Mobile Meals Inc Foundation of Northeast Ohio

Nonprofit profile at a glance

EIN
341460222
IRS 990 coverage
2009–2015
Forms available
Form 990 2015
Location
Akron, OH, USA
Phone
3305728050
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Meals on Wheels

Reported finances

Revenue
$89,036
Expenses
$146,357
Assets
$2,440,677
Liabilities
$12,127

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • THOMAS R CROOKES (BOARD MEMBER)
  • DOUGLAS MATHEY (CHAIRMAN)
  • JOHN FRIEND (BOARD MEMBER)

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

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation was established to support and further the benefits being provided by mobile meals, inc. And family & community services, inc., related 501(c)(3) organizations. The foundation's activities include investing liquid assets and providing a building in which the related organization conducts its programs and furthers its exempt purposes.

What it reported doing in 2015

Direct support and absorption of a portion of rental expenses for building rented to mobile meals, inc. & family & community services, inc., two exempt organizations.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Affiliate network. The nonprofit sent 100% of its reported program spending through affiliated organizations.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 90
  • Accountability: 94
  • Sustainability: 46
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.6%; rating input score 37
  • Program expense ratio: 56%; rating input score 56
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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; 64th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -64.4%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 16.68; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: -94.3% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -17% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: -1% per year; rating input score 0; 45th percentile among comparable filings

Details

  • Where the money goes: 36.6% of revenue deployed · 56% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $82K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2009 to 2015
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 24/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.