CALVARY MERIDIAN PREP ACADEMY INC

EIN: 851684748 501(c)(3) Education

Meridian, ID

Total Revenue
$1,799,826
Total Expenses
$1,784,008
Total Assets
$225,612
Net Assets
$192,538
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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
2021
Legal Domicile
ID
Principal Officer
Greg Cordero
Phone
2083913292
Tax Period
2024-07-01 to 2025-06-30

CALVARY MERIDIAN PREP ACADEMY INC, founded in 2021, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum.

Mission

CALVARY MERIDIAN PREP ACADEMY IS A FAITH-BASED PRIVATE CHRISTIAN SCHOOL, THAT PROVIDES STUDENTS WITH A CHALLENGING CURRICULUM AND ORGANIZED ATHLETICS, AND OPPORTUNITIES FOR STUDENTS TO ENGAGE IN MEANINGFUL MISSION WORK AND ACADEMIC SUCCESS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $277,477
Program Service Revenue $1,521,645
Investment Income $704
Other Revenue $0
TOTAL REVENUE $1,799,826

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,189,163
Fundraising Expenses $0
Program Expenses $1,784,008
Other Expenses $594,845
TOTAL EXPENSES $1,784,008

Year-over-Year Comparison

2024 2023 Change
Revenue $1,799,826 $1,071,618 +0.7%
Expenses $1,784,008 $999,645 +0.8%
Net Income $15,818 $71,973 -0.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
125

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
4
$21,750
Total Directors
1
$43,200
Key Employees
1
$43,200
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG CORDERO SUPERINTENTANT 40.0
Director Key Emp
$43,200 $0 $43,200
JACKIE HERRELL SECRETARY 40.0
Officer
$21,750 $0 $21,750
GENE WATSON CHAIRMAN 0.5
Officer
$0 $0 $0
TAYLOR SMITH Vice-Chairman 0.5
Officer
$0 $0 $0
NATHAN COONEY TREASURER 1.0
Officer
$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 $1,799,826 $1,784,008 $225,612 $15,818
2024 $1,071,618 $999,645 $71,973 $71,973
2024 $1,071,493 $989,566 $81,927 $81,927
2023 $358,387 $390,908 $79,472 $-32,521
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