Meelia Family Foundation
Meelia Family Foundation shows volatile revenue but consistent minimal liabilities and no officer compensation.
EIN: 207198269 · Lynnfield, MA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $466K |
| Program Spending | 90% |
| Net Assets | $5.1M |
| Transparency Score | 75/100 |
Is Meelia Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Meelia Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Meelia Family Foundation
Meelia Family Foundation (EIN: 207198269) is a nonprofit organization based in Lynnfield, MA, classified under NTEE code T22. The organization reported total revenue of $6.1M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meelia Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meelia Family Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -305.0% | +12.2% | -15.1% |
| 2022 | -78.0% | -38.2% | -3.2% |
| 2021 | +164.3% | -10.1% | +5.1% |
| 2020 | +29.5% | +15.5% | -6.0% |
| 2019 | +1413.5% | -35.3% | -32.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Meelia Family Foundation with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Meelia Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated through other means not categorized as officer compensation, which is a positive for resource allocation.
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 Meelia Family Foundation's IRS 990 filings:
- Significant negative revenue reported in 2023 (-$442,665), which could indicate substantial investment losses or unusual accounting adjustments.
- Lack of detailed expense breakdown (program vs. admin) in the provided summary makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Meelia Family Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Extremely low liabilities ($1 across all reported periods), demonstrating strong financial solvency and minimal debt.
- Consistent filing of IRS 990 forms over a decade, indicating good compliance and transparency in reporting.
Frequently Asked Questions about Meelia Family Foundation
Is Meelia Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Meelia Family Foundation (EIN: 207198269) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Meelia Family Foundation spend its money?
Meelia Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Meelia Family Foundation tax-deductible?
Meelia Family Foundation is registered as a tax-exempt nonprofit (EIN: 207198269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Meelia Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Meelia Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Meelia Family Foundation located?
Meelia Family Foundation is headquartered in Lynnfield, Massachusetts and files with the IRS under EIN 207198269. It is classified under NTEE code T22.
How many years of IRS 990 filings does Meelia Family Foundation have?
Meelia Family Foundation has 10 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 $6.1M in total revenue.
What is the primary purpose of the Meelia Family Foundation's expenses?
As a private foundation, the vast majority of its expenses are likely grants and contributions made to other organizations or individuals in line with its charitable mission, though specific program details are not provided in this summary.
Why is the revenue so volatile year-to-year?
Revenue volatility, such as the negative revenue in 2023 (-$442,665) and high revenue years like 2014 ($9,932,459), is common for private foundations whose income often depends on investment returns, market fluctuations, or large, infrequent donations from family members or related entities.
How does the foundation manage its assets given the fluctuations?
The foundation's assets have fluctuated significantly, from over $10 million in 2014 to around $5 million in 2023. This suggests active investment management and grantmaking activities that draw down assets, which is typical for a foundation fulfilling its distribution requirements.
Filing History
IRS 990 filing history for Meelia Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Meelia Family Foundation's revenue has declined by 110.9%, moving from $4.1M to $-442,665. Total assets increased by 47.4% over the same period, from $3.5M to $5.1M. Total functional expenses fell by 49.3%, from $920K to $466K. The organization holds $1 in liabilities against $5.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-442,665 | $466K | $5.1M | $1 | — | — |
| 2022 | $216K | $416K | $6.0M | $1 | — | View 990 |
| 2021 | $980K | $673K | $6.2M | $1 | — | View 990 |
| 2020 | $371K | $748K | $5.9M | $1 | — | View 990 |
| 2019 | $286K | $648K | $6.3M | $1 | — | View 990 |
| 2015 | $19K | $1.0M | $9.3M | $1 | — | View 990 |
| 2014 | $9.9M | $616K | $10.4M | $1 | — | View 990 |
| 2013 | $82K | $5.6M | $4.6M | $1 | — | View 990 |
| 2012 | $8.6M | $280K | $10.2M | $1 | — | View 990 |
| 2011 | $4.1M | $920K | $3.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-442,665, expenses of $466K, and assets of $5.1M (revenue -305.0% year-over-year).
- 2022: Revenue of $216K, expenses of $416K, and assets of $6.0M (revenue -78.0% year-over-year).
- 2021: Revenue of $980K, expenses of $673K, and assets of $6.2M (revenue +164.3% year-over-year).
- 2020: Revenue of $371K, expenses of $748K, and assets of $5.9M (revenue +29.5% year-over-year).
- 2019: Revenue of $286K, expenses of $648K, and assets of $6.3M (revenue +1413.5% year-over-year).
- 2015: Revenue of $19K, expenses of $1.0M, and assets of $9.3M (revenue -99.8% year-over-year).
- 2014: Revenue of $9.9M, expenses of $616K, and assets of $10.4M (revenue +12057.1% year-over-year).
- 2013: Revenue of $82K, expenses of $5.6M, and assets of $4.6M (revenue -99.0% year-over-year).
- 2012: Revenue of $8.6M, expenses of $280K, and assets of $10.2M (revenue +111.8% year-over-year).
- 2011: Revenue of $4.1M, expenses of $920K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meelia Family Foundation:
Data Sources and Methodology
This transparency report for Meelia Family Foundation 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.