Moveable Feast Lexington INC EIN 31-1604759 Form 990 (PDF) Claim this org

Moveable Feast Lexington INC FY2023 filing

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Delivers free, hot, nutritious meals to people with AIDS, hospice patients, and their caregivers. For fiscal year 2023 it reported $283K in revenue, $331K in expenses, and $225K in net assets.Pt I

Type
Public charity (501(c)(3)) · Hospitals
Location
Lexington, KY
Website
www.feastlex.org
Filings
5 on file (2020–2023)
Revenue
$283KFY2023
Expenses
$331K
Net assets
$225K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  31-1604759 Public charity (501(c)(3)) Lexington, KY
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Delivers free, hot, nutritious meals to people with AIDS, hospice patients, and their caregivers.
Leadership
Terry Mullins · Executive Di · $45K
Money in and out
$283K revenue, $331K expenses
Bottom line
95% program efficiency
Where the money goes · FY2023
Total revenue
$283K
Pt VIII · Ln 12
Total expenses
$331K
Pt IX · Ln 25
Net assets
$225K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$49K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.03 Fundraising $0.02
Program efficiency
95%
of spending reaches programs
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$283K
FY2023▼ -9%
Expenses
$331K
FY2023▲ +17%
Total assets
$328K
FY2023▼ -15%
Total liabilities
$104K
FY2023▼ -8%
Total revenue
$283K
Pt VIII · Ln 12
Total expenses
$331K
Pt IX · Ln 25
Net assets
$225K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$49K
Total assetsPt X · Ln 16$328K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMoveable Feast Lexington INC
EINHdr · item D31-1604759
Principal addressHdr · item CLexington, KY
WebsiteHdr · item Jwww.feastlex.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHospitals (E20)
Ruling yearIRS BMFJul 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$45,151Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Terry Mullins’s $50K as Director is at the 36th percentile of top reported officer pay among 1979 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Terry Mullins$50,428$45,151$44,225$39,733$35,732

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $314K of program spending, described in the organization's own filed words · FY2023.
01

The organization's mission is to deliver hot, nutritious meals, free of charge, to lexington, kentucky residents living with aids or an hiv- related illness, those in hospice care and to their caregivers and dependents.

$314Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$239K · 85%
Other revenue$41K · 15%
Investment income$2K · 1%
Contributions & grants85%$239K
Other revenue15%$41K
Investment income1%$2K
— government grantsLn 1e$138K
Total revenueLn 12$283K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.03 Fundraising $0.02
Program services95%$314K
Management & general3%$10K
Fundraising2%$8K
Total functional expensesLn 25$331K

Balance Sheet

Part X · end of year
CashLn 1$159K
Total assetsLn 16$328K
Total liabilitiesLn 26$104K
Total net assetsLn 32$225K
Months of cash on handcomputed5.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $159K · Operating expenses (Pt IX) $331K · Less non-cash grants $529 · Cash operating expenses/yr $331K
5.8 months
Where the money goes
Program services
Program services $314K · Total expenses $331K
95%
Management & General
Management & general $10K · Total expenses $331K
3%
Fundraising
Fundraising $8K · Total expenses $331K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $131K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $239K · Total revenue $283K
85%
Government reliance
Government grants $138K · Total revenue $283K
49%
Earned-income share
Program service revenue $0 · Total revenue $283K
0%
Investment reliance
Investment income $2K · Total revenue $283K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $331K
0%
Growth & trend
Revenue growth (YoY)
This year $283K · Prior year $310K
-9%
Net-asset trend (YoY)
End of year $225K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $283K · Expenses $331K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $328K
Net-asset ratio
Net assets $225K · Total assets $328K
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $328K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Terry Mullins · Reported title EXECUTIVE DI · Highest reported compensation $45K · Total expenses $331K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $122K · Total expenses $331K
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 3%
Fundraising cost ratio 3%
Revenue growth -9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$41K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$389K revenue · ⤓ 990 PDF
FY2023$283K revenue · viewing · ⤓ 990 PDF
FY2022$310K revenue · ⤓ 990 PDF
FY2021$293K revenue · ⤓ 990 PDF
FY2020$231K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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