2024-04-10T08:50:19-05:00 2023-06-30 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2022-07-01 813949146 New Meridian Corporation NEWM 5123993452 9390 Research Blvd 310 Austin TX 78759 Arthur A VanderVeen President & CEO 5123993452 2024-04-10 1 Arthur VanderVeen 999009999 0 Barbara Murphy P01386215 7134395739 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Arthur A VanderVeen 9390 Research Blvd 310 Austin TX 78759 24626066 0 X www.newmeridiancorp.org X 2016 TX New Meridian's mission is to advance the quality of public education for all students by designing assessments that focus on the skills that matter: critical thinking, deep understanding, and the ability to communicate ideas effectively. 3 2 92 2 0 0 700000 1900000 19607090 22491139 67154 234927 0 0 20374244 24626066 0 0 0 0 7656644 12086489 0 0 0 11324176 16129466 18980820 28215955 1393424 -3589889 22335966 17575654 3711073 2545211 18624893 15030443 X See Schedule ONew Meridian is an assessment design and development partner that helps states prepare today's students for the challenges of tomorrow. We provide technical expertise and the highest quality, research-validated test content uniquely focused on critical thinking, reasoning, and communication skills - the capabilities students will need to thrive in the future. 0 0 21635277 22491139 New Meridian partners with states to design and develop student assessments that measure the critical thinking and reasoning skills that are critical to students' success. During this year, New Meridian developed educational assessments serving 3.6 million students. New Meridian also developed an innovative, "hybrid" approach to test development that enables states to flexibly optimize a blend of existing high-quality test content with new custom-developed content, raising quality while reducing costs and development times. 21635277 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 133 0 1 92 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Arthur VanderVeen 5127717569 9390 Research Blvd Ste 310 Austin TX 78759 Arthur VanderVeen President & CEO 50.00 X X 396417 0 29850 Thomas M Higgins Director 0.50 X 0 0 0 Jesse Markow Director 0.50 X 0 0 0 Eileen Shihadeh COO from 3/13/23 50.00 X 0 0 0 Steve Titan CFO from 9/1/22 50.00 X 98271 0 3442 Tauseef Khan Chief Information Officer 50.00 X 286868 0 29450 Ashley Eden Sr VP of State Partnership 50.00 X 238799 0 14386 Kristopher John VP of Product Strategy 50.00 X 224452 0 25143 William Bunting VP of Program Management Service 50.00 X 209345 0 5941 Mark M McNiel VP of Development 50.00 X 207707 0 19546 1661859 0 127758 33 0 1 0 NCS Pearson Inc 221 River Street Hoboken NJ 07030 Test content & develop 4460885 Council for Aid to Education 1732 1st Ave 21535 New York NY 10128 Test content & develop 1454584 Bigdata Dimension Inc 44330 Mercure Cir107 Dulles VA 20166 Technology consultants 1420848 Human Resources Research Organization 66 Canal Center Plz 700 Alexandria VA 22314 Psychometric services 281280 Caveon LLC 6905 South 1300 East 468 Midvale UT 84047 Data forensics 274454 17 1900000 1900000 Student evaluations 611710 22491139 22491139 22491139 234927 234927 24626066 22491139 0 234927 X 845247 372916 472331 9200047 7739072 1460975 281298 237348 43950 1047232 852283 194949 712665 576558 136107 392855 392855 228876 228876 12587985 9830934 2757051 469134 469134 60288 31856 28432 940537 834154 106383 110580 89461 21119 397381 278167 119214 321251 224876 96375 202928 188638 14290 95608 77348 18260 Licensing fees 301666 301666 Dues & subscriptions 20377 20377 28215955 21635277 6580678 0 2562108 1149348 16006909 12209816 1510852 1384792 64338 248816 772233 575837 237868 196396 1953891 2023146 215147 148193 22335966 17575654 2752096 2217943 958977 169731 0 157537 3711073 2545211 X 18624893 15030443 18624893 15030443 22335966 17575654 -3589889 -4561 0 X 0 1 X 1 0 X 200000 650000 526202 700000 1900000 3976202 21633964 17970286 18258956 19607090 22491139 99961435 21833964 18620286 18785158 20307090 24391139 103937637 200000 650000 225000 700000 1900000 3675000 565545 3059254 2221554 2218388 2963998 11028739 765545 3709254 2446554 2918388 4863998 14703739 89233898 209489 203593 26851 70722 234927 745582 209489 203593 26851 70722 234927 745582 22043453 18823879 18812009 20377812 24626066 104683219 0.85240 0.84580 0.00710 0.00510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 698601 517565 181036 73632 58272 15360 196396 Operating lease liability 157537 157537 24621505 -4561 -4561 24626066 0 24626066 28215955 0 28215955 0 28215955 X X X 1 0 0 1 0 1 0 0 0 Arthur VanderVeen President & CEO 360917 0 35500 0 0 0 11875 0 17975 0 426267 0 0 0 Tauseef Khan Chief Information Officer 286868 0 0 0 0 0 11475 0 17975 0 316318 0 0 0 Ashley Eden Sr VP of State Partnership 222072 0 16727 0 0 0 8394 0 5992 0 253185 0 0 0 Kristopher John VP of Product Strategy 224350 0 102 0 0 0 8974 0 16169 0 249595 0 0 0 Mark M McNiel VP of Development 193859 0 13848 0 0 0 8308 0 11238 0 227253 0 0 0 William Bunting VP of Program Management Service 190845 0 18500 0 0 0 5941 0 0 0 215286 0 0 0 Part I, Line 4a Tauseef Khan, Chief Information Officer, received $164,289 in severance compensation. Part I, Line 5 The President/CEO, Sr VP of State Partnerships, VP of Product Strategy, VP of Program Management Services, and VP of Development qualify for revenue-based compensation. For all except the CEO, the bonus structure is included in each employee's compensation agreement and reviewed and approved by the CEO. Finance provides the calculations to support the bonus amounts. For the President/CEO, the bonus structure is included in the compensation agreement for the President/CEO and reviewed and approved by the Board. Part I, Line 6 Bonus compensation for the President/CEO, Sr VP of State Partnerships, VP of Product Strategy, VP of Program Management Services, and VP of Development is only paid if target net earnings are achieved or exceeded. Part III- Additional Information The President & CEO's bonus is determined and approved by the independent members of the Board of Directors. The Chief Information Officer, Sr VP of State Partnerships, VP Product Strategy, VP of Development, and VP of Product Management Services earned bonuses based on performance metrics approved by the Board of Directors. Form 990, Part VI, Section B, line 11b The 990 is distributed to the Board members, who can review, ask questions, and propose edits. Comments, questions, and proposed edits are appropriately addressed. Approval is sought and recorded in the books and records of the Organization. Form 990, Part VI, Section B, line 12c New Meridian Corporation follows its Conflict of Interest Policy, which requires directors and officers to be surveyed annually by the organization regarding any potential conflicts with the organization, its material contractors, and/or customers. In the event of a conflict, the director or officer in conflict abstains from voting on matters in conflict. Form 990, Part VI, Section B, line 15 The Board reviews comparability data for compensation and other factors to determine the compensation of the President/CEO and the overall compensation approach the organization uses. The independent Directors vote to approve such compensation. The supporting data, deliberation, and vote are recorded in Board minutes. New Meridian Corporation participates in a compensation study to compare our compensation with similar organizations. The CEO ultimately determines and approves the COO's salary every year. The Board also approves new Meridian Corporation compensation of Directors as part of each fiscal year's annual plan review. Form 990, Part VI, Section C, line 19 Organizational documents are available upon request. Form 990, Part IX, line 11g Adminstrative services: Program service expenses 169,860. Management and general expenses 618,247. Total expenses 788,107. Assessment & Design consulting: Program service expenses 1,230,819. Management and general expenses 805,750. Total expenses 2,036,569. Program development services: Management and general expenses 194,279. Total expenses 194,279. Consulting: Program service expenses 2,005,597. Management and general expenses 512,415. Total expenses 2,518,012. Honoraria: Program service expenses 56,465. Total expenses 56,465. Program management: Program service expenses 15,000. Management and general expenses 116,188. Total expenses 131,188. R&D consulting: Program service expenses 6,353,193. Total expenses 6,353,193. Recruiting services: Management and general expenses 510,172. Total expenses 510,172.