Merit Network Inc
93% goes to programs $0 to raise $100 Strong reserves Growing revenue
Merit Network Inc is a 501(c)(3) organization based in Ann Arbor, Michigan, registered in 1980, with $153,174,231 in FY2023 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
880 Technology Dr Ste B, Ann Arbor, MI, 48108 EIN 38-2210903 Since 1980
Revenue (FY2023)
$153.2M
▲ 272.5% vs prior year
Public Benefit median: $140K
Expenses (FY2023)
$42.6M
Net assets
$300.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating93% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Merit Network Inc: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating85 mo reserves · +72% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Merit Network Inc: 85 mo reserves · +72% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Merit Network Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Merit Network Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Merit network's mission is to be a respected leader in developing and providing advanced networking services to the research and education community. merit is a trusted source for providing high-quality network infrastructure; initiating and facilitating collaboration; and providing knowledge and technology transfer through outreach.
What they do
National and local seminars, training and workshops in support of the internet research and educational community.
Public internet routing registry facilitating information sharing of network routing in the public domain.
Education oriented service packages providing virtual servers, related software, monitoring, technical support, and funded research.
Contact & location
- Address
- 880 Technology Dr Ste B, Ann Arbor, MI, 48108
- City
- Ann Arbor
- State
- Michigan
- Category
- Public & Societal Benefit
- Subcategory
- Telecommunications
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $35.4M (FY2013) to $153.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $16.4MNet assets $300.8M
Operating margin
72.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$317.2M
Total liabilities
$16.4M
Net assets
$300.8M
Salaries & benefits
$12.6M
30% of expenses
Board members
12
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $153,174,231▲273% | $42,592,686▼0.5% | $300,750,437▲71.1% | $317,171,591▲61.1% | 990 |
| 2022 | $41,116,604▲21.5% | $42,818,323▲16.3% | $175,763,169▼2.9% | $196,866,587▼0.3% | 990 |
| 2021 | $33,834,611▲41.2% | $36,815,456▲25.8% | $180,993,517▼9.0% | $197,507,499▼3.1% | 990 |
| 2020 | $23,963,996▼16.2% | $29,263,121▼8.8% | $198,965,124▲6.0% | $203,858,212▲6.3% | 990 |
| 2019 | $28,602,952▼76.0% | $32,072,890▲5.8% | $187,690,650▼1.8% | $191,780,386▼2.2% | 990 |
| 2018 | $119,289,294▲218% | $30,327,831▼2.6% | $191,160,589▲87.0% | $196,140,414▼1.0% | 990 |
| 2017 | $37,557,877▼31.0% | $31,125,935▼0.9% | $102,199,126▲6.7% | $198,076,604▲80.3% | 990 |
| 2016 | $54,430,309▲41.0% | $31,413,145▲14.0% | $95,767,184▲31.6% | $109,853,876▲21.7% | 990 |
| 2015 | $38,612,644▲70.3% | $27,544,714▲12.5% | $72,750,020▲17.9% | $90,291,512▲31.1% | 990 |
| 2014 | $22,679,359▼35.9% | $24,488,655▲0.1% | $61,682,090▼2.8% | $68,862,690▼3.2% | 990 |
| 2013 | $35,404,271 | $24,458,442▼63.3% | $63,491,386▲20.8% | $71,144,806▼8.3% | 990 |
| 2012 | — | $66,576,818▲47.3% | $52,545,557▲58.9% | $77,561,689▲49.4% | 990 |
| 2011 | — | $45,183,824▲121% | $33,078,301▲87.7% | $51,916,520▲79.1% | 990 |
| 2010 | — | $20,475,852▲22.5% | $17,627,384▲42.6% | $28,982,398▲71.0% | 990 |
| 2009 | — | $16,712,257 | $12,359,397 | $16,947,906 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Joseph Sawasky — $15,000 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joseph Sawasky | President/ceo (until 9/23) Exec. Profess. | 40 | $15,000 |
| Andrew Holmes | Director | 1.5 | — |
| Andrew Palms | Director | 1.5 | — |
| Bhavani Koneru | Secretary | 1.5 | — |
| Charlie Weaver | Director | 1.5 | — |
| Charlotte Bewersdorff | Vp Community Engagement | 40 | — |
| David Dennis | Chief Information Officer | 40 | — |
| Gavin Leach | Treasurer | 1.5 | — |
| James Bujaki | Director | 1.5 | — |
| Jason Russell | Director of Business Systems | 40 | — |
| Joshua Olson | Chair | 1.5 | — |
| Julie Hober | Director | 1.5 | — |
| Kathleen Micheli | Vp Finance & Admin/cfo | 40 | — |
| Kevin Hayes | Chief Information Security Officer | 40 | — |
| Larry Blunk | Network Engineer | 40 | — |
| Melissa Woo | Chair (until 12/23) | 1.5 | — |
| Michael Milliken | Vp Technology Operations | 40 | — |
| Milos Topic | Director | 1.5 | — |
| Richard Czarnecki | Director | 1.5 | — |
| Robert Stovall | Vp Strategy & Research | 40 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Accenture LLP | Strategic Consulting | $115,000 |
Grants received · $125K total
1 grant to Merit Network Inc totaling $125K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Southern California | Subaward | 2023 | $125,125 |
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Frequently asked questions
- Is Merit Network Inc a legitimate nonprofit?
- Yes. Merit Network Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2210903, based in Ann Arbor, Michigan. Donations are tax-deductible.
- What is Merit Network Inc's EIN?
- Merit Network Inc's Employer Identification Number (EIN) is 38-2210903.
- How much revenue does Merit Network Inc report?
- Merit Network Inc reported $153,174,231 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Merit Network Inc's spending goes to programs?
- Merit Network Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Merit Network Inc have?
- CharityIndex grades Merit Network Inc A, based on program efficiency and fundraising cost.
- How much does Merit Network Inc's highest-paid employee make?
- The highest reported compensation on Merit Network Inc's latest Form 990 is $15,000, paid to Joseph Sawasky (President/ceo (until 9/23) Exec. Profess.).
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Data for Merit Network Inc (EIN 38-2210903) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.