Loaves and Fishes Ministries of Fremont County Inc

EIN: 841050917 501(c)(3) Human Services

Canon City, CO

Total Revenue
$2,464,424
Total Expenses
$2,280,684
Total Assets
$3,251,666
Net Assets
$2,603,440
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CO
Principal Officer
Deidra Clement
Phone
7192750593
Tax Period
2024-01-01 to 2024-12-31

Loaves and Fishes Ministries of Fremont County Inc, founded in 1985, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $2.3M left a modest 7% surplus.

Mission

Sharing the love of God by serving individuals and families struggling with their basic needs.

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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 $2,299,040
Program Service Revenue $82,660
Investment Income $0
Other Revenue $82,724
TOTAL REVENUE $2,464,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $863,696
Fundraising Expenses $11,828
Program Expenses $2,260,312
Other Expenses $1,416,988
TOTAL EXPENSES $2,280,684

Year-over-Year Comparison

2024 2023 Change
Revenue $2,464,424 $2,159,932 +0.1%
Expenses $2,280,684 $2,264,479 +0.0%
Net Income $183,740 $-104,547 -2.8%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
9
Employees
32
Volunteers
968

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
$65,170
Total Directors
10
$65,170
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deidra Clement Executive Dir. 40.00
Officer Director
$65,170 $0 $65,170
Reta Martinez President 2.00
Officer Director
$0 $0 $0
Sharon Tuck Member 1.00
Director
$0 $0 $0
Steve McNew Vice President 1.00
Director
$0 $0 $0
David Harline Member 1.00
Director
$0 $0 $0
Kirk Suther Secretary 2.00
Officer Director
$0 $0 $0
Steve Samsel Treasurer 2.00
Officer Director
$0 $0 $0
Della Rieger Member 2.00
Officer Director
$0 $0 $0
Valentina Harline Member 1.00
Director
$0 $0 $0
Crystal Canady Member 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 $2,464,424 $2,280,684 $3,251,666 $183,740
2024 No data No data No data No data
2023 $2,159,932 $2,264,479 $2,673,050 $-104,547
2022 $2,354,289 $1,730,186 $2,424,128 $624,103
2021 $2,511,307 $1,887,116 $1,809,784 $624,191
2020 $1,977,544 $1,749,633 $961,435 $227,911
2019 $1,834,312 $1,587,182 $727,003 $247,130
2018 $1,113,972 $1,151,218 $471,246 $-37,246
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