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Memphis Merit Academy Inc

Memphis Merit Academy Charter School

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822828471 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Memphis Merit Academy Inc?

Memphis Merit Academy Inc, headquartered in Memphis, Tennessee, is a nonprofit organization dedicated to nurturing the academic growth and leadership skills of its students. Located at 4775 American Way, the academy serves kindergarten through 8th-grade pupils in the area. Its primary mission is to prepare these students for success in high school, college, and beyond by providing rigorous academics, top-quality instruction, and character development in a supportive learning environment. The academy employs 56 individuals, contributing to its vision of fostering well-rounded individuals capable of thriving in various aspects of life.


Official website here: www.memphismeritacademy.org/

Is Memphis Merit Academy Inc legitimate?

Memphis Merit Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Merit Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $173,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,330,512

For more financial information, click here


Official website here: www.memphismeritacademy.org/

What is the mission statement of Memphis Merit Academy Inc?

The Memphis Merit Academy Inc, as a charter school, aims to prepare students from kindergarten to 8th grade for success in high school, college, and beyond. This is achieved through providing rigorous academics, high-quality instruction, and character development in a supportive school environment. The program services offered by the academy are designed to develop the necessary academic acumen and leadership skills in students, enabling them to excel in high school, thrive in college, and lead fulfilling lives.


Official website here: www.memphismeritacademy.org/

Who is the CEO of Memphis Merit Academy Inc?

Lakenna Booker is the Board Chair of Memphis Merit Academy Inc.


Official website here: www.memphismeritacademy.org/

What is the revenue of Memphis Merit Academy Inc?

Memphis Merit Academy Inc's revenue in 2022 was $3,378,082.


Official website here: www.memphismeritacademy.org/

Who are the executives of Memphis Merit Academy Inc and what are their salaries?

The average compensation at Memphis Merit Academy Inc during 2022 was $26,866. There are 56 employees and 1 volunteers at Memphis Merit Academy Inc.

Here are 14 key members and their salaries:

    Lakenna Booker (Head Of School)
  • Compensation: $101,824
  • Related: $0
  • Other: $0

    • Betty Mccline (Director Of Operations)
  • Compensation: $72,167
  • Related: $0
  • Other: $0

    • Brad Scmiedicke (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aurelia Mcbride (Board Secretary I) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Ragland (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darron Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelia Allen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kacy Dixon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Gibbs (Board Secretary Ii) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Moore (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Talunja Prophet (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timorie Belk (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lashawn Lester (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tressa Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.memphismeritacademy.org/

    Where can I find the form 990 for Memphis Merit Academy Inc?

    The Memphis Merit Academy Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.memphismeritacademy.org/

    Learn more at the official website: www.memphismeritacademy.org/

    Mission Statement of Memphis Merit Academy Inc

    Memphis Merit Academy Inc, a charter school, is dedicated to equipping kindergarten to 8th-grade students in Memphis with the tools necessary for success in high school, college, and beyond. The organization achieves this by providing rigorous academics, high-quality instruction, and character development within a supportive school environment. Through its educational programs and instruction, Memphis Merit Academy aims to foster academic acumen and leadership skills in its students, enabling them to excel in high school, thrive in college, and lead fulfilling lives filled with opportunities.

    Impact

    This information is meant to be a general summary of Memphis Merit Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Memphis Merit Academy Inc's impact is evident in the transformation of kindergarten through 8th-grade students in Memphis into individuals equipped for success in high school, college, and life. By providing rigorous academics, high-quality instruction, and character development in a supportive school environment, the organization cultivates academic prowess and leadership skills essential for students to excel in high school, thrive in college, and lead lives full of opportunity. Through its educational curriculum and dedicated efforts, Memphis Merit Academy is shaping young minds and empowering them to realize their full potential.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $47,308
  • Gross Receipts: $3,378,082

    • Assets and Liabilities:
  • Total Assets: $2,579,395
  • Total Liabilities: $1,643,775
  • Net Assets: $935,620
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SUPPLEMENTAL PROGRAMS

    Revenue

    $47,308

    Organization Details

    Founding Year

    2017

    Principal Officer

    Lakenna Booker

    Main Address

    4775 AMERICAN WAY, MEMPHIS, TN, 38118

    NTEE Category

    Code: B29 - Education

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