Civic Intelligence

Meridian Academy Inc.

990 • Fiscal year 2014 • EIN 43-2024960

Jul 01, 2013 to Jun 30, 2014 • Filed on May 12, 2015

54 Brookside Avenue02130

(617) 277-1118

Siviq Scores

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

Liabilities / Assets

81st percentile

0.56x

Higher debt load relative to assets than 81% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.29x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$57,083

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

95th percentile

94%

Faster asset growth than 95% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

82nd percentile

31%

Faster revenue growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2014

Assets

Up

$713,807

Up $345,794 (+94%) from 2013

Net Assets

Up

$314,660

Up $234,207 (+291%) from 2013

Liabilities

Up

$399,147

Up $111,587 (+39%) from 2013

Revenue

$1,373,486

No earlier filing loaded for comparison.

Expenses

Up

$1,139,522

Up $136,030 (+14%) from 2013

Net Income

$233,964

No earlier filing loaded for comparison.

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

2014

Assets$713,807
Liabilities$399,147
Net Assets$314,660

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

2014

Revenue$1,373,486
Expenses$1,139,522
Net Income$233,964
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$1,373,486
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 brookline 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$299,252$577,956▲ $278,704
Prepaid Expenses and Deferred Charges$6,466$58,397▲ $51,931
Investments in Publicly Traded Securities$33,050$35,535▲ $2,485
Land, Buildings, and Equipment, Net$23,399$34,934▲ $11,535
Accounts Receivable$5,846$6,985▲ $1,139
Total Assets$368,013$713,807▲ $345,794
Liabilities
Deferred Revenue$286,657$393,680▲ $107,023
Accounts Payable and Accrued Expenses$903$5,467▲ $4,564
Total Liabilities$287,560$399,147▲ $111,587
Net Assets / Fund Balance
Unrestricted Net Assets$80,453$314,660▲ $234,207
Total Net Assets Fund Balance$80,453$314,660▲ $234,207
Total Liabilities and Net Assets / Fund Balance$368,013$713,807▲ $345,794

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,868$45,580$61,448
Other Land Buildings$8,211$22,640$30,851
Leasehold Improvements$10,855$8,525$19,380
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joshua AbramsPresidentFT$57,083$57,083

Board Members and Trustees

NameTitle
Rebecca ShahBoard Member
Beth SchultzDirector
Tricia MorrowSecretary
John MccarthyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$82,743
Program Service Revenue
$1,289,047
Investment Income
$527
Other Revenue
$1,169
All Other Contributions
$82,743
Change in Net Assets
$233,964

Audited Revenue Reconciliation

Revenue per Audited Statements
$960,076
Revenue Not Reported on Financial Statements
$413,410
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$413,410
Total Revenue per Audited Statements
$960,076
Total Revenue per Form 990
$1,373,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$508,614
Grants and Similar Amounts Paid$412,883
Other Expenses$218,025
Total Fundraising Expense$95
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$387,558$33,701-$421,259
Grants to Domestic Individuals$412,883--$412,883
Occupancy$92,180--$92,180
Other Employee Benefits$54,763$1,118-$55,881
Payroll Taxes$29,900$1,574-$31,474
All Other Expenses$16,016$4,538$95$20,649
Depreciation Depletion$11,703--$11,703
Other Expenses$9,866$8,185-$9,866
Conferences and Meetings-$7,199-$7,199
Insurance-$6,683-$6,683
Fees for Services Legal-$3,600-$3,600
Fees for Services Other-$101-$101
Total Functional Expenses$1,072,728$66,699$95$1,139,522

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,139,522
Expenses per Audited Statements$726,639
Total Expenses per Audited Statements$726,639
Expenses Not Reported on Financial Statements$412,883
Other Expense Adjustments$412,883
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 massachussets attorney general's website and on guidestar.

Filing and Contact Details

Filer

EIN
43-2024960
Phone
6172771118

Signing Officer

Name
John Mccarthy
Title
Treasurer
Phone
6172771118
Signed
2015-05-12
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
13
Volunteers
0

Preparer

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 these tax returns and believe they are more-likely-than-not of being sustained if examined by federal or state authorities. The organization's 2009 through 2012 tax years remain subject to examination by federal and state authorities.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Financial aid 412,883. Realized gains 527.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 412,883.

Raw XML AppendixShowing 400 of 406 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/BOYAmt0903
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05467
IRS990/AccountsReceivableGrp/BOYAmt05846
IRS990/AccountsReceivableGrp/EOYAmt06985
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MERIDIAN ACADEMY IS A NONPROFIT INDEPENDENT DAY SCHOOL IN BROOKLINE 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/AllOtherContributionsAmt082743
IRS990/AllOtherExpensesGrp/FundraisingAmt095
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04538
IRS990/AllOtherExpensesGrp/ProgramServicesAmt016016
IRS990/AllOtherExpensesGrp/TotalAmt020649
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06172771118
IRS990/BooksInCareOfDetail/USAddress/AddressLine1054 BROOKSIDE AVENUE
IRS990/BooksInCareOfDetail/USAddress/City0JAMAICA PLAIN
IRS990/BooksInCareOfDetail/USAddress/State0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode002130
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0299252
IRS990/CashNonInterestBearingGrp/EOYAmt0577956
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt07199
IRS990/ConferencesMeetingsGrp/TotalAmt07199
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt082743
IRS990/CYGrantsAndSimilarPaidAmt0412883
IRS990/CYInvestmentIncomeAmt0527
IRS990/CYOtherExpensesAmt0218025
IRS990/CYOtherRevenueAmt01169
IRS990/CYProgramServiceRevenueAmt01289047
IRS990/CYRevenuesLessExpensesAmt0233964
IRS990/CYSalariesCompEmpBnftPaidAmt0508614
IRS990/CYTotalExpensesAmt01139522
IRS990/CYTotalFundraisingExpenseAmt095
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01373486
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0286657
IRS990/DeferredRevenueGrp/EOYAmt0393680
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt011703
IRS990/DepreciationDepletionGrp/TotalAmt011703
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/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01072728
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03600
IRS990/FeesForServicesLegalGrp/TotalAmt03600
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0101
IRS990/FeesForServicesOtherGrp/TotalAmt0101
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/PersonNm4REBECCA SHAH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt057083
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/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0412883
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0412883
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0412883
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01373486
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06683
IRS990/InsuranceGrp/TotalAmt06683
IRS990/InvestmentIncomeGrp/ExclusionAmt0527
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0527
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt033050
IRS990/InvestmentsPubTradedSecGrp/EOYAmt035535
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt076745
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023399
IRS990/LandBldgEquipBasisNetGrp/EOYAmt034934
IRS990/LandBldgEquipCostOrOtherBssAmt0111679
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/NetAssetsOrFundBalancesBOYAmt080453
IRS990/NetAssetsOrFundBalancesEOYAmt0314660
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0243
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt092180
IRS990/OccupancyGrp/TotalAmt092180
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01118
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt054763
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055881
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1FIELD TRIPS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3DUES & LICENSE FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08185
IRS990/OtherExpensesGrp/ProgramServicesAmt032742
IRS990/OtherExpensesGrp/ProgramServicesAmt112892
IRS990/OtherExpensesGrp/ProgramServicesAmt212225
IRS990/OtherExpensesGrp/ProgramServicesAmt39866
IRS990/OtherExpensesGrp/TotalAmt040927
IRS990/OtherExpensesGrp/TotalAmt112892
IRS990/OtherExpensesGrp/TotalAmt212225
IRS990/OtherExpensesGrp/TotalAmt39866
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01169
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01169
IRS990/OtherRevenueTotalAmt01169
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033701
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0387558
IRS990/OtherSalariesAndWagesGrp/TotalAmt0421259
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01574
IRS990/PayrollTaxesGrp/ProgramServicesAmt029900
IRS990/PayrollTaxesGrp/TotalAmt031474
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06466
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058397
IRS990/PrincipalOfficerNm0JOSH ABRAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION, EVENTS AN
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT MATERIAL
IRS990/ProgramServiceRevenueGrp/Desc3EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01286463
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11450
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2764
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3370
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01286463
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3370
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt041629
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0359390
IRS990/PYInvestmentIncomeAmt0127
IRS990/PYOtherExpensesAmt0217414
IRS990/PYOtherRevenueAmt06915
IRS990/PYProgramServiceRevenueAmt0930996
IRS990/PYRevenuesLessExpensesAmt0-23825
IRS990/PYSalariesCompEmpBnftPaidAmt0426688
IRS990/PYTotalExpensesAmt01003492
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0979667
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0233964
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01290743
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/BookValueAmt015868
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061448
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0412883
IRS990ScheduleD/ExpensesSubtotalAmt0726639
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010855
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08525
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt019380
IRS990ScheduleD/OtherExpensesNotIncludedAmt0412883
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08211
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022640
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030851
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0413410
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0413410
IRS990ScheduleD/RevenueSubtotalAmt0960076
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 THESE TAX RETURNS AND BELIEVE THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR STATE AUTHORITIES. THE ORGANIZATION'S 2009 THROUGH 2012 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID 412,883. REALIZED GAINS 527.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID 412,883.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034934
IRS990ScheduleD/TotalExpensesPerForm990Amt01139522
IRS990ScheduleD/TotalRevenuePerForm990Amt01373486
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0960076
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0726639
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
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0412883
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID DIRECTLY APPLIED TO STUDENT TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt025
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 MASSACHUSSETS 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/TotalAssetsBOYAmt0368013
IRS990/TotalAssetsEOYAmt0713807
IRS990/TotalAssetsGrp/BOYAmt0368013
IRS990/TotalAssetsGrp/EOYAmt0713807
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt082743
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt095
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066699
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01072728
IRS990/TotalFunctionalExpensesGrp/TotalAmt01139522
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0287560
IRS990/TotalLiabilitiesEOYAmt0399147
IRS990/TotalLiabilitiesGrp/BOYAmt0287560
IRS990/TotalLiabilitiesGrp/EOYAmt0399147
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt080453
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0314660
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01072728
IRS990/TotalProgramServiceRevenueAmt01289047
IRS990/TotalReportableCompFromOrgAmt057083
IRS990/TotalRevenueGrp/ExclusionAmt0527
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01290216
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01373486
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0368013
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0713807
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt080453
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0314660
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1054 BROOKSIDE AVENUE
IRS990/USAddress/City0JAMAICA PLAIN
IRS990/USAddress/State0MA
IRS990/USAddress/ZIPCode002446
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.MERIDIANACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MCCARTHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06172771118
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10MERIDIAN ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MERI
ReturnHeader/Filer/EIN0432024960
ReturnHeader/Filer/PhoneNum06172771118
ReturnHeader/Filer/USAddress/AddressLine1054 BROOKSIDE AVENUE
ReturnHeader/Filer/USAddress/City0JAMAICA PLAIN
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode002130
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0041796830
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10RUSSELL BRIER & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10TEN POST OFFICE SQUARE 6TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0021094689
ReturnHeader/PreparerPersonGrp/PhoneNum06175237094

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