MEANINGFUL MINUTE INC

EIN: 822754970 501(c)(3) Religion

LAWRENCE, NY

Total Revenue
$1,130,484
Total Expenses
$922,493
Total Assets
$1,193,588
Net Assets
$1,179,848
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
MENACHEM GORDON
Phone
5166883725
Tax Period
2023-01-01 to 2023-12-31

MEANINGFUL MINUTE INC, founded in 2017, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $208K, a strong 18% operating margin.

Mission

TO PROVIDE VIA SOCIAL MEDIA EDUCATIONAL, INFORMATIVE AND MOTOVATIONAL SPEACHES TO A WIDE RANGE OF LISTENERS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,127,891
Program Service Revenue $600
Investment Income $1,993
Other Revenue $0
TOTAL REVENUE $1,130,484

Expense Breakdown

Grants Paid $13,500
Salaries & Benefits $236,183
Fundraising Expenses $94,967
Program Expenses $726,409
Other Expenses $672,810
TOTAL EXPENSES $922,493

Year-over-Year Comparison

2023 2022 Change
Revenue $1,130,484 $995,231 +0.1%
Expenses $922,493 $917,432 +0.0%
Net Income $207,991 $77,799 +1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
5
Volunteers
10

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
1
$100,000
Total Directors
3
$100,000
Key Employees
1
$100,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MENACHEM GORDON DIRECTOR 40.00
Officer Director Key Emp
$100,000 $0 $100,000
AARON ZLOTOWITZ DIRECTOR 0.00
Director
$0 $0 $0
YESHAYA KAMINETZKY DIRECTOR 0.00
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 $1,130,484 $922,493 $1,193,588 $207,991
2022 $995,231 $917,432 $975,948 $77,799
2021 $845,483 $600,244 $909,016 $245,239
2020 $633,527 $359,420 $671,015 $274,107
2019 $511,789 $312,936 $369,645 $198,853
2018 $223,665 $65,230 $174,842 $158,435
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