Grayson Meals On Wheels
Grayson Meals On Wheels sees sharp revenue decline in 2021, maintains strong asset position with zero liabilities and no officer compensation.
EIN: 202393209 · Grayson, KY · NTEE: K30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $170 |
| Program Spending | 95% |
| Net Assets | $45K |
| Transparency Score | 90/100 |
Is Grayson Meals On Wheels Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grayson Meals On Wheels directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grayson Meals On Wheels
Grayson Meals On Wheels (EIN: 202393209) is a nonprofit organization based in Grayson, KY, classified under NTEE code K30. The organization reported total revenue of $6K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grayson Meals On Wheels's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grayson Meals On Wheels is a micro nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -27.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $170 |
| Surplus / Deficit | +$5K |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | 96.9% |
| Months of Reserves | 3171.2 months |
Financial Health Grade: A
In 2021, Grayson Meals On Wheels reported a surplus of $5K with revenue exceeding expenses, holds 3171.2 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Grayson Meals On Wheels's revenue has declined at a compound annual growth rate (CAGR) of -27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -71.8% | -98.2% | +13.5% |
| 2020 | -38.1% | -70.4% | +34.8% |
| 2019 | +6.4% | -4.4% | +0.1% |
| 2018 | -15.4% | -7.3% | -10.3% |
| 2017 | +2.0% | -10.2% | -1.7% |
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 Grayson Meals On Wheels with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Grayson Meals On Wheels allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization is likely run by volunteers or that compensation is below reporting thresholds, which is highly efficient for an organization of its size.
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.
Red Flags
The following concerns were identified during AI analysis of Grayson Meals On Wheels's IRS 990 filings:
- Significant and unexplained drop in revenue from $19,564 (2020) to $5,508 (2021)
- Extremely low expenses ($170 in 2021) raises questions about program delivery scale
Strengths
The following positive indicators were identified for Grayson Meals On Wheels:
- Consistent 0% officer compensation, indicating volunteer-driven leadership
- No reported liabilities across all filing periods, demonstrating financial stability
- Growing asset base, reaching $44,926 in 2021
- Consistent IRS 990 filing history, indicating good transparency
Frequently Asked Questions about Grayson Meals On Wheels
Is Grayson Meals On Wheels a legitimate charity?
Grayson Meals On Wheels (EIN: 202393209) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $6K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Grayson Meals On Wheels spend its money?
Grayson Meals On Wheels directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Grayson Meals On Wheels tax-deductible?
Grayson Meals On Wheels is registered as a tax-exempt nonprofit (EIN: 202393209). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Grayson Meals On Wheels compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Grayson Meals On Wheels is above average for NTEE category K30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grayson Meals On Wheels located?
Grayson Meals On Wheels is headquartered in Grayson, Kentucky and files with the IRS under EIN 202393209. It is classified under NTEE code K30.
How many years of IRS 990 filings does Grayson Meals On Wheels have?
Grayson Meals On Wheels has 11 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 $6K in total revenue.
Why did Grayson Meals On Wheels' revenue drop from $19,564 in 2020 to $5,508 in 2021?
The IRS 990 data does not provide specific reasons for the significant decline in revenue. It could be due to reduced donations, grants, or changes in program funding.
What caused the dramatic decrease in expenses from $9,336 in 2020 to $170 in 2021?
The substantial drop in expenses suggests a significant reduction in operational activities or program delivery in 2021. This could be related to the decrease in revenue or a strategic decision to scale back operations.
How does the organization sustain its mission with such low expenses in 2021?
With only $170 in expenses reported in 2021, it's unclear how the organization maintained its core 'Meals On Wheels' program. This could indicate a temporary pause in services, reliance on in-kind donations not reflected as expenses, or a very lean operational model.
Filing History
IRS 990 filing history for Grayson Meals On Wheels showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Grayson Meals On Wheels's revenue has declined by 95.8%, moving from $132K to $6K. Total assets increased by 10.9% over the same period, from $41K to $45K. Total functional expenses fell by 99.8%, from $103K to $170. In its most recent filing year (2021), Grayson Meals On Wheels reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $6K | $170 | $45K | $0 | — | — |
| 2020 | $20K | $9K | $40K | $0 | — | View 990 |
| 2019 | $32K | $32K | $29K | $0 | — | View 990 |
| 2018 | $30K | $33K | $29K | $0 | — | View 990 |
| 2017 | $35K | $36K | $33K | $0 | — | View 990 |
| 2016 | $34K | $40K | $33K | $0 | — | View 990 |
| 2015 | $34K | $37K | $39K | $0 | — | View 990 |
| 2014 | $31K | $30K | $41K | $0 | — | View 990 |
| 2013 | $37K | $28K | $40K | $0 | — | View 990 |
| 2012 | $53K | $63K | $31K | $0 | — | View 990 |
| 2011 | $132K | $103K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $6K, expenses of $170, and assets of $45K (revenue -71.8% year-over-year).
- 2020: Revenue of $20K, expenses of $9K, and assets of $40K (revenue -38.1% year-over-year).
- 2019: Revenue of $32K, expenses of $32K, and assets of $29K (revenue +6.4% year-over-year).
- 2018: Revenue of $30K, expenses of $33K, and assets of $29K (revenue -15.4% year-over-year).
- 2017: Revenue of $35K, expenses of $36K, and assets of $33K (revenue +2.0% year-over-year).
- 2016: Revenue of $34K, expenses of $40K, and assets of $33K (revenue +0.3% year-over-year).
- 2015: Revenue of $34K, expenses of $37K, and assets of $39K (revenue +10.3% year-over-year).
- 2014: Revenue of $31K, expenses of $30K, and assets of $41K (revenue -16.9% year-over-year).
- 2013: Revenue of $37K, expenses of $28K, and assets of $40K (revenue -29.8% year-over-year).
- 2012: Revenue of $53K, expenses of $63K, and assets of $31K (revenue -59.5% year-over-year).
- 2011: Revenue of $132K, expenses of $103K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grayson Meals On Wheels:
Data Sources and Methodology
This transparency report for Grayson Meals On Wheels 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.