Charity Search / NEW MERIDIAN CORPORATION
Education (B90) 990 on File

NEW MERIDIAN CORPORATION

EIN: 81-3949146 · AUSTIN, TX 78759-7367 · United States · FY 2025 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 83/100
Reliability (20%) 45/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$16.9M
Total Revenue
$17.8M
Total Expenses
$2.8M
Net Assets
99
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.5%
Fundraising Efficiency N/A
Operating Reserve 1.87x
Liability-to-Asset 48.4%
Revenue Diversification 95.4%
Executive Compensation $1.1M
Compared with Peers
FY 2025
Compared with 1,677 similar organizations (United States, Education, $10M–$100M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
83.5% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
16.5% 13.6%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.4%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
1.9 mo 10.4 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
48.4% 32.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
95.4% 88.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
22.1% 5.5%
P10P90
Expense growth
Year over year expense growth
-29.3% 5.6%
P10P90
Surplus margin
Surplus as a share of revenue
-5.4% 3.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $16.9M $17.8M $2.8M 83.5% 99
2024 $13.8M $25.2M $3.7M 77.9% 138
2023 $24.6M $28.2M $15.0M 76.7% 92
2022 $21.1M $19.0M N/A — 51
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Organization Details
EIN
81-3949146
State
TX
City
AUSTIN
ZIP
78759-7367
Classification
B90
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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