Educational And Research Foundation Of Mema Inc
Mema Foundation: Consistent Operations, Modest Growth
EIN: 222463502 · Washington, DC · NTEE: M42E · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $1K |
| Program Spending | 70% |
| Net Assets | $301K |
| Transparency Score | 75/100 |
Is Educational And Research Foundation Of Mema Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Educational And Research Foundation Of Mema Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Educational And Research Foundation Of Mema Inc
Educational And Research Foundation Of Mema Inc (EIN: 222463502) is a nonprofit organization based in Washington, DC, classified under NTEE code M42E. The organization reported total revenue of $42K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational And Research Foundation Of Mema Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Educational And Research Foundation Of Mema Inc is a micro nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $1K |
| Surplus / Deficit | +$4K |
| Total Assets | $302K |
| Total Liabilities | $275 |
| Net Assets | $301K |
| Operating Margin | 74.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 2508.1 months |
Financial Health Grade: A
In 2023, Educational And Research Foundation Of Mema Inc reported a surplus of $4K with revenue exceeding expenses, holds 2508.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Educational And Research Foundation Of Mema Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.1% | -11.5% | +11.4% |
| 2022 | -28.9% | -11.7% | -12.7% |
| 2021 | -19.8% | +14.8% | +9.2% |
| 2020 | +68.3% | +4.0% | +6.4% |
| 2019 | +0.1% | +6.6% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Educational And Research Foundation Of Mema Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Educational And Research Foundation Of Mema Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, making it impossible to assess its reasonableness.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Educational And Research Foundation Of Mema Inc's IRS 990 filings:
- Lack of detailed program descriptions and impact reporting.
- No explicit executive compensation figures provided in the available data.
Strengths
The following positive indicators were identified for Educational And Research Foundation Of Mema Inc:
- Consistent revenue and expense reporting over multiple years.
- Stable asset base with modest growth over time.
- Low fundraising costs based on available data.
Frequently Asked Questions about Educational And Research Foundation Of Mema Inc
Is Educational And Research Foundation Of Mema Inc a legitimate charity?
Educational And Research Foundation Of Mema Inc (EIN: 222463502) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $42K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Educational And Research Foundation Of Mema Inc spend its money?
Educational And Research Foundation Of Mema Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Educational And Research Foundation Of Mema Inc tax-deductible?
Educational And Research Foundation Of Mema Inc is registered as a tax-exempt nonprofit (EIN: 222463502). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Educational And Research Foundation Of Mema Inc's spending goes to programs?
Educational And Research Foundation Of Mema Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Educational And Research Foundation Of Mema Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Educational And Research Foundation Of Mema Inc is above average for NTEE category M42E nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Educational And Research Foundation Of Mema Inc located?
Educational And Research Foundation Of Mema Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 222463502. It is classified under NTEE code M42E.
How many years of IRS 990 filings does Educational And Research Foundation Of Mema Inc have?
Educational And Research Foundation Of Mema Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $42K in total revenue.
What does Educational And Research Foundation Of Mema Inc do?
Educational And Research Foundation Of Mema Inc is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Washington, District of Columbia. It is classified under NTEE code M42E.
How much revenue does Educational And Research Foundation Of Mema Inc have?
Educational And Research Foundation Of Mema Inc reported total revenue of $42,178. Based on 13 IRS 990 filings on record.
What are Educational And Research Foundation Of Mema Inc's total assets?
Educational And Research Foundation Of Mema Inc holds total assets of $332,244 as reported in IRS 990 filings.
Where is Educational And Research Foundation Of Mema Inc located?
Educational And Research Foundation Of Mema Inc is based in Washington, District of Columbia.
What is Educational And Research Foundation Of Mema Inc's EIN?
Educational And Research Foundation Of Mema Inc's Employer Identification Number (EIN) is 222463502. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Educational And Research Foundation Of Mema Inc?
Educational And Research Foundation Of Mema Inc is classified under NTEE code M42E (Public Safety & Disaster Preparedness).
Is Educational And Research Foundation Of Mema Inc a registered 501(c)(3)?
Yes, Educational And Research Foundation Of Mema Inc is recognized as a tax-exempt organization by the IRS. EIN: 222463502.
Does Educational And Research Foundation Of Mema Inc file IRS Form 990?
Yes, Educational And Research Foundation Of Mema Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Educational And Research Foundation Of Mema Inc's revenue in 2023?
In the 202312 filing period, Educational And Research Foundation Of Mema Inc reported total revenue of $5,603, total expenses of $1,443, and net assets of $301,601.
Is Educational And Research Foundation Of Mema Inc's revenue growing or declining?
Educational And Research Foundation Of Mema Inc's revenue is declining. Revenue went from $6,304 (202212) to $5,603 (202312), a -11.1% change. Based on 13 filings on record.
What is Educational And Research Foundation Of Mema Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Educational And Research Foundation Of Mema Inc covers tax period 202312. It shows revenue of $5,603, expenses of $1,443, total assets of $301,601, and liabilities of $275.
How much does Educational And Research Foundation Of Mema Inc spend on programs vs administration?
Based on IRS 990 analysis, Educational And Research Foundation Of Mema Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Educational And Research Foundation Of Mema Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Educational And Research Foundation Of Mema Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Educational And Research Foundation Of Mema Inc?
The following concerns were identified: Lack of detailed program descriptions and impact reporting.. No explicit executive compensation figures provided in the available data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Educational And Research Foundation Of Mema Inc's strengths?
Positive indicators for Educational And Research Foundation Of Mema Inc include: Consistent revenue and expense reporting over multiple years.. Stable asset base with modest growth over time.. Low fundraising costs based on available data.. These findings are derived from AI analysis of the organization's financial filings.
How does Educational And Research Foundation Of Mema Inc compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making it impossible to assess its reasonableness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and expense figures, what are the primary activities or programs that the 'Educational And Research Foundation Of Mema Inc' undertakes?
The provided data only shows financial aggregates (revenue, expenses, assets) and does not detail specific programs or research activities. Further information from their annual reports or website would be needed to understand their core operations.
How does the foundation manage to maintain such a low fundraising cost percentage, and what are their primary fundraising strategies?
With fundraising expenses (implied within 'x' or 'l' if not separately itemized) being a small fraction of revenue, it suggests either a very efficient fundraising model, reliance on a few large donors, or minimal active fundraising efforts. The data does not specify their strategies.
Filing History
IRS 990 filing history for Educational And Research Foundation Of Mema Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Educational And Research Foundation Of Mema Inc's revenue has declined by 60.6%, moving from $14K to $6K. Total assets decreased by 12.4% over the same period, from $344K to $302K. Total functional expenses fell by 77.1%, from $6K to $1K. In its most recent filing year (2023), Educational And Research Foundation Of Mema Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $275 in liabilities against $302K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $301K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $1K | $302K | $275 | — | — |
| 2022 | $6K | $2K | $271K | $249 | — | View 990 |
| 2021 | $9K | $2K | $310K | $381 | — | View 990 |
| 2020 | $11K | $2K | $284K | $336 | — | — |
| 2019 | $7K | $2K | $267K | $312 | — | View 990 |
| 2018 | $7K | $1K | $228K | $283 | — | View 990 |
| 2017 | $7K | $1K | $243K | $265 | — | View 990 |
| 2016 | $5K | $1K | $215K | $240 | — | View 990 |
| 2015 | $5K | $1K | $199K | $225 | — | View 990 |
| 2014 | $15K | $37K | $203K | $248 | — | View 990 |
| 2013 | $33K | $102K | $225K | $259 | — | View 990 |
| 2012 | $18K | $87K | $289K | $368 | — | View 990 |
| 2011 | $14K | $6K | $344K | $766 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $1K, and assets of $302K (revenue -11.1% year-over-year).
- 2022: Revenue of $6K, expenses of $2K, and assets of $271K (revenue -28.9% year-over-year).
- 2021: Revenue of $9K, expenses of $2K, and assets of $310K (revenue -19.8% year-over-year).
- 2020: Revenue of $11K, expenses of $2K, and assets of $284K (revenue +68.3% year-over-year).
- 2019: Revenue of $7K, expenses of $2K, and assets of $267K (revenue +0.1% year-over-year).
- 2018: Revenue of $7K, expenses of $1K, and assets of $228K (revenue -11.1% year-over-year).
- 2017: Revenue of $7K, expenses of $1K, and assets of $243K (revenue +40.8% year-over-year).
- 2016: Revenue of $5K, expenses of $1K, and assets of $215K (revenue +10.1% year-over-year).
- 2015: Revenue of $5K, expenses of $1K, and assets of $199K (revenue -68.8% year-over-year).
- 2014: Revenue of $15K, expenses of $37K, and assets of $203K (revenue -53.6% year-over-year).
- 2013: Revenue of $33K, expenses of $102K, and assets of $225K (revenue +80.2% year-over-year).
- 2012: Revenue of $18K, expenses of $87K, and assets of $289K (revenue +28.5% year-over-year).
- 2011: Revenue of $14K, expenses of $6K, and assets of $344K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Educational And Research Foundation Of Mema Inc:
Data Sources and Methodology
This transparency report for Educational And Research Foundation Of Mema Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.