Civic Intelligence

Meridian Public Charter School

990 • Fiscal year 2011 • EIN 52-2131742

Jul 01, 2010 to Jun 30, 2011 • Filed on Dec 14, 2011

1328 Florida Aveune NW20009-4824
Siviq Scores

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

Liabilities / Assets

48th percentile

0.20x

Higher debt load relative to assets than 48% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$5,275,585

No earlier filing loaded for comparison.

Net Assets

$4,243,984

No earlier filing loaded for comparison.

Liabilities

$1,031,601

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$8,328,337

No earlier filing loaded for comparison.

Net Income

-

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.

$30M$20M$10M$0Assets 2011: $5,275,585Liabilities 2011: $1,031,601Net Assets 2011: $4,243,9842011Assets 2012: $4,191,517Liabilities 2012: $960,221Net Assets 2012: $3,231,2962012Assets 2013: $4,379,956Liabilities 2013: $1,291,203Net Assets 2013: $3,088,7532013Assets 2014: $20,580,139Liabilities 2014: $14,005,588Net Assets 2014: $6,574,5512014Assets 2015: $19,036,252Liabilities 2015: $13,473,254Net Assets 2015: $5,562,9982015Assets 2016: $17,992,592Liabilities 2016: $14,170,106Net Assets 2016: $3,822,4862016Assets 2017: $18,980,598Liabilities 2017: $13,726,428Net Assets 2017: $5,254,1702017Assets 2018: $19,911,640Liabilities 2018: $13,456,629Net Assets 2018: $6,455,0112018Assets 2019: $17,843,591Liabilities 2019: $8,110,608Net Assets 2019: $9,732,9832019Assets 2020: $27,061,653Liabilities 2020: $16,823,014Net Assets 2020: $10,238,6392020Assets 2021: $25,835,715Liabilities 2021: $13,990,484Net Assets 2021: $11,845,2312021Assets 2022: $24,679,992Liabilities 2022: $13,517,544Net Assets 2022: $11,162,4482022Assets 2023: $26,040,469Liabilities 2023: $14,787,057Net Assets 2023: $11,253,4122023Assets 2024: $26,504,430Liabilities 2024: $14,506,134Net Assets 2024: $11,998,2962024

Highlighted filing

2011

Assets$5,275,585
Liabilities$1,031,601
Net Assets$4,243,984

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $8,328,3372011Expenses 2012: $9,123,1982012Expenses 2013: $11,257,3072013Revenue 2014: $11,851,274Expenses 2014: $12,189,247Net Income 2014: -$337,9732014Revenue 2015: $12,718,732Expenses 2015: $13,730,285Net Income 2015: -$1,011,5532015Revenue 2016: $13,649,275Expenses 2016: $15,389,787Net Income 2016: -$1,740,5122016Revenue 2017: $13,403,810Expenses 2017: $11,972,126Net Income 2017: $1,431,6842017Revenue 2018: $13,517,828Expenses 2018: $12,316,987Net Income 2018: $1,200,8412018Revenue 2019: $16,914,934Expenses 2019: $13,636,962Net Income 2019: $3,277,9722019Revenue 2020: $14,990,108Expenses 2020: $14,489,251Net Income 2020: $500,8572020Revenue 2021: $17,496,957Expenses 2021: $15,882,055Net Income 2021: $1,614,9022021Revenue 2022: $18,629,497Expenses 2022: $19,279,768Net Income 2022: -$650,2712022Revenue 2023: $20,530,373Expenses 2023: $20,436,304Net Income 2023: $94,0692023Revenue 2024: $21,482,033Expenses 2024: $20,737,149Net Income 2024: $744,8842024

Highlighted filing

2011

Revenue-
Expenses$8,328,337
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Dec 14, 2011
Return Version
2010v3.4
Gross Receipts
$9,187,092
Mission and Program Overview

Mission

To inspire passion for learning in our students and to help them build self-confidence and self-respect through academic achievement. Meridian public charter school is a public academic elementary and middle school serving students in preschool through eighth grade. The school is a model that is academic in focus with a concentration on reading and writing. The mission of the school is to instill within its students a passion for learning, self-confidence, and self-respect through academic achievement.

Filing and Contact Details

Filer

EIN
52-2131742
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE SCHOOL ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION OF FASB ASC 740 HAD NO IMPACT ON THE SCHOOL'S AUDITED FINANCIAL STATEMENTS. THE SCHOOL DOES NOT BELIEVE THEIR FINANCIAL STATEMENTS INCLUDE (OR REFLECT) ANY UNCERTAIN TAX POSITIONS.
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON MERIDIAN'S WEBSITE.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1MPCS RECEIVED AID FROM THE DC GOVERNMENT VIA THE DC PUBLIC CHARTER SCHOOL BOARD, THE U.S. DEPARTMENT OF EDUCATION, THE U.S. DEPARTMENT OF AGRICULTURE, AND CONGRESSIONAL APPROPRIATION.
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IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
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IRS990ScheduleO/GeneralExplanation/Explanation0THE FORM 990 IS REVIEWED BY THE FINANCE MANAGER AND THE TREASURER FOR ACCURACY.
IRS990ScheduleO/GeneralExplanation/Explanation1EACH YEAR ORGANIZATION'S BOARD MEMBERS DETERMINE THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES BY RESEARCHING COMPETITIVE SALARIES VIA THE 990S OF OTHER ORGANIZATIONS AND THE EVALUATION OF EMPLOYEE'S PERFORMANCE.
IRS990ScheduleO/GeneralExplanation/Explanation2MPCS'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. POLICIES ARE PRINTED IN THE PARENT AND STUDENT HANDBOOK AND EMPLOYEE HANDBOOK.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 15
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IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode0200094824
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10THE ORGANIZATION
IRS990/TheBooksAreInCareOf/TelephoneNumber02023879830
IRS990/TotalAssets/BOY04343911
IRS990/TotalAssetsBOY04343911
IRS990/TotalAssets/EOY05275585
IRS990/TotalAssetsEOY05275585
IRS990/TotalCompGT150K00
IRS990/TotalContributions09018442
IRS990/TotalExpensesCurrentYear08328337
IRS990/TotalExpensesPriorYear08947026
IRS990/TotalFunctionalExpenses/Fundraising010244
IRS990/TotalFunctionalExpenses/ManagementAndGeneral01955691
IRS990/TotalFunctionalExpenses/ProgramServices06362402
IRS990/TotalFunctionalExpenses/Total08328337
IRS990/TotalFundrsngExpCurrentYear010244
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY0958682
IRS990/TotalLiabilitiesBOY0958682
IRS990/TotalLiabilities/EOY01031601
IRS990/TotalLiabilitiesEOY01031601
IRS990/TotalLiabNetAssetsFundBalances/BOY04343911
IRS990/TotalLiabNetAssetsFundBalances/EOY05275585
IRS990/TotalNbrEmployees0134
IRS990/TotalNbrVolunteers00
IRS990/TotalNetAssetsFundBalances/BOY03385229
IRS990/TotalNetAssetsFundBalances/EOY04243984
IRS990/TotalOtherCompensation011091
IRS990/TotalOtherRevenue0101355
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense06362402

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.5$14.5$12.0$21.5$20.7$0.74
2023Detailed filing. Detailed filing data is available for this year.$26.0$14.8$11.3$20.5$20.4$0.09
2022Detailed filing. Detailed filing data is available for this year.$24.7$13.5$11.2$18.6$19.3$0.65
2021Detailed filing. Detailed filing data is available for this year.$25.8$14.0$11.8$17.5$15.9$1.61
2020Detailed filing. Detailed filing data is available for this year.$27.1$16.8$10.2$15.0$14.5$0.50
2019Detailed filing. Detailed filing data is available for this year.$17.8$8.11$9.73$16.9$13.6$3.28
2018Detailed filing. Detailed filing data is available for this year.$19.9$13.5$6.46$13.5$12.3$1.20
2017Detailed filing. Detailed filing data is available for this year.$19.0$13.7$5.25$13.4$12.0$1.43
2016Detailed filing. Detailed filing data is available for this year.$18.0$14.2$3.82$13.6$15.4$1.74
2015Detailed filing. Detailed filing data is available for this year.$19.0$13.5$5.56$12.7$13.7$1.01
2014Detailed filing. Detailed filing data is available for this year.$20.6$14.0$6.57$11.9$12.2$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$1.29$3.09$11.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.96$3.23$9.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.28$1.03$4.24$8.33