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Idaho · Nonprofit

GEM PREP MERIDIAN NORTH LLC

GEM PREP MERIDIAN NORTH LLC (Idaho) receives grants from 4 organizations whose IRS filings report $854,977 to it, the largest being BLUUM INC ($754,862). 2 of them have funded it in more than one year.

Revenue FY2025
$4.9M
Funders on record
4
Grants received
$855k
Net assets
$108k
2/4 repeat funderspeak grant-dependency 40%
01What it does

What Gem Prep Meridian North LLC does

Mission

Provide resources and support to parents who have elected to educate their children in a personalized, blended learning environment.

As stated on its FY2025 Form 990.

Program

  1. To prepare students for success in college and professional technical careers by providing a high quality, personalized, relevant and rigorous education through exceptional teaching, innovative uses of technology and partnerships with families.

    $2,373,622 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,373,622.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($154) Expenses 100 ($17k) Net assets -3 ($-17175)2021 Revenue 1050027 ($1.6M) Expenses 5671 ($983k) Net assets 100 ($617k)2022 Revenue 1964118 ($3.0M) Expenses 18004 ($3.1M) Net assets 85 ($522k)2023 Revenue 2363116 ($3.6M) Expenses 22027 ($3.8M) Net assets 53 ($327k)2024 Revenue 3117508 ($4.8M) Expenses 27828 ($4.8M) Net assets 49 ($305k)2025 Revenue 3208292 ($4.9M) Expenses 29650 ($5.1M) Net assets 18 ($108k)
202020212022202320242025
Revenue (3208292)Expenses (29650)Net assets (18)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.6M to $14M (+744%).

$1.6M
$14M
$13M
$12M
$13M
$12M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 61% · 2022 63% · 2023 84% · 2024 93% · 2025 93%. Grants only. Government contracts and fees sit inside program revenue.

93% of GEM PREP MERIDIAN NORTH LLC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.

−$17k
’20
$634k
’21
−$95k
’22
−$178k
’23
−$21k
’24
−$197k
’25
5.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Barb Femreite

Chairman

As listed on its FY2025 Form 990.

202020212022202320242025
Listed768877
Joined·+3+3+2+0+0
No longer listed·41210
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 2 funders to 3 funders, grant income fell $651k → $33k.

Funder
'21
'22
'23
total
Bluum Incunclassified
$755k
funders
2
2
3

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GEM PREP MERIDIAN NORTH LLC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GEM PREP MERIDIAN NORTH LLC leans on a few funders — its largest provides 88% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

88% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GEM PREP MERIDIAN NORTH LLC.

88%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2021 85% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

88% of GEM PREP MERIDIAN NORTH LLC's grant income comes from Idaho funders.

ID
CA
CO

In-state vs out-of-state, by year

’21
’22
’23
Idaho out of state home

Funder states come from each funder’s own filing. $65 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GEM PREP MERIDIAN NORTH LLC is better cushioned than half of the 9,398 education nonprofits its size.

Operating margin−4% · bottom quartile
Months of reserve5.4mo · above the median
Revenue growth (annualized)697% · outside the comparable range

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like GEM PREP MERIDIAN NORTH LLC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Idaho

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

46% of spending goes to programs.

Program 46%Management 54%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 8 related entities

  • Gem Innovation Schools of Idaho Inc · exempt
  • Gem Prep Nampa LLC · exempt
  • Gem Prep Pocatello LLC · exempt
  • Gem Prep Meridian LLC · exempt
  • Gem Prep Online LLC · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GEM PREP MERIDIAN NORTH LLC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GEM PREP MERIDIAN NORTH LLC?
GEM PREP MERIDIAN NORTH LLC (Idaho) receives grants from 4 organizations whose IRS filings report $854,977 to it, the largest being BLUUM INC ($754,862). 2 of them have funded it in more than one year.
How many funders does GEM PREP MERIDIAN NORTH LLC have?
IRS filings report 4 organizations giving $854,977 in grants to GEM PREP MERIDIAN NORTH LLC, 2 of which have funded it in more than one year.
Who is the largest funder of GEM PREP MERIDIAN NORTH LLC?
BLUUM INC is the largest funder on record, with $754,862 in grants. The full list of funders is on this page.
How can an organization like GEM PREP MERIDIAN NORTH LLC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Idaho. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Gem Prep Meridian North LLC →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing