Mega Social Enterprise

EIN: 822479345 501(c)(3) Human Services

Gainesville, FL

Total Revenue
$353,598
Total Expenses
$451,374
Total Assets
$2,188,863
Net Assets
$2,164,261
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
FL
Phone
3528774666
Tax Period
2024-01-01 to 2024-12-31

Mega Social Enterprise, founded in 2017, is a small nonprofit in the Human Services sector that reported $354K in total revenue in fiscal year 2024. Expenses of $451K exceeded revenue, resulting in a 28% operating deficit.

Mission

FAITH-BASED DEDICATION TO PROVIDING VOCATIONAL, EDUCATION, AND SOCIAL SERVICES TO THOSE IN NEED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $353,474
Program Service Revenue $0
Investment Income $124
Other Revenue $0
TOTAL REVENUE $353,598

Expense Breakdown

Grants Paid $0
Salaries & Benefits $215,764
Fundraising Expenses $0
Program Expenses $383,670
Other Expenses $235,610
TOTAL EXPENSES $451,374

Year-over-Year Comparison

2024 2023 Change
Revenue $353,598 $372,002 0.0%
Expenses $451,374 $413,298 +0.1%
Net Income $-97,776 $-41,296 +1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
9
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$186,346
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYDIA BOGANS CEO 40.00
Director
$186,346 $0 $186,346
Joyce Welch Director 0.00
Director
$0 $0 $0
Tyron Jones Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $353,598 $451,374 $2,188,863 $-97,776
2023 $372,002 $413,298 $2,284,703 $-41,296
2022 $761,427 $566,447 $2,384,519 $194,980
2021 $1,446,033 $664,987 $1,990,632 $781,046
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