Merakey Delaware County

Nonprofit profile at a glance

EIN
231887233
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Lafayette Hill, PA, USA
Phone
6102604600
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$17,644,990
Expenses
$18,234,876
Assets
$5,104,782
Liabilities
$14,354,878

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

Leadership & pay

10 people listed

Executive titles in this filing

  • JOSEPH MARTZ (PRESIDENT/CEO)

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

To provide services to individuals who have intellectual developmental disabilities.

What it reported doing in 2024

Merakey Delaware county offers a broad continuum of services for individuals with behavioral health needs. Several of the behavioral health programs provide integrated and coordinated services. Outpatient services are readily available through intake appointments which provide 40-50 individuals per month with an assessment that is the gateway to mental health treatment. Individuals are offered individual, group, and family therapy, psychiatric consultation, and medication management services. Merakey provides extensive community-based services such as case management and wellness recovery teams. 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. The residential programs within merakey Delaware county's adult behavioral health division serve as a vital pillar in the continuum of care for adults living with severe and persistent mental illnesses. These programs include 6 community residential rehabilitation (crr) sites providing comprehensive, person-centered support tailored to meet each resident's needs.through a collaborative referral process managed in partnership with omh, individuals gain seamless access to essential services designed to promote stability, recovery, and personal growth. With a strong emphasis on fostering a structured yet supportive living environment, these programs empower residents to build life skills, enhance self-sufficiency, and progress toward greater independence within the community.merakey Delaware county's residential services for individuals with intellectual and developmental disabilities provided continuing support for 12 residents in 4 homes across the county. One person transitioned from living in an institutional setting to their new community-based home in october 2024. Two people transitioned from an institutional setting a newly renovated community-based home in marh 2025 with the opening of a 5th home. All 14 residents continue to thrive participating in activities within their home and out in the community including pilot music therapy and fitness programs with immaculata university.merakey Delaware county supports 2 people and their families through community-based services including in home and community supports, companion care and respite services. These services allow supports to work with the families' loved ones within their home and out in the community developing various skillsets and providing opportunities for community engagement.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating 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: 82
  • Transparency & Controls: 60
  • Accountability: 42
  • Sustainability: 17
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 89.7%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: -3.3%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 2.81; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: -1.7% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -0.7% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -2.4% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 92.7% of revenue deployed · 89.7% of spending went to programs
  • Governance: 1 of 6 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $16.4M in reported program spending
  • Leadership: top reported pay $1.4M · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 31 of 31 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: 4 filed money-flow records
  • 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.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 20/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.