Civic Intelligence

Meedan Inc.

990 • Fiscal year 2017 • EIN 20-4504068

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 06, 2018

Organization Profilemeedan.com
1355 Market StreetSan Francisco, CA 94103

(415) 885-9000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.47x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

0.10x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

14th percentile

-19%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

81st percentile

$138,412

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

2nd percentile

-47%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

49%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$254,396

Down $228,444 (-47%) from 2016

Net Assets

Down

$135,999

Down $232,335 (-63%) from 2016

Liabilities

Up

$118,397

Up $3,891 (+3.4%) from 2016

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin14th percentile

Revenue

Up

$1,229,326

Up $403,443 (+49%) from 2016

Expenses

Up

$1,461,661

Up $286,877 (+24%) from 2016

Net Income

Up

-$232,335

Up $116,566 (+33%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $247,525Liabilities 2010: $174,258Net Assets 2010: $73,2672010Assets 2011: $1,120,765Liabilities 2011: $121,786Net Assets 2011: $998,9792011Assets 2012: $1,429,550Liabilities 2012: $231,571Net Assets 2012: $1,197,9792012Assets 2013: $700,931Liabilities 2013: $178,647Net Assets 2013: $522,2842013Assets 2014: $1,816,777Liabilities 2014: $214,337Net Assets 2014: $1,602,4402014Assets 2015: $841,898Liabilities 2015: $124,663Net Assets 2015: $717,2352015Assets 2016: $482,840Liabilities 2016: $114,506Net Assets 2016: $368,3342016Assets 2017: $254,396Liabilities 2017: $118,397Net Assets 2017: $135,9992017Assets 2018: $796,831Liabilities 2018: $205,809Net Assets 2018: $591,0222018Assets 2019: $1,466,822Liabilities 2019: $512,698Net Assets 2019: $954,1242019Assets 2020: $1,488,808Liabilities 2020: $459,629Net Assets 2020: $1,029,1792020Assets 2021: $3,162,332Liabilities 2021: $316,678Net Assets 2021: $2,845,6542021Assets 2022: $3,741,345Liabilities 2022: $486,064Net Assets 2022: $3,255,2812022Assets 2023: $4,739,525Liabilities 2023: $681,413Net Assets 2023: $4,058,1122023Assets 2024: $4,006,129Liabilities 2024: $140,400Net Assets 2024: $3,865,7292024

Highlighted filing

2017

Assets$254,396
Liabilities$118,397
Net Assets$135,999
Open 2017 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $751,211Expenses 2010: $716,172Net Income 2010: $35,0392010Revenue 2011: $1,693,246Expenses 2011: $767,534Net Income 2011: $925,7122011Revenue 2012: $1,321,259Expenses 2012: $1,132,259Net Income 2012: $189,0002012Revenue 2013: $688,400Expenses 2013: $1,374,095Net Income 2013: -$685,6952013Revenue 2014: $1,941,564Expenses 2014: $871,408Net Income 2014: $1,070,1562014Revenue 2015: $175,530Expenses 2015: $1,060,735Net Income 2015: -$885,2052015Revenue 2016: $825,883Expenses 2016: $1,174,784Net Income 2016: -$348,9012016Revenue 2017: $1,229,326Expenses 2017: $1,461,661Net Income 2017: -$232,3352017Revenue 2018: $1,793,196Expenses 2018: $1,338,173Net Income 2018: $455,0232018Revenue 2019: $2,957,861Expenses 2019: $2,594,759Net Income 2019: $363,1022019Revenue 2020: $3,654,499Expenses 2020: $3,579,444Net Income 2020: $75,0552020Revenue 2021: $5,379,293Expenses 2021: $3,562,818Net Income 2021: $1,816,4752021Revenue 2022: $5,777,533Expenses 2022: $5,367,906Net Income 2022: $409,6272022Revenue 2023: $7,679,114Expenses 2023: $6,876,283Net Income 2023: $802,8312023Revenue 2024: $6,701,023Expenses 2024: $6,893,406Net Income 2024: -$192,3832024

Highlighted filing

2017

Revenue$1,229,326
Expenses$1,461,661
Net Income-$232,335
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.2
Gross Receipts
$1,229,326
Mission and Program Overview

Mission

Meedan designs/develops open source software, leads monitoring projects, produces assessment standards, and conducts trainings in support of global digital journalism, human rights media investigations, and digital media verification.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$102,976$141,549▲ $38,573
Accounts Receivable$138,650$51,009▼ $87,641
Savings and Temporary Cash Investments$120,291$45,517▼ $74,774
Prepaid Expenses and Deferred Charges$31,360$10,651▼ $20,709
Pledges and Grants Receivable$88,646$5,670▼ $82,976
Land, Buildings, and Equipment, Net$917--
Total Assets$482,840$254,396▼ $228,444
Liabilities
Accounts Payable and Accrued Expenses$106,803$118,397▲ $11,594
Deferred Revenue$7,703--
Total Liabilities$114,506$118,397▲ $3,891
Net Assets / Fund Balance
Temporarily Rstr Net Assets$369,081$440,575▲ $71,494
Unrestricted Net Assets$-747$-304,576▼ $303,829
Total Net Assets Fund Balance$368,334$135,999▼ $232,335
Total Liabilities and Net Assets / Fund Balance$482,840$254,396▼ $228,444

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,000$3,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ed BiceBoard ChairCEOFT$117,112$21,300$138,412

Board Members and Trustees

NameTitle
Tim HwangMember
Zeynep TufeckiMember
Hanan HeikalSecretary
Jon CorshenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Karim RatibEngineering2637 Balaclava Street, Vancouver BC, Ca$124,400
Revenue and Support

Revenue Composition

Contributions and Grants
$793,499
Program Service Revenue
$435,720
Investment Income
$107
Other Revenue
$0
All Other Contributions
$627,761
Change in Net Assets
$-232,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$770,482
Salaries, Compensation, and Employee Benefits$691,179
Total Fundraising Expense$1,380
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$568,184$1,300-$569,484
Other Salaries and Wages$463,946$550-$464,496
Current Officers, Directors, Trustees, and Key Employees$138,412--$138,412
Travel$59,153$24-$59,177
Fees for Services Accounting$11,175$37,447-$48,622
Payroll Taxes$45,051$43-$45,094
Other Employee Benefits$43,107$70-$43,177
Occupancy$33,184$12$1,000$34,196
Information Technology$26,301$2$380$26,683
Insurance$7,648$5,889-$13,537
Office Expenses$7,708$276-$7,984
Other Expenses$1,810$5,370-$5,370
Fees for Services Legal$2,599--$2,599
Depreciation Depletion$917--$917
Conferences and Meetings$100--$100
Total Functional Expenses$1,409,295$50,986$1,380$1,461,661
International Activity

International Summary

Offices
2
Employees
12
Spending
$521,129

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram servicesSee Part V-6$180,717
South AmericaProgram servicesSee Part V13$153,022
North America Not the United StatesProgram servicesSee Part V11$124,400
Europe including Iceland and GreenlandProgram servicesSee Part V-2$62,990
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The Meedan Board of Directors is presented with the DRAFT 990 in electronic form and a vote is taken to approve the DRAFT 990. The final 990 is then distributed to the Meedan Board of Directors in electronic form.”

Conflict of interest policy compliance Part VI line 12C

“At each contracting event, the Meedan Board of Directors is informed of any potential conflict of interest. If the Board determines there is a conflict of interest it will deliberate on this matter, excluding from deliberations and voting any Board of Directors member participating in this conflicted interest.”

CEO executive director top management comp Part VI line 15A

“The CEOs original contract with the Organization was evaluated by the Board of Directors with a review of the commensurate compensation in 2006. It was evaluated again in 2016.”

Other officer or key employee compensation Part VI line 15B

“All key employees are offered contracts that use Glassdoor or similiar job compensation data to determine appropriate compensation.”

Governing documents etc available to public Part VI line 19

“The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Meedan Inc
EIN
20-4504068
Address
1355 Market Street, San Francisco, CA 94103

Signing Officer

Name
Ed Bice
Title
CEO
Phone
4158859000
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Bice
Formed
2006
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
6

Preparer

Firm
Donna Cohen CPA
Address
1116 Lincoln Avenue, San Rafael, CA 94901
Preparer
Donna Cohen
Phone
4154578770
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

“Credibility Coalition and Pop-Up Newsroom programs were both launched in 2017. Credibility Coalition is working to develop, test and deploy third party credibility indicators. Pop-Up Newsroom was launched as world-wide monitoring and training efforts. Refer to Program Service Accomplishments, page 2, for further detail.”

List of other fees for services expenses Part IX line 11G

“Other fees for service expenses are contractor payments for Software Design and Engineering.”

Raw XML AppendixShowing 400 of 418 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1153022
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt262990
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt3180717
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0North America Not the United States
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1South America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2Europe including Iceland and Greenland
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3Middle East and North Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0See Part V
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1See Part V
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2See Part V
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3See Part V
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3Program services
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IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt0521129
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Part I Line 3: Program service activities in all regions described in this section involved program management, software, engineering, software engineering and research/evaluation.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Supplemental Information (Part V, Other)
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IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalSpentAmt0521129
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Meedan Board of Directors is presented with the DRAFT 990 in electronic form and a vote is taken to approve the DRAFT 990. The final 990 is then distributed to the Meedan Board of Directors in electronic form.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At each contracting event, the Meedan Board of Directors is informed of any potential conflict of interest. If the Board determines there is a conflict of interest it will deliberate on this matter, excluding from deliberations and voting any Board of Directors member participating in this conflicted interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The CEOs original contract with the Organization was evaluated by the Board of Directors with a review of the commensurate compensation in 2006. It was evaluated again in 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All key employees are offered contracts that use Glassdoor or similiar job compensation data to determine appropriate compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Credibility Coalition and Pop-Up Newsroom programs were both launched in 2017. Credibility Coalition is working to develop, test and deploy third party credibility indicators. Pop-Up Newsroom was launched as world-wide monitoring and training efforts. Refer to Program Service Accomplishments, page 2, for further detail.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other fees for service expenses are contractor payments for Software Design and Engineering.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01380
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050986
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01409295
IRS990/TotalFunctionalExpensesGrp/TotalAmt01461661
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IRS990/TravelGrp/ProgramServicesAmt059153
IRS990/TravelGrp/TotalAmt059177
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IRS990/WebsiteAddressTxt0http://meedan.com
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Ed Bice
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04158859000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Meedan Inc
ReturnHeader/Filer/BusinessNameControlTxt0MEED
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ReturnHeader/Filer/USAddress/AddressLine1Txt01355 Market Street
ReturnHeader/Filer/USAddress/CityNm0San Francisco
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Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$254,396
Liabilities
$118,397
Net assets
$135,999
Revenue
$1,229,326
Expenses
$1,461,661
Net income
-$232,335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$0.14$3.87$6.70$6.89$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$0.68$4.06$7.68$6.88$0.80
2022Detailed filing. Detailed filing data is available for this year.$3.74$0.49$3.26$5.78$5.37$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$0.32$2.85$5.38$3.56$1.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.46$1.03$3.65$3.58$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.51$0.95$2.96$2.59$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.21$0.59$1.79$1.34$0.46
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.12$0.14$1.23$1.46$0.23
2016Summary only. Only limited summary data is available for this year.$0.48$0.11$0.37$0.83$1.17$0.35
2015Summary only. Only limited summary data is available for this year.$0.84$0.12$0.72$0.18$1.06$0.89
2014Summary only. Only limited summary data is available for this year.$1.82$0.21$1.60$1.94$0.87$1.07
2013Summary only. Only limited summary data is available for this year.$0.70$0.18$0.52$0.69$1.37$0.69
2012Summary only. Only limited summary data is available for this year.$1.43$0.23$1.20$1.32$1.13$0.19
2011Summary only. Only limited summary data is available for this year.$1.12$0.12$1.00$1.69$0.77$0.93
2010Summary only. Only limited summary data is available for this year.$0.25$0.17$0.07$0.75$0.72$0.04