Civic Intelligence

Meridian Academy Inc.

990 • Fiscal year 2015 • EIN 43-2024960

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 01, 2015

54 Brookside AvenueJamaica Plain, MA 02130

(617) 277-1118

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.49x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.29x

Higher debt load relative to revenue than 68% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

88th percentile

34%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

74th percentile

17%

Faster revenue growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$959,756

Up $245,949 (+34%) from 2014

Net Assets

Up

$492,411

Up $177,751 (+56%) from 2014

Liabilities

Up

$467,345

Up $68,198 (+17%) from 2014

Revenue

Up

$1,611,105

Up $237,619 (+17%) from 2014

Expenses

Up

$1,433,347

Up $293,825 (+26%) from 2014

Net Income

Down

$177,758

Down $56,206 (-24%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $258,994Liabilities 2011: $121,204Net Assets 2011: $137,7902011Assets 2012: $290,469Liabilities 2012: $186,632Net Assets 2012: $103,8372012Assets 2013: $368,013Liabilities 2013: $287,560Net Assets 2013: $80,4532013Assets 2014: $713,807Liabilities 2014: $399,147Net Assets 2014: $314,6602014Assets 2015: $959,756Liabilities 2015: $467,345Net Assets 2015: $492,4112015Assets 2016: $1,118,106Liabilities 2016: $544,676Net Assets 2016: $573,4302016Assets 2017: $1,186,825Liabilities 2017: $488,232Net Assets 2017: $698,5932017Assets 2018: $1,172,353Liabilities 2018: $557,487Net Assets 2018: $614,8662018Assets 2019: $1,116,253Liabilities 2019: $580,577Net Assets 2019: $535,6762019Assets 2020: $1,347,236Liabilities 2020: $773,369Net Assets 2020: $573,8672020Assets 2021: $1,475,651Liabilities 2021: $864,458Net Assets 2021: $611,1932021Assets 2022: $1,517,206Liabilities 2022: $877,284Net Assets 2022: $639,9222022Assets 2023: $3,509,301Liabilities 2023: $2,849,408Net Assets 2023: $659,8932023Assets 2024: $3,429,512Liabilities 2024: $2,664,427Net Assets 2024: $765,0852024

Highlighted filing

2015

Assets$959,756
Liabilities$467,345
Net Assets$492,411

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $490,142Expenses 2011: $500,474Net Income 2011: -$10,3322011Revenue 2012: $799,907Expenses 2012: $835,575Net Income 2012: -$35,6682012Expenses 2013: $1,003,4922013Revenue 2014: $1,373,486Expenses 2014: $1,139,522Net Income 2014: $233,9642014Revenue 2015: $1,611,105Expenses 2015: $1,433,347Net Income 2015: $177,7582015Revenue 2016: $1,815,722Expenses 2016: $1,735,273Net Income 2016: $80,4492016Revenue 2017: $2,053,906Expenses 2017: $1,929,546Net Income 2017: $124,3602017Revenue 2018: $1,873,530Expenses 2018: $1,956,707Net Income 2018: -$83,1772018Revenue 2019: $2,093,444Expenses 2019: $2,176,132Net Income 2019: -$82,6882019Revenue 2020: $2,295,551Expenses 2020: $2,260,189Net Income 2020: $35,3622020Revenue 2021: $2,596,139Expenses 2021: $2,577,478Net Income 2021: $18,6612021Revenue 2022: $2,823,650Expenses 2022: $2,788,733Net Income 2022: $34,9172022Revenue 2023: $3,131,782Expenses 2023: $3,129,434Net Income 2023: $2,3482023Revenue 2024: $3,437,184Expenses 2024: $3,352,886Net Income 2024: $84,2982024

Highlighted filing

2015

Revenue$1,611,105
Expenses$1,433,347
Net Income$177,758
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 1, 2015
Return Version
2014v5.0
Gross Receipts
$1,627,868
Mission and Program Overview

Mission

Our mission is to educate students from grades 6-12. Our curriculum incorporates the best practices from both progressive and traditional schooling, encourgaing students to embrace the joys and challenges of lifelong learning and discovery.

Meridian academy is a nonprofit independent day school in jamaica plain, massachusetts. Meridian is an urban, independent, college preparatory school that mentors students in a small vibrant community to become creative, questioning, and analytical learners, as well as thoughtful involved citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$577,956$694,835▲ $116,879
Land, Buildings, and Equipment, Net$34,934$153,737▲ $118,803
Prepaid Expenses and Deferred Charges$58,397$65,206▲ $6,809
Investments in Publicly Traded Securities$35,535$39,123▲ $3,588
Accounts Receivable$6,985$6,855▼ $130
Total Assets$713,807$959,756▲ $245,949
Liabilities
Deferred Revenue$393,680$436,832▲ $43,152
Accounts Payable and Accrued Expenses$5,467$30,513▲ $25,046
Total Liabilities$399,147$467,345▲ $68,198
Net Assets / Fund Balance
Unrestricted Net Assets$314,660$492,411▲ $177,751
Total Net Assets Fund Balance$314,660$492,411▲ $177,751
Total Liabilities and Net Assets / Fund Balance$713,807$959,756▲ $245,949

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$123,602$36,363$159,965
Equipment$15,994$51,153$67,148
Other Land Buildings$14,141$27,999$42,139
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joshua AbramsPresidentFT$69,440$69,440

Board Members and Trustees

NameTitle
Gila YudewitzBoard Member
Beth SchultzDirector
Tricia MorrowSecretary
John MccarthyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,339
Program Service Revenue
$1,507,099
Investment Income
$174
Other Revenue
$16,493
All Other Contributions
$87,339
Change in Net Assets
$177,758

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,182,408
Revenue Not Reported on Financial Statements
$428,697
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$428,697
Total Revenue per Audited Statements
$1,182,408
Total Revenue per Form 990
$1,611,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$601,809
Grants and Similar Amounts Paid$428,697
Other Expenses$402,841
Total Fundraising Expense$2,960
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$476,726$41,454-$518,180
Grants to Domestic Individuals$428,697--$428,697
Occupancy$126,400--$126,400
All Other Expenses$42,654$4,968$2,960$50,582
Other Employee Benefits$43,369$885-$44,254
Payroll Taxes$37,406$1,969-$39,375
Depreciation Depletion$38,770--$38,770
Other Expenses$23,605$5,901-$29,506
Insurance-$11,282-$11,282
Fees for Services Accounting-$10,000-$10,000
Conferences and Meetings-$9,290-$9,290
Fees for Services Legal-$535-$535
Fees for Services Other-$242-$242
Total Functional Expenses$1,333,602$96,785$2,960$1,433,347

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,433,347
Expenses per Audited Statements$1,004,650
Total Expenses per Audited Statements$1,004,650
Expenses Not Reported on Financial Statements$428,697
Other Expense Adjustments$428,697
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,131
Fundraising Direct Expenses$16,763
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
10 Year Gala$16,763$16,763$6,285$10,478
Spanish Trip$14,368$14,368$10,478$3,890
Total Events$31,131$31,131$16,763$14,368
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The treasurer prepares and files the form 990 after review and approval by the board.

Form 990, Part VI, Section B, Line 12C

The board of directors signs an annual certification stating that they have no conflicts of interest with the organization.

Form 990, Part VI, Section B, Line 15A

The board of directors researches what similar schools in the market pay, such as small elementary schools or the upper school head at larger high schools. The board has approved steady raises that are not always taken.

Form 990, Part VI, Section C, Line 19

Documents available upon request and also available for viewing on the massachussetts attorney general's website and on guidestar.

Filing and Contact Details

Filer

Filer Name
Meridian Academy Inc
EIN
43-2024960
Phone
6172771118
Address
54 BROOKSIDE AVENUE, JAMAICA PLAIN, MA 02130

Signing Officer

Name
John Mccarthy
Title
President
Phone
6172771118
Signed
2015-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Abrams
Formed
2003
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
16
Volunteers
0

Preparer

Firm
Russell Brier & Co
Address
TEN POST OFFICE SQUARE 6TH FLOOR, BOSTON, MA 02109-4689
Preparer
Keith P Lagraves
Phone
6175237094
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization evaluates tax positions taken, or expected to be taken, in its tax returns to determine whether tax positions are more-likely-than-not of being sustained by the applicable federal or state authority. The organization has evaluated the tax positions taken in its previously filed returns and those expected to be taken in 2014 returns and believe they are more-likely-than-not of being sustained if examined by federal or state authorities.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 428,697.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 428,697.

Raw XML AppendixShowing 400 of 424 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05467
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030513
IRS990/AccountsReceivableGrp/BOYAmt06985
IRS990/AccountsReceivableGrp/EOYAmt06855
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MERIDIAN ACADEMY IS A NONPROFIT INDEPENDENT DAY SCHOOL IN JAMAICA PLAIN, MASSACHUSETTS. MERIDIAN IS AN URBAN, INDEPENDENT, COLLEGE PREPARATORY SCHOOL THAT MENTORS STUDENTS IN A SMALL VIBRANT COMMUNITY TO BECOME CREATIVE, QUESTIONING, AND ANALYTICAL LEARNERS, AS WELL AS THOUGHTFUL INVOLVED CITIZENS.
IRS990/AllOtherContributionsAmt087339
IRS990/AllOtherExpensesGrp/FundraisingAmt02960
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04968
IRS990/AllOtherExpensesGrp/ProgramServicesAmt042654
IRS990/AllOtherExpensesGrp/TotalAmt050582
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06172771118
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt054 BROOKSIDE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0JAMAICA PLAIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002130
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0577956
IRS990/CashNonInterestBearingGrp/EOYAmt0694835
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt09290
IRS990/ConferencesMeetingsGrp/TotalAmt09290
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt087339
IRS990/CYGrantsAndSimilarPaidAmt0428697
IRS990/CYInvestmentIncomeAmt0174
IRS990/CYOtherExpensesAmt0402841
IRS990/CYOtherRevenueAmt016493
IRS990/CYProgramServiceRevenueAmt01507099
IRS990/CYRevenuesLessExpensesAmt0177758
IRS990/CYSalariesCompEmpBnftPaidAmt0601809
IRS990/CYTotalExpensesAmt01433347
IRS990/CYTotalFundraisingExpenseAmt02960
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01611105
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0393680
IRS990/DeferredRevenueGrp/EOYAmt0436832
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt038770
IRS990/DepreciationDepletionGrp/TotalAmt038770
IRS990/Desc0EDUCATE STUDENTS GRADES 6-12. OUR CURRICULUM INCORPORATES THE BEST PRACTICES FROM BOTH PROGRESSIVE AND TRADITIONAL SCHOOLING, ENCOURGAING STUDENTS TO EMBRACE THE JOYS AND CHALLENGES OF LIFELONG LEARNING AND DISCOVERY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt016
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01333602
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0535
IRS990/FeesForServicesLegalGrp/TotalAmt0535
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0242
IRS990/FeesForServicesOtherGrp/TotalAmt0242
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt080.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSHUA ABRAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1TRICIA MORROW
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm3BETH SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm4GILA YUDEWITZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt069440
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt016763
IRS990/FundraisingGrossIncomeAmt031131
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0428697
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0428697
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0428697
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01627868
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt011282
IRS990/InsuranceGrp/TotalAmt011282
IRS990/InvestmentIncomeGrp/ExclusionAmt0174
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0174
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt035535
IRS990/InvestmentsPubTradedSecGrp/EOYAmt039123
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0115515
IRS990/LandBldgEquipBasisNetGrp/BOYAmt034934
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0153737
IRS990/LandBldgEquipCostOrOtherBssAmt0269252
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO EDUCATE STUDENTS FROM GRADES 6-12. OUR CURRICULUM INCORPORATES THE BEST PRACTICES FROM BOTH PROGRESSIVE AND TRADITIONAL SCHOOLING, ENCOURGAING STUDENTS TO EMBRACE THE JOYS AND CHALLENGES OF LIFELONG LEARNING AND DISCOVERY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0314660
IRS990/NetAssetsOrFundBalancesEOYAmt0492411
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014368
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014368
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-7
IRS990/NoncashContributionsAmt03500
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0126400
IRS990/OccupancyGrp/TotalAmt0126400
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0885
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt043369
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044254
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1FIELD TRIPS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3SOFTWARE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010259
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15901
IRS990/OtherExpensesGrp/ProgramServicesAmt041037
IRS990/OtherExpensesGrp/ProgramServicesAmt139183
IRS990/OtherExpensesGrp/ProgramServicesAmt235755
IRS990/OtherExpensesGrp/ProgramServicesAmt323605
IRS990/OtherExpensesGrp/TotalAmt051296
IRS990/OtherExpensesGrp/TotalAmt139183
IRS990/OtherExpensesGrp/TotalAmt235755
IRS990/OtherExpensesGrp/TotalAmt329506
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02125
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02125
IRS990/OtherRevenueTotalAmt02125
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt041454
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0476726
IRS990/OtherSalariesAndWagesGrp/TotalAmt0518180
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01969
IRS990/PayrollTaxesGrp/ProgramServicesAmt037406
IRS990/PayrollTaxesGrp/TotalAmt039375
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt058397
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt065206
IRS990/PrincipalOfficerNm0JOSH ABRAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT MATERIAL
IRS990/ProgramServiceRevenueGrp/Desc2APPLICATION, EVENTS AN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01500211
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15148
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01500211
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15148
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21740
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt082743
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0412883
IRS990/PYInvestmentIncomeAmt0-157
IRS990/PYOtherExpensesAmt0231571
IRS990/PYOtherRevenueAmt01359
IRS990/PYProgramServiceRevenueAmt01289047
IRS990/PYRevenuesLessExpensesAmt0183543
IRS990/PYSalariesCompEmpBnftPaidAmt0544995
IRS990/PYTotalExpensesAmt01189449
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01372992
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0177758
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01500211
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt015994
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051153
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067148
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0428697
IRS990ScheduleD/ExpensesSubtotalAmt01004650
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0123602
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt036363
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0159965
IRS990ScheduleD/OtherExpensesNotIncludedAmt0428697
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014141
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027999
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042139
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0428697
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0428697
IRS990ScheduleD/RevenueSubtotalAmt01182408
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION EVALUATES TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN ITS TAX RETURNS TO DETERMINE WHETHER TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED BY THE APPLICABLE FEDERAL OR STATE AUTHORITY. THE ORGANIZATION HAS EVALUATED THE TAX POSITIONS TAKEN IN ITS PREVIOUSLY FILED RETURNS AND THOSE EXPECTED TO BE TAKEN IN 2014 RETURNS AND BELIEVE THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID 428,697.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID 428,697.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0153737
IRS990ScheduleD/TotalExpensesPerForm990Amt01433347
IRS990ScheduleD/TotalRevenuePerForm990Amt01611105
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01182408
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01004650
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL STRIVES TO INCLUDE ITS POLICY IN MULTIPLE FORMATS. THE SCHOOL INCLUDES THE POLICY IN ITS ADMISSIONS AND OTHER DOCUMENTS AS WELL AS ON ITS WEBSITE. EACH YEAR, THE SCHOOL PARTICIPATES IN A JOINT ADVERTISEMENT WITH OTHER SCHOOLS ANNOUNCING ITS POLICY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016763
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPANISH TRIP
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm010 YEAR GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014368
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt016763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031131
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014368
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt016763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031131
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014368
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016763
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010478
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06285
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0428697
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID DIRECTLY APPLIED TO STUDENT TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt026
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER PREPARES AND FILES THE FORM 990 AFTER REVIEW AND APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS SIGNS AN ANNUAL CERTIFICATION STATING THAT THEY HAVE NO CONFLICTS OF INTEREST WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS RESEARCHES WHAT SIMILAR SCHOOLS IN THE MARKET PAY, SUCH AS SMALL ELEMENTARY SCHOOLS OR THE UPPER SCHOOL HEAD AT LARGER HIGH SCHOOLS. THE BOARD HAS APPROVED STEADY RAISES THAT ARE NOT ALWAYS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE UPON REQUEST AND ALSO AVAILABLE FOR VIEWING ON THE MASSACHUSSETTS ATTORNEY GENERAL'S WEBSITE AND ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0713807
IRS990/TotalAssetsEOYAmt0959756
IRS990/TotalAssetsGrp/BOYAmt0713807
IRS990/TotalAssetsGrp/EOYAmt0959756
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt087339
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02960
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096785
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01333602
IRS990/TotalFunctionalExpensesGrp/TotalAmt01433347
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0399147
IRS990/TotalLiabilitiesEOYAmt0467345
IRS990/TotalLiabilitiesGrp/BOYAmt0399147
IRS990/TotalLiabilitiesGrp/EOYAmt0467345
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0314660
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0492411
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01333602
IRS990/TotalProgramServiceRevenueAmt01507099
IRS990/TotalReportableCompFromOrgAmt069440
IRS990/TotalRevenueGrp/ExclusionAmt014542
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01509224
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01611105
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0713807
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0959756
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0314660
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0492411
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt054 BROOKSIDE AVENUE
IRS990/USAddress/CityNm0JAMAICA PLAIN
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002446
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.MERIDIANACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MCCARTHY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.43$2.66$0.77$3.44$3.35$0.08
2023Detailed filing. Detailed filing data is available for this year.$3.51$2.85$0.66$3.13$3.13$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.52$0.88$0.64$2.82$2.79$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.86$0.61$2.60$2.58$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.77$0.57$2.30$2.26$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.58$0.54$2.09$2.18$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.56$0.61$1.87$1.96$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.19$0.49$0.70$2.05$1.93$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.54$0.57$1.82$1.74$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.47$0.49$1.61$1.43$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.40$0.31$1.37$1.14$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.29$0.08$1.00
2012Summary only. Only limited summary data is available for this year.$0.29$0.19$0.10$0.80$0.84$0.04
2011Summary only. Only limited summary data is available for this year.$0.26$0.12$0.14$0.49$0.50$0.01