Loaves and Fishes, Paso Robles 




The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/29/2022. To update the information in this column, 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
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 | ![]() ![]() ![]() ![]() ![]() | 87 of 1022 | 17 of 160 |
Fund acquisition rating | ![]() ![]() ![]() ![]() ![]() | 72 of 1024 | 7 of 160 |
Resource allocation rating | ![]() ![]() ![]() ![]() | 367 of 1024 | 60 of 160 |
Asset utilization rating | ![]() ![]() ![]() ![]() | 199 of 1022 | 36 of 160 |
Financial ratios
Funding ratios | Sector median | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 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 | 89% | 99% | 100% | 103% |
Program output ratio Program output ratio = Program services / Total revenue | 70% | 81% | 89% | 94% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 11% | 1% | 0% | -3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 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 | 3.27 | 1.12 | 1.02 | 1.02 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.85 | 1.71 | 1.40 | 1.41 |
Liquidity ratios | Sector median | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.95 | 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) | 5.53 | 7.00 | 8.56 | 8.44 |
Solvency ratios | Sector median | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 1% | 1% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 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