10,000

Pride for Parents Christmas Store: Each year we open a pop-up Christmas Store to offer new toys and games to our families and others in the community who are not able to provide for their children...

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Pride for Parents Christmas Store: Each year we open a pop-up Christmas Store to offer new toys and games to our families and others in the community who are not able to provide for their children during the holidays. We offer the items at prices substantially discounted from retail often as much as a 75% reduction. Merchandise is purchased by our organization and donated by our supporters to stock the store. This past year we served approximately 200 families with 470 children who purchased over 1,100 gifts providing a hand-out approach offered by other organizations. As a result our families take pride in paying for the gifts they select and can afford and enjoy the love fellowship and community of our team and volunteers.

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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 $211,780
Program Service Revenue $0
Investment Income $3
Other Revenue $0
TOTAL REVENUE $211,783

Expense Breakdown

Grants Paid $0
Salaries & Benefits $204,950
Fundraising Expenses $14,750
Program Expenses $242,724
Other Expenses $82,454
TOTAL EXPENSES $287,404

Year-over-Year Comparison

2024 2023 Change
Revenue $211,783 $208,558 +0.0%
Expenses $287,404 $220,865 +0.3%
Net Income $-75,621 $-12,307 +5.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
150

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
4
$0
Total Directors
4
$0
Key Employees
2
$61,814
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevonia Polanco Executive Directior - until January 2025 40.00
Key Emp
$38,500 $0 $38,500
India Williams Executive Director - started Feb 2025 40.00
Key Emp
$23,314 $0 $23,314
Jewel Almond Board Member 1.00
Director
$0 $0 $0
Soniya Felder Board Member 1.00
Director
$0 $0 $0
Victor Jones Board Member 1.00
Director
$0 $0 $0
India Williams Board Member through Jan 2025 1.00
Director
$0 $0 $0
Vielka Gabriel Board President 3.00
Officer
$0 $0 $0
Duncan Jennings Board Vice President 1.00
Officer
$0 $0 $0
Hans Linnartz Board Secretary 2.00
Officer
$0 $0 $0
Jack Moore Board Treasurer 1.00
Officer
$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
2025 $211,783 $287,404 $52,607 $-75,621
2024 $208,558 $220,865 $119,720 $-12,307
2023 $242,184 $226,288 $138,037 $15,896
2022 $193,588 $192,674 $126,558 $914
2021 $217,583 $179,312 $121,468 $38,271
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