Meals From The Heart
EIN: 742634211 · Oak Park Hts, MN
| Metric | Value |
|---|---|
| Total Revenue | $742K |
| Total Expenses | $591K |
| Net Assets | $341K |
Is Meals From The Heart Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Meals From The Heart
Meals From The Heart (EIN: 742634211) is a nonprofit organization based in Oak Park Hts, MN. The organization reported total revenue of $742K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meals From The Heart's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meals From The Heart is a small nonprofit that has been operating for 33 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 18.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $654K |
| Total Expenses | $591K |
| Surplus / Deficit | +$63K |
| Total Assets | $536K |
| Total Liabilities | $194K |
| Net Assets | $341K |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 36.3% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2023, Meals From The Heart reported a surplus of $63K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.3% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Meals From The Heart's revenue has grown at a compound annual growth rate (CAGR) of 18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.6% | +42.8% | +12.0% |
| 2022 | +0.5% | -7.9% | +12.3% |
| 2021 | +52.1% | +44.2% | +7.7% |
| 2020 | -44.0% | -41.1% | +106.7% |
| 2019 | -1.9% | -16.6% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Meals From The Heart 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 Meals From The Heart 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 $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.3%.
Frequently Asked Questions about Meals From The Heart
Is Meals From The Heart a legitimate charity?
Meals From The Heart (EIN: 742634211) is a registered tax-exempt nonprofit based in Minnesota. It has 11 years of IRS 990 filings on record. Total revenue: $742K. No red flags identified. Financial health grade: A.
How does Meals From The Heart spend its money?
Meals From The Heart reported $742K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Meals From The Heart tax-deductible?
Meals From The Heart is registered as a tax-exempt nonprofit (EIN: 742634211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Meals From The Heart located?
Meals From The Heart is headquartered in Oak Park Hts, Minnesota and files with the IRS under EIN 742634211.
How many years of IRS 990 filings does Meals From The Heart have?
Meals From The Heart 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 $742K in total revenue.
Filing History
IRS 990 filing history for Meals From The Heart showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Meals From The Heart's revenue has grown by 458.8%, moving from $117K to $654K. Total assets increased by 647.3% over the same period, from $72K to $536K. Total functional expenses rose by 793.8%, from $66K to $591K. In its most recent filing year (2023), Meals From The Heart reported a surplus of $63K, with revenue exceeding expenses. The organization holds $194K in liabilities against $536K in assets (debt-to-asset ratio: 36.3%), resulting in net assets of $341K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $654K | $591K | $536K | $194K | — | — |
| 2022 | $462K | $414K | $478K | $199K | — | View 990 |
| 2021 | $460K | $449K | $426K | $193K | — | — |
| 2020 | $302K | $312K | $395K | $224K | — | View 990 |
| 2019 | $540K | $529K | $191K | $10K | — | View 990 |
| 2018 | $550K | $634K | $187K | $18K | — | View 990 |
| 2017 | $638K | $624K | $259K | $6K | — | View 990 |
| 2016 | $454K | $450K | $240K | $215 | — | View 990 |
| 2015 | $498K | $342K | $236K | $0 | — | View 990 |
| 2014 | $426K | $418K | $80K | $0 | — | View 990 |
| 2013 | $117K | $66K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $654K, expenses of $591K, and assets of $536K (revenue +41.6% year-over-year).
- 2022: Revenue of $462K, expenses of $414K, and assets of $478K (revenue +0.5% year-over-year).
- 2021: Revenue of $460K, expenses of $449K, and assets of $426K (revenue +52.1% year-over-year).
- 2020: Revenue of $302K, expenses of $312K, and assets of $395K (revenue -44.0% year-over-year).
- 2019: Revenue of $540K, expenses of $529K, and assets of $191K (revenue -1.9% year-over-year).
- 2018: Revenue of $550K, expenses of $634K, and assets of $187K (revenue -13.7% year-over-year).
- 2017: Revenue of $638K, expenses of $624K, and assets of $259K (revenue +40.4% year-over-year).
- 2016: Revenue of $454K, expenses of $450K, and assets of $240K (revenue -8.8% year-over-year).
- 2015: Revenue of $498K, expenses of $342K, and assets of $236K (revenue +17.0% year-over-year).
- 2014: Revenue of $426K, expenses of $418K, and assets of $80K (revenue +263.9% year-over-year).
- 2013: Revenue of $117K, expenses of $66K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meals From The Heart:
Data Sources and Methodology
This transparency report for Meals From The Heart 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.