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$41,116,60422%$42,818,32316%$196,866,587
2022$33,834,61141%$36,815,45626%$197,507,4993%
2021$23,963,99616%$29,263,1219%$203,858,2126%
2020$28,602,95276%$32,072,8906%$191,780,3862%
2019$119,289,294218%$30,327,8313%$196,140,4141%
2018$37,557,87731%$31,125,9351%$198,076,60480%
2017$54,430,30941%$31,413,14514%$109,853,87622%
2016$38,612,64470%$27,544,71412%$90,291,51231%
2015$22,679,35936%$24,488,655$68,862,6903%
2014$35,404,27159%$24,458,44263%$71,144,8068%
2013$86,044,07442%$66,576,81847%$77,561,68949%
2012$60,634,741136%$45,183,824121%$51,916,52079%
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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