Civic Intelligence

Meridian Academy Inc.

990 • Fiscal year 2016 • EIN 43-2024960

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 05, 2016

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

79th percentile

0.49x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.30x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

57th percentile

4.4%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

80th percentile

16%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

69th percentile

13%

Faster revenue growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,118,106

Up $158,350 (+16%) from 2015

Net Assets

Up

$573,430

Up $81,019 (+16%) from 2015

Liabilities

Up

$544,676

Up $77,331 (+17%) from 2015

Revenue

Up

$1,815,722

Up $204,617 (+13%) from 2015

Expenses

Up

$1,735,273

Up $301,926 (+21%) from 2015

Net Income

Down

$80,449

Down $97,309 (-55%) from 2015

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

2016

Assets$1,118,106
Liabilities$544,676
Net Assets$573,430

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

2016

Revenue$1,815,722
Expenses$1,735,273
Net Income$80,449
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 5, 2016
Return Version
2015v2.1
Gross Receipts
$1,815,722
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$694,835$929,074▲ $234,239
Land, Buildings, and Equipment, Net$153,737$121,835▼ $31,902
Investments in Publicly Traded Securities$39,123$39,693▲ $570
Prepaid Expenses and Deferred Charges$65,206$22,413▼ $42,793
Accounts Receivable$6,855$5,091▼ $1,764
Total Assets$959,756$1,118,106▲ $158,350
Liabilities
Deferred Revenue$436,832$491,408▲ $54,576
Accounts Payable and Accrued Expenses$30,513$53,268▲ $22,755
Total Liabilities$467,345$544,676▲ $77,331
Net Assets / Fund Balance
Unrestricted Net Assets$492,411$573,430▲ $81,019
Total Net Assets Fund Balance$492,411$573,430▲ $81,019
Total Liabilities and Net Assets / Fund Balance$959,756$1,118,106▲ $158,350

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$84,245$89,903$174,147
Equipment$12,950$56,708$69,659
Other Land Buildings$24,640$35,016$59,656
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Josh AbramsPresidentFT$78,882$78,882

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$82,942
Program Service Revenue
$1,732,083
Investment Income
$430
Other Revenue
$267
All Other Contributions
$82,942
Change in Net Assets
$80,449

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,282,456
Revenue Not Reported on Financial Statements
$533,266
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$533,266
Total Revenue per Audited Statements
$1,282,456
Total Revenue per Form 990
$1,815,722
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$767,114
Grants and Similar Amounts Paid$533,266
Other Expenses$434,893
Total Fundraising Expense$125
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$527,820$58,983-$586,803
Grants to Domestic Individuals$533,266--$533,266
Occupancy$150,424--$150,424
Current Officers, Directors, Trustees, and Key Employees$34,000$34,000-$68,000
Depreciation Depletion$66,111--$66,111
Payroll Taxes$56,400$2,969-$59,369
Other Employee Benefits$51,883$1,059-$52,942
All Other Expenses$16,332$8,973$125$25,430
Insurance-$16,664-$16,664
Other Expenses$16,594$17,922-$16,594
Fees for Services Accounting-$10,500-$10,500
Conferences and Meetings-$9,815-$9,815
Fees for Services Legal-$1,600-$1,600
Total Functional Expenses$1,572,663$162,485$125$1,735,273

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,735,273
Expenses per Audited Statements$1,202,007
Total Expenses per Audited Statements$1,202,007
Expenses Not Reported on Financial Statements$533,266
Other Expense Adjustments$533,266
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 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
Treasurer
Phone
6172771118
Signed
2016-12-05
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
23
Volunteers
0

Preparer

Firm
Russell Brier & Co
Address
TEN POST OFFICE SQUARE 6TH FLOOR, BOSTON, MA 02109-4689
Preparer
Stephen D Candelario
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 2016 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 533,266.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 533,266.

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/BOYAmt030513
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt053268
IRS990/AccountsReceivableGrp/BOYAmt06855
IRS990/AccountsReceivableGrp/EOYAmt05091
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/AllOtherContributionsAmt082942
IRS990/AllOtherExpensesGrp/FundraisingAmt0125
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08973
IRS990/AllOtherExpensesGrp/ProgramServicesAmt016332
IRS990/AllOtherExpensesGrp/TotalAmt025430
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/BOYAmt0694835
IRS990/CashNonInterestBearingGrp/EOYAmt0929074
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt034000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt034000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt068000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt09815
IRS990/ConferencesMeetingsGrp/TotalAmt09815
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt082942
IRS990/CYGrantsAndSimilarPaidAmt0533266
IRS990/CYInvestmentIncomeAmt0430
IRS990/CYOtherExpensesAmt0434893
IRS990/CYOtherRevenueAmt0267
IRS990/CYProgramServiceRevenueAmt01732083
IRS990/CYRevenuesLessExpensesAmt080449
IRS990/CYSalariesCompEmpBnftPaidAmt0767114
IRS990/CYTotalExpensesAmt01735273
IRS990/CYTotalFundraisingExpenseAmt0125
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01815722
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0436832
IRS990/DeferredRevenueGrp/EOYAmt0491408
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt066111
IRS990/DepreciationDepletionGrp/TotalAmt066111
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/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01572663
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010500
IRS990/FeesForServicesAccountingGrp/TotalAmt010500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01600
IRS990/FeesForServicesLegalGrp/TotalAmt01600
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/PersonNm0JOSH ABRAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1TRICIA MORROW
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm3BETH SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm4GILA YUDEWITZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt078882
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/GrantAmt0533266
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0533266
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0533266
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01815722
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt016664
IRS990/InsuranceGrp/TotalAmt016664
IRS990/InvestmentIncomeGrp/ExclusionAmt0430
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0430
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt039123
IRS990/InvestmentsPubTradedSecGrp/EOYAmt039693
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0181627
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0153737
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0121835
IRS990/LandBldgEquipCostOrOtherBssAmt0303462
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/NetAssetsOrFundBalancesBOYAmt0492411
IRS990/NetAssetsOrFundBalancesEOYAmt0573430
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0570
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0150424
IRS990/OccupancyGrp/TotalAmt0150424
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01059
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt051883
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052942
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1CUSTODIAL EXPENSES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3FIELD TRIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017922
IRS990/OtherExpensesGrp/ProgramServicesAmt071691
IRS990/OtherExpensesGrp/ProgramServicesAmt129896
IRS990/OtherExpensesGrp/ProgramServicesAmt218246
IRS990/OtherExpensesGrp/ProgramServicesAmt316594
IRS990/OtherExpensesGrp/TotalAmt089613
IRS990/OtherExpensesGrp/TotalAmt129896
IRS990/OtherExpensesGrp/TotalAmt218246
IRS990/OtherExpensesGrp/TotalAmt316594
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0267
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0267
IRS990/OtherRevenueTotalAmt0267
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt058983
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0527820
IRS990/OtherSalariesAndWagesGrp/TotalAmt0586803
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02969
IRS990/PayrollTaxesGrp/ProgramServicesAmt056400
IRS990/PayrollTaxesGrp/TotalAmt059369
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt065206
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022413
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/RelatedOrExemptFuncIncomeAmt01727932
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12591
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01727932
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12591
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21560
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt087339
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0428697
IRS990/PYInvestmentIncomeAmt0174
IRS990/PYOtherExpensesAmt0402841
IRS990/PYOtherRevenueAmt016493
IRS990/PYProgramServiceRevenueAmt01507099
IRS990/PYRevenuesLessExpensesAmt0177758
IRS990/PYSalariesCompEmpBnftPaidAmt0601809
IRS990/PYTotalExpensesAmt01433347
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01611105
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt080449
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01727932
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/BookValueAmt012950
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056708
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt069659
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0533266
IRS990ScheduleD/ExpensesSubtotalAmt01202007
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt084245
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt089903
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0174147
IRS990ScheduleD/OtherExpensesNotIncludedAmt0533266
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024640
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035016
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059656
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0533266
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0533266
IRS990ScheduleD/RevenueSubtotalAmt01282456
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 2016 RETURNS AND BELIEVE THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID 533,266.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID 533,266.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0121835
IRS990ScheduleD/TotalExpensesPerForm990Amt01735273
IRS990ScheduleD/TotalRevenuePerForm990Amt01815722
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01282456
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01202007
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/NonCashAssistanceAmt0533266
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID DIRECTLY APPLIED TO STUDENT TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt028
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/TotalAssetsBOYAmt0959756
IRS990/TotalAssetsEOYAmt01118106
IRS990/TotalAssetsGrp/BOYAmt0959756
IRS990/TotalAssetsGrp/EOYAmt01118106
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt082942
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0125
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0162485
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01572663
IRS990/TotalFunctionalExpensesGrp/TotalAmt01735273
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0467345
IRS990/TotalLiabilitiesEOYAmt0544676
IRS990/TotalLiabilitiesGrp/BOYAmt0467345
IRS990/TotalLiabilitiesGrp/EOYAmt0544676
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0492411
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0573430
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01572663
IRS990/TotalProgramServiceRevenueAmt01732083
IRS990/TotalReportableCompFromOrgAmt078882
IRS990/TotalRevenueGrp/ExclusionAmt0430
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01732350
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01815722
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0959756
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01118106
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0492411
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0573430
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MCCARTHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06172771118
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-12-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERIDIAN ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MERI
ReturnHeader/Filer/EIN0432024960
ReturnHeader/Filer/PhoneNum06172771118
ReturnHeader/Filer/USAddress/AddressLine1Txt054 BROOKSIDE AVENUE
ReturnHeader/Filer/USAddress/CityNm0JAMAICA PLAIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002130
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0041796830
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUSSELL BRIER & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0TEN POST OFFICE SQUARE 6TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0021094689
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