Loaves and Fishes, Paso Robles

The information on this page was last updated 3/29/2022. If you see errors or omissions, please email: info@ministrywatch.com

Summary

Loaves & Fishes is a ministry of Christian churches working together and with organizations, businesses, and individuals in Paso Robles and the surrounding area to respond to the needs of persons seeking help. We are here to provide help with groceries and also to be a friend and a caring neighbor. It is our hope that anyone that needs help or simply needs a friend would find their way to Loaves & Fishes.

We specialize in helping the working poor, the elderly living on a fixed income, young parents trying to make ends meet.

Contact information

Mailing address:
Loaves and Fishes, Paso Robles
PO Box 1720
Paso Robles, CA 93447

Website: loavesandfishespaso.org

Phone: 805-238-4742

Email: info@loavesandfishespaso.org

Organization details

EIN: 770025618

CEO/President: Jacqueline Sebro

Chairman:

Board size: 0

Founder:

Ruling year: 1984

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:

Purpose

Loaves & Fishes is a Christian ministry treating every person with the dignity of being created and loved by God. Our name, Loaves & Fishes is taken from the biblical event of Jesus feeding the multitude of people through a miracle of one boy offering Jesus what he had in the way of food... five small loaves of bread and two fish. As Jesus took it and gave thanks to God, the loaves and fishes were multiplied to such an extent that over 5,000 people were fed, with twelve baskets of food left over.

We believe God still works miracles. When we take food and other resources given to us, and offer our thanks to God, we find that we are able to respond to the needs of most of those who come to us for help. Through Loaves & Fishes, God has provided for the needs of thousands of people.

Mission statement

Feeding the Hungry with God's Love

Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

F

To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

Category	Rating	Overall rank	Sector rank
Overall efficiency rating		93 of 1031	17 of 161
Fund acquisition rating		71 of 1033	6 of 161
Resource allocation rating		411 of 1033	64 of 161
Asset utilization rating		197 of 1031	30 of 161

Financial ratios

Funding ratios	Sector median	2018	2017	2016
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions	9%	0%	0%	0%
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue	8%	0%	0%	0%
Contributions reliance Contributions reliance = Total contributions / Total revenue	91%	89%	100%	100%
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses	10%	0%	0%	0%
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue	9%	11%	0%	0%

Operating ratios	Sector median	2018	2017	2016
Program expense ratio Program expense ratio = Program services / Total expenses	79%	82%	88%	92%
Spending ratio Spending ratio = Total expenses / Total revenue	87%	99%	100%	103%
Program output ratio Program output ratio = Program services / Total revenue	69%	81%	89%	94%
Savings ratio Savings ratio = Surplus (deficit) / Total revenue	13%	1%	0%	-3%
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets	11%	2%	-1%	-4%
General and admin ratio General and admin ratio = Management and general expense / Total expenses	9%	18%	12%	8%

Investing ratios	Sector median	2018	2017	2016
Total asset turnover Total asset turnover = Total expenses / Total assets	0.55	1.53	1.37	1.38
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets	3.02	1.12	1.02	1.02
Current asset turnover Current asset turnover = Total expenses / Total current assets	1.74	1.71	1.40	1.41

Liquidity ratios	Sector median	2018	2017	2016
Current ratio Current ratio = Total current assets / Total current liabilities	14.30	811.45	247.95	118.27
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets	0.07	0.00	0.00	0.01
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12)	5.79	7.00	8.56	8.44

Solvency ratios	Sector median	2018	2017	2016
Liabilities ratio Liabilities ratio = Total liabilities / Total assets	9%	1%	1%	1%
Debt ratio Debt ratio = Debt / Total assets	2%	0%	0%	0%
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses	150%	65%	72%	72%

Financials

Balance sheet

Assets	2018	2017	2016
Cash	$163,913	$176,788	$176,927
Receivables, inventories, prepaids	$0	$0	$0
Short-term investments	$0	$0	$0
Other current assets	$0	$0	$0
Total current assets	$163,913	$176,788	$176,927
Long-term investments	$0	$0	$0
Fixed assets	$18,735	$3,297	$3,688
Other long-term assets	$876	$0	$0
Total long-term assets	$19,611	$3,297	$3,688
Total assets	$183,524	$180,085	$180,615

Liabilities	2018	2017	2016
Payables and accrued expenses	$202	$713	$1,496
Other current liabilities	$0	$0	$0
Total current liabilities	$202	$713	$1,496
Debt	$0	$0	$0
Due to (from) affiliates	$0	$0	$0
Other long-term liabilities	$1,624	$1,160	$0
Total long-term liabilities	$1,624	$1,160	$0
Total liabilities	$1,826	$1,873	$1,496

Net assets	2018	2017	2016
Without donor restrictions	$181,698	$178,212	$179,119
With donor restrictions	$0	$0	$0
Net assets	$181,698	$178,212	$179,119

Revenues and expenses

Revenue	2018	2017	2016
Total contributions	$252,596	$245,759	$242,540
Program service revenue	$0	$0	$0
Membership dues	$0	$0	$0
Investment income	$147	$196	$225
Other revenue	$31,457	$0	$0
Total other revenue	$31,604	$196	$225
Total revenue	$284,200	$245,955	$242,765

Expenses	2018	2017	2016
Program services	$229,782	$217,744	$229,146
Management and general	$50,932	$29,118	$20,256
Fundraising	$0	$0	$0
Total expenses	$280,714	$246,862	$249,402

Change in net assets	2018	2017	2016
Surplus (deficit)	$3,486	($907)	($6,637)
Other changes in net assets	$0	$0	$0
Total change in net assets	$3,486	($907)	($6,637)

Compensation

Compensation data for this ministry has not been collected.

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/29/2022. To update the information below, please email: info@ministrywatch.com

Question	Response	Score
Does the organization have a statement of faith consistent with historic Christian creeds and is that statement of easily found on its website?	No	0/5
Does the board have no more than 2 non-independent members?	No	0/5
Does the board have at least four independent board members for every non-independent member?	No	0/5
Does the board contain between 5 and 11 members?	Yes	5/5
Does the organization file a Form 990 and make its Form 990 available to the public?	Yes	10/10
Does the organization make its audit or review (if annual revenue is less than $1-m) available on its website?	No	0/5
Is the organization a member of the ECFA?	No	0/10
Is the CEO/President's compensation within one standard deviation of the median compensation?	No	0/5
Did the organization operate at a net profit (revenue greater than expenses) in the most recent year?	Yes	5/5
Does the organization refrain from owning or leasing a private aircraft, or having fractional interest in one, that is primarily used for travel by the organization's leaders?	Yes	5/5
For the past five years, has the organization been free of any lawsuits or administrative actions filed against it by an employee, client, board member, vendor, donor, or other related party?	Yes	5/5
Are author royalties and speaking engagement fees paid to the organization, and not the individual?	Yes	5/5
Does the organization require its employees to affirm upon hiring the statement of faith of the organization?	No	0/5
Is the board chair an independent member of the board, and not the founder and/or CEO/President?	No	0/5
Does the board have term limits?	No	0/5
Have there been no public accusations of misdeeds against the organization, founder, CEO, senior pastor, or board members in the past five years?	Yes	5/5
Has the organization refrained from the use of non-disclosure agreements?	Yes	5/5
Does the organization have an overall financial efficiency rating of at least 2 stars?	Yes	5/5
Total donor confidence score		50/100