Nonprofit screen
Screen a listMERITO Foundation Inc FKA MutliCultural Education for Reso
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
- Registered
- Charity type
- 509(a)(1)
$557krevenue
FY2024 · +87% in 3 yrs4staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin2.0%
Months of reserve2.6mo
Revenue growth (annualized)+16.1%
Middle half of peersMedianMERITO Foundation Inc FKA MutliCultural Education for Reso
Where the money goes FY2024 · $546k spent
Programs$487k89%Management and general$50k9%Fundraising$9k2%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 17% of revenue stopped after FY2021
National Geographic Society gave $50k in FY2021, 17% of revenue that year.
Funders’ 990-PF grant listsIn its favor2
Growing faster than peers
Revenue up 16% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 4 of its 4 returns, 78% of revenue in FY2024.
990 Part VIII7funders
$31ka year, last 3 years
54%from its largest funder
Funder’17’18’19’20’21’22’23Channel Islands Harbor Foundation IncOn and off$12k$16k$20k$8kNational Geographic SocietyOn and off$50kNational Marine Sanctuary FoundationOn and off$44kPatagoniaorgNew in FY2023$15kSierra ClubOn and off$10kDonor-advised giftsDonors not disclosed$25k$10k$10k
FundedThrough a donor-advised fund