Overview
What is Meridian Academy Inc?
Meridian Academy Inc, situated in Jamaica Plain, Massachusetts, is a nonprofit educational institution. It serves students from grades 6 to 12, offering an educational approach that combines the best practices from both progressive and traditional schools. This unique curriculum encourages students to embrace the joys and challenges of lifelong learning and discovery, fostering their development into analytical, creative, and thoughtful individuals. With a small, vibrant community, Meridian Academy provides a supportive environment that mentors students, enabling them to become active and engaged citizens. The organization employs a team of 23 individuals, dedicated to nurturing the intellectual growth and personal development of its students.
Official website here: www.meridianacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Meridian Academy Inc has received an overall score of 81%, indicating a solid performance in accountability and finance. The rating is based on a comprehensive evaluation that highlights strong governance, including a fully independent board and robust financial oversight, as evidenced by perfect scores in several critical areas such as financial audits and policies regarding conflicts of interest and whistleblowing.
The organization demonstrates a high program expense ratio of 87.86%, suggesting that the majority of its funding is directed toward its programs rather than administrative costs. This focus on programmatic spending is a positive aspect, reflecting the nonprofit’s commitment to its mission and effectiveness in serving its community.
However, while the organization shows strong accountability, it has a liabilities to assets ratio of 81.19%, which may raise some concerns about its financial stability. Overall, Meridian Academy appears to manage its resources effectively, but potential donors might want to consider the implications of its liabilities when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Meridian Academy Inc legitimate?
Meridian Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meridian Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $88,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $985,115
For more financial information, click here
Official website here: www.meridianacademy.org
What is the mission statement of Meridian Academy Inc?
Meridian Academy Inc's mission is centered around educating students from grades 6 to 12. The institution implements a curriculum that combines the best practices from progressive and traditional teaching methods. This approach encourages students to appreciate the joys and challenges of lifelong learning and discovery, fostering in them the qualities of creative, analytical learners and thoughtful, engaged citizens.
Official website here: www.meridianacademy.org
Who is the CEO of Meridian Academy Inc?
Josh Abrams is the Trustee, Head Of School of Meridian Academy Inc.
Official website here: www.meridianacademy.org
What is the revenue of Meridian Academy Inc?
Meridian Academy Inc's revenue in 2022 was $2,823,650.
Official website here: www.meridianacademy.org
Who are the executives of Meridian Academy Inc and what are their salaries?
The average compensation at Meridian Academy Inc during 2022 was $46,657. There are 23 employees and 25 volunteers at Meridian Academy Inc.
Here are 5 key members and their salaries:
- Compensation: $100,012
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.meridianacademy.org
Where can I find the form 990 for Meridian Academy Inc?
Meridian Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.meridianacademy.org
Learn more at the official website: www.meridianacademy.org
Mission Statement of Meridian Academy Inc
Meridian Academy Inc is committed to educating students from grades 6 to 12. This nonprofit institution employs a curriculum that blends the best practices from both progressive and traditional schooling, nudging its pupils to embrace the joys and challenges of lifelong learning and discovery. The mission of Meridian Academy Inc is to foster an environment where students become creative, questioning, and analytical learners, as well as thoughtful and involved citizens. The school aims to mentor its students in a small, vibrant community, encouraging them to develop a passion for learning and active participation in society.
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Impact
July, 2024
Meridian Academy Inc, an independent day school in Jamaica Plain, Massachusetts, has a profound impact on its students by providing a unique educational experience. Through a curriculum that combines progressive and traditional schooling, Meridian Academy mentors students in a small, vibrant community to become creative, questioning, and analytical learners. By fostering a culture of lifelong learning and discovery, the school equips students to not only excel academically but also to become thoughtful and involved citizens. This approach helps prepare students in grades 6-12 for success in higher education and in their future endeavors.
This information is meant to be a general summary of Meridian Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $159
- Program Service Revenue: $2,686,788
- Gross Receipts: $2,823,650
Assets and Liabilities:
- Total Assets: $1,517,206
- Total Liabilities: $877,284
- Net Assets: $639,922
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$2,683,988
APPLICATION, EVENTS AN
Revenue
$2,800
Organization Details
Founding Year
2003
Phone
(617) 277-1118Principal Officer
Josh Abrams
Main Address
54 BROOKSIDE AVENUE, JAMAICA PLAIN, MA, 02130
Website
www.meridianacademy.orgNTEE Category
Code: B20 - Education
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