Public Charity

MERITO Foundation Inc FKA MutliCultural Education for Reso

Based in Ventura, CA, MERITO Foundation Inc FKA MutliCultural Education for Reso operates as a Public Charity. The organization reported $557K in revenue, $546K in expenses, $129K in total assets for fiscal year 2024. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $169K.

EIN: 383911932 Ventura, CA Latest filing: 2024
Total Revenue$557K
Total Expenses$546K
Total Assets$129K
Grant Records8
Funding Total$169K
Filing Years2020–2024

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.

Officers & Directors

Secretary Adam Vega
Director Alejandra Belalcazar
Director Andrea Mills
Director Carlos Cohen Ii
Vice President Cliff Rodriguez
President David Lantrip

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education Grant
$50,000 1 grant
COASTAL EXPLORATION OPPORTUNITIES
$44,000 1 grant
For grant recipient's exempt purposes
$35,000 2 grants
GENERAL SUPPORT
$20,000 2 grants
ENVIRONMENTAL SUPPORT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $557K $546K $129K
2023 $413K $382K $129K
2022 $322K $310K $127K
2021 $297K $211K $89K
2020 $151K $172K $28K

Between 2020 and 2024, reported annual revenue grew from $151K to $557K (+270%), with total assets most recently reported at $129K.

Interactive year-over-year charts and full filing details available with membership.

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