P — Human ServicesEIN: 620674655· Ruling Year: 1975

Meritan Inc

Memphis, Tennessee

B-Health Score
52B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.03×
Peer Median7.39×
💰
$17.5M
Total Revenue
📊
$15.1M
Total Expenses
🏦
-$439K
Net Assets
📋
$5.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.3%
Year-over-year change (2023 → 2024)
Net Margin
+13.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.03
Net assets divided by total expenses
Liabilities-to-Assets
109.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$17,521,561↓5%$15,124,383↑1%$4,638,909↓17%
2023$18,510,739↑13%$15,002,716↑17%$5,573,292↑19%
2022$16,356,031↑31%$12,786,874↑10%$4,688,088↓27%
2021$12,507,175↓8%$11,624,626↓2%$6,427,903↓12%
2020$13,594,463↑2%$11,820,509↓12%$7,310,987↑12%
2019$13,374,289↓7%$13,450,999↓9%$6,504,862↓10%
2018$14,376,687↓11%$14,813,742↓10%$7,250,496↑6%
2017$16,152,740↓2%$16,384,730$6,830,807↓5%
2016$16,515,918↑3%$16,411,822↑10%$7,156,434↑15%
2015$16,011,806$14,904,716↑3%$6,201,222↑2%
2014$15,942,986↑12%$14,468,771↓1%$6,067,165↓16%
2013$14,258,313↑4%$14,559,317↑1%$7,204,289↓10%
2012$13,717,256↓7%$14,352,420↓9%$8,032,342↑4%
2011$14,709,002$15,692,100$7,754,071

Frequently Asked Questions

What does Meritan Inc do?▼

Meritan Inc is a human services nonprofit organization based in Tennessee. It is classified under NTEE code P800 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Meritan Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Meritan Inc has a score of 52/100 (Grade: B-). 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 Meritan Inc generate?▼

Meritan Inc reports $15.5M in annual revenue and holds $5.4M in total assets, based on IRS filings.

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