NonprofitsMerito Foundation Inc

Environment

Merito Foundation Inc

OXNARD, CA

Total revenue

$557K

Total expenses

$546K

Net assets

$128K

Grants received

$90K

5 grants

EIN

383911932

Tax year

2024

Mission

MERITO is a 501(c)3 charitable organization dedicated to protecting the ocean by facilitating education, conservation, and scientific research opportunities for multicultural youth and their communities while increasing awareness and understanding of the importance of the ocean, ocean-related threats, and environmentally friendly practices. MERITO also strives to motivate diverse youth to pursue science, technology or engineering careers that relate to the ocean.

Financials

FY 2024

Revenue

Contributions & grants$566K
Program service revenue
Investment income
Other revenue
Total revenue$557K

Expenses

Grants paid
Salaries & benefits$260K
Fundraising$9K
Other expenses$286K
Total expenses$546K
Total assets$129K
Net assets$128K

People

9 listed

NameRoleCompensation

Rocio Lozano Knowlton

Exec. Director

Board

$103K

40 hrs/wk

Linda Chilton

Treasurer

Board

$1K

2 hrs/wk

Cliff Rodriguez

Vice President

Board

3 hrs/wk

David Lantrip

President

Board

2 hrs/wk

Adam Vega

Secretary

Board

2 hrs/wk

Judy Willens

Director

Board

2 hrs/wk

Andrea Mills

Director

Board

2 hrs/wk

Alejandra Belalcazar

Director

Board

2 hrs/wk

Carlos Cohen II

Director

Board

2 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$10K
GENERAL SUPPORT
2024
$10K
GENERAL SUPPORT
2023
$50K
Education Grant
2021
$10K
For grant recipient's exempt purposes
2018
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$90K from 3 funders · 5 grants · 2017–2024

National Geographic Society

$50K · 1 grant · 2021

Fidelity Investments Charitable Gift Fund

$20K · 2 grants · 2017–2018

Rei Cooperative Action Fund

$20K · 2 grants · 2023–2024

Details

EIN383911932
NTEE codeC32
Subsection03
Ruling date2014-06
Formed2013
Employees4
MERITO FOUNDATION INC — Mission, Financials & Grants Received | Grantivo