Civic Intelligence

Meedan Inc.

990 • Fiscal year 2021 • EIN 20-4504068

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 21, 2022

Organization Profilemeedan.com
160 Spear ST STE 1000San Francisco, CA 94105

(415) 497-2900

Siviq Scores

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

Liabilities / Assets

46th percentile

0.10x

Higher debt load relative to assets than 46% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.06x

Higher debt load relative to revenue than 29% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

77th percentile

34%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

74th percentile

$186,988

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

96th percentile

112%

Faster asset growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

77th percentile

47%

Faster revenue growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$3,162,332

Up $1,673,524 (+112%) from 2020

Net Assets

Up

$2,845,654

Up $1,816,475 (+176%) from 2020

Liabilities

Down

$316,678

Down $142,951 (-31%) from 2020

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin77th percentile

Revenue

Up

$5,379,293

Up $1,724,794 (+47%) from 2020

Expenses

Down

$3,562,818

Down $16,626 (-0.5%) from 2020

Net Income

Up

$1,816,475

Up $1,741,420 (+2320%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth96th 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

2021

Assets$3,162,332
Liabilities$316,678
Net Assets$2,845,654
Open 2021 Filing

Operations Trend

Revenue Growth77th 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

2021

Revenue$5,379,293
Expenses$3,562,818
Net Income$1,816,475
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 21, 2022
Return Version
2021v4.2
Gross Receipts
$5,379,293
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.

Meedan is a technology not-for-profit that builds software and initiatives to strengthen journalism, digital literacy, and accessibility of information for global communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$693,627$1,294,950▲ $601,323
Pledges and Grants Receivable$161,291$682,505▲ $521,214
Accounts Receivable$177,985$595,082▲ $417,097
Cash and Non-Interest-Bearing Accounts$413,014$561,925▲ $148,911
Land, Buildings, and Equipment, Net$7,204$12,311▲ $5,107
Prepaid Expenses and Deferred Charges$34,140$11,856▼ $22,284
Total Assets$1,488,808$3,162,332▲ $1,673,524
Other Assets Total$1,547$3,703▲ $2,156
Liabilities
Accounts Payable and Accrued Expenses$346,021$316,678▼ $29,343
Deferred Revenue$113,608--
Total Liabilities$459,629$316,678▼ $142,951
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$996,041$1,803,978▲ $807,937
Net Assets With Donor Restrictions$33,138$1,041,676▲ $1,008,538
Total Net Assets Fund Balance$1,029,179$2,845,654▲ $1,816,475
Total Liabilities and Net Assets / Fund Balance$1,488,808$3,162,332▲ $1,673,524

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,311$5,580$17,891
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ed BiceBoard ChairCEOFT$157,148$29,840$186,988
An Xiao MinaChief Operations OfficerFT$158,138$17,976$176,114
Pierre Forcioli-ContiDirector of ProductFT$142,915$13,304$156,219
Aaron HuslageSenior Systems EngineerFT$133,500$15,957$149,457
Devin GaffneyMachine Learning EngineerFT$115,617$13,961$129,578
Tim HwangBoard Member-$630-$630

Board Members and Trustees

NameTitle
Maria RessaBoard Member
Zeynep TufeckiBoard Member
Hanan HeakalSecretary
Jon CorshenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Caio AlmeidaEngineering28 Rua Marechal Floriano - Sala 302, Salvador, Bahia, Br$112,374
Natalie GyenesProgram management422 Ricards St STE 300, Vancouver BC, Ca$102,366
Revenue and Support

Revenue Composition

Contributions and Grants
$2,974,769
Program Service Revenue
$2,400,560
Investment Income
$37
Other Revenue
$3,927
All Other Contributions
$2,861,161
Change in Net Assets
$1,816,475

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,379,293
Revenue Not Reported on Form 990
$14,330
Total Revenue per Audited Statements
$5,393,623
Total Revenue per Form 990
$5,379,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,235,151
Salaries, Compensation, and Employee Benefits$1,290,767
Grants and Similar Amounts Paid$36,900
Total Fundraising Expense$30,029
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,778,778$53,598$17,590$1,849,966
Other Salaries and Wages$581,325$27,883-$609,208
Current Officers, Directors, Trustees, and Key Employees$390,209$109,855$10,415$510,479
Fees for Services Accounting$9$162,255-$162,264
Information Technology$136,704$3,633$356$140,693
Other Employee Benefits$83,591$10,940-$94,531
Payroll Taxes$66,848$9,036$665$76,549
Foreign Grants$36,900--$36,900
Office Expenses$24,781$6,184$178$31,143
Insurance$6,792$6,197$58$13,047
Occupancy$10,845$505$95$11,445
Fees for Services Legal$2,489$3,420-$5,909
Travel$3,701$161$21$3,883
Depreciation Depletion$3,663-$46$3,709
Advertising$1,393$11$551$1,955
Conferences and Meetings$723$394$1$1,118
Other Expenses$4$440$53$444
Total Functional Expenses$3,135,028$397,761$30,029$3,562,818

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,577,148
Expenses per Audited Statements$3,562,818
Total Expenses per Form 990$3,562,818
Expenses Not Reported on Form 990$14,330
International Activity

International Summary

Employees
45
Spending
$1,500,000

International Compliance

Foreign grant records maintained
Yes
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
Europe including Iceland and GreenlandProgram servicesSee Part V-14$499,000
South AmericaProgram servicesSee Part V-8$284,000
North America Not the United StatesProgram servicesSee Part V-2$228,000
Middle East and North AfricaProgram servicesSee Part V-9$219,000
Sub-Saharan AfricaProgram servicesSee Part V-4$134,000
South AsiaProgram servicesSee Part V-7$95,000
East Asia and the PacificProgram servicesSee Part V-1$41,000
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
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 Form 990 is circulated to the board of directors, and the draft is approved before filing.”

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 BoD member participating in this conflicted interest.”

CEO executive director top management comp Part VI line 15A

“The Board reviews the CEOs contract and compensation annually, utilizing Indeed and Glassdoor compensation data as a guide.”

Other officer or key employee compensation Part VI line 15B

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

Form 990 availability to public Part VI line 18

“Form 990 is available publicly via Guidestar and upon request.”

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
160 Spear ST STE 1000, San Francisco, CA 94105

Signing Officer

Name
Ed Bice
Title
CEO
Phone
4154972900
Signed
2022-10-21
Discuss with paid preparer
No

Organization Details

Principal Officer
Ed Bice
Formed
2006
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
4
Employees
14

Preparer

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

Additional Explanations

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.”

Part III response or note to any other line in Part III

“Program Service Accomplishments - Check Global - continued from Page 2Held two workshops on health misinformation with our partners in East and West Africa with support from Article 19. The workshops focused on identifying health misinformation in the countries that the partners work in and developing editorial milestones to respond to this misinformation as and when it emerges. Program Service Accomplishments Digital Health Lab - continued from Page 2The team also conducted trainings on the topic of our research for fact-checkers and journalists around the world, as well as for Facebooks Health Fact-Checking Fellows; The teams in-house experts developed a curriculum that helps fact-checkers navigate complex health debunking tasks in ways that are responsible. Training included workshops on standards of care for fact-checking health misinformation, as well as sessions on mental health and how misinformation spreads disease.”

Raw XML AppendixShowing 400 of 577 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/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
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IRS990/ProgSrvcAccomActy2Grp/Desc0Check - Helped 21 Newsroom to connect with their audience on WhatsApp in order to collect data on misinformation in their country; Collected more than 168,480 media from 9 countries and analyzed that data to understand what trends in misinformation were; Created new workflows and features in order for civil society organization and nonprofit to annotate social media content and report it to social media platform for content moderation; Created new workflows and feature in order to make it easy for content moderation at platforms such as Twitter to communicate directly with newsroom in Brazil and the U.S. in order so they can get insight from journalism organizations on how to contextualize misinformation trends.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02199138
IRS990/ProgSrvcAccomActy3Grp/Desc0Digital Health Lab (DHL) - Health Desk, the DHLs information service for journalists and fact-checkers reached 2.5 million users in over 70 countries, publishing over 400 on-deadline explainers on public health topics like COVID-19, vaccines, reproductive health and climate; The team has developed partnerships serving 30+ fact-checking and news organizations around the world; DHL team members conducted research in health misinformation response, and secondary trauma mitigation for fact-checking organizations, publishing presented research findings at online conferences and plenaries including RightsCon, Global Fact, the Harvard School of Public Health, the Computational Journalism Conference, as well as in lectures at the University of Oxford and Oxford Internet Institute. (Continued on Schedule O.)
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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,162,332
Liabilities
$316,678
Net assets
$2,845,654
Revenue
$5,379,293
Expenses
$3,562,818
Net income
$1,816,475
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
2021Detailed filing. Detailed filing data is available for this year.$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
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