Ventura, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MERITO Foundation Inc FKA MutliCultural Education for Reso, founded in 2013, is a small nonprofit in the Environment sector that reported $557K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum.
MERITO is a 501(c)3 charitable organization dedicated to protecting the ocean by facilitating education, conservation, and scientific research opportunities for multicultural youth and their communities while increasing awareness and understanding of the importance of the ocean, ocean-related threats, and environmentally friendly practices. MERITO also strives to motivate diverse youth to pursue science, technology or engineering careers that relate to the ocean.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $557,421 | $413,304 | +0.3% |
| Expenses | $546,270 | $382,252 | +0.4% |
| Net Income | $11,151 | $31,052 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Rocio Lozano Knowlton | Exec. Director | 40.00 |
Officer
Director
|
$103,200 | $0 | $103,200 |
| Linda Chilton | Treasurer | 2.00 |
Officer
Director
|
$1,000 | $0 | $1,000 |
| Cliff Rodriguez | Vice President | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Lantrip | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Adam Vega | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Judy Willens | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Andrea Mills | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Alejandra Belalcazar | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Carlos Cohen II | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $557,421 | $546,270 | $129,048 | $11,151 |
| 2023 | $413,304 | $382,252 | $129,322 | $31,052 |
| 2022 | $322,200 | $310,141 | $126,603 | $12,059 |
| 2021 | $297,409 | $210,707 | $88,703 | $86,702 |
Compare MERITO Foundation Inc FKA MutliCultural Education for Reso with other nonprofits in California and across the country.