Civic Intelligence

Merito Foundation Inc.

990EZ • Fiscal year 2015 • EIN 38-3911932

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

Organization Profilewww.meritofoundation.org
1501 Cardigan AvenueVentura, CA 93004

(805) 729-0442

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.21x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

37th percentile

-1.3%

Higher net margin than 37% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$26,100

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 46.3% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets82nd percentile

Assets

$4,174

No earlier filing loaded for comparison.

Net Assets

$3,311

No earlier filing loaded for comparison.

Liabilities

$863

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin37th percentile

Revenue

$56,409

No earlier filing loaded for comparison.

Expenses

$57,156

No earlier filing loaded for comparison.

Net Income

-$747

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2015: $4,174Liabilities 2015: $863Net Assets 2015: $3,3112015Assets 2016: $21,247Liabilities 2016: $312Net Assets 2016: $20,9352016Assets 2017: $45,195Liabilities 2017: $3,3002017Assets 2018: $11,529Liabilities 2018: $914Net Assets 2018: $10,6152018Assets 2019: $11,925Liabilities 2019: $3,454Net Assets 2019: $8,4712019Assets 2020: $28,313Liabilities 2020: $41,093Net Assets 2020: -$12,7802020Assets 2021: $88,703Liabilities 2021: $14,781Net Assets 2021: $73,9222021Assets 2022: $126,603Liabilities 2022: $40,622Net Assets 2022: $85,9812022Assets 2023: $129,322Liabilities 2023: $12,289Net Assets 2023: $117,0332023

Highlighted filing

2015

Assets$4,174
Liabilities$863
Net Assets$3,311
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $56,409Expenses 2015: $57,156Net Income 2015: -$7472015Revenue 2016: $169,192Expenses 2016: $151,568Net Income 2016: $17,6242016Revenue 2017: $195,984Expenses 2017: $175,024Net Income 2017: $20,9602017Revenue 2018: $140,192Expenses 2018: $171,472Net Income 2018: -$31,2802018Revenue 2019: $175,154Expenses 2019: $177,298Net Income 2019: -$2,1442019Revenue 2020: $150,604Expenses 2020: $171,855Net Income 2020: -$21,2512020Revenue 2021: $297,409Expenses 2021: $210,707Net Income 2021: $86,7022021Revenue 2022: $322,200Expenses 2022: $310,141Net Income 2022: $12,0592022Revenue 2023: $413,304Expenses 2023: $382,252Net Income 2023: $31,0522023

Highlighted filing

2015

Revenue$56,409
Expenses$57,156
Net Income-$747
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.0
Gross Receipts
$56,409
Mission and Program Overview

Mission

MERITO is a 501(c)3 charitable organization dedicated to protecting the ocean by facilitating education, conservation, and scientific research opportunities for multicultural youth and their communities while increasing awareness and understanding of the importance of the ocean, ocean-related threats, and environmentally friendly practices. MERITO also strives to motivate diverse youth to pursue science, technology or engineering careers that relate to the ocean.

Program Services

DescriptionGrantsExpenses
Program Service Accomplishments:MERITO Academy: A comprehensive, hands on, earth and ocean science program, conducted during 2015 28 bilingual in-class presentations and 32 outdoor field trips involving 524 4th - 12th grade students and 28 educators, including 3 professional development training days.EECCOA Program (Energy Efficiency to Mitigate Climate Change and Ocean Acidification) : A project based science education program, conducted during 2015 32 bilingual in-class presentations involving 813 4th - 12th grade students and 8 educators, including 2 professional development training daysMesa Union School District Partnership: In partnership with the Mesa Union School District conducted 4 science based, outdoor field trips involving 40 4th - 12th grade students and 4 educations, including 2 professional development training days.$47,793$48,909
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rocio Lozano KnowltonExecutive DirectorPT$26,100-$26,100
Andrea MillsTreasurer-$400-$400
Cliff RodriguezSecretary-$0--
Megan McCartyVice President-$0--
Ernesto DuranVice President-$0--
Filing and Contact Details

Filer

Filer Name
Multicultural Education for Resource
EIN
38-3911932
Phone
8057290442
Address
1501 Cardigan Avenue, Ventura, CA 93004

Signing Officer

Name
R Lozano Knowlton
Title
Executive Director
Signed
2016-05-16
Discuss with paid preparer
Yes

Preparer

Firm
McGINITY & NODAR LLP
Address
11300 W Olympic Blvd Suite 620, Los Angeles, CA 90064
Preparer
Brent A Sweet
Phone
3104810040
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $724”

Other Expenses.1007

“Conferences, Conventions, and Meetings $285”

Other Expenses.1012

“Insurance $2000”

Other Expenses.1

“Field Trip Transportation $10954”

Other Expenses.2

“Supplies $1879”

Other Expenses.3

“Payroll taxes $1576”

Other Expenses.4

“Program meals $791”

Other Expenses.5

“Facilities rental $650”

Other Expenses.6

“Professional development $617”

Other Expenses.7

“Equipment rental $200”

Other Expenses.8

“Teacher stipend $150”

Other Expenses.10

“Meals & Entertainment $106”

Other Expenses.11

“Web Hosting $87”

Other Expenses.12

“Bank charges $41”

Total Liabilities.1

“Credit card - Beginning $1720 Credit card - Ending $863”

Raw XML Appendix174 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum08056590408
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Ventura
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093004
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05778
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IRS990EZ/ExcessOrDeficitForYearAmt0-747
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt03311
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04058
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03311
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt026100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt2400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rocio Lozano Knowlton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Cliff Rodriguez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Andrea Mills
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Megan McCarty
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Ernesto Duran
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt020060
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MERITO is a 501(c)3 charitable organization dedicated to protecting the ocean by facilitating education, conservation, and scientific research opportunities for multicultural youth and their communities while increasing awareness and understanding of the importance of the ocean, ocean-related threats, and environmentally friendly practices. MERITO also strives to motivate diverse youth to pursue science, technology or engineering careers that relate to the ocean.
IRS990EZ/PrintingPublicationsPostageAmt0109
IRS990EZ/ProgramServiceRevenueAmt07500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Program Service Accomplishments:MERITO Academy: A comprehensive, hands on, earth and ocean science program, conducted during 2015 28 bilingual in-class presentations and 32 outdoor field trips involving 524 4th - 12th grade students and 28 educators, including 3 professional development training days.EECCOA Program (Energy Efficiency to Mitigate Climate Change and Ocean Acidification) : A project based science education program, conducted during 2015 32 bilingual in-class presentations involving 813 4th - 12th grade students and 8 educators, including 2 professional development training daysMesa Union School District Partnership: In partnership with the Mesa Union School District conducted 4 science based, outdoor field trips involving 40 4th - 12th grade students and 4 educations, including 2 professional development training days.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt047793
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048909
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt026500
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01720
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0863
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt057156
IRS990EZ/TotalProgramServiceExpensesAmt047793
IRS990EZ/TotalRevenueAmt056409
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.meritofoundation.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt048909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt064911
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07500
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08400
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt031587
IRS990ScheduleA/OtherIncome170Grp/TotalAmt047487
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt064911
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt048909
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016002
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt064911
IRS990ScheduleA/TotalSupportAmt0112398
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $285
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Field Trip Transportation $10954
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies $1879
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Payroll taxes $1576
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Program meals $791
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Facilities rental $650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Professional development $617
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Equipment rental $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Teacher stipend $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Meals & Entertainment $106
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Web Hosting $87
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Bank charges $41
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Credit card - Beginning $1720 Credit card - Ending $863
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0R Lozano Knowlton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Multicultural Education for Resource
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Issues Theatening Oceans Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0MULT
ReturnHeader/Filer/EIN0383911932
ReturnHeader/Filer/PhoneNum08057290442
ReturnHeader/Filer/USAddress/AddressLine1Txt01501 Cardigan Avenue
ReturnHeader/Filer/USAddress/CityNm0Ventura
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0McGINITY & NODAR LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011300 W Olympic Blvd Suite 620
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Los Angeles
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090064
ReturnHeader/PreparerPersonGrp/PhoneNum03104810040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brent A Sweet
ReturnHeader/ReturnTs02016-05-16T16:56:25-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,174
Liabilities
$863
Net assets
$3,311
Revenue
$56,409
Expenses
$57,156
Net income
-$747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.12$1.17$4.13$3.82$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.41$0.86$3.22$3.10$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.15$0.74$2.97$2.11$0.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.41$0.13$1.51$1.72$0.21
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.12$0.03$0.08$1.75$1.77$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.01$0.11$1.40$1.71$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.03$1.96$1.75$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$1.69$1.52$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.56$0.57$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits