Megagpo Inc is located in Millis, MA. The organization was established in 2006. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Megagpo 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 06/2022, Megagpo Inc generated $95.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $80.8k during the year ending 06/2022. While expenses have increased by 2.7% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE GYMNASTIC PROGRAM INCURS MISC. PROGRAM EXPENSES INCLUDING SPECIAL TRAINING, ADMIN, MEET ENTRY FEES, USAG MEMBERSHIP RENEWAL FEES, TEAM UNIFORMS AND COACHES TRAVEL ON BEHALF OF ALL 53 TEAM MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Mccarthy President | 5 | $0 | |
Amy Garcia Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,340 |
| Investment income | $0 |
| Gain or Loss | $20 |
| Net Income from Gaming & Fundraising | $69,598 |
| Other Revenue | $0 |
| Total Revenue | $94,958 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $685 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,158 |
| Total expenses | $80,843 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,913 |
| Other assets | $0 |
| Total assets | $65,861 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,861 |