Merakey

What it reported doing in 2024

Merakey montgomery county offers a broad continuum of services for individuals with behavioral health needs. Merakey operates a community behavioral health center (cbhc) at 2506 n. Broad st that provides an array of behavioral health services. Merakey also has a ccbhc grant to enhance care coordination and ensure every individual served has access to whole person care. Outpatient services are available within the cbhc through scheduled and open access intake appointments which provide 50-60 individuals per month with an assessment that is the gateway to mental health treatment. Merakey provides extensive community-based services such as case management, wellness recovery teams, career center, and peer support services. These services work with individuals in the community to link them to resources, provide therapeutic interventions, and ensure individuals needs behavioral health and physical health needs are met through referrals to community providers or receiving direct interventions from merakey. Merakey also provides 2 residential programs for adults with behavioral health diagnoses. A personal care boarding home provides housing and support with physical health and behavioral health challenges to 8 individuals who are unable to live independently and require the care of 24/7 staff. The community residential rehabilitation (crr) home provides oversight, ensures safety, and teaches skills to 10 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.a unique service merakey provides in montgomery county is our co-responder program. The co-responder program partners with the lansdale police to respond to behavioral health crises in the community and assists individuals in finding resources to prevent interactions with the criminal justice system. Merakey montgomery county provides residential services for eight individuals with intellectual and developmental disabilities (i/dd). The eight individuals' homes are in horsham, plymouth meeting, and willow grove. Merakey continues to provide the individuals with a wide range of community activities. 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. They have elected a president, a vice president, and a secretary to advocate on their behalf. The committee meets monthly with the director of programs to discuss issues/concerns that may been have discussed during the advisory meeting.

Financial Efficiency

• Mission deployment rate: 86.5%; rating input score 86
• Program expense ratio: 89.2%; rating input score 89
• 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: 20%; rating input score 20; 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: 3.1%; rating input score 47; 47th percentile among comparable filings
• Total-asset coverage ratio: 1.01; rating input score 36; 36th percentile among comparable filings
• Liabilities to assets ratio: 0.14; rating input score 66; 66th percentile among comparable filings
• Officer compensation ratio: 1.3%; rating input score 83; 83rd percentile among comparable filings

Growth

• Program expense growth: 1.3% per year; rating input score 100; 16th percentile among comparable filings
• Revenue growth: 2.3% per year; rating input score 100; 20th percentile among comparable filings
• Asset growth: 15.2% per year; rating input score 100; 81st percentile among comparable filings