Marys Meals Usa Inc
EIN: 331215331 · Bloomfield, NJ · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $23.3M |
| Total Expenses | $13.9M |
| Net Assets | $937K |
Is Marys Meals Usa Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marys Meals Usa Inc
Marys Meals Usa Inc (EIN: 331215331) is a nonprofit organization based in Bloomfield, NJ, classified under NTEE code Q33. The organization reported total revenue of $23.3M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marys Meals Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marys Meals Usa Inc is a large nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 30.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.0M |
| Total Expenses | $13.9M |
| Surplus / Deficit | +$47K |
| Total Assets | $3.0M |
| Total Liabilities | $2.1M |
| Net Assets | $937K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 69.0% |
| Months of Reserves | 2.6 months |
Financial Health Grade: B
In 2023, Marys Meals Usa Inc reported a surplus of $47K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 69.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Marys Meals Usa Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.1% | +41.1% | -45.8% |
| 2022 | +1.3% | +2.2% | +72.4% |
| 2021 | +6.2% | +6.4% | +20.7% |
| 2020 | +24.1% | +28.4% | +21.3% |
| 2019 | +36.9% | +28.8% | -21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marys Meals Usa Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marys Meals Usa Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.0%.
Frequently Asked Questions about Marys Meals Usa Inc
Is Marys Meals Usa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marys Meals Usa Inc (EIN: 331215331) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marys Meals Usa Inc spend its money?
Detailed spending breakdown data is not yet available for Marys Meals Usa Inc. Check back for updated IRS 990 analysis.
Are donations to Marys Meals Usa Inc tax-deductible?
Marys Meals Usa Inc is registered as a tax-exempt nonprofit (EIN: 331215331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marys Meals Usa Inc located?
Marys Meals Usa Inc is headquartered in Bloomfield, New Jersey and files with the IRS under EIN 331215331. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Marys Meals Usa Inc have?
Marys Meals Usa 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 $23.3M in total revenue.
Filing History
IRS 990 filing history for Marys Meals Usa Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Marys Meals Usa Inc's revenue has grown by 2936.6%, moving from $460K to $14.0M. Total assets increased by 1279.1% over the same period, from $219K to $3.0M. Total functional expenses rose by 4781.1%, from $286K to $13.9M. In its most recent filing year (2023), Marys Meals Usa Inc reported a surplus of $47K, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $3.0M in assets (debt-to-asset ratio: 69.0%), resulting in net assets of $937K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.0M | $13.9M | $3.0M | $2.1M | — | — |
| 2022 | $9.9M | $9.9M | $5.6M | $4.7M | — | — |
| 2021 | $9.8M | $9.7M | $3.2M | $2.4M | — | View 990 |
| 2020 | $9.2M | $9.1M | $2.7M | $1.9M | — | View 990 |
| 2019 | $7.4M | $7.1M | $2.2M | $1.6M | — | View 990 |
| 2018 | $5.4M | $5.5M | $2.8M | $2.5M | — | View 990 |
| 2017 | $5.9M | $5.8M | $3.7M | $3.4M | — | View 990 |
| 2016 | $4.0M | $4.2M | $2.4M | $2.1M | — | View 990 |
| 2015 | $4.2M | $4.0M | $2.5M | $2.1M | — | View 990 |
| 2014 | $3.5M | $3.5M | $2.1M | $1.8M | — | View 990 |
| 2013 | $2.8M | $2.9M | $295K | $22K | — | View 990 |
| 2012 | $1.1M | $952K | $400K | $6K | — | View 990 |
| 2011 | $721K | $701K | $240K | $500 | — | View 990 |
| 2010 | $460K | $286K | $219K | $190 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.0M, expenses of $13.9M, and assets of $3.0M (revenue +41.1% year-over-year).
- 2022: Revenue of $9.9M, expenses of $9.9M, and assets of $5.6M (revenue +1.3% year-over-year).
- 2021: Revenue of $9.8M, expenses of $9.7M, and assets of $3.2M (revenue +6.2% year-over-year).
- 2020: Revenue of $9.2M, expenses of $9.1M, and assets of $2.7M (revenue +24.1% year-over-year).
- 2019: Revenue of $7.4M, expenses of $7.1M, and assets of $2.2M (revenue +36.9% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.5M, and assets of $2.8M (revenue -7.3% year-over-year).
- 2017: Revenue of $5.9M, expenses of $5.8M, and assets of $3.7M (revenue +44.6% year-over-year).
- 2016: Revenue of $4.0M, expenses of $4.2M, and assets of $2.4M (revenue -2.8% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.0M, and assets of $2.5M (revenue +19.1% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.5M, and assets of $2.1M (revenue +27.0% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.9M, and assets of $295K (revenue +148.4% year-over-year).
- 2012: Revenue of $1.1M, expenses of $952K, and assets of $400K (revenue +53.6% year-over-year).
- 2011: Revenue of $721K, expenses of $701K, and assets of $240K (revenue +56.6% year-over-year).
- 2010: Revenue of $460K, expenses of $286K, and assets of $219K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marys Meals Usa Inc:
Data Sources and Methodology
This transparency report for Marys Meals Usa 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.