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Meriama Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815318709 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Meriama Fund?

Meriama Fund is a nonprofit organization based in San Francisco, California. Their vision is to empower women and girls, with an initial focus on financial literacy. They value public libraries as sources of knowledge and creativity. Additionally, Meriama Fund supports innovative writing programs and wildlife conservation efforts, recognizing the importance of protecting wild places and their inhabitants. In response to the global pandemic, they have expanded their mission to include crisis relief and support. Specifically, they are currently providing funding for COVID relief in Nepal.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star Rating

The Meriama Fund has earned a high rating of 94% from Charity Navigator, indicating strong performance in accountability and finance. This exceptional score reflects the charity's commitment to transparency and effective management of its resources. The evaluation is based entirely on accountability and finance metrics, underscoring the organization's dedication to maintaining high standards in these areas.

One of the notable strengths of the Meriama Fund is its board composition, with 100% of its members being independent. This independence is crucial for objective governance and decision-making. Additionally, the organization has a clean record with no material diversion of assets and has implemented comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, all of which contribute to its robust accountability framework.

The organization also demonstrates impressive financial health, evidenced by a liabilities to assets ratio of 0.00% and a program expense ratio of 99.41%. This means that nearly all of its expenses are directed towards its programs rather than administrative costs. However, there are no significant limitations noted in the available data, making the Meriama Fund a commendable choice for potential donors looking to support effective and responsible nonprofit initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Meriama Fund legitimate?

Meriama Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meriama Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Meriama Fund?

The Meriama Fund's mission is centered around promoting literacy, wildlife conservation, and the movement arts. It also focuses on empowering women and girls globally. In response to the global pandemic, the organization has added a focus on crisis relief and support. The Meriama Fund is currently working on providing funding for COVID relief in various locations, including Nepal. The organization is committed to protecting wild places and the creatures that inhabit them, viewing wild places as nourishment for the soul and a reminder of our interconnectedness. The Meriama Fund also places emphasis on financial literacy as a tool for self-determination and empowerment. It supports public libraries and innovative methods of teaching creative writing.

Who is the CEO of Meriama Fund?

Erica Stone is the Chair/President of Meriama Fund.

What is the revenue of Meriama Fund?

Meriama Fund's revenue in 2022 was $464,259.

Who are the executives of Meriama Fund and what are their salaries?


Here are 4 key members and their salaries:


Erica Stone (Chair/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalinda Garciacano Iii (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Allen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hayes (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Meriama Fund?

Meriama Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Meriama Fund

Meriama Fund, a nonprofit organization, is committed to promoting literacy, preserving wildlife and wild places, fostering the movement arts, and empowering women and girls globally. In response to the ongoing pandemic, Meriama Fund has expanded its focus to include crisis relief and support. The organization's mission is to aid in protecting wild habitats and the animals that inhabit them, recognizing the importance of these environments in nourishing the soul and reminding us of our interconnectedness and responsibility as stewards.

Meriama Fund also places a strong emphasis on the empowerment of women and girls. It aspires to help them discover their potential and gain self-determination through financial literacy. The organization supports public libraries, which serve as beacons of freedom and knowledge, and encourages innovative methods of teaching and nurturing creative writing, which can provide a platform for expressing feelings and new ideas. By focusing on these areas, Meriama Fund aims to enable women and girls to soar, metaphorically finding their wings.

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Impact




July, 2024

Meriama Fund's impact is far-reaching and multifaceted. By promoting literacy, conservation of wildlife and wild places, and supporting the movement arts, they are contributing to the enrichment of communities and preservation of our natural world. Additionally, their focus on empowering women and girls through financial literacy and opening doors of opportunity is creating pathways for self-determination and empowerment globally. In response to the global pandemic, Meriama Fund has also taken steps to provide crisis relief and support to those in need, demonstrating a commitment to addressing urgent challenges facing communities. Through their support of public libraries, innovative writing initiatives, and conservation efforts, Meriama Fund is making a tangible difference in the lives of individuals and the environment.




This information is meant to be a general summary of Meriama Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$464,259 (2022)
Expenses
$437,467 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $49
  • Gross Receipts: $464,259

Assets and Liabilities:

  • Total Assets: $864,545
  • Total Liabilities: $0
  • Net Assets: $864,545

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Organization Details

Founding Year

2017

Principal Officer

Erica Stone

Main Address

909 Montgomery Street 400, San Francisco, CA, 94133

NTEE Category

Code: W99 - Public benefit

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