Nonprofit screen
Screen a listMemphis Merit Academy Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$6.7Mrevenue
FY2025 · +98% in 3 yrs96staff
7 of 7years filed
’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin1.2%
Months of reserve1.5mo
Revenue growth (annualized)+43.6%
Middle half of peersMedianMemphis Merit Academy
Where the money goes FY2025 · $6.6M spent
Programs$4.1M63%Management and general$2.5M37%990 FY2025 · Part IX line 25
Nothing to check in the filings
In its favor3
Strong governance
8 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 44% a year since FY2019, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 7 of its 7 returns, 87% of revenue in FY2025.
990 Part VIII6funders
$456ka year, last 3 years
55%from its largest funder
Funder’20’21’22’23Charter Fund Inc D/B/A Charter School Growth FundSince FY2021$75k$200k$475k50can IncNew in FY2023$328kJr Hyde III Family FoundationOn and off$68kDonor-advised giftsDonors not disclosed$255k$25k$264k$17
FundedThrough a donor-advised fund