Nonprofit · EIN 23-6296524
MERAKEY CHILDRENS SERVICES
Tax-exempt · LAFAYETTE HL, PA 19444
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,924,210 | $8,075,635 | -$1,151,425 | $1,876,398 | $3,340,967 | -$1,464,569 |
| June 30, 2024 | 990 | $7,749,049 | $8,970,486 | -$1,221,437 | $2,027,070 | $2,340,214 | -$313,144 |
| June 30, 2023 | 990 | $15,874,061 | $8,892,924 | $6,981,137 | $2,554,699 | $1,646,406 | $908,293 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,284
- Program service revenue
- $6,915,217
- Investment income
- $0
- Other revenue
- $2,709
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,297,261
- Salaries, compensation and benefits (total)
- $5,581,428
- Professional fundraising fees
- $0
- Legal fees
- $10,000
- Accounting fees
- $6,506
- Occupancy
- $127,293
- Travel
- $11,890
- Depreciation
- $25,208
- Program services (functional)
- $7,204,751
- Management and general (functional)
- $870,884
Balance sheet and other
- Total assets, start of year
- $2,027,070
- Total assets, end of year
- $1,876,398
- Total liabilities, end of year
- $3,340,967
- Net assets, end of year
- -$1,464,569
- Land, buildings and equipment
- $71,379
- Net assets without donor restrictions
- -$1,464,569
- Gross receipts
- $6,924,210
- Employees
- 144
- Volunteers
- 0
- Year formed
- 1985
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DERRICK YACOVELLI | CFO/TREASURER/SECRETARY Trustee or director, Officer | 0.5 | $0 | $772,981 | $45,661 |
| LEAH PASON | DIRECTOR/CPO Trustee or director | 0.5 | $0 | $542,494 | $26,041 |
| REBECCA RICHWINE | DIRECTOR/SVP, C&FS Trustee or director | 0.5 | $0 | $464,628 | $21,354 |
| MALCOLM MUSGROVE | VP/VP, ABH Trustee or director, Officer | 0.5 | $0 | $322,519 | $32,384 |
| AYESHA WAHEED | PSYCHOLOGIST Highest-paid employee | 37.5 | $302,707 | $0 | $24,805 |
| SLYVIA PURNELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT NIX III ESQ | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DERRICK YACOVELLI | CFO/TREASURER/SECRETARY Trustee or director, Officer | 0.5 | $0 | $738,281 | $43,696 |
| LEAH PASON | DIRECTOR/CPO Trustee or director | 0.5 | $0 | $518,654 | $24,466 |
| REBECCA RICHWINE | DIRECTOR/SVP, C&FS Trustee or director | 0.5 | $0 | $438,198 | $11,110 |
| MALCOLM MUSGROVE | VP/VP, ABH Trustee or director, Officer | 0.5 | $0 | $306,969 | $30,729 |
| AYESHA WAHEED | PSYCHOLOGIST Highest-paid employee | 37.5 | $294,429 | $0 | $40,677 |
| SLYVIA PURNELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT NIX III ESQ | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DERRICK YACOVELLI | CFO/TREASURER/SECRETA Trustee or director, Officer | 0.5 | $0 | $671,726 | $34,145 |
| REBECCA MANN | DIRECTOR/SVP, C&FS Trustee or director | 0.5 | $0 | $392,121 | $9,093 |
| MALCOLM MUSGROVE | VP/VP, ABH Trustee or director, Officer | 0.5 | $0 | $278,195 | $29,063 |
| AYESHA WAHEED | PSYCHOLOGIST Highest-paid employee | 37.5 | $265,662 | $0 | $31,516 |
| SLYVIA PURNELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT NIX III | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 620 GERMANTOWN PIKE, LAFAYETTE HL, PA 19444-1810
- Principal officer (990 for 2024)
- DERRICK YACOVELLI, 620 E GERMANTOWN PIKE, LAFAYETTE HILL, PA 19444
- Signed the 990
- DERRICK YACOVELLI, CFO
- Phone
- (610) 260-4600
- Website
- WWW.MERAKEY.ORG
Mission
PROVIDE BEHAVIORAL HEALTH SERVICES TO CHILDREN AND THEIR FAMILIES. THE RANGE OF SERVICES INCLUDE CASE MANAGEMENT, OUTPATIENT, IN SCHOOL, COMMUNITY BASED AND WRAP AROUND SERVICES.
Program accomplishments
- INTENSIVE BEHAVIORAL HEALTH SERVICES (IBHS) PROVIDES TARGETED INTERVENTIONS AND SUPPORT FOR CHILDREN, YOUTH, AND YOUNG ADULTS UNDER THE AGE OF 21 WHO ARE EXPERIENCING MENTAL HEALTH, EMOTIONAL, OR BEHAVIORAL CHALLENGES. THIS SHORT-TERM, COMMUNITY-BASED PROGRAM IS DELIVERED IN HOMES, SCHOOLS, AND OTHER COMMUNITY SETTINGS TO PROMOTE STABILITY, SKILL DEVELOPMENT, AND OVERALL WELL-BEING.MERAKEY IBHS PARTNERS WITH 13 SCHOOLS ACROSS THE PHILADELPHIA AREA AND CURRENTLY SERVES MORE THAN 200 CHILDREN RESIDING IN THE 19120 AND 19133 ZIP CODES. OUR COMMITMENT TO HIGH-QUALITY, OUTCOMES-DRIVEN CARE HAS CONSISTENTLY YIELDED STRONG PERFORMANCE UNDER VALUE-BASED PAYMENT MODELS. IN THE PRIOR YEAR, IBHS EARNED VALUE-BASED BONUS PAYMENTS IN ALL QUARTERS FOR EXCEEDING CLINICAL QUALITY BENCHMARKS AND ACHIEVED LOW RATES OF CONCURRENT USE OF ACUTE INPATIENT OR PARTIAL HOSPITALIZATION SERVICES DEMONSTRATING THE EFFECTIVENESS OF OUR COMMUNITY-BASED INTERVENTIONS. SINCE THAT TIME, IBHS HAS CONTINUED TO DEMONSTRATE SUSTAINED CLINICAL EXCELLENCE, EARNING VALUE-BASED INCENTIVE PAYMENTS EVERY QUARTER FOR MEETING ESTABLISHED CLINICAL METRICS. NOTABLY, DURING THE FIRST QUARTER OF THE CURRENT FISCAL YEAR, THE PROGRAM MET ALL CLINICAL METRICS FOR THE FIRST TIME, MARKING A SIGNIFICANT MILESTONE IN PROGRAM PERFORMANCE AND ONGOING QUALITY IMPROVEMENT EFFORTS.Expenses $7,204,751 · revenue $6,915,217
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-6296524
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1959
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,876,398
- Income (IRS master file)
- $6,924,210
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,924,210 | $8,075,635 | $1,876,398 | IRS |
| 990 | June 2024 | $7,749,049 | $8,970,486 | $2,027,070 | IRS |
| 990 | June 2023 | $15,874,061 | $8,892,924 | $2,554,699 | XML |
| 990 | June 2022 | $11,893,306 | $8,917,355 | $2,528,837 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-6296524).
Questions about MERAKEY CHILDRENS SERVICES
- What is the EIN of MERAKEY CHILDRENS SERVICES?
- The employer identification number (EIN) of MERAKEY CHILDRENS SERVICES is 23-6296524.
- Is MERAKEY CHILDRENS SERVICES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to MERAKEY CHILDRENS SERVICES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MERAKEY CHILDRENS SERVICES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MERAKEY CHILDRENS SERVICES due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MERAKEY CHILDRENS SERVICES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MERAKEY CHILDRENS SERVICES?
- The 990 for the year ended June 30, 2025 names DERRICK YACOVELLI.
- Who are the officers and directors of MERAKEY CHILDRENS SERVICES?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization.
- How much revenue does MERAKEY CHILDRENS SERVICES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,924,210, expenses of $8,075,635 and total assets of $1,876,398 at year end.
Other nonprofits in LAFAYETTE HL
- MERAKEY PENNSYLVANIA EIN 23-2799679 · last filed 990 for 2025
- MERAKEY ALLEGHENY VALLEY SCHOOL EIN 25-1094911 · last filed 990 for 2025
- MERAKEY USA EIN 23-2175924 · last filed 990 for 2025
- MERAKEY ALLOS EIN 76-0701257 · last filed 990 for 2025
- MERAKEY IDD PHILADELPHIA EIN 22-2454140 · last filed 990 for 2025
- WHITEMARSH CONTINUING CARE RETIREMENT COMMUNITY EIN 83-0344521 · last filed 990 for 2024
- MERAKEY PHILADELPHIA EIN 23-2175923 · last filed 990 for 2025
- MERAKEY PARKSIDE RECOVERY EIN 23-2258743 · last filed 990 for 2025