M-5 Inc
- Assets
- $1.3m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 37
- Location
- Phoenixville, PA
- Founding
- 09/1983
- Data as of
- 06/2022
- EIN
- 23-1919508
Organization Overview
M-5 Inc is located in Phoenixville, PA. The organization was established in 1983. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2022, M-5 Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M-5 Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, M-5 Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMMUNITY LIVING ARRANGEMENTS FOR MH/MR PERSONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
M-5, INC OPERATES COMMUNITY LIVING ARRANGEMENTS FOR MENTALHEALTH AND INTELLECTUALLY DISABLED ADULTS IN CHESTER COUNTY, PAWITH FUNDS PROVIDED BY CHESTER COUNTY, STATE OF PA AND THEFEDERAL GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Meshon President | Trustee | 1 | $0 |
Karen Sacks Secretary/treasurer | Trustee | 1 | $0 |
Marie Sedlak Member | Trustee | 1 | $0 |
Linda Parent Member | Trustee | 1 | $0 |
Sally Fellmeth Member | Trustee | 1 | $0 |
Renee Rody Vice President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,967,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,834 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,668,009 |
| Pension plan accruals and contributions | $150,000 |
| Other employee benefits | $176,239 |
| Payroll taxes | $131,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,859 |
| Advertising and promotion | $11,532 |
| Office expenses | $29,309 |
| Information technology | $619 |
| Royalties | $0 |
| Occupancy | $120,760 |
| Travel | $79,782 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,247 |
| Insurance | $7,881 |
| All other expenses | $0 |
| Total functional expenses | $2,718,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $988,629 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $222,264 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,245 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,500 |
| Total assets | $1,302,775 |
| Accounts payable and accrued expenses | $23,353 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,353 |
| Net assets without donor restrictions | $1,279,422 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,279,422 |