The Widows Mite EIN 88-0486834

The Widows Mite

EIN  88-0486834 Public charity (501(c)(3)) Las Vegas, NV
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides meals, housing, and food boxes to those in need.
Leadership
Julia Occhiogrosso · Board Member, Community Member · $24K
Money in and out
$327K revenue, $313K expenses
Bottom line
87% program efficiency

Provides meals, housing, and food boxes to those in need. For fiscal year 2025 it reported $327K in revenue, $313K in expenses, and $497K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$327K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$497K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.07 Fundraising $0.05
Program efficiency
87%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
16.1mo
months of highly liquid reserves at operating expense rate▼ -8% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -66% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$327K
FY2025▲ +2%
Expenses
$313K
FY2025▲ +11%
Total assets
$528K
FY2025▲ +2%
Total liabilities
$31K
FY2025▼ -14%
Total revenue
$327K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$497K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$528K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $274K of program spending, described in the organization's own filed words · FY2025.
01

Food Line for the Homeless

On thursday, friday and saturday mornings at 7 A.M. We distribute about 300 hot "to go" meals outside in a nearby empty lot. Due to COVID-19, volunteers assemble the meals outdoors at about 6:15 A.M. Meals include a hot main dish and side dish and hot tea (cold tea in the summer) and water bottles are available too.

$151Kprogram expense
02

Wednesday Sack Lunch Distribution

About 50 sack lunches are made by our lady of wisdom church and we add more if necessary. We distribute them to homeless encampments in fields and under bridges, etc. With expenses of $8,250. Three hospitality houses, housing around 8 formerly homeless men: $37,637. Help to others, rental and utility assistance, etc.

$76Kprogram expense
03

Friday shower and clothing program, we partner with clean the world foundation. They bring their shower trailer with 4 complete bathrooms to our empty lot from 8 to 10 A.M. And we provide a complete set of clothing for up to 40 people to take showers.

$46Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Widows Mite
EINHdr · item D88-0486834
Principal addressHdr · item CLas Vegas, NV
WebsiteHdr · item Jwww.lvcw.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P85)
Ruling yearIRS BMFJun 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member, Community Member
$24,285Pt VII · Sec A
Treasurer and Community Member
$8,331Pt VII · Sec A
Secretary and Community Member
$6,865Pt VII · Sec A
Board Member and Volunteer
$0Pt VII · Sec A
President & Volunteer
$0Pt VII · Sec A
Board Member & Volunteer
$0Pt VII · Sec A
Board Member & Volunteer
$0Pt VII · Sec A
Board Member and Volunteer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Julia Occhiogrosso$24,285$24,119$17,600$17,600$12,721$10,295
Gary Cavalier$8,331$8,166$7,500$7,000$7,000$7,000
Mark Kelso$6,865$6,411$5,052$4,028$3,769$3,839
Robert Majors$87

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$318K · 97%
Investment income$6K · 2%
Other revenue$3K · 1%
Contributions & grants97%$318K
Investment income2%$6K
Other revenue1%$3K
Total revenueLn 12$327K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.07 Fundraising $0.05
Program services87%$274K
Management & general7%$23K
Fundraising5%$17K
Total functional expensesLn 25$313K

Balance Sheet

Part X · end of year
CashLn 1$361K
Total assetsLn 16$528K
Total liabilitiesLn 26$31K
Total net assetsLn 32$497K
Months of cash on handcomputed13.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $361K · Operating expenses (Pt IX) $313K · Less non-cash grants $44K · Cash operating expenses/yr $269K
16.1 months
Where the money goes
Program services
Program services $274K · Total expenses $313K
87%
Management & General
Management & general $23K · Total expenses $313K
7%
Fundraising
Fundraising $17K · Total expenses $313K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $15K · Solicited contributions (3-yr avg) $300K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $318K · Total revenue $327K
97%
Government reliance
Government grants $0 · Total revenue $327K
0%
Earned-income share
Program service revenue $0 · Total revenue $327K
0%
Investment reliance
Investment income $6K · Total revenue $327K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $313K
0%
Growth & trend
Revenue growth (YoY)
This year $327K · Prior year $322K
+2%
Revenue CAGR
FY2020 $227K · FY2025 $327K
+8%
Net-asset trend (YoY)
End of year $497K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $327K · Expenses $313K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $528K
Net-asset ratio
Net assets $497K · Total assets $528K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $528K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Julia Occhiogrosso · Reported title BOARD MEMBER, COMMUNITY MEMBER · Highest reported compensation $24K · Total expenses $313K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $60K · Total expenses $313K
19%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 7%
Fundraising cost ratio 5%
Revenue growth 2%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising 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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$24K
Grants paid · 1 grant · $35K · 2021–2021
Family Promise of Las VegasNV · FY2021$35,000

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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
FY2025 (Latest)$327K revenue · viewing · ⤓ 990 PDF
FY2024$322K revenue · ⤓ 990 PDF
FY2023$272K revenue · ⤓ 990 PDF
FY2022$295K revenue · ⤓ 990 PDF
FY2021$228K revenue · ⤓ 990 PDF
FY2020$227K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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