Merakey Bucks County

Nonprofit profile at a glance

EIN
231876000
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Lafayette Hill, PA, USA
Phone
6102604600
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Developmentally Disabled Centers

Official website

Reported finances

Revenue
$7,451,321
Expenses
$6,993,421
Assets
$1,267,268
Liabilities
$1,829,855

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JOSEPH MARTZ (PRESIDENT/CEO)
  • LEAH PASON (VICE PRESIDENT/CPO)

Highest reported compensation

  • JOSEPH MARTZ (PRESIDENT/CEO): $1,367,764 total reported compensation
  • DERRICK YACOVELLI (TREASURER/SECRETARY/CFO): $818,642 total reported compensation
  • THEODORE DALLAS (DIRECTOR/COO): $775,126 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide behavioral health and intellectual developmental disabilities services to children and adults in bucks county pa through community based and residential programs.

What it reported doing in 2024

Merakey bucks county supports eleven individuals with intellectual and developmental disabilities (i/dd). Our eleven individuals share four homes throughout bucks county in croydon, fairless hills, levittown, and yardley pa, they are living their most meaningful lives. The homes in bucks county are all traditional community-based homes with 24-hour support, ada compliant, spacious, and well taken care of. The families, outside agencies, the individuals served and their merakey support team work as one unit to better the lives of the individuals. One individual transitioned from our woodhaven icf institutional type of setting to her new community-based home in croydon, pa in july 2024. Merakey also offers a monthly consumer advocacy group (cag), which provides our individuals with a platform to advocate for themselves without staff or management presence.merakey bucks county also provides in home and community supports to two individuals. The service provides support within their apartments and in the community, providing them with home support and community engagement. Merakey provides community-based case management services to residents of bucks county. These services work with individuals in the community to link them to resources, provide therapeutic interventions, and ensure individuals behavioral health and physical health needs are met through referrals to community providers or receiving direct interventions from merakey. Merakey also provides a residential program for adults with behavioral health diagnoses. The community residential rehabilitation (crr) provides oversight 24/7, ensures safety, and teaches skills to 16 adult individuals who struggle with mental health challenges. Staff assist individuals in learning about their illness and medications, developing social networks, model and teach daily living skills, and assist individuals to ensure they follow up with behavioral health and physical health appointments. The goal of the crr is to assist individuals in building skills to graduate to independent living.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 60
  • Accountability: 42
  • Sustainability: 34
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.8%; rating input score 84
  • Program expense ratio: 89.3%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 16.7%; rating input score 17; 6th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.1%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 1.44; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 0.8% per year; rating input score 100; 17th percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: -0.6% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 83.8% of revenue deployed · 89.3% of spending went to programs
  • Governance: 1 of 6 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.2M in reported program spending
  • Leadership: top reported pay $1.4M · 8 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 39 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Accountability: Independent voting board scored 17/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.