Meals On Wheels Of The Monterey Peninsula Inc
EIN: 942157521 · Pacific Grove, CA · NTEE: K36Z
Is Meals On Wheels Of The Monterey Peninsula Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Meals On Wheels Of The Monterey Peninsula Inc
Meals On Wheels Of The Monterey Peninsula Inc (EIN: 942157521) is a nonprofit organization based in Pacific Grove, CA, classified under NTEE code K36Z. The organization reported total revenue of $13.9M and total assets of $17.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meals On Wheels Of The Monterey Peninsula Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Meals On Wheels Of The Monterey Peninsula 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 Meals On Wheels Of The Monterey Peninsula 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.
Frequently Asked Questions about Meals On Wheels Of The Monterey Peninsula Inc
Is Meals On Wheels Of The Monterey Peninsula Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meals On Wheels Of The Monterey Peninsula Inc (EIN: 942157521) insufficient data. 0 red flags identified, 0 strengths noted.
How does Meals On Wheels Of The Monterey Peninsula Inc spend its money?
Detailed spending breakdown data is not yet available for Meals On Wheels Of The Monterey Peninsula Inc. Check back for updated IRS 990 analysis.
Are donations to Meals On Wheels Of The Monterey Peninsula Inc tax-deductible?
Meals On Wheels Of The Monterey Peninsula Inc is registered as a tax-exempt nonprofit (EIN: 942157521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Meals On Wheels Of The Monterey Peninsula Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Meals On Wheels Of The Monterey Peninsula Inc's revenue has grown by 171.1%, moving from $1.6M to $4.3M. Total assets increased by 148.6% over the same period, from $6.8M to $17.0M. Total functional expenses rose by 172.8%, from $1.5M to $4.1M. In its most recent filing year (2023), Meals On Wheels Of The Monterey Peninsula Inc reported a surplus of $256K, with revenue exceeding expenses. The organization holds $452K in liabilities against $17.0M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $16.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $4.1M | $17.0M | $452K | — | View 990 |
| 2022 | $6.5M | $3.3M | $16.1M | $394K | — | View 990 |
| 2021 | $3.5M | $2.3M | $14.8M | $420K | — | View 990 |
| 2020 | $3.0M | $2.1M | $12.2M | $326K | — | View 990 |
| 2019 | $2.3M | $1.6M | $11.4M | $162K | — | View 990 |
| 2018 | $2.1M | $1.5M | $11.0M | $139K | — | View 990 |
| 2017 | $2.1M | $1.6M | $10.4M | $144K | — | View 990 |
| 2016 | $1.8M | $1.7M | $9.4M | $128K | — | View 990 |
| 2015 | $2.0M | $1.6M | $9.5M | $108K | — | View 990 |
| 2014 | $1.8M | $1.6M | $9.0M | $98K | — | View 990 |
| 2013 | $2.0M | $1.4M | $8.0M | $102K | — | View 990 |
| 2012 | $1.6M | $1.5M | $7.0M | $86K | — | View 990 |
| 2011 | $1.6M | $1.5M | $6.8M | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $4.1M, and assets of $17.0M (revenue -33.4% year-over-year).
- 2022: Revenue of $6.5M, expenses of $3.3M, and assets of $16.1M (revenue +85.7% year-over-year).
- 2021: Revenue of $3.5M, expenses of $2.3M, and assets of $14.8M (revenue +18.6% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.1M, and assets of $12.2M (revenue +28.0% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.6M, and assets of $11.4M (revenue +8.6% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.5M, and assets of $11.0M (revenue -0.3% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.6M, and assets of $10.4M (revenue +16.1% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $9.4M (revenue -7.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.6M, and assets of $9.5M (revenue +9.7% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.6M, and assets of $9.0M (revenue -11.0% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.4M, and assets of $8.0M (revenue +24.2% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $7.0M (revenue +2.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.5M, and assets of $6.8M.
Data Sources and Methodology
This transparency report for Meals On Wheels Of The Monterey Peninsula 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.