MICROENTERPRISE RESOURCES INITIATIVES A DBA MERIT PNW

EIN: 412247717 501(c)(3) Community Improvement

SALEM, OR

Total Revenue
$342,283
Total Expenses
$158,372
Total Assets
$220,740
Net Assets
$210,564
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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
2007
Legal Domicile
OR
Principal Officer
VICTOR VASQUEZ
Phone
5035847314
Tax Period
2023-07-01 to 2024-06-30

MICROENTERPRISE RESOURCES INITIATIVES A DBA MERIT PNW, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $342K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $184K, a strong 54% operating margin.

Mission

HELP PEOPLE START, LAUNCH AND GROW SUCCESSFUL SMALL BUSINESSES THROUGH TRAINING AND SUPPORT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $332,863
Program Service Revenue $9,420
Investment Income $0
Other Revenue $0
TOTAL REVENUE $342,283

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,297
Fundraising Expenses $0
Program Expenses $114,027
Other Expenses $68,075
TOTAL EXPENSES $158,372

Year-over-Year Comparison

2023 2022 Change
Revenue $342,283 $270,261 +0.3%
Expenses $158,372 $220,860 -0.3%
Net Income $183,911 $49,401 +2.7%
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
4
Independent Members
4
Employees
3
Volunteers
1

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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA CURIEL-PAREZ PRESIDENT 4.00
Officer Director
$0 $0 $0
MARIA CABALLERO SECRETARY 4.00
Officer Director
$0 $0 $0
MARIA ELENA GUERRA TREASURY 2.00
Officer Director
$0 $0 $0
JAIME ARREDONDO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
VICTOR VASQUEZ EXECUTIVE DIRECTOR 40.00
Officer
$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
2025 No data No data No data No data
2024 $342,283 $158,372 $220,740 $183,911
2023 $270,261 $220,860 $36,649 $49,401
2022 $158,688 $279,094 $35,746 $-120,406
2021 $337,001 $288,171 $224,346 $48,830
2020 $281,388 $298,041 $25,593 $-16,653
2019 $242,609 $298,192 $42,934 $-55,583
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