Meggs Foundation II Inc
Nonprofit profile at a glance
- EIN
- 871194100
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- Charlotte, NC, USA
- Rating confidence
- Limited
- Sector
- Cancer
Reported finances
- Revenue
- $140,377
- Expenses
- $128,199
- Assets
- $69,357
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- John Ragland (President)
- Richard Greenhagen (Vice President)
People named in this filing
- John Ragland (President)
- Richard Greenhagen (Vice President)
- Kate Lee (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Meggs Foundation is making a significant impact in the lives of young adults who are undergoing cancer treatments in the Greater Charlotte area. The costs and expenses associated with these life threatening treatments can be enormous bringing on added stress and anxiety both of which are contrary to healing and wellness. The Meggs Foundations provides emergency financial relief for these individuals we are helping them focus on whats most important - getting well. This financial relief includes paying for mortgages rent payments car payments and utility costs while the patient is undergoing cancer treatments. 22 patients were helped during the year 2024.
What it reported doing in 2025
The Meggs Foundation helped 22 patients suffering from income loss due to cancer and life threatening medical treatments. The financial support included the payment of Rent mortgages utilities and car payment expenses.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.7%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -59.5% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: 9% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 6.4% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.