Meadow Club Foundation
Nonprofit profile at a glance
- EIN
- 920713028
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Fairfax, CA, USA
- Phone
- 4154533274
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $136,160
- Expenses
- $6,077
- Assets
- $149,081
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- JEFFREY PERO (DIRECTOR)
- JUSTUS LEACHMAN (DIRECTOR)
- DAN MURRAY (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose of the foundation is (1) to make grants to employees of meadow club who have experienced an event, a condition or an emergency hardship and, as a result, are in need of financial assistance, and (2) to award scholarships to employees and children of employees of meadow club to pay tuition and related expenses for enrollment in, and pursuit of a degree from, an educational institution qualified under section 170(b)(1)(a)(ii) of the internal revenue code of 1986.
What it reported doing in 2024
During 2024 (the first full year of the foundation's existence), the foundation advised members of meadow club of the formation of the foundation, solicited (and received) contributions to the foundation from meadow club members, advised meadow club employees of the formation of the foundation and the availabililty of foundation resources to fund hardship grants and scholarship awards, prepared application forms for hardship grants and scholarship awards and made them available to meadow club employees, and commenced review of an application for a hardship grant (which it ultimately made in early 2025) and an application for a scholarship award.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 92
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 95.5%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 24.53; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.