Meaningful Minute Inc
Nonprofit profile at a glance
- EIN
- 822754970
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-N 2017
- Location
- Lawrence, NY, USA
- Phone
- 5166883725
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Judaism
- Affiliation
- Judaism
Reported finances
- Revenue
- $1,460,594
- Expenses
- $1,222,879
- Assets
- $1,445,532
- Liabilities
- $27,969
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Highest reported compensation
- MENACHEM GORDON (DIRECTOR): $118,833 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide via social media educational, informative and motovational speaches to a wide range of listeners
What it reported doing in 2024
Provided via social media educational, informative and motovational speaches to a wide range of listeners
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.5%; rating input score 62
- Program expense ratio: 73.6%; rating input score 74
- Fundraising efficiency: $9.79 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.3%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 1.18; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 63; 63rd percentile among comparable filings
- Officer compensation ratio: 9.7%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 33.4% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 23% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 25.6% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 62.5% of revenue deployed · 73.6% of spending went to programs
- Governance: 2 of 2 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $900K in reported program spending
- Leadership: top reported pay $119K · 3 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 6 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.