Civic Intelligence

Loving Food Resources

990 • Fiscal year 2019 • EIN 56-1823591

Jul 01, 2018 to Jun 30, 2019 • Filed on May 15, 2020

PO Box 25142Asheville, NC 28813

(828) 255-9282

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

88th percentile

$34,547

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

91st percentile

107%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$177,630

Up $91,757 (+107%) from 2018

Net Assets

Up

$168,498

Up $85,998 (+104%) from 2018

Liabilities

Up

$9,132

Up $5,759 (+171%) from 2018

Revenue

Up

$390,843

Up $95,178 (+32%) from 2018

Expenses

Up

$307,179

Up $13,291 (+4.5%) from 2018

Net Income

Up

$83,664

Up $81,887 (+4608%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2012: $97,247Liabilities 2012: $5002012Assets 2013: $98,065Liabilities 2013: $02013Assets 2014: $118,277Liabilities 2014: $02014Assets 2015: $115,594Liabilities 2015: $331Net Assets 2015: $115,2632015Assets 2016: $130,325Liabilities 2016: $12,652Net Assets 2016: $117,6732016Assets 2017: $86,727Liabilities 2017: $6,004Net Assets 2017: $80,7232017Assets 2018: $85,873Liabilities 2018: $3,373Net Assets 2018: $82,5002018Assets 2019: $177,630Liabilities 2019: $9,132Net Assets 2019: $168,4982019Assets 2020: $229,015Liabilities 2020: $18,103Net Assets 2020: $210,9122020Assets 2021: $376,698Liabilities 2021: $1,390Net Assets 2021: $375,3082021Assets 2022: $428,438Liabilities 2022: $4,855Net Assets 2022: $423,5832022Assets 2023: $555,343Liabilities 2023: $3,466Net Assets 2023: $551,8772023Assets 2024: $530,291Liabilities 2024: $5,274Net Assets 2024: $525,0172024

Highlighted filing

2019

Assets$177,630
Liabilities$9,132
Net Assets$168,498

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2012: $92,667Expenses 2012: $113,333Net Income 2012: -$20,6662012Revenue 2013: $83,190Expenses 2013: $81,872Net Income 2013: $1,3182013Revenue 2014: $159,942Expenses 2014: $139,730Net Income 2014: $20,2122014Revenue 2015: $207,571Expenses 2015: $202,500Net Income 2015: $5,0712015Revenue 2016: $248,830Expenses 2016: $246,421Net Income 2016: $2,4092016Revenue 2017: $264,458Expenses 2017: $301,732Net Income 2017: -$37,2742017Revenue 2018: $295,665Expenses 2018: $293,888Net Income 2018: $1,7772018Revenue 2019: $390,843Expenses 2019: $307,179Net Income 2019: $83,6642019Revenue 2020: $408,449Expenses 2020: $374,609Net Income 2020: $33,8402020Revenue 2021: $696,397Expenses 2021: $532,001Net Income 2021: $164,3962021Revenue 2022: $536,100Expenses 2022: $487,431Net Income 2022: $48,6692022Revenue 2023: $600,177Expenses 2023: $471,883Net Income 2023: $128,2942023Revenue 2024: $591,362Expenses 2024: $618,222Net Income 2024: -$26,8602024

Highlighted filing

2019

Revenue$390,843
Expenses$307,179
Net Income$83,664
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 15, 2020
Return Version
2018v3.2
Gross Receipts
$414,975
Mission and Program Overview

Mission

The organization's mission is to distribute food, health, and personal care items

The organization's mission is to distribute food, health, and personal care items to people living with hiv/aids or anyone in home hospice care with any diagnosis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$43,531$86,972▲ $43,441
Land, Buildings, and Equipment, Net$3,870$41,406▲ $37,536
Inventories for Sale or Use$30,895$25,000▼ $5,895
Cash and Non-Interest-Bearing Accounts$6,641$12,375▲ $5,734
Pledges and Grants Receivable-$11,467-
Accounts Receivable$936$410▼ $526
Total Assets$85,873$177,630▲ $91,757
Liabilities
Accounts Payable and Accrued Expenses$3,373$9,132▲ $5,759
Total Liabilities$3,373$9,132▲ $5,759
Net Assets / Fund Balance
Unrestricted Net Assets$62,923$121,752▲ $58,829
Temporarily Rstr Net Assets$19,577$46,746▲ $27,169
Total Net Assets Fund Balance$82,500$168,498▲ $85,998
Total Liabilities and Net Assets / Fund Balance$85,873$177,630▲ $91,757

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$41,406$44,312$85,718
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ellen AnastosExecutive DiPT$34,547$34,547

Board Members and Trustees

NameTitle
Mike StevensonPresident
Brian NemitzDirector
Calle PiskDirector
Carol MorainDirector
Greg WalkerDirector
Jerry ConnerDirector
Joan MotsettDirector
Pamela BrownDirector
Paul LeschackDirector
Stephen SloanDirector
Brent WyattExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$400,428
Program Service Revenue
$0
Investment Income
$16
Other Revenue
$-9,601
All Other Contributions
$362,871
Change in Net Assets
$83,664

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory24$166,967Fair Market Value
Works of Art75$13,531Fair Market Value
Other Non Cash Contri Table3$4,000Fair Market Value
Total Noncash Contributions102$184,498-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$218,723
Other Expenses$45,014
Salaries, Compensation, and Employee Benefits$43,442
Total Fundraising Expense$2,314
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$218,723--$218,723
Current Officers, Directors, Trustees, and Key Employees$30,715$4,795$540$36,050
Occupancy$6,276$697-$6,973
Insurance$4,504$500-$5,004
Fees for Services Accounting-$4,324-$4,324
Other Salaries and Wages$3,667$573$65$4,305
Information Technology$1,560$1,561-$3,121
Payroll Taxes$2,630$411$46$3,087
Fees for Services Other$2,892--$2,892
Office Expenses$880$1,000$762$2,642
All Other Expenses$671$1,172$629$2,472
Depreciation Depletion$2,053$35-$2,088
Other Expenses$1,694$196-$1,694
Advertising$361$272$272$905
Total Functional Expenses$288,467$16,398$2,314$307,179
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,132
Fundraising Gross Income$14,531
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Affair in White$52,088$14,531$1,720$12,811
Total Events$52,088$14,531$24,132$-9,601
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The prepared copy of the form 990, along with supporting documentation, is provided to all board members for review and reference before teh form 990 is filed. After the board's review and approval, the form 990 is filed with thh irs.

Form 990, Page 6, Part VI, Line 19

Loving food resources, upon request, will make available all documents, policies, and financial statements.

Filing and Contact Details

Filer

Filer Name
Loving Food Resources Inc
EIN
56-1823591
Phone
8282559282
Address
PO BOX 25142, ASHEVILLE, NC 28813

Signing Officer

Name
Brent Wyatt
Title
Executive Director
Phone
8282559282
Signed
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Wyatt
Formed
1991
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
150

Preparer

Firm
Gould Killian CPA Group Pa
Address
100 COXE AVE, ASHEVILLE, NC 28801-2354
Preparer
Harvey W Jenkins CPA
Phone
8282580363
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03667
IRS990/OtherSalariesAndWagesGrp/TotalAmt04305
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt046
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0411
IRS990/PayrollTaxesGrp/ProgramServicesAmt02630
IRS990/PayrollTaxesGrp/TotalAmt03087
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt011467
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRENT WYATT
IRS990/PriorPeriodAdjustmentsAmt02334
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0280052
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0196563
IRS990/PYInvestmentIncomeAmt020
IRS990/PYOtherExpensesAmt049400
IRS990/PYOtherRevenueAmt015593
IRS990/PYRevenuesLessExpensesAmt01777
IRS990/PYSalariesCompEmpBnftPaidAmt047925
IRS990/PYTotalExpensesAmt0293888
IRS990/PYTotalRevenueAmt0295665
IRS990/ReconcilationRevenueExpnssAmt083664
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt043531
IRS990/SavingsAndTempCashInvstGrp/EOYAmt086972
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0400428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0280052
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0264839
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0257420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt099502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01302241
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt087
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0197
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt014531
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt01302241
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0400428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0280052
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0264839
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0257420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt099502
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01302241
IRS990ScheduleA/TotalSupportAmt01302438
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt041406
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044312
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt085718
IRS990ScheduleD/TotalBookValueLandBuildingsAmt041406
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt01000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt037557
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt037557
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024132
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AFFAIR IN WHITE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt052088
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt052088
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014531
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt014531
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-9601
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt013531
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt013531
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01720
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01720
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07881
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07881
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FOOD DISTRIBUTION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0218723
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FOOD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04368
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0PER POUND
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt024
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0166967
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt03
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt04000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990ScheduleM/WorksOfArtGrp/ContributionCnt075
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt013531
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PREPARED COPY OF THE FORM 990, ALONG WITH SUPPORTING DOCUMENTATION, IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND REFERENCE BEFORE TEH FORM 990 IS FILED. AFTER THE BOARD'S REVIEW AND APPROVAL, THE FORM 990 IS FILED WITH THH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOVING FOOD RESOURCES, UPON REQUEST, WILL MAKE AVAILABLE ALL DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt019577
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt046746
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt085873
IRS990/TotalAssetsEOYAmt0177630
IRS990/TotalAssetsGrp/BOYAmt085873
IRS990/TotalAssetsGrp/EOYAmt0177630
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0400428
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02314
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016398
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288467
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307179
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03373
IRS990/TotalLiabilitiesEOYAmt09132
IRS990/TotalLiabilitiesGrp/BOYAmt03373
IRS990/TotalLiabilitiesGrp/EOYAmt09132
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt082500
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0168498
IRS990/TotalProgramServiceExpensesAmt0288467

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