Community Loaves EIN 32-0619621

Community Loaves FY2023 filing

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Empowering home bakers to reduce hunger and promote wellness through food pantries. For fiscal year 2023 it reported $757K in revenue, $211K in expenses, and $653K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Human Services
Location
Kirkland, WA
Website
www.communityloaves.org
Filings
5 on file (2021–2023)
Revenue
$757KFY2023
Expenses
$211K
Net assets
$653K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  32-0619621 Public charity (501(c)(3)) Kirkland, WA Founded 2019
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Empowering home bakers to reduce hunger and promote wellness through food pantries.
Leadership
Katherine Kehrli · Director, Chair
Money in and out
$757K revenue, $211K expenses
Bottom line
85% program efficiency
Where the money goes · FY2023
Total revenue
$757K
Pt VIII · Ln 12
Total expenses
$211K
Pt IX · Ln 25
Net assets
$653K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $546K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs
Surplus margin
+72%
revenue over expenses, this year
Donor-funded
92%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$757K
FY2023▲ +141%
Expenses
$211K
FY2023▼ -10%
Total assets
$672K
FY2023▲ +440%
Total liabilities
$18K
FY2023▲ +9%
Total revenue
$757K
Pt VIII · Ln 12
Total expenses
$211K
Pt IX · Ln 25
Net assets
$653K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$546K
Total assetsPt X · Ln 16$672K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

2 program services account for $179K of program spending, described in the organization's own filed words · FY2023.
01

We finished the year with 764 volunteer members supporting 44 community food banks in Washington, Oregon, Idaho & California. These volunteers donated nearly 90,000 hours of baking time, resulting in almost 36,000 loaves of bread and 66,000 Grab 'N Go Energy Cookies.

$179Kprogram expense
02

Community Kitchens Program

This program creates additional volunteer baking opportunities by developing dedicated baking spaces, aka kitchens. Having these additional spaces serves multiple objectives. One objective is to provide more shared learning opportunities. Up to six volunteers can participate, engage, and bake communally in the kitchens.

$214program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommunity Loaves
EINHdr · item D32-0619621
Principal addressHdr · item CKirkland, WA
WebsiteHdr · item Jwww.communityloaves.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFFeb 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director, Chair
$0Pt VII · Sec A
Director, Vice Chair
$0Pt VII · Sec A
Director, Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$697K · 92%
Other revenue$60K · 8%
Contributions & grants92%$697K
Other revenue8%$60K
Program service revenue$11
Total revenueLn 12$757K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$179K
Management & general15%$32K
Total functional expensesLn 25$211K

Balance Sheet

Part X · end of year
CashLn 1$96K
Total assetsLn 16$672K
Total liabilitiesLn 26$18K
Total net assetsLn 32$653K
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $579K · Operating expenses (Pt IX) $211K · Less non-cash grants $633K · Cash operating expenses/yr $-422K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $179K · Total expenses $211K
85%
Management & General
Management & general $32K · Total expenses $211K
15%
Fundraising
Fundraising $0 · Total expenses $211K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $12 · Solicited contributions (3-yr avg) $348K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $697K · Total revenue $757K
92%
Government reliance
Government grants $0 · Total revenue $757K
0%
Earned-income share
Program service revenue $11 · Total revenue $757K
<0.01%
Investment reliance
Investment income $-6K · Total revenue $757K
-0.8%
Program self-sufficiency
Program service revenue $11 · Total expenses $211K
<0.01%
Growth & trend
Revenue growth (YoY)
This year $757K · Prior year $313K
+141%
Net-asset trend (YoY)
End of year $653K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $757K · Expenses $211K
+72%
Liabilities-to-Assets
Total liabilities — · Total assets $672K
Net-asset ratio
Net assets $653K · Total assets $672K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $483K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $672K
72%
People & payroll
Highest Reported Total Compensation
Individual Katherine Kehrli · Reported title Director, Chair · Highest reported compensation $0 · Total expenses $211K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $48K · Total expenses $211K
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Revenue growth 141%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 7%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Cobb FoundationFY2024$500
Total grants receivedfrom 6 funders$39K
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$317K revenue · ⤓ 990 PDF
FY2024$304K revenue · ⤓ 990 PDF
FY2023$757K revenue · viewing · ⤓ 990 PDF
FY2022$313K revenue · ⤓ 990 PDF
FY2021$175K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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