Meridian Public Charter School
- Assets
- $25.8m
- Revenue
- $17.5m
- Investments
- $0.0
- Employees
- 151
- Location
- Washington, DC
- Founding
- 04/2000
- Data as of
- 06/2021
- EIN
- 52-2131742
Organization Overview
Meridian Public Charter School is located in Washington, DC. The organization was established in 2000. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Meridian Public Charter School employed 151 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meridian Public Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Meridian Public Charter School generated $17.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $15.9m during the year ending 06/2021. While expenses have increased by 0.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE A PASSION FOR LEARNING IN OUR STUDENTS AND HELP THEM BUILD SELF-CONFIDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A PUBLIC CHARTER SCHOOL SERVING MORE THAN 600 STUDENTS IN GRADES PRE-K THROUGH 8TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Mccrea Head Of School | Officer | 40 | $136,288 |
Shelley Anderson Principal - Middle School | 40 | $118,003 | |
Ariel Weissburg Principal - Elementary School | 40 | $116,895 | |
Edie Ashton Chair | OfficerTrustee | 2 | $0 |
Steve Pearcy Secretary | OfficerTrustee | 2 | $0 |
Mahmia Richards Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tensquare School Improvement Support | 6/29/21 | $682,367 |
Colossal Contractors Inc Building Improvements | 6/29/21 | $155,320 |
All Covered Computers And It Support | 6/29/21 | $167,470 |
Luncheras Di Si Llc Food Service | 6/29/21 | $181,408 |
Trinity 3 Technology Computers And It Support | 6/29/21 | $200,025 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,464,110 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,643 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,487,753 |
| Total Program Service Revenue | $375 |
| Investment income | $8,397 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,496,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,444 |
| Compensation of current officers, directors, key employees. | $20,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,189,249 |
| Pension plan accruals and contributions | $231,572 |
| Other employee benefits | $1,380,745 |
| Payroll taxes | $113,454 |
| Fees for services: Management | $667,111 |
| Fees for services: Legal | $13,842 |
| Fees for services: Accounting | $196,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $464,053 |
| Advertising and promotion | $8,120 |
| Office expenses | $276,220 |
| Information technology | $187,197 |
| Royalties | $0 |
| Occupancy | $968,561 |
| Travel | $586 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,726 |
| Interest | $711,024 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,334,298 |
| Insurance | $189,184 |
| All other expenses | $4,404 |
| Total functional expenses | $15,882,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,034,073 |
| Savings and temporary cash investments | $3,938,791 |
| Pledges and grants receivable | $949,627 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $168,087 |
| Net Land, buildings, and equipment | $19,738,137 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,000 |
| Total assets | $25,835,715 |
| Accounts payable and accrued expenses | $952,410 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $7,060,272 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,977,802 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,990,484 |
| Net assets without donor restrictions | $11,845,231 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,835,715 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meridian Public Charter School has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Whirlpool Collective Impact Fund Benton Harbor, MI PURPOSE: CARE COUNTS LAUNDRY PROGRAM | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Bullis School Inc Potomac, MD | $98,208,716 | $48,486,298 |
Charles E Smith Jewish Day School Of Greater Washington Inc Rockville, MD | $72,940,113 | $37,835,110 |
Landon School Corporation Bethesda, MD | $80,382,622 | $54,334,304 |
Friends School Of Baltimore Inc Baltimore, MD | $92,747,497 | $38,147,236 |
Maret School Inc Washington, DC | $97,996,233 | $40,685,591 |
Bryn Mawr School For Girls Of Baltimore City Baltimore, MD | $100,381,068 | $39,864,147 |
St Annes-Belfield Inc Charlottesville, VA | $122,363,605 | $34,335,007 |
Norfolk Academy Norfolk, VA | $147,079,429 | $29,484,040 |
Park School Of Baltimore Inc Baltimore, MD | $78,513,590 | $32,114,129 |
Roland Park Country School Inc Baltimore, MD | $116,841,360 | $25,214,308 |