South Minneapolis Meals On Wheels
EIN: 411328066 · Minneapolis, MN · NTEE: K36
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $124K |
| Net Assets | $271K |
Is South Minneapolis Meals On Wheels Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Minneapolis Meals On Wheels
South Minneapolis Meals On Wheels (EIN: 411328066) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code K36. The organization reported total revenue of $200K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Minneapolis Meals On Wheels's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Minneapolis Meals On Wheels is a small nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $124K |
| Surplus / Deficit | +$40K |
| Total Assets | $272K |
| Total Liabilities | $1K |
| Net Assets | $271K |
| Operating Margin | 24.5% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 26.4 months |
Financial Health Grade: A
In 2023, South Minneapolis Meals On Wheels reported a surplus of $40K with revenue exceeding expenses, holds 26.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2008–2023), South Minneapolis Meals On Wheels's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.0% | +17.3% | +17.3% |
| 2022 | -42.1% | -3.0% | +7.5% |
| 2021 | +70.3% | +20.9% | +78.8% |
| 2020 | +34.0% | +14.7% | +37.8% |
| 2019 | -9.1% | +1.7% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Minneapolis Meals On Wheels 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 South Minneapolis Meals On Wheels 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 $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about South Minneapolis Meals On Wheels
Is South Minneapolis Meals On Wheels a legitimate charity?
South Minneapolis Meals On Wheels (EIN: 411328066) is a registered tax-exempt nonprofit based in Minnesota. It has 14 years of IRS 990 filings on record. Total revenue: $200K. No red flags identified. Financial health grade: A.
How does South Minneapolis Meals On Wheels spend its money?
South Minneapolis Meals On Wheels reported $200K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to South Minneapolis Meals On Wheels tax-deductible?
South Minneapolis Meals On Wheels is registered as a tax-exempt nonprofit (EIN: 411328066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Minneapolis Meals On Wheels located?
South Minneapolis Meals On Wheels is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411328066. It is classified under NTEE code K36.
How many years of IRS 990 filings does South Minneapolis Meals On Wheels have?
South Minneapolis Meals On Wheels has 14 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 $200K in total revenue.
Filing History
IRS 990 filing history for South Minneapolis Meals On Wheels showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2008–2023), South Minneapolis Meals On Wheels's revenue has grown by 417.9%, moving from $32K to $164K. Total assets increased by 771.6% over the same period, from $31K to $272K. Total functional expenses rose by 161.8%, from $47K to $124K. In its most recent filing year (2023), South Minneapolis Meals On Wheels reported a surplus of $40K, with revenue exceeding expenses. The organization holds $1K in liabilities against $272K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $124K | $272K | $1K | — | — |
| 2022 | $120K | $106K | $232K | $2K | — | View 990 |
| 2021 | $207K | $109K | $216K | $1K | — | — |
| 2020 | $121K | $90K | $121K | $4K | — | View 990 |
| 2019 | $91K | $79K | $88K | $2K | — | View 990 |
| 2018 | $100K | $77K | $76K | $3K | — | View 990 |
| 2017 | $72K | $65K | $54K | $3K | — | View 990 |
| 2016 | $38K | $27K | $49K | $5K | — | View 990 |
| 2015 | $42K | $32K | $32K | $5K | — | View 990 |
| 2014 | $34K | $26K | $23K | $0 | — | View 990 |
| 2013 | $36K | $25K | $16K | $603 | — | View 990 |
| 2012 | $32K | $25K | $13K | $7K | — | View 990 |
| 2011 | $43K | $27K | $29K | $32K | — | View 990 |
| 2008 | $32K | $47K | $31K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $124K, and assets of $272K (revenue +37.0% year-over-year).
- 2022: Revenue of $120K, expenses of $106K, and assets of $232K (revenue -42.1% year-over-year).
- 2021: Revenue of $207K, expenses of $109K, and assets of $216K (revenue +70.3% year-over-year).
- 2020: Revenue of $121K, expenses of $90K, and assets of $121K (revenue +34.0% year-over-year).
- 2019: Revenue of $91K, expenses of $79K, and assets of $88K (revenue -9.1% year-over-year).
- 2018: Revenue of $100K, expenses of $77K, and assets of $76K (revenue +37.7% year-over-year).
- 2017: Revenue of $72K, expenses of $65K, and assets of $54K (revenue +91.0% year-over-year).
- 2016: Revenue of $38K, expenses of $27K, and assets of $49K (revenue -9.7% year-over-year).
- 2015: Revenue of $42K, expenses of $32K, and assets of $32K (revenue +24.5% year-over-year).
- 2014: Revenue of $34K, expenses of $26K, and assets of $23K (revenue -5.2% year-over-year).
- 2013: Revenue of $36K, expenses of $25K, and assets of $16K (revenue +12.1% year-over-year).
- 2012: Revenue of $32K, expenses of $25K, and assets of $13K (revenue -26.4% year-over-year).
- 2011: Revenue of $43K, expenses of $27K, and assets of $29K (revenue +36.1% year-over-year).
- 2008: Revenue of $32K, expenses of $47K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Minneapolis Meals On Wheels:
Data Sources and Methodology
This transparency report for South Minneapolis Meals On Wheels 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.