MEGS SMILE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

MEGS SMILE FOUNDATION INC

EIN 27-5163151 · Fund Raising & Fund Distribution - Medical Research (H12)

What they do

Provide Gifts And/or Fun Days to Children Affected By Serious Illnesses Who Are Treated In NC Hospitals. Our Mission is to Bring Smiles to The Faces of These Children and Their Families.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.06%of revenue went to mission work71.0% of expenses · Program services

23.35%of revenue went to fundraising24.7% of expenses

$94.43spent for every $100 of revenueRevenue covered expenses this year.

4.01%of revenue went to management and office costs4.3% of expenses

$2.42in assets for every $1 spent this yearSome assets cannot be spent right away.

95.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$216,317

Mission workProgram services$145,06467.06% of revenue71.0% of expenses

ManagementOffice and general costs$8,6854.01% of revenue4.3% of expenses

FundraisingAsking for donations$50,51423.35% of revenue24.7% of expenses

Revenue left after expensesReported annual surplus$12,0545.57% of revenueShown in gray on the chart

Total expenses$204,26394.43% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 71.0% mission · 4.3% management · 24.7% fundraisingTotal expenses: 94.43% of revenue

2023Expense mix: 67.4% mission · 7.5% management · 25.1% fundraisingTotal expenses: 95.65% of revenue

2022Expense mix: 73.0% mission · 2.5% management · 24.5% fundraisingTotal expenses: 74.38% of revenue

2021Expense mix: 56.4% mission · 4.1% management · 39.5% fundraisingTotal expenses: 82.03% of revenue

2020Expense mix: 90.7% mission · 8.5% management · 0.7% fundraisingTotal expenses: 136.87% of revenue

2019Expense mix: 72.1% mission · 4.6% management · 23.3% fundraisingTotal expenses: 75.58% of revenue

2018Expense mix: 66.5% mission · 4.9% management · 28.6% fundraisingTotal expenses: 76.71% of revenue

2017Expense mix: 68.0% mission · 2.5% management · 29.4% fundraisingTotal expenses: 88.77% of revenue

Money in and money out

Revenue$216,317

Expenses$204,263

Annual surplus $12,054 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$145,064 · 71.0% of expenses

Management and office costs$8,685 · 4.3% of expenses

Fundraising$50,514 · 24.7% of expenses

See all reported dollar amounts

Revenue$216,317

Expenses$204,263

Assets$494,138

Income$216,317

Contributions$206,399

Mission work (program services)$145,064

Fundraising$50,514

Grants given$10,000

Average grant$10,000

Management and general$8,685

Accounting fees$300

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

BOYCE HUDSONVICE CHAIRMAN

JAMES WASLEYCHAIRMAN/TREASURER

JAMIE OLIVERSECRETARY

MARY FUOTOBOARD MEMBER

PHILLIP PASSEYBOARD MEMBER

SEAN MAYEFSKIEBOARD MEMBER

THOMAS OBRIENBOARD MEMBER

About this charity

Recognized since: January 2011
Location: 105 Hickory Glen Lane, Holly Springs, NC 27540
County: Wake
In care of: James Wasley
Primary officer: James Wasley, Chairman/Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(919) 434-5050

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: SUSAN PHARES-ALDRICH CPA PLLC
NTEE classification: Fund Raising & Fund Distribution - Medical Research (H12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes