Meritan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 12,507,175 | 11,624,626 | 882,549 | -11.2 | 40% |
| 2022 | 16,356,031 | 12,786,874 | 3,569,157 | -6.0 | 35% |
| 2023 | 18,510,739 | 15,002,716 | 3,508,023 | -2.3 | 31% |
| 2024 | 17,521,561 | 15,124,383 | 2,397,178 | -0.3 | 32% |
In its most recent public year (2024), this organization brought in $2,397,178 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), up from -11.2 in 2021. Staff pay was 32% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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