Merit Shop Training Inc

Organization Overview

Merit Shop Training Inc is located in Freeport, TX. The organization was established in 1989. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merit Shop Training Inc 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 12/2022, Merit Shop Training Inc generated $504.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $571.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE TRAINING PROGRAMS

Describe the Organization's Program Activity:

Part 3 - Line 4a

CRAFT TRAINING AND EDUCATION FOR CONSTRUCTION TRAINEES DURING FALL, SPRING AND SUMMER SEMESTERS


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Board, Officers & Key Employees

Name (title)Compensation
Theresa Cravey
Director
$48,911
James Lapier
President
$16,923
Beth Cassidy
Advisor
$0
John Graham
Director
$0
Tim Hicks
Director
$0
Dwayne Leger
Advisor
$0

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$174,867
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$174,867
Total Program Service Revenue$238,912
Investment income $12,274
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 $504,875

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