Beloit Meals-On-Wheels Inc
- Assets
- $775.9k
- Revenue
- $471.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Beloit, WI
- Founding
- 12/2003
- Data as of
- 12/2021
- EIN
- 39-1375390
Organization Overview
Beloit Meals-On-Wheels Inc is located in Beloit, WI. The organization was established in 2003. According to its NTEE Classification (K36) the organization is classified as: Meals on Wheels, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Beloit Meals-On-Wheels Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beloit Meals-On-Wheels 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 12/2021, Beloit Meals-On-Wheels Inc generated $471.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $372.3k during the year ending 12/2021. While expenses have increased by 2.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BELOIT MEALS ON WHEELS SEEKS TO NOURISH AND ENRICH THE LIVES OF HOMEBOUND SENIORS TO PROMOTE DIGNITY AND INDEPENDENT LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE NUTRITIOUS MEALS TO ELDERLY AND DISABLED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Wiegand Executive Director | Officer | 40 | $70,453 |
Amy Lorantz Co-Treasurer | OfficerTrustee | 1 | $0 |
Chuck Wilson President | OfficerTrustee | 1 | $0 |
Beth Quinn Co-Treasurer | OfficerTrustee | 2 | $0 |
Marilyn Thomas Secretary | OfficerTrustee | 0 | $0 |
Ed Hansen Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $150,525 |
| Membership dues | $0 |
| Fundraising events | $50,327 |
| Related organizations | $0 |
| Government grants | $57,506 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,269 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,627 |
| Total Program Service Revenue | $96,805 |
| Investment income | $21,041 |
| 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 | $471,497 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $70,453 |
| Compensation of current officers, directors, key employees. | $4,673 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,434 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,451 |
| Payroll taxes | $9,240 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,343 |
| Office expenses | $7,221 |
| Information technology | $3,462 |
| Royalties | $0 |
| Occupancy | $16,140 |
| Travel | $739 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $225 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,442 |
| Insurance | $3,643 |
| All other expenses | $0 |
| Total functional expenses | $372,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $288,264 |
| Savings and temporary cash investments | $5,754 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70,431 |
| 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 | $28,124 |
| Net Land, buildings, and equipment | $34,214 |
| Investments—publicly traded securities | $349,108 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $775,895 |
| Accounts payable and accrued expenses | $53,495 |
| 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 | $53,495 |
| Net assets without donor restrictions | $632,487 |
| Net assets with donor restrictions | $89,913 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $775,895 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Beloit Meals-On-Wheels Inc has recieved totaling $126,558.
| Awarding Organization | Amount |
|---|---|
United Way Blackhawk Region Inc Janesville, WI PURPOSE: GENERAL SUPPORT | $74,996 |
The Stateline Community Foundation Inc Beloit, WI PURPOSE: FOUNDATION GRANTS | $51,250 |
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $230 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $82 |
Endowment Analysis
| Beg. Balance | $95,960 |
| Ending Balance | $95,960 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northeastern Illinois Area Agency On Aging Lombard, IL | $7,235,725 | $24,008,735 |
Metro Meals On Wheels Inc Minneapolis, MN | $2,412,545 | $7,433,513 |
Ypsilanti Meals On Wheels Ypsilanti, MI | $2,994,854 | $1,839,246 |
Meals On Wheels Foundation Of Northern Illinois North Riverside, IL | $3,503,233 | $2,687,877 |
Chicago Fund On Aging And Disability Chicago, IL | $1,939,314 | $1,439,424 |
Oakland Meals On Wheels Troy, MI | $215,102 | $1,260,527 |
Copper Country Senior Meals Inc Hancock, MI | $73,353 | $862,702 |
Senior Services Consortium Of Ramsey County St Paul, MN | $292,873 | $492,836 |
Eastside Meals On Wheels Inc Minneapolis, MN | $389,934 | $507,710 |
Beloit Meals-On-Wheels Inc Beloit, WI | $775,895 | $471,497 |
Meals On Wheels Of Stevens Point Inc Stevens Point, WI | $662,369 | $390,653 |
Bloomington-Eden Prairie Meals On Wheels Bloomington, MN | $367,828 | $400,558 |