Torrance-Lomita Meals On Wheels Inc
- Assets
- $381.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrance, CA
- Founding
- 10/1977
- Data as of
- 12/2022
- EIN
- 95-2886609
Organization Overview
Torrance-Lomita Meals On Wheels Inc is located in Torrance, CA. The organization was established in 1977. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torrance-Lomita 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 12/2022, Torrance-Lomita Meals On Wheels Inc generated $183.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $200.1k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DELIVERED 24,357 MEALS IN 2022
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Jenkins President | 5 | $0 | |
Jerry Steele Vice-President | 5 | $0 | |
Carolyn Pohler Secretary | 5 | $0 | |
Elizabeth Dodge Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,072 |
| Total Program Service Revenue | $87,709 |
| Membership dues | $0 |
| Investment income | $1,262 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,043 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,430 |
| Professional fees and other payments to independent contractors | $113,313 |
| Occupancy, rent, utilities, and maintenance | $4,377 |
| Printing, publications, postage, and shipping | $17,852 |
| Other expenses | $3,081 |
| Total expenses | $200,053 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $381,193 |
| Other assets | $0 |
| Total assets | $381,193 |
| Total liabilities | $3,499 |
| Net assets or fund balances | $377,694 |