2024-05-15T11:30:47-05:00 2023-06-30 261180446 THE MARSTON GROUP PLC 1661 INTERNATIONAL DRIVE SUITE 250 MEMPHIS TN 38120 990 2022-07-01 822828471 MEMPHIS MERIT ACADEMY INC MEMP 9016173690 4775 AMERICAN WAY MEMPHIS TN 38118 LAKENNA BOOKER EXECUTIVE DIRECTOR 9016173690 2024-05-13 1 LAKENNA BOOKER XXX-XX-XXXX 0 SUSAN M LATTIMORE P00834343 9017613003 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MEMPHIS MERIT ACADEMY CHARTER SCHOOL LAKENNA BOOKER 4775 AMERICAN WAY MEMPHIS TN 38118 4545144 0 X HTTPS://WWW.MEMPHISMERITACADEMY.ORG/ X 2017 TN MEMPHIS MERIT ACADEMY CHARTER SCHOOL PREPARES KINDERGARTEN THROUGH 8TH-GRADE STUDENTS IN MEMPHIS FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND LIFE BY PROVIDING RIGOROUS ACADEMICS, HIGH-QUALITY INSTRUCTION, AND CHARACTER DEVELOPMENT IN A SUPPORTIVE SCHOOL ENVIRONMENT. 10 10 58 5 0 0 3330774 4383251 47308 67972 0 0 0 93921 3378082 4545144 0 0 0 0 1508882 2162418 0 0 0 1641555 2232631 3150437 4395049 227645 150095 2579395 4151763 1643775 3066049 935620 1085714 MEMPHIS MERIT ACADEMY CHARTER SCHOOL PREPARES KINDERGARTEN THROUGH 8TH-GRADE STUDENTS IN MEMPHIS FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND LIFE BY PROVIDING RIGOROUS ACADEMICS, HIGH-QUALITY INSTRUCTION, AND CHARACTER DEVELOPMENT IN A SUPPORTIVE SCHOOL ENVIRONMENT. 0 0 2789328 67972 PROGRAM SERVICES CONSIST OF PROVIDING EDUCATIONAL CURRICULUM AND INSTRUCTION IN AN EFFORT TO DEVELOP ACADEMIC ACUMEN AND LEADERSHIP SKILLS NECESSARY FOR STUDENTS TO EXCEL IN HIGH SCHOOL, THRIVE IN COLLEGE, AND LEAD LIVES FULL OF OPPORTUNITY. 2789328 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 21 0 1 58 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X EDTEC 2677957878 700 12TH AVENUE SOUTH SUITE 103 NASHVILLE TN 37203 ANGELIA ALLEN BOARD TREASURER 1.00 X X 0 0 0 TIMORIE BELK BOARD SECRETARY 1.00 X X 0 0 0 DIMIKA CAVALIER BOARD MEMBER 1.00 X 0 0 0 TRESSA JOHNSON BOARD MEMBER 1.00 X 0 0 0 LASHAWN LESTER BOARD MEMBER 1.00 X 0 0 0 AURELIA MCBRIDE BOARD VICE CHAIR 1.00 X X 0 0 0 JOSEPH MCKINNEY BOARD MEMBER 1.00 X 0 0 0 MELISA MOORE BOARD CHAIR 1.00 X X 0 0 0 TALUNJA PROPHET BOARD MEMBER 1.00 X 0 0 0 STACEY RICHARDS BOARD MEMBER 1.00 X 0 0 0 LAKENNA BOOKER HEAD OF SCHOOL 40.00 X 117720 0 0 BETTY MCCLINE DIRECTOR OF OPERATIONS 40.00 X 84353 0 0 202073 0 0 1 0 0 0 0 3631553 751698 4383251 SUPPLEMENTAL PROGRAMS 611710 67972 67972 67972 OTHER INCOME 611600 93921 93921 93921 4545144 161893 0 0 X 202073 202073 1630844 1185270 445574 329501 213074 116427 843146 427041 416105 71194 64075 7119 415302 373772 41530 SUPPLIES & MATERIALS 527179 212640 314539 OTHER 180652 135489 45163 DEBT SERVICE 171911 154720 17191 INTERNAL SCHOOL FUNDS 23247 23247 4395049 2789328 1605721 0 607011 527483 186192 496061 9366 9176 3280284 887390 592745 2392894 298954 171239 885127 554910 2579395 4151763 81063 217270 74915 1562712 2773864 1643775 3066049 X 317160 819336 618460 266378 935620 1085714 2579395 4151763 150095 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 499000 499000 736423 6137 730286 1026798 735088 291710 165750 146165 19585 852313 852313 2392894 CUSTOMER DEPOSITS 15000 TCRS STABILIZATION RESERVE TRUST 49562 DEFERRED OUTFLOWS 273532 NET PENSION ASSET 216816 554910 NOTE PAYABLE 2649006 DEFFERRED INFLOWS 124858 2773864 4545144 0 4545144 0 4545144 4395050 0 4395050 0 4395050 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 GRANTS RECEIVED UNDER THE U.S. DEPARTMENT OF EDUCATION PUBLIC CHARTER SCHOOL GRANT PROGRAM, SHELBY COUNTY TENNESSEE PER PUPIL ALLOCATION, AND TITLE 1 GRANTS TO LOCAL AGENCIES. FORM 990, PART VI, SECTION B, LINE 11B UPON PREPARATION BY AN INDEPENDENT ACCOUNTING FIRM, THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS SIGN A STATEMENT ANNUALLY CONFIRMING THEIR COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR A POSITION IS DETERMINED AS TO WHAT IS REASONABLE FOR THE EXPERIENCE, EXPERTISE, GEOGRAPHY, AND NEEDS OF THE ORGANIZATION. COMPENSATION IS REVIEWED BY THE BOARD FINANCE COMMITTEE AND DISCUSSED AND VOTED ON AT BOARD MEETINGS. THE RESULTING DECISION IS RECORDED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S TAX DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 427,041. MANAGEMENT AND GENERAL EXPENSES 416,105. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 843,146. MEMPHIS MERIT ACADEMY REAL ESTATE LLC 4775 AMERICAN WAY MEMPHIS TN 38118 921695287 CONSTRUCTION AND OWNERSHIP OF SCHOOL'S BUILDING AND FACILITIES TN 0 119020 MEMPHIS MERIT ACADEMY INC