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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Memphis Merit Academy Inc.

Memphis Merit Academy Inc.

Fiscal year ending 2025. Filed on December 22, 2025.

4075 American Way
Memphis, Tennessee 38118

Memphis Merit Academy Inc. (EIN: 82-2828471) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2025 IRS Form 990 filing, Memphis Merit Academy Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 96 total employees. Among the employees shown here, the average compensation is $143,046. The highest compensated employee at Memphis Merit Academy Inc. is Lakenna R Booker with fiscal year 2025 compensation of $143,046. Memphis Merit Academy Inc. changed its name from Memphis Merit Academy Charter School in 2020.

Revenue, expenses, and employee compensation

Revenue

$6,689,747

Expenses

$6,612,069

Employee compensation

$3,459,115
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lakenna R Booker
Head of School
$143,046
$143,046 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Aurelia McBride
Board Chair
Dimika Cavalier
Secretary
Joseph McKinney
Treasurer
Lashawn Lester
Board Member
Reid Lanigan
Board Member
Robin Dixon
Board Member
Talunja Prophet
Vice Chair
Timorie Belk
Board Member

Contractors

901 Real Estate
Property Management
$620,589

Mission Statement

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.

Revisions to this organization profile

December 22, 2025:
2025 Memphis Merit Academy Inc. 990 filed
February 18, 2025:
2024 Memphis Merit Academy Inc. 990 filed
May 15, 2024:
2023 Memphis Merit Academy Inc. 990 filed

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