MERISTEM INC (EIN 471411177) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

LISA MCCARGAR

Phone

9169631181

Tax Period

2024-06-01 to 2025-05-31

MERISTEM INC, founded in 2014, is a community nonprofit in the Education sector that reported $6.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $7.8M exceeded revenue, resulting in a 22% operating deficit.

Mission

TO SERVE YOUNG ADULTS ON THE AUTISM SPECTRUM THROUGH EDUCATION AND DEVELOPMENT OF LIFE SKILLS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,467,391

Program Service Revenue $3,685,513

Investment Income $86,673

Other Revenue $168,206

TOTAL REVENUE $6,407,783

Expense Breakdown

Grants Paid $169,000

Salaries & Benefits $5,093,427

Fundraising Expenses $493,048

Program Expenses $6,581,971

Other Expenses $2,571,663

TOTAL EXPENSES $7,834,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,407,783	$5,667,339	+0.1%
Expenses	$7,834,090	$6,826,593	+0.1%
Net Income	$-1,426,307	$-1,159,254	+0.2%

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

Governance

Voting Members

Independent Members

Employees

136

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC TURTLETAUB	FOUNDER AND TRUSTEE	2.00	Director	$0	$0	$0
DONNA COURVILLE	CHAIR	3.00	Director	$0	$0	$0
MAUREEN CURRAN	FOUNDER AND DIRECTOR	2.00	Director	$0	$0	$0
JEFF DEROSE	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
GARY MAISEL	TRUSTEE	1.00	Director	$0	$0	$0
LISA ODOM	TRUSTEE	2.00	Director	$0	$0	$0
JACKIE WEINTRAUB	TRUSTEE	1.00	Director	$0	$0	$0
DARRELL STEINBERG	TRUSTEE	1.00	Director	$0	$0	$0
TINA THOMAS	TRUSTEE	1.00	Director	$0	$0	$0
DAROLD MARK	TRUSTEE	1.00	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
2025	$6,407,783	$7,834,090	$6,364,900	$-1,426,307
2024	$5,667,339	$6,826,593	$7,027,848	$-1,159,254
2023	$4,254,302	$5,574,877	$8,061,366	$-1,320,575
2022	$9,021,699	$5,000,723	$9,215,160	$4,020,976
2021	$4,524,417	$4,475,946	$5,595,466	$48,471
2020	$5,650,077	$5,394,586	$5,218,214	$255,491
2019	$6,123,785	$5,666,187	$4,648,114	$457,598
2018	$6,180,201	$5,274,567	$4,400,791	$905,634

MERISTEM INC