Civic Intelligence

Meedan Inc.

990 • Fiscal year 2018 • EIN 20-4504068

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

Organization Profilemeedan.com
1355 Market StreetSan Francisco, CA 94103

(415) 497-2900

Siviq Scores

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

Liabilities / Assets

68th percentile

0.26x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

84th percentile

$150,981

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

98th percentile

213%

Faster asset growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

87th percentile

46%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$796,831

Up $542,435 (+213%) from 2017

Net Assets

Up

$591,022

Up $455,023 (+335%) from 2017

Liabilities

Up

$205,809

Up $87,412 (+74%) from 2017

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin81st percentile

Revenue

Up

$1,793,196

Up $563,870 (+46%) from 2017

Expenses

Down

$1,338,173

Down $123,488 (-8.4%) from 2017

Net Income

Up

$455,023

Up $687,358 (+296%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth98th 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

2018

Assets$796,831
Liabilities$205,809
Net Assets$591,022
Open 2018 Filing

Operations Trend

Revenue Growth87th 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

2018

Revenue$1,793,196
Expenses$1,338,173
Net Income$455,023
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$1,793,196
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$141,549$428,373▲ $286,824
Pledges and Grants Receivable$5,670$238,200▲ $232,530
Accounts Receivable$51,009$109,653▲ $58,644
Prepaid Expenses and Deferred Charges$10,651$11,172▲ $521
Savings and Temporary Cash Investments$45,517$5,424▼ $40,093
Total Assets$254,396$796,831▲ $542,435
Other Assets Total-$4,009-
Liabilities
Accounts Payable and Accrued Expenses$118,397$205,809▲ $87,412
Total Liabilities$118,397$205,809▲ $87,412
Net Assets / Fund Balance
Unrestricted Net Assets$-304,576$319,079▲ $623,655
Temporarily Rstr Net Assets$440,575$271,943▼ $168,632
Total Net Assets Fund Balance$135,999$591,022▲ $455,023
Total Liabilities and Net Assets / Fund Balance$254,396$796,831▲ $542,435

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,000$3,000
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ed BiceBoard ChairCEOFT$124,960$26,021$124,960

Board Members and Trustees

NameTitle
Maria RessaMember
Tim HwangMember
Zeynep TufeckiMember
Hanan HeikalSecretary
Jon CorshenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,603,322
Program Service Revenue
$189,867
Investment Income
$7
Other Revenue
$0
All Other Contributions
$1,599,176
Change in Net Assets
$455,023
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$800,994
Salaries, Compensation, and Employee Benefits$537,179
Total Fundraising Expense$3,169
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$624,942$3,337-$628,279
Other Salaries and Wages$331,680$992$2,600$335,272
Current Officers, Directors, Trustees, and Key Employees$149,974$1,007-$150,981
Travel$59,769$29$9$59,807
Fees for Services Accounting$10,195$34,441-$44,636
Payroll Taxes$32,523$189$198$32,910
Occupancy$26,083$49$82$26,214
Information Technology$21,864$61$31$21,956
Other Employee Benefits$17,278$515$223$18,016
Insurance$7,783$5,693$23$13,499
Other Expenses-$3,591-$3,591
Office Expenses$2,234$178$3$2,415
Conferences and Meetings$597--$597
Total Functional Expenses$1,284,922$50,082$3,169$1,338,173
International Activity

International Summary

Offices
2
Employees
14
Spending
$538,865

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
South AmericaProgram servicesSee Part V15$161,916
Europe including Iceland and GreenlandProgram servicesSee Part V-2$155,139
North America Not the United StatesProgram servicesSee Part V11$131,783
Middle East and North AfricaProgram servicesSee Part V-6$90,027
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
Yes
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. The CEOs 2016 contract was evaluated by the Board of Directors.”

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
Edward Bice
Title
CEO
Phone
4154972900
Signed
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Bice
Formed
2006
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
7

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

“CMDb - a publicly accessible database of claims and memes intended to both serve as an ongoing data resource for our fact-checking software, and to create a resource for researchers working in the dis and misinformation field. Digital Health Lab - an initiative to bring new approaches to the challenges of health information access and equity.”

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

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

Raw XML AppendixShowing 400 of 449 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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IRS990/ProgSrvcAccomActy2Grp/Desc0Cred Co - In partnership with Hacks/Hackers Meedan continued work on the Credibilty Coalition, a project we founded to design, implement, and conduct research on machine readable content credibility indicators for weblinks, images, claims.Pop Up Newsroom - Our Pop-Up Newsroom initiative (a partnership with Dig Deeper Media) also conducted election monitoring efforts in Sweden and Zimbabwe. CMDb - We also launched the CMDb, a publicly accessible database of claims and memes intended to both serve as an ongoing data resource for our fact-checking software, and to create a resource for researchers working in the dis and misinformation field. Digital Health Lab - Lastly, we launched the Digital Health Lab initiative to bring new approaches to the challenges of health information access and equity.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01907512
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03000
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt22
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt36
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1161916
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2155139
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt390027
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/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt014
IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt0538865
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Part 1 Line 3: Program service activities in all reginos 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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt026021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Ed Bice
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Board ChairCEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0124960
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt026021
IRS990/ScheduleORequiredInd0true
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. The CEOs 2016 contract was evaluated by the Board of Directors.
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/ExplanationTxt5CMDb - a publicly accessible database of claims and memes intended to both serve as an ongoing data resource for our fact-checking software, and to create a resource for researchers working in the dis and misinformation field. Digital Health Lab - an initiative to bring new approaches to the challenges of health information access and equity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other fees for service expenses are contractor payments for Software Design, Engineering and Media Partners.
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/TotalAmt01338173
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Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$796,831
Liabilities
$205,809
Net assets
$591,022
Revenue
$1,793,196
Expenses
$1,338,173
Net income
$455,023
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
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.21$0.59$1.79$1.34$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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