Median Foundation
- Assets
- $690.4k
- Revenue
- $965.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Covina, CA
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 82-5421772
Organization Overview
Median Foundation, operating under the name Median Group, is located in Covina, CA. The organization was established in 2019. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Median Group 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 12/2022, Median Group generated $965.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $352.2k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEDIAN FOUNDATION D/B/A MEDIAN GROUP IS AN EDUCATIONAL ORGANIZATION FORMED FOR THE PURPOSE OF CONDUCTING AND SPONSORING RESEARCH WITH RESPECT TO SIGNIFICANT ISSUES OF IMPORTANCE TO THE PUBLIC, PARTICULARLY WITH RESPECT TO SCIENTIFIC AND HISTORICAL RESEARCH, IN ORDER TO CREATE A SHARED KNOWLEDGE FOR THE COMMON BENEFIT OF ALL. THE FOUNDATION FOCUSES MUCH OF ITS RESEARCH ON IDENTIFYING AND ASSESSING GLOBAL CATASTROPHIC RISKS AND THE POTENTIAL TO MITIGATE OR AVERT THESE RISKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE EXPERIMENTED WITH PSYCHOLOGICAL MEASUREMENTS AND INTERVENTIONS SUCH AS EEG AND TMS. WE PLAN TO STUDY THE POTENTIAL FOR TMS TO IMPROVE PSYCHOLOGICAL WELL-BEING.
SILENT CRY FISCAL SPONSORSHIP MEDIAN GROUP FISCALLY SPONSORED SILENT CRY (HTTPS://WWW.SILENTCRYINC.ORG/) TO INDIRECTLY RECEIVE GRANTS FROM ANOTHER ORGANIZATION RELATED TO PRISON REFORM AND MENTAL HEALTH, INCLUDING PROVISION OF A FARM FOR ALTERNATIVE PRISON.
WE ARE EXPERIMENTING WITH USE OF MACHINE LEARNING TO ANALYZE ONGOING CONVERSATIONS TO DETECT FEATURES RELEVANT TO THE QUALITY OF THE DISCUSSION AND POSSIBLE INTERVENTIONS TO IMPROVE THEM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Liu Taylor Director, President, Treasurer | OfficerTrustee | 15 | $0 |
Benjamin Ross Hoffman Director, Secretary | OfficerTrustee | 15 | $0 |
Colleen Mckenzie Director | Trustee | 0 | $0 |
John Muster Director | Trustee | 101 | $0 |
Jack Gallagher Director | 0 | $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 | $681,466 |
| Noncash contributions included in lines 1a–1f | $429,385 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $681,466 |
| Total Program Service Revenue | $298,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,323 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $965,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $10,540 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $806 |
| Fees for services: Management | $0 |
| 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 | $11,125 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $47,095 |
| Royalties | $0 |
| Occupancy | $3,590 |
| Travel | $9,426 |
| 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 | $0 |
| Insurance | $536 |
| All other expenses | $269,069 |
| Total functional expenses | $352,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,146 |
| Savings and temporary cash investments | $10,875 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $429,385 |
| Total assets | $690,406 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $690,406 |
| Total liabilities and net assets/fund balances | $690,406 |
Grants Awarded
Over the last fiscal year, Median Foundation has awarded $24,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF MICHIGAN PURPOSE: Prison Creative Arts Project | $10,000 |
SILENT CRY PURPOSE: To support ongoing program activities related to Median Foundation's COVID response efforts. | $14,000 |