Megans Wings Inc
- Assets
- $899.6k
- Revenue
- $559.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Laguna Niguel, CA
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 56-2501762
Organization Overview
Megans Wings Inc is located in Laguna Niguel, CA. The organization was established in 2007. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Megans Wings Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Megans Wings Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Megans Wings Inc generated $559.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $261.1k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISING MONEY FOR PEDICATRIC CANCER RESEARCH AND TO SUPPORT PEDIATRIC CANCER PATIENT'S QUALITY OF LIFE AND THEIR FAMILIES IN CRISIS. MEGAN'S WINGS ALSO ADVOCATES RAISING AWARENESS OF PEDIATRIC CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH DONATIONS WERE GIVEN TO ASSIST SOME INSTITUTIONS IN PROVIDING CARE TO PEDIATRIC CANCER PATIENTS.
FINANCIAL SUPPORT WAS PROVIDED FOR 194 INDIGENT FAMILIES OF PEDIATRIC CANCER PATIENTS
ITEMS WERE PURCHASED FOR USE IN PEDIATRIC CANCER WARDS IN SEVERAL HOSPITALS
THE ORGANIZATION CREATED PUBLIC AWARENESS OF PEDIATRIC CANCER AND THE NEED FOR FINANCIAL SUPPORT FOR RESEARCH AND FOR FAMILIES IN CRISIS THROUGH A 1K AND 5K RACE AND THE ESTABLISHMENT OF A MEMORIAL GARDEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly K Savage President | Officer | $0 | |
David W Savage Treasurer | Officer | $0 | |
Kristin Savage Secretary | Officer | $0 | |
Cameron Savage Director | Trustee | $0 | |
Laura O'connell Director | Trustee | $0 | |
Chuck Atha Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $54,723 |
| Related organizations | $0 |
| Government grants | $41,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,182 |
| Noncash contributions included in lines 1a–1f | $53,845 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,905 |
| Total Program Service Revenue | $11,224 |
| Investment income | $13,981 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $213,067 |
| Net Income from Fundraising Events | $20,499 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $559,676 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,605 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,810 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,874 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,838 |
| Fees for services: Other | $392 |
| Advertising and promotion | $1,929 |
| Office expenses | $3,356 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,856 |
| Travel | $4 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,279 |
| Insurance | $550 |
| All other expenses | $63,431 |
| Total functional expenses | $261,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,182 |
| Savings and temporary cash investments | $9,111 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $833,348 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $899,641 |
| Accounts payable and accrued expenses | $22,225 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,225 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $877,416 |
| Total liabilities and net assets/fund balances | $899,641 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Megans Wings Inc has recieved totaling $6,603.
| Awarding Organization | Amount |
|---|---|
James L White Foundation Palm Desert, CA PURPOSE: GENERAL GIFT | $5,000 |
Steffen Foundation Wildomar, CA PURPOSE: HEALTH & WELFARE | $1,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $503 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cityserve Network Bakersfield, CA | $4,069,087 | $94,473,161 |
Movement Strategy Center Oakland, CA | $26,305,991 | $30,747,629 |
Casa De Los Ninos Inc Tucson, AZ | $25,293,755 | $23,382,073 |
Woodcraft Rangers Los Angeles, CA | $7,179,034 | $18,872,695 |
Californians Dedicated To Education Foundation San Francisco, CA | $5,632,923 | $12,853,124 |
Coalition For Responsible Community Development Los Angeles, CA | $20,510,086 | $22,552,371 |
Young Community Developers San Francisco, CA | $10,175,438 | $17,514,811 |
Community Youth Center Of San Francisco San Francisco, CA | $17,880,445 | $17,282,098 |
Kupu Honolulu, HI | $10,299,309 | $11,230,476 |
Kids Unlimited Of Oregon Medford, OR | $20,008,929 | $11,933,756 |
Hunters Point Family San Francisco, CA | $3,079,045 | $12,434,856 |
Alliance For A Healthier Generation Inc Portland, OR | $19,826,978 | $16,732,492 |