Civic Intelligence

Austin Meals on Wheels Endowment Fund

990 • Fiscal year 2017 • EIN 74-2689184

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 14, 2018

PO Box 6248Austin, TX 78762-6248

(512) 476-6325

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

72nd percentile

$61,550

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 510.1% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-18%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$519,646

Up $54,412 (+12%) from 2016

Net Assets

Up

$519,646

Up $54,412 (+12%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$12,067

Down $2,728 (-18%) from 2016

Expenses

Up

$8,287

Up $615 (+8.0%) from 2016

Net Income

Down

$3,780

Down $3,343 (-47%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $423,257Liabilities 2010: $273Net Assets 2010: $422,9842010Assets 2011: $386,901Liabilities 2011: $204Net Assets 2011: $386,6972011Assets 2012: $434,869Liabilities 2012: $0Net Assets 2012: $434,8692012Assets 2013: $461,484Liabilities 2013: $0Net Assets 2013: $461,4842013Assets 2014: $489,654Liabilities 2014: $0Net Assets 2014: $489,6542014Assets 2015: $442,119Liabilities 2015: $0Net Assets 2015: $442,1192015Assets 2016: $465,234Liabilities 2016: $0Net Assets 2016: $465,2342016Assets 2017: $519,646Liabilities 2017: $0Net Assets 2017: $519,6462017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2017

Assets$519,646
Liabilities$0
Net Assets$519,646

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2010: -$11,881Expenses 2010: $27,161Net Income 2010: -$39,0422010Revenue 2011: $4,304Expenses 2011: $25,645Net Income 2011: -$21,3412011Revenue 2012: $16,531Expenses 2012: $26,177Net Income 2012: -$9,6462012Revenue 2013: $14,598Expenses 2013: $6,949Net Income 2013: $7,6492013Revenue 2014: $14,404Expenses 2014: $8,002Net Income 2014: $6,4022014Revenue 2015: $14,970Expenses 2015: $30,675Net Income 2015: -$15,7052015Revenue 2016: $14,795Expenses 2016: $7,672Net Income 2016: $7,1232016Revenue 2017: $12,067Expenses 2017: $8,287Net Income 2017: $3,7802017Revenue 2018: $22,605Expenses 2018: $551,471Net Income 2018: -$528,8662018

Highlighted filing

2017

Revenue$12,067
Expenses$8,287
Net Income$3,780
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 14, 2018
Return Version
2016v3.0
Gross Receipts
$12,067
Mission and Program Overview

Mission

Austin meals on wheels endowment fund was established august 10, 1993 by the board of directors and designated for the purpose and intent of receiving, investing, and managing contributions received for the benefit of meals on wheels and more, inc. Meals on wheels and more, inc. Is a 501(c)(3) organization which provides program services that are designed to enable the homebound elderly in central texas to remain independent and in their own homes.

Designated for the purpose and intent of investing and managing contributions received for mowam.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$273,060$285,795▲ $12,735
Investments in Publicly Traded Securities$185,438$213,534▲ $28,096
Cash and Non-Interest-Bearing Accounts$6,069$19,468▲ $13,399
Prepaid Expenses and Deferred Charges$667$849▲ $182
Total Assets$465,234$519,646▲ $54,412
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$465,234$519,646▲ $54,412
Total Net Assets Fund Balance$465,234$519,646▲ $54,412
Total Liabilities and Net Assets / Fund Balance$465,234$519,646▲ $54,412

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$33,439--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$465,234$18,179▲ $44,520$8,287$519,646
2015$442,119$3,330▲ $27,457$7,672$465,234
2014$489,654$3,437▼ $20,297$30,675$442,119
2013$461,484$2,073▲ $34,099$8,002$489,654
2012$434,869$2,107▲ $31,457$6,949$461,484
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lucia DodsonSecretary$61,550$61,550

Board Members and Trustees

NameTitle
Larry BuchChairperson
Brian TuerffVice Chair
Adam I HauserBoard Member
Mark C WinterBoard Member
Samuel Lee HoustonBoard Member
Michael BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,777
Program Service Revenue
$0
Investment Income
$10,290
Other Revenue
$0
All Other Contributions
$1,777
Change in Net Assets
$3,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,067
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$34,230
Total Revenue per Audited Statements
$46,297
Total Revenue per Form 990
$12,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$4,713-$4,713
Insurance-$2,004-$2,004
Fees for Services Accounting-$1,570-$1,570
Total Functional Expenses$0$8,287$0$8,287

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,287
Total Expenses per Audited Statements$8,287
Total Expenses per Form 990$8,287
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

All meetings have contemporaneous documentation

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

A copy of the form 990 is electronically mailed to all board members for their review prior to signing and mailing.

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

A code of conduct and ethics policy is signed annually by each board member.

Form 990, Part VI, Section C, Line 19

The annual audit report and annual report are available on the organization's website.

Filing and Contact Details

Filer

Filer Name
Austin Meals on Wheels Endowment Fund
EIN
74-2689184
Phone
5124766325
Address
PO BOX 6248, AUSTIN, TX 78762-6248

Signing Officer

Name
Michael Brown
Title
Treasurer
Phone
5124766325
Signed
2018-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Hauser
Formed
1993
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Atchley & Associates Llp
Address
1005 LA POSADA DRIVE, AUSTIN, TX 78752
Preparer
Karen E Atchley
Phone
5123462086
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Form 990, part xii, line 2c: the committee that assumes responsibility for the oversight of the audit and the selection of an independent accountant has not changed since prior year.

Financial Statement Notes

PART X, LINE 2:

Mowam adopted fasb asc 740, accounting for uncertainty in income taxes. That standard prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in financial statements. It also provided guidance for de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The organizations' federal exempt organization returns for the years ended after september 30, 2014 are subject to examination by the internal revenue service.

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IRS990ScheduleD/NetUnrealizedGainsInvstAmt034230
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt039108
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt139394
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt241774
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt346467
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt446797
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt538816
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt633439
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ISHARES TR RUS 1000 VAL ETF
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ISHARES TR RUS 1000 GRW ETF
IRS990ScheduleD/OtherSecuritiesGrp/Desc2DOUBLELINE TOTAL RETURN BOND FUND CLASS N N/L
IRS990ScheduleD/OtherSecuritiesGrp/Desc3METROPOLITAN WEST TOTAL RETURN BOND FUND RETAIL CLASS M N/L
IRS990ScheduleD/OtherSecuritiesGrp/Desc4VANGUARD INTERMEDIATE TERM BOND INDEX FD ADMIRAL SHARES N
IRS990ScheduleD/OtherSecuritiesGrp/Desc5SPDR SERIES TRUST S&P DIVID ETF
IRS990ScheduleD/OtherSecuritiesGrp/Desc6GUGGENHEIM S&P 500 EQUAL WEIGHT ETF
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt034230
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012067
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MOWAM ADOPTED FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THAT STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. IT ALSO PROVIDED GUIDANCE FOR DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE ORGANIZATIONS' FEDERAL EXEMPT ORGANIZATION RETURNS FOR THE YEARS ENDED AFTER SEPTEMBER 30, 2014 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0285795
IRS990ScheduleD/TotalExpensesPerForm990Amt08287
IRS990ScheduleD/TotalRevenuePerForm990Amt012067
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt046297
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08287
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEETINGS HAVE CONTEMPORANEOUS DOCUMENTATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS ELECTRONICALLY MAILED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO SIGNING AND MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A CODE OF CONDUCT AND ETHICS POLICY IS SIGNED ANNUALLY BY EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ANNUAL AUDIT REPORT AND ANNUAL REPORT ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART XII, LINE 2C: THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MEALS ON WHEELS AND MORE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HELPING THE AGING NEEDY AND DISABLED INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237202594
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1741888198
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NOURISH AND ENRICH LIVES OF HOMEBOUND AND OTHER PEOPLE IN NEED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1CARE GIVING TO THE ELDERLY, DISABLED, AND THOSE RECOVERING FROM ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03227 EAST 5TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11640-B EAST 2ND STREET STE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078702
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd178702
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0465234
IRS990/TotalAssetsEOYAmt0519646
IRS990/TotalAssetsGrp/BOYAmt0465234
IRS990/TotalAssetsGrp/EOYAmt0519646
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01777
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08287
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt08287
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0465234
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0519646
IRS990/TotalOtherCompensationAmt015831
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt010290
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012067
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0465234
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0519646
IRS990/TotReportableCompRltdOrgAmt045719
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0465234
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0519646
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 6248
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX

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