Merakey Childrens Services
- Assets
- $2.5m
- Revenue
- $11.9m
- Investments
- $0.0
- Employees
- 231
- Location
- Lafayette Hill, PA
- Founding
- 01/1959
- Data as of
- 06/2022
- EIN
- 23-6296524
Organization Overview
Merakey Childrens Services is located in Lafayette Hill, PA. The organization was established in 1959. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Merakey Childrens Services employed 231 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merakey Childrens Services is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Merakey Childrens Services generated $11.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $8.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE BEHAVIORAL HEALTH SERVICES TO CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERAKEY CHILDRENS SERVICES TRANSITIONED ITS BEHAVIORAL HEALTH REHABILITATION SERVICES (BHRS) TO INTENSIVE BEHAVIORAL HEALTH SERVICES (IBHS), WHICH PROVIDED MENTAL HEALTH SERVICES FOR OVER 500 CHILDREN AND THEIR FAMILIES. THE CHILDRENS SERVICES OUTPATIENT PROGRAM PROVIDES MENTAL HEALTH SERVICES TO AT-RISK CHILDREN THROUGHOUT PHILADELPHIA IN FY2022. THE PROGRAM BEGAN A RESIDENCY PARTNERSHIP WITH TEMPLE UNIVERSITY IN ORDER TO PROVIDE EXPERIENCE TO FUTURE CHILD PSYCHIATRISTS AND ENSURE THAT THE CHILDREN SERVED RECEIVE STATE-OF-THE-ART CARE. THE PROGRAM SERVES AS A COMMUNITY HUB, FINDING PARTNERS TO PROVIDE AND DISTRIBUTE COATS TO FAMILIES. THIS INVOLVEMENT IN THE COMMUNITY LED TO THE DEVELOPMENT OF AN ENGAGEMENT CENTER, WHICH STREAMLINES THE CONNECTION OF CHILDREN NEEDING SERVICES WITH EXPERIENCED PROVIDERS.CHILDREN'S BLENDED CASE MANAGEMENT IS A MULTI-DIMENSIONAL SERVICE THAT IS INTENDED TO SUPPORT FAMILIES IN ALL ASPECTS OF THEIR LIVES. OUR DEDICATED STAFF ASSISTED THE FAMILIES WITH NAVIGATING THE EDUCATION SYSTEM AS WELL AS THE MENTAL AND PHYSICAL HEALTH SYSTEMS. DURING THE PANDEMIC, THE TEAM PROVIDED MULITPLE FAMILIES WITH SAFETY CARE PACKAGES (INCLUDING MASKS, PERSONAL CARE ITEMS, AND CLEANING SUPPLIES) TO SUPPORT THE SAFETY AND HEALTH OF THE COMMUNITY.MERAKEY CHILDREN'S SERVICES ALSO WORKED TO SUPPORT CHILDREN AND STRENGTHEN FAMILIES THROUGH ITS ONGOING FOSTER CARE PROGRAM AND THE ESTABLISHMENT OF A SUPERVISED THERAPEUTIC VISITATION PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derrick Yacovelli Director/treasurer/secreta | OfficerTrustee | 0.5 | $0 |
Malcolm Musgrove Director/vice President | OfficerTrustee | 0.5 | $0 |
Slyvia Purnell Director | Trustee | 1 | $0 |
Robert Nix III Director/president | OfficerTrustee | 0.5 | $0 |
Rebecca Mann Director | Trustee | 0.5 | $0 |
Ayesha Waheed Psychologist | 37.5 | $246,569 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,430,367 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,893,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,099,020 |
| Pension plan accruals and contributions | $20,345 |
| Other employee benefits | $624,313 |
| Payroll taxes | $387,920 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $110,412 |
| Fees for services: Accounting | $7,169 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $474,585 |
| Advertising and promotion | $2,571 |
| Office expenses | $134,401 |
| Information technology | $67,259 |
| Royalties | $0 |
| Occupancy | $304,544 |
| Travel | $5,725 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,930 |
| Insurance | $101,154 |
| All other expenses | $1,537,972 |
| Total functional expenses | $8,917,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,389,456 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,000 |
| Net Land, buildings, and equipment | $127,281 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $2,528,837 |
| Accounts payable and accrued expenses | $528,546 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,073,135 |
| Total liabilities | $8,601,681 |
| Net assets without donor restrictions | -$6,072,844 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,528,837 |