Quick charity verification for Merakey New Jersey Inc (EIN: 222334709)
Verdict: Merakey New Jersey Inc appears trustworthy
75/100Mission Score
$18.1MRevenue
$4.7MAssets
2Red Flags
2Strengths
Red Flags
Consistent reporting of 0% compensation for key employees across all available filings (e.g., 202306, 202206) raises questions about how executive salaries are actually accounted for.
Total assets have shown a significant decline from $3,900,400 in 2020 to $3,804,978 in 2023, while liabilities have increased from $3,280,918 in 2021 to $4,555,792 in 2023.
Strengths
The organization has maintained a relatively stable revenue stream, with 2023 revenue at $15,710,625 and 2022 at $15,992,317.
Despite fluctuations, the organization has consistently reported positive net assets (assets minus liabilities) in most years, indicating financial solvency.
AI Transparency Report
Merakey New Jersey Inc is a unknown nonprofit based in Lafayette Hl, Pennsylvania, with reported revenue of $18.1M and assets of $4.7M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is consistently reported as 0% in available filings, which is unusual for an organization of this size and suggests compensation may be reported under different categories or through a related entity, requiring deeper scrutiny. Revenue has grown +621% across 13 filing periods.