Meghans Place Inc.

990EZ • Fiscal year 2019 • EIN 82-2206564

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 24, 2020

Organization Profile N/A

261 3rd Avenue NWHutchinson, MN 55350

(320) 587-2735

Siviq Scores

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

0.16x

Higher debt load relative to assets than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

0.22x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

15%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

2.4%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

-42%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet

Liabilities / Assets82nd percentile

Assets

$73,670

Up $1,755 (+2.4%) from 2018

Net Assets

$62,064

Up $8,076 (+15%) from 2018

Liabilities

Down

$11,606

Down $6,321 (-35%) from 2018

Revenue And Expenses

Liabilities / Revenue88th percentile Net Margin70th percentile

Revenue

Down

$53,772

Down $38,483 (-42%) from 2018

Expenses

Down

$45,696

Down $857 (-1.8%) from 2018

Net Income

Down

$8,076

Down $37,626 (-82%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

Highlighted filing

2019

Assets$73,670

Liabilities$11,606

Net Assets$62,064

Open 2019 Filing

Operations Trend

Revenue Growth12th percentile

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

Highlighted filing

2019

Revenue$53,772

Expenses$45,696

Net Income$8,076

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: Mar 24, 2020
Return Version: 2019v5.0
Gross Receipts: $53,772

Mission and Program Overview

Mission

To help young adults with disabilities become integrated members of the community by providing opportunities for social interaction, facilitating their employment opportunities, and providing logistical support for their daily living.

Program Services

Description	Grants	Expenses
THE ORGANIZATION HAS LEASED A FACILITY WHERE YOUNG ADULTS WITH DISABILITIES CAN SOCIALLY INTERACT AND RECEIVE ASSISTANCE IN EMPLOYMENT OPPORTUNITIES AND LOGISTIC SUPPORT FOR THEIR DAILY LIVING.	-	$35,700
THE ORGANIZATION HAS LEASED A FACILITY WHERE YOUNG ADULTS WITH DISABILITIES CAN SOCIALLY INTERACT AND RECEIVE ASSISTANCE IN EMPLOYMENT OPPORTUNITIES AND LOGISTIC SUPPORT FOR THEIR DAILY LIVING.	-	$4,415

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
RAMONA J HJERPE	President	-	$0	-	-
KURT H HJERPE	Treasurer	-	$0	-	-
ALEXANDRA EH SMITH	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: MEGHAN'S PLACE INC
EIN: 82-2206564
Phone: 3205872735
Address: 261 3RD AVENUE NW, HUTCHINSON, MN 55350

Signing Officer

Name: Ramona J Hjerpe
Title: President
Signed: 2020-03-24
Discuss with paid preparer: Yes

Preparer

Firm: Thomas W Stotesbery Ltd
Address: 705 S MILL ST, REDWOOD FALLS, MN 56283
Preparer: Thomas W Stotesbery
Phone: 5076375682

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising, signage, members 610 supplies 634 interest-van loan 525 liability, d&o insurance 3,207 non-investment depreciation 4,415 total 9,391”

Form 990-ez, Part II, Line 24

“21,845 21,845 less accumulated depreciation 7,127 11,542 total 14,718 10,303”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 17,927 11,606”

Form 990-ez, Part III

“To help young adults with disabilities become integrated members of the community by providing opportunities for social interaction, facilitating their employment opportunities, and providing logistical support for their daily living.”

Form 990-ez, Part III, Line 31

“The organization has leased a facility where young adults with disabilities can socially interact and receive assistance in employment opportunities and logistic support for their daily living.”

Raw XML Appendix144 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	RAMONA J HJERPE
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	3205872735
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	16503 673RD AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	HUTCHINSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	55350
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	57197
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	63367
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	9791
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	8076
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	11119
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	71915
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	73670
IRS990EZ/GrossReceiptsAmt	0	53772
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	176
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	43805
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	53988
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	62064
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	53988
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	62064
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	25186
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	RAMONA J HJERPE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	KURT H HJERPE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	ALEXANDRA EH SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	14718
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	10303
IRS990EZ/OtherExpensesTotalAmt	0	9391
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO HELP YOUNG ADULTS WITH DISABILITIES BECOME INTEGRATED MEMBERS OF THE COMMUNITY BY PROVIDING OPPORTUNITIES FOR SOCIAL INTERACTION, FACILITATING THEIR EMPLOYMENT OPPORTUNITIES, AND PROVIDING LOGISTICAL SUPPORT FOR THEIR DAILY LIVING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE ORGANIZATION HAS LEASED A FACILITY WHERE YOUNG ADULTS WITH DISABILITIES CAN SOCIALLY INTERACT AND RECEIVE ASSISTANCE IN EMPLOYMENT OPPORTUNITIES AND LOGISTIC SUPPORT FOR THEIR DAILY LIVING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	THE ORGANIZATION HAS LEASED A FACILITY WHERE YOUNG ADULTS WITH DISABILITIES CAN SOCIALLY INTERACT AND RECEIVE ASSISTANCE IN EMPLOYMENT OPPORTUNITIES AND LOGISTIC SUPPORT FOR THEIR DAILY LIVING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	35700
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	4415
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	17927
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	11606
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	45696
IRS990EZ/TotalProgramServiceExpensesAmt	0	40115
IRS990EZ/TotalRevenueAmt	0	53772
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	9791
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	63140
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	7515
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	80446
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	43981
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	29103
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	2406
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	75490
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	155936
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	53772
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	92243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	9921
IRS990ScheduleA/Total509Grp/TotalAmt	0	155936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	53772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	92243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	9921
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	155936
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING, SIGNAGE, MEMBERS 610 SUPPLIES 634 INTEREST-VAN LOAN 525 LIABILITY, D&O INSURANCE 3,207 NON-INVESTMENT DEPRECIATION 4,415 TOTAL 9,391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	21,845 21,845 LESS ACCUMULATED DEPRECIATION 7,127 11,542 TOTAL 14,718 10,303
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	UNSECURED NOTES AND LOANS PAYABLE 17,927 11,606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	TO HELP YOUNG ADULTS WITH DISABILITIES BECOME INTEGRATED MEMBERS OF THE COMMUNITY BY PROVIDING OPPORTUNITIES FOR SOCIAL INTERACTION, FACILITATING THEIR EMPLOYMENT OPPORTUNITIES, AND PROVIDING LOGISTICAL SUPPORT FOR THEIR DAILY LIVING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	THE ORGANIZATION HAS LEASED A FACILITY WHERE YOUNG ADULTS WITH DISABILITIES CAN SOCIALLY INTERACT AND RECEIVE ASSISTANCE IN EMPLOYMENT OPPORTUNITIES AND LOGISTIC SUPPORT FOR THEIR DAILY LIVING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	RAMONA J HJERPE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	MEGHAN'S PLACE INC
ReturnHeader/Filer/BusinessNameControlTxt	0	MEGH
ReturnHeader/Filer/EIN	0	822206564
ReturnHeader/Filer/PhoneNum	0	3205872735
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	261 3RD AVENUE NW
ReturnHeader/Filer/USAddress/CityNm	0	HUTCHINSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MN
ReturnHeader/Filer/USAddress/ZIPCd	0	55350
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	009DE9F1A3FDAF2C52CD3DCDE2FE0B6D997526F6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	009DE9F1A3FDAF2C52CD3DCDE2FE0B6D997526F6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	209.180.49.169
ReturnHeader/FilingSecurityInformation/IPDt	0	2020-03-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CD
ReturnHeader/FilingSecurityInformation/IPTm	0	16:45:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	411360686
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	THOMAS W STOTESBERY LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	705 S MILL ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	REDWOOD FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	56283
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5076375682
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2020-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	THOMAS W STOTESBERY
ReturnHeader/ReturnTs	0	2020-03-30T16:45:58-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-01-01
ReturnHeader/TaxPeriodEndDt	0	2019-12-31
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $73,670
Liabilities: $11,606
Net assets: $62,064
Revenue: $53,772
Expenses: $45,696
Net income: $8,076

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.30		$1.30	$0.80	$0.64	$0.16
2023Detailed filing. Detailed filing data is available for this year.	$1.14	$0.00	$1.14	$0.99	$0.65	$0.34
2022Detailed filing. Detailed filing data is available for this year.	$0.80	$0.00	$0.80	$0.71	$0.55	$0.16
2021Detailed filing. Detailed filing data is available for this year.	$0.96	$0.32	$0.64	$0.54	$0.51	$0.03
2020Detailed filing. Detailed filing data is available for this year.	$0.62	$0.00	$0.62	$0.51	$0.51	$0.00
2019Detailed filing. Detailed filing data is available for this year.	$0.74	$0.12	$0.62	$0.54	$0.46	$0.08
2018Detailed filing. Detailed filing data is available for this year.	$0.72	$0.18	$0.54	$0.92	$0.47	$0.46
2017Detailed filing. Detailed filing data is available for this year.	$0.30	$0.22	$0.08	$0.10	$0.02	$0.08