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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 2024. Filed on February 18, 2025.

4075 American Way
Memphis, Tennessee 38118

Memphis Merit Academy Inc. (EIN: 82-2828471), also known as Memphis Merit Academy Charter School, has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Memphis Merit Academy Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 86 total employees. Among the employees shown here, the average compensation is $101,063. The highest compensated employee at Memphis Merit Academy Inc. is Lakenna Booker with fiscal year 2024 compensation of $118,672. Memphis Merit Academy Inc. changed its name from Memphis Merit Academy Charter School in 2020.

Revenue, expenses, and employee compensation

Revenue

$5,640,340

Expenses

$5,853,082

Employee compensation

$2,813,426
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lakenna Booker
Head of School
$118,672
$118,672 No related compNo other comp
Betty McCline
Operations Director
$83,454
$83,454 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Angelia Allen
Board Treasurer
Aurelia McBride
Board Vice Chair
Dimika Cavalier
Board Member
Joseph McKinney
Board Member
Lashawn Lester
Board Member
Melissa Moore
Board Chair
Stacey Richards
Board Member
Talunja Prophet
Board Member
Timorie Belk
Board Secretary
Tressa Johnson
Board Member

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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