Civic Intelligence

Independence Meals on Wheels Inc.

990 • Fiscal year 2016 • EIN 43-1083396

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 16, 2017

409 N LibertyIndependence, MO 64050

(816) 836-3867

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

60th percentile

7.9%

Higher net margin than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$20,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

61st percentile

8.6%

Faster asset growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

7.9%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$154,426

Up $12,186 (+8.6%) from 2015

Net Assets

Up

$144,904

Up $11,686 (+8.8%) from 2015

Liabilities

Up

$9,522

Up $500 (+5.5%) from 2015

Revenue

Up

$148,172

Up $10,802 (+7.9%) from 2015

Expenses

Down

$136,486

Down $11,242 (-7.6%) from 2015

Net Income

Up

$11,686

Up $22,044 (+213%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $107,446Net Assets 2010: $107,4462010Assets 2011: $110,741Liabilities 2011: $865Net Assets 2011: $109,8762011Assets 2012: $123,812Liabilities 2012: $858Net Assets 2012: $122,9542012Assets 2013: $140,100Liabilities 2013: $969Net Assets 2013: $139,1312013Assets 2014: $155,814Liabilities 2014: $1,002Net Assets 2014: $154,8122014Assets 2015: $142,240Liabilities 2015: $9,022Net Assets 2015: $133,2182015Assets 2016: $154,426Liabilities 2016: $9,522Net Assets 2016: $144,9042016Assets 2017: $178,504Liabilities 2017: $9,453Net Assets 2017: $169,0512017Assets 2018: $174,407Liabilities 2018: $10,743Net Assets 2018: $163,6642018Assets 2019: $207,242Liabilities 2019: $10,931Net Assets 2019: $196,3112019Assets 2020: $231,257Liabilities 2020: $13,425Net Assets 2020: $217,8322020Assets 2021: $255,562Liabilities 2021: $15,001Net Assets 2021: $240,5612021Assets 2022: $239,859Liabilities 2022: $16,031Net Assets 2022: $223,8282022Assets 2023: $303,112Liabilities 2023: $16,703Net Assets 2023: $286,4092023Assets 2024: $328,182Liabilities 2024: $1,339Net Assets 2024: $326,8432024

Highlighted filing

2016

Assets$154,426
Liabilities$9,522
Net Assets$144,904

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2010: $125,960Expenses 2010: $123,690Net Income 2010: $2,2702010Expenses 2011: $114,3312011Expenses 2012: $121,1532012Revenue 2013: $145,061Expenses 2013: $128,884Net Income 2013: $16,1772013Revenue 2014: $140,245Expenses 2014: $124,564Net Income 2014: $15,6812014Revenue 2015: $137,370Expenses 2015: $147,728Net Income 2015: -$10,3582015Revenue 2016: $148,172Expenses 2016: $136,486Net Income 2016: $11,6862016Revenue 2017: $167,700Expenses 2017: $143,553Net Income 2017: $24,1472017Revenue 2018: $172,040Expenses 2018: $177,427Net Income 2018: -$5,3872018Revenue 2019: $226,843Expenses 2019: $194,196Net Income 2019: $32,6472019Revenue 2020: $242,831Expenses 2020: $221,310Net Income 2020: $21,5212020Revenue 2021: $264,752Expenses 2021: $242,023Net Income 2021: $22,7292021Revenue 2022: $248,141Expenses 2022: $264,874Net Income 2022: -$16,7332022Revenue 2023: $349,101Expenses 2023: $286,520Net Income 2023: $62,5812023Revenue 2024: $309,220Expenses 2024: $286,368Net Income 2024: $22,8522024

Highlighted filing

2016

Revenue$148,172
Expenses$136,486
Net Income$11,686
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 16, 2017
Return Version
2016v3.0
Gross Receipts
$148,172
Mission and Program Overview

Mission

Deliver hots meals to homebound individuals to support independence and well-being of seniors

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$125,980$133,756▲ $7,776
Cash and Non-Interest-Bearing Accounts$14,565$15,995▲ $1,430
Pledges and Grants Receivable-$3,000-
Accounts Receivable$1,695$1,675▼ $20
Total Assets$142,240$154,426▲ $12,186
Liabilities
Accounts Payable and Accrued Expenses$8,181$9,522▲ $1,341
Other Liabilities$841--
Total Liabilities$9,022$9,522▲ $500
Net Assets / Fund Balance
Unrestricted Net Assets$133,218$144,904▲ $11,686
Total Net Assets Fund Balance$133,218$144,904▲ $11,686
Total Liabilities and Net Assets / Fund Balance$142,240$154,426▲ $12,186
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jilll WestlandExecutive DiPT$20,000$20,000

Board Members and Trustees

NameTitle
Karen PenrodPresident
Bill RogersDirector
Claudia KetterlinDirector
Cristi GuyDirector
Debra CraigDirector
Laura VernonDirector
Mark IronsmithDirector
Robert SmithDirector
Ruth SpeaksDirector
Shirley HolderDirector
Patricia RobinsonSecretary
Howard PenrodTreasurer
Mary PetersonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$36,363
Program Service Revenue
$102,754
Investment Income
$9,055
Other Revenue
$0
All Other Contributions
$11,925
Change in Net Assets
$11,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$114,573
Salaries, Compensation, and Employee Benefits$21,913
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$20,000--$20,000
All Other Expenses$2,339$678-$3,017
Fees for Services Accounting-$1,950-$1,950
Payroll Taxes$1,913--$1,913
Other Expenses$2,270$1,279-$1,279
Total Functional Expenses$132,579$3,907$0$136,486
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Karen penrod howard penrod president treasurer spouse

Form 990, Page 6, Part VI, Line 9

Karen penrod 2529 glen lane independence, mo 64052 mary peterson 14300 e 32nd st independence, mo 64055 patricia robinson 81 dockside dr lake tapawingo, mo 64015 howard penrod 2529 glen lane independence, mo 64052 ruth speaks 211 poderosa lee's summit, mo 64064 bill rogers 13104 e 41st street terr independence, mo 64055 cristi guy 14300 e 32nd st independence, mo 64055 debra craig 3400 s scott independence, mo 64052 shirley holder 12709 e 37th terr ct independence, mo 64055 laura vernon 5429 ne northgate lee's summit, mo 64064 claudia ketterlin 4345 s avon dr independence , mo 64055 robert smith 4318 s bryant dr independence, mo 64055 mark ironsmith 4313 s cromwell dr independence , mo 64055

Form 990, Page 6, Part VI, Line 11B

The form 990 was provided to all board members via email prior to submission to the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Independence meal on wheels, inc. Conflict of interest/neptism disclosure statement for officers, board of directors and staff members january 1, 2012 effective date. No director of the independence meals on wheels, inc. Board of directors of staff shall derive any personal profit or gain, directly or indirectly, by reason of his or her participation in the independence meals on wheels, inc. Each individual shall diclose to independence meals on wheels, inc. Any personal interest which he or she may have in any matter pending before the organization and shall refrain from participation in any decision on such matter. Any director of independence meals on wheels, inc. Board of directors, inc. Partners (including funds) for personal or private solicitation purposes at any time during the term of their affiliation. Please list any relative you may have under the employ of independence meals on wheels, inc. 1. 2. 3. In addition to my service for independence for independence meals on wheels, inc. At this time i am a board member or an employee of the following organizations: 1. 2. 3. 4. This is to certify that i, except with regard to carrying out my duties as an officer, director or staff member of independence meals on wheels, inc. Or as described below, am not now nor at any time during the past year been: 1) a participant, directly or indirectly, in any arrangement, agreement, investment, or other activity with any vendor, supplier, or other party; doing business with independence meals on wheels, inc., which has resulted or could result in personal benefit to me. 2) a recipient, directly or indirectly, of any salary payments or loans or gifts of any kind or any free service or discounts or other fees from or on behalf of any person or organization engaged in any transaction with independence meals on wheels, inc. Any exceptions to 1 or 2 above are stated below with a full description of the transactions and of the interest, whether direct or indirect, which i have (or have had during the past year) in the persons or organizations having transactions with independence meals on wheels, inc. Signature: director date printed name: director

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Independence Meals on Wheels Inc
EIN
43-1083396
Address
409 N LIBERTY, INDEPENDENCE, MO 64050

Signing Officer

Name
Howard Penrod
Title
Treasurer
Signed
2017-08-16

Organization Details

Principal Officer
Karen Penrod
Formed
1975
Legal Domicile
Mo
Voting Board Members
13
Independent Board Members
11
Employees
1
Volunteers
1

Preparer

Firm
SCHMIDT CORNISH & SMITH CPA'S
Address
110 SW 2ND STREET SUITE C, LEES SUMMIT, MO 64063
Preparer
Vaughn P Cornish
Phone
8165546717
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KAREN PENROD HOWARD PENROD PRESIDENT TREASURER SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KAREN PENROD 2529 GLEN LANE INDEPENDENCE, MO 64052 MARY PETERSON 14300 E 32ND ST INDEPENDENCE, MO 64055 PATRICIA ROBINSON 81 DOCKSIDE DR LAKE TAPAWINGO, MO 64015 HOWARD PENROD 2529 GLEN LANE INDEPENDENCE, MO 64052 RUTH SPEAKS 211 PODEROSA LEE'S SUMMIT, MO 64064 BILL ROGERS 13104 E 41ST STREET TERR INDEPENDENCE, MO 64055 CRISTI GUY 14300 E 32ND ST INDEPENDENCE, MO 64055 DEBRA CRAIG 3400 S SCOTT INDEPENDENCE, MO 64052 SHIRLEY HOLDER 12709 E 37TH TERR CT INDEPENDENCE, MO 64055 LAURA VERNON 5429 NE NORTHGATE LEE'S SUMMIT, MO 64064 CLAUDIA KETTERLIN 4345 S AVON DR INDEPENDENCE , MO 64055 ROBERT SMITH 4318 S BRYANT DR INDEPENDENCE, MO 64055 MARK IRONSMITH 4313 S CROMWELL DR INDEPENDENCE , MO 64055
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS VIA EMAIL PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INDEPENDENCE MEAL ON WHEELS, INC. CONFLICT OF INTEREST/NEPTISM DISCLOSURE STATEMENT FOR OFFICERS, BOARD OF DIRECTORS AND STAFF MEMBERS JANUARY 1, 2012 EFFECTIVE DATE. NO DIRECTOR OF THE INDEPENDENCE MEALS ON WHEELS, INC. BOARD OF DIRECTORS OF STAFF SHALL DERIVE ANY PERSONAL PROFIT OR GAIN, DIRECTLY OR INDIRECTLY, BY REASON OF HIS OR HER PARTICIPATION IN THE INDEPENDENCE MEALS ON WHEELS, INC. EACH INDIVIDUAL SHALL DICLOSE TO INDEPENDENCE MEALS ON WHEELS, INC. ANY PERSONAL INTEREST WHICH HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE ORGANIZATION AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. ANY DIRECTOR OF INDEPENDENCE MEALS ON WHEELS, INC. BOARD OF DIRECTORS, INC. PARTNERS (INCLUDING FUNDS) FOR PERSONAL OR PRIVATE SOLICITATION PURPOSES AT ANY TIME DURING THE TERM OF THEIR AFFILIATION. PLEASE LIST ANY RELATIVE YOU MAY HAVE UNDER THE EMPLOY OF INDEPENDENCE MEALS ON WHEELS, INC. 1. 2. 3. IN ADDITION TO MY SERVICE FOR INDEPENDENCE FOR INDEPENDENCE MEALS ON WHEELS, INC. AT THIS TIME I AM A BOARD MEMBER OR AN EMPLOYEE OF THE FOLLOWING ORGANIZATIONS: 1. 2. 3. 4. THIS IS TO CERTIFY THAT I, EXCEPT WITH REGARD TO CARRYING OUT MY DUTIES AS AN OFFICER, DIRECTOR OR STAFF MEMBER OF INDEPENDENCE MEALS ON WHEELS, INC. OR AS DESCRIBED BELOW, AM NOT NOW NOR AT ANY TIME DURING THE PAST YEAR BEEN: 1) A PARTICIPANT, DIRECTLY OR INDIRECTLY, IN ANY ARRANGEMENT, AGREEMENT, INVESTMENT, OR OTHER ACTIVITY WITH ANY VENDOR, SUPPLIER, OR OTHER PARTY; DOING BUSINESS WITH INDEPENDENCE MEALS ON WHEELS, INC., WHICH HAS RESULTED OR COULD RESULT IN PERSONAL BENEFIT TO ME. 2) A RECIPIENT, DIRECTLY OR INDIRECTLY, OF ANY SALARY PAYMENTS OR LOANS OR GIFTS OF ANY KIND OR ANY FREE SERVICE OR DISCOUNTS OR OTHER FEES FROM OR ON BEHALF OF ANY PERSON OR ORGANIZATION ENGAGED IN ANY TRANSACTION WITH INDEPENDENCE MEALS ON WHEELS, INC. ANY EXCEPTIONS TO 1 OR 2 ABOVE ARE STATED BELOW WITH A FULL DESCRIPTION OF THE TRANSACTIONS AND OF THE INTEREST, WHETHER DIRECT OR INDIRECT, WHICH I HAVE (OR HAVE HAD DURING THE PAST YEAR) IN THE PERSONS OR ORGANIZATIONS HAVING TRANSACTIONS WITH INDEPENDENCE MEALS ON WHEELS, INC. SIGNATURE: DIRECTOR DATE PRINTED NAME: DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VAUGHN P CORNISH
ReturnHeader/ReturnTs02017-09-14T13:11:29-05:00
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ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.28$0.01$3.27$3.09$2.86$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.03$0.17$2.86$3.49$2.87$0.63
2022Detailed filing. Detailed filing data is available for this year.$2.40$0.16$2.24$2.48$2.65$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.56$0.15$2.41$2.65$2.42$0.23
2020Detailed filing. Detailed filing data is available for this year.$2.31$0.13$2.18$2.43$2.21$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.07$0.11$1.96$2.27$1.94$0.33
2018Detailed filing. Detailed filing data is available for this year.$1.74$0.11$1.64$1.72$1.77$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.79$0.09$1.69$1.68$1.44$0.24
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.10$1.45$1.48$1.36$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.09$1.33$1.37$1.48$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$1.40$1.25$0.16
2013Detailed filing. Detailed filing data is available for this year.$1.40$0.01$1.39$1.45$1.29$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.01$1.23$1.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.01$1.10$1.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$1.07$1.26$1.24$0.02