Corning Meals on Wheels Inc (EIN 160912403) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

Katrina Manning

Phone

6079627985

Tax Period

2025-01-01 to 2025-12-31

Corning Meals on Wheels Inc, founded in 1966, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $627K in total revenue in fiscal year 2025. The organization ran a surplus of $133K, a strong 21% operating margin.

Mission

To provide nutritious meals for homebound individuals who are ill, elderly.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $407,035

Program Service Revenue $91,132

Investment Income $113,018

Other Revenue $16,263

TOTAL REVENUE $627,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $260,950

Fundraising Expenses $0

Program Expenses $417,036

Other Expenses $233,486

TOTAL EXPENSES $494,436

Year-over-Year Comparison

	2025	2024	Change
Revenue	$627,448	$647,848	0.0%
Expenses	$494,436	$458,720	+0.1%
Net Income	$133,012	$189,128	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$20,182

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ronald J Klokus	President	2.00	Officer Director	$0	$0	$0
W Robert Ohl	Vice President	2.00	Officer Director	$0	$0	$0
Clara Bright	Secretary	2.00	Officer Director	$0	$0	$0
Katherine Funk	Treasurer	2.00	Officer Director	$0	$0	$0
Rev Ian Adkins	Board Member	1.00	Director	$0	$0	$0
Tom Bell	Board Member	1.00	Director	$0	$0	$0
Joanne Herman	Board Member	1.00	Director	$0	$0	$0
Raymond Leinen	Board Member	1.00	Director	$0	$0	$0
Maria Strinni Gill	Board Member	1.00	Director	$0	$0	$0
Katrina Manning	Executive Director	40.00	Director	$20,182	$0	$20,182
David Smith	Former Executive Director	40.00		$57,783	$0	$57,783

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$627,448	$494,436	$2,470,918	$133,012
2024	$647,848	$458,720	$2,179,197	$189,128
2023	$575,033	$417,052	$1,916,445	$157,981
2022	$574,218	$395,914	$1,570,359	$178,304
2021	$667,301	$373,235	$1,684,810	$294,066
2020	$578,972	$364,016	$1,390,087	$214,956
2019	$446,974	$323,921	$1,060,231	$123,053
2018	$296,927	$314,286	$828,517	$-17,359

Corning Meals on Wheels Inc