Meritas Inc
Bloomington, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,671,906↑11% | $4,472,441↑14% | $5,463,855↑6% | — |
| 2022 | $4,193,238↑20% | $3,938,713↑33% | $5,178,417↑7% | — |
| 2021 | $3,491,008↓1% | $2,970,575↓7% | $4,826,395↑13% | — |
| 2020 | $3,527,860↓17% | $3,186,787↓26% | $4,261,942↑8% | — |
| 2019 | $4,255,175↑1% | $4,288,887↑5% | $3,947,326 | — |
| 2018 | $4,221,473↑1% | $4,077,645↑3% | $3,964,447↑3% | — |
| 2017 | $4,188,234↑3% | $3,942,868↓3% | $3,842,932↑8% | — |
| 2016 | $4,054,191↑2% | $4,051,596↑3% | $3,556,298↓1% | — |
| 2015 | $3,983,579↓4% | $3,930,951↓3% | $3,606,029↑3% | — |
| 2014 | $4,142,992 | $4,034,280↓5% | $3,517,013↑2% | — |
| 2013 | $4,160,431↑3% | $4,235,561↑2% | $3,456,718↓3% | — |
| 2012 | $4,043,466 | $4,142,865↑7% | $3,572,881↓2% | — |
| 2011 | $4,043,971 | $3,868,979 | $3,647,498 | — |
Frequently Asked Questions
What does Meritas Inc do?▼
Meritas Inc is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Meritas Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Meritas Inc has a score of 74/100 (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 Meritas Inc generate?▼
Meritas Inc reports $4.5M in annual revenue and holds $5.7M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Unclassified category, or browse all nonprofits in Minnesota.