Meristem Inc
- Assets
- $8.1m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Fair Oaks, CA
- Founding
- 01/2015
- Data as of
- 05/2023
- EIN
- 47-1411177
Organization Overview
Meristem Inc is located in Fair Oaks, CA. The organization was established in 2015. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meristem Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Meristem Inc generated $4.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $5.6m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE YOUNG ADULTS ON THE AUTISM SPECTRUM THROUGH EDUCATION AND DEVELOPMENT OF LIFE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION:AUTISM SPECTRUM DISORDER (ASD) IS A LIFE-LONG DEVELOPMENTAL DISABILITY THAT OCCURS AMONG ALL RACIAL, ETHNIC, AND SOCIOECONOMIC GROUPS AND SUPPORTING YOUNG ADULTS WITH ASD IS A SIGNIFICANT SOCIETAL CHALLENGE. IT IS ALSO IMPORTANT TO NOTE THAT ASD IS THE FASTES GROWING DEVELOPMENTAL DISABILITY IN THE UNITED STATES. PRESENTLY, OVER 80% OF INDIVIDUALS WITH ASD IN CALIFORNIA ARE YOUNGER THAN 22 YEARS OF AGE AND THE CALIFORNIA ASD POPULATION IS INCREASING BY AN AVERAGE OF 12% PER YEAR.MERISTEM HAS DEVELOPED A MULTI-PRONGED APPROACH THAT INCLUDES THE DEVELOPMENT OF SELF ADVOCACY AND LEADERSHIP SKILLS WITHIN ASD
INSTITUTIONAL SUPPORT:THE PROGRAM IS CONDUCTED ON AN OPEN CAMPUS IN AN INTERGRATED COMMUNITY AND PROVIDE REGULAR SOCIAL AND WORK EXPERIENCES FOR YOUNG ADULTS WITH ASD. THE SACRAMENTO CAMPUS WAS OPENED IN 2014 ON A 13-ACRE SITE IN FAIR OAKS. THE CURRICULUM CONSISTS OF HANDS-ON-LEARNING THROUGH 10 VOCATIONAL TRACKS: WOODWORKING, AGRICULTURE, METALWORK, HEALTH AND BODY CARE PRODUCTS, LANDSCAPE MAINTENANCE, DIGITAL ARTS AND MEDIA, CULINARY ARTS, HOSPITALITY, GLASSWORK AND TEXTILES. THE PROGRAM DEVELOPS STUDENTS' VOCATIONAL, COMMUNICATION, INTERPERSONAL, CUSTOMER SERVICE AND PROBLEM SOLVING SKILLS. INTRODUCING THEM TO A BROAD SET OF CARREER PATHWAYS AND PROMOTING THEIR TECHNICAL AND SOFT SKILLS DEVELOPMENT PREPARES STUDENTS FOR EMPLOYMENT AND INDEPENDENCE.
STUDENT SERVICES:MERISTEM INCORPORATES THREE ON CAMPUS SOCIAL ENTERPRISES TO CREATE REAL-WORLD WORK ENVIRONMENTS IN WHICH STUDENTS LEARN AND PRACTICE RELEVANT AND PROFESSIONAL SKILLS. THE FOCUS IS ON LEADERSHIP, PRESENTATION AND INTERPERSONAL SKILLS; CARREER AND SOCIAL AWARENESS; TEAMWORK AND CONFLICT RESOLUTION; THE JOB APPLICATION PROCESS; TIME AND WORK ETHICS.-MERISTEM HEALTH AND BODY CARE PRODUCTS- THE MOST COMPREHENSIVE OF THE SOCIAL ENTERPRISES ON CAMPUS, STUDENTS LEARN THE ART OF PRODUCT DEVELOPMENT, MARKETING, SALES, PACKAGING AND PRICING. PRODUCTS ARE SOLD ONSITE IN THE BOOKSTORE, AVAILABLE TO GUESTS AT THE B&B
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Turtletaub Chairman | Trustee | 5 | $0 |
Donna Courville Chair | Trustee | 1 | $0 |
Maureen Curran Founder And Director | Trustee | 5 | $0 |
Jeff Derose Secretary/treasurer | OfficerTrustee | 1 | $0 |
Gary Maisel Trustee | Trustee | 1 | $0 |
Lisa Odom Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,018,821 |
| Noncash contributions included in lines 1a–1f | $776,218 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,018,821 |
| Total Program Service Revenue | $2,358,460 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,254,302 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $70,897 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,494,304 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $418,972 |
| Payroll taxes | $248,036 |
| Fees for services: Management | $464,734 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $80,160 |
| Office expenses | $30,819 |
| Information technology | $158,313 |
| Royalties | $0 |
| Occupancy | $1,193,126 |
| Travel | $49,705 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,388 |
| Insurance | $126,268 |
| All other expenses | $0 |
| Total functional expenses | $5,574,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,592,804 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,105,162 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,377 |
| Net Land, buildings, and equipment | $164,982 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $3,098,737 |
| Intangible assets | $0 |
| Other assets | $85,304 |
| Total assets | $8,061,366 |
| Accounts payable and accrued expenses | $283,818 |
| Grants payable | $0 |
| Deferred revenue | $188,750 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $472,568 |
| Net assets without donor restrictions | $4,396,093 |
| Net assets with donor restrictions | $3,192,705 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,061,366 |