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.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
| Position | Total |
|---|---|
Head of School Officer (Unspecified) | $143k $152k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at MEMPHIS MERIT ACADEMY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Climbed 22%
over 2 years
From $118k in 2022 to $143k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Operating Officer pay fell 1% from 2022 to 2023, while revenue rose 24%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MEMPHIS MERIT ACADEMY INC
What are MEMPHIS MERIT ACADEMY INC's revenue and expenses?
In 2024, MEMPHIS MERIT ACADEMY INC reported $6.7M in total revenue and $6.6M in total expenses on its IRS Form 990.
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