MERAKEY CHILDRENS SERVICES (EIN 236296524) - 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

DERRICK YACOVELLI

Phone

6102604600

Tax Period

2024-07-01 to 2025-06-30

MERAKEY CHILDRENS SERVICES, founded in 1985, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $8.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDE BEHAVIORAL HEALTH SERVICES TO CHILDREN AND FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,284

Program Service Revenue $6,915,217

Investment Income $0

Other Revenue $2,709

TOTAL REVENUE $6,924,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,581,428

Fundraising Expenses $0

Program Expenses $7,204,751

Other Expenses $2,494,207

TOTAL EXPENSES $8,075,635

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,924,210	$7,749,049	-0.1%
Expenses	$8,075,635	$8,970,486	-0.1%
Net Income	$-1,151,425	$-1,221,437	-0.1%

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

144

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

$1,173,545

Total Directors

$2,228,062

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRICK YACOVELLI	CFO/TREASURER/SECRETARY	0.50	Officer Director	$0	$45,661	$818,642
MALCOLM MUSGROVE	VP/VP, ABH	0.50	Officer Director	$0	$32,384	$354,903
SLYVIA PURNELL	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT NIX III ESQ	PRESIDENT	0.50	Officer Director	$0	$0	$0
REBECCA RICHWINE	DIRECTOR/SVP, C&FS	0.50	Director	$0	$21,354	$485,982
LEAH PASON	DIRECTOR/CPO	0.50	Director	$0	$26,041	$568,535
AYESHA WAHEED	PSYCHOLOGIST	37.50	Highest	$302,707	$24,805	$327,512

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	$6,924,210	$8,075,635	$1,876,398	$-1,151,425
2024	No data	No data	No data	No data
2023	$15,874,061	$8,892,924	$2,554,699	$6,981,137
2022	$11,893,306	$8,917,355	$2,528,837	$2,975,951
2021	$9,116,388	$9,589,100	$1,423,220	$-472,712
2020	$9,849,585	$11,067,981	$1,502,896	$-1,218,396
2019	$12,425,280	$12,871,072	$2,198,719	$-445,792
2018	$13,321,608	$13,809,101	$3,010,004	$-487,493

MERAKEY CHILDRENS SERVICES