MERIDIAN ACADEMY INC (EIN 432024960) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

JOSH ABRAMS

Phone

6172771118

Tax Period

2022-07-01 to 2023-06-30

MERIDIAN ACADEMY INC, founded in 2003, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $89,000

Program Service Revenue $3,028,555

Investment Income $14,187

Other Revenue $40

TOTAL REVENUE $3,131,782

Expense Breakdown

Grants Paid $1,097,994

Salaries & Benefits $1,441,150

Fundraising Expenses $0

Program Expenses $2,739,308

Other Expenses $590,290

TOTAL EXPENSES $3,129,434

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,131,782	$2,823,650	+0.1%
Expenses	$3,129,434	$2,788,733	+0.1%
Net Income	$2,348	$34,917	-0.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$102,285

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH ABRAMS	TRUSTEE, HEAD OF SCHOOL	10.00	Director	$102,285	$0	$102,285
BETH SCHULTZ	PRESIDENT	3.00	Officer Director	$0	$0	$0
SETH ABRAMOWITZ	CLERK	5.00	Officer Director	$0	$0	$0
VENICE TOUZE	TREASURER	5.00	Officer Director	$0	$0	$0
KEMARAH SIKA	TRUSTEE	10.00	Director	$0	$0	$0
STEPHANIE KINKEL	TRUSTEE	5.00	Director	$0	$0	$0
VELINA BATCHVAROV	TRUSTEE	2.00	Director	$0	$0	$0
JANE MOULDING	TRUSTEE	5.00	Director	$0	$0	$0
SIDRA SMITH	TRUSTEE	2.00	Director	$0	$0	$0
LISA POLLER	TRUSTEE	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,131,782	$3,129,434	$3,509,301	$2,348
2022	$2,823,650	$2,788,733	$1,517,206	$34,917
2021	$2,596,139	$2,577,478	$1,475,651	$18,661
2020	$2,295,551	$2,260,189	$1,347,236	$35,362
2019	$2,093,444	$2,176,132	$1,116,253	$-82,688
2018	$1,873,530	$1,956,707	$1,172,353	$-83,177

MERIDIAN ACADEMY INC