BALTIMORE, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEDICAL EDUCATION RESOURCES INITIATIVE FOR TEENS INC, founded in 2014, is a small nonprofit in the Youth Development sector that reported $195K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $806K exceeded revenue, resulting in a 314% operating deficit.
MEDICAL EDUCATION RESOURCES INITIATIVE FOR TEENS (MERIT) AIMS TO ELIMINATE HEALTH CARE DISPARITIES BY TRANSFORMING UNDER-REPRESENTED HIGH SCHOOL STUDENTS INTO HEALTH CARE LEADERS. TO ACCOMPLISH THESE GOALS, MERIT PROVIDES SUPPORT AND OPPORTUNITIES TO STUDENTS THROUGH MIDDLE SCHOOL, HIGH SCHOOL, COLLEGE, AND BEYOND. THIS SUPPORT INCLUDES RIGOROUS ACADEMIC CLASSES, INTENSIVE MENTORSHIP, COLLEGE COUNSELING, HEALTH CAREER INTERNSHIPS, AND MORE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $194,784 | $580,309 | -0.7% |
| Expenses | $805,890 | $806,201 | 0.0% |
| Net Income | $-611,106 | $-225,892 | +1.7% |
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 |
|---|---|---|---|---|---|---|
| CHITAMAWE DAKA MULWANDA | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHYAM GADWAL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEOFFREY GENTH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TYLER MAINS MD | CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT WRIGHT MD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTIN KOSMIDES | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN MCDONALD | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR SHERITA GOLDEN | MEMBER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LISA EGBOUNU-DAVIS MD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIMMY TADLOCK | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$127,213 | $0 | $127,213 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $194,784 | $805,890 | $1,276,651 | $-611,106 |
| 2023 | $580,309 | $806,201 | $1,884,823 | $-225,892 |
| 2022 | $920,463 | $922,170 | $2,103,075 | $-1,707 |
| 2021 | $1,067,500 | $795,380 | $2,116,740 | $272,120 |
| 2020 | $746,231 | $786,249 | $1,898,357 | $-40,018 |
| 2019 | $1,793,554 | $802,144 | $1,828,504 | $991,410 |
| 2018 | $786,640 | $788,584 | $846,015 | $-1,944 |
Compare MEDICAL EDUCATION RESOURCES INITIATIVE FOR TEENS INC with other nonprofits in Maryland and across the country.