Nonprofit screen
Screen a listNew Meridian Corporation
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Listed with the IRS, but California flags it.
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- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(2)
$17Mrevenue
FY2025 · −17% in 3 yrs99staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−5.4%
Months of reserve2.2mo
Revenue growth (annualized)−5.2%
Middle half of peersMedianNew Meridian
Where the money goes FY2025 · $18M spent
Programs$15M84%Management and general$2.9M16%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$3.6M in FY2023, −$11M in FY2024 and −$919k in FY2025. Cash covers 2.2 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor1
Strong governance
3 of 4 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI6funders
$725ka year, last 3 years
46%from its largest funder
Funder’17’18’19’20’21’22Gates FoundationStopped after FY2018$1.0M$500k–Chan Zuckerberg Initiative FoundationNew in FY2022$800kThe William & Flora Hewlett FoundationOn and off$375k$200k$150kWalton Family Foundation IncOn and off$225kDonor-advised giftsDonors not disclosed$1.0M
FundedThrough a donor-advised fundStopped