Meals on Wheels Plus of Manatee INC EIN 59-1420986

Meals on Wheels Plus of Manatee INC

EIN  59-1420986 Public charity (501(c)(3)) Bradenton, FL Founded 1972
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/21/26 · see original filing: IRS
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Size
$10–100M
What they do
Provides meals and supportive services to help people live independently.
Leadership
Maribeth Phillips · President & CEO · $193K
Money in and out
$12.5M revenue, $12.5M expenses
Bottom line
92% program efficiency

Provides meals and supportive services to help people live independently. For fiscal year 2024 it reported $12.5M in revenue, $12.5M in expenses, and $11.8M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$12.5M
Pt VIII · Ln 12
Total expenses
$12.5M
Pt IX · Ln 25
Net assets
$11.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $71K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.04 Fundraising $0.04
Program efficiency
92%
of spending reaches programs0% vs prior filing year
Operating runway
16.4mo
months of highly liquid reserves at operating expense rate▲ +16% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▲ +107% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$12.5M
FY2024▲ +12%
Expenses
$12.5M
FY2024▲ +2%
Total assets
$12.5M
FY2024▲ +2%
Total liabilities
$707K
FY2024▼ -3%
Total revenue
$12.5M
Pt VIII · Ln 12
Total expenses
$12.5M
Pt IX · Ln 25
Net assets
$11.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$71K
Total assetsPt X · Ln 16$12.5M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $10.8M of program spending, described in the organization's own filed words · FY2024.
01

The Food Bank of Manatee

The food bank of manatee is the largest hunger relief organization based in manatee county and is an independent food bank relying mostly on the support of the community to meet the needs of food insecure babies, children, families, and seniors in manatee county.

$8.2Mprogram expense
02

The Home Delivered Meals (hdm) Program

Meals on wheels plus of manatee's home-delivered meals program has been providing healthy meals to elderly individuals for over 50 years. During 2024, over 190,000 meals were prepared for an average of 535 homebound seniors each month.

$2.0Mprogram expense
03

Adult Day Center

Daybreak adult day center (adc) provides daytime care monday through friday for frail, elderly adults. Many times, these individuals live at home with a loved one and cannot be left alone while their caregiver works or attends to other responsibilities.

$597Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMeals on Wheels Plus of Manatee INC
EINHdr · item D59-1420986
Principal addressHdr · item CBradenton, FL
WebsiteHdr · item Jwww.mealsonwheelsplus.org
Year of formationHdr · item L1972
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K36Z)
Ruling yearIRS BMFMay 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
President & CEO
$193,378Pt VII · Sec A
Chief Financial Officer
$162,716Pt VII · Sec A
Vice President of Development
$125,757Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Maribeth Phillips’s $193K as President & CEO is at the 58th percentile of top reported officer pay among 248 $10–100M food & agriculture 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 · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Maribeth Phillips$193,378$177,086$166,974$139,083$134,429
Dana Maassen$162,716$107,960
Amy Towery$125,757$118,802$113,208$102,449
William M Grenier$124,428$103,948$91,222
Haskell Gates$63,208
Timothy Schaefer$53,450
Mike Hudson$15,923

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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Statement of Revenue

Part VIII
Contributions & grants$11.4M · 91%
Investment income$717K · 6%
Program service revenue$364K · 3%
Contributions & grants91%$11.4M
Investment income6%$717K
Program service revenue3%$364K
— government grantsLn 1e$2.0M
Total revenueLn 12$12.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.04 Fundraising $0.04
Program services92%$11.5M
Management & general4%$493K
Fundraising4%$483K
Total functional expensesLn 25$12.5M

Balance Sheet

Part X · end of year
CashLn 1$541K
Total assetsLn 16$12.5M
Total liabilitiesLn 26$707K
Total net assetsLn 32$11.8M
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.7M · Operating expenses (Pt IX) $12.5M · Less non-cash grants $6.8M · Cash operating expenses/yr $5.6M
16.4 months
Where the money goes
Program services
Program services $11.5M · Total expenses $12.5M
92%
Management & General
Management & general $493K · Total expenses $12.5M
4%
Fundraising
Fundraising $483K · Total expenses $12.5M
4%
Cost to raise $1
Fundraising expense (3-yr avg) $428K · Solicited contributions (3-yr avg) $8.3M
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $11.4M · Total revenue $12.5M
91%
Government reliance
Government grants $2.0M · Total revenue $12.5M
16%
Earned-income share
Program service revenue $364K · Total revenue $12.5M
3%
Investment reliance
Investment income $717K · Total revenue $12.5M
+6%
Program self-sufficiency
Program service revenue $364K · Total expenses $12.5M
3%
Growth & trend
Revenue growth (YoY)
This year $12.5M · Prior year $11.2M
+12%
Revenue CAGR
FY2020 $13.2M · FY2024 $12.5M
-1%
Net-asset trend (YoY)
End of year $11.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $12.5M · Expenses $12.5M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $12.5M
Net-asset ratio
Net assets $11.8M · Total assets $12.5M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $12.5M
57%
People & payroll
Highest Reported Total Compensation
Individual Maribeth Phillips · Reported title PRESIDENT & CEO · Highest reported compensation $193K · Total expenses $12.5M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3.0M · Total expenses $12.5M
24%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 4%
Fundraising cost ratio 4%
Revenue growth 12%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

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 · FY2025
Total grants receivedfrom 3 funders$90K
See all 3 funders →

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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)$12.5M revenue · viewing · ⤓ 990 PDF
FY2023$11.2M revenue · ⤓ 990 PDF
FY2022$11.3M revenue · ⤓ 990 PDF
FY2021$15.5M revenue · ⤓ 990 PDF
FY2020$13.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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