Meridian Education Resource Group Inc (EIN 582180056) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Craig Tindall

Phone

4045232500

Tax Period

2023-09-01 to 2024-08-31

Meridian Education Resource Group Inc, founded in 1994, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $7.3M exceeded revenue, resulting in a 44% operating deficit.

Mission

To create health equity by delivering patient centered health services complemented by other programs, especially early education, that address the social determinants of health.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,119,567

Program Service Revenue $1,849,721

Investment Income $132,938

Other Revenue $0

TOTAL REVENUE $5,102,226

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,464,227

Fundraising Expenses $317,460

Program Expenses $5,212,531

Other Expenses $2,858,491

TOTAL EXPENSES $7,322,718

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,102,226	$8,904,277	-0.4%
Expenses	$7,322,718	$6,239,059	+0.2%
Net Income	$-2,220,492	$2,665,218	-1.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$358,377

Total Directors

Key Employees

$592,476

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Martha Nelson Kelley	Chair	2.00	Officer Director	$0	$0	$0
Abby Cox	Vice Chair	2.00	Officer Director	$0	$0	$0
Garry Long	Secretary	1.00	Officer Director	$0	$0	$0
April Carr	Director	1.00	Director	$0	$0	$0
Kelsey Agnew	Director	1.00	Director	$0	$0	$0
William Alce	Director	1.00	Director	$0	$0	$0
Marie Brumley Foster	Director	1.00	Director	$0	$0	$0
Dan Preister	Director	1.00	Director	$0	$0	$0
Sallie Wilbanks	Director	1.00	Director	$0	$0	$0
Michelle Dawson	Director	1.00	Director	$0	$0	$0
Ponce Tidwell	Director	1.00	Director	$0	$0	$0
Mike Weiss	Director	1.00	Director	$0	$0	$0
Terri Wright PhD	Director	1.00	Director	$0	$0	$0
Belise Livington-Burns MD	Director	1.00	Director	$0	$0	$0
Marlena Cruz	Director	1.00	Director	$0	$0	$0
Lisa Dwyer	Director	1.00	Director	$0	$0	$0
Alan Ferguson	Director	1.00	Director	$0	$0	$0
Angela Allen-Fowler	Director	1.00	Director	$0	$0	$0
Marcia Ridley	Director	1.00	Director	$0	$0	$0
Breanna West	Director	1.00	Director	$0	$0	$0
Craig Tindall	Chief Executive Officer	40.00	Officer	$183,891	$9,195	$193,086
Louis Simmons	Chief Operating Officer	40.00	Officer	$145,000	$20,291	$165,291
Chivon Stubbs	Chief Medical Officer	40.00	Key Emp	$259,114	$12,356	$271,470
Dorian Longshore	Dentist	40.00	Key Emp	$166,015	$1,660	$167,675
Tasha Green	Family Practice Physician	40.00	Key Emp	$151,813	$1,518	$153,331
Bianca Rickesha Waters	Psychiatrist	40.00	Highest	$145,859	$7,293	$153,152
Mykal O'Shea	Advanced Practice Provider	40.00	Highest	$126,908	$1,219	$128,127
Rachel Burns Ezzo	Senior Director of Development	40.00	Highest	$115,708	$5,785	$121,493

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
2024	$5,102,226	$7,322,718	$8,055,127	$-2,220,492
2023	$8,904,277	$6,239,059	$10,146,994	$2,665,218
2022	$6,324,154	$5,493,790	$8,115,225	$830,364
2021	$4,980,107	$4,489,805	$7,961,644	$490,302
2020	$8,152,323	$4,951,610	$6,979,299	$3,200,713
2020	$8,668,191	$4,951,610	$7,495,159	$3,716,581
2019	$4,323,785	$4,388,089	$1,652,457	$-64,304
2018	$4,339,243	$4,683,620	$1,765,325	$-344,377

Meridian Education Resource Group Inc