Meg's House EIN 57-0904064 Form 990 (PDF) Claim this org

Meg's House

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Offers housing and support to end domestic violence and homelessness. For fiscal year 2024 it reported $1.1M in revenue, $1.1M in expenses, and $515K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Greenwood, SC
Website
megshouse.org
Filings
5 on file (2020–2024)
Revenue
$1.1MFY2024
Expenses
$1.1M
Net assets
$515K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  57-0904064 Public charity (501(c)(3)) Greenwood, SC
Form 990 (PDF)
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Size
$1–10M
What they do
Offers housing and support to end domestic violence and homelessness.
Leadership
Alice Hodges · Executive Di · $107K
Money in and out
$1.1M revenue, $1.1M expenses
Bottom line
85% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$10K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program efficiency
85%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
3.8mo
months of highly liquid reserves at operating expense rate▲ +15% vs prior filing year
Surplus margin
-0.9%
revenue over expenses, this year▼ -110% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▼ -19%
Expenses
$1.1M
FY2024▼ -10%
Total assets
$515K
FY2024▼ -1%
Total liabilities
$0
FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$10K
Total assetsPt X · Ln 16$515K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMeg's House
EINHdr · item D57-0904064
Principal addressHdr · item CGreenwood, SC
WebsiteHdr · item Jmegshouse.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P430)
Ruling yearIRS BMFApr 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$106,506Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Alice Hodges’s $107K as Executive Di is at the 41st percentile of top reported officer pay among 3864 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Alice Hodges$106,506$90,460$93,564$80,671$79,872

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $940K of program spending, described in the organization's own filed words · FY2024.
01

Meg's House Provides the Following Services

-emergency shelter and transitional housing -food and clothing -counseling (individual, group, children's, and career -referrals to other social service agencies -legal advocacy -self-esteem support -transportation -case management -computer, parenting, and basic life skills classes

$624Kprogram expense
02

Impact is a permanent housing program for chronically homeless individuals with disabilities. This program is designed to help those who -are single or unattached -have a disability -are currently staying in an emergency shelter or on the street -have been literally homeless for one year or homeless four times in the past three years…

$261Kprogram expense
03

Games (greenwood, abbeville, mccormick, edgefield, saluda) is a temporary one-year transitional program that assists homeless families. This program is designed to help those -living on the street -staying in an emergency shelter -fleeing or attempting to flee domestic violence

$55Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 98%
Other revenue$18K · 2%
Contributions & grants98%$1.1M
Other revenue2%$18K
Investment income$375
— government grantsLn 1e$879K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program services85%$959K
Management & general13%$145K
Fundraising2%$20K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$347K
Total assetsLn 16$515K
Total liabilitiesLn 26$0
Total net assetsLn 32$515K
Months of cash on handcomputed3.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $347K · Operating expenses (Pt IX) $1.1M · Less non-cash grants $22K · Cash operating expenses/yr $1.1M
3.8 months
Where the money goes
Program services
Program services $959K · Total expenses $1.1M
85%
Management & General
Management & general $145K · Total expenses $1.1M
13%
Fundraising
Fundraising $20K · Total expenses $1.1M
2%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $128K
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
98%
Government reliance
Government grants $879K · Total revenue $1.1M
79%
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $375 · Total revenue $1.1M
+0.03%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.1M
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.4M
-19%
Revenue CAGR
FY2020 $1.2M · FY2024 $1.1M
-1%
Net-asset trend (YoY)
End of year $515K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.1M
-0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $515K
Net-asset ratio
Net assets $515K · Total assets $515K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $515K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alice Hodges · Reported title EXECUTIVE DI · Highest reported compensation $107K · Total expenses $1.1M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $598K · Total expenses $1.1M
53%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 13%
Fundraising cost ratio 2%
Revenue growth -19%
Accounting fee ratio 1.0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$4K
Grants paid · 19 grants · $2.5M · 2020–2024
Unitemized GrantFY2024$261,021
Unitemized GrantFY2024$82,356
Unitemized GrantFY2024$54,743
Unitemized GrantFY2023$272,873
Unitemized GrantFY2023$105,618
Unitemized GrantFY2023$68,823
Unitemized GrantFY2023$36,683
Unitemized GrantFY2022$167,817
Unitemized GrantFY2022$159,106
Unitemized GrantFY2022$148,228
Unitemized GrantFY2022$31,111
Unitemized GrantFY2021$187,983
Unitemized GrantFY2021$169,129
Unitemized GrantFY2021$164,607
Unitemized GrantFY2021$64,928
Unitemized GrantFY2020$154,856
Unitemized GrantFY2020$152,031
Unitemized GrantFY2020$133,773
See all 19 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$1.4M revenue · ⤓ 990 PDF
FY2021$1.3M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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