Civic Intelligence

Megiddo Dream Station

990 • Fiscal year 2018 • EIN 45-5592497

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 30, 2018

103 Canal StreetGraniteville, SC 29829

(803) 392-7044

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-41%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

62nd percentile

$86,460

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 39.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

23rd percentile

-5.3%

Faster asset growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-40%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,603,256

Down $90,395 (-5.3%) from 2017

Net Assets

Down

$1,602,573

Down $89,473 (-5.3%) from 2017

Liabilities

Down

$683

Down $922 (-57%) from 2017

Revenue

Down

$220,024

Down $146,913 (-40%) from 2017

Expenses

Up

$309,497

Up $3,444 (+1.1%) from 2017

Net Income

Down

-$89,473

Down $150,357 (-247%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $1,217,921Liabilities 2013: $4,115Net Assets 2013: $1,213,8062013Assets 2014: $1,276,010Liabilities 2014: $5,756Net Assets 2014: $1,270,2542014Assets 2015: $1,523,715Liabilities 2015: $4,674Net Assets 2015: $1,519,0412015Assets 2016: $1,631,162Liabilities 2016: $0Net Assets 2016: $1,631,1622016Assets 2017: $1,693,651Liabilities 2017: $1,605Net Assets 2017: $1,692,0462017Assets 2018: $1,603,256Liabilities 2018: $683Net Assets 2018: $1,602,5732018Assets 2019: $1,593,766Liabilities 2019: $574Net Assets 2019: $1,593,1922019Assets 2020: $1,702,444Liabilities 2020: $36,934Net Assets 2020: $1,665,5102020Assets 2021: $1,681,462Liabilities 2021: $37,050Net Assets 2021: $1,644,4122021Assets 2022: $1,722,381Liabilities 2022: $504Net Assets 2022: $1,721,8772022Assets 2023: $1,577,457Liabilities 2023: $346Net Assets 2023: $1,577,1112023

Highlighted filing

2018

Assets$1,603,256
Liabilities$683
Net Assets$1,602,573

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $1,293,106Expenses 2013: $79,300Net Income 2013: $1,213,8062013Revenue 2014: $170,834Expenses 2014: $114,386Net Income 2014: $56,4482014Revenue 2015: $372,163Expenses 2015: $123,376Net Income 2015: $248,7872015Revenue 2016: $293,697Expenses 2016: $181,576Net Income 2016: $112,1212016Revenue 2017: $366,937Expenses 2017: $306,053Net Income 2017: $60,8842017Revenue 2018: $220,024Expenses 2018: $309,497Net Income 2018: -$89,4732018Revenue 2019: $294,202Expenses 2019: $303,583Net Income 2019: -$9,3812019Revenue 2020: $527,750Expenses 2020: $455,432Net Income 2020: $72,3182020Revenue 2021: $423,543Expenses 2021: $444,641Net Income 2021: -$21,0982021Revenue 2022: $730,045Expenses 2022: $652,580Net Income 2022: $77,4652022Revenue 2023: $542,334Expenses 2023: $687,100Net Income 2023: -$144,7662023

Highlighted filing

2018

Revenue$220,024
Expenses$309,497
Net Income-$89,473
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 30, 2018
Return Version
2017v2.3
Gross Receipts
$224,522
Mission and Program Overview

Mission

The megiddo dream station is a charity that supports the self-sufficiency of families and the spiritual, physical, academic and social development of children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,692,046$1,602,573▼ $89,473
Land, Buildings, and Equipment, Net$1,590,567$1,577,344▼ $13,223
Cash and Non-Interest-Bearing Accounts$96,169$18,874▼ $77,295
Prepaid Expenses and Deferred Charges$6,915$7,038▲ $123
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,693,651$1,603,256▼ $90,395
Liabilities
Other Liabilities$1,605$683▼ $922
Total Liabilities$1,605$683▼ $922
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,692,046$1,602,573▼ $89,473
Total Liabilities and Net Assets / Fund Balance$1,693,651$1,603,256▼ $90,395

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,018,000-$1,018,000
Buildings$333,097$15,243$348,340
Other Land Buildings$210,501$44,584$255,085
Equipment$15,746$17,060$32,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kay BenitezExecutive DirectorFT$86,460$86,460

Board Members and Trustees

NameTitle
Adam BarfootChair
Norman DunaganChair Elect
Kyle PoolePast Chair
Angela BurkhalterBoard Member
Ashley ThomasBoard Member
John TravisBoard Member
Kevin PethickBoard Member
Nyles EllefsonBoard Member
Shannon MatlockBoard Member
Donna FanningSecretary
Cindy MearesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$193,851
Program Service Revenue
$0
Investment Income
$53
Other Revenue
$26,120
All Other Contributions
$193,851
Change in Net Assets
$-89,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,945
Salaries, Compensation, and Employee Benefits$138,552
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,802$23,700-$118,502
Depreciation Depletion$26,150$21,970-$48,120
Occupancy$16,189$4,047-$20,236
Payroll Taxes$13,799$3,449-$17,248
All Other Expenses$11,868$1,238-$13,106
Office Expenses$9,816$1,957-$11,773
Insurance$5,571$1,392-$6,963
Advertising$4,671$1,167-$5,838
Other Expenses$4,324$7,184-$4,324
Pension Plan Contributions$2,242$560-$2,802
Total Functional Expenses$232,410$77,087$0$309,497
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,785
Fundraising Direct Expenses$4,498
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Clay Shooting$28,785$28,785$4,498$24,287
Total Events$28,785$28,785$4,498$24,287
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Simple Payable$683
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

Form 990 is prepared by an independent accounting firm and is made available to the chair and treasurer of the organization to review and comment on any changes the organization may deem necessary. The organization notifies the accounting firm of the acceptance of form 990 and supporting schedules and the return is then filed with the internal revenue service and any other required entities.

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

Each member of the board acknowledges the duty to disclose any conflicts of interest. If any board member discloses a conflict, that member leaves the governing board while the conflict of interest is discussed and voted upon by the remaining board members.

Form 990, Part VI, Section B, Line 15

Officer's compensation was determined by research the compensation of executive directors of local non-profits with similar missions, experience and skill set.

Form 990, Part VI, Section C, Line 19

The organization has all governing documents as well as form 990 available to the public upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
Megiddo Dream Station
EIN
45-5592497
Phone
8033927044
Address
103 CANAL STREET, GRANITEVILLE, SC 29829

Signing Officer

Name
Kay Benitez
Title
Executive Director
Phone
8033927044
Signed
2018-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kay Benitez
Formed
2012
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
0
Employees
5
Volunteers
512

Preparer

Firm
Cherry Bekaert Llp
Address
137 OLD MARKET STREET SUITE 101, AIKEN, SC 29803
Preparer
Cindy Meares
Phone
8036482692
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0348915
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0161
IRS990/PYOtherExpensesAmt0155470
IRS990/PYOtherRevenueAmt017861
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt060884
IRS990/PYSalariesCompEmpBnftPaidAmt0150583
IRS990/PYTotalExpensesAmt0306053
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0366937
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-89473
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01692046
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01602573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0193851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0348915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0284286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0359342
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0149833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01336227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0269
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0311
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0794
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0115552
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0400
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0400
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99230
IRS990ScheduleA/PublicSupportPY170Pct00.86790
IRS990ScheduleA/PublicSupportTotal170Amt01336227
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0193851
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0284286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0359342
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0149833
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01336227
IRS990ScheduleA/TotalSupportAmt01346629
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt01833
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt02250
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt03625
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt09208
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0333097
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015243
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0348340
IRS990ScheduleD/EquipmentGrp/BookValueAmt015746
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017060
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032806
IRS990ScheduleD/LandGrp/BookValueAmt01018000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01018000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0210501
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044584
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0255085
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0683
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SIMPLE PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01577344
IRS990ScheduleD/TotalLiabilityAmt0683
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04498
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CLAY SHOOTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028785
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt028785
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028785
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024287
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04498
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS MADE AVAILABLE TO THE CHAIR AND TREASURER OF THE ORGANIZATION TO REVIEW AND COMMENT ON ANY CHANGES THE ORGANIZATION MAY DEEM NECESSARY. THE ORGANIZATION NOTIFIES THE ACCOUNTING FIRM OF THE ACCEPTANCE OF FORM 990 AND SUPPORTING SCHEDULES AND THE RETURN IS THEN FILED WITH THE INTERNAL REVENUE SERVICE AND ANY OTHER REQUIRED ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE BOARD ACKNOWLEDGES THE DUTY TO DISCLOSE ANY CONFLICTS OF INTEREST. IF ANY BOARD MEMBER DISCLOSES A CONFLICT, THAT MEMBER LEAVES THE GOVERNING BOARD WHILE THE CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY THE REMAINING BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICER'S COMPENSATION WAS DETERMINED BY RESEARCH THE COMPENSATION OF EXECUTIVE DIRECTORS OF LOCAL NON-PROFITS WITH SIMILAR MISSIONS, EXPERIENCE AND SKILL SET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS ALL GOVERNING DOCUMENTS AS WELL AS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01693651
IRS990/TotalAssetsEOYAmt01603256
IRS990/TotalAssetsGrp/BOYAmt01693651
IRS990/TotalAssetsGrp/EOYAmt01603256
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0193851
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077087
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0232410
IRS990/TotalFunctionalExpensesGrp/TotalAmt0309497
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01605
IRS990/TotalLiabilitiesEOYAmt0683
IRS990/TotalLiabilitiesGrp/BOYAmt01605
IRS990/TotalLiabilitiesGrp/EOYAmt0683
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01692046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01602573
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0232410
IRS990/TotalReportableCompFromOrgAmt086460
IRS990/TotalRevenueGrp/ExclusionAmt024340
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01833
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220024
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0512
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01693651
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01603256
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0103 CANAL STREET
IRS990/USAddress/CityNm0GRANITEVILLE
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029829
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTP://MEGIDDO-STATION.ORG

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