Civic Intelligence

Mason Meals Inc

990 • Fiscal year 2022 • EIN 82-2720929

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 07, 2023

1100 E Berks StreetPhiladelphia, PA 19125

(215) 278-6853

Siviq Scores

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

Liabilities / Assets

89th percentile

0.66x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.18x

Higher debt load relative to revenue than 64% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

39th percentile

1.7%

Higher net margin than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$141,934

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

61st percentile

6.1%

Faster asset growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

45%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$562,723

Up $32,160 (+6.1%) from 2021

Net Assets

Up

$192,634

Up $22,497 (+13%) from 2021

Liabilities

Up

$370,089

Up $9,663 (+2.7%) from 2021

Revenue

Up

$2,106,334

Up $653,313 (+45%) from 2021

Expenses

Up

$2,071,521

Up $634,348 (+44%) from 2021

Net Income

Up

$34,813

Up $18,965 (+120%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2017: $12,966Liabilities 2017: $20,495Net Assets 2017: -$7,5292017Assets 2018: $42,356Liabilities 2018: $23,688Net Assets 2018: $18,6682018Assets 2019: $60,630Liabilities 2019: $152,879Net Assets 2019: -$92,2492019Assets 2020: $461,580Liabilities 2020: $304,824Net Assets 2020: $156,7562020Assets 2021: $530,563Liabilities 2021: $360,426Net Assets 2021: $170,1372021Assets 2022: $562,723Liabilities 2022: $370,089Net Assets 2022: $192,6342022Assets 2023: $699,566Liabilities 2023: $422,774Net Assets 2023: $276,7922023Assets 2024: $2,440,229Liabilities 2024: $1,806,310Net Assets 2024: $633,9192024

Highlighted filing

2022

Assets$562,723
Liabilities$370,089
Net Assets$192,634

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: -$621Expenses 2017: $6,908Net Income 2017: -$7,5292017Revenue 2018: $304,220Expenses 2018: $278,610Net Income 2018: $25,6102018Revenue 2019: $944,347Expenses 2019: $1,036,700Net Income 2019: -$92,3532019Revenue 2020: $1,258,657Expenses 2020: $1,191,939Net Income 2020: $66,7182020Revenue 2021: $1,453,021Expenses 2021: $1,437,173Net Income 2021: $15,8482021Revenue 2022: $2,106,334Expenses 2022: $2,071,521Net Income 2022: $34,8132022Revenue 2023: $2,774,121Expenses 2023: $2,629,352Net Income 2023: $144,7692023Revenue 2024: $3,621,852Expenses 2024: $3,264,725Net Income 2024: $357,1272024

Highlighted filing

2022

Revenue$2,106,334
Expenses$2,071,521
Net Income$34,813
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 7, 2023
Return Version
2022v5.0
Gross Receipts
$2,106,334
Mission and Program Overview

Mission

FOOD PROGRAM

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$352,062$303,278▼ $48,784
Accounts Receivable$125,475$206,219▲ $80,744
Rtn Earn Endowment Incm Other Fnds$170,137$192,634▲ $22,497
Land, Buildings, and Equipment, Net$32,026$32,226▲ $200
Prepaid Expenses and Deferred Charges$21,000$21,000→ $0
Receivables From Officers Etc$0--
Loans From Officers Directors$0--
Total Assets$530,563$562,723▲ $32,160
Liabilities
Grants Payable$259,092$150,000▼ $109,092
Accounts Payable and Accrued Expenses$52,475$139,249▲ $86,774
Unsecured Notes Loans Payable$39,706$75,839▲ $36,133
Other Liabilities$9,153$5,001▼ $4,152
Total Liabilities$360,426$370,089▲ $9,663
Net Assets / Fund Balance
Total Net Assets Fund Balance$170,137$192,634▲ $22,497
Total Liabilities and Net Assets / Fund Balance$530,563$562,723▲ $32,160

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,656--
Leasehold Improvements$47,103--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dante FassettCEOFT$141,934$141,934
Ambr FassettVice PresidentFT$87,125$87,125
Erica SanderlinTreasurerFT$36,531$36,531

Board Members and Trustees

NameTitle
Cory PowellBoard Member
Joelen GraySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,821,914
Program Service Revenue
$175,328
Investment Income
$0
Other Revenue
$109,092
All Other Contributions
$15,849
Change in Net Assets
$34,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,378,518
Salaries, Compensation, and Employee Benefits$693,003
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$970,501$8,791$0$979,292
Comp Disqual Persons$370,439$0$0$370,439
Current Officers, Directors, Trustees, and Key Employees$0$265,590$0$265,590
Occupancy$172,049$5,154$0$177,203
Payroll Taxes$24,938$18,433$0$43,371
Fees for Services Accounting$0$15,300$0$15,300
Other Employee Benefits$7,822$5,781$0$13,603
Fees for Services Management$6,342$4,688$0$11,030
Insurance$10,569$0$0$10,569
Information Technology$8,595$0$0$8,595
Office Expenses$2,990$3,392$0$6,382
Other Expenses$5,932$0$0$5,932
Travel$0$3,062$0$3,062
Conferences and Meetings$0$1,319$0$1,319
Advertising$0$1,251$0$1,251
Fees for Services Legal$0$63$0$63
Total Functional Expenses$1,694,034$377,487$0$2,071,521
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
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
Filing and Contact Details

Filer

Filer Name
Mason Meals Inc
EIN
82-2720929
Phone
2152786853
Address
1100 E BERKS STREET, PHILADELPHIA, PA 19125

Signing Officer

Name
Donte Fassett
Title
President
Phone
2152786853
Signed
2023-09-07
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
2
Employees
27
Volunteers
0

Preparer

Firm
Vep Bookkeeping Services
Address
PO BOX 103, JENKINTOWN, PA 19046
Preparer
Vera E Primus
Phone
2152241404
Supplemental Narrative

Additional Explanations

Pt VI, Line 15B

ANNUAL SALARY REVIEW

Pt VI, Line 8B

There are no active committees

Pt VI, Line 11B

990 is provided for review upon requested

Pt VI, Line 19

Information is available per request

Pt VI, Line 15A

Employee annual evaluation and work performance

Pt VI, Line 2

The ceo and vice president

Form 990, Part IX, Line 24E

Food purchase costs 937204. 937204. 0. 0.

Form 990, Part IX, Line 24E

Supplies 13459. 5640. 7819. 0.

Form 990, Part IX, Line 24E

License fees 1411. 791. 620. 0.

Form 990, Part IX, Line 24E

Bank service fees 352. 0. 352. 0.

Form 990, Part IX, Line 24E

Staff expense 26866. 26866. 0. 0.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt06066579
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02106334
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01453021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01258657
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0944347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0304220
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06066579
IRS990ScheduleA/TotalSupportAmt06066579
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt012656
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt012656
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt05001
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt047103
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt047103
IRS990ScheduleD/TotalBookValueLandBuildingsAmt059759
IRS990ScheduleD/TotalLiabilityAmt05001
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANNUAL SALARY REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO ACTIVE COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990 IS PROVIDED FOR REVIEW UPON REQUESTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION IS AVAILABLE PER REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EMPLOYEE ANNUAL EVALUATION AND WORK PERFORMANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CEO AND VICE PRESIDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FOOD PURCHASE COSTS 937204. 937204. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUPPLIES 13459. 5640. 7819. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LICENSE FEES 1411. 791. 620. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BANK SERVICE FEES 352. 0. 352. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10STAFF EXPENSE 26866. 26866. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0530563
IRS990/TotalAssetsEOYAmt0562723
IRS990/TotalAssetsGrp/BOYAmt0530563
IRS990/TotalAssetsGrp/EOYAmt0562723
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01821914
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0377487
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01694034
IRS990/TotalFunctionalExpensesGrp/TotalAmt02071521
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0360426
IRS990/TotalLiabilitiesEOYAmt0370089
IRS990/TotalLiabilitiesGrp/BOYAmt0360426
IRS990/TotalLiabilitiesGrp/EOYAmt0370089
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0170137
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0192634
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01694034
IRS990/TotalProgramServiceRevenueAmt0175328
IRS990/TotalReportableCompFromOrgAmt0265590
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0284420
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02106334
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0530563
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0562723
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03062
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt03062
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt039706
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt075839
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01100 E BERKS ST
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019125
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.MASONMEALS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03

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