BLOOMINGTON-EDEN PRAIRIE MEALS ON WHEELS (EIN 410965825) - 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

1969

Legal Domicile

Principal Officer

Wendy Vossen

Phone

9528351665

Tax Period

2023-01-01 to 2023-12-31

BLOOMINGTON-EDEN PRAIRIE MEALS ON WHEELS, founded in 1969, is a small nonprofit that reported $339K in total revenue in fiscal year 2023. Expenses of $322K left a modest 5% surplus.

Mission

To provide balanced and nutritious meals to persons who reside in Bloomington or Eden Prairie who are unable to prepare meals for themselves.

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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 (2023)

Revenue Breakdown

Contributions & Grants $85,044

Program Service Revenue $254,152

Investment Income $156

Other Revenue $0

TOTAL REVENUE $339,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,523

Fundraising Expenses $14,614

Program Expenses $286,833

Other Expenses $203,660

TOTAL EXPENSES $322,183

Year-over-Year Comparison

	2023	2022	Change
Revenue	$339,352	$316,065	+0.1%
Expenses	$322,183	$289,195	+0.1%
Net Income	$17,169	$26,870	-0.4%

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

675

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terry Mackin	Chair	3	Officer Director	$0	$0	$0
Patricia Ranch	Vice Chair	2	Officer Director	$0	$0	$0
Sue Oechsner	Treasurer	0.5	Officer Director	$0	$0	$0
Alex Gonzalez	Director	0.5	Director	$0	$0	$0
Scott Myklebust	Director	0.5	Director	$0	$0	$0
Michael Barg	Secretary	1	Officer Director	$0	$0	$0
Tom Russett	Director	2	Director	$0	$0	$0
John Goergen	Director	0.5	Director	$0	$0	$0
Pat Meyer	Director	0.5	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$339,352	$322,183	$399,089	$17,169
2022	$316,065	$289,195	$403,593	$26,870
2021	$400,558	$293,788	$367,828	$106,770
2020	$349,407	$278,839	$254,646	$70,568

BLOOMINGTON-EDEN PRAIRIE MEALS ON WHEELS