Richard D and Lynette S Merillat is a 501(c)(3) organization based in Ann Arbor, Michigan, registered in 1995, with $57,602 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$58K
▲ 111.2% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$548K
Net assets
$11.0M
Employees
—
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. Not scored for Richard D and Lynette S Merillat— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Richard D and Lynette S Merillat: 241 mo reserves · -852% margin earns a F on this criterion. See the exact thresholds →
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. Not scored for Richard D and Lynette S Merillat— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Richard D and Lynette S Merillat: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from -$224K (FY2016) to $58K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
-852.0%
Spent more than it raised in the latest fiscal year.
Total assets
$11.0M
Total liabilities
$0
Net assets
$11.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $57,602▲111% | $548,356▼21.1% | $10,990,987▼4.3% | $10,990,987▼4.3% | 990PF |
| 2022 | -$514,425▼452% | $694,925▼4.6% | $11,481,741▼9.5% | $11,481,741▼9.5% | 990PF |
| 2021 | $146,066▼80.3% | $728,466▲2.8% | $12,692,058▼4.4% | $12,692,058▼4.4% | 990PF |
| 2020 | $741,569▼55.9% | $708,541▲6.2% | $13,275,988▲0.2% | $13,275,988▲0.2% | 990PF |
| 2019 | $1,680,929▲475% | $667,316▲1.8% | $13,242,960▲8.3% | $13,242,960▲8.3% | 990PF |
| 2018 | $292,442▲230% | $655,665▼17.6% | $12,229,347▼8.3% | $12,229,347▼8.3% | 990PF |
| 2016 | -$224,224 | $795,341 | $13,329,384 | $13,329,384 | 990PF |
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.
Explore more
Data for Richard D and Lynette S Merillat (EIN 38-3148627) 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.