FONDATION MERIEUX USA INC

EIN: 460698754 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$585,175
Total Expenses
$854,179
Total Assets
$673,772
Net Assets
$301,798
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
DE
Principal Officer
LOUIS DELORME
Phone
2023896245
Tax Period
2024-01-01 to 2024-12-31

FONDATION MERIEUX USA INC, founded in 2011, is a small nonprofit in the International Affairs sector that reported $585K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $854K exceeded revenue, resulting in a 46% operating deficit.

Mission

THE MERIEUX FOUNDATION USA IS A PUBLIC CHARITY DEDICATED TO BUILDING CAPACITY IN DEVELOPING COUNTRIES TO IMPROVE DIAGNOSTIC CAPABILITIES FOR LOCAL HEALTHCARE, AND FOR THE SURVEILLANCE, ALERT AND RESPONSE TO INFECTIOUS DISEASE EPIDEMICS.

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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 $585,175
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $585,175

Expense Breakdown

Grants Paid $299,129
Salaries & Benefits $359,293
Fundraising Expenses $103,639
Program Expenses $327,226
Other Expenses $195,757
TOTAL EXPENSES $854,179

Year-over-Year Comparison

2024 2023 Change
Revenue $585,175 $776,080 -0.2%
Expenses $854,179 $675,731 +0.3%
Net Income $-269,004 $100,349 -3.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
7

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
4
$40,391
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DAVID L HEYMANN PRESIDENT/CHAIR 2.00
Officer Director
$0 $0 $0
DR WARREN JOHNSON VICE CHAIR/TREASURER 1.00
Officer Director
$0 $0 $0
MS KARINE MEHLER SECRETARY 0.50
Officer Director
$0 $0 $0
DR JON ANDRUS DIRECTOR 1.00
Director
$0 $0 $0
MS CLARE O'BRIEN DIRECTOR 1.00
Director
$0 $0 $0
MR DIDIER CHERPITEL DIRECTOR 1.00
Director
$0 $0 $0
LOUIS DELORME CEO 40.00
Officer
$27,980 $12,411 $40,391
KOREN WOLMAN-TARDY FORMER CEO 40.00
$156,613 $64,867 $221,480
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 $585,175 $854,179 $673,772 $-269,004
2023 $776,080 $675,731 $919,346 $100,349
2022 $2,617,580 $2,506,569 $1,080,270 $111,011
2021 $2,897,629 $2,502,246 $970,066 $395,383
2020 $2,839,730 $2,728,261 $852,991 $111,469
2019 $766,353 $683,034 $361,759 $83,319
2018 $753,594 $988,491 $168,754 $-234,897
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