MERIT AMERICA

EIN: 842108762 501(c)(3) Human Services

WASHINGTON, DC

Total Revenue
$61,425,877
Total Expenses
$50,954,245
Total Assets
$43,053,154
Net Assets
$31,186,413
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DC
Principal Officer
REBECCA TABER STAEHELIN
Phone
9143103148
Tax Period
2024-01-01 to 2024-12-31

MERIT AMERICA, founded in 2019, is a mid-sized nonprofit in the Human Services sector that reported $61.4M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.5M, a strong 17% operating margin.

Mission

TO PROVIDE A PATH TO SKILLED CAREERS FOR THE MILLIONS OF AMERICANS WITHOUT COLLEGE DEGREES.

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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 $46,063,888
Program Service Revenue $14,345,608
Investment Income $1,014,887
Other Revenue $1,494
TOTAL REVENUE $61,425,877

Expense Breakdown

Grants Paid $530,624
Salaries & Benefits $30,175,529
Fundraising Expenses $1,262,129
Program Expenses $47,296,713
Other Expenses $20,248,092
TOTAL EXPENSES $50,954,245

Year-over-Year Comparison

2024 2023 Change
Revenue $61,425,877 $43,214,562 +0.4%
Expenses $50,954,245 $36,218,842 +0.4%
Net Income $10,471,632 $6,995,720 +0.5%
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
8
Independent Members
6
Employees
248
Volunteers
6

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
$1,465,030
Total Directors
8
$1,196,114
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONNOR DIEMAND-YAUMAN CO-FOUNDER AND CO-CEO 40.00
Officer Director
$532,311 $66,855 $599,166
REBECCA TABER STAEHELIN CO-FOUNDER AND CO-CEO 40.00
Officer Director
$512,754 $84,194 $596,948
ANNE KEENAN CHIEF MARKETING OFFICER 40.00
Highest
$291,863 $43,976 $335,839
RYAN OUELLETTE CHIEF PROGRAM OFFICER 40.00
Highest
$273,994 $23,919 $297,913
JENNIFER MAZZON CHIEF PRODUCT OFFICER 40.00
Highest
$252,221 $57,031 $309,252
MEGHAN CRESSMAN VICE PRESIDENT, DEVELOPMENT 40.00
Highest
$250,045 $42,483 $292,528
LEILA MAKARECHI CHIEF BUS. OFFICER/CHIEF POLICY OFFICER 40.00
Highest
$246,793 $35,578 $282,371
LAL JONES-BEY CHIEF FINANCIAL OFFICER (THRU 8/24) 40.00
Officer
$239,408 $29,508 $268,916
NORMAN ATKINS DIRECTOR/ BOARD CHAIR 1.00
Officer Director
$0 $0 $0
BYRON AUGUSTE DIRECTOR 1.00
Director
$0 $0 $0
NAOMI BAGDONAS DIRECTOR 1.00
Director
$0 $0 $0
AHMMAD BROWN DIRECTOR 1.00
Director
$0 $0 $0
REBECCA LEVIN DIRECTOR 1.00
Director
$0 $0 $0
YIN LU DIRECTOR 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
2024 $61,425,877 $50,954,245 $43,053,154 $10,471,632
2023 $43,214,562 $36,218,842 $30,452,510 $6,995,720
2022 $28,420,779 $22,530,704 $23,949,600 $5,890,075
2021 $11,449,992 $9,009,101 $16,787,375 $2,440,891
2020 $6,184,968 $3,457,983 $10,125,832 $2,726,985
2019 $2,706,328 $16,870 $2,811,249 $2,689,458
2019 $2,796,328 $16,870 $2,811,249 $2,779,458
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