Civic Intelligence

Meggs Foundation II Inc

EIN 87-1194100 • 501(c)3 • Charlotte, NC

Profile

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.

9935D Rea Rd Unit 504Charlotte, NC 28277-1329

www.themeggsfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

40th percentile

-2.6%

Higher net margin than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-4.6%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

7.3%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$69,357

Up $12,178 (+21%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$69,357

Up $12,178 (+21%) from 2024

Operations
Liabilities / Revenue61st percentileNet Margin40th percentile

Revenue

Up

$140,377

Up $35,298 (+34%) from 2024

Expenses

Up

$128,199

Up $20,392 (+19%) from 2024

Net Income

Up

$12,178

Up $14,906 (+546%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2022: $55,603Net Assets 2022: $64,6382022Assets 2023: $59,907Net Assets 2023: $59,9072023Assets 2024: $57,179Liabilities 2024: $0Net Assets 2024: $57,1792024Assets 2025: $69,357Net Assets 2025: $69,3572025

Highlighted filing

2025

Assets$69,357
Liabilities-
Net Assets$69,357
Open 2025 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $109,000Expenses 2022: $72,469Net Income 2022: $36,5312022Revenue 2023: $97,955Expenses 2023: $105,594Net Income 2023: -$7,6392023Revenue 2024: $105,079Expenses 2024: $107,807Net Income 2024: -$2,7282024Revenue 2025: $140,377Expenses 2025: $128,199Net Income 2025: $12,1782025

Highlighted filing

2025

Revenue$140,377
Expenses$128,199
Net Income$12,178
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$69,357
Liabilities
-
Net assets
$69,357
Revenue
$140,377
Expenses
$128,199
Net income
$12,178
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.69$0.69$1.40$1.28$0.12
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$1.05$1.08$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.60$0.60$0.98$1.06$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.56$0.65$1.09$0.72$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 11, 2026
Return Version
2025v4.0
Gross Receipts
$173,600
Mission and Program Overview

Mission

The Meggs Foundation LLC is a non-profit organization established for the purpose of providing supportive resources for young adults and families in the Charlotte community suffering from life-threatening medical conditions.

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.

Program Services

DescriptionGrantsExpenses
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.$116,809$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John RaglandPresident-$0--
Richard GreenhagenVice President-$0--
Kate LeeSecretary-$0--
Steven MyersTreasurer-$0--
Gunnel GreenhagenDirector-$0--
Jeff LeeDirector-$0--
Chip BuskerDirector-$0--
Rusty KoppDirector-$0--
Kathy RaglandDirector-$0--
Jordan FloydDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Meggs Golf Tournament$92,295$92,295$0$92,295
Event 2$0$0$0$0
Total Events$92,295$92,295$33,223$59,072
Filing and Contact Details

Filer

Filer Name
Meggs Foundation II Inc
EIN
87-1194100
Address
9935D REA RD UNIT 504, Charlotte, NC 28277-1329

Signing Officer

Name
Steven Myers
Title
Treasurer
Phone
7046516045
Signed
2026-03-11
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Bank merchant charges software application promotional and website hosting costs., $7381| Grants awarded to cancer patients during their period of cancer treatments., $116809|”

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

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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Bank merchant charges software application promotional and website hosting costs., $7381| Grants awarded to cancer patients during their period of cancer treatments., $116809|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Steven Myers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07046516045
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Meggs Foundation II Inc
ReturnHeader/Filer/BusinessNameControlTxt0MEGG
ReturnHeader/Filer/EIN0871194100
ReturnHeader/Filer/ForeignPhoneNum07046516045
ReturnHeader/Filer/USAddress/AddressLine1Txt09935D REA RD UNIT 504
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0282771329
ReturnHeader/ReturnTs02026-03-10T07:52:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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