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Meritan

Memphis, TN · EIN 62-0674655 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Meritan reported $15.5 million in revenue and $13.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.83 went to program services, $17.17 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 90.3% of the total. Government grants made up 7.9%. The highest compensation it reported for one person was $152,000 (ACCOUNT EXECUTIVE). 2 people received more than $100,000 in reportable compensation. Revenue rose 14% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $14M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $16M

Other revenue was negative: −$148K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
82.8%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
17.2%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.5%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
7.9%2.4%
Program service revenue share
Part VIII 2g ÷ 12
90.3%70.8%
Highest reported compensation
Part VII-A, columns D–F
$152,000$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.12%1.18%
People paid over $100,000
Part VII, line 2
26
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.36.9
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$6.7M expenses · 59.6% of program spending · revenue $11M

Specialized foster caremeritan's therapeutic foster care program provides safe, nurturing foster care homes for emotionally and physically fragile children and infants, most of whom come from abusive backgrounds

$2.1M expenses · 19.1% of program spending · revenue $2.2M

Home healthmeritan's home health assists clients in their homes with a full spectrum of services, including skilled nursing, home health aides, medical social workers, physical, speech, and occupational therapies

$2.4M expenses · 21.3% of program spending · revenue $1.2M

Other programsall other programs offered to help assist clients consist of the department of human resources - homemakers, family model residential services, choices, and the senior community service employment program

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
ACCOUNT EXECUTIVE
Highest compensated employee, 40.00 hrs/week
$145,213$0$6,787$152,000
SENIOR VICE PRESIDENT
Officer, 40.00 hrs/week
$144,726$0$5,144$149,870

2 people received more than $100,000 in reportable compensation from Meritan (Part VII, line 2). Compensation of current officers, directors and key employees totaled $145K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$16M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$14M82.8%$1.5M$152,000
FY2024 ⓘ$18M$15M83.1%−$439K$138,971
FY2023 ⓘ$19M$15M98.2%−$2.8M$136,298
FY2022 ⓘ$16M$13M100.0%−$6.3M$138,752
FY2021 ⓘ$13M$12M87.8%−$11M$130,580
FY2020 ⓘ$14M$12M87.8%−$2.7M$133,376

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5241
  • Volunteers Part I, line 612

Private foundation grants it received

5 private foundations reported grants to Meritan totaling $117K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Meritan's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Meritan, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Tennessee

Questions people ask

How much of Meritan's spending goes to programs?

In the fiscal year ending June 30, 2025, Meritan reported that 82.8% of its $13.6 million in expenses went to program services, 17.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Meritan pay its top executive?

The largest total compensation Meritan reported for one person in the fiscal year ending June 30, 2025 was $152,000, for the role of ACCOUNT EXECUTIVE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Meritan get its money?

Of $15.5 million in revenue in the fiscal year ending June 30, 2025, 10.5% came from contributions and grants (including 7.9% from government grants) and 90.3% from program service revenue (Form 990, Part VIII).

Is Meritan a registered charity?

The IRS lists EIN 62-0674655 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513079349302951 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433069349301963 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303069349300645 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213569349300411 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202143069349300539 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202043219349305999 · read the filing

All filings for EIN 62-0674655: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.