Merit Network INC

Ann Arbor, Michigan

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 43 peers in Public & Societal Benefit with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.10×
Peer Median1.07×
💰
$41.1M
Total Revenue
📊
$42.8M
Total Expenses
🏦
$175.8M
Net Assets
📋
$21.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.5%
Year-over-year change (2022 → 2023)
Net Margin
-4.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.10
Net assets divided by total expenses
Liabilities-to-Assets
10.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$41,116,604↑22%$42,818,323↑16%$196,866,587
2022$33,834,611↑41%$36,815,456↑26%$197,507,499↓3%
2021$23,963,996↓16%$29,263,121↓9%$203,858,212↑6%
2020$28,602,952↓76%$32,072,890↑6%$191,780,386↓2%
2019$119,289,294↑218%$30,327,831↓3%$196,140,414↓1%
2018$37,557,877↓31%$31,125,935↓1%$198,076,604↑80%
2017$54,430,309↑41%$31,413,145↑14%$109,853,876↑22%
2016$38,612,644↑70%$27,544,714↑12%$90,291,512↑31%
2015$22,679,359↓36%$24,488,655$68,862,690↓3%
2014$35,404,271↓59%$24,458,442↓63%$71,144,806↓8%
2013$86,044,074↑42%$66,576,818↑47%$77,561,689↑49%
2012$60,634,741↑136%$45,183,824↑121%$51,916,520↑79%
2011$25,743,839$20,475,852$28,982,398

Frequently Asked Questions

What does Merit Network INC do?▼

Merit Network INC is a public & societal benefit nonprofit organization based in Michigan. It is classified under NTEE code W50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Merit Network INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Merit Network INC has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Merit Network INC generate?▼

Merit Network INC reports $153.2M in annual revenue and holds $317.2M in total assets, based on IRS filings.

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