Merritt Academy Parent Teacher Organization is located in Fairfax, VA. The organization was established in 2005. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merritt Academy Parent Teacher Organization 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 06/2024, Merritt Academy Parent Teacher Organization generated $120.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $70.9k during the year ending 06/2024. While expenses have increased by 11.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Mccann President | 2 | $0 | |
Stephen Roberson Treasurer | 2 | $0 | |
Legh Penrod Secretary | 2 | $0 | |
David Tropiano Vice Preside | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,625 |
| Total Program Service Revenue | $9,557 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,640 |
| Other Revenue | $0 |
| Total Revenue | $120,822 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,564 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,256 |
| Total expenses | $70,916 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,140 |
| Other assets | $0 |
| Total assets | $65,140 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,140 |