Civic Intelligence

Cabarrus Meals on Wheels Inc

EIN 56-1172942 • 501(c)3 • Concord, NC

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Profile

Cabarrus meals on wheels creates a healthier community by providing nutritious meals, fostering a sense of care, and providing support to cabarrus homebound seniors, disabled adults, and vulnerable children.

342 Penny LaneConcord, NC 28025

cabarrusmow.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.27x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.63x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

36th percentile

-0.9%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

38th percentile

0.2%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

16%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$2,786,270

Down $293,084 (-9.5%) from 2024

Liabilities

Down

$750,423

Down $74,062 (-9.0%) from 2024

Net Assets

Down

$2,035,847

Down $219,022 (-9.7%) from 2024

Operations
Liabilities / Revenue83rd percentileNet Margin36th percentile

Revenue

Down

$1,074,119

Down $225,132 (-17%) from 2024

Expenses

Down

$1,301,514

Down $9,319 (-0.7%) from 2024

Net Income

Down

-$227,395

Down $215,813 (-1863%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth38th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $613,479Liabilities 2012: $34,737Net Assets 2012: $578,7422012Assets 2013: $670,821Liabilities 2013: $14,606Net Assets 2013: $656,2152013Assets 2014: $726,273Liabilities 2014: $27,661Net Assets 2014: $698,6122014Assets 2015: $707,537Liabilities 2015: $7,033Net Assets 2015: $700,5042015Assets 2016: $733,066Liabilities 2016: $22,506Net Assets 2016: $710,5602016Assets 2017: $799,160Liabilities 2017: $23,510Net Assets 2017: $775,6502017Assets 2018: $801,379Liabilities 2018: $12,355Net Assets 2018: $789,0242018Assets 2019: $800,337Liabilities 2019: $15,861Net Assets 2019: $784,4762019Assets 2020: $2,244,052Liabilities 2020: $307,756Net Assets 2020: $1,936,2962020Assets 2021: $3,529,437Liabilities 2021: $1,029,689Net Assets 2021: $2,499,7482021Assets 2022: $3,252,614Liabilities 2022: $962,418Net Assets 2022: $2,290,1962022Assets 2023: $3,074,449Liabilities 2023: $808,057Net Assets 2023: $2,266,3922023Assets 2024: $3,079,354Liabilities 2024: $824,485Net Assets 2024: $2,254,8692024Assets 2025: $2,786,270Liabilities 2025: $750,423Net Assets 2025: $2,035,8472025

Highlighted filing

2025

Assets$2,786,270
Liabilities$750,423
Net Assets$2,035,847
Open 2025 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $559,477Expenses 2012: $616,337Net Income 2012: -$56,8602012Revenue 2013: $622,601Expenses 2013: $576,065Net Income 2013: $46,5362013Revenue 2014: $586,096Expenses 2014: $588,101Net Income 2014: -$2,0052014Revenue 2015: $616,260Expenses 2015: $593,984Net Income 2015: $22,2762015Revenue 2016: $627,798Expenses 2016: $614,978Net Income 2016: $12,8202016Revenue 2017: $674,762Expenses 2017: $632,985Net Income 2017: $41,7772017Revenue 2018: $649,020Expenses 2018: $633,764Net Income 2018: $15,2562018Revenue 2019: $688,009Expenses 2019: $681,263Net Income 2019: $6,7462019Revenue 2020: $2,023,059Expenses 2020: $855,406Net Income 2020: $1,167,6532020Revenue 2021: $1,533,708Expenses 2021: $1,026,418Net Income 2021: $507,2902021Revenue 2022: $880,781Expenses 2022: $1,034,410Net Income 2022: -$153,6292022Revenue 2023: $1,120,733Expenses 2023: $1,160,519Net Income 2023: -$39,7862023Revenue 2024: $1,299,251Expenses 2024: $1,310,833Net Income 2024: -$11,5822024Revenue 2025: $1,074,119Expenses 2025: $1,301,514Net Income 2025: -$227,3952025

Highlighted filing

2025

Revenue$1,074,119
Expenses$1,301,514
Net Income-$227,395
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,786,270
Liabilities
$750,423
Net assets
$2,035,847
Revenue
$1,074,119
Expenses
$1,301,514
Net income
-$227,395
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.79$0.75$2.04$1.07$1.30$0.23
2024Detailed filing. Detailed filing data is available for this year.$3.08$0.82$2.25$1.30$1.31$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.07$0.81$2.27$1.12$1.16$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.25$0.96$2.29$0.88$1.03$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.53$1.03$2.50$1.53$1.03$0.51
2020Detailed filing. Detailed filing data is available for this year.$2.24$0.31$1.94$2.02$0.86$1.17
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.02$0.78$0.69$0.68$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.01$0.79$0.65$0.63$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.80$0.02$0.78$0.67$0.63$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.02$0.71$0.63$0.61$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.70$0.62$0.59$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.03$0.70$0.59$0.59$0.00
2013Summary only. Only limited summary data is available for this year.$0.67$0.01$0.66$0.62$0.58$0.05
2012Summary only. Only limited summary data is available for this year.$0.61$0.03$0.58$0.56$0.62$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 19, 2026
Return Version
2024v5.5
Gross Receipts
$1,088,832
Mission and Program Overview

Mission

Cabarrus meals on wheels, inc. Volunteers help the homebound remain independent by delivery of nutritious meals contributing to their overall well being

Creation of a healthier community by providing nutritious meals, fostering a sense of care,and providing support to cabarrus homebound seniors, disabled adults, and vulnerable children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,053,273$1,958,505▼ $94,768
Cash and Non-Interest-Bearing Accounts$506,997$393,394▼ $113,603
Investments in Publicly Traded Securities$257,908$282,029▲ $24,121
Accounts Receivable$158,155$75,231▼ $82,924
Inventories for Sale or Use$37,017$35,789▼ $1,228
Prepaid Expenses and Deferred Charges$37,291$25,195▼ $12,096
Pledges and Grants Receivable$9,250$0▼ $9,250
Total Assets$3,079,354$2,786,270▼ $293,084
Other Assets Total$19,463$16,127▼ $3,336
Liabilities
Mortgage Notes Payable Secured by Investment Property$767,319$723,248▼ $44,071
Accounts Payable and Accrued Expenses$35,020$20,640▼ $14,380
Deferred Revenue$13,527$0▼ $13,527
Other Liabilities$8,619$6,535▼ $2,084
Total Liabilities$824,485$750,423▼ $74,062
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,215,041$2,015,433▼ $199,608
Net Assets With Donor Restrictions$39,828$20,414▼ $19,414
Total Net Assets Fund Balance$2,254,869$2,035,847▼ $219,022
Total Liabilities and Net Assets / Fund Balance$3,079,354$2,786,270▼ $293,084

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,883,218$241,321-
Equipment$75,287$245,707-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$257,908-▲ $26,796-$282,029
2023$233,444-▲ $26,875-$257,908
2022$218,215-▲ $17,443-$233,444
2021$260,590-▼ $39,838-$218,215
2020$452,133$2,092▲ $59,340$250,000$260,590
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly StrongExecutive DirectorFT$129,808$13,680$143,488

Board Members and Trustees

NameTitle
James CoreyPresident
Jessica TuckerVice President
Bob BlackBoard Member
David WilliamsBoard Member
Dianne SmithBoard Member
Dr Debasish BanerjeeBoard Member
Hillary SmithBoard Member
Kevin DurkeeBoard Member
Robin SchardingBoard Member
Wim DeneefBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$746,330
Program Service Revenue
$290,280
Investment Income
$18,795
Other Revenue
$18,714
All Other Contributions
$368,154
Change in Net Assets
$-227,395

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,060,415
Revenue Not Reported on Financial Statements
$13,704
Revenue Not Reported on Form 990
$14,552
Other Revenue Adjustments
$11,029
Total Revenue per Audited Statements
$1,074,967
Total Revenue per Form 990
$1,074,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$730,397
Salaries, Compensation, and Employee Benefits$571,117
Total Fundraising Expense$28,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$388,801$103,680$25,920$518,401
Depreciation Depletion$71,075$23,692-$94,767
Occupancy$38,147$12,716-$50,863
Payroll Taxes$31,082$8,289$2,072$41,443
All Other Expenses$30,766$3,949$136$34,851
Fees for Services Other-$29,332-$29,332
Interest$24,280--$24,280
Insurance$15,528$5,176-$20,704
Fees for Services Accounting-$14,734-$14,734
Other Expenses$12,341--$12,341
Travel$8,483$2,828-$11,311
Pension Plan Contributions$6,625$1,767$442$8,834
Office Expenses$4,148$1,383-$5,531
Fees for Service Investment Mgmnt Fees-$2,675-$2,675
Other Employee Benefits$1,829$488$122$2,439
Conferences and Meetings$975$325-$1,300
Total Functional Expenses$1,061,788$211,034$28,692$1,301,514

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,305,018
Total Expenses per Form 990$1,301,514
Expenses per Audited Statements$1,298,839
Expenses Not Reported on Form 990$6,179
Expenses Not Reported on Financial Statements$2,675
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,794
Fundraising Gross Income$5,794
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Share the Love----
Sunday Soup----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$6,535
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Maria bostian, secretary, and jeff bostian, board member, are husband and wife”

Form 990, Part VI, Section B, Line 11B

“Draft of 990 return emailed to all board members for review and comment prior to filing with the irs”

Form 990, Part VI, Section B, Line 12C

“Board members required to complete annual conflict of interest disclosure questionnaire”

Form 990, Part VI, Section B, Line 15A

“Board reviews executive director annually and approves all salary increases for executive director and employees. Board review substantiated in meeting minutes.”

Form 990, Part VI, Section C, Line 19

“Available upon request at organization offices”

Filing and Contact Details

Filer

Filer Name
Cabarrus Meals on Wheels Inc
EIN
56-1172942
Phone
7049323412
Address
342 PENNY LANE, CONCORD, NC 28025

Signing Officer

Name
Kimberly Strong
Title
Executive Director
Phone
7049323412
Signed
2026-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Corey
Formed
1977
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
18
Volunteers
350

Preparer

Firm
Dmjps Pllc
Address
434 COPPERFIELD BLVD NE, CONCORD, NC 28025
Preparer
Dan Morrow
Phone
7046623146
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from prior years”

Financial Statement Notes

PART V, LINE 4:

“The purpose of the board designated endowment is to support the ongoing and future needs of cabarrus meals on wheels, inc.”

PART X, LINE 2:

“The organization has adopted asc 740-10 as it relates to uncertain tax positions for the years ended june 30,2024 and 2023 and has evaluated its tax positions for all open tax years. However, the organization is not currently under audit nor has the organization been contacted by the internal revenue service. Based on the evaluation of the organization's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the years ended june 30, 2024 and 2023.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expense 5,794. Rental property taxes 385.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“SPECIAL EVENT 11,029.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expense 5,794. Rental property taxes 385.”

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IRS990/ActivityOrMissionDesc0CREATION OF A HEALTHIER COMMUNITY BY PROVIDING NUTRITIOUS MEALS, FOSTERING A SENSE OF CARE,AND PROVIDING SUPPORT TO CABARRUS HOMEBOUND SENIORS, DISABLED ADULTS, AND VULNERABLE CHILDREN.
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IRS990/Desc0WE SERVE SENIORS THROUGHOUT CABARRUS COUNTY, INCLUDING CONCORD, KANNAPOLIS, HARRISBURG, MIDLAND AND MT. PLEASANT. WE HAVE 31 ROUTES THROUGHOUT OUR COUNTY. VOLUNTEERS DRIVE JUST UNDER 500 MILES EACH DAY TO DELIVER MEALS TO OUR CLIENTS. WE SERVED OVER 650 UNIQUE INDIVIDUALS THIS PAST FISCAL YEAR. WE ALSO HAVE A FROZEN ONLY MEAL PROGRAM. THIS PROGRAM PROVIDES 14 FROZEN MEALS TO SENIORS ON OUR WAITING LIST AND THOSE WHO LIVE OUTSIDE OUR DELIVERY AREAS.OUR AVERAGE CLIENT IS A 75-YEAR-OLD WHITE FEMALE WHO LIVES ALONE AND RELIES SOLELY ON SOCIAL SECURITY FOR INCOME. SHE WORRIES ABOUT WHERE HER NEXT MEAL WILL COME FROM. THERE ARE DAYS SHE DOES NOT EAT OR REDUCES HER MEAL BECAUSE SHE DOES NOT HAVE ENOUGH EXTRA FUNDS TO AFFORD FOOD.ALL CLIENTS ARE ASKED TO PAY FOR THEIR MEALS BASED ON A SLIDING SCALE BASED AND BASED ON THEIR ABILITY TO PAY BUT MANY ARE UNABLE TO AFFORD A NUTRITIOUS MEAL. 59% OF OUR CLIENTS SURVIVE ON LESS THAN $1,000 PER MONTH WITH AN AVERAGE INCOME OF $742.31 PER MONTH.OUR MEALS ARE PREPARED DAILY IN OUR STATE-OF-THE-ART COMMERCIAL KITCHEN. EACH MEAL CONSISTS OF 1/3 OF THE DAILY RDA'S AND OUR MENU IS PREPARED BY A REGISTERED DIETICIAN. WE USE AS MANY FRESH FOODS AS POSSIBLE. WE TRY TO SERVE FRESH, SEASONAL FRUITS AND VEGETABLES TO PROVIDE THE MOST NUTRITIOUS MEAL AS WE CAN. MEALS ARE PREPARED FRESH EACH MORNING BEGINNING AT 6:30 A.M. SEEING A VOLUTEER EACH DAY ALSO HELPS ALLEVIATE THE FEELING OF LONELINESS THAT SENIORS LIVE WITH. MOST OF THEM LIVE ALONE AND OUR VOLUNTEER MAY BE THE ONLY PERSON THEY SEE AND TALK WITH IN A DAY. OUR PROGRAM ALSO MAKES REFFERALS TO MANY OTHER PROGRAMS FOR ANY CONCERNS WE IDENTIFY. WE ALSO PROVIDE OUR SENIORS WITH PET FOOD FOR THEIR BELOVED PETS, EXTRA GROCERIES WHEN THEY DO NOT HAVE ACCESS TO ENOUGH FOOD AND PROVIDE GIFTS FOR BIRTHDAYS AND CHRISTMAS. OUR PROGRAM ENCOMPASSES THE ENTIRE PERSON. WE ARE MORE THAN A MEAL. WE DELIVER HOPE.
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