BEducationEIN: 852365942· Ruling Year: 2020

Merit Academy

Woodland Park, Colorado

CHealth Score
36C

Financial Health Score

Provisional

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

Below Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.22×
Peer Median20.77×
💰
$4.4M
Total Revenue
📊
$5.8M
Total Expenses
🏦
-$1.3M
Net Assets
📋
$5.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+60.9%
Year-over-year change (2022 → 2023)
Net Margin
-31.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.22
Net assets divided by total expenses
Liabilities-to-Assets
128.9%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$4,399,23661%$5,781,676125%$4,326,463257%
2022$2,734,807$2,567,152$1,211,326

Frequently Asked Questions

What does Merit Academy do?

Merit Academy is a education nonprofit organization based in Colorado. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Merit Academy financially healthy?

Based on our 9-metric Financial Health Score model, Merit Academy has a score of 36/100 (Grade: C). 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 Academy generate?

Merit Academy reports $5.4M in annual revenue and holds $5.0M in total assets, based on IRS filings.

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