Microenterprise Resources Initiatives & Training Logo

MIP Score

43

Community Building
Small Business Support

Microenterprise Resources Initiatives & Training

Mission

MERIT is a non-profit organization located in Oregon that focuses on empowering low-income individuals, particularly women and minorities, to launch and grow small businesses through various forms of training and support, including financial education, business development, and access to capital.

Basic Information

Tax-Exempt

Address

4494 River Rd N, Salem, Oregon, 97303

View all Keizer charities

Founded in

2007

EIN

41-2247717

Total Assets

$35.75 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Supporting Small Businesses Since 2009

Supporting Small Businesses Since 2009

MERIT has been dedicated to supporting small businesses and economic empowerment since 2009.

Loan Fund for Small Businesses

Loan Fund for Small Businesses

Supporting small businesses across Oregon through our dedicated loan fund.

Small Business Development Training

Small Business Development Training

Offering comprehensive training programs to help individuals launch their business journey.

Our Programs

Small Business Development Course

A course designed to help individuals explore, launch, and grow small businesses.

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Loan Program

A loan program designed to provide financial assistance to small businesses.

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Individual Development Program (IDA)

A program that assists individuals in saving for important purchases and investments.

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Volunteer Opportunities

Class Facilitator

Lead small business development training for aspiring entrepreneurs.

Guest Speaker

Share expertise about small business during MERIT's programs.

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Testimonials

"I'm grateful that an organization like MERIT exists because they have empowered me and helped me feel comfortable and confident about launching my business."
Blanca Beltran

Blanca Beltran

MERIT Training Graduate + IDA client

"As a rural micro business, I was able to access capital through the IDA, and rural loan program- something that I did not find anywhere else. I'm grateful to have an organization like MERIT."

Norma Amado

Owner of Green Inspiration Landscaping LLC, & MERIT Training Graduate

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

43

14

/100

Program Expense Ratio

63.14%

6

/20

Program Revenue Growth

-26.77%

2

/20

Leverage Ratio

1.636

2

/20

Working Capital Ratio

-0.08151

2

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2021

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants143K90.08%
Program Services15.74K9.92%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue158.7K100.00%