Overview
What is New Meridian Corporation?
New Meridian Corporation is a business based in Austin, Texas, with a mission to enhance the quality of public education by designing and developing student assessments that emphasize crucial skills, including critical thinking, deep comprehension, and effective communication. The corporation collaborates with states, serving over 3.6 million students, and offers a flexible, hybrid approach to test development that combines existing top-quality content with custom-created content, thereby improving quality, reducing costs, and decreasing development times. With a dedicated workforce of approximately 50 employees, New Meridian focuses on empowering students with the essential abilities to succeed in the future.
Official website here: www.newmeridiancorp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
New Meridian Corporation has received a Three-Star rating from Charity Navigator, reflecting a solid overall score primarily based on its accountability and finance practices. The organization demonstrates a strong commitment to transparency and responsible financial management, which is evident in its high scores across various accountability metrics.
The charity excels in having a majority of independent board members and effective audit and oversight mechanisms, contributing to its robust governance. Additionally, it maintains a favorable program expense ratio, directing a significant portion of its funds towards its programs, which indicates a strong focus on fulfilling its mission.
While the organization exhibits many strengths in its operational practices, there are no significant limitations noted in the data provided. Overall, New Meridian Corporation appears to uphold high standards of accountability and financial integrity, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is New Meridian Corporation legitimate?
New Meridian Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Meridian Corporation 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: $737,037
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,859,490
For more financial information, click here
Official website here: www.newmeridiancorp.org
What is the mission statement of New Meridian Corporation?
New Meridian Corporation is dedicated to enhancing the quality of public education for all students. They achieve this mission by focusing on the development of assessments that emphasize essential skills for the future, such as critical thinking, deep comprehension, and effective communication. New Meridian serves as a partner to states in preparing students for the challenges they will face. By providing technical expertise and research-backed, high-quality test content, New Meridian uniquely concentrates on the development of students' critical reasoning and communication abilities. Their assessments are designed to help students excel and thrive in the future.
Official website here: www.newmeridiancorp.org
Who is the CEO of New Meridian Corporation?
Arthur A Vanderveen is the President & Ceo of New Meridian Corporation. The CEO's salary of New Meridian Corporation is $378,886 and their total compensation is $391,870.
Official website here: www.newmeridiancorp.org
What is the revenue of New Meridian Corporation?
New Meridian Corporation's revenue in 2022 was $20,374,244.
Official website here: www.newmeridiancorp.org
Who are the executives of New Meridian Corporation and what are their salaries?
The average compensation at New Meridian Corporation during 2022 was $129,344. There are 51 employees and 4 volunteers at New Meridian Corporation.
Here are 11 key members and their salaries (New Meridian Corporation's CEO's salary is $378,886 and their total compensation is $391,870):
- Compensation: $378,886
- Related: $0
- Other: $12,984
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $229,163
- Related: $0
- Other: $19,786
- Compensation: $272,297
- Related: $0
- Other: $21,356
- Compensation: $255,679
- Related: $0
- Other: $15,302
- Compensation: $211,624
- Related: $0
- Other: $22,590
- Compensation: $206,792
- Related: $0
- Other: $16,494
- Compensation: $198,356
- Related: $0
- Other: $18,528
Official website here: www.newmeridiancorp.org
Where can I find the form 990 for New Meridian Corporation?
New Meridian Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newmeridiancorp.org
Learn more at the official website: www.newmeridiancorp.org
Mission Statement of New Meridian Corporation
New Meridian Corporation, a leading assessment design and development partner, is dedicated to enhancing the quality of public education for all students. By focusing on assessments that emphasize crucial skills, New Meridian equips students with the ability to think critically, understand concepts deeply, and effectively communicate their ideas. In doing so, the organization prepares today's students for the challenges they will face in the future.
New Meridian's mission is to be an indispensable partner to states in their efforts to prepare students for success. The corporation achieves this by combining technical expertise with top-tier, research-validated test content. This content is specifically designed to target critical thinking, reasoning, and communication skills, which are essential for students to excel in their academic and professional pursuits. New Meridian's commitment to these core competencies sets students apart, allowing them to adapt and succeed in an ever-changing world.
New Meridian's approach to assessment design is grounded in a deep understanding of the skills that matter most for students' future success. The corporation's experts work closely with states to develop assessments that are not only effective but also efficient and user-friendly. By focusing on the skills that truly make a difference, New Meridian helps ensure that students are well-prepared for the challenges they will encounter as they progress through their education and into their careers.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
New Meridian Corporation significantly impacts public education by enhancing the quality and effectiveness of student assessments. By partnering with states, New Meridian focuses on creating assessments that prioritize critical thinking, deep understanding, and effective communication skills. This approach ensures that evaluations are not merely rote tests but are designed to gauge essential capabilities that students will need to succeed in a rapidly evolving world.
In the past year, New Meridian developed assessments for 3.6 million students, demonstrating its wide reach and influence. Its innovative "hybrid" approach to test development allows for a flexible optimization of existing high-quality test content alongside custom-developed material. This method not only raises the quality of the assessments but also reduces costs and development times, making it an efficient solution for states looking to enhance their educational evaluation systems.
By focusing on research-validated content and technical expertise, New Meridian positions itself as a crucial player in shaping the future of education, preparing students to meet complex challenges with the skills they need to thrive. Through its commitment to advancing assessment quality, New Meridian plays a vital role in fostering an educational environment that supports meaningful learning and student success.
This information is meant to be a general summary of New Meridian Corporation. 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: $67,154
- Program Service Revenue: $19,607,090
- Gross Receipts: $20,620,354
Assets and Liabilities:
- Total Assets: $22,335,966
- Total Liabilities: $3,711,073
- Net Assets: $18,624,893
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student evaluations
Revenue
$19,607,090
Organization Details
Founding Year
2016
Phone
(512) 399-3452Principal Officer
Arthur A Vanderveen
Main Address
9390 Research Blvd 310, Austin, TX, 78759
Website
www.newmeridiancorp.orgNTEE Category
Code: B90 - Education
If you are a representative of New Meridian Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.