Asheville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Loving Food Resources Inc, founded in 1991, is a small nonprofit that reported $591K in total revenue in fiscal year 2023.
The mission of Loving Food Resources (LFR) is to provide food, health, and personal care items to people in 18 counties of Western North Carolina who are living with HIV/AIDS or who are in Home Hospice care regardless of diagnosis. We strive to do this while showing love, compassion and respect to everyone.
From July 1, 2023 to June 30, 2024, Loving Food Resources (LFR) continued to fulfill its mission of providing food, health and personal care items to its clients. Client numbers remained steady...
From July 1, 2023 to June 30, 2024, Loving Food Resources (LFR) continued to fulfill its mission of providing food, health and personal care items to its clients. Client numbers remained steady thanks to partnerships with Western North Carolina AIDS Project (WNCAP), Western North Carolina Community Health Services (WNCCHS), Care Partners Hospice, Four Seasons Hospice, and personal physicians who helped LFR reach more clients in the 18 counties of Western North Carolina. We continued to offer one-time emergency boxes to those with food insecurities. Unquestionably, LFR had a significant effect on the lives of many clients, individuals, and families during this period of time.
The following are statistics that represent the impact LFR had in the community - During this period, LFR recorded 3,149 client visits -64.4 tons of food was distributed. -LFR also provided an...
The following are statistics that represent the impact LFR had in the community - During this period, LFR recorded 3,149 client visits -64.4 tons of food was distributed. -LFR also provided an additional 18.4 tons of fresh produce -2,000 pounds of pet food was given to clients -233 Emergency food boxes were distributed
Additionally: -The Street Pantry received 2,085 visits -The Community Meal served 4,764 people All supported by a loving community with 4,483 volunteer hours. During this period, LFR continued to...
Additionally: -The Street Pantry received 2,085 visits -The Community Meal served 4,764 people All supported by a loving community with 4,483 volunteer hours. During this period, LFR continued to reach out to the community by serving free meals each Thursday. In collaboration with Kenilworth Presbyerian Church, and the Food Connection, this year LFR served 2,356 people. The goal of the Food connection is to ease hunger, reduce waste, and support the local food industry by redistributing food from local chefs to serve those in need.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $591,362 | $600,177 | 0.0% |
| Expenses | $618,222 | $471,883 | +0.3% |
| Net Income | $-26,860 | $128,294 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Brent Wyatt | Executive Director | 40.00 |
Officer
|
$68,189 | $0 | $68,189 |
| Jeff Scoltock | President | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Darryl Hansome | Vice-President | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Virginia Bower | Secretary | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Paul Davis CPA | Treasurer | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Holmes | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Joe Elliott | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Chris Stroup | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Jordan Chase Harless | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Jeffrey Long | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $591,362 | $618,222 | $530,291 | $-26,860 |
| 2023 | $600,177 | $471,883 | $555,343 | $128,294 |
| 2022 | $536,100 | $487,431 | $428,438 | $48,669 |
| 2021 | $696,397 | $532,001 | $376,698 | $164,396 |
| 2020 | $408,449 | $374,609 | $229,015 | $33,840 |
| 2019 | $390,843 | $307,179 | $177,630 | $83,664 |
| 2018 | $295,665 | $293,888 | $85,873 | $1,777 |
Compare Loving Food Resources Inc with other nonprofits in North Carolina and across the country.