Food, Agriculture & Nutrition
(K36Z)
IRS Verified
DX Registered
990 on File
MOBILE MEALS OF TOLEDO INC
Financial strength (30%)
64/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
75/100
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Mobile Meals of Toledo, Inc. is to help our clients sustain independence and enhance their quality of life by delivering nutritious food.
Financial Overview — FY 2023
$2.2M
Total Revenue
$2.5M
Total Expenses
$683K
Net Assets
40
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.4%
Fundraising Efficiency
69.0%
Operating Reserve
3.32x
Liability-to-Asset
19.6%
Revenue Diversification
63.8%
Executive Compensation
$149K
Compared with Peers
FY 2023
Compared with 945 similar organizations
(United States, Food, Agriculture & Nutrition, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.4% | 89.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.4% | 6.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.2% | 1.1% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
69.0% | 157.6% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.3 mo | 7.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.6% | 6.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.8% | 96.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-19.0% | 13.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.9% | 16.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-10.0% | 1.9% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| meal cost | 1,900 | $7.75 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.2M | $2.5M | $683K | 89.4% | 40 |
| 2022 | $2.8M | $2.4M | $908K | 88.5% | 43 |
| 2021 | $2.1M | $2.2M | N/A | — | 38 |
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