MERIT SPREAD FOUNDATION INC

EIN: 372057617 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$12,995,882
Total Expenses
$12,221,137
Total Assets
$3,015,679
Net Assets
$3,015,679
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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
2023
Legal Domicile
NY
Principal Officer
ARIEL C TAL
Phone
2125741688
Tax Period
2024-01-01 to 2024-12-31

MERIT SPREAD FOUNDATION INC, founded in 2023, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $13.0M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $12.2M left a modest 6% surplus.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,995,882
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,995,882

Expense Breakdown

Grants Paid $4,158,685
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $12,221,137
Other Expenses $8,062,452
TOTAL EXPENSES $12,221,137

Year-over-Year Comparison

2024 2023 Change
Revenue $12,995,882 $8,639,136 +0.5%
Expenses $12,221,137 $6,399,602 +0.9%
Net Income $774,745 $2,239,534 -0.7%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALON TAL DIRECTOR N/A
Director
$0 $0 $0
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
2024 $12,995,882 $12,221,137 $3,015,679 $774,745
2023 $8,639,136 $6,399,602 $2,240,833 $2,239,534
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