Civic Intelligence

New Meridian Corporation

EIN 81-3949146 • 501(c)3 • Austin, TX

Profile

See Schedule ONew Meridian is an assessment design and development partner that helps states prepare today's students for the challenges of tomorrow. We provide technical expertise and the highest quality, research-validated test content uniquely focused on critical thinking, reasoning, and communication skills - the capabilities students will need to thrive in the future.

9390 Research Blvd 310Austin, TX 78759

www.newmeridiancorp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.48x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

41st percentile

0.15x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

23rd percentile

-5.4%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

87th percentile

$413,549

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

15th percentile

-7.0%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

72nd percentile

22%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$5,361,600

Down $406,497 (-7.0%) from 2024

Liabilities

Up

$2,592,156

Up $512,167 (+25%) from 2024

Net Assets

Down

$2,769,444

Down $918,664 (-25%) from 2024

Operations
Liabilities / Revenue41st percentileNet Margin23rd percentile

Revenue

Up

$16,876,052

Up $3,057,933 (+22%) from 2024

Expenses

Down

$17,794,716

Down $7,365,738 (-29%) from 2024

Net Income

Up

-$918,664

Up $10,423,671 (+92%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2016: $236,001Liabilities 2016: $1,417Net Assets 2016: $234,5842016Assets 2017: $708,427Liabilities 2017: $244,832Net Assets 2017: $463,5952017Assets 2018: $16,833,495Liabilities 2018: $7,141,097Net Assets 2018: $9,692,3982018Assets 2019: $25,968,442Liabilities 2019: $15,690,447Net Assets 2019: $10,277,9952019Assets 2020: $18,606,371Liabilities 2020: $3,334,786Net Assets 2020: $15,271,5852020Assets 2021: $20,767,714Liabilities 2021: $3,456,924Net Assets 2021: $17,310,7902021Assets 2022: $22,335,966Liabilities 2022: $3,711,073Net Assets 2022: $18,624,8932022Assets 2023: $17,575,654Liabilities 2023: $2,545,211Net Assets 2023: $15,030,4432023Assets 2024: $5,768,097Liabilities 2024: $2,079,989Net Assets 2024: $3,688,1082024Assets 2025: $5,361,600Liabilities 2025: $2,592,156Net Assets 2025: $2,769,4442025

Highlighted filing

2025

Assets$5,361,600
Liabilities$2,592,156
Net Assets$2,769,444
Open 2025 Filing

Operations Trend

Revenue Growth72nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10M-$20MRevenue 2016: $350,000Expenses 2016: $115,416Net Income 2016: $234,5842016Revenue 2017: $655,000Expenses 2017: $425,989Net Income 2017: $229,0112017Revenue 2018: $24,477,455Expenses 2018: $15,248,652Net Income 2018: $9,228,8032018Revenue 2019: $21,169,200Expenses 2019: $20,583,603Net Income 2019: $585,5972019Revenue 2020: $18,823,879Expenses 2020: $14,704,542Net Income 2020: $4,119,3372020Revenue 2021: $18,812,009Expenses 2021: $16,772,804Net Income 2021: $2,039,2052021Revenue 2022: $20,374,244Expenses 2022: $18,980,820Net Income 2022: $1,393,4242022Revenue 2023: $24,626,066Expenses 2023: $28,215,955Net Income 2023: -$3,589,8892023Revenue 2024: $13,818,119Expenses 2024: $25,160,454Net Income 2024: -$11,342,3352024Revenue 2025: $16,876,052Expenses 2025: $17,794,716Net Income 2025: -$918,6642025

Highlighted filing

2025

Revenue$16,876,052
Expenses$17,794,716
Net Income-$918,664
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,361,600
Liabilities
$2,592,156
Net assets
$2,769,444
Revenue
$16,876,052
Expenses
$17,794,716
Net income
-$918,664
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.36$2.59$2.77$16.9$17.8$0.92
2024Detailed filing. Detailed filing data is available for this year.$5.77$2.08$3.69$13.8$25.2$11.3
2023Detailed filing. Detailed filing data is available for this year.$17.6$2.55$15.0$24.6$28.2$3.59
2022Detailed filing. Detailed filing data is available for this year.$22.3$3.71$18.6$20.4$19.0$1.39
2021Detailed filing. Detailed filing data is available for this year.$20.8$3.46$17.3$18.8$16.8$2.04
2020Detailed filing. Detailed filing data is available for this year.$18.6$3.33$15.3$18.8$14.7$4.12
2019Detailed filing. Detailed filing data is available for this year.$26.0$15.7$10.3$21.2$20.6$0.59
2018Detailed filing. Detailed filing data is available for this year.$16.8$7.14$9.69$24.5$15.2$9.23
2017Summary only. Only limited summary data is available for this year.$0.71$0.24$0.46$0.66$0.43$0.23
2016Summary only. Only limited summary data is available for this year.$0.24$0.00$0.23$0.35$0.12$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 12, 2026
Return Version
2024v5.5
Gross Receipts
$16,876,052
Mission and Program Overview

Mission

See Schedule ONew Meridian is an assessment design and development partner that helps states prepare today's students for the challenges of tomorrow. We provide technical expertise and the highest quality, research-validated test content uniquely focused on critical thinking, reasoning, and communication skills - the capabilities students will need to thrive in the future.

New Meridian's mission is to advance the quality of public education for all students by designing assessments that focus on the skills that matter: critical thinking, deep understanding, and the ability to communicate ideas effectively.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,733,261$3,262,384▲ $529,123
Accounts Receivable$1,116,532$1,809,395▲ $692,863
Cash and Non-Interest-Bearing Accounts$826,243--
Pledges and Grants Receivable$500,000--
Prepaid Expenses and Deferred Charges$239,511$151,660▼ $87,851
Land, Buildings, and Equipment, Net$125,059$49,187▼ $75,872
Intangible Assets$129,088$43,029▼ $86,059
Total Assets$5,768,097$5,361,600▼ $406,497
Other Assets Total$98,403$45,945▼ $52,458
Liabilities
Accounts Payable and Accrued Expenses$1,492,307$1,333,138▼ $159,169
Unsecured Notes Loans Payable-$973,529-
Deferred Revenue$480,984$227,338▼ $253,646
Other Liabilities$106,698$58,151▼ $48,547
Total Liabilities$2,079,989$2,592,156▲ $512,167
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,188,108$2,769,444▼ $418,664
Net Assets With Donor Restrictions$500,000$0▼ $500,000
Total Net Assets Fund Balance$3,688,108$2,769,444▼ $918,664
Total Liabilities and Net Assets / Fund Balance$5,768,097$5,361,600▼ $406,497

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,348$712,557$758,905
Other Land Buildings$2,839$70,793$73,632
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arthur VanderVeenPresident & CEOFT$375,934$37,615$413,549
Randall M SchuesslerChief Technology OfficerFT$273,628$28,764$302,392
Kristopher JohnVP Product StrategyFT$233,117$28,515$261,632
Nirav PatelSenior ControllerFT$195,834$48,800$244,634
William BuntingVP Assessment and Client ServicesFT$230,855$7,354$238,209
Jeffrey Lynn NeufeldDirector of FinanceFT$189,074$30,005$219,079
James DeGrassiDirector of Full-Service Assessment DeliveryFT$186,042$29,944$215,986
James DeGrassiDirector of Full-Service Assessment-$186,042$29,944$215,986
Ourania RotouDirector of Psychometric Research ServicesFT$211,657$3,337$214,994
Ourania RotouDirector of Psychometric Research Se-$211,657$3,337$214,994
Kirk L LarsonTechnical Solutions ArchitectFT$176,250$29,506$205,756

Board Members and Trustees

NameTitle
Eileen ShihadehDirector
Jesse MarkowDirector
Tom HigginsDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
University of Kansas Center for ResearchTest content & develop2385 Irving Hill Road, Lawrence, KS 66045$1,291,761
Strategic Measurement and Evaluation InTest Scoring Service3768 Rome Drive Suite B, Lafayette, IN 47905$909,530
NCS Pearson IncTest content & develop221 River Street, Hoboken, NJ 07030$700,856
Learnosity LimitedTest content & develop260 Madison Ave 8th floor, New York, NY 10016$237,813
James P CarrollTechnology consultants9 Ivanhoe Dr, Manalapan, NJ 07726$199,720
Revenue and Support

Revenue Composition

Contributions and Grants
$629,775
Program Service Revenue
$16,103,024
Investment Income
$143,253
Other Revenue
$0
All Other Contributions
$629,775
Change in Net Assets
$-918,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,876,052
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$16,876,052
Total Revenue per Form 990
$16,876,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,329,489
Other Expenses$6,465,227
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,047,698$1,106,034-$8,153,732
Fees for Services Other$641,816$496,095-$1,137,911
Current Officers, Directors, Trustees, and Key Employees$625,483$485,510-$1,110,993
Other Employee Benefits$911,159$171,752-$1,082,911
Information Technology$695,076$7,062-$702,138
Payroll Taxes$574,275$117,137-$691,412
Pension Plan Contributions$251,470$38,971-$290,441
Other Expenses$231,045--$231,045
Depreciation Depletion$134,733$27,198-$161,931
Fees for Services Accounting-$131,066-$131,066
Advertising-$107,486-$107,486
Occupancy$84,480$17,232-$101,712
Travel$70,881$30,378-$101,259
Insurance$82,577$16,843-$99,420
Fees for Services Legal-$80,155-$80,155
Interest-$61,473-$61,473
Office Expenses$2,777$30,704-$33,481
Conferences and Meetings$8,855$3,795-$12,650
Total Functional Expenses$14,865,825$2,928,891$0$17,794,716

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,794,716
Total Expenses per Audited Statements$17,794,716
Total Expenses per Form 990$17,794,716
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liability$50,700
Deposits$7,451
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
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 11B

“The 990 is distributed to the Board members, who can review, ask questions, and propose edits. Comments, questions, and proposed edits are appropriately addressed. Approval is sought and recorded in the books and records of the Organization.”

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

“New Meridian Corporation follows its Conflict of Interest Policy, which requires directors and officers to be surveyed annually by the organization regarding any potential conflicts with the organization, its material contractors, and/or customers. In the event of a conflict, the director or officer in conflict abstains from voting on matters in conflict.”

Form 990, Part VI, Section B, line 15

“The Board reviews comparability data for compensation and other factors to determine the compensation of the President/CEO and the overall compensation approach the organization uses. The independent Directors vote to approve such compensation. The supporting data, deliberation, and vote are recorded in Board minutes. New Meridian Corporation participates in a compensation study to compare our compensation with similar organizations. The CEO ultimately determines and approves the COO's salary every year. The Board also approves new Meridian Corporation compensation of Directors as part of each fiscal year's annual plan review.”

Form 990, Part VI, Section C, line 19

“Organizational documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
New Meridian Corporation
EIN
81-3949146
Phone
5123993452
Address
9390 Research Blvd 310, Austin, TX 78759

Signing Officer

Name
Arthur A VanderVeen
Title
President & CEO
Phone
5123993452
Signed
2026-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arthur A VanderVeen
Formed
2016
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
3
Employees
99
Volunteers
3

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm5Kristopher John
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IRS990/MissionDesc0See Schedule ONew Meridian is an assessment design and development partner that helps states prepare today's students for the challenges of tomorrow. We provide technical expertise and the highest quality, research-validated test content uniquely focused on critical thinking, reasoning, and communication skills - the capabilities students will need to thrive in the future.
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