Megs Gift Inc
Nonprofit profile at a glance
- EIN
- 473049149
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Penfield, NY, USA
- Phone
- 5854067261
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Counseling, Support Groups
Reported finances
- Revenue
- $61,807
- Expenses
- $54,649
- Assets
- $62,393
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Raymond Garbach Jr (President)
- Timothy Garbach (Vice President)
People named in this filing
- Raymond Garbach Jr (President)
- Timothy Garbach (Vice President)
- Kathryn Scalzo (Treasurer)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose of the organization is to raise funds for mental health awareness through various special events. The proceeds from these events will then be distributed to local metal health awareness non-profits to provide them the resources needed to further our cause.
What it reported doing in 2024
We held our fifth annual golf tournament in order to continue to raise funds for local mental health awareness facilities and in so doing, we raised a net total of $66,668. These funds were redistributed to local mental health organizations that work to increase awareness on this topic.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 82
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.1%; rating input score 36
- 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: 11.6%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 1.14; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 17.5% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 13.3% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 36.1% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.