Loaves and Fishes of Beaufort

Nonprofit profile at a glance

EIN
264718812
IRS 990 coverage
2020–2025
Official website data refreshed
Jun 2026
Forms available
Form 990 2025, Form 990-N 2011
Location
Beaufort, NC, US
Phone
252.838.9035
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Interfaith Coalitions
Affiliation
Christianity

Official website

Reported finances

Revenue
$696,042
Expenses
$691,222
Assets
$179,479
Liabilities
$10,375

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • BENJAMIN HORTON (PRESIDENT)

People named in this filing

  • DAVID BRUCE (EXECUTIVE DI)
  • ORIEL HOMAN (DIRECTOR)
  • BENJAMIN HORTON (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Serve the needs of the community while bringing Glory to God through Christian ministry, including addiction treatment and assistance with food and other needs. Loaves and Fishes began in 2009 when a group of local pastors started to think about the ways to meet their community’s needs and develop a network for Christian churches, organizations and individuals to work together. Through hard work, determination and collaboration, we are proud to support a variety of ministries and provide a treatment program for those suffering from addictions. Our Partners All Saints Anglican Church. Dr. Willis also volunteers his time by doing weekly devotions with our guys. We are very thankful for his support for our ministry. Beaufort Vision Clinic – Dr. Patrick Patterson We are very grateful for Dr. Patterson and the services he provides for our clients. Out of the kindness of his heart, Dr....

What it reported doing in 2025

To achieve ministry as an arm of the churches of beaufort and its surrounding community, with a focus on substance abuse treatment and assisting with food and other needs.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 82% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 94
  • Accountability: 70
  • Sustainability: 33
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.3%; rating input score 99
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.7%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 8.6% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 8.2% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: -3.9% per year; rating input score 0; 7th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 99.3% of revenue deployed · 100% of spending went to programs
  • Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $691K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.