MERAKEY DELAWARE COUNTY

EIN: 231887233 501(c)(3) Mental Health

LAFAYETTE HILL, PA

Total Revenue
$17,644,990
Total Expenses
$18,234,876
Total Assets
$5,104,782
Net Assets
$-9,250,096
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
PA
Principal Officer
JOSEPH MARTZ
Phone
6102604600
Tax Period
2024-07-01 to 2025-06-30

MERAKEY DELAWARE COUNTY, founded in 1973, is a mid-sized nonprofit in the Mental Health sector that reported $17.6M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

PROVIDE SERVICES TO INDIVIDUALS WHO HAVE INTELLECTUAL DEVELOPMENTAL DISABILITIES, DRUG AND ALCOHOL PROBLEMS, AND BEHAVIORAL HEALTH ISSUES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,864
Program Service Revenue $17,636,284
Investment Income $0
Other Revenue $3,842
TOTAL REVENUE $17,644,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,390,206
Fundraising Expenses $0
Program Expenses $16,358,094
Other Expenses $6,844,670
TOTAL EXPENSES $18,234,876

Year-over-Year Comparison

2024 2023 Change
Revenue $17,644,990 $20,803,124 -0.2%
Expenses $18,234,876 $18,218,353 +0.0%
Net Income $-589,886 $2,584,771 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
1
Employees
294
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$2,397,265
Total Directors
6
$3,658,373
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH MARTZ PRESIDENT/CEO 0.50
Officer Director
$0 $55,260 $1,367,764
DERRICK YACOVELLI TREASURER/SECRETARY/CFO 0.50
Officer Director
$0 $45,661 $818,642
THEODORE DALLAS DIRECTOR/COO 0.50
Director
$0 $27,315 $775,126
NICOLE CONNELL VP/SENIOR ED, ABH 0.50
Officer Director
$0 $31,654 $210,859
ROBERT NIX III ESQ DIRECTOR 0.50
Director
$0 $0 $0
REBECCA RICHWINE DIRECTOR/SVP, CFS 0.50
Director
$0 $21,354 $485,982
TUSHAR SARKER PSYCHIATRIST 37.50
Highest
$241,966 $22,688 $264,654
SALEHA ABBAS PSYCHIATRIST 37.50
Highest
$229,975 $32,409 $262,384
KANAN PATEL NURSE PRACTITIONER 37.50
Highest
$109,324 $10,765 $120,089
DEBORAH BENN-TYSON NURSE MANAGER 37.50
Highest
$134,722 $17,926 $152,648
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $17,644,990 $18,234,876 $5,104,782 $-589,886
2024 $20,803,124 $18,218,353 $6,331,426 $2,584,771
2023 $17,904,855 $18,346,262 $3,136,292 $-441,407
2022 $19,883,283 $18,077,383 $1,544,273 $1,805,900
2021 $21,704,639 $20,613,406 $1,242,283 $1,091,233
2020 $21,485,379 $22,147,826 $3,773,714 $-662,447
2019 $21,445,733 $22,097,250 $5,405,635 $-651,517
2018 $20,188,804 $21,423,418 $3,308,756 $-1,234,614
Explore More Nonprofits
→Top 100 Nonprofits in Pennsylvania →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MERAKEY DELAWARE COUNTY with other nonprofits in Pennsylvania and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.