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Nonprofiteer
← MERITAN INC

Form 990 for tax year 2022

Filed by MERITAN INC.

Totals

Total revenue
$18,510,739
Total expenses
$15,002,716
Contributions and grants received
$2,628,673
Grants paid
$0
Program service revenue
$12,722,118
Investment income
$19,586
Other revenue
$3,140,362
Total assets, end of year
$5,573,292
Total liabilities, end of year
$8,405,092
Net assets or fund balances, end of year
-$2,831,800
Program services expenses (Part IX)
$14,739,056
Management and general expenses
$263,660
Fundraising expenses
$0
Program service expenses (Part III)
$14,739,056

Program services were 98.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,742,503

  • 1f · All other contributions, gifts and grants

    $886,170

  • 2a · Program service revenue: FOSTER CARE

    total $8,723,155 · related or exempt $8,723,155

  • 2b · Program service revenue: OTHER FEE FOR SERVICE

    total $2,215,925 · related or exempt $2,215,925

  • 2c · Program service revenue: MEDICARE

    total $1,783,038 · related or exempt $1,783,038

  • 3 · Investment income

    total $19,586 · excluded $19,586

  • 11a · Other revenue: PENSION COST

    total $3,045,840 · related or exempt $3,045,840

  • 11b · Other revenue: FUNDRAISING INCOME

    total $94,522 · related or exempt $94,522

  • 11e · Other revenue, total

    $3,140,362

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $710,116 · program services $710,116

  • 7 · Other salaries and wages

    total $3,938,926 · program services $3,938,926

  • 9 · Other employee benefits

    total $431,155 · program services $431,155

  • 10 · Payroll taxes

    total $330,007 · program services $330,007

  • 11a · Fees: management

    total $1,717,398 · program services $1,601,323 · management and general $116,075

  • 11b · Fees: legal

    total $26,163 · program services $26,163

  • 11c · Fees: accounting

    total $60,000 · program services $60,000

  • 11g · Fees: other

    total $5,410,019 · program services $5,410,019

  • 13 · Office expenses

    total $418,724 · program services $354,994 · management and general $63,730

  • 16 · Occupancy

    total $308,183 · program services $287,748 · management and general $20,435

  • 17 · Travel

    total $223,966 · program services $223,966

  • 20 · Interest

    total $109,386 · program services $109,386

  • 22 · Depreciation, depletion and amortization

    total $22,546 · program services $22,546

  • 23 · Insurance

    total $236,420 · program services $173,738 · management and general $62,682

  • 24a · Other expenses: BAD DEBT

    total $1,018,785 · program services $1,018,785

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $21,861 · program services $21,123 · management and general $738

  • 24c · Other expenses: TRAINING

    total $9,508 · program services $9,508

  • 24d · Other expenses: EQUIPMENT RENTAL

    total $9,487 · program services $9,487

  • 24e · All other expenses

    total $66 · program services $66

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $668,992 · end of year $865,432

  • 3 · Pledges and grants receivable

    beginning of year $1,297,873 · end of year $1,505,412

  • 4 · Accounts receivable

    beginning of year $860,009 · end of year $306,412

  • 7 · Other notes and loans receivable

    beginning of year $625,377 · end of year $507,721

  • 9 · Prepaid expenses and deferred charges

    beginning of year $216,623 · end of year $113,169

  • 10a · Land, buildings and equipment: cost or other basis

    $887,112

  • 10b · Land, buildings and equipment: accumulated depreciation

    $433,958

  • 10c · Land, buildings and equipment, net

    beginning of year $470,953 · end of year $453,154

  • 11 · Investments: publicly traded securities

    beginning of year $548,261 · end of year $571,257

  • 14 · Intangible assets

    end of year $1,250,735

  • 17 · Accounts payable and accrued expenses

    beginning of year $501,269 · end of year $489,424

  • 23 · Secured mortgages and notes payable

    beginning of year $775,000 · end of year $266,804

  • 25 · Other liabilities

    beginning of year $9,759,441 · end of year $7,648,864

  • 27 · Net assets without donor restrictions

    beginning of year -$6,347,622 · end of year -$2,831,800

Mission and programs · 2022

Mission

IMPROVE WELL-BEING AND PROMOTE INDEPENDENCE THROUGHOUT LIFE'S STAGES WITH QUALITY AND COMPASSION

  • SPECIALIZED FOSTER CARE MERITAN'S THERAPEUTIC FOSTER CARE PROGRAM PROVIDES SAFE, NURTURING FOSTER CARE HOMES FOR EMOTIONALLY AND PHYSICALLY FRAGILE CHILDREN AND INFANTS, MOST OF WHOM COME FROM ABUSIVE BACKGROUNDS

    Expenses $11,845,493 · Revenue $10,939,080

  • HOME HEALTH MERITAN'S HOME HEALTH ASSISTS CLIENTS IN THEIR HOMES WITH A FULL SPECTRUM OF SERVICES, INCLUDING SKILLED NURSING, HOME HEALTH AIDES, MEDICAL SOCIAL WORKERS, PHYSICAL, SPEECH, AND OCCUPATIONAL THERAPIES.

    Expenses $2,893,563 · Revenue $1,738,038

As filed on the 2022 return.

Listed in Part VII

  • Mark Bouie

    VP OF FOSTER

    Total calculated
    $136,298
    From this org
    $136,298
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Justin Bailey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gerrie Currie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Crystal Hatcher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephen Hoffman

    VICE-CHAIRMA

    Total calculated
    $0
    Hours/week
    1

  • Bethany Huffman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jerome Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Strickland

    PAST CHAIRMA

    Total calculated
    $0
    Hours/week
    1

  • Bryant Joshua Turner

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Scott Walkup

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Sharon Younger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Melanie Keller

    PRESIDENT, C

    Total calculated
    $0
    Hours/week
    40

  • Patti Kesler

    SENIOR VP CF

    Total calculated
    $0
    Hours/week
    40

  • Asia Meador

    GENERAL COUN

    Total calculated
    $0
    Hours/week
    40

  • Jeff Weesner

    CAO

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
1 November 2023
IRS schema version
2022v5.0
Source object
202303069349300645

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