Mission Regan INC EIN 80-0860021 Form 990 (PDF) Claim this org

Mission Regan INC

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Distribute surplus medical supplies to those who need them, locally and worldwide. For fiscal year 2025 it reported $557K in revenue, $550K in expenses, and $471K in net assets.Pt I

Founded
2013
Type
Public charity (501(c)(3)) · Health Care
Location
McKinney, TX
Website
www.missionregan.com
Filings
6 on file (2020–2025)
Revenue
$557KFY2025
Expenses
$550K
Net assets
$471K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  80-0860021 Public charity (501(c)(3)) McKinney, TX Founded 2013
Form 990 (PDF)
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Size
$100K–1M
What they do
Distribute surplus medical supplies to those who need them, locally and worldwide.
Leadership
Joshua Willis · Executive Director · $61K
Money in and out
$557K revenue, $550K expenses
Bottom line
0% program efficiency
Where the money goes · FY2025
Total revenue
$557K
Pt VIII · Ln 12
Total expenses
$550K
Pt IX · Ln 25
Net assets
$471K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
6.9mo
months of highly liquid reserves at operating expense rate▼ -13% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▲ +169% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$557K
FY2025▲ +10%
Expenses
$550K
FY2025▲ +6%
Total assets
$471K
FY2025▲ +1%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$557K
Pt VIII · Ln 12
Total expenses
$550K
Pt IX · Ln 25
Net assets
$471K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$471K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMission Regan INC
EINHdr · item D80-0860021
Principal addressHdr · item CMcKinney, TX
WebsiteHdr · item Jwww.missionregan.com
Year of formationHdr · item L2013
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E70)
Ruling yearIRS BMFNov 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$61,280Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Joshua Willis’s $61K as Executive Director is at the 46th percentile of top reported officer pay among 1965 $100K–1M health care 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Joshua Willis$61,280$64,054$55,453$54,575$54,892$59,532

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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Statement of Revenue

Part VIII
Contributions & grants$457K · 82%
Other revenue$95K · 17%
Investment income$5K · 1%
Contributions & grants82%$457K
Other revenue17%$95K
Investment income1%$5K
Total revenueLn 12$557K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$550K
Total functional expensesLn 25$550K

Balance Sheet

Part X · end of year
CashLn 1$317K
Total assetsLn 16$471K
Total liabilitiesLn 26$0
Total net assetsLn 32$471K
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $317K · Operating expenses/yr $550K
6.9 months
Where the money goes
Program services
Program services $0 · Total expenses $550K
0%
Management & General
Management & general $550K · Total expenses $550K
100%
Fundraising
Fundraising $0 · Total expenses $550K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $385K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $457K · Total revenue $557K
82%
Government reliance
Government grants — · Total revenue $557K
Earned-income share
Program service revenue $0 · Total revenue $557K
0%
Investment reliance
Investment income $5K · Total revenue $557K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $550K
0%
Growth & trend
Revenue growth (YoY)
This year $557K · Prior year $508K
+10%
Revenue CAGR
FY2020 $496K · FY2025 $557K
+2%
Net-asset trend (YoY)
End of year $471K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $557K · Expenses $550K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $471K
Net-asset ratio
Net assets $471K · Total assets $471K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $471K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joshua Willis · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $61K · Total expenses $550K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $157K · Total expenses $550K
29%
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Revenue growth 10%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$106K

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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
FY2025 (Latest)$557K revenue · viewing · ⤓ 990 PDF
FY2024$508K revenue · ⤓ 990 PDF
FY2023$517K revenue · ⤓ 990 PDF
FY2022$393K revenue · ⤓ 990 PDF
FY2021$468K revenue · ⤓ 990 PDF
FY2020$496K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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