New Meridian Corporation
New Meridian Corporation reported $16.9 million in revenue and $17.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.54 went to program services, $16.46 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.4% of the total. The highest compensation it reported for one person was $413,549 (President & CEO). 52 people received more than $100,000 in reportable compensation. Revenue fell 10% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $18MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $413,549 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.32% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 52 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 3 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseNew 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…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Director/trustee, officer, 50.00 hrs/week | $375,934 | $0 | $37,615 | $413,549 |
| Chief Technology Officer Key employee, 50.00 hrs/week | $273,628 | $0 | $28,764 | $302,392 |
| VP Product Strategy Key employee, 50.00 hrs/week | $233,117 | $0 | $28,515 | $261,632 |
| Senior Controller Highest compensated employee, 50.00 hrs/week | $215,834 | $0 | $28,800 | $244,634 |
| VP Assessment and Client Services Key employee, 50.00 hrs/week | $230,855 | $0 | $7,354 | $238,209 |
| Director of Finance Highest compensated employee, 50.00 hrs/week | $189,074 | $0 | $30,005 | $219,079 |
| Director of Full-Service Assessment Delivery Highest compensated employee, 50.00 hrs/week | $186,042 | $0 | $29,944 | $215,986 |
| Director of Psychometric Research Services Highest compensated employee, 50.00 hrs/week | $211,657 | $0 | $3,337 | $214,994 |
52 people received more than $100,000 in reportable compensation from New Meridian Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 599
- Volunteers Part I, line 63
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| University of Kansas Center for Research Test content & develop | $1,291,761 |
| Strategic Measurement and Evaluation In Test Scoring Service | $909,530 |
| NCS Pearson Inc Test content & develop | $700,856 |
| Learnosity Limited Test content & develop | $237,813 |
Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from New Meridian Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New Meridian Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 New Meridian Corporation spent in FY2025, $83.54 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- The Blue Ridge SchoolSt George, VA · revenue $17M · programs 80.9% · FY2025
- North Yarmouth AcademyYarmouth, ME · revenue $17M · programs 88.2% · FY2025
- Minneola Charter SchoolsMinneola, FL · revenue $17M · programs 82.6% · FY2025
- Canterbury SchoolFort Wayne, IN · revenue $17M · programs 75.3% · FY2025
- Naval Postgraduate School FoundationMonterey, CA · revenue $17M · programs 85.2% · FY2025
Questions people ask
How much of New Meridian Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, New Meridian Corporation reported that 83.5% of its $17.8 million in expenses went to program services, 16.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does New Meridian Corporation pay its top executive?
The largest total compensation New Meridian Corporation reported for one person in the fiscal year ending June 30, 2025 was $413,549, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does New Meridian Corporation get its money?
Of $16.9 million in revenue in the fiscal year ending June 30, 2025, 3.7% came from contributions and grants and 95.4% from program service revenue (Form 990, Part VIII).
Is New Meridian Corporation a registered charity?
The IRS lists EIN 81-3949146 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620439349300837 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500249349300445 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401019349300015 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213189349308581 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103199349305410 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003149349303100 · read the filing
All filings for EIN 81-3949146: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.