SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Meridian Academy Inc
Jamaica Plain, MA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Meridian Academy Inc sits in the watch range. Reserves cover under 3 months of expenses, a precarious runway. Revenue is highly concentrated at 96% tuition-dependent (peer median 81%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 47% of expenses, well below the peer median, worth understanding why. Net assets are growing 7.8%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 2.9 / 10, watch.
Meridian Academy Inc operates at 96% tuition dependency — among the most tuition-reliant 10% of peers in its cohort. A soft admissions year would flow straight to operations.
Meridian Academy Inc reported $3.4M in revenue against $3.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $765K — about 0.23x annual operating expense.
Operating margin landed at 2.5%, with 95.5% of revenue coming from tuition. Among same-size peers, that puts Meridian Academy Inc at the p55 on operating margin.
$3.4M
REVENUE FY2023
2.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Meridian Academy Inc: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Meridian Academy Inc ranks 8th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
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