Meedan Inc (EIN 204504068) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Principal Officer

Edward Bice

Phone

4154972900

Tax Period

2023-01-01 to 2023-12-31

Meedan Inc, founded in 2006, is a community nonprofit in the Science & Technology sector that reported $7.7M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $6.9M left a modest 10% surplus.

Mission

To strengthen journalism, digital literacy and information accessible for global communities.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,910,249

Program Service Revenue $3,736,313

Investment Income $31,371

Other Revenue $1,181

TOTAL REVENUE $7,679,114

Expense Breakdown

Grants Paid $980,891

Salaries & Benefits $2,171,251

Fundraising Expenses $72,901

Program Expenses $6,012,886

Other Expenses $3,706,641

TOTAL EXPENSES $6,876,283

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,679,114	$5,777,533	+0.3%
Expenses	$6,876,283	$5,367,906	+0.3%
Net Income	$802,831	$409,627	+1.0%

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

Governance

Voting Members

Independent Members

Employees

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

$368,539

Total Directors

$210,922

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edward Bice Chair	CEO	40.00	Officer Director	$170,948	$39,974	$210,922
Brian Fleming	Senior UX Designer	40.00		$150,583	$23,874	$174,457
Pierre Forcioli-Conti	Direct. of Product	40.00		$171,682	$1,417	$173,099
Aaron Huslage	Dir Syst. Sec Eng	40.00		$143,228	$16,887	$160,115
Dwight Knell Operations	Director	40.00	Officer	$143,362	$14,255	$157,617
Devin Gaffney	Machine Lrng Eng	40.00		$125,891	$29,305	$155,196
Doci Mou	Sr Infrastr Eng	40.00		$114,789	$29,125	$143,914
John Corshen	Treasurer	1.00	Director	$0	$0	$0
Hanan Heakal	Secretary	2.00	Director	$0	$0	$0
Zeynep Tufekci	Director	1.00	Director	$0	$0	$0
Tim Hwang	Director	1.00	Director	$0	$0	$0
Maria Ressa	Director	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
2024	No data	No data	No data	No data
2023	$7,679,114	$6,876,283	$4,739,525	$802,831
2022	$5,777,533	$5,367,906	$3,741,345	$409,627
2021	$5,379,293	$3,562,818	$3,162,332	$1,816,475
2020	$3,654,499	$3,579,444	$1,488,808	$75,055
2019	$2,957,861	$2,594,759	$1,466,822	$363,102
2018	$1,793,196	$1,338,173	$796,831	$455,023

Meedan Inc