STRATEGY STUDIO / PUBLIC DATA EXPLORER

NEW MERIDIAN CORPORATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
NEW MERIDIAN CORPORATION (EIN 81-3949146)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-10
IRS object ID
202401019349300015
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-10T08:50:19-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760269860PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Blazek & VetterlingBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12900 Weslayan Suite 200AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77027ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN813949146EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1New Meridian CorporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWMBusinessNameControlTxt
Phone5123993452PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19390 Research Blvd 310AddressLine1Txt
CityAustinCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78759ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonArthur A VanderVeenPersonNm
Person TitlePresident & CEOPersonTitleTxt
Phone5123993452PhoneNum
Signature2024-04-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstArthurPersonFirstNm
Person LastVanderVeenPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBarbara MurphyPreparerPersonNm
PTINP01386215PTIN
Phone7134395739PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerArthur A VanderVeenPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19390 Research Blvd 310AddressLine1Txt
CityAustinCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78759ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$24,626,066GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.newmeridiancorp.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionNew 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.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee92TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$700,000PYContributionsGrantsAmt
CY Contributions Grants$1,900,000CYContributionsGrantsAmt
PY Program Service Revenue$19,607,090PYProgramServiceRevenueAmt
CY Program Service Revenue$22,491,139CYProgramServiceRevenueAmt
PY Investment Income$67,154PYInvestmentIncomeAmt
CY Investment Income$234,927CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$20,374,244PYTotalRevenueAmt
CY Total Revenue$24,626,066CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,656,644PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$12,086,489CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$11,324,176PYOtherExpensesAmt
CY Other Expenses$16,129,466CYOtherExpensesAmt
PY Total Expenses$18,980,820PYTotalExpensesAmt
CY Total Expenses$28,215,955CYTotalExpensesAmt
PY Revenues Less Expenses$1,393,424PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,589,889CYRevenuesLessExpensesAmt
Total Assets BOY$22,335,966TotalAssetsBOYAmt
Total Assets EOY$17,575,654TotalAssetsEOYAmt
Total Liabilities BOY$3,711,073TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,545,211TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$18,624,893NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$15,030,443NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSee Schedule ONew 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$21,635,277ExpenseAmt
Revenue$22,491,139RevenueAmt
DescNew Meridian partners with states to design and develop student assessments that measure the critical thinking and reasoning skills that are critical to students' success. During this year, New Meridian developed educational assessments serving 3.6 million students. New Meridian also developed an innovative, "hybrid" approach to test development that enables states to flexibly optimize a blend of existing high-quality test content with new custom-developed content, raising quality while reducing costs and development times.Desc
Total Program Service Expenses$21,635,277TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document133IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee92EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Arthur VanderVeenBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5127717569PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19390 Research Blvd Ste 310AddressLine1Txt
CityAustinCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78759ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Arthur VanderVeen
President & CEO50.00Yes (X)Yes (X)$396,417$0$29,850
Thomas M Higgins
Director0.50Yes (X)$0$0$0
Jesse Markow
Director0.50Yes (X)$0$0$0
Eileen Shihadeh
COO from 3/13/2350.00Yes (X)$0$0$0
Steve Titan
CFO from 9/1/2250.00Yes (X)$98,271$0$3,442
Tauseef Khan
Chief Information Officer50.00$286,868$0$29,450Yes (X)
Ashley Eden
Sr VP of State Partnership50.00$238,799$0$14,386Yes (X)
Kristopher John
VP of Product Strategy50.00$224,452$0$25,143Yes (X)
William Bunting
VP of Program Management Service50.00$209,345$0$5,941Yes (X)
Mark M McNiel
VP of Development50.00$207,707$0$19,546Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,661,859TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$127,758TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K33IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NCS Pearson Inc
221 River StreetHobokenNJ07030Test content & develop$4,460,885
Council for Aid to Education
1732 1st Ave 21535New YorkNY10128Test content & develop$1,454,584
Bigdata Dimension Inc
44330 Mercure Cir107DullesVA20166Technology consultants$1,420,848
Human Resources Research Organization
66 Canal Center Plz 700AlexandriaVA22314Psychometric services$281,280
Caveon LLC
6905 South 1300 East 468MidvaleUT84047Data forensics$274,454
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K17CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,900,000AllOtherContributionsAmt
Total Contributions$1,900,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescStudent evaluationsDesc
Business611710BusinessCd
Total Revenue Column$22,491,139TotalRevenueColumnAmt
Related Or Exempt Func Income$22,491,139RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$22,491,139TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$234,927TotalRevenueColumnAmt
Exclusion$234,927ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,626,066TotalRevenueColumnAmt
Related Or Exempt Func Income$22,491,139RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$234,927ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$845,247TotalAmt
Program Services$372,916ProgramServicesAmt
Management And General$472,331ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,200,047TotalAmt
Program Services$7,739,072ProgramServicesAmt
Management And General$1,460,975ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$281,298TotalAmt
Program Services$237,348ProgramServicesAmt
Management And General$43,950ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,047,232TotalAmt
Program Services$852,283ProgramServicesAmt
Management And General$194,949ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$712,665TotalAmt
Program Services$576,558ProgramServicesAmt
Management And General$136,107ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$392,855TotalAmt
Management And General$392,855ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$228,876TotalAmt
Management And General$228,876ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,587,985TotalAmt
Program Services$9,830,934ProgramServicesAmt
Management And General$2,757,051ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$469,134TotalAmt
Management And General$469,134ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$60,288TotalAmt
Program Services$31,856ProgramServicesAmt
Management And General$28,432ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$940,537TotalAmt
Program Services$834,154ProgramServicesAmt
Management And General$106,383ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$110,580TotalAmt
Program Services$89,461ProgramServicesAmt
Management And General$21,119ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$397,381TotalAmt
Program Services$278,167ProgramServicesAmt
Management And General$119,214ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$321,251TotalAmt
Program Services$224,876ProgramServicesAmt
Management And General$96,375ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$202,928TotalAmt
Program Services$188,638ProgramServicesAmt
Management And General$14,290ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$95,608TotalAmt
Program Services$77,348ProgramServicesAmt
Management And General$18,260ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Licensing fees$301,666$301,666
Dues & subscriptions$20,377$20,377

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$28,215,955TotalAmt
Program Services$21,635,277ProgramServicesAmt
Management And General$6,580,678ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,562,108BOYAmt
EOY$1,149,348EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$16,006,909BOYAmt
EOY$12,209,816EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,510,852BOYAmt
EOY$1,384,792EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$64,338BOYAmt
EOY$248,816EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$772,233LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$575,837LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$237,868BOYAmt
EOY$196,396EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,953,891BOYAmt
EOY$2,023,146EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$215,147EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$148,193EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$22,335,966BOYAmt
EOY$17,575,654EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,752,096BOYAmt
EOY$2,217,943EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$958,977BOYAmt
EOY$169,731EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$157,537EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,711,073BOYAmt
EOY$2,545,211EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,624,893BOYAmt
EOY$15,030,443EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,624,893BOYAmt
EOY$15,030,443EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,335,966BOYAmt
EOY$17,575,654EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$3,589,889ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$4,561NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$200,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$650,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$526,202CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$700,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,900,000CurrentTaxYearAmt
Total$3,976,202TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,633,964CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,970,286CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,258,956CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,607,090CurrentTaxYearMinus1YearAmt
Current Tax Year$22,491,139CurrentTaxYearAmt
Total$99,961,435TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,833,964CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,620,286CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,785,158CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,307,090CurrentTaxYearMinus1YearAmt
Current Tax Year$24,391,139CurrentTaxYearAmt
Total$103,937,637TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$200,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$650,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$225,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$700,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,900,000CurrentTaxYearAmt
Total$3,675,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$565,545CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,059,254CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,221,554CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,218,388CurrentTaxYearMinus1YearAmt
Current Tax Year$2,963,998CurrentTaxYearAmt
Total$11,028,739TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$765,545CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,709,254CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,446,554CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,918,388CurrentTaxYearMinus1YearAmt
Current Tax Year$4,863,998CurrentTaxYearAmt
Total$14,703,739TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$89,233,898PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$209,489CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$203,593CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,851CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70,722CurrentTaxYearMinus1YearAmt
Current Tax Year$234,927CurrentTaxYearAmt
Total$745,582TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$209,489CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$203,593CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,851CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70,722CurrentTaxYearMinus1YearAmt
Current Tax Year$234,927CurrentTaxYearAmt
Total$745,582TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,043,453CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,823,879CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,812,009CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,377,812CurrentTaxYearMinus1YearAmt
Current Tax Year$24,626,066CurrentTaxYearAmt
Total$104,683,219TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.85240PublicSupportCY509Pct
Public Support PY5090.84580PublicSupportPY509Pct
Investment Income CY0.00710InvestmentIncomeCYPct
Investment Income PY0.00510InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$698,601OtherCostOrOtherBasisAmt
Depreciation$517,565DepreciationAmt
Book Value$181,036BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$73,632OtherCostOrOtherBasisAmt
Depreciation$58,272DepreciationAmt
Book Value$15,360BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$196,396TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOperating lease liabilityDesc
Amt$157,537Amt
FieldValueIRS element (for citing)
Total Liability$157,537TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$24,621,505TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$4,561NetUnrealizedGainsInvstAmt
Revenue Not Reported-$4,561RevenueNotReportedAmt
Revenue Subtotal$24,626,066RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$24,626,066TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$28,215,955TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$28,215,955ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$28,215,955TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (1)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgYes (1)CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Arthur VanderVeen
President & CEO$360,917$0$35,500$0$0$0$11,875$0$17,975$0$426,267$0$0$0
Tauseef Khan
Chief Information Officer$286,868$0$0$0$0$0$11,475$0$17,975$0$316,318$0$0$0
Ashley Eden
Sr VP of State Partnership$222,072$0$16,727$0$0$0$8,394$0$5,992$0$253,185$0$0$0
Kristopher John
VP of Product Strategy$224,350$0$102$0$0$0$8,974$0$16,169$0$249,595$0$0$0
Mark M McNiel
VP of Development$193,859$0$13,848$0$0$0$8,308$0$11,238$0$227,253$0$0$0
William Bunting
VP of Program Management Service$190,845$0$18,500$0$0$0$5,941$0$0$0$215,286$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 4aTauseef Khan, Chief Information Officer, received $164,289 in severance compensation.
Part I, Line 5The President/CEO, Sr VP of State Partnerships, VP of Product Strategy, VP of Program Management Services, and VP of Development qualify for revenue-based compensation. For all except the CEO, the bonus structure is included in each employee's compensation agreement and reviewed and approved by the CEO. Finance provides the calculations to support the bonus amounts. For the President/CEO, the bonus structure is included in the compensation agreement for the President/CEO and reviewed and approved by the Board.
Part I, Line 6Bonus compensation for the President/CEO, Sr VP of State Partnerships, VP of Product Strategy, VP of Program Management Services, and VP of Development is only paid if target net earnings are achieved or exceeded.
Part III- Additional InformationThe President & CEO's bonus is determined and approved by the independent members of the Board of Directors. The Chief Information Officer, Sr VP of State Partnerships, VP Product Strategy, VP of Development, and VP of Product Management Services earned bonuses based on performance metrics approved by the Board of Directors.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe 990 is distributed to the Board members, who can review, ask questions, and propose edits. Comments, questions, and proposed edits are appropriately addressed. Approval is sought and recorded in the books and records of the Organization.
Form 990, Part VI, Section B, line 12cNew Meridian Corporation follows its Conflict of Interest Policy, which requires directors and officers to be surveyed annually by the organization regarding any potential conflicts with the organization, its material contractors, and/or customers. In the event of a conflict, the director or officer in conflict abstains from voting on matters in conflict.
Form 990, Part VI, Section B, line 15The Board reviews comparability data for compensation and other factors to determine the compensation of the President/CEO and the overall compensation approach the organization uses. The independent Directors vote to approve such compensation. The supporting data, deliberation, and vote are recorded in Board minutes. New Meridian Corporation participates in a compensation study to compare our compensation with similar organizations. The CEO ultimately determines and approves the COO's salary every year. The Board also approves new Meridian Corporation compensation of Directors as part of each fiscal year's annual plan review.
Form 990, Part VI, Section C, line 19Organizational documents are available upon request.
Form 990, Part IX, line 11gAdminstrative services: Program service expenses 169,860. Management and general expenses 618,247. Total expenses 788,107. Assessment & Design consulting: Program service expenses 1,230,819. Management and general expenses 805,750. Total expenses 2,036,569. Program development services: Management and general expenses 194,279. Total expenses 194,279. Consulting: Program service expenses 2,005,597. Management and general expenses 512,415. Total expenses 2,518,012. Honoraria: Program service expenses 56,465. Total expenses 56,465. Program management: Program service expenses 15,000. Management and general expenses 116,188. Total expenses 131,188. R&D consulting: Program service expenses 6,353,193. Total expenses 6,353,193. Recruiting services: Management and general expenses 510,172. Total expenses 510,172.