Austin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Meridian Corporation, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $16.9M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.
New 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...
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. During this year, New Meridian developed assessments serving 1.5 million students. New Meridian has developed an innovative through-year assessment for state accountability purposes that aligns to local districts' curriculum, provides instructionally valuable feedback throughout the year, and significantly reduces overall testing time. This year, New Meridian developed a district version of its through-year assessment to serve districts directly and through curriculum publisher partnerships.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $16,876,052 | $13,818,119 | +0.2% |
| Expenses | $17,794,716 | $25,160,454 | -0.3% |
| Net Income | $-918,664 | $-11,342,335 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Arthur VanderVeen | President & CEO | 50.00 |
Officer
Director
|
$375,934 | $37,615 | $413,549 |
| Tom Higgins | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Jesse Markow | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Eileen Shihadeh | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Randall M Schuessler | Chief Technology Officer | 50.00 |
Key Emp
|
$273,628 | $28,764 | $302,392 |
| Kristopher John | VP Product Strategy | 50.00 |
Key Emp
|
$233,117 | $28,515 | $261,632 |
| William Bunting | VP Assessment and Client Services | 50.00 |
Key Emp
|
$230,855 | $7,354 | $238,209 |
| Nirav Patel | Senior Controller | 50.00 |
Highest
|
$215,834 | $28,800 | $244,634 |
| Jeffrey Lynn Neufeld | Director of Finance | 50.00 |
Highest
|
$189,074 | $30,005 | $219,079 |
| Ourania Rotou | Director of Psychometric Research Services | 50.00 |
Highest
|
$211,657 | $3,337 | $214,994 |
| James DeGrassi | Director of Full-Service Assessment Delivery | 50.00 |
Highest
|
$186,042 | $29,944 | $215,986 |
| Kirk L Larson | Technical Solutions Architect | 50.00 |
Highest
|
$176,250 | $29,506 | $205,756 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $16,876,052 | $17,794,716 | $5,361,600 | $-918,664 |
| 2024 | $13,818,119 | $25,160,454 | $5,768,097 | $-11,342,335 |
| 2023 | $24,626,066 | $28,215,955 | $17,575,654 | $-3,589,889 |
| 2022 | $20,374,244 | $18,980,820 | $22,335,966 | $1,393,424 |
| 2021 | $18,812,009 | $16,772,804 | $20,767,714 | $2,039,205 |
| 2020 | $18,823,879 | $14,704,542 | $18,606,371 | $4,119,337 |
| 2019 | $21,169,200 | $20,583,603 | $25,968,442 | $585,597 |
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