Educational and Research Foundation of Mema Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE CORPORATION IS ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES (WITHIN THE MEANING OF SECTION 501(C)(3) AND SECTION 170(C)(2) OF THE INTERNAL REVENUE CODE OF 1954), NAMELY, TO CARRY OUT THE PURELY CHARITABLE, SCIENTIFIC AND EDUCATIONAL ACTIVITIES OF THE MOTOR AND EQUIPMENT MANUFACTURERS ASSOCIATION ("MEMA"). IN PARTICULAR, THE PURPOSES OF THE CORPORATION ARE TO (I) CONDUCT, FINANCE AND PROMOTE RESEARCH AND STUDIES CONCERNING THE AUTOMOTIVE, TRUCK AND OTHER VEHICULAR INDUSTRIES AND DISSEMINATE FINDINGS RESULTING THEREFROM, (II) CONDUCT, FINANCE AND PROMOTE SEMINARS, CONFERENCES AND OTHER EDUCATIONAL PROGRAMS RELATING TO THE AUTOMOTIVE, TRUCK AND OTHER VEHICULAR INDUSTRIES, (III) PRODUCE, PUBLISH AND DISSEMINATE EDUCATIONAL MATERIAL THROUGH PRINTED, AUDIO, VISUAL AND ALL OTHER MEDIA NOW IN EXISTENCE OR HEREAFTER DEVELOPED, AND (IV) ENGAGE IN ALL OTHER CHARITABLE, EDUCATIONAL AND SCIENTIFIC ACTIVITIES PERMITTED BY LAW.
- Income
- $7,201
- Spending
- $1,604
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
- Volunteers
- 3
- Highest pay
- $858,856, director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 94 out of 100. Higher than 93% of charities in its peer group (public safety and disaster relief, under $250k).
Independent board
25 of 254 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- THE FOUNDATION IS A SUPPORTING ORGANIZATION OF MOTOR AND EQUIPMENT MANUFACTURERS ASSOCIATION ("MEMA").
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Magnolia Educational & Research Foundation (Anaheim, CA), EIN 95-4649884. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.