Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2008.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
71 cents of each dollar spent went to programs.
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
11 people listed on the 990; $85K paid to officers and key staff.
Claudia Maciel’s $85K as Executive Director is at the 61st percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Claudia Maciel | $84,605 | — | — | — | — |
| Victor Vasquez | — | $69,399 | $71,591 | $78,175 | $16,811 |
| Genevieve Sheridan | — | — | — | — | $52,488 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
- Loans to or from officersSch L · Pt II1 listed
Programs and updates
Empowering individuals to start, launch, and grow successful microbusinesses with training and support.
Questions for Microenterprise Resources Initiative & Training (merit)
Your first name shows with your question. Microenterprise Resources Initiative & Training (merit) answers here, for everyone.
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Microenterprise resources, initiatives & training (merit dba prosperidad oregon)- merit's mission is to help people explore, launch, and grow successful small businesses through training, support, financial education, access to capital, and more.
Microenterprise Resources, Initiatives & Training
Merit offered more than 450 hours of group training and individualized coaching to aspiring and existing small business owners seeking to start or expand their businesses. - 12 workshops total of 32 classes each being about 2.5 hours average - 184 of clients served - average of 467.36 hours in classes or in coaching including all…
Access to capital program- merit provided individual development accounts (idas) for small business and retirement savings. The program successfully graduated four participants and enrolled thirteen additional accounts to support small business and retirement goals.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $184K | $156K |
| Total assetsLn 16 | $221K | $222K |
| LiabilitiesLn 26 | $10K | $21K |
| Net assetsLn 32 | $211K | $202K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $102K | $75K | $28K | |
| Other salaries and wagesLn 7 | $95K | $76K | $14K | $5K |
| Payroll taxesLn 10 | $20K | $15K | $4K | $1K |
| Legal feesLn 11b | $3K | $3K | ||
| Accounting feesLn 11c | $18K | $18K | ||
| Other fees for servicesLn 11g | $54K | $47K | $7K | |
| Advertising and promotionLn 12 | $160 | $160 | ||
| Office expensesLn 13 | $9K | $7K | $2K | |
| Information technologyLn 14 | $432 | $432 | ||
| TravelLn 17 | $15K | $12K | $3K | |
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $22K | $10K | $12K | |
| All other expensesLn 24e | $1K | $606 | $480 | |
| Total functional expensesLn 25 | $341K | $242K | $93K | $6K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $352K | $341K | $11K | $202K | 990 PDF |
| FY2024 | $342K | $158K | $184K | $211K | 990 PDF |
| FY2023 | $270K | $221K | $49K | $27K | 990 PDF |
| FY2022 | $159K | $279K | −$120K | −$23K | 990 PDF |
| FY2021 | $337K | $288K | $49K | $98K | 990 PDF |
| FY2020 | $281K | $298K | −$17K | $21K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $352,295 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, 1 to look at
Part VIII · Statement of revenue $352,295 across 5 lines filed
Part IX · Statement of functional expenses $341,162 across 13 lines filed
Part X · Balance sheet $222,278 assets, 11 lines filed
Part XI · Reconciliation of net assets $201,697 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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