Nonprofit screen
Screen a listMerit Academy
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$6.7Mrevenue
FY2025 · +145% in 3 yrs125staff
4 of 4years filed
’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−31.3%
Months of reserve1.5mo
Revenue growth (annualized)+34.8%
Middle half of peersMedianMerit Academy
Where the money goes FY2025 · $8.8M spent
Programs$7.8M89%Management and general$959k11%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$1.4M in FY2023, −$1.4M in FY2024 and −$2.1M in FY2025. Cash covers 1.5 months, under the peer median of 3.9.
990 Part I and balance sheetIn its favor3
Strong governance
5 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 35% a year since FY2022, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 4 of its 4 returns, 3% of revenue in FY2025.
990 Part VIII8funders
$102ka year, last 3 years
90%from its largest funder
Funder’21’22’23Pikes Peak Regional Medical Center AssociationNew in FY2023$275kToshiba America FoundationNew in FY2023$5kDonor-advised giftsDonors not disclosed$7k$10k$10k
FundedThrough a donor-advised fund