Meadowhill Fund Inc

Meadowhill Fund Inc. faces declining assets due to consistent operating deficits.

EIN: 136140942 · Charlotte, VT · Updated: 2026-03-28

$45KRevenue

$283KAssets

45/100Mission Score (Fair)

About Meadowhill Fund Inc

Meadowhill Fund Inc (EIN: 136140942) is a nonprofit organization based in Charlotte, VT. The organization reported total revenue of $45K and total assets of $283K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meadowhill Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Meadowhill Fund Inc. appears to be a small, private foundation based on its consistent low revenue and expense figures, and the absence of officer compensation. The organization's financial health shows a concerning trend of expenses frequently exceeding revenue, as seen in 2023 where expenses were $84,979 against revenue of $43,713, and in 2022 with $36,969 in expenses versus $15,458 in revenue. This consistent deficit spending has led to a significant decline in assets over the past decade, from $670,942 in 2011 to $307,795 in 2023.

While the lack of officer compensation indicates good stewardship in that area, the overall financial sustainability is questionable given the persistent operating losses. Without detailed expense breakdowns (program, administrative, fundraising), it's difficult to assess spending efficiency accurately. However, the declining asset base suggests that the organization is drawing down its principal to cover operations, which is not sustainable long-term. The organization's transparency is moderate, as it files its 990s, but the lack of detailed NTEE code or program descriptions makes it hard to fully understand its mission and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Meadowhill Fund Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Meadowhill Fund Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization operates without paid officers or that compensation is minimal and not reported in this category, which is positive for a small organization.

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 Meadowhill Fund Inc's IRS 990 filings:

Consistent operating deficits (expenses frequently exceed revenue, e.g., $84,979 expenses vs. $43,713 revenue in 2023).
Significant decline in assets over time (from $670,942 in 2011 to $307,795 in 2023).
Lack of detailed NTEE code or program information, making it difficult to assess programmatic impact.

Strengths

The following positive indicators were identified for Meadowhill Fund Inc:

No reported officer compensation, indicating efficient use of funds in this area.
Consistent filing of IRS Form 990s, demonstrating a level of transparency.

Frequently Asked Questions about Meadowhill Fund Inc

Is Meadowhill Fund Inc. financially sustainable?

Based on the consistent trend of expenses exceeding revenue (e.g., $84,979 expenses vs. $43,713 revenue in 2023), and the significant decline in assets from $670,942 in 2011 to $307,795 in 2023, the organization's current financial model does not appear sustainable in the long term without a significant increase in revenue or reduction in expenses.

What is the primary purpose of Meadowhill Fund Inc.?

The NTEE code is unknown, and without further information from the 990 filings or external sources, the specific mission and primary purpose of Meadowhill Fund Inc. cannot be determined from the provided data.

How has the organization's asset base changed over time?

The organization's assets have significantly decreased over the past decade, from $670,942 in 2011 to $307,795 in 2023, indicating a substantial draw-down of its financial reserves.

Filing History

IRS 990 filing history for Meadowhill Fund Inc showing financial trends over 10 years of public records:

Total assets decreased by 54.1% over the same period, from $671K to $308K. Total functional expenses rose by 59%, from $53K to $85K. In its most recent filing year (2023), Meadowhill Fund Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $1 in liabilities against $308K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $308K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$44K	$85K	$308K	$1	—	—
2022	$15K	$37K	$349K	$1	—	View 990
2021	$78K	$57K	$371K	$1	—	View 990
2020	$14K	$43K	$349K	$1	—	View 990
2019	$11K	$72K	$378K	$1	—	View 990
2015	$18K	$37K	$495K	$0	—	View 990
2014	$15K	$102K	$514K	$0	—	View 990
2013	$30K	$74K	$601K	$0	—	View 990
2012	$30K	$55K	$646K	$0	—	View 990
2011	$-32,205	$53K	$671K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $44K, expenses of $85K, and assets of $308K (revenue +182.8% year-over-year).
2022: Revenue of $15K, expenses of $37K, and assets of $349K (revenue -80.2% year-over-year).
2021: Revenue of $78K, expenses of $57K, and assets of $371K (revenue +460.0% year-over-year).
2020: Revenue of $14K, expenses of $43K, and assets of $349K (revenue +28.0% year-over-year).
2019: Revenue of $11K, expenses of $72K, and assets of $378K (revenue -38.5% year-over-year).
2015: Revenue of $18K, expenses of $37K, and assets of $495K (revenue +21.2% year-over-year).
2014: Revenue of $15K, expenses of $102K, and assets of $514K (revenue -50.5% year-over-year).
2013: Revenue of $30K, expenses of $74K, and assets of $601K (revenue -0.9% year-over-year).
2012: Revenue of $30K, expenses of $55K, and assets of $646K.
2011: Revenue of $-32,205, expenses of $53K, and assets of $671K.

Data Sources and Methodology

This transparency report for Meadowhill Fund 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.