Meantime Inc

Nonprofit profile at a glance

EIN
991974847
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Philadelphia, PA, USA
Phone
6178726002
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$169,490
Expenses
$41,013
Assets
$150,606
Liabilities
$17,824

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • BRIAN PHILLIPS (Director)
  • DEB KATZ (Director)
  • GEORGE GRAFFY (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Meantime believes that every vacant street-facing commercial space in urban communities is a missed opportunity for creativity, entrepreneurship and the building of local wealth and well-being. Working between the real estate industry, city government, building owners and neighborhood stakeholders, we aim to activate spaces that facilitate connections, test ideas, reach new audiences and support local economies.

What it reported doing in 2025

In partnership with the Philadelphia Commerce Department, Meantime hosted an 8-week long pilot program that tested pop-up programming including a clothing store, a co-op shop, an art installation, a coffee bar, a film screening, and musical performances. Over 20 entrepreneurs and artists had the opportunity to test out a brick and a brick and mortar location with more than 1,500 visitors to the space.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% 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 program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 82
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.2%; rating input score 24
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 75.8%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 3.67; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 52.1% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 142.7% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 187.1% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 24.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $41K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.