Meemli Inc
Nonprofit profile at a glance
- EIN
- 331147487
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Los Altos, CA, USA
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $110,621
- Expenses
- $72,885
- Assets
- $54,119
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Usha Sekar (CEO)
People named in this filing
- Lloyd Joseph (Software Engineer - part time)
- Usha Sekar (CEO)
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
Meemlis mission is to make great learning experiences accessible to all students no matter where they live or where they go to school
What it reported doing in 2024
Meemlis main program is to provide academic support to underserved students during summer to reduce learning loss and during the school year to the extent we can deliver with the resources available to the organization. In 2024 we delivered over 600 hours of academic support to about 45 students in local communities and the expenses were salaries teachers outreach to parents and schools learning materials program administration covering the technology costs of the online learning platform website and the costs of developing and delivering the programs.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.9%; rating input score 58
- Program expense ratio: 87.8%; rating input score 88
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: 34.1%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 41.2%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 43.5% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 107% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 57.9% of revenue deployed · 87.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $64K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Officer compensation ratio scored 7/100.