Loaves & Fishes Family Kitchen

Overview

Mission

The organization aims to create as many avenues as possible to ensure anyone needing a meal can access nutritious and quality food. They do this by efficiently and effectively operating five food programs for those facing food insecurity, including community meals, a la carte food recovery, meals on wheels, medically tailored meals, jerry larson foodbasket for people living with HIV/AIDS.

What it reported doing in 2024

Prepared meal program that provides meals to the community at multiple sites. 776,328 meals served from the prepared meal program feeding an estimated 165,788 people. This also supports program partners with feeding guests and residents.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
770370874
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Headquarters
San Jose, CA, USA
Phone
4089229085
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Food Banks, Pantries

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.5%; rating input score 90
  • Program expense ratio: 83%; rating input score 83
  • Fundraising efficiency: $15.53 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.1%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 1.18; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: 17.6% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 16.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 24.4% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 90.5% of revenue deployed · 83% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $8.8M in reported program spending
  • Leadership: top reported pay $171K · 20 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $113K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 11 annual filings from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

20 people listed

Highest reported compensation

  • DAVID HOTT (CEO): $170,689 total reported compensation
  • TERRI HAMM (COO): $127,261 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.