Meals On Wheels Of Staten Island Inc
Meals On Wheels Of Staten Island Inc consistently grows assets and operates with no reported officer compensation.
EIN: 132894978 · Staten Island, NY · NTEE: K36Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.5M |
| Total Expenses | $5.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $17.1M |
| Transparency Score | 88/100 |
Is Meals On Wheels Of Staten Island Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Meals On Wheels Of Staten Island Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Meals On Wheels Of Staten Island Inc
Meals On Wheels Of Staten Island Inc (EIN: 132894978) is a nonprofit organization based in Staten Island, NY, classified under NTEE code K36Z. The organization reported total revenue of $16.5M and total assets of $18.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meals On Wheels Of Staten Island Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meals On Wheels Of Staten Island Inc is a large nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$507K |
| Total Assets | $17.6M |
| Total Liabilities | $498K |
| Net Assets | $17.1M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 37.5 months |
Financial Health Grade: A
In 2023, Meals On Wheels Of Staten Island Inc reported a surplus of $507K with revenue exceeding expenses, holds 37.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Meals On Wheels Of Staten Island Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | -2.7% | +9.3% |
| 2022 | -27.1% | +26.0% | -3.0% |
| 2021 | +75.3% | +0.2% | +31.9% |
| 2020 | +15.3% | +6.6% | +6.0% |
| 2019 | -23.1% | +3.6% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Meals On Wheels Of Staten Island Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Meals On Wheels Of Staten Island Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $507K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with over $6 million in annual revenue and $17 million in assets.
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 Meals On Wheels Of Staten Island Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Meals On Wheels Of Staten Island Inc:
- Consistent growth in net assets, increasing from $6.8 million in 2014 to $17.6 million in 2023, indicating strong financial management and sustainability.
- Regularly operates with a surplus, as seen in 2023 (Revenue $6.1M, Expenses $5.6M), allowing for asset accumulation and financial stability.
- Low liabilities relative to assets, with liabilities at $497,692 against assets of $17,623,626 in 2023, indicating a healthy balance sheet.
- Strong revenue generation, consistently above $4 million annually, supporting their mission.
Frequently Asked Questions about Meals On Wheels Of Staten Island Inc
Is Meals On Wheels Of Staten Island Inc a legitimate charity?
Meals On Wheels Of Staten Island Inc (EIN: 132894978) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Meals On Wheels Of Staten Island Inc spend its money?
Meals On Wheels Of Staten Island Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Meals On Wheels Of Staten Island Inc tax-deductible?
Meals On Wheels Of Staten Island Inc is registered as a tax-exempt nonprofit (EIN: 132894978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Meals On Wheels Of Staten Island Inc CEO make?
Meals On Wheels Of Staten Island Inc's highest-compensated officer earns $6 annually. The organization reported $16.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Meals On Wheels Of Staten Island Inc's spending goes to programs?
Meals On Wheels Of Staten Island Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Meals On Wheels Of Staten Island Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Meals On Wheels Of Staten Island Inc is above average for NTEE category K36Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Meals On Wheels Of Staten Island Inc located?
Meals On Wheels Of Staten Island Inc is headquartered in Staten Island, New York and files with the IRS under EIN 132894978. It is classified under NTEE code K36Z.
How many years of IRS 990 filings does Meals On Wheels Of Staten Island Inc have?
Meals On Wheels Of Staten Island Inc has 13 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 $16.5M in total revenue.
How does Meals On Wheels Of Staten Island Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It could indicate that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized differently on the IRS Form 990, such as under general salaries and wages rather than 'Officer Comp'.
What is the organization's long-term strategy for asset utilization?
With assets growing from $6.8 million in 2014 to $17.6 million in 2023, the organization has significantly increased its financial reserves. Understanding how these assets are being utilized or planned for future program expansion, endowment, or operational stability would provide insight into their long-term financial strategy.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the overall expenses are provided, a detailed functional expense breakdown (e.g., Part IX of Form 990) would be necessary to precisely determine the percentage of funds directly allocated to programs versus administrative overhead and fundraising efforts, which is crucial for assessing spending efficiency.
Filing History
IRS 990 filing history for Meals On Wheels Of Staten Island Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Meals On Wheels Of Staten Island Inc's revenue has grown by 143.8%, moving from $2.5M to $6.1M. Total assets increased by 186.3% over the same period, from $6.2M to $17.6M. Total functional expenses rose by 125.5%, from $2.5M to $5.6M. In its most recent filing year (2023), Meals On Wheels Of Staten Island Inc reported a surplus of $507K, with revenue exceeding expenses. The organization holds $498K in liabilities against $17.6M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $17.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $5.6M | $17.6M | $498K | — | View 990 |
| 2022 | $6.2M | $5.8M | $16.1M | $384K | — | View 990 |
| 2021 | $8.6M | $4.6M | $16.6M | $868K | — | View 990 |
| 2020 | $4.9M | $4.6M | $12.6M | $786K | — | View 990 |
| 2019 | $4.2M | $4.3M | $11.9M | $264K | — | View 990 |
| 2018 | $5.5M | $4.2M | $11.9M | $189K | — | View 990 |
| 2017 | $5.3M | $3.9M | $10.3M | $175K | — | View 990 |
| 2016 | $3.9M | $4.0M | $8.8M | $164K | — | View 990 |
| 2015 | $6.7M | $4.0M | $8.9M | $159K | — | View 990 |
| 2014 | $3.8M | $3.6M | $6.9M | $247K | — | View 990 |
| 2013 | $3.1M | $3.3M | $6.3M | $149K | — | View 990 |
| 2012 | $2.6M | $2.7M | $6.4M | $119K | — | View 990 |
| 2011 | $2.5M | $2.5M | $6.2M | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $5.6M, and assets of $17.6M (revenue -1.3% year-over-year).
- 2022: Revenue of $6.2M, expenses of $5.8M, and assets of $16.1M (revenue -27.1% year-over-year).
- 2021: Revenue of $8.6M, expenses of $4.6M, and assets of $16.6M (revenue +75.3% year-over-year).
- 2020: Revenue of $4.9M, expenses of $4.6M, and assets of $12.6M (revenue +15.3% year-over-year).
- 2019: Revenue of $4.2M, expenses of $4.3M, and assets of $11.9M (revenue -23.1% year-over-year).
- 2018: Revenue of $5.5M, expenses of $4.2M, and assets of $11.9M (revenue +3.7% year-over-year).
- 2017: Revenue of $5.3M, expenses of $3.9M, and assets of $10.3M (revenue +34.6% year-over-year).
- 2016: Revenue of $3.9M, expenses of $4.0M, and assets of $8.8M (revenue -41.0% year-over-year).
- 2015: Revenue of $6.7M, expenses of $4.0M, and assets of $8.9M (revenue +77.3% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.6M, and assets of $6.9M (revenue +20.7% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.3M, and assets of $6.3M (revenue +19.2% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.7M, and assets of $6.4M (revenue +4.1% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.5M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meals On Wheels Of Staten Island Inc:
Data Sources and Methodology
This transparency report for Meals On Wheels Of Staten Island 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.