Country Meadow Of Milaca Inc
Country Meadow Of Milaca Inc consistently operates with a surplus and has reduced its liabilities significantly over the past decade.
EIN: 201723948 · Edina, MN · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Country Meadow Of Milaca Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Country Meadow Of Milaca Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Country Meadow Of Milaca Inc
Country Meadow Of Milaca Inc (EIN: 201723948) is a nonprofit organization based in Edina, MN, classified under NTEE code L22. The organization reported total revenue of $1.9M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Country Meadow Of Milaca Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Country Meadow Of Milaca Inc is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$69K |
| Total Assets | $3.6M |
| Total Liabilities | $1.7M |
| Net Assets | $1.9M |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 47.4% |
| Months of Reserves | 28.9 months |
Financial Health Grade: A
In 2023, Country Meadow Of Milaca Inc reported a surplus of $69K with revenue exceeding expenses, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 47.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Country Meadow Of Milaca Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | +0.4% | +2.7% |
| 2022 | +4.8% | +2.7% | -8.8% |
| 2021 | -1.8% | +5.2% | -2.2% |
| 2020 | +1.3% | +3.7% | +3.4% |
| 2019 | +3.8% | +8.7% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Country Meadow Of Milaca Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Country Meadow Of Milaca Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation is paid to officers, which is highly favorable for an organization of its size with annual revenues around $1.5 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Country Meadow Of Milaca Inc:
- Consistent positive net income, with revenue exceeding expenses in most years (e.g., 2023 revenue $1,543,578 vs. expenses $1,475,077).
- Significant reduction in liabilities over the past decade, from $2,994,453 in 2014 to $1,684,155 in 2023, indicating improved financial leverage.
- Zero reported officer compensation across all filings, demonstrating a strong commitment to program spending and efficiency.
- Stable asset base, maintaining over $3.5 million in assets, providing a solid foundation for operations.
- Clear program focus as a nursing facility (NTEE L22), supported by consistent operational finances.
Frequently Asked Questions about Country Meadow Of Milaca Inc
Is Country Meadow Of Milaca Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Country Meadow Of Milaca Inc (EIN: 201723948) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Country Meadow Of Milaca Inc spend its money?
Country Meadow Of Milaca Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Country Meadow Of Milaca Inc tax-deductible?
Country Meadow Of Milaca Inc is registered as a tax-exempt nonprofit (EIN: 201723948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Country Meadow Of Milaca Inc CEO make?
Country Meadow Of Milaca Inc's highest-compensated officer earns $1.5 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Country Meadow Of Milaca Inc's spending goes to programs?
Country Meadow Of Milaca Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Country Meadow Of Milaca Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Country Meadow Of Milaca Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Country Meadow Of Milaca Inc located?
Country Meadow Of Milaca Inc is headquartered in Edina, Minnesota and files with the IRS under EIN 201723948. It is classified under NTEE code L22.
How many years of IRS 990 filings does Country Meadow Of Milaca Inc have?
Country Meadow Of Milaca Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
Is Country Meadow Of Milaca Inc financially stable?
Yes, the organization appears financially stable. It consistently generates more revenue than expenses, as seen in 2023 ($1,543,578 revenue vs. $1,475,077 expenses), and has significantly reduced its liabilities from $2,994,453 in 2014 to $1,684,155 in 2023.
How does Country Meadow Of Milaca Inc manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a strong commitment to directing funds towards its programs rather than executive salaries.
Has the organization's financial health improved over time?
Yes, its financial health has improved. Liabilities have decreased substantially from $2,994,453 in 2014 to $1,684,155 in 2023, and it consistently maintains a positive net income.
Filing History
IRS 990 filing history for Country Meadow Of Milaca Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Country Meadow Of Milaca Inc's revenue has grown by 60%, moving from $965K to $1.5M. Total assets decreased by 6.3% over the same period, from $3.8M to $3.6M. Total functional expenses rose by 57.5%, from $937K to $1.5M. In its most recent filing year (2023), Country Meadow Of Milaca Inc reported a surplus of $69K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $3.6M in assets (debt-to-asset ratio: 47.4%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $3.6M | $1.7M | — | — |
| 2022 | $1.5M | $1.5M | $3.5M | $1.8M | — | View 990 |
| 2021 | $1.4M | $1.4M | $3.8M | $1.9M | — | View 990 |
| 2020 | $1.4M | $1.4M | $3.9M | $2.0M | — | View 990 |
| 2019 | $1.4M | $1.3M | $3.8M | $2.1M | — | View 990 |
| 2018 | $1.4M | $1.2M | $3.6M | $2.2M | — | View 990 |
| 2017 | $1.4M | $1.1M | $3.6M | $2.4M | — | View 990 |
| 2016 | $1.4M | $1.1M | $3.4M | $2.5M | — | View 990 |
| 2015 | $1.2M | $974K | $3.4M | $2.7M | — | View 990 |
| 2014 | $1.1M | $965K | $3.5M | $3.0M | — | View 990 |
| 2013 | $943K | $1.0M | $3.4M | $3.1M | — | View 990 |
| 2012 | $933K | $935K | $3.7M | $3.3M | — | View 990 |
| 2011 | $964K | $935K | $3.8M | $3.3M | — | View 990 |
| 2010 | $965K | $937K | $3.8M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $3.6M (revenue +3.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $3.5M (revenue +4.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $3.8M (revenue -1.8% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $3.9M (revenue +1.3% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $3.8M (revenue +3.8% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $3.6M (revenue +1.2% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.1M, and assets of $3.6M (revenue +0.3% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.1M, and assets of $3.4M (revenue +12.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $974K, and assets of $3.4M (revenue +9.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $965K, and assets of $3.5M (revenue +17.1% year-over-year).
- 2013: Revenue of $943K, expenses of $1.0M, and assets of $3.4M (revenue +1.0% year-over-year).
- 2012: Revenue of $933K, expenses of $935K, and assets of $3.7M (revenue -3.2% year-over-year).
- 2011: Revenue of $964K, expenses of $935K, and assets of $3.8M (revenue -0.1% year-over-year).
- 2010: Revenue of $965K, expenses of $937K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Country Meadow Of Milaca Inc:
Data Sources and Methodology
This transparency report for Country Meadow Of Milaca Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.