MERAKEY PHILADELPHIA (EIN 232175923) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

JOSEPH MARTZ

Phone

6102604600

Tax Period

2022-07-01 to 2023-06-30

MERAKEY PHILADELPHIA, founded in 1985, is a mid-sized nonprofit in the Mental Health sector that reported $31.3M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.1M, a strong 16% operating margin.

Mission

PROVIDE COMPREHENSIVE BEHAVIORAL HEALTH AND INTELLECTUAL DEVELOPMENTAL DISABILITIES SERVICES.

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Trantor Score

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

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $9,250

Program Service Revenue $30,824,747

Investment Income $246,132

Other Revenue $251,947

TOTAL REVENUE $31,332,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,648,992

Fundraising Expenses $0

Program Expenses $23,327,883

Other Expenses $10,543,917

TOTAL EXPENSES $26,192,909

Year-over-Year Comparison

	2022	2021	Change
Revenue	$31,332,076	$27,404,714	+0.1%
Expenses	$26,192,909	$25,491,229	+0.0%
Net Income	$5,139,167	$1,913,485	+1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

445

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

$1,013,129

Total Directors

$2,446,980

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH MARTZ	DIRECTOR/CEO	0.50	Director	$0	$55,952	$1,176,036
DERRICK YACOVELLI	CFO/TREASURER/SECRETARY	0.50	Officer Director	$0	$34,145	$705,871
MALCOLM MUSGROVE	VP/VP,ABH	1.00	Officer Director	$0	$29,063	$307,258
SYLVIA PURNELL	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT NIX III	PRESIDENT/DIRECTOR	0.50	Officer Director	$0	$0	$0
BETTY BOYD	DIRECTOR/VP,IDD	0.50	Director	$0	$15,627	$257,815
BEN BOSWELL	PSYCHIATRIST	37.50	Highest	$277,061	$36,705	$313,766
MINI VARGHESE	PSYCHIATRIST	37.50	Highest	$247,044	$742	$247,786
CLEMENT JOHN	NURSE	37.50	Highest	$148,833	$832	$149,665
USHA SAGREIYA	PSYCHIATRIST	37.50	Highest	$211,648	$30,747	$242,395
ANNA WOOD	CERTIFIED REGISTERED NURSE	37.50	Highest	$187,735	$3,463	$191,198

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$31,332,076	$26,192,909	$17,209,041	$5,139,167
2022	$27,404,714	$25,491,229	$15,148,907	$1,913,485
2021	$27,521,288	$26,720,078	$11,328,982	$801,210
2020	$27,739,657	$28,751,560	$10,187,505	$-1,011,903
2019	$29,245,378	$28,799,653	$11,599,546	$445,725
2018	$28,505,463	$28,563,974	$11,188,143	$-58,511

MERAKEY PHILADELPHIA