Meg Foundation EIN 82-3010153

Meg Foundation

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Empowers people to prevent and relieve pain using science, technology, and design. For fiscal year 2025 it reported $464K in revenue, $439K in expenses, and $58K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Denver, CO
Website
www.megfoundationforpain.org
Filings
6 on file (2020–2025)
Revenue
$464KFY2025
Expenses
$439K
Net assets
$58K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  82-3010153 Public charity (501(c)(3)) Denver, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers people to prevent and relieve pain using science, technology, and design.
Leadership
Jody Thomas · CEO · $130K
Money in and out
$464K revenue, $439K expenses
Bottom line
70% program efficiency
Where the money goes · FY2025
Total revenue
$464K
Pt VIII · Ln 12
Total expenses
$439K
Pt IX · Ln 25
Net assets
$58K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.15 Fundraising $0.15
Program efficiency
70%
of spending reaches programs▲ +115% vs prior filing year
Operating runway
1.8mo
months of highly liquid reserves at operating expense rate▲ +80% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +108% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$464K
FY2025▲ +94%
Expenses
$439K
FY2025▲ +12%
Total assets
$59K
FY2025▲ +77%
Total liabilities
$725
FY2025
Total revenue
$464K
Pt VIII · Ln 12
Total expenses
$439K
Pt IX · Ln 25
Net assets
$58K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25K
Total assetsPt X · Ln 16$59K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $306K of program spending, described in the organization's own filed words · FY2025.
01

The Meg Foundation develops and distributes free, evidence-based pain management resources for families, health care providers, and organizations worldwide through its website. In 2025, the Foundation expanded global reach through transaction initiatives, strategic partnerships with health care systems, and continued development of new…

$306Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMeg Foundation
EINHdr · item D82-3010153
Principal addressHdr · item CDenver, CO
WebsiteHdr · item Jwww.megfoundationforpain.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E50)
Ruling yearIRS BMFOct 2017

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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$129,808Pt VII · Sec A
$86,539Pt VII · Sec A
$7,536Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jody Thomas’s $130K as CEO is at the 91st percentile of top reported officer pay among 1966 $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 · 4 named individuals · Part VII

NameFY2025FY2024
Jody Thomas$129,808
Jody Thomas$122,019
Leslie Lipscomb$86,539
Amber Sutter$7,536

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 & grants101%$467K
Total revenueLn 12$464K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.15 Fundraising $0.15
Program services70%$306K
Management & general15%$65K
Fundraising15%$67K
Total functional expensesLn 25$439K

Balance Sheet

Part X · end of year
CashLn 1$59K
Total assetsLn 16$59K
Total liabilitiesLn 26$725
Total net assetsLn 32$58K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $59K · Operating expenses (Pt IX) $439K · Less non-cash grants $53K · Cash operating expenses/yr $386K
1.8 months
Where the money goes
Program services
Program services $306K · Total expenses $439K
70%
Management & General
Management & general $65K · Total expenses $439K
15%
Fundraising
Fundraising $67K · Total expenses $439K
15%
Cost to raise $1
Fundraising expense (3-yr avg) $33K · Solicited contributions (3-yr avg) $351K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $467K · Total revenue $464K
101%
Government reliance
Government grants — · Total revenue $464K
Earned-income share
Program service revenue $0 · Total revenue $464K
0%
Investment reliance
Investment income $0 · Total revenue $464K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $439K
0%
Growth & trend
Revenue growth (YoY)
This year $464K · Prior year $239K
+94%
Revenue CAGR
FY2020 $68K · FY2025 $464K
+47%
Net-asset trend (YoY)
End of year $58K · Beginning of year $33K
+75%
Balance sheet
Surplus Margin
Revenue $464K · Expenses $439K
+5%
Liabilities-to-Assets
Total liabilities $725 · Total assets $59K
1%
Net-asset ratio
Net assets $58K · Total assets $59K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $59K
0%
People & payroll
Highest Reported Total Compensation
Individual Jody Thomas · Reported title CEO · Highest reported compensation $130K · Total expenses $439K
30%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $244K · Total expenses $439K
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 15%
Fundraising cost ratio 14%
Revenue growth 94%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$68K

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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)$464K revenue · viewing · ⤓ 990 PDF
FY2024$239K revenue · ⤓ 990 PDF
FY2023$348K revenue · ⤓ 990 PDF
FY2022$142K revenue · ⤓ 990 PDF
FY2021$234K revenue · ⤓ 990 PDF
FY2020$68K 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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