Merakey Foundation FY2022 filing

Tax-deductible

Lafayette Hl, PA501(c)(3)Since 1999Health CareEIN 23-3005583Revenue $2.4M in FY2022

On file with the IRSmerakey.org620 Germantown Pike, 19444-1810 · Lafayette Hl, PATax-exempt since Dec 1999Publicly supported charity — 170(b)(1)(A)(vi)

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To conduct fundraising events and solicit donations to support the operations of its affiliates.

501(c)(3) charity; gifts are tax-deductible.
39¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $825K a year · 43% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
39%
of spending
Concern: 39% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 10.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $83K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$117K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
+7% vs prior year
Spent
$1.0M
To programs
39%
Net assets
$9.2M
By yearFY2020–FY2024
Revenue
$2.4M
FY2022▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$2.2M
FY2022$2.4M
FY2023$1.7M
FY2024$1.6M
FY2024$1.9M
Expenses
$1.0M
FY2022▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.1M
FY2022$1.0M
FY2023$1.0M
FY2024$1.0M
FY2024$1.1M
Net assets
$9.2M
FY2022▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.8M
FY2021$10.1M
FY2022$9.2M
FY2023$10.4M
FY2024$12.0M
FY2024$13.7M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

39 cents of each dollar spent went to programs.

Program services 39% · $405K Management & general 2% · $23K Fundraising 58% · $599K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/CEO
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Merakey Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises money through events and donations to fund affiliate operations.

Questions for Merakey Foundation

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Provided by the organization

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1 program · $405K · in their own filed words · FY2021
01

The merakey foundation is a fundraising entity with a mission to align donor generosity with merakey's commitment to whole person care throughout the united states. Since its founding in 1999, the merakey foundation has raised millions of dollars through grants, fundraising events, and private donations for merakey programs.

$405Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 47 grants · $2.0M · 2019–2024
Merakey PennsylvaniaPA · FY2024$144,738
Fresh Start Now INCFY2024$68,143
Merakey Parkside RecoveryPA · FY2024$67,860
Merakey WoodhavenPA · FY2024$22,588
Merakey AllosPA · FY2024$18,664
Merakey PhiladelphiaPA · FY2024$7,377
Merakey Children's ServicesPA · FY2024$6,284
Merakey PennsylvaniaPA · FY2023$191,804
Fresh Start Now INCFY2023$64,660
Merakey MidwestPA · FY2023$7,831
Merakey Parkside RecoveryPA · FY2023$6,098
Merakey PennsylvaniaPA · FY2022$178,592
Fresh Start Now INCFY2022$48,311
Fresh Start FoundationPA · FY2022$30,164
Merakey Parkside RecoveryPA · FY2022$20,720
Merakey AllosPA · FY2022$14,916
Merakey USAPA · FY2022$10,533
See all 47 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$942K
Other incomeLn 4–11$255K
Money outPt IX
$1.0M
Ln 25
Programscol B$405K
Managementcol C$23K
Fundraisingcol D$599K
Owns and owesPt X
$9.2M
net assets · Ln 32
Cash and savingsLn 1–2$880K
Total assetsLn 16$9.4M
LiabilitiesLn 26$117K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Fundraising eventsLn 1c$248K
Investment incomeLn 3$942K
Other incomeLn 4–11$255K
Gains on assetsLn 7$489K
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
SavingsLn 2$880K
Cash and savings togetherLn 1–2$880K
InvestmentsLn 11–13$8.3M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$172K
Total assetsLn 16$9.4M
LiabilitiesLn 26$117K
Net assetsLn 32$9.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$848K$880K
InvestmentsLn 11–13$8.9M$8.3M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$10.1M$9.4M
LiabilitiesLn 26$29K$117K
Net assetsLn 32$10.1M$9.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$405K$405K
Other salaries and wagesLn 7$267K$267K
Pension plan contributionsLn 8$2K$2K
Other employee benefitsLn 9$44K$44K
Payroll taxesLn 10$21K$21K
Other fees for servicesLn 11g$13K$13K
Advertising and promotionLn 12$114K$114K
Office expensesLn 13$72K$72K
Information technologyLn 14$14K$14K
OccupancyLn 16$37K$37K
TravelLn 17$578$578
Conferences, conventions and meetingsLn 19$4K$4K
InsuranceLn 23$401$401
Other expenses (24a–d)Ln 24$34K$23K$10K
Total functional expensesLn 25$1.0M$405K$23K$599K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.6M$1.0M$549K$12.0M 990 PDF
FY2023 $1.7M$1.0M$651K$10.4M 990 PDF
FY2022 Viewing $2.4M$1.0M$1.3M$9.2M 990 PDF
FY2021 $2.2M$1.1M$1.1M$10.1M 990 PDF
FY2020 $1.6M$1.2M$483K$7.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $2,368,303 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,417,147$1,170,717
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $343,407$942,385
I-11 Other revenuePrior year $462,174$255,201
I-12 Total revenuePrior year $2,222,728$2,368,303
I-13 Grants and similar amounts paidPrior year $336,363$405,400
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $445,810$332,584
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $340,267$289,854
I-18 Total expensesPrior year $1,122,440$1,027,838
I-19 Revenue less expensesPrior year $1,100,288$1,340,465
Part VI · Governance 16 of 17 board members independent, 2 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,368,303 across 8 lines filed
VIII-1c Fundraising events$247,702
VIII-1d Related organizations$732,861
VIII-1f All other contributions, gifts and grants$190,154
VIII-1h Total contributions, gifts and grants$1,170,717
VIII-3 Investment incomeExcluded from tax $453,004$453,004
VIII-7 Net gain or loss on sales of assetsExcluded from tax $489,381$489,381
VIII-8 Net income from fundraising eventsExcluded from tax $255,201$255,201
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,197,586$2,368,303
Part IX · Statement of functional expenses $1,027,838 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $405,400$405,400
IX-7 Other salaries and wagesFundraising $266,584$266,584
IX-8 Pension plan contributionsFundraising $1,903$1,903
IX-9 Other employee benefitsFundraising $43,583$43,583
IX-10 Payroll taxesFundraising $20,514$20,514
IX-11g Other fees for servicesFundraising $13,275$13,275
IX-12 Advertising and promotionFundraising $114,304$114,304
IX-13 Office expensesFundraising $71,648$71,648
IX-14 Information technologyFundraising $14,415$14,415
IX-16 OccupancyFundraising $37,177$37,177
IX-17 TravelFundraising $578$578
IX-19 Conferences, conventions and meetingsFundraising $4,375$4,375
IX-23 InsuranceFundraising $401$401
IX-24 Other expenses (24a–d)Management $23,468 · Fundraising $10,213$33,681
IX-25 Total functional expensesPrograms $405,400 · Management $23,468 · Fundraising $598,970$1,027,838
Part X · Balance sheet $9,364,221 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $847,865$880,010
X-4 Accounts receivableStart of year $47,429$32,800
X-9 Prepaid expenses and deferred chargesStart of year $17,281$20,563
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $8,858,679$8,259,335
X-15 Other assetsStart of year $316,283$171,513
X-16 Total assetsStart of year $10,087,537$9,364,221
X-17 Accounts payable and accrued expensesStart of year $6,721$86,121
X-19 Deferred revenueStart of year $22,310$30,760
X-26 Total liabilitiesStart of year $29,031$116,881
X-27 Net assets without donor restrictionsStart of year $9,245,125$8,391,112
X-28 Net assets with donor restrictionsStart of year $813,381$856,228
X-32 Total net assets or fund balancesStart of year $10,058,506$9,247,340
X-33 Total liabilities and net assetsStart of year $10,087,537$9,364,221
Part XI · Reconciliation of net assets $9,247,340 net assets at year end
XI-1 Total revenue$2,368,303
XI-2 Total expenses$1,027,838
XI-3 Revenue less expenses$1,340,465
XI-4 Net assets at start of year$10,058,506
XI-5 Net unrealized gains (losses) on investments−$2,326,730
XI-9 Other changes in net assets$175,099
XI-10 Net assets at end of year$9,247,340

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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