Circle of Lovers of the Holy Megillah

EIN: 861657031 501(c)(3) Religion

Florence, OR

Total Revenue
$82,272
Total Expenses
$87,417
Total Assets
$812,009
Net Assets
$812,009
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
OR
Principal Officer
Dave Owen
Phone
5419913080
Tax Period
2022-01-01 to 2022-12-31

Circle of Lovers of the Holy Megillah, founded in 2020, is a micro nonprofit in the Religion sector that reported $82K in total revenue in fiscal year 2022. Revenue fell 23% from the prior year — a significant decline worth monitoring. Net assets of $812K represent 118 months of operating reserves.

Mission

"(1) To operate as a church and provide spiritual services and opportunities for spiritual fellowship to the members of our church.See continued mission statement in schedule O.(2) To keep The Holy Megillah: Nasarean Bible of The Essene Way, in print and widely distributed with the intention of thereby blessing the world. (3) To facilitate the spiritual study and spiritual practice of the spiritual teachings found in The Holy Megillah: Nasarean Bible of The Essene Way by operating a school known as the Essene Mountain of Peace Mystery School: The Academy of Higher Learning.(4) To provide opportunities for those persons that love The Holy Megillah: Nasarean Bible of The Essene Way, and consider it their preferred holy scripture, to fellowship with one another in joyous celebration and worship, both online and in person by operating a church known as the International Congregation of Nasarean Church of The Essene Way."

Program Service Accomplishments

Program 1
Expenses: $87,417 Revenue: $23,913

RELIGIOUS SERVICES: The Circle of Lovers of the Holy Megillah shares the spiritual teachings of the Essene Way, in many various ways. The Circle of Lovers of the Holy Megillah provides weekly and...

Read more

RELIGIOUS SERVICES: The Circle of Lovers of the Holy Megillah shares the spiritual teachings of the Essene Way, in many various ways. The Circle of Lovers of the Holy Megillah provides weekly and monthly services that are attended by in person parishioners and by Zoom broadcast. The weekly and monthly service is approximately 90 minutes long and includes readings from multiple people from the followed scripture, The Holy Megillah. Following the shared readings, there is commentary or a sermon from those that lead the scripture reaching, and a sermon from the Senior Priest, Day Owen. A moment for prayers follows the sermon and teachings, and then religious music is played and shared with the congregation by live musicians. Circle of Lovers of the Holy Megillah also sells spiritual books and materials in it's facility, located in Florence, Oregon. In addition to the weekly and monthly spiritual services, Circle of Lovers of the Holy Megillah sends out a monthly spiritual newsletter, titled ""Omnah Announcements"", which discusses current events that are relevant to the community and spiritual teachings of the Essene Way, and also includes short translations or spiritual teachings from the Essene Way. Circle of Lovers of the Holy Megillah also offers a weekly 'Essene Yoga' classes led by the Senior Priest, Day Owen. These are administered as an extended activity of the Circle of Lovers through the Lighthouse Spiritual Center for church members and interested people. There is a suggested donation of $5 per session for these classes.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $58,356
Program Service Revenue $0
Investment Income $3
Other Revenue $23,913
TOTAL REVENUE $82,272

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,048
Fundraising Expenses $0
Program Expenses $87,417
Other Expenses $70,369
TOTAL EXPENSES $87,417

Year-over-Year Comparison

2022 2021 Change
Revenue $82,272 $107,164 -0.2%
Expenses $87,417 $50,268 +0.7%
Net Income $-5,145 $56,896 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dave Owen President 1.00
Officer Director
$0 $0 $0
Hewale Innis Secretary 1.00
Officer Director
$0 $0 $0
Phoebe Lowry Vice President 1.00
Officer Director
$0 $0 $0
Joe Lukens Treasurer 1.00
Officer Director
$0 $0 $0
Terrance Spencer Board Member 1.00
Director
$0 $0 $0
Terese Nielsen Board Member 1.00
Director
$0 $0 $0
Michele Obezo Board Member 1.00
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
2022 $82,272 $87,417 $812,009 $-5,145
2021 $107,164 $50,268 $817,154 $56,896
2020 $760,258 No data $760,258 No data
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Circle of Lovers of the Holy Megillah with other nonprofits in Oregon and across the country.